Fund Performance per day (inception date: 4 Dec 06) : 1.27542%

Yesterday

USD (Neutral) - Mortgage applications came in lower last night but the market is looking for more USD data to factor in the possibility of a rate cut early next quarter. Overall last night, the dollar rose against other major currencies after the government reported that November wholesale inflation increased more than expected and ahead of two key economic reports on Thursday. Last week's jobless claims data showed a surprisingly sharp drop in filed claims following an even larger decline the previous week. The declines supported the view that employers are anticipating an economic rebound next year despite the slowdown this year.
The Federal Reserve has kept rates unchanged at 5.25 percent since August, following a more than two-year string of hikes.

Later

2130h - CAD : GDP / Retail Sales / Retail Sales less Autos

2130h - USD : Initial Jobless Claims / annualised GDP / Leading Indicators

0100h - USD : Philadelphia Fed Survey