The Traderszone Network

Retail trade data for June due out of Japan at 2350GMT
– For the m/m, expected is -0.9%, prior was +1.7
– For the y/y, expected is +1.1%, prior was +3.0%
Much later (at 0500GMT) is July Small Business Confidence

Today’s financial recap and tomorrow’s financial outlook.

Bond investors aren’t too worried about the Federal Reserve’s meeting but are bracing for the gross domestic product growth numbers due on Thursday.
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U.S. consumer confidence took its biggest tumble in four years in July on a less upbeat jobs outlook, while home appreciation in major cities stalled in May, suggesting a spring pause in housing demand.

Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee. For American consumers who have become used to flat or even falling prices for several years, …

Demand for gold slid to its lowest in six years in the second quarter of this year as buyers from top consumer China poured funds into its now troubled equities market, an industry report showed on Tuesday.

Preview of the FOMC statement July 28, 2015
– No one is expecting a move on Wednesday
– The statement is released at 2 pm ET (1800 GMT)
– There are no forecasts and no press conference
Here is the previous statement with six potential changes bolded (and a guide to possible changes in brackets).