Thursday May 7, 2009 - 16:43:24 GMT
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Forex Blog - Economic Data Preview for Friday
GVI Forex Analysis:
DE- Trade- closely watched- Key measure of economy. See Smaller surplus.
CH- Unemployment- closely followed- Another metric of the economy. Seen higher
DE- Ind Output- closely watched- Leading indicator of economy. Seen less bad.
UK- Core Output PPI- important- BOE targets inflation. Seen easier
US- Monthly Employment- very important- biggest release of month. Seen lousy but better.
US- Wholesale Inventories- important- important leading indicator. Seen falling.
CA- Monthly Employment- very important- leading economic indicator. Seen lousy, but better.
Core Out PPIyy
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