Day: August 31, 2007

Some Good Fundamentals from U.S.

Following the day of not so good (rather bad) economical news from U.S. yesterday, markets were surprised by some very optimistic indicators presented today. A reaction on both stocks and Forex markets was supportive with the stocks bulls, EUR and GBP to gain and the bears with JPY and USD to lose somewhat.Personal income and spendings number for July came out at 0.5% and o.4% growth that is higher than 0.3% expected […]