Post Tagged with: "Core CPI"
Forex Daily Outlook December 27 2011
CB Consumer Confidence is the main event lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, Financial confidence is a leading indicator of consumer spending Survey to value the consumer spending and rate the total financial situation, due to rise from 56.0 points on November up to
Forex Daily Outlook December 20 2011
US housing data and Euro-Zone business and consumer sentiment as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Building Permits the annualized amount of residential permits released in October was well beyond predictions reaching 650,000 after 590,000 in the prior month. A small drop to 630,000 is expected
USD/CAD Outlook December 19-23
The Canadian dollar bowed to the greenback’s strength and lost a lot of ground. Inflation data and GDP are the main events. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week BOC Governor Mark Carney made a speech in Toronto asking businesses to boost investments and enter emerging markets. He
Forex Weekly Outlook December 19-23
The US dollar reached levels last seen in January, as the European troubles continued. The week before Christmas will likely see lower volume, but there still quite a few interesting events on the agenda, with US home sales and durable goods orders being the highlights. Here is an outlook for the main market movers awaiting
EUR/USD Dec. 16 – Finding Balance Between Storms
Euro dollar is now trading in a more narrow range, as the week nears an end. Today’s calendar is light in comparison with yesterday’s very busy one, yet a new storm could be brewing from the direction of credit rating agencies. Will Spain, Italy and especially France receive downgrades? Here’s an update on technicals, fundamentals and
Forex Daily Outlook December 16 2011
We summarize this week CPI in the US as the major event of the day. Here is an outlook on the market-movers awaiting us. In the US, Consumer Price Index (CPI), measures some goods and services average prices, about to rise up from November by 0.2% to 0.1% this time. And similar rise is expected
EUR/USD Dec. 15 – Good News But No Recovery
Euro dollar is stabilizing around 1.30, yet again licking the wounds after a fall. The Swiss authorities didn’t chose to weaken the franc against the euro, and this weighed on the single currency. On the other hand, better than expected PMIs and a very successful bond auction in Spain helped the pair stabilize. This is a
Forex Daily Outlook December 15 2011
Unemployment Claims and PPI in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, measures the unemployment insurance that was filed on the last month, predicted to rise by 8K up to 389K More in the US, Treasury International Capital (TIC), Long-Term Purchases, value the difference between foreign
British Inflation Ticks Down to 4.8%
Headline CPI in the UK ticked down from 5% to 4.8%, exactly as expected. This is still far off from the official target of around 2%, but the BOE sees a big downfall coming in 2012. Core CPI dropped from 3.4% to 3.2%, a bit lower than 3.3% that was predicted. On the other hand,
Forex Weekly Outlook December 12-16
The highly anticipated EU Summit provided mixed results, and currencies remained mixed after a volatile week. The focus now moves to the other side of the Atlantic – to the FOMC decision. In addition, we have German ZEW Economic Sentiment, US retail sales, and Unemployment claims as important market movers this week. Here is an