Morning Call by Traders University

Yesterday the FTSE 100 closed up just 2.5 points at 4,328 and is now looking to test the support levels around 4,300 and the 50ema. The Dow closed down 108 points at 8.504 following heavy falls on Monday. Futures are pointing to a higher open on Wall Street, so it could be an interesting day. Volume has been tailing off over recent weeks but has picked up slightly over the last couple of days. American CPI, Swiss Retail Sales and British employment figures are the highlights of today. In addition, Ben Bernanke will speak at 2pm and may hint something on his speech in Washington regarding interest rates, so watch out for reaction. At 9:30am GBP high news followed by USD Core CPI at 13:30pm. Happy trading!