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Thursday, August 10, 2006

IMPORTANT DATA COMING UP

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Important figures coming up in few minutes (12:30 GMT)
US trade Balance expected at -$64.5 B
US Intial Jobless Claims Expected at 315K

Todays Data , is a Fed Watcher which will begin building a case for raise/pause todau with Intial Jobless Claims.
Slowing Growth+ (mild) inflation = PAUSE
A higher Intial Claims will highlight a Slowing Economy and support contiuned FED Pause (sending USD lower)
And a Lower Figure the reverse (Sending USD higher to a lesser extend)

CLIENTS DO WATCHOUT FOR REVERSALS

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