During the Friday session, we will get GDP numbers coming out above Germany and the European Union, and as a result we could get a bit of volatility in Europe itself. We also get Core Retail Sales coming out of the United States with core PPI, and University of Michigan Consumer Cinnamon numbers. With this, we look at the following 3 assets:

DAX rallies again

The German market rose during the course of the session on Thursday after initially trying to fall, and it looks as if the market is trying to form some type of base in the region of €10,000 at this point. Call buyers continue to and are this market, every time we pullback as it looks like the market is interpreting pullbacks as value.

USD/CAD continues to roll over

The USD/CAD pair fell during the course of the session on Thursday, as we continue to fall from the resistance at the 1.30 handle. That being the case, the market looks as if it is ready to drop even further, and you would have to believe that put buyers are very encouraged at this point in time.

Silver pulls back

Silver markets fell slightly during the course of the session on Thursday, but as you can see the market still is very much in an uptrend. With that being the case, it more than likely that call buyers will be interested in taking advantage of any value
below. The $17 level looks to be rather supportive.