Stock Market received some good news today from Europe and China. Germany announced it's Courts can't block it from Europe's Aid Plan. As a result, the Euro gained a little traction this morning. China is reporting better than expected Export numbers for the month of May. As you may have heard, China is forcing itself to slow down. As money is leaving the Bond Market and going into the Stock Market, Mortgage Rates have worsened a little bit this morning. Overall, the Mortgage Interest Rates have maintained it level for most of this week. It will be interesting what Retail Sales and Consumer Sentiment is reported tomorrow. Check out the video and you'll see the numbers for the Initial Jobless Claims for the week and the Trade Balance.
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