Lets see...AU is flat, GU is down, and EU, EJ, EGBP, ECHF are all up....everyone should know which way to trade based on that info.
3 Numbers to Watch: EU Industrial Production, UK inflation, US retail sales
The key releases for Wednesday include industrial production for the European Union, the quarterly inflation report from the Bank of England and retail sales for the US. EU Industrial Production (10:00 GMT) Todayís update will likely show that Europeís recession is easing. Perhaps the slump has, in fact, ended, but itís too soon to say. A somewhat more confident view is that the rate of contraction is slowing. New evidence for thinking positively is expected to show up in December's report for industrial production. The consensus forecast calls for a 0.2 percent increase in 2012ís final month against November, which posted a 0.3 ... (full story)
- Posted: Feb 13, 2013 3:56am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 1,246