Archive for December 9th, 2009

 

USD/CAD Mid-Day Outlook

Dec 09, 2009 in Grow Financially, Investment Protection, Opportunities

USD/CAD’s break of 1.0481 minor support suggests that choppy recovery from 1.0405 has completed. Also, it shift favors to the case that correction from 1.0851 is still in progress. Intraday bias is mildly on the downside for 1.0405 low for the moment. Break will target 100% projection of 1.0851 to…

Mid-Day Report: Commodity Currencies Firm, Consolidations Elsewhere

Dec 09, 2009 in Grow Financially, Investment Protection, Opportunities

Central bank announcements dominated the markets today. While RBNZ boosted up Kiwi by an optimistic tone in its statement, BoE and SNB delivered no surprise and thus kept both currencies in tight range against other majors. Dollar and yen are consolidating against European majors, following consolidations in commodities and equities….

USD Mixed, AUD Rallies on Strong Employment Data

Dec 09, 2009 in Grow Financially, Investment Protection, Opportunities

The USD and JPY are trading mixed to lower as equity markets rally and demand emerges for high-yield currencies, AUD and NZD are trading higher supported by report of strong Australian jobs data and hawkish statements from the RBNZ, BOE left interest rate policy unchanged and will maintain current level…

Double Boost for Australia from Ongoing Chinese Stimulus

Dec 09, 2009 in Grow Financially, Investment Protection, Opportunities

The big overnight news from Asia comes in the form of a surprisingly strong Australian jobs report, which has helped bump the local dollar up sharply against currencies of lower yielding nations. Elsewhere China’s State Council also fleshed out measures to boost consumption in order to maintain its health above-8%…

The U.S Trade Deficit has Probably Widened along with an Incline of Government Spending

Dec 09, 2009 in Grow Financially, Investment Protection, Opportunities

So far, overall economic conditions of the world’s largest economy and superpower continue on being fragile and distressed by the ongoing downside pressures of the economical predicament, while that its most recent trade balance deficit may had widened along with a worsened balance between the government income and its current…

BoE Keeps Both Interest and APF Program Unchanged in December

Dec 09, 2009 in Grow Financially, Investment Protection, Opportunities

The BoE kept the interest rate unchanged at 0.5% and the Asset Purchase Facility program at 200 billion pounds in December as expected after the vivid signs of recovery emerging recently. MPC members are holding the benchmark for the ninth month in a row, while they increased the APF program…

FX Thoughts for the Day

Dec 09, 2009 in Grow Financially, Investment Protection, Opportunities

Cable has risen once again. Till it trades above 1.6220, there could be chances of a structured rise towards 1.6450 over today and tomorrow on a break above immediate Resistance at 1.6326. This also when clubbed with the view emerging from the weekly candle chart suggests that there might be…

Central Banks Dominate The Dollar

Dec 09, 2009 in Grow Financially, Investment Protection, Opportunities

The dollar index strengthened throughout the late Asian trading hours, but the European open has helped the major pairs return to Thursday?s opening prices. The only exception was the aussie, which was pulled higher by excellent labor market data, released during Asian session. Throughout the European trading hours, the market…

Forex Economic Calendar

Dec 09, 2009 in Grow Financially, Opportunities

Date Time* Source Description Forecast Previous
12/10/2009 00:00 AUS Consumer Inflation Expectation n/a 3.2%
12/10/2009 00:30 AUS Employment Change 5.0K 24.5K
12/10/2009 01:45 AUS Australian Central Bank Assistant Governor Speaks in Sydney n/a n/a
12/10/2009 07:00 GE Wholesale Price Index (YoY) n/a -7.0%
12/10/2009 09:00 EU ECB Publishes Dec. Monthly Report (Text) n/a n/a
12/10/2009 12:00 UK BOE ANNOUNCES RATES 0.5% 0.5%
12/10/2009 13:30 CA Int’l Mechandise Trade -0.7B -0.9B
12/10/2009 13:30 US Trade Balance -$36.7B -$36.5B
12/10/2009 13:30 US Initial Jobless Claims 460K 457k
12/10/2009 13:30 US Continuing Claims 5431k 5465k
12/10/2009 19:00 US Monthly Budget Statement -$135B -$176.4B
12/10/2009 21:45 NZ Food Prices (MoM) n/a -1.5%
12/11/2009 05:00 JPN Consumer Confidence n/a 40.8
12/11/2009 09:30 JPN PPI Output Core NSA (YoY 2.1% 2.0%
12/11/2009 09:30 UK PPI Input NSA (YoY) 0.3% 0.1%
12/11/2009 13:30 CA New Housing Price Index MoM 0.4% 0.5%
12/11/2009 13:30 US Import Price Index MoM 1.2% 0.7%
12/11/2009 13:30 US Import Price Index YoY n/a -5.7%
12/11/2009 13:30 US Advance Retail Sales 0.4% 1.4%
12/11/2009 15:00 US U. Of Michigan Confidence 68.9 67.4
12/13/2009 21:30 NZ New Zealand’s Performance of Services Index n/a 0.2%
12/13/2009 21:45 NZ Retail Sales (MoM) n/a 0.2%
12/13/2009 23:50 JPN Tankan Lge Manufacturers Index n/a -33
12/14/2009 00:01 UK Rightmove House Prices (YoY) n/a 1.6%
12/14/2009 02:00 NZ Non Resident Bond Holdings n/a 71.2%
12/14/2009 04:00 JPN Tokyo Condominium Sales (YoY) n/a -20.0%
12/14/2009 04:30 JPN Industrial Production YoY% n/a -15.1%
12/14/2009 10:00 EU Eurozone Employment (YoY) n/a -1.8%
12/15/2009 00:30 AUS Reserve Bank’s Board December Minutes n/a n/a
12/15/2009 10:00 GE Zew Surveys n/a n/a
12/15/2009 13:30 CA Leading Indicators MoM n/a 0.7%
12/15/2009 13:30 US PPI (YoY) 1.5% -1.9%
12/15/2009 14:00 US Total Net TIC Flows n/a $133.5B
12/15/2009 14:15 US Industrial Production 0.4% 0.1%
12/15/2009 18:00 US NAHB Housing Market Index 18 17
12/15/2009 22:00 US ABC Consumer Confidence n/a n/a
12/15/2009 23:30 AUS Westpac Leading Index (MoM) n/a 0.4%
12/15/2009 23:50 JPN Tertiary Industry Index (MoM) n/a -0.5%
12/16/2009 00:00 AUS DEWR Skilled Vacancies MoM n/a 2.4%
12/16/2009 00:30 AUS GDP (YoY) n/a 0.6%
12/16/2009 01:15 AUS RBA Deputy Bank Governor Battellino speaks in Sydney n/a n/a
12/16/2009 06:00 JPN Machine Tool Orders (YoY) n/a n/a
12/16/2009 09:30 UK ILO Unemployment Rate (3mths) n/a 7.8%
12/16/2009 10:00 EU Euro-Zone CPI-Core (YoY) n/a 1.2%
12/16/2009 12:00 US Bloomberg Global Confidence n/a 60.30
12/16/2009 13:30 CA Manufacturing Sales MoM n/a 1.4%
12/16/2009 13:30 US Current Account Balance -$105.0B -$98.8B
12/16/2009 13:30 US CPI (YoY) 1.8% -0.2%
12/16/2009 19:15 US FOMC Rate Decision 0.25% 0.25%
12/17/2009 00:00 AUS HIA New Home Sales (MoM) n/a -6.0%
12/17/2009 00:00 JPN BOJ Target Rate n/a 0.10%
12/17/2009 00:30 AUS RBA Foreign Exchange Transactn n/a 307M
12/17/2009 02:00 NZ NBNZ Business Confidence n/a 43.4
12/17/2009 04:00 JPN BoJ Monetary Policy Meeting n/a n/a
12/17/2009 05:00 JPN Leading Index CI n/a n/a
12/17/2009 09:30 UK Retail Sales (YoY) n/a 3.4%
12/17/2009 10:00 EU Construction Output WDA YoY n/a -8.0%
12/17/2009 11:00 UK U.K. CBI December Distributive Trades n/a n/a
12/17/2009 12:00 CA CPI YoY n/a 0.1%
12/17/2009 13:30 CA Int’l Securities Transactions n/a 13.590B
12/17/2009 13:30 US Intitial Jobless Claims n/a n/a
12/17/2009 13:30 US Continuing Claims n/a n/a
12/17/2009 15:00 US Leading Indicators 0.7% 0.3%
12/17/2009 15:00 US Philadelphia Fed. 15.8 16.7
12/18/2009 07:00 GE Producer Prices (YoY) n/a -7.6%
12/18/2009 09:00 GE IFO Surveys n/a 98.9
12/18/2009 09:00 EU ECB Euro-Zone Current Account SA n/a -5.4B
12/18/2009 09:30 UK M4 Money Supply (YoY) n/a 10.8%
12/18/2009 10:00 EU Euro-Zone Trade Balance n/a 3.7B
12/18/2009 13:30 CA Wholesale Sales MoM n/a 0.2%

* Times listed are GMT

Forex Economic Calendar

Dec 09, 2009 in Grow Financially, Opportunities

Date Time* Source Description Forecast Previous
12/10/2009 00:00 AUS Consumer Inflation Expectation n/a 3.2%
12/10/2009 00:30 AUS Employment Change 5.0K 24.5K
12/10/2009 01:45 AUS Australian Central Bank Assistant Governor Speaks in Sydney n/a n/a
12/10/2009 07:00 GE Wholesale Price Index (YoY) n/a -7.0%
12/10/2009 09:00 EU ECB Publishes Dec. Monthly Report (Text) n/a n/a
12/10/2009 12:00 UK BOE ANNOUNCES RATES 0.5% 0.5%
12/10/2009 13:30 CA Int’l Mechandise Trade -0.7B -0.9B
12/10/2009 13:30 US Trade Balance -$36.7B -$36.5B
12/10/2009 13:30 US Initial Jobless Claims 460K 457k
12/10/2009 13:30 US Continuing Claims 5431k 5465k
12/10/2009 19:00 US Monthly Budget Statement -$135B -$176.4B
12/10/2009 21:45 NZ Food Prices (MoM) n/a -1.5%
12/11/2009 05:00 JPN Consumer Confidence n/a 40.8
12/11/2009 09:30 JPN PPI Output Core NSA (YoY 2.1% 2.0%
12/11/2009 09:30 UK PPI Input NSA (YoY) 0.3% 0.1%
12/11/2009 13:30 CA New Housing Price Index MoM 0.4% 0.5%
12/11/2009 13:30 US Import Price Index MoM 1.2% 0.7%
12/11/2009 13:30 US Import Price Index YoY n/a -5.7%
12/11/2009 13:30 US Advance Retail Sales 0.4% 1.4%
12/11/2009 15:00 US U. Of Michigan Confidence 68.9 67.4
12/13/2009 21:30 NZ New Zealand’s Performance of Services Index n/a 0.2%
12/13/2009 21:45 NZ Retail Sales (MoM) n/a 0.2%
12/13/2009 23:50 JPN Tankan Lge Manufacturers Index n/a -33
12/14/2009 00:01 UK Rightmove House Prices (YoY) n/a 1.6%
12/14/2009 02:00 NZ Non Resident Bond Holdings n/a 71.2%
12/14/2009 04:00 JPN Tokyo Condominium Sales (YoY) n/a -20.0%
12/14/2009 04:30 JPN Industrial Production YoY% n/a -15.1%
12/14/2009 10:00 EU Eurozone Employment (YoY) n/a -1.8%
12/15/2009 00:30 AUS Reserve Bank’s Board December Minutes n/a n/a
12/15/2009 10:00 GE Zew Surveys n/a n/a
12/15/2009 13:30 CA Leading Indicators MoM n/a 0.7%
12/15/2009 13:30 US PPI (YoY) 1.5% -1.9%
12/15/2009 14:00 US Total Net TIC Flows n/a $133.5B
12/15/2009 14:15 US Industrial Production 0.4% 0.1%
12/15/2009 18:00 US NAHB Housing Market Index 18 17
12/15/2009 22:00 US ABC Consumer Confidence n/a n/a
12/15/2009 23:30 AUS Westpac Leading Index (MoM) n/a 0.4%
12/15/2009 23:50 JPN Tertiary Industry Index (MoM) n/a -0.5%
12/16/2009 00:00 AUS DEWR Skilled Vacancies MoM n/a 2.4%
12/16/2009 00:30 AUS GDP (YoY) n/a 0.6%
12/16/2009 01:15 AUS RBA Deputy Bank Governor Battellino speaks in Sydney n/a n/a
12/16/2009 06:00 JPN Machine Tool Orders (YoY) n/a n/a
12/16/2009 09:30 UK ILO Unemployment Rate (3mths) n/a 7.8%
12/16/2009 10:00 EU Euro-Zone CPI-Core (YoY) n/a 1.2%
12/16/2009 12:00 US Bloomberg Global Confidence n/a 60.30
12/16/2009 13:30 CA Manufacturing Sales MoM n/a 1.4%
12/16/2009 13:30 US Current Account Balance -$105.0B -$98.8B
12/16/2009 13:30 US CPI (YoY) 1.8% -0.2%
12/16/2009 19:15 US FOMC Rate Decision 0.25% 0.25%
12/17/2009 00:00 AUS HIA New Home Sales (MoM) n/a -6.0%
12/17/2009 00:00 JPN BOJ Target Rate n/a 0.10%
12/17/2009 00:30 AUS RBA Foreign Exchange Transactn n/a 307M
12/17/2009 02:00 NZ NBNZ Business Confidence n/a 43.4
12/17/2009 04:00 JPN BoJ Monetary Policy Meeting n/a n/a
12/17/2009 05:00 JPN Leading Index CI n/a n/a
12/17/2009 09:30 UK Retail Sales (YoY) n/a 3.4%
12/17/2009 10:00 EU Construction Output WDA YoY n/a -8.0%
12/17/2009 11:00 UK U.K. CBI December Distributive Trades n/a n/a
12/17/2009 12:00 CA CPI YoY n/a 0.1%
12/17/2009 13:30 CA Int’l Securities Transactions n/a 13.590B
12/17/2009 13:30 US Intitial Jobless Claims n/a n/a
12/17/2009 13:30 US Continuing Claims n/a n/a
12/17/2009 15:00 US Leading Indicators 0.7% 0.3%
12/17/2009 15:00 US Philadelphia Fed. 15.8 16.7
12/18/2009 07:00 GE Producer Prices (YoY) n/a -7.6%
12/18/2009 09:00 GE IFO Surveys n/a 98.9
12/18/2009 09:00 EU ECB Euro-Zone Current Account SA n/a -5.4B
12/18/2009 09:30 UK M4 Money Supply (YoY) n/a 10.8%
12/18/2009 10:00 EU Euro-Zone Trade Balance n/a 3.7B
12/18/2009 13:30 CA Wholesale Sales MoM n/a 0.2%

* Times listed are GMT