Lots of data out today. Firstly this morning we had the German Ifo Business Climate Index which came in above expectiations at 104.2. Also, the US national home price index which was slightly better than expectations coming in at -4.9. We also had the US consumer confidence which some times provides a big move coming in at 87.3, this is much lower than the expected 91.5.
There is a lot more news this week, perhaps some of it will produce a trigger to get the majors out of their fairly tight range. We we see..
