Post Tagged with: "UBS Consumption Indicator"
Forex Daily Outlook – April 28th 2009
The ongoing swine flu crisis will continue to make the forex market sneeze. Apart from that, CB Consumer Confidence is the main economic indicator of the day. And there’s more! Let’s dive in: The swine flu is spreading quickly around the world, and cases have been reported virtually everywhere. This ignites fears of more economic pain
Forex Daily Outlook – March 31st 2009
There are lots of economic indicators today, from all over the globe. The main events are the European CPI Flash Estimate, Canadian GDP and the American CB Consumer Confidence . The leaks from the G20 summit will continue to move the dollar also today. British GfK Consumer Confidence was a positive surprise despite being negative: it printed -30
Forex Daily Analysis – February 24th 2009
Tuesday features lots of economic figures. German Ifo Business Climate, British CBI Realized Sales and American CB Consumer Confidence stand out. Let’s dive into it… In Europe, French Consumer Spending opens the day. Later on, at 9:00 GMT, the German Ifo Business Climate will shake the Euro. It’s expected to be stable, at 83.2 points. Also Europe’s Current Account (-14.3 billion)
Forex Weekly Outlook – February 23-27 2009
The upcoming week features a few major releases: German Ifo Business Climate and CBI Realized Sales on Tuesday, British Revised GDP and American Existing Home Sales on Wednesday, British Nationwide HPI and Core Durable Goods Orders on Thursday and the American Prelim GDP on Friday. And of course there’s lots more. After gaining throughout the whole week just to lose everything on
Forex Daily Analysis – January 27th 2009
Forex trading shifts a gear on Tuesday. Highlight of the day are the German Ifo Business Climate, CBI Realized Sales in Britain, and the CB Consumer Confidence in the US. Yesterday, the dollar lost ground to the European majors. The Yen, in strong correlation with the dollar lost even more. The day begins early, with quarterly PPI data
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 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
Forex Weekly Outlook – December 29th 2008 – January 2nd 2009
This week, is still a holiday week. The year is changing Wednesday night. Januray 1st is a holiday, and the volume is usually low at this time of the year. But this time, the flames in the middle east are looming over the forex traders. The violent conflict in Gaza, that broke out 36 hours