Today's data release on money supply in Europe shows that the last month's supply declined...the graph below shows that supply is only about one-quarter of that at its peak in 2008...it appears that money is flowing out of Europe and the Euro, once again. The data is supplied courtesy of www.forexfactory.com.
Welcome and thank you for visiting!
The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex
DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.
UPCOMING ECONOMIC EVENTS...
* Tues. July 26 ~ 2-day FOMC Meeting Begins
* Wed. July 27 @ 2:00 pm ET ~ FOMC Announcement
* Wed. Aug. 17 @ 2:00 pm ET ~ FOMC Minutes
* Fri. Sept. 2 @ 8:30 am ET ~ Employment Data
* Wed. Sept. 7 @ 2:00 pm ET ~ Beige Book Report
* Tues. Sept. 20 ~ 2-day FOMC Meeting Begins
* Wed. Sept. 21 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference