Week Ahead 12-10-2007

Good Morning,

First of all this morning i've got to appologize for fridays post, or the lack of post on friday haha. Im new to this blogging thing so you gotta give me a chance to grow.

But anyway, This week is a huge week with the FOMC coming out on tuesday. Starting off today we don't have much news in the US market. Pending home sales comes out at 10am EST. Other than that its a technical day on the US market. North of the border the Bank of Canada Governor speaks at 12pm EST. Canada also has housing starts that have already came out at 8:15am EST.

Tuesday of course we've got the interest rate statement (FOMC) coming out at 2:15pm. There are other opportunities on the Aussie dollar, the pound and the euro.

Wednesday we've got the import price index at 8:30am also the trade balance at 8:30am. Other good trades in the Aussie dollar, the pound, the New Zealand Dollar and the Canadian Dollar.

Thursday is a Big day. We've got retail sales, core retail sales and ppi coming out at 8:30am. In other markets we've got good trades in the Canadian dollar, the Japanese Yen, The pound and the Swiss Franc.

Finally on friday we've got CPI and Core CPI coming out at 8:30am. At 9:15am we've got industrial production and capacity utilization. No other news announcments other then the canadian dollar.

Well i hope everybody has a good week.

JP