Advanced Monthly Retail Sales For May increased by 0.3% less than the consensus forecast of 0.5%. The Core Retail Sales excluding auto increased by 0.1%, also lower than the estimates of 0.4%. The unemployment claims jumped to 317K more than 313K for last week and 306K estimates. The combined effect was weakening of S&P 500 futures…
7:00 AM Reading List Euro hovers near 4-month low; kiwi up on RBNZ rate hike 86 per cent Indian CFOs optimistic about economic growth Lululemon, Finisar, Target are stocks to watch Gold looks to extend win streak to four ECB’s backroom deal with Germany World Bank cuts 2014 global growth forecast U.S. Economic Recovery Looks…
Yesterday, we alerted for a possible trade in our seasonal long British Pound in June strategy if the currency pair closes above previous day’s close. It did so our trade is one. For tracking purposes we will use the yesterday’s close. Go long GBP/USD at or near 1.67900. Three out of four entry strategy generated this…
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