Archive for July 4th, 2012

New Overnight Developments Abroad - Daily Update

Mixed European Data… U.S. Market Closed

July 4, 2012

There will be no U.S. market trading today because of the Independence Day holiday. Retail sales in the euro area rose 0.6% in May following April’s 1.4% decline.  Sales volume in April-May together was 1.0% below the first-quarter average.  Sales in May, although stronger than assumed, were down 1.7% from a year earlier. Euroland’s composite […] More