Post Tagged with: "Housing Equity Withdrawal"
GBP/USD Outlook December 26-30
The British pound rebounded against the dollar, climbing close to the 1.58 level, but gave up those gains by week’s end. The upcoming week is very quiet, with only two releases, both of which are housing sector indicators. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The British government deficit hit 15.2 billion in November, which
China’s Housing Bust Intensifying
Evidence continues to pile up that China is experiencing a bust of of its housing bubble. Prices aren’t only “cooling”, but are plunging. Earlier in the year, reports about suicides and disappearances of developers in fright of loan sharks seemed a bit too colorful. Some numbers provide hard facts. This already impacts commodity prices and
Forex Daily Outlook – October 28 2011
Employment Cost Index in the US and Consumer Spending in Europe are the major events this day. Here is an outlook on the market-movers awaiting us. In theUS, Revised University of Michigan (UoM) Consumer Sentiment, consumer’s survey to value the present and upcoming financial conditions over the last month, a rise from 57.5 points on
Forex Daily Outlook – October 6 2011
Unemployment Claims in the US and ECB Press Conference in Europe are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, significant indicator of overall financial health, weekly report to value the number of unemployed that for the first time filed for insurance over the passing week, raise from 391K
Forex Daily Outlook – July 4 2011
We start the week with Construction PMI in the UK and RMPI in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Raw Materials Price Index (RMPI) monthly measurement to value the price change of raw supplies acquired by manufacturers, after a rise to 6.8% on the last
Forex Daily Outlook – April 4 2011
We start the week with Fed Chairman Bernanke speech in Stone Mountain, BOC Business Outlook Survey in Canada more interesting events. Let’s see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke, due to speak at the Federal Reserve Bank of Atlanta’s 2011 Financial Markets Conference “Navigating the New Financial Landscape,” in
Forex Daily Outlook – December 29 2010
German Prelim CPI in Europe and KOF Economic Barometer in Switzerland are only some of the events for today .Let’s see what awaits us. In Europe, German Prelim Consumer Price Index (CPI) of goods and services purchased by consumers is about to rise by 0.8%.Inflation is important to currency valuation because rising prices lead the
GBP/USD Outlook – December 27-31
The British pound had a bad week before Christmas. This calendar is quite light this week. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. The growing worries about British austerity measures are a heavy weight on the pound, which is losing also to other currencies except the dollar. Will
GBP/USD Outlook – July 12-16
A busy week expects cable traders: inflation, employment and Final GDP are part of the events that will shake the Pound this week. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. GBP/USD daily chart with support and resistance lines. Click to enlarge: In the past week, the Pound traded
Forex Daily Analysis – December 29th 2008
Trading in this short holiday week began with a drop in the rate of the USD. It weakened against almost all the currencies. EUR/USD jumped to 1.4339, USD/JPY is flirting again with the 90 mark, and also the USD/CHF dropped to 1.0433. The gains that the Swiss Franc made came despite of the KOF Economic Barometer