Archive for November 25th, 2009
Nov 25, 2009 in Grow Financially, Investment Protection, Opportunities
Yen remains firm after earlier rally that sent it to new 14 year high against dollar. Other major currencies are dragged down against dollar by sharp selloff in respective yen crosses. News that Dubai World, a government investment company having debts totaling around $60b, has asked creditors for postponing its…
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Nov 25, 2009 in Grow Financially, Investment Protection, Opportunities
Unemployment rate plunged to 0.2% percentage point to 5.3% in September and gave a positive sign to the market that the job market has started to improve. The unemployment is expected to have stayed flat at 5.3% in October. However, it does not imply that the rate has peaked at…
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Nov 25, 2009 in Grow Financially, Investment Protection, Opportunities
The EMEA FX and fixed income markets have come under some pressure today as a result of the Dubai authorities asking investors for a debt standstill in Dubai World – the Dubai government?s flagship company for real estate development. This has increased concerns about a potential Dubai sovereign default, sending…
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Nov 25, 2009 in Grow Financially, Investment Protection, Opportunities
M3 declined more than consensus expected. This was not so surprising though as the decline is due to base effects. Monthly developments in M3 have been pretty much flat since October last year with outstanding amounts staying in the EUR9.380-9.430bn range. In October, M3 fell 0.14% from EUR9.414bn to EUR9.4014bn.
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Nov 25, 2009 in Grow Financially, Investment Protection, Opportunities
Overall, the sell-off from the equity markets had a major influence on the pound and on the aussie, but interestingly, it had only limited effects on the euro and swissy. Driven by risk-aversion, the yen broke below the 86.00 area, to reach the lowest value since 1995. Thanksgiving Day has…
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Nov 25, 2009 in Grow Financially, Investment Protection, Opportunities
Dubai World, one of the key investment companies in Dubai, which is owned by the government, requested to postpone paying its debt to creditors until May of 2010; with liabilities worth $59 billion. The company was negatively affected by the credit crisis, which was believed to be the worst credit…
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Nov 25, 2009 in Grow Financially, Investment Protection, Opportunities
After exactly one month following its loss of upside momentum at the 1.5062 level, EUR was seen decisively breaking through that level on Wednesday as well as the 1.5082 and the 1.5100 levels to close higher at 1.5132. This victory and its medium term resumption is coming on the back…
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Nov 25, 2009 in Grow Financially, Investment Protection, Opportunities
The pair was seen wiping out its Wednesday losses in early trading today suggesting further downside losses towards the 1.6459 level where its Nov 20?09 high is located. Further downside risk comes in at the 1.6249/60 area, its Oct 26?09/Nov 03?09 lows. These two key levels must hold if tested…
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Nov 25, 2009 in Grow Financially, Investment Protection, Opportunities
Cable has fallen sharply today and taken Support of the lower end of the Channel on the daily. If this channel Support which is at 1.6500 today continues to hold, the uptrend is still alive. A break of this Support would bring with it a downward pressure on the pair…
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Nov 25, 2009 in Grow Financially, Opportunities
| Date |
Time* |
Source |
Description |
Forecast |
Previous |
| 11/26/2009 |
00:30 |
AUS |
Private Capital Expenditure |
1.0% |
3.3% |
| 11/26/2009 |
02:00 |
NZ |
NBNZ Business Confidence |
n/a |
48.2 |
| 11/26/2009 |
09:00 |
EU |
Euro-Zone M3 s.a. (YoY) |
0.8% |
1.8% |
| 11/26/2009 |
11:00 |
UK |
U.K. CBI Quarterly Distributive Trades |
n/a |
n/a |
| 11/26/2009 |
21:45 |
NZ |
Trade Balance |
-480M |
-424M |
| 11/26/2009 |
23:30 |
JPN |
Natl CPI YoY |
-2.4% |
-2.2% |
| 11/26/2009 |
23:50 |
JPN |
Retail Trade YoY |
-1.6% |
-1.3% |
| 11/27/2009 |
02:00 |
NZ |
Money Supply M3 YoY |
n/a |
2.7% |
| 11/27/2009 |
07:00 |
GE |
Import Price Index (YoY) |
-7.8% |
-11.0% |
| 11/27/2009 |
10:00 |
EU |
Business Climate Indicator |
-1.65 |
-1.78 |
| 11/27/2009 |
13:30 |
CA |
Current Acount (BOP) |
-$13.3B |
-$11.2B |
| 11/29/2009 |
21:45 |
NZ |
Building Permits MoM |
n/a |
3.3% |
| 11/29/2009 |
23:30 |
AUS |
TD Securities Inflation YoY% |
n/a |
1.2% |
| 11/29/2009 |
23:50 |
JPN |
Industrial Production YoY |
n/a |
-18.4% |
| 11/30/2009 |
00:00 |
AUS |
HIA New Home Sales (MoM) |
n/a |
-4.5% |
| 11/30/2009 |
00:01 |
UK |
GfK Consumer Confidence Survey |
n/a |
-13 |
| 11/30/2009 |
00:30 |
AUS |
Inventories |
n/a |
-3.4% |
| 11/30/2009 |
01:30 |
JPN |
Labor Cash Earnings YoY |
n/a |
-1.8% |
| 11/30/2009 |
04:00 |
JPN |
Vehicle Production (YoY) |
n/a |
-21.6% |
| 11/30/2009 |
05:00 |
JPN |
Housing Starts (YoY) |
n/a |
-37.0% |
| 11/30/2009 |
09:30 |
UK |
M4 Money Supply (YoY) |
n/a |
11.0% |
| 11/30/2009 |
10:00 |
EU |
Euro-Zone CPI Estimate (YoY) |
n/a |
-0.1% |
| 11/30/2009 |
13:30 |
CA |
GDP MoM |
n/a |
-0.1% |
| 11/30/2009 |
14:45 |
US |
Chicago Purchasing Manager |
53.0 |
54.2 |
| 11/30/2009 |
15:30 |
US |
Dallas Fed Manf. Activity |
n/a |
-3.3% |
| 11/30/2009 |
21:15 |
US |
Bloomberg FCI Monthly |
n/a |
n/a |
| 11/30/2009 |
22:30 |
AUS |
AiG Performance of Mfg Index |
n/a |
51.7 |
| 12/1/2009 |
00:30 |
AUS |
Building Approvals (YoY) |
n/a |
11.7% |
| 12/1/2009 |
03:30 |
AUS |
RBA CASH TARGET |
3.75% |
3.50% |
| 12/1/2009 |
05:00 |
JPN |
Vehicle Sales (YoY) |
n/a |
12.6% |
| 12/1/2009 |
05:30 |
AUS |
RBA Commodity Index SDR YoY% |
n/a |
-31.1% |
| 12/1/2009 |
08:55 |
GE |
Unemployment Change (000′s) |
n/a |
n/a |
| 12/1/2009 |
09:00 |
EU |
PMI Manufacturing |
n/a |
n/a |
| 12/1/2009 |
09:30 |
UK |
PMI Manufacturing |
n/a |
53.7 |
| 12/1/2009 |
10:00 |
EU |
Euro-Zone Unemployment Rate |
n/a |
9.7% |
| 12/1/2009 |
15:00 |
US |
ISM Manufacturing |
55.0 |
55.7 |
| 12/1/2009 |
22:00 |
US |
ABC Consumer Confidence |
n/a |
n/a |
| 12/1/2009 |
23:50 |
JPN |
Monetary Base (YoY) |
n/a |
4.4% |
| 12/2/2009 |
09:30 |
UK |
PMI Construction |
n/a |
46.2 |
| 12/2/2009 |
10:00 |
EU |
Euro-Zone PPI (YoY) |
n/a |
-7.7% |
| 12/2/2009 |
12:30 |
US |
Challenger Job Cuts YoY |
n/a |
n/a |
| 12/2/2009 |
13:15 |
US |
ADP Employment Change |
n/a |
-203K |
| 12/2/2009 |
19:00 |
US |
Fed’s Beige Book |
n/a |
n/a |
| 12/2/2009 |
22:30 |
AUS |
AiG Performance of Service |
n/a |
54.8 |
| 12/2/2009 |
23:50 |
JPN |
Capital Spending |
n/a |
-21.7% |
| 12/3/2009 |
01:30 |
AUS |
Retail Sales s.a. (MoM) |
n/a |
-0.2% |
| 12/3/2009 |
02:00 |
NZ |
ANZ Commodity Price |
n/a |
4.6% |
| 12/3/2009 |
08:55 |
GE |
PMI Services |
n/a |
n/a |
| 12/3/2009 |
09:00 |
EU |
PMI Services |
n/a |
n/a |
| 12/3/2009 |
09:30 |
UK |
PMI Services |
n/a |
56.9 |
| 12/3/2009 |
10:00 |
EU |
Euro-Zone Retail Sales (YoY) |
n/a |
-3.6% |
| 12/3/2009 |
12:45 |
EU |
ECB Announces Interest Rates |
n/a |
1.00% |
| 12/3/2009 |
13:30 |
US |
Nonfarm Productivity |
8.7% |
9.5% |
| 12/3/2009 |
13:30 |
US |
Initial Jobless Claims |
n/a |
n/a |
| 12/3/2009 |
13:30 |
US |
Continuing Claims |
n/a |
n/a |
| 12/3/2009 |
15:00 |
US |
ISM Non-Manf. Composite |
51.5 |
50.6 |
| 12/3/2009 |
16:00 |
US |
ICSC Chain Store Sales YoY |
n/a |
2.1% |
| 12/4/2009 |
12:00 |
CA |
Net Change in Employment |
n/a |
-43.2K |
| 12/4/2009 |
13:30 |
US |
Change in Nonfarm Payrolls |
-125K |
-190K |
| 12/4/2009 |
15:00 |
CA |
Ivey Purchasing Managers Inde |
n/a |
61.2 |
| 12/4/2009 |
15:00 |
US |
Factory Orders |
0.5% |
0.9% |
* Times listed are GMT
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