Mon 30 Jun 2008
The US economic calendar will begin on Monday with the release of the Chicago PMI report for June
Posted by under 1Technical Market View wrote an interesting post today on
Here’s a quick excerpt
Past Week’s Data and Events The US currency looks to be in new trouble, as the equity indices plummet into recession and energy costs are out of control. The downside is favored this week, with the ECB expected to hike rates during a week shortened by the Independence Day on Friday, and the Fed may need to cut rates before hiking them. United States The Federal Reserve removed the odds of a rate hike to fight inflation, as the credit conditions worsen, unemployment rises and the DJIA spells it
Read the rest of this great post here
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