Markets are worried about the potential disorderly default and exit by Greece and what that means in terms of contagion risks.
World stock markets have lost $4.1 trillion this month as turmoil in Europe spread.
The GDP growth in India slowed down to 5.3% in the fourth quarter of 2011-12.
Yesterday's pending home sales came less than expectations.
Today markets looking for :
Germany retail sales and Unemployment change.
US ADP employment change
GDP (Q1),Initial jobless claims personal consumption,
Chicago PMI and EIA oil inventories.
Yesterday our trade calls:
on gbp,chf and gold were 100% success.
Today's Trade Calls from Vipul trivedi
Buy Gbp/Usd at5460 stop below 5400 target 5535/5605
Sell Usd/Chf at 9740 stp above 9780 target 9635
Sell Usd/Cad at 1.0290 stop above 1.0320 target 1.0220 Sell gold at 1564 stop above 1570 target 1552
Buy Oil at 87.55 stop below 86.80 target open "
World stock markets have lost $4.1 trillion this month as turmoil in Europe spread.
The GDP growth in India slowed down to 5.3% in the fourth quarter of 2011-12.
Yesterday's pending home sales came less than expectations.
Today markets looking for :
Germany retail sales and Unemployment change.
US ADP employment change
GDP (Q1),Initial jobless claims personal consumption,
Chicago PMI and EIA oil inventories.
Yesterday our trade calls:
on gbp,chf and gold were 100% success.
Today's Trade Calls from Vipul trivedi
Buy Gbp/Usd at5460 stop below 5400 target 5535/5605
Sell Usd/Chf at 9740 stp above 9780 target 9635
Sell Usd/Cad at 1.0290 stop above 1.0320 target 1.0220 Sell gold at 1564 stop above 1570 target 1552
Buy Oil at 87.55 stop below 86.80 target open "
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