Major Market Mover: Quiet Day…

Today marks another rather fundamental free market as economic calendars lack key releases from the US as well as to just EU nation data from inflation to employment; despite the unemployment being at a record low still yet expectations for steady rates remain the target by the ECB this week.

Market participants on the other hand, remain throughout this week vigilant and edgy for what the end of this week holds for us from key releases on both Atlantic shores, America and Europe…

The signs to Friday’s big report are on a role this week after yesterday’s first slight incline in manufacturing ISM employment sub-indices, yet the confidence in the cut carried by the feds is still floating in the markets and fundamentals so far haven’t been rainbow bright at all yet showing a slowing in the new home sales tumbled to the lowest in almost seven years isn’t much convincing data.

Today and mainly those couple of days till week end will be merely the god given right and time for investors to lock in their ballots and absorbs the facts at hand to continue the undergoing slumping dollar trend. So stay tuned for we never know it might always get messy…