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3 Numbers to Watch: US Durables, Pers. Income, Cons. Sentiment

From tradingfloor.com

Today's calendar is probably this week’s dullest. With the approaching holidays and position squaring, these backward-looking numbers are of little interest. But one caveat, though: the US numbers at 13:30 GMT are published simultaneously with Canadian Q3 GDP and CPI, and everyone is expecting a quiet Friday. The EURUSD and SPX have been range trading for the past two sessions (after nice positive runs), and the apparent delay in solving the fiscal cliff (March 2013 is currently the talk) could easily break these ranges to the downside – as the Federal Reserve cannot solve the fiscal cliff on behalf of political ... (full story)

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