• Moody’s cuts Slovenia three levels to Baa2 , maintains its negative outlook.
  • AiG July service index falls 2.3 points to 46.5 , shrank for 6 months in a row now.
  • China July Non-manufacturing PMI 55.6 vs prior 56.7.
  • China official services PMI construction sub-index , 60.4 up 2.3 points in July.
  • China July HSBC service PMI 53.1 vs. 52.3 prior .
  • S&P affirms rating on New Zealand ; outlook stable .

Extremely quiet trading session with consolidation being the key word ahead of the U.S employment numbers . We saw a 20 pip range in most of the currency pairs with the Aussie and Kiwi stretching it out 40 to 50 pips on the wide side .

No strong feelings here so good luck and have a great weekend.