Archive for February 21st, 2010
Feb 21, 2010 in Grow Financially, Investment Protection, Opportunities
The USD starts the week mixed to a bit firmer as the German finance Ministry denies report that the EU plans 25bln rescue plan for Greece, the USD had been weakening in early overseas trade pressured by a slight improvement in risk sentiment as Asian equity markets rise and in…
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Feb 21, 2010 in Grow Financially, Investment Protection, Opportunities
The gains in the dollar inspired by the Fed’s unexpected discount rate move last week appear to have abated. Most players appear comprehend the accompanying message that the action is merely a technical adjustment. In that respect Governor Bernanke’s semi-annual appearance in front of Congress at this week’s Humphrey Hawkins…
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Feb 21, 2010 in Grow Financially, Investment Protection, Opportunities
With the pair now consolidating, pressure is now mounting on its broken falling channel resistance and the 91.27 level, its Feb 03?10 high as it was seen weakening slightly through there in early trading today. On further losses, we should see the pair target the 89.69 level, representing its Feb…
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Feb 21, 2010 in Grow Financially, Investment Protection, Opportunities
EUR is currently trading off its session high (1.3652) and maintaining an offered tone which suggests further downside weakness could follow. However, we are cautious of its current price action as its inability to hold below the 1.3530 level the past week could be heralding another attempt on higher corrective…
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Feb 21, 2010 in Grow Financially, Investment Protection, Opportunities
The four hour trend is short. The 1.0550 area has been important in recent 4 hour chart trade, and now will act as resistance that may struggle to get broken if oil traders hold crude above 77.50. Targets are in the 1.0300 range and lower if equities and commodities find…
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Feb 21, 2010 in Grow Financially, Investment Protection, Opportunities
Asian markets were generally stronger today with the exception of the SSE composite which was off last week for the Chinese lunar new year. The Nikkei hit 3 week highs after US markets closed out a second week of gains on Friday following 4 weeks of decline. Markets in the…
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Feb 21, 2010 in Grow Financially, Investment Protection, Opportunities
The Cable was extremely ranged through the day between 1.5450-1.5500. The Support of the 55-MA on 1H at 1.5507 has held and if continues to hold during the US session as well, the pair may come down towards the range Support at 1.5400 mentioned in the morning. The view is…
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Feb 21, 2010 in Grow Financially, Opportunities
| Date |
Time* |
Source |
Description |
Forecast |
Previous |
| 2/22/2010 |
00:30 |
AUS |
New Motor Vehicle Sales YoY |
n/a |
17.2% |
| 2/22/2010 |
07:00 |
JPN |
Convenience Store Sales YoY |
n/a |
-5.5% |
| 2/22/2010 |
13:30 |
US |
Chicago Fed Nat Activity Index |
-0.19 |
-0.61 |
| 2/22/2010 |
15:30 |
US |
Dallas Fed Manf. Activity |
10.0% |
8.3% |
| 2/22/2010 |
23:50 |
JPN |
BoJ Monetary Policy Meeting Minutes for Jan. |
n/a |
n/a |
| 2/23/2010 |
00:00 |
JPN |
Cabinet Office Monthly Economic Report |
n/a |
n/a |
| 2/23/2010 |
07:00 |
AUS |
RBA Deputy Bank Governor Battellino speaks in Sydney |
n/a |
n/a |
| 2/23/2010 |
09:00 |
GE |
IFO |
n/a |
n/a |
| 2/23/2010 |
09:30 |
UK |
BBA Loans for House Purchase |
43000 |
45897 |
| 2/23/2010 |
14:00 |
US |
S&P/CS Composite-20 YoY |
-3.0% |
-5.3% |
| 2/23/2010 |
15:00 |
US |
Consumer Confidence |
56.0 |
55.9 |
| 2/23/2010 |
15:00 |
US |
Richmond Fed Manufact. Index |
1 |
-2 |
| 2/23/2010 |
22:00 |
US |
ABC Consumer Confidence |
n/a |
n/a |
| 2/23/2010 |
23:00 |
AUS |
Conference Board Leading Index |
n/a |
-0.3% |
| 2/23/2010 |
23:50 |
JPN |
Corp Service Price (YoY) |
-1.1% |
-1.5% |
| 2/24/2010 |
00:30 |
AUS |
Wage Cost Index YoY |
n/a |
3.6% |
| 2/24/2010 |
02:00 |
NZ |
RBNZ 2yr Inflation Expectation |
n/a |
2.6% |
| 2/24/2010 |
05:00 |
JPN |
Small Business Confidence |
n/a |
41.3 |
| 2/24/2010 |
07:00 |
GE |
GDP nsa (YoY) |
-1.7% |
-1.7% |
| 2/24/2010 |
10:00 |
EU |
Industrial New Orders SA (YoY) |
7.6% |
-0.5% |
| 2/24/2010 |
15:00 |
US |
New Home Sales |
352K |
342K |
| 2/24/2010 |
15:00 |
US |
Testimony–Chairman Ben S. Bernanke |
n/a |
n/a |
| 2/25/2010 |
00:30 |
AUS |
Private Capital Expenditure |
n/a |
-3.9% |
| 2/25/2010 |
02:00 |
NZ |
Money Supply M3 YoY |
n/a |
-1.1% |
| 2/25/2010 |
08:55 |
GE |
Unemployment Change (000′s) |
16K |
6K |
| 2/25/2010 |
09:00 |
EU |
Euro-Zone M3 s.a. (YoY) |
0.0% |
-0.2% |
| 2/25/2010 |
09:30 |
UK |
Total Business Investment (YoY) |
-18.5% |
-19.9% |
| 2/25/2010 |
10:00 |
EU |
Business Climate Indicator |
n/a |
-1.12 |
| 2/25/2010 |
11:00 |
UK |
U.K. CBI February Distributive Trades |
n/a |
n/a |
| 2/25/2010 |
13:30 |
US |
Durable Goods Orders |
1.5% |
0.3% |
| 2/25/2010 |
13:30 |
US |
Initial Jobless Claims |
n/a |
n/a |
| 2/25/2010 |
13:30 |
US |
Continuing Claims |
n/a |
n/a |
| 2/25/2010 |
14:00 |
US |
Testimony–Chairman Ben S. Bernanke |
n/a |
n/a |
| 2/25/2010 |
15:00 |
US |
House Price Index MoM |
0.4% |
0.7% |
| 2/25/2010 |
21:45 |
NZ |
Trade Balance |
n/a |
2M |
| 2/25/2010 |
23:15 |
JPN |
Nomura/JMMA Manufacturing PM |
n/a |
52.5 |
| 2/25/2010 |
23:30 |
JPN |
Tokyo CPI YoY |
-2.0% |
-2.1% |
| 2/25/2010 |
23:50 |
JPN |
Industrial Production YoY% |
16.5% |
5.1% |
| 2/26/2010 |
00:01 |
UK |
GfK Consumer Confidence Survey |
-17 |
-17 |
| 2/26/2010 |
00:30 |
AUS |
Private Sector Credit YoY% |
n/a |
1.5% |
| 2/26/2010 |
05:00 |
JPN |
Housing Starts (YoY) |
-11.6% |
-15.7% |
| 2/26/2010 |
09:30 |
UK |
GDP (YoY) |
-3.1% |
-3.2% |
| 2/26/2010 |
10:00 |
EU |
Euro-Zone CPI (YoY) |
1.0% |
0.9% |
| 2/26/2010 |
13:30 |
CA |
Current Account (BOP) |
n/a |
-$13.1B |
| 2/26/2010 |
13:30 |
US |
GDP Price Index |
0.6% |
0.6% |
| 2/26/2010 |
14:45 |
US |
Chicago Purchasing Manager |
58.5 |
61.5 |
| 2/26/2010 |
14:55 |
US |
U. of Michigan Confidence |
74.0 |
73.7 |
| 2/26/2010 |
15:00 |
US |
NAPM-Milwaukee |
n/a |
56.0 |
| 2/26/2010 |
21:15 |
US |
Bloomberg FCI Monthly |
n/a |
n/a |
| 2/28/2010 |
21:45 |
NZ |
Visitor Arrivals |
n/a |
8.5% |
| 2/28/2010 |
22:30 |
AUS |
AiG Performance of Mfg Index |
n/a |
51.0 |
| 2/28/2010 |
23:30 |
AUS |
TD Securities Inflation YoY% |
n/a |
2.6% |
| 3/1/2010 |
00:01 |
UK |
Hometrack Housing Survey (YoY) |
n/a |
-0.8% |
| 3/1/2010 |
00:30 |
AUS |
Current Account Balance |
n/a |
-16183M |
| 3/1/2010 |
02:00 |
NZ |
ANZ Commodity Price |
n/a |
0.4% |
| 3/1/2010 |
05:30 |
AUS |
RBA Commodity Index SDR YoY% |
n/a |
-11.7% |
| 3/1/2010 |
08:55 |
GE |
PMI Manufacturing |
n/a |
57.1 |
| 3/1/2010 |
09:00 |
EU |
PMI Manufacturing |
n/a |
54.1 |
| 3/1/2010 |
09:30 |
UK |
M4 Money Supply (YoY) |
n/a |
5.1% |
| 3/1/2010 |
10:00 |
EU |
Euro-Zone Unemployment Rate |
n/a |
10.0% |
| 3/1/2010 |
13:30 |
CA |
Gross Domestic Product MoM |
0.4% |
0.4% |
| 3/1/2010 |
13:30 |
US |
PCE Core (YoY) |
n/a |
1.5% |
| 3/1/2010 |
15:00 |
US |
ISM Manufacturing |
57.6 |
58.4 |
| 3/1/2010 |
23:30 |
JPN |
Jobless Rate |
n/a |
5.1% |
| 3/1/2010 |
23:50 |
JPN |
Monetary Base (YoY) |
n/a |
4.9% |
| 3/2/2010 |
00:30 |
AUS |
Building Approvals (YoY) |
n/a |
53.3% |
| 3/2/2010 |
03:30 |
AUS |
RBA CASH TARGET |
3.75% |
3.75% |
| 3/2/2010 |
09:30 |
UK |
PMI Construction |
n/a |
48.6 |
| 3/2/2010 |
10:00 |
EU |
Euro-Zone PPI (YoY) |
n/a |
-2.9% |
| 3/2/2010 |
14:00 |
CA |
Bank of Canada Rate |
n/a |
0.25% |
| 3/2/2010 |
19:00 |
US |
Fed’s Beige Book |
n/a |
n/a |
| 3/2/2010 |
22:00 |
US |
ABC Consumer Confidence |
n/a |
n/a |
| 3/2/2010 |
22:30 |
AUS |
AiG Performance of Service Index |
n/a |
47.4 |
| 3/2/2010 |
22:50 |
JPN |
Loans & Discounts Corp YoY |
n/a |
-3.1% |
| 3/3/2010 |
00:01 |
UK |
Nationwide Consumer Confidence |
n/a |
73 |
| 3/3/2010 |
00:30 |
AUS |
GDP (YoY) |
n/a |
0.6% |
| 3/3/2010 |
01:30 |
JPN |
Labor Cash Earnings YoY |
n/a |
-5.9% |
| 3/3/2010 |
08:55 |
GE |
PMI Services |
n/a |
51.7 |
| 3/3/2010 |
09:00 |
EU |
PMI Services |
n/a |
52.0 |
| 3/3/2010 |
09:30 |
UK |
Official Reserves (Changes) |
n/a |
-$250M |
| 3/3/2010 |
10:00 |
EU |
Euro-Zone Retail Sales (YoY) |
n/a |
-1.6% |
| 3/3/2010 |
12:30 |
US |
Challenger Job Cuts YoY |
n/a |
-70.4% |
| 3/3/2010 |
13:15 |
US |
ADP Employment Change |
15K |
-22K |
| 3/3/2010 |
15:00 |
US |
ISM Non-Manf. Composite |
51.1 |
50.5 |
| 3/3/2010 |
23:50 |
JPN |
Capital Spending |
n/a |
-24.8% |
| 3/4/2010 |
00:30 |
AUS |
Trade Balance |
n/a |
-2252M |
| 3/4/2010 |
10:00 |
EU |
Euro-Zone GDP s.a. (YoY) |
n/a |
-2.1% |
| 3/4/2010 |
12:00 |
UK |
BOE ANNOUNCES RATES |
0.50% |
0.50% |
| 3/4/2010 |
12:45 |
EU |
ECB Announces Interest Rates |
n/a |
1.00% |
| 3/4/2010 |
13:30 |
CA |
Building Permits MoM |
n/a |
2.4% |
| 3/4/2010 |
13:30 |
US |
Initial Jobless Claims |
n/a |
n/a |
| 3/4/2010 |
13:30 |
US |
Continuing Claims |
n/a |
n/a |
| 3/4/2010 |
15:00 |
CA |
Ivey Purchasing Managers Index |
n/a |
50.8 |
| 3/4/2010 |
15:00 |
US |
Factory Orders |
1.0% |
1.0% |
| 3/4/2010 |
22:30 |
AUS |
AiG Perf of Construction Index |
n/a |
57.7 |
| 3/5/2010 |
05:30 |
AUS |
Foreign Reserves |
n/a |
46.6B |
| 3/5/2010 |
09:30 |
UK |
PPI Input NSA (YoY) |
n/a |
8.4% |
| 3/5/2010 |
11:00 |
GE |
Factory Orders YoY (nsa) |
n/a |
8.4% |
| 3/5/2010 |
13:30 |
US |
Change in Nonfarm Payrolls |
0K |
-20K |
| 3/5/2010 |
20:00 |
US |
Consumer Credit |
-$3.1B |
-$1.7B |
* Times listed are GMT
No Comments »
Feb 21, 2010 in Grow Financially, Opportunities
| Date |
Time* |
Source |
Description |
Forecast |
Previous |
| 2/22/2010 |
00:30 |
AUS |
New Motor Vehicle Sales YoY |
n/a |
17.2% |
| 2/22/2010 |
07:00 |
JPN |
Convenience Store Sales YoY |
n/a |
-5.5% |
| 2/22/2010 |
13:30 |
US |
Chicago Fed Nat Activity Index |
-0.19 |
-0.61 |
| 2/22/2010 |
15:30 |
US |
Dallas Fed Manf. Activity |
10.0% |
8.3% |
| 2/22/2010 |
23:50 |
JPN |
BoJ Monetary Policy Meeting Minutes for Jan. |
n/a |
n/a |
| 2/23/2010 |
00:00 |
JPN |
Cabinet Office Monthly Economic Report |
n/a |
n/a |
| 2/23/2010 |
07:00 |
AUS |
RBA Deputy Bank Governor Battellino speaks in Sydney |
n/a |
n/a |
| 2/23/2010 |
09:00 |
GE |
IFO |
n/a |
n/a |
| 2/23/2010 |
09:30 |
UK |
BBA Loans for House Purchase |
43000 |
45897 |
| 2/23/2010 |
14:00 |
US |
S&P/CS Composite-20 YoY |
-3.0% |
-5.3% |
| 2/23/2010 |
15:00 |
US |
Consumer Confidence |
56.0 |
55.9 |
| 2/23/2010 |
15:00 |
US |
Richmond Fed Manufact. Index |
1 |
-2 |
| 2/23/2010 |
22:00 |
US |
ABC Consumer Confidence |
n/a |
n/a |
| 2/23/2010 |
23:00 |
AUS |
Conference Board Leading Index |
n/a |
-0.3% |
| 2/23/2010 |
23:50 |
JPN |
Corp Service Price (YoY) |
-1.1% |
-1.5% |
| 2/24/2010 |
00:30 |
AUS |
Wage Cost Index YoY |
n/a |
3.6% |
| 2/24/2010 |
02:00 |
NZ |
RBNZ 2yr Inflation Expectation |
n/a |
2.6% |
| 2/24/2010 |
05:00 |
JPN |
Small Business Confidence |
n/a |
41.3 |
| 2/24/2010 |
07:00 |
GE |
GDP nsa (YoY) |
-1.7% |
-1.7% |
| 2/24/2010 |
10:00 |
EU |
Industrial New Orders SA (YoY) |
7.6% |
-0.5% |
| 2/24/2010 |
15:00 |
US |
New Home Sales |
352K |
342K |
| 2/24/2010 |
15:00 |
US |
Testimony–Chairman Ben S. Bernanke |
n/a |
n/a |
| 2/25/2010 |
00:30 |
AUS |
Private Capital Expenditure |
n/a |
-3.9% |
| 2/25/2010 |
02:00 |
NZ |
Money Supply M3 YoY |
n/a |
-1.1% |
| 2/25/2010 |
08:55 |
GE |
Unemployment Change (000′s) |
16K |
6K |
| 2/25/2010 |
09:00 |
EU |
Euro-Zone M3 s.a. (YoY) |
0.0% |
-0.2% |
| 2/25/2010 |
09:30 |
UK |
Total Business Investment (YoY) |
-18.5% |
-19.9% |
| 2/25/2010 |
10:00 |
EU |
Business Climate Indicator |
n/a |
-1.12 |
| 2/25/2010 |
11:00 |
UK |
U.K. CBI February Distributive Trades |
n/a |
n/a |
| 2/25/2010 |
13:30 |
US |
Durable Goods Orders |
1.5% |
0.3% |
| 2/25/2010 |
13:30 |
US |
Initial Jobless Claims |
n/a |
n/a |
| 2/25/2010 |
13:30 |
US |
Continuing Claims |
n/a |
n/a |
| 2/25/2010 |
14:00 |
US |
Testimony–Chairman Ben S. Bernanke |
n/a |
n/a |
| 2/25/2010 |
15:00 |
US |
House Price Index MoM |
0.4% |
0.7% |
| 2/25/2010 |
21:45 |
NZ |
Trade Balance |
n/a |
2M |
| 2/25/2010 |
23:15 |
JPN |
Nomura/JMMA Manufacturing PM |
n/a |
52.5 |
| 2/25/2010 |
23:30 |
JPN |
Tokyo CPI YoY |
-2.0% |
-2.1% |
| 2/25/2010 |
23:50 |
JPN |
Industrial Production YoY% |
16.5% |
5.1% |
| 2/26/2010 |
00:01 |
UK |
GfK Consumer Confidence Survey |
-17 |
-17 |
| 2/26/2010 |
00:30 |
AUS |
Private Sector Credit YoY% |
n/a |
1.5% |
| 2/26/2010 |
05:00 |
JPN |
Housing Starts (YoY) |
-11.6% |
-15.7% |
| 2/26/2010 |
09:30 |
UK |
GDP (YoY) |
-3.1% |
-3.2% |
| 2/26/2010 |
10:00 |
EU |
Euro-Zone CPI (YoY) |
1.0% |
0.9% |
| 2/26/2010 |
13:30 |
CA |
Current Account (BOP) |
n/a |
-$13.1B |
| 2/26/2010 |
13:30 |
US |
GDP Price Index |
0.6% |
0.6% |
| 2/26/2010 |
14:45 |
US |
Chicago Purchasing Manager |
58.5 |
61.5 |
| 2/26/2010 |
14:55 |
US |
U. of Michigan Confidence |
74.0 |
73.7 |
| 2/26/2010 |
15:00 |
US |
NAPM-Milwaukee |
n/a |
56.0 |
| 2/26/2010 |
21:15 |
US |
Bloomberg FCI Monthly |
n/a |
n/a |
| 2/28/2010 |
21:45 |
NZ |
Visitor Arrivals |
n/a |
8.5% |
| 2/28/2010 |
22:30 |
AUS |
AiG Performance of Mfg Index |
n/a |
51.0 |
| 2/28/2010 |
23:30 |
AUS |
TD Securities Inflation YoY% |
n/a |
2.6% |
| 3/1/2010 |
00:01 |
UK |
Hometrack Housing Survey (YoY) |
n/a |
-0.8% |
| 3/1/2010 |
00:30 |
AUS |
Current Account Balance |
n/a |
-16183M |
| 3/1/2010 |
02:00 |
NZ |
ANZ Commodity Price |
n/a |
0.4% |
| 3/1/2010 |
05:30 |
AUS |
RBA Commodity Index SDR YoY% |
n/a |
-11.7% |
| 3/1/2010 |
08:55 |
GE |
PMI Manufacturing |
n/a |
57.1 |
| 3/1/2010 |
09:00 |
EU |
PMI Manufacturing |
n/a |
54.1 |
| 3/1/2010 |
09:30 |
UK |
M4 Money Supply (YoY) |
n/a |
5.1% |
| 3/1/2010 |
10:00 |
EU |
Euro-Zone Unemployment Rate |
n/a |
10.0% |
| 3/1/2010 |
13:30 |
CA |
Gross Domestic Product MoM |
0.4% |
0.4% |
| 3/1/2010 |
13:30 |
US |
PCE Core (YoY) |
n/a |
1.5% |
| 3/1/2010 |
15:00 |
US |
ISM Manufacturing |
57.6 |
58.4 |
| 3/1/2010 |
23:30 |
JPN |
Jobless Rate |
n/a |
5.1% |
| 3/1/2010 |
23:50 |
JPN |
Monetary Base (YoY) |
n/a |
4.9% |
| 3/2/2010 |
00:30 |
AUS |
Building Approvals (YoY) |
n/a |
53.3% |
| 3/2/2010 |
03:30 |
AUS |
RBA CASH TARGET |
3.75% |
3.75% |
| 3/2/2010 |
09:30 |
UK |
PMI Construction |
n/a |
48.6 |
| 3/2/2010 |
10:00 |
EU |
Euro-Zone PPI (YoY) |
n/a |
-2.9% |
| 3/2/2010 |
14:00 |
CA |
Bank of Canada Rate |
n/a |
0.25% |
| 3/2/2010 |
19:00 |
US |
Fed’s Beige Book |
n/a |
n/a |
| 3/2/2010 |
22:00 |
US |
ABC Consumer Confidence |
n/a |
n/a |
| 3/2/2010 |
22:30 |
AUS |
AiG Performance of Service Index |
n/a |
47.4 |
| 3/2/2010 |
22:50 |
JPN |
Loans & Discounts Corp YoY |
n/a |
-3.1% |
| 3/3/2010 |
00:01 |
UK |
Nationwide Consumer Confidence |
n/a |
73 |
| 3/3/2010 |
00:30 |
AUS |
GDP (YoY) |
n/a |
0.6% |
| 3/3/2010 |
01:30 |
JPN |
Labor Cash Earnings YoY |
n/a |
-5.9% |
| 3/3/2010 |
08:55 |
GE |
PMI Services |
n/a |
51.7 |
| 3/3/2010 |
09:00 |
EU |
PMI Services |
n/a |
52.0 |
| 3/3/2010 |
09:30 |
UK |
Official Reserves (Changes) |
n/a |
-$250M |
| 3/3/2010 |
10:00 |
EU |
Euro-Zone Retail Sales (YoY) |
n/a |
-1.6% |
| 3/3/2010 |
12:30 |
US |
Challenger Job Cuts YoY |
n/a |
-70.4% |
| 3/3/2010 |
13:15 |
US |
ADP Employment Change |
15K |
-22K |
| 3/3/2010 |
15:00 |
US |
ISM Non-Manf. Composite |
51.1 |
50.5 |
| 3/3/2010 |
23:50 |
JPN |
Capital Spending |
n/a |
-24.8% |
| 3/4/2010 |
00:30 |
AUS |
Trade Balance |
n/a |
-2252M |
| 3/4/2010 |
10:00 |
EU |
Euro-Zone GDP s.a. (YoY) |
n/a |
-2.1% |
| 3/4/2010 |
12:00 |
UK |
BOE ANNOUNCES RATES |
0.50% |
0.50% |
| 3/4/2010 |
12:45 |
EU |
ECB Announces Interest Rates |
n/a |
1.00% |
| 3/4/2010 |
13:30 |
CA |
Building Permits MoM |
n/a |
2.4% |
| 3/4/2010 |
13:30 |
US |
Initial Jobless Claims |
n/a |
n/a |
| 3/4/2010 |
13:30 |
US |
Continuing Claims |
n/a |
n/a |
| 3/4/2010 |
15:00 |
CA |
Ivey Purchasing Managers Index |
n/a |
50.8 |
| 3/4/2010 |
15:00 |
US |
Factory Orders |
1.0% |
1.0% |
| 3/4/2010 |
22:30 |
AUS |
AiG Perf of Construction Index |
n/a |
57.7 |
| 3/5/2010 |
05:30 |
AUS |
Foreign Reserves |
n/a |
46.6B |
| 3/5/2010 |
09:30 |
UK |
PPI Input NSA (YoY) |
n/a |
8.4% |
| 3/5/2010 |
11:00 |
GE |
Factory Orders YoY (nsa) |
n/a |
8.4% |
| 3/5/2010 |
13:30 |
US |
Change in Nonfarm Payrolls |
0K |
-20K |
| 3/5/2010 |
20:00 |
US |
Consumer Credit |
-$3.1B |
-$1.7B |
* Times listed are GMT
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Feb 21, 2010 in Grow Financially, Investment Protection, Opportunities
Issues surrounding Greece are still the key driver of FX pricing and given the outlook, it will keep the EUR under pressure. This weekend, the German magazine ?Spiegel? suggested that a eur25bn bailout was being negotiated, which gave the single currency and risk correlated trades a slight boost, but optimism…
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