Post Tagged with: "Chicago PMI"
Forex Daily Analysis – January 30th 2009
The last day of January provides lots of economic indicators everywhere. The main event of the day is the Advance GDP in the US, which is expected to fall by a huge 5.4%. In Japan, much data is released: the yearly Household Spending is expected to drop by 3.6%. The Tokyo Core CPI is expected to rise by
Forex Weekly Outlook – Januray 26-30 2009
The upcoming week in forex trading features a return of data from the US. The two major events are a new interest rate on Wednesday (probably unchanged), and the Advance GDP on Friday.Also Home Sales information will be in the limelight in America. This week, it’s New Zealand turn to slash interest rates, Canada will
Forex Daily Analysis – December 31st 2008
The last day of 2008 is here. Markets are becoming thinner and thinner, as New Years celebrations get closer. Yesterday’s big news was the CB Consumer Confidence in the US, which is at a record low number of 38. Not only is it under 50 – which means contraction, it’s also well under the market’s expectations
Forex Daily Analysis – December 30th 2008
The Gaza conflict continues to dominate the news around the world: A ground offensive by Israel is due soon, after Hammas escalated rocket attacks. The price of oil is certainly moved by the voilence in the middle east. WTI Crude now trades at $40, after reaching $43. Oil prices will shake even more if the