Archive for February 2nd, 2010
Feb 02, 2010 in Grow Financially, Investment Protection, Opportunities
Current development indicates that a short term top is in place in USD/CHF at 1.0640 on bearish divergence condition in 4 hours MACD. Some more consolidations could be seen with risk of another fall. Though, downside should be contained by 1.0367 support and bring rally resumption. Above 1.0640 should target…
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Feb 02, 2010 in Grow Financially, Investment Protection, Opportunities
With 1.5902 minor support intact, GBP/USD’s recovery from 1.5849 might still continue. But still, upside should be limited below 1.6274 resistance and bring fall resumption. Below 1.5902 minor support will flip intraday bias back to the downside for 1.5829 support. Break there will confirm the whole fall from 1.6875 has…
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Feb 02, 2010 in Grow Financially, Investment Protection, Opportunities
With 89.97 minor support intact, USD/JPY’s recovery from 89.13 might continue further. Nevertheless, decline from 93.74 is still in favor to continue as long as 91.86 resistance holds. Below 89.97 will flip intraday bias back to the downside. Break of 89.13 will confirm fall resumption to 87.36 support next. As…
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Feb 02, 2010 in Grow Financially, Investment Protection, Opportunities
The USD is trading mixed to lower as the EU commission backs Greek proposals to deal with its deficits and equity markets edge higher, EUR was also supported by upward revision in EU Jan services PMI, GBP firms in reaction to report of improving consumer confidence with gains limited by…
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Feb 02, 2010 in Grow Financially, Investment Protection, Opportunities
A build up on its Tuesday gains has seen EUR strengthening in early trading today suggesting a move towards its Jan 21?10 low at 1.4028 and even higher. Its current upside offensive is coming on the back of its recent weakness off the 1.5143 level and its subsequent recovery initiated…
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Feb 02, 2010 in Grow Financially, Investment Protection, Opportunities
In the space of an instant the fate of the single European currency has turned on a dime following the European Commission’s approval on Wednesday of the plan submitted by the government of Greece to reduce its public deficit from 12% to 3% within the next 36 months. Although it’s…
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Feb 02, 2010 in Grow Financially, Investment Protection, Opportunities
EUR/USD’s break of 1.3989 minor resistance indicates that a short term bottom is already formed at 1.3852 on bullish convergence condition in 4 hours MACD. Stronger rebound could now be seen towards 1.4193 resistance But after all, we’d expect upside to be limited by 1.4217/4578 resistance zone and bring resumption…
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Feb 02, 2010 in Grow Financially, Investment Protection, Opportunities
Dollar edged lower on broad based rally in global stocks and commodities earlier today but recovers in early US session after better than expected job market data. The ADP employment report showed -22k contraction in the private job sector of US, versus expectation of -40k and prior month’s upwardly revised…
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Feb 02, 2010 in Grow Financially, Investment Protection, Opportunities
So far, the major obstacle that the world’s leading economy is facing is its deteriorated key sector; the labor market, as it continuously prevented the country to witness a full, stronger and more accelerated overall recovery within it’s different sectors, however today’s ADP Employment Change for last month may show…
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Feb 02, 2010 in Grow Financially, Opportunities
| Date |
Time* |
Source |
Description |
Forecast |
Previous |
| 2/3/2010 |
00:01 |
UK |
BRC January Shop Price Index |
n/a |
n/a |
| 2/3/2010 |
00:30 |
AUS |
Trade Balance |
-2400M |
-1700M |
| 2/3/2010 |
08:55 |
GE |
PMI Services |
n/a |
51.2 |
| 2/3/2010 |
09:00 |
EU |
PMI Composite |
n/a |
53.6 |
| 2/3/2010 |
09:30 |
UK |
Official Reserves (Changes) |
n/a |
-$1603M |
| 2/3/2010 |
10:00 |
EU |
Euro-Zone Retail Sales (YoY) |
n/a |
-4.0% |
| 2/3/2010 |
12:30 |
US |
Challenger Job Cuts YoY |
n/a |
-72.9% |
| 2/3/2010 |
13:15 |
US |
ADP Employment Change |
n/a |
-84K |
| 2/3/2010 |
15:00 |
US |
ISM Non-Manf. Composite |
51.0 |
50.1 |
| 2/3/2010 |
21:45 |
NZ |
Employment Change (YoY) |
-2.5% |
-1.8% |
| 2/4/2010 |
00:30 |
AUS |
Building Approvals (YoY) |
38.2% |
33.3% |
| 2/4/2010 |
11:00 |
GE |
Factory Orders YoY (nsa) |
n/a |
4.5% |
| 2/4/2010 |
12:00 |
UK |
BOE ANNOUNCES RATES |
0.50% |
0.50% |
| 2/4/2010 |
12:45 |
EU |
ECB Announces Interest Rates |
1.00% |
1.00% |
| 2/4/2010 |
13:30 |
CA |
Building Permits MoM |
n/a |
-4.6% |
| 2/4/2010 |
13:30 |
US |
Initial Jobless Claims |
n/a |
n/a |
| 2/4/2010 |
13:30 |
US |
Continuing Claims |
n/a |
n/a |
| 2/4/2010 |
15:00 |
CA |
Ivey Purchasing Managers Index |
n/a |
48.4 |
| 2/4/2010 |
15:00 |
US |
Factory Orders |
1.5% |
1.1% |
| 2/4/2010 |
15:30 |
US |
ICSC Chain Store Sales YoY |
n/a |
n/a |
| 2/4/2010 |
22:30 |
AUS |
AiG Perf of Construction Index |
n/a |
49.3 |
| 2/5/2010 |
00:30 |
AUS |
Reserve Bank Quarterly Monetary Policy Statement |
n/a |
n/a |
| 2/5/2010 |
05:00 |
JPN |
Leading Index |
n/a |
90.7 |
| 2/5/2010 |
05:30 |
AUS |
Foreign Reserves |
n/a |
46.5B |
| 2/5/2010 |
09:30 |
UK |
PPI Input NSA (YoY) |
n/a |
6.9% |
| 2/5/2010 |
11:00 |
GE |
Industrial Prod. YoY (nsa wda) |
n/a |
-8.0% |
| 2/5/2010 |
12:00 |
CA |
Net Change in Employment |
n/a |
-2.6K |
| 2/5/2010 |
13:30 |
US |
Change in Nonfarm Payrolls |
63K |
-85K |
| 2/5/2010 |
20:00 |
US |
Consumer Credit |
-$9.2B |
-$17.5B |
| 2/7/2010 |
11:00 |
NZ |
QV House Prices YoY% |
n/a |
2.8% |
| 2/7/2010 |
23:50 |
JPN |
Current Account Total |
n/a |
Yen1103.0B |
| 2/8/2010 |
04:30 |
JPN |
Bankruptcies (YoY) |
n/a |
-16.6% |
| 2/8/2010 |
05:00 |
JPN |
Eco Watchers Survey: Current |
n/a |
35.4 |
| 2/8/2010 |
09:30 |
UK |
Sentix Investor Confidence |
n/a |
-3.7 |
| 2/8/2010 |
13:15 |
CA |
Housing Starts |
177.0K |
174.5K |
| 2/9/2010 |
00:01 |
UK |
RICS House Price Balance |
n/a |
30% |
| 2/9/2010 |
00:30 |
AUS |
NAB Business Conditions |
n/a |
n/a |
| 2/9/2010 |
06:00 |
JPN |
Machine Tool Orders (YoY) |
n/a |
63.4% |
| 2/9/2010 |
07:00 |
GE |
Trade Balance |
n/a |
17.4B |
| 2/9/2010 |
09:30 |
UK |
Total Trade Balance (GBP/Mln) |
n/a |
-GBP2912 |
| 2/9/2010 |
12:30 |
US |
NFIB Small Business Optimism |
n/a |
88.0 |
| 2/9/2010 |
15:00 |
US |
IBD/TIPP Economic Optimism |
n/a |
48.8 |
| 2/9/2010 |
21:45 |
NZ |
NZ Card Spending (MoM) |
n/a |
0.7 |
| 2/9/2010 |
22:00 |
US |
ABC Consumer Confidence |
n/a |
n/a |
| 2/9/2010 |
23:30 |
AUS |
Westpac Cons. Confidence Index |
n/a |
n/a |
| 2/9/2010 |
23:50 |
JPN |
Machine Orders YoY% |
n/a |
-20.5% |
| 2/10/2010 |
00:30 |
AUS |
Home Loans |
n/a |
-5.6% |
| 2/10/2010 |
09:30 |
UK |
Industrial Production (YoY) |
n/a |
-6.0% |
| 2/10/2010 |
10:30 |
UK |
Bank of England Quarterly Inflation Report |
n/a |
n/a |
| 2/10/2010 |
13:30 |
CA |
Int’l Merchandise Trade |
n/a |
-0.3B |
| 2/10/2010 |
13:30 |
US |
Trade Balance |
-$34.5B |
-$36.4B |
| 2/10/2010 |
19:00 |
US |
Monthly Budget Statement |
n/a |
-$91.9B |
| 2/10/2010 |
21:30 |
NZ |
Business NZ PMI |
n/a |
52.9 |
| 2/10/2010 |
21:45 |
NZ |
Food Prices (MoM) |
n/a |
-0.3% |
| 2/11/2010 |
00:00 |
AUS |
Consumer Inflation Expectation |
n/a |
3.5% |
| 2/11/2010 |
00:30 |
AUS |
Employment Change |
n/a |
35.2K |
| 2/11/2010 |
09:00 |
EU |
ECB Publishes Feb. Monthly Report |
n/a |
n/a |
| 2/11/2010 |
13:30 |
CA |
New Housing Price Index MoM |
n/a |
0.4% |
| 2/11/2010 |
13:30 |
US |
Advance Retail Sales |
0.4% |
-0.3% |
| 2/11/2010 |
13:30 |
US |
Initial Jobless Claims |
n/a |
n/a |
| 2/11/2010 |
13:30 |
US |
Continuing Claims |
n/a |
n/a |
| 2/11/2010 |
15:00 |
US |
Business Inventories |
0.4% |
0.4% |
| 2/11/2010 |
21:00 |
NZ |
REINZ House Sales YoY% |
n/a |
15.2% |
| 2/11/2010 |
21:45 |
NZ |
Retail Sales (MoM) |
n/a |
0.8% |
| 2/12/2010 |
05:00 |
JPN |
Consumer Confidence |
n/a |
37.9 |
| 2/12/2010 |
07:00 |
GE |
GDP nsa (YoY) |
n/a |
n/a |
| 2/12/2010 |
10:00 |
EU |
Euro-Zone GDP s.a. (YoY) |
n/a |
n/a |
| 2/12/2010 |
13:30 |
CA |
New Motor Vehicle Sales MoM |
n/a |
-6.0% |
| 2/12/2010 |
14:55 |
US |
U. of Michigan Confidence |
n/a |
74.4 |
* Times listed are GMT
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