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Thursday April 18, 2013 - 09:04:26 GMT
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Soft March U.K. Retail Sales data. Weekly U.S. jobless data due
|Soft March U.K. Retail Sales data. Weekly U.S. jobless data due|
18 April 2013 00:00 gmt
CALENDAR- North America: US- Weekly Jobless, Philly Fed, Leading Indicators, Natural Gas.
- HIGH IMPACT ITEMS: US- Weekly Jobless, Philly Fed
- U.S. equities will be closely watched again today as one of the key indicators market sentiment.
- Market chatter about a German debt downgrade proved correct yesterday after second-tier ratings firm, Egan Jones, took Germany down to A from A+.. Concern about the European economy has been mounting.
- U.K. Retail Sales data were generally weaker than expected. Cold weather was blamed.
- Keep an eye on key weekly Jobless claims from the U.S. +/-350K seems to be the psychological break point.
||JGB 0.59% -1bp
||Bund 1.23% 0bp
FX Trade Talk: What's moving markets-- Commentary, data. and data charts posted continuously on FOREX FORUM
John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service.. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
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