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Monday, April 10, 2006

EUR/CAD: Stalling Near 100-Day?

Although this week looks like a fairly standard week, one never knows what surprises may be in store. With the major central bank meetings out of the way, the key figure this week is likely to be the U.S. trade deficit figures for February, which are due on Wednesday. The shortfall is estimated to be near $70b. The corresponding inflow data (TIC report) is expected next week on the 17th . The influential German ZEW index of business confidence is slated for release on Tuesday, and US. retail sales are on tap for Thursday. Read More....