Guide to today’s important data and events

Today data and event risks are low across board. Focus is on housing conditions in US.

Data released so far -

• New Zealand - Westpac consumer survey came at 117.4 better than previous 114.8.

Upcoming -

• Greece - Current account balance to be released at 10:00 GMT. Vital to see if weaker Euro is having an effect on the number. Positive data would be price supportive of Greek stocks.
  
  
• Germany - Bundesbank will release monthly report at 11:00 GMT.
  
  
• UK - CBI industrial trend survey would be published at 11:00 GMT.
  
  
• US - Lot many data to be released today. However market impact over these would be less volatile. Chicago Fed national activity index to be released at 12:30 GMT. Existing home sales statistics at 14:00 GMT. FED's William will speak at 14:00 GMT. Dollar reaction need to be watched closely over these data after last week's dovish data dependent FOMC.
  
  
• Euro zone - Consumer confidence to be released at 15:00 GMT.
  
  
• Australia - CB leading indicator will be released at 23:00 GMT.
  
  
• Auctions - 3 month and 6 month bills to be auctioned by US around 15:30 GMT.