12/8/2008 - the current market sentiment |
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Today's release of US trade balance of June has helped the greenback to keep its pressure across the broad. The US trade balance of June came at -56.8 and it was expected to be -61.00$ billion and we wait later this week for the release of US retail sales of July which is expected to increase broadly by .2% m/m and excluding auto sales by .5% m/m. also we have July US CPI which is expected to reach 5.1% y/y and its core which excluding food and energy to increase by 2.4% y/y which is the same
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