Morning all. Not much to report overnight, apart from the big fall in EURUSD yesterday evening. Apparently ECB said they would be cutting rates and certainly not raising them. Ho hum. Global recession here we come.
Today's economics: US housing starts at 1:30pm and Philly Fed index at 3pm. ECB bulletin out at 9am and various central bankers are speaking throughout the day so expect sound bite knee jerks.
Thursday, 17 January 2008
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