Friday, August 07, 2009

Quick Overview

  • The European Central Bank and 18 other banks agreed to limit their sales of gold to no more than 400 tons per year until 2014.

  • Canada’s July Unemployment Rate steady at 8.6% (8.8% expected)

  • Australia’s Julys Construction Index out at 39.5 (42.6 expected)

  • Switzerland’s July Unemployment Rate out at 3.9% up from 3.8% in June

  • Germany’s June Trade Balance out at 12.2B (10.6B expected) and 9.5B in May

  • UK July PPI Input/output out at -1.4%/+0.3% MoM (0.8%/0.0% expected)

  • Germany’s June Industrial Production out at -0.1% MoM ( +0.5% expected)

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