www.bforex.com: Data Will Be Thin Today

Information from the States came in worse than anticipated through the Empire State Manufacturing Index and the Consumer Sentiment reading, however the broad markets remained calm.

The European Bank Stress Tests outcomes furnished very few unexpected situations.

Investors treated the end result with doubt, because the Stress Test do not be the reason for Counterparty Risk in the matter of Sovereign Debt defaults.

Wall Street carried out with gains on Friday, but in general for the week lost ground.

The EUR/USD pair moved into the weekend break without much in the way of fireworks, which sets up traders for the probability of movements to go in the Forex markets Monday.

There will be no important economic info today. Tomorrow the U.S. begins to release housing sector volumes.

Gold is around record highs, which reveals the volume of stress that exists as investors look for safe havens.