Morning Call by Traders University

The European markets managed to inch forward yesterday with the FTSE 100 closing up 32 points (0.73%) at 4,436. The DAX closed up 52 points (1.07%) at 5,051 and the CAC closing up 18 points (0.56%), with the Dow closing down 24 points (0.27%) at 8,739. In Forex news the Australian Consumer Confidence rises most in 22 Years - New Zealand’s Trading Terms Index Tumbles on Weak Export Demand - Yen Looks to Global Economic Recovery - USD Strength not likely to return this Week - EUR Rises on Weaker Greenback. In term of high news, starting at 2:30am, AUD unemployment rate release. Then USD retail sales at 13:30pm and finally NZD retail sales at 11:45pm. Keep an eye on this news if you are trading these currencies.