Tuesday 12th August 2008

Tuesday, August 12th, 2008 (4:30 a.m. New York Time) UK
At 4:30 a.m. we will have UK CPI m/m coming out. Please remember that this indicator spikes up or down and then reverses very fast. Please watch the video for very detailed explanation of this indicator. If it comes out at 0% or positive, GBP/USD should spike up by 50 pips. If it comes out at -0.4% or more negative, we should see a 50 pips spike down on GBP/USD and you might think about buying around those levels.

2. Tuesday, August 12th, 2008 (8:30 a.m. New York Time) USA
At 8:30 a.m. we will have U.S. Trade Balance. Skip it.

3. Tuesday, August 12th, 2008 (6:45 p.m. New York Time) NEW ZEALAND
At 6:45 p.m. we will have PPI out of New Zealand. Skip it.

That's all for Tuesday.