Thursday August 20, 2009 - 14:49:55 GMT
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GVI Forex- Data Outlook for August 21, 2009
HIGHLIGHTS: Friday‚Äôs calendar sees key data and events ahead of the weekend. In Europe, flash Eurozone manufacturing and Service PMIs will be released. They are often very close to the final results. In North America, Bernanke will give a key address on the outlook for the economy. July Existing Homes sales are the top housing statistic and it is seen improved. FRIDAY:
EZ- Flash mfg/service PMIs- important- Key leading economic indicator. Both seen better.
US- Bernanke- very important- U.S. economic outlook.
US- Existing Home Sales- important- The top housing indicator. Seen better.
Upcoming Top Tier Releases:
EZ- Industrial Orders
CA- Retail Sales
US- Case Shiller, CB Confidence, 2-yr Note
DE- IFO Survey
US- Durable Goods, New Homes Sales, 5-yr Note
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