Daily Market News 19 July 2011

Yesterday’s market movers

  • The US Net Long-Term TIC Flows for May dropped from 48.4B to 23.6B. The US debt has now become a real problem and investors are not paying as much importance to data being released.

Today’s market movers

  • In the euro zone, the ZEW Surveys are all expected lower than previous. Not to sure though if this will have any impact as all data is being clouded by the current debt problems.
  • In the US, we are expecting Housing Starts and Building Permits coming out with a slight change.