The Dow Jones Industrial Average SPDR (ARCA:DIA) is also coming very close to testing its October high (which is a support level) at $122.58. While trendlines and minor support have been broken on the recent decline, this could still arguably be a correction within a longer term trend, as long as $122.58 is not penetrated. If Readmore >>
MPC Meeting Minutes is scheduled to be released today and since it´s customary for BOE (Bank of England) not to release a statement along with its interest rate decision (2 weeks ago) Readmore >>
Today´s Retail Sales number from UK will be widely watched as this is a high impact yet very tradable report. Here is the forecast for this release:
4:30am (NY Time) Forecast Readmore >>
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health.
Here´s Readmore >>
US New Home Sales usually follows the trend of Existing Home Sales, therefore we´re likely to see an inline release today.
Here is the Readmore >>
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