Archive for October 21st, 2009

 

Swiss Trade Balance

Oct 21, 2009 in Grow Financially, Opportunities

Swiss Trade Balance came in at 1.92B, stronger than the 1.59B expected and the 1.72B prior reading.

Positive number for CHF , but not much markert reaction. Usd/Chf  is still trading near session highs at 1.0080 and Eur/Chf at 1.5105. This limited market reaction could be due to market rumors of possible intervention from the Swiss National Bank. They have been notorious sellers of there own currency. These are rumors only.

Usd/Jpy above Oct. 16 high

Oct 21, 2009 in Grow Financially, Opportunities

Usd/Jpy has broke above Oct 16th high of 91.31. Next level of resistance should come in at 91.63 which was high from Sept. 23rd. If the pair retraces support should come in at 91.07 which was an earlier breakout point. The fprmer scenario seems more likely.vincent_fx00016

Usd/Jpy above Oct. 16 high

Oct 21, 2009 in Grow Financially, Opportunities

Usd/Jpy has broke above Oct 16th high of 91.31. Next level of resistance should come in at 91.63 which was high from Sept. 23rd. If the pair retraces support should come in at 91.07 which was an earlier breakout point. The fprmer scenario seems more likely.vincent_fx00016

FX Thoughts for the Day

Oct 21, 2009 in Grow Financially, Investment Protection, Opportunities

Aussie has bounced back after falling towards 0.9184 and has taken Support at the Projected Max Low for the day. It has in the process broken below the Support of 21-MA on the 8H that we have been mentioning. It has also broken below the 8-DMA at 0.9209. Further correction…

FX Thoughts for the Day

Oct 21, 2009 in Grow Financially, Investment Protection, Opportunities

Aussie has bounced back after falling towards 0.9184 and has taken Support at the Projected Max Low for the day. It has in the process broken below the Support of 21-MA on the 8H that we have been mentioning. It has also broken below the 8-DMA at 0.9209. Further correction…

USD Higher, Disappointing Earnings Pressure Stocks

Oct 21, 2009 in Grow Financially, Investment Protection, Opportunities

The USD is trading higher supported by a drop in risk appetite as equity markets slide and by a report that China may begin to withdraw stimulus, Japanese exports fall more than expected in September, UK retail sales flat, BOE’s Tucker says quantitative ease may be expanded if needed, China’s…

USD Higher, Disappointing Earnings Pressure Stocks

Oct 21, 2009 in Grow Financially, Investment Protection, Opportunities

The USD is trading higher supported by a drop in risk appetite as equity markets slide and by a report that China may begin to withdraw stimulus, Japanese exports fall more than expected in September, UK retail sales flat, BOE’s Tucker says quantitative ease may be expanded if needed, China’s…

UK Q3 GDP Preview and Sterling Outlook

Oct 21, 2009 in Grow Financially, Investment Protection, Opportunities

Recent economic data indicate that recession is ending with business surveys, retail sales and housing market showing signs of improvements. It’s likely that the economy expanded slightly in the third quarter. However, the growth should only be modest as gains in the services sector should have been offset by disappointing…

UK Q3 GDP Preview and Sterling Outlook

Oct 21, 2009 in Grow Financially, Investment Protection, Opportunities

Recent economic data indicate that recession is ending with business surveys, retail sales and housing market showing signs of improvements. It’s likely that the economy expanded slightly in the third quarter. However, the growth should only be modest as gains in the services sector should have been offset by disappointing…

Forex Economic Calendar

Oct 21, 2009 in Grow Financially, Opportunities

Date Time* Source Description Forecast Previous
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