3 numbers to watch: Eurozone confidence, US initial claims, US pending home sales
With the FOMC meeting and Bernanke press conference out of the way, which saw the FOMC reduce its unemployment rate forecast for 2012 to 7.8-8%, (see John Hardy's take on the FOMC here) we turn to the weekly jobs situation in the US, which seems to have deteriorated a bit recently. We also get...
FF News: Fundamental