Archive for October 20th, 2009
Oct 20, 2009 in Grow Financially, Investment Protection, Opportunities
There is no indication monetary policy is changing anytime soon i.e. no one expects a hike in interest rates or change to quantitative easing from the Bank of England. Yet the pound surged on Mr. King’s speech. We know Mr. King knows these numbers, thus his urgency. Maybe Mr….
No Comments »
Oct 20, 2009 in Grow Financially, Investment Protection, Opportunities
The USD is trading mixed to firm as equity markets slide, crude prices fall below $79 a barrel and the BOJ’s Nishimura warns that Japan’s economy still faces significant risks, GBP and NDZ rise as the governor of New Zealand’s central bank said that strong NDZ will not be an…
No Comments »
Oct 20, 2009 in Grow Financially, Investment Protection, Opportunities
The Bank of England released its minutes showing that the vote was unanimous for leaving interest rates unchanged at 0.50% while the nine members of the MPC want to continue the APF program of purchasing gilts worth 175 billion pounds which lasts until next month. The program is aimed at…
No Comments »
Oct 20, 2009 in Grow Financially, Opportunities
| Date |
Time* |
Source |
Description |
Forecast |
Previous |
| 10/21/2009 |
00:00 |
AUS |
Westpac Leading Index (MoM) |
n/a |
1.1% |
| 10/21/2009 |
00:30 |
AUS |
New Motor Vehicle Sales YoY |
n/a |
-6.2% |
| 10/21/2009 |
02:00 |
NZ |
Credit Card Spending (YoY) |
n/a |
0.1% |
| 10/21/2009 |
08:30 |
UK |
Bank of England Minutes |
n/a |
n/a |
| 10/21/2009 |
10:00 |
UK |
U.K. CBI Quarterly Industrial Trends Total Orders |
n/a |
n/a |
| 10/21/2009 |
18:00 |
US |
Fed’s Beige Book |
n/a |
n/a |
| 10/21/2009 |
23:50 |
JPN |
Merchnds Trade Imports YoY |
-38.0 |
-41.3 |
| 10/22/2009 |
00:30 |
AUS |
CBAHIA House Affordability |
n/a |
152.5 |
| 10/22/2009 |
04:30 |
JPN |
All Industry Activity Index MoM |
0.4% |
0.5% |
| 10/22/2009 |
05:00 |
JPN |
Supermarket Sales (YoY) |
n/a |
-3.4% |
| 10/22/2009 |
08:00 |
EU |
ECB Euro-Zone Current Account |
n/a |
6.6B |
| 10/22/2009 |
08:30 |
UK |
Retail Sales (YoY) |
2.8% |
2.1% |
| 10/22/2009 |
09:00 |
EU |
Euro-Zone Govt Debt/GDP Ratio |
n/a |
69.3% |
| 10/22/2009 |
12:30 |
CA |
Retail Sales MoM |
0.4% |
-0.6% |
| 10/22/2009 |
12:30 |
US |
Initial Jobless Claims |
517K |
514K |
| 10/22/2009 |
12:30 |
US |
Continuing Claims |
5990K |
5992K |
| 10/22/2009 |
13:00 |
US |
RPX Composite 28dy YoY |
n/a |
-12.46% |
| 10/22/2009 |
14:00 |
US |
Leading Indicators |
0.7% |
0.6% |
| 10/22/2009 |
14:30 |
CA |
Bank of Canada Monetary Policy Report |
n/a |
n/a |
| 10/23/2009 |
00:30 |
AUS |
Import Price Index (QoQ) |
-2.8% |
-6.4% |
| 10/23/2009 |
07:30 |
GE |
PMI Manufacturing |
50.1 |
49.6 |
| 10/23/2009 |
08:00 |
GE |
IFO Surveys |
n/a |
n/a |
| 10/23/2009 |
08:30 |
UK |
GDP (YoY) |
-4.6% |
-5.5% |
| 10/23/2009 |
09:00 |
EU |
Industrial New Orders SA (YoY) |
-22.5% |
-24.3% |
| 10/23/2009 |
14:00 |
US |
Existing Home Sales |
5.40M |
5.10M |
| 10/26/2009 |
00:01 |
UK |
Hometrack Housing Survey (YoY) |
n/a |
-5.6% |
| 10/26/2009 |
00:30 |
AUS |
PPI (YoY) |
n/a |
2.1% |
| 10/26/2009 |
07:00 |
GE |
GfK Consumer Confidence Survey |
n/a |
4.3 |
| 10/26/2009 |
12:30 |
US |
Chicago Fed Nat Activity Index |
n/a |
-0.90 |
| 10/26/2009 |
14:30 |
US |
Dallas Fed Manf. Activity |
n/a |
-6.4% |
| 10/27/2009 |
09:00 |
EU |
Euro-Zone M3 s.a. (YoY) |
n/a |
2.5% |
| 10/27/2009 |
11:00 |
UK |
U.K. CBI October Distributive Trades |
n/a |
n/a |
| 10/27/2009 |
13:00 |
US |
S&P/CS Composite-20 YoY |
-11.30% |
-13.30% |
| 10/27/2009 |
14:00 |
US |
Consumer Confidence |
54.4 |
53.1 |
| 10/27/2009 |
21:00 |
US |
ABC Consumer Confidence |
n/a |
n/a |
| 10/27/2009 |
23:50 |
JPN |
Retail Trade YoY |
n/a |
-1.8% |
| 10/28/2009 |
00:30 |
AUS |
Consumer Prices (YoY) |
n/a |
n/a |
| 10/28/2009 |
01:00 |
AUS |
DEWR Skilled Vacancies MoM |
n/a |
1.2% |
| 10/28/2009 |
02:00 |
NZ |
NBNZ Business Confidence |
n/a |
49.1 |
| 10/28/2009 |
12:30 |
US |
Durable Goods Orders |
0.5% |
-2.4% |
| 10/28/2009 |
14:00 |
US |
New Home Sales |
440K |
429K |
| 10/28/2009 |
20:00 |
NZ |
RBNZ Official Cash Rate |
2.50% |
2.50% |
| 10/28/2009 |
21:45 |
NZ |
Trade Balance |
n/a |
-725M |
| 10/28/2009 |
23:50 |
JPN |
Industrial Production YoY% |
n/a |
-19.0% |
| 10/29/2009 |
00:00 |
AUS |
Conference Board Leading Index |
n/a |
0.7% |
| 10/29/2009 |
01:00 |
AUS |
HIA New Home Sales (MoM) |
n/a |
11.4% |
| 10/29/2009 |
02:00 |
NZ |
Money Supply M3 YoY |
n/a |
3.5% |
| 10/29/2009 |
04:00 |
JPN |
Vehicle Production (YoY) |
n/a |
-25.9% |
| 10/29/2009 |
08:55 |
GE |
Unemployment Change (000′s) |
n/a |
-12K |
| 10/29/2009 |
09:30 |
UK |
M4 Money Supply (YoY) |
n/a |
n/a |
| 10/29/2009 |
10:00 |
EU |
Business Climate Indicator |
n/a |
-2.07 |
| 10/29/2009 |
12:30 |
CA |
Industrial Product Price MoM |
n/a |
0.5% |
| 10/29/2009 |
12:30 |
US |
Initial Jobless Claims |
n/a |
n/a |
| 10/29/2009 |
12:30 |
US |
Continuing Claims |
n/a |
n/a |
| 10/29/2009 |
21:45 |
NZ |
Building Permits MoM |
n/a |
1.7% |
| 10/29/2009 |
23:50 |
JPN |
Natl CPI YoY |
n/a |
-2.2% |
| 10/30/2009 |
00:00 |
JPN |
BoJ Target Rate |
n/a |
0.10% |
| 10/30/2009 |
00:01 |
UK |
GfK Consumer Confidence Survey |
n/a |
-16 |
| 10/30/2009 |
00:30 |
AUS |
Private Sector Credit YoY% |
n/a |
2.5% |
| 10/30/2009 |
05:00 |
JPN |
Housing Starts (YoY) |
n/a |
-38.3% |
| 10/30/2009 |
10:00 |
EU |
Euro-Zone Unemployment Rate |
n/a |
9.6% |
| 10/30/2009 |
12:30 |
CA |
GDP MoM |
n/a |
0.0% |
| 10/30/2009 |
12:30 |
US |
PCE Core (YoY) |
1.3% |
1.3% |
| 10/30/2009 |
13:45 |
US |
Chicago Purchasing Manager |
48.3 |
46.1 |
| 10/30/2009 |
14:00 |
US |
U. of Michigan Confidence |
72.2 |
69.4 |
| 10/30/2009 |
20:15 |
US |
Bloomberg FCI Monthly |
n/a |
n/a |
* Times listed are GMT
No Comments »
Oct 20, 2009 in Grow Financially, Investment Protection, Opportunities
Cable rose during the day as the Resistance at 1.6450 sighted earlier broke. This makes the pair bullish for a further rise over the next few days towards 1.6825. There’s slight Resistance at 1.6638 which may be tested during the day. Possibly, there ought not be any looking back and…
No Comments »
Oct 20, 2009 in Grow Financially, Investment Protection, Opportunities
Overall, the major pairs traded in a range-bound market during the overnight session, with only some weak attempts to move out of recent ranges. The only pair that managed to post considerable gains was the pound, which surged as much as 200 pips following the BoE minutes. Ahead, the calendar…
No Comments »
Oct 20, 2009 in Grow Financially, Investment Protection, Opportunities
European markets opened the day barely above the break-even line, but started heading lower in quick fashion, with financial shares acting as a major drag on most indexes. The declines in Europe were led by Austria?s ATX, which is down 1.50%, closely followed by the Nordic equity markets, which fell…
No Comments »
Oct 20, 2009 in Grow Financially, Investment Protection, Opportunities
The separation in the major currency pairs, with some going long against the dollar, others going short, and some going sideways, confirms the fact that we are seeing a major global market trend test. Equity and commodity markets have had a long bias, for a long time, and now that…
No Comments »
Oct 20, 2009 in Grow Financially, Investment Protection, Opportunities
The Swiss currency has again been able to resist significant losses even when risk appetite is stronger and underlying capital flows still appear generally positive. The National Bank will remain an important focus in the short term, especially with the Euro close to the key 1.51 region, and there remains…
No Comments »
Oct 20, 2009 in Grow Financially, Investment Protection, Opportunities
The pound rallied to 1-month high against USD before the minutes as an article written by BOE Governor Mervyn King stated that the policy rate will increase ‘at some point’ and ‘it would be wise to take this into account’. This signaled King’s change of view on the economic condition…
No Comments »