Action Forex |
- U.K. Regional PMI (December)
- EU bond auctions show positive results; Fitch warns about further downgrades in the area
- AUDUSD stays in a upward price channel
- UniCredit Euro Inflation Update
- Economic Reports Underscore More Positives of the U.S. Economy
- Daily technical outlook
- U.K. Inflation (December)
- IMF wants to increase its resources to $1 trillion; Greece PSI deal nowhere in sight
- AUDUSD stays in a upward price channel
- UniCredit Euro Inflation Update
| Posted: 19 Jan 2012 03:48 AM PST INSIDE THE REPORT Stock recommendations and price targets from top brokerage firms Analysis and views on BoE Interest Rates and Ofcom's 4G Network Plans List of companies earnings which hit and miss the analysts' expectations Economic Indicators U.K. Regional PMI (December) Rightmove House Price Index (January) CML Regulated Mortgage Survey (November) Corporate Events Greene King inte |
| EU bond auctions show positive results; Fitch warns about further downgrades in the area Posted: 19 Jan 2012 03:47 AM PST Thursday bond auctions which were carried out in Spain and France witnesses a decline in borrowing costs in the first case and a solid demand in the second, which caused most European stocks to rise. The UK held a very successful auction, at which 4-year bond yields fell to a historic low. Spain sold 6.61 billion euro of various bonds out of a 3.5-4.5 billion euro target. The yield on 10-year papers rose to 5.40 |
| AUDUSD stays in a upward price channel Posted: 19 Jan 2012 03:39 AM PST AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9861. Support is at 1.0300, as long as this level holds, the price action from 1.0448 is treated as consolidation of uptrend, and one more rise towards 1.0600 is still possible. However, a breakdown below 1.0300 will indicate that a cycle top has been formed at 1.0448, then deeper decline to test 1.0145 key support could be seen. |
| UniCredit Euro Inflation Update Posted: 19 Jan 2012 03:23 AM PST There are no relevant changes to our projections compared to last week. In the eurozone, our forecast for October headline inflation remains 2.9% yoy, with downside risks. On HICP ex-tobacco, we expect 2.8% yoy, with upside risks. This month, we see two main sources of uncertainty on our eurozone forecasts: 1) how clothing/shoes prices will behave after the September jump; 2) the degree of pass-through of t |
| Economic Reports Underscore More Positives of the U.S. Economy Posted: 19 Jan 2012 03:20 AM PST Today's economic reports present a bullish picture of the U.S economy. Industrial production in December was strong and optimism of homebuilders improved in January, while wholesale prices fell. Industrial production rose 0.4% in December after declining 0.3% during November. The 0.9% jump in factory production, which accounts for the bulk of total industrial production, stands out in today's report after a 0. |
| Posted: 19 Jan 2012 03:10 AM PST The greatest pleasure in life is doing what people say you cannot do. ~ Walter Bagehot Good morning. Dollar keeps losing altitude as the correction continues, while risk-sensitive pairs follow stocks higher. Important releases today are the CPI and Initial Jobless Claims USD Index Now that 81 has been breached, next downside barrier to watch is in the 79.50-80 range. Correction is likely to continue EURUSD |
| Posted: 19 Jan 2012 03:09 AM PST INSIDE THE REPORT Stock recommendations and price targets from top brokerage firms Analysis and views on U.K Recession, London’s one Hyde Park and Expectation on Gold surge List of companies earnings which hit and miss the analysts' expectations Economic Events Scheduled on 17 January, 2012 Economic Indicators U.K. Inflation (December) DCLG House Price Index (November) Corporate Eve |
| IMF wants to increase its resources to $1 trillion; Greece PSI deal nowhere in sight Posted: 19 Jan 2012 03:08 AM PST According to IMF sources the organization intends to boost its lending capacity by 600 billion dollars in order to be better prepared to shield the global economy from the EU debt crisis. Eurozone nations will provide 150 billion dollars, while other EU member states might contribute 50 billion. Other G20 countries still remain undecided on whether to participate. This issue will be discussed at the upcoming G20 s |
| AUDUSD stays in a upward price channel Posted: 19 Jan 2012 03:07 AM PST AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9861. Support is at 1.0300, as long as this level holds, the price action from 1.0448 is treated as consolidation of uptrend, and one more rise towards 1.0600 is still possible. However, a breakdown below 1.0300 will indicate that a cycle top has been formed at 1.0448, then deeper decline to test 1.0145 key support could be seen. |
| UniCredit Euro Inflation Update Posted: 19 Jan 2012 03:06 AM PST We made no changes to our inflation forecasts. We see eurozone inflation easing only marginally in November, probably to 2.9% yoy. We confirm our view that April 2012 will see the first sub-2% reading. The FAO food price index, which leads food PPI and CPI, is down 9% from the February peak, and the downward trend is gathering momentum. In the eurozone, food PPI is already moderating substantially, |
| You are subscribed to email updates from Action Forex To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment