Monday, March 12, 2007

Markets opening abit calmer this morning

So stocks up slightly across Asia last night. Nikke1 up .75%, Hang Seng +1.61% and China's Shanghai composite up .58%.

If stocks stabilize I am looking for a resumption of High Yield strength. Numbers today are minimal, but as the week progresses we have Retail sales tomorrow (expected +.3%), PPI Thursday (+.5%) and CPI on Friday (+.3%). If those numbers come in as expected look for markets to trade slightly stronger. I am still questioning the next move in the Euro. It is higher this morning.....If you have any thoughts please let me know.


Good Luck and Good FOREX Trading.



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