Monday, August 20, 2012

Economic Journal - Monday, 8/20/2012

(As of 7:09 am pacific)

No economic reports of significance today.  Europe is quiet but there’s a sense that negative momentum is settling in.  The markets are quiet; slightly to the negative, but close to unchanged.  Oil and gold are both down a small amount.  The US dollar is mostly up.  It should be a quiet week, with few economic reports and a large number of traders on vacation.