Red has been the theme color today for all data thus far. The German ZEW Economic Sentiment reading missed badly. The Empire State Manufacturing Index came in far below its estimated reading a couple of hours ago and that was followed by a large miss from the TIC Long-Term Purchases data in the States.

The EUR has continued a strong run higher in the FX market and Gold has also battled to better values and as of this writing is near 1322.00 USD.

While governments continue to point towards better economic days ahead plenty of data continues to be troubling for Asia, Europe, and the Americas.