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The next target for the GBP/USD should be 1.6043
Initial Jobless Claims : 414.00K (Forecast: 420.00K) Building Permits : 0.61M (Forecast: 0.55M ) Current Account: -119.00B (Forecast: -130.00B) Foreign Securities Purchases: 8.22B (Forecast: 5.45B)
“Nout Wellink told Dutch newspaper Het Financieele Dagblad that a new Greek aid package would carry so many uncertainties and risks that a doubling in the bail-out fund would be necessary to take into account the contagion risk for both … Continue reading
“Gold and silver futures turned higher in early U.S. trading after a wave of inflation and manufacturing data underlined concerns the U.S. economic recovery had hit a speed bump, raising the allure of assets seen as safe havens.”MarketWatch
CPI (MoM) 0.20% ( Forecast: 0.10%) Core CPI (MoM) 0.30% ( Forecast: 0.20% )
European stock markets opened mostly lower on Wednesday, with French banks under pressure after Moody’s Investors Service put three under review for a possible downgrade