News in 60 Seconds

Biggest % gainers: AUD/JPY up 1%, NZD/JPY, AUD/CAD, AUD/USD, NZD/USD on AUD & NZD strength.

Biggest % losers: GBP/AUD down 0.60%, EUR/AUD, EUR/NZD on AUD and NZD strength.

The U.S.S. Washington is headed to South Korea to join the S. Korean forces in a show of strength against the North Koreans. Watch how this unfolds because China (formerly) has always pledged to protect North Korea and of course, Obama has already pledged support for South Korea. The U.S.S. Washington should be there as soon as next week and will be doing some military exercises with the South Koreans.

Gold $1,217
Oil $73.30 http://www.dailyfx.com/forex/fundame..._Ahead_of.html

Stocks are up.

Australia posts 1st trade surplus in 2 years as exports surge: http://www.dailyfx.com/forex/fundame...th_Stocks.html

GBP Nationwide Home Price Index (HPI) m/m inline at 0.5%. 1.1% was the reading for last time.

GBP Services PMI slightly worse at 55.4 vs. 55.6 expected. 55.3 was the reading last time.

USD ADP Non-Farm Employment Change worse at 55k vs. 68k expected BUT last time was revised upward to 65k vs. 32k formerly.

USD Unemployment Claims basically inline at 453k vs. 451k expected and 463k last time.

USD ISM Non-Manufacturing (Services) PMI comes out at 10am EST. Expectation is for 55.7.

Bernanke speaks at 11:15am EST today.

FOMC's Rosengren speaks at 12:15pm EST.

FOMC's Hoenig speaks at 1:15pm EST today.

Sean Hyman
DailyFX Forum Moderator