Post Tagged with: "Corporate Profits"
Forex Daily Outlook November 24 2011
Revised GDP in the UK and Ifo Business Climate in Europe are the major market-movers. Let see what awaits us today. In Canada, Corporate Profits is due to stay -4.9% similar to the last quarter. For more on USD/CAD, read the Canadian dollar forecast. In Europe, German Information and Forschung (Ifo) Business Climat, measures the monthly
USD/CAD Outlook November 21-25
The Canadian dollar retreated against the soaring US dollar. Retail sales figures are the highlight of this week. Here’s an outlook for the Canadian events and an updated technical analysis for the Canadian dollar. Last week, manufacturing sales jumped by 2.6%, well above the 1.1% rise expected and inflation grew more than predicted with CPI rising 0.2% and Core CPI
Forex Daily Outlook – August 25 2011
Unemployment Claims in the US and Martin Weale speech in Doncaster are the major market-movers. Let see what awaits us today. Jackson Hole Symposium (Day 1), Financial Symposium in Jackson Hole Wyoming for central bankers, finance ministers, academics, and worldwide economic market participants. In the US, Unemployment Claims, weekly measurements of new unemployment claims filed
USD/CAD Outlook – August 22-26
The Canadian dollar got close to parity with the USD, but eventually retRetail sales is the main event this week. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar Last week was great for the automobile industry with new motor vehicle sales edging up by 10.8%, well above expectations of a
USD/CAD Outlook – May 23-27
The Canadian dollar retreated against the greenback after some week figures in Canada. Is this temporary? The calendar is quite light this week, so the focus will lean towards an updated technical analysis of USD/CAD. Canadian manufacturing sales increased 1.9% indicating economic growth for the first quarter. The manufacturing sector has recovered from its long
Forex Daily Outlook – February 23 2011
Existing Home Sales in the US & MPC Meeting Minutes in the UK are only some of the today’s highlights. .Let’s see what awaits us today. In the US, Existing Home Sales, number of residential buildings that were sold during the previous month excluding new construction is about to rise by 0.05M. Sale of a
Canadian Dollar – February 21-25
Retail Sales is the highlight of this week. Here is an outlook on the important events ahead and an updated technical analysis for USD/CAD Canadian manufacturing sales gained 0.4% in December considerably lower than the 2.1% rise expected. This came as a big surprise in light of an encouraging increase in exports jumping 9.7 %
Forex Daily Outlook – November 24 2010
Core Durable Goods Orders in the US, Revised GDP in UK and German Ifo Business Climate, are only some of the busy outlook of the day. Let’s see what awaits us today. In the US, Durable Goods Orders, new purchase orders placed with manufacturers for durable goods is about to reduce by 0.5%, while the
Canadian Dollar – November 22-26
Inflation Rate and Retail Sales are the major events in the coming week. Here is an outlook on the events ahead and an updated technical analysis for USD/CAD. USD/CAD daily chart with support and resistance lines marked. Click to enlarge: Last week encouraging economic data raised hopes that recovery is back on track, despite an
Forex Daily Outlook – August 25 2010
Very interesting news and updates coming up today. New Home Sales in the US, Corporate Profits in Canada, Construction Work Done in Australia. Let’s see what awaits us today. In the Us, New Home Sales, an important gauge of housing market conditions measuring the number of newly constructed homes with a committed sale during the