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Euro Up on Hopes For EU Summit

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Top Stories Euro rallies on hopes for EU summit on Thursday Asian equities slightly lower but Europe up on summit hopes Oil at $72.40/bbl Gold holds steady at $1068/oz. Overnight Eco JPY Prelim Machine Tool Orders up 192% EUR German Final CPI -0.6% as expected EUR
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EUR/USD Rebounds on Short Covering

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Top Stories Jaoanese data shows slow improvement Asia lower as week starts OIl at $71.50/bbl Gold bounces over $1066/oz. Overnight Eco JPY Bank Lending -1.5% vs. -1.0% JPY Current Account 1.10T vs. 1.27T JPY M2 Money Stock 2.9% vs. 3.0% CHF Unemployment Rate
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Euro Holds Its Ground Despite Unsatisfactory G7

Top Stories Overnight Eco Event Risk on Tap Price Action Although the details of the possible tax were not yet available, the prospect of yet another levy on the global money centre banks will likely put further strain on capital markets if it should ever become actual law.

A Suprise Reaction to the NFPs?

Top Stories UK PPI much hotter at 2.0% Asia and Europe sharply lower in wake triple digit losses in Dow (Dow breaks 10,000 in overnight trade) Oil below $73/bbl Gold near weeks lows at $1050/oz Overnight Eco AUD AIG Construction Index 57.7 vs. 49.3 JPY

Euro at Multi Month Lows Ahead of ECB

Top Stories BoE and ECB meeting on tap Asia lower accross the board Europe follows OIl below $77/bbl Gold hold $1100/oz. at $1105 oz. last Overnight Eco AUD Building Approvals 2.2% vs. -0.2% AUD Retail Sales sharp slide to -0.7% vs. 0.3% forecast NZD Employment

Dollar Could Get a Lift From ISM Data

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Top Stories UK Serives PMI misses at 54.5 vs. 56.6 Asian bourses rally, Europe more tanative on open OIl continues recovery as $78/bbl next level targeted Gold gets boost from comm rally art $1125/oz. Overnight Eco AUD AIG Services Index 47.4 vs. 50.0 AUD Trade
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