PROVEN RESULTS

What is it? It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment. A Survey of about 1,500 businesses which asks respondents to rate the relative 12-month economic outlook.

When? At 09:00am Eastern time.

Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

U.S. stocks were mixed at the open on Friday ahead of a EuroGroup meeting about extending Greece's bailout program.

The Dow Jones industrial average (DJI) rose 58.02 points, or 0.32 percent, to 17,948.38, the S&P 500 (SPX) gained 1.9 points, or 0.09 percent, to 2,104.21 and the Nasdaq Composite (IXIC) dropped 4.17 points, or 0.08 percent, to 5,108.02.

The dollar held steadt against a basket of other major currencies on Friday, as investors eyed the release of U.S. consumer sentiment data later in the day and continued to focus on Greek debt talks.

The dollar found support after data on Thursday showed that U.S. personal spending rose by 0.9% in May, above expectations for a gain of 0.7%.

Crude oil futures fell to one-week lows on Friday, as the U.S. dollar remained supported by the previous session's upbeat U.S. data and amid growing concerns over the outcome of Greek debt negotiations.

The U.S. dollar rose against its Canadian counterpart on Friday, as Thursday's upbeat U.S. data continued to support the greenback and investors continued to focus on Greek debt talks.

USD/CAD hit 1.2397 during early U.S. trade, the session high; the pair subsequently consolidated at 1.2380, gaining 0.46%.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook: