Forex Market Update Wednesday, Jul 01, 2009, 06:04 GMT By Saxo Bank Strategy Team Sales Trading Saxo Bank

MAJOR HEADLINES – PREVIOUS SESSION

Headlines – previous session
US Apr. S&P/Case-Shiller Home Price Index out at -18.12% y/y vs. -18.63% expected
US Jun Chicago PMI out at 39.9 vs. 39.0 expected and 34.9 prior
US Jun Consumer Confidence out at 49.3 vs. 55.3 expected and 54.9 prior
AU AIG Jun Performance of Manufacturing out at 38.4 vs. 37.5 prior
JP Q2 Tankan Lge manufacturers Index out at -48 vs. -43 expected and -58 prior
JP Q2 Tankan Lge Manufacturers Outlook out at -30 vs. -34 expected and -51 prior
JP Q2 Tankan Non-manufacturing out at -29 vs. -27 expected and -31 prior
JP Q2 Tankan Non-manufacturing Outlook out at -21 vs. -23 expected and -30 prior
AU May Retail Sales out at +1.0% m/m vs. +0.5% expected and +0.3% prior
AU May Building Approvals out at -12.5% m/m vs. +3.3% expected and +5.1% prior
China Jun Manufacturing PMI out at 53.2 vs. 53.1 prior
China Jun CLSA Manufacturing PMI out at 51.8 vs. 51.2 prior