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The U.S. government will offer a record amount of Treasury debt this week in seven auctions totaling more than $200 billion.

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Stocks erased losses, managing slim gains Tuesday, as investors welcomed better-than-expected results from Goldman Sachs but showed caution ahead of a slew of other reports due later this week.

These are options on futures, stock options, single stock futures, it’s called a triple or quadruple witching hour. This is a normal course of events which happens forever

British Pound May Remain Under Pressure Ahead of BoE Rate Decision Fundamental Outlook for British Pound: Bearish -?U.K. 1Q GDP Contracted By 2.4% as the final reading was revised lower from the preliminary -1.9% -?The June U.K. manufacturing PMI reading rose to 47.0 from 45.4, which was the highest since May 2008 -?UK PMI Services fell in June to 51.5 from 51.7, diming recovery hopes The British Pound was derailed mid-week by a larger than expected contraction in 1Q GDP of 2.4% which saw the GBP/USD fall over 400 pips from its high of 1.6746.

US mortgage applications posted its worst loss since early February with a fall of 18.9% in the week ended June 26, according to the Mortgage Bankers Association….

The choppy directionless trade continues into Wednesday, with the USD selling off into the US open, mostly driven by an on the whole better than expected…

U.K. manufacturing PMI rose more strongly than expected in June, to 47.0 against our survey median for an improvement to 46.7 from 45.4 in May.

The Euro found support from higher German retail sales and Euro-Zone PMI to a high of 1.4088 but has started to consolidate leaving downside risks.