Stock, Commodity & FX Tips etc - all these tips must be posted in this thread

[kimipatel]

If Problem Still going more 1 or 2 day's. Any chance to shares will drop more?

[alayoua]

Market Overview by FXCC July 20 2012

The USD is weakened by lackluster jobs data as earnings soar.

Asian stocks are trading mixed early this morning with gains in China and Japan whereas the Kospi and Hang Seng indices show slight declines. The euro has also given up its overnight gains as it trades below the 1.23$ mark. Weaker jobs data from the US has increased pressure for the world’s largest economy. European shares soared to a four month high on Thursday as another string of estimate-beating corporate results surprised investors who had braced for a weak show. U.S. Stocks closed higher for a third-straight session in choppy trading Thursday, with the S&P 500 hitting its best level since May, but gains were limited following some disappointing economic reports that underscored ongoing weakness in the recovery.

On the economic front, German PPI is to be closely watched. These are expected to come in higher at -0.20%, versus the -0.30% previously. This could provide affect support to the euro in the European session. There are no major data releases from the U.S. Crude oil and gold continued to climb in yesterday's session with tensions in the mid east rising pressurizing prices


UPCOMING EVENTS :
2012-07-20 06:00 | GMT Germany - Producer Price Index (Jun)
2012-07-20 08:30 | GMT UK - Public Sector Net Borrowing (Jun)
2012-07-20 n/a | EMU - European Council meeting
2012-07-20 12:30 GMT | CAD - Consumer Price Index (Jun)

FOREX NEWS :
2012-07-20 04:26 GMT | EUR/USD waiting for Eurogroup below 1.2300
2012-07-20 02:35 GMT | USD/JPY at session lows, bear trend intact
2012-07-20 02:32 GMT | EUR/JPY at session lows below 96.50
2012-07-20 01:45 GMT | EUR/USD set to end week unchanged

---------------
EURUSD: 1.22628 / 1.22632
DAILY WEEKLY MONTHLY



1.2417 | 1.2370 | 1.2324
1.2231 | 1.2184 | 1.2138

SUMMARY : Down
TREND : Down trend
MA10 : Bullish
MA20 : Bearish
STOCHASTIC : Overbought


MARKET ANALYSIS - Intraday Analysis

The pair has worked out the Flag figure and declined to 1.21813. Despite the attempt above 1.2316, there is nothing about the action to suggest that this is an important turn. It’s possible that a high is already in place at 1.2316 but any additional strength should be capped by 1.2333. The pair managed to move above the middle resistance. It retested the level and is now trying to recapture 1.23. This upward move is probably a correction and the downtrend will resume toward 1.20. Support lies at 1.2210 and 1.2160.

--------------
GBPUSD : 1.57021 / 1.57026
DAILY WEEKLY MONTHLY



1.5856 | 1.5796 | 1.5756
1.5656 | 1.5596 | 1.5556

SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Overbought


MARKET ANALYSIS - Intraday Analysis

Signals are bullish as near term resistance at the 50 day MA 1.5629 has been broken, the pair is aiming to the MA 100 at 1.57071. The technical pattern is being reinforced by resistance created by the 1.5740 June 17th high. Further barriers above are likely to compound the sentiment, at the 1.5750 figure. MACD is additionally supportive of a short term retracement, showing a sharp bearish divergence in the hourly time frame. Supports are seen at the 21-DMA line at 1.5585 and then at the 10-DMA line at 1.5563. On the other hand, resistance levels are seen at 1.5722 and then at 1.5731 which is the 21-DMA upper Bollinger level.

---------------
USDJPY: 78.614 / 78.619
DAILY WEEKLY MONTHLY



79.245 | 79.025 | 78.885
78.525 | 78.300 | 78.165

SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold


MARKET ANALYSIS - Intraday Analysis

Technicals remain bearish and the decline continues following breach of 200 day MA 79.07 but signals are moving to the overbought zone. The pair is completing a Head and Shoulders, the first aim was 79.070 which is has broken and the 2nd aim is at 78.345 to complete the move. It has breached temporary support from the lower channel line of the move down and it is possible it may rebound from here although there is not strong reversal pattern yet. A move above the 76.4% Fibonacci line at 79.02 would encourage an upward reaction.

Source: FX Central Clearing Ltd

[alayoua]

Market Overview by FXCC July 23 2012

Spain Weighs On Global Markets

US markets closed down after worries about Spain continued to flourish. After positive earnings reports all week, markets slumped on Friday. This morning Asian markets are tumbling following Wall Street's lead. Global markets are not in such a positive mood this Monday morning, and the catalysts behind this mood swing are fairly thin but rooted in intensifying concerns about funding pressures affecting stressed European sovereign credits and China’s persistent bias in favor of tight property lending conditions.

Currency markets are reinforcing the negative mood with almost all of the major crosses pushing lower against the USD except for the yen. The commodities complex is also correcting lower with oil and gold off and mixed performances being put in across the metals and agricultural commodities. Spain’s funding costs are getting are surging with the 10 year note back up above 7% at the time of writing.


UPCOMING EVENTS :
2012-07-23 07:00 GMT | Switzerland - Monthly Statistical Bulletin (Jul)
2012-07-23 12:30 GMT | US - Chicago Fed National Activity Index (Jun)
2012-07-23 14:00 GMT | EMU - Consumer Confidence (Jul)
2012-07-24 02:30 GMT | China - HSBC Manufacturing PMI (Jul)

FOREX NEWS :
2012-07-23 04:42 GMT | GBP/USD down 0.3%, support at 1.5550
2012-07-23 04:22 GMT | EUR/USD trading at fresh 2-year lows above 1.2100
2012-07-23 03:54 GMT | GBP/JPY hits fresh 6-week low sub-122.00
2012-07-23 03:45 GMT | EUR/JPY drops below 95.00, MoF watching closely

----------
EURUSD : 1.20996 / 1.21001
DAILY WEEKLY MONTHLY



1.2216 | 1.2159 | 1.2136
1.2080 | 1.2026 | 1.1969

SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold


MARKET ANALYSIS - Intraday Analysis

Technicals are bearish- 1.22 is key psychological level to watch as movement declines from congestion near 1.2150. Price is currently holding at 1.2113, with strong resistance at 1.2100. Short term and long signals are all aligned with strong sell signals. Our outlook remains bearish. MA's are all in the red, Stochastic is reading sell and MACD and ADX support the bearish bias. The question is how far can the euro fall? 1.21 is going to be a difficult number to break through. There is a strong chance that the pair will be rangebound between the 1.21 to 1.22 level today.

----------------
GBPUSD : 1.55666 / 1.55672
DAILY WEEKLY MONTHLY



1.5694 | 1.5653 | 1.5616
1.5552 | 1.5515 | 1.5480

SUMMARY : Neutral
TREND : Up trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Overbought


MARKET ANALYSIS - Intraday Analysis

Technicals remain neutral - unable to breach 200 day MA 1.5751 suggests limited upside potential; with downside support is at 50 day MA 1.5622 which was shattered in early trading. The pair just fell right through the support line and continued to decline. This does not change our outlook for today, we remain neutral. Short term signals are reading bearish, but when we move out to near term and long term, signals are mixed and confused.

----------------
USDJPY : 78.067 / 78.069
DAILY WEEKLY MONTHLY



78.810 | 78.605 | 78.425
77.985 | 77.800 | 77.645

SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold


MARKET ANALYSIS - Intraday Analysis

Technicals are bearish with RSI at 38 indicates potential for continued decline. Congestion at 78.20 - 78.00 is likely, with significant support expected at 78.00. If the pair breach the 78.00 then a run to 77.15 is likely. Short term and long term are all in the red and our bias is bullish. The pair at this writing is close to the 78.15 mark, keep an eye on the 78.00, it will tell the story.

Source: FX Central Clearing Ltd,

[moneymaker01]

STOCK MARKET
The BSE Sensex and NSE Nifty extended fall due to further fall in rupee and index heavyweights. The Indian rupee fell by 50 paisa to 55.82 against the US dollar.
The 30-share BSE benchmark lost 173.40 points or 1.01% to 16,985.04 and the 50-share NSE benchmark went down 55.05 points or 1.06% to 5,150.05, but the broader markets were down just 0.4%-0.7%.

Cigarette major ITC and software services exporter Infosys were down 1% each.

Country's largest lenders State Bank of India, ICICI Bank and HDFC Bank too fell 1% each. State-owned oil & gas producer ONGC and top telecom operator Bharti Airtel tanked 2% each.



COMMODITY

In commodity market, MCX gold has raised by 0.23 % due to fall in rupees and traded on Rs 29345.00 per 10 gm while silver has record lose of 138.00 points (026%) decrease and currently traded on RS 52704.00 per kg. MCX Exchange’s scripts has extends down trend as zinc, nickel, copper, aluminum and crude oil has down trend today.
On the other hand, NCDEX PEPPER and BARLEY, down by 245 and 26.5 points and traded on Rs 43030 and 1537 per Quintal. While GUR, CHANA is traded on 1190 and 5038 with 2.01 and 0.16 points gain.

[alayoua]

Market Overview by FXCC July 24 2012

Eurozone problems finally come to rest in Germany.

As if the markets could not take one more blow, yesterday, Moody's Investor Service took the first step toward stripping Germany of its coveted AAA credit rating, cutting the outlook for Europe's largest and most pivotal economy to "negative".Delivering a stark warning on Monday that no one is immune from the eurozone's rolling crisis, the ratings agency lowered Germany's credit outlook from "stable" to "negative". A similar move was announced for fellow AAA ranked economies, the Netherlands and Luxembourg. US stocks have skidded amid a global sell-off on renewed eurozone sovereign debt concerns that Spain was headed for a bailout and Greece could exit the eurozone. Spain's borrowing costs on Monday struck highs considered unsustainable, sparking fears that the eurozone's fourth-largest economy may require a bailout.

The Dow Jones Industrial Average recovered from a loss of over 200 points to close at 12,721.46, down 101.11 points, or 0.79 per cent, putting in a second straight day in negative territory. Asian equities this morning have opened down, but seem to be on hold as investors digest yesterday's Wall Street action and try to interpret the Moody's downgrade.


UPCOMING EVENTS :
2012-07-24 07:58 GMT | EMU - Markit Manufacturing PMI (Jul)
2012-07-24 08:30 GMT | UK - BBA Mortgage Approvals (Jun)
2012-07-24 12:30 GMT | CANADA - Retail Sales (May)
2012-07-24 12:58 GMT | US - Markit Manufacturing PMI (Jul)

FOREX NEWS :
2012-07-24 04:59 GMT | Yen poised to outperform in general - BBH
2012-07-24 04:30 GMT | EUR/USD below 1.2150 ahead of Spanish auction
2012-07-24 04:21 GMT | GBP/USD stagnant above 1.55 ahead of Europe
2012-07-24 03:25 GMT | AUD/USD, 1.03 proves tough; RBA speech underway

------------------
EURUSD : 1.21226 / 1.21232
DAILY WEEKLY MONTHLY



1.2233 | 1.2189 | 1.2156
1.2079 | 1.2035 | 1.2002

SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold


MARKET ANALYSIS - Intraday Analysis

Technicals are bearish, all signals point same direction; RSI at 31 still has some downside room. But we see a choppy sideways rally from the 1.2160 area to the 1.2320 area. The euro's strong downtrend continues to be in place as the prices have remained firmly below the declining 21-day moving average. Below 1.2145 we have the next Fibonacci level at 1.1820 and this is now the next downside target. Supports are seen at the 21-DMA lower Bollinger line 1.2055, followed by 1.1985 and 1.1957 with resistance levels at the 10-DMA line at 1.2231 and then at 1.2282.

--------------
GBPUSD : 1.55254 / 1.55262
DAILY WEEKLY MONTHLY



1.5715 | 1.5663 | 1.5590
1.5465 | 1.5416 | 1.5340

SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Overbought


MARKET ANALYSIS - Intraday Analysis

Technicals remain bearish breaching support at 50 day MA 1.5540 leaves 1.5450 as next important level for support; bullish MACD stands in contrast to other bearish indicators. The daily trend remains sideways but our outlook continues to point lower. A move below 1.5390 will virtually confirm the bearish bias and should lead to the long-anticipated downside acceleration toward 1.35 eventually. Supports are seen at 1.5414, 1.5393 and then at 1.5375, with resistance levels at the 55-DMA line at 1.5654 and then at 1.5738.

---------------
USDJPY : 78.323 / 78.328
DAILY WEEKLY MONTHLY



79.055 | 78.765 | 78.530
78.000 | 77.710 | 77.475

SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold


MARKET ANALYSIS - Intraday Analysis

Technicals remain bearish flirting with 78.00, RSI approaches 30; support at June low of 77.66 The USD fell below our stop level at 78.61, which proved to be inadequate. In the short term the immediate pressure is on the downside, but the larger-degree trend is sideways. The downside will likely be limited and a move below 76.00 will not occur at this stage. On the upside, we need a firm and sustained break above 80.60 any major shift.

[alayoua]

Market Overview by FXCC July 27 2012

ECB's Draghi's vow to save the monetary union sends markets climbing.

Concerns are also growing about global growth. The IMF said in a report today that China's slowing economy faces significant downside risks and relies too much on investment. While the economy “seems to be undergoing a soft landing”. US stocks advanced ahead of a report that may show demand for new homes rose in June and amid concern Spain may need a full bailout as Europe's debt crisis worsens. Broadcom Corp rose 2.6% after it forecast third- quarter sales that may beat analysts' estimates. And as European Central Bank President Mario Draghi said policy makers will do everything in their power to ensure a survival of the Euro.

Apple Inc. fell 4.7% in Germany after reporting profit and sales that missed analysts' projections. Netflix Inc. dropped 17% after it raised doubts about whether it can meet its user-growth targets this year. Japanese stocks fell, with the Topix Index posting its biggest four-day drop since August, as the Yen traded near an 11-year high against the euro amid concern Europe's debt crisis is worsening. The MSCI Asia Pacific Index dropped 1% today as Greece's creditors met to assess how far the debt-stricken nation has strayed from bailout terms Weakness in the euro became more evident throughout the day, as investors lost confidence in any results from the EU Summit and their grand plan, markets want action to help correct today's problems, not plans for the future, when their maybe no EU or euro.



UPCOMING EVENTS :
2012-07-27 12:00 GMT | Germany - Consumer Price Index (Jul)
2012-07-27 12:30 GMT | US - Gross Domestic Product Annualized (Q2)
2012-07-27 12:30 GMT | US - Personal Consumption Expenditures Prices (Q2)
2012-07-27 13:55 GMT | US - Reuters/Michigan Consumer Sentiment Index (Jul)

FOREX NEWS :
2012-07-27 04:22 GMT | EUR/USD, hangover sub-1.2300
2012-07-27 02:47 GMT | GBP/JPY rally interrupted by 21 EMA
2012-07-27 02:07 GMT | Moving to period of EUR/USD weakness, rising global risk premia - Nomura
2012-07-27 01:40 GMT | US Q2 GDP weakness should be confirmed - Standard Chartered

----------
EURUSD : 1.22932 / 1.22935
DAILY WEEKLY MONTHLY



1.2577 | 1.2453 | 1.2366
1.2155 | 1.2031 | 1.1944

SUMMARY : Neutral
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Oversold


MARKET ANALYSIS - Intraday Analysis

Technicals are bearish, but candlesticks suggest momentum is turning. The close at 1.2288 opens up a test to 1.2455; however the risk reward remains poor. The anticipated reversal has materialized in the EURUSD and we can now focus on how far the rally is likely to extend, the 1.23 level is an important psychological number. Supports are seen at 1.2200, 1.2118 and then at 1.2100 and, resistance levels are seen at 1.2334 and then at 1.2401. Yesterdays movements have indicators and oscillators behind, this is a good sit it out situation.

---------------
GBPUSD : 1.56847 / 1.56850
DAILY WEEKLY MONTHLY



1.6034 | 1.5879 | 1.5781
1.5528 | 1.5373 | 1.5275

SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

Technicals are well mixed, between short term, near term and long term. Support is expected at the July 12th low at 1.5394, with resistance at the 200 day MA 1.5746. The outlook shows a downward movement towards the 1.5550 zone of support. A rise above 1.5700 may lead to a test of the 1.5730 resistance level. Supports are seen at 1.5600, 1.5500 and then at 1.5458 and resistance levels are seen at 1.5738 and then at the 200-DMA line at 1.5747.

-------------
USDJPY : 78.231 / 78.233
DAILY WEEKLY MONTHLY



79.170 | 78.785 | 78.445
78.105 | 77.770 | 77.315

SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold


MARKET ANALYSIS - Intraday Analysis

Technicals continue to read bearish and suggest further downward movement, despite consolidation in the past two sessions. Trading is in the narrow range of 78.243 and 78.054 at the time of writing. The pair is likely to fluctuate within the resistance level of 78.404 and the support level of 77.942. After the break of 79.00 the short-term bias is to the downside towards the 77.65 level. In the long term, however, we expect a bullish scenario: a test of the 83.00 resistance level. Supports are seen at 77.94/65 and then at 77.36 and resistance levels are seen at 78.28 and then at 78.54.

Source: FX Central Clearing Ltd, (Forex Rate | Forex News | ECN Forex Broker | FXCC)

[alayoua]

Market Overview by FXCC July 30 2012

Asian markets rise on hopes for Eurozone action

The week is starting higher, with the Asian markets on the “green” as the Fed, ECB and BoE prepare a new round of policy decisions and the respective announcement. Japan’s Nikkei Stock Average (+0.55%), South Korea’s Kospi (+0.79%), Australia’s S&P/ASX 200 (+0.95%), Hong Kong’s Hang Seng (+1.50%) edged higher, following the market mood triggered by news of action to be taken by the ECB/EFSF to tackle the debt crisis and pressure over Spain and Italy.

Futures for the German DAX 30 and French CAC 40 are signaling a lower open by -0.40% in a corrective movement from Friday’s rally. Spain and Italy will be selling debt during the European session, including Italian 10-year bonds. WTI crude oil trades at 90.33 (+0.25%) and Gold is quoting at 1618 (-0.30%).


UPCOMING EVENTS :
2012-07-30 08:30 GMT | UK - Consumer Credit (Jun)
2012-07-30 09:00 GMT | EMU - Consumer Confidence (Jul)
2012-07-30 10:00 GMT | UK - CBI Distributive Trades Survey (Jul)
2012-07-30 14:30 GMT | US - Dallas Fed Manufacturing Business Index (Jul)

FOREX NEWS :
2012-07-30 06:35 GMT | GBP/USD in red ahead of UK data
2012-07-30 05:56 GMT | EUR/USD hovering over 1.2300
2012-07-30 04:20 GMT | EUR/JPY hovers around 95.50, below 21 EMA
2012-07-30 03:31 GMT | EUR/USD may attempt rally towards 1.25 this week - UBS

--------------
EURUSD : 1.22768 / 1.22771
DAILY WEEKLY MONTHLY



1.2522 | 1.2424 | 1.2332
1.2241 | 1.2172 | 1.2075

SUMMARY : Up
TREND : Downward penetration
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

The pair formed fresh high at 1.2390 on Friday and consolidated on the Asian session today. The main trend direction on the medium term is Bullish. Main tendency development is possible above our next resistance level at 1.2332 (R1). Further appreciation might then be limited by 1.2424 (R2) and 1.2522 (R3) levels. The downside movement is protected by next support at 1.2241 (S1). Confident surpassing of this level will open road to the target at 1.2172 (S2).

----------------
GBPUSD : 1.56971 / 1.56974
DAILY WEEKLY MONTHLY




1.5893 | 1.5834 | 1.5768
1.5666 | 1.5591 | 1.5523

SUMMARY : Up
TREND : Downward penetration
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

Today in focus UK Mortgage Approvals release at 08:30 GMT in the European trading session. From the technical side further upside trend development is the main scenario however correction is possible. Breaking out of next resistance level at 1.5768 (R1) would suggest next targets at 1.5834 (R2) and 1.5893 (R3). Loss of our support at 1.5666 (S1) would suggest next target at 1.5591 (S2). Further retracement is limited by last support level at 1.5523 (R3) intraday.

--------------
USDJPY : 78.362 / 78.366
DAILY WEEKLY MONTHLY



79.05 | 78.87 | 78.68
78.26 | 78.06 | 77.86

SUMMARY : Up
TREND : Downward penetration
MA10 : Bearish
MA20 : Bullish
STOCHASTIC : Overbought


MARKET ANALYSIS - Intraday Analysis

After the few days moving in sideways Instrument made an attempt on Friday to go higher and formed fresh high at 78.68, currently our next resistance level. Today pair might try to retest this level later on today. A break above the resistance level at 78.68 (R1) would suggest next target at 78.87 (R2). If the price holds its momentum on the upside we can expect a further rise towards to 79.05 (R3). On the other hand, if the price does not manage to break above 78.68 (R1) we can expect the pair to retest support at 78.26 (S1) and a further fall will be targeted at 78.06 (S2) and 77.86 (S3), the final one for today.

Source: FX Central Clearing Ltd

[alayoua]

Market Overview by FXCC Aug 01 2012

China's housing sector has begun to recover

Standard Chartered proprietary survey of 30 developers has just been released, supporting the bank's macro-view that the sector has begun to recover. The bank concludes "land and apartment prices appear to have bottomed as appartment sales volumes pick up, with local policy loosening supporting the market" the report notes. While Standard Chartered believes it will be a long, hard slog back to boom, they are starting to gather growing positive indications that a recovery appears to have begun as noted above. "Our proprietary survey of 30 developers across the country suggests that apartment sales are rising in many cities, helped by price cuts and a shift in sentiment" the team adds.

The HSBC Manufacturing Purchasing Managers Index (PMI) remains in contractionary territory, having posted a 49.3 reading in July from a revised 48.2 in June, signaling only a marginal deterioration in Chinese manufacturing sector operating conditions, according to Markit Economics. The month-on-month increase in the index was the largest in 21 months, as manufacturing output rose for first time in five months.


UPCOMING EVENTS :
2012-08-01 08:30 GMT | United Kingdom Markit Manufacturing PMI (Jul)
2012-08-01 14:00 GMT | U.S. ISM Manufacturing PMI (Jul)
2012-08-01 18:15 GMT | United States Fed Interest Rate Decision
2012-08-01 18:15 GMT | United States Fed's Monetary Policy Statement

FOREX NEWS :
2012-08-01 04:50 GMT | USD/JPY at attractive levels for establishing longs - RBS
2012-08-01 04:03 GMT | AUD/USD to hold its ground in the short term - OCBC
2012-08-01 03:15 GMT | GBP/JPY prints fresh weekly lows above 122.00
2012-08-01 01:39 GMT | USD/JPY bounces back to 78.00 after China PMI dip

----------------
EURUSD : 1.23136 / 1.23140
DAILY WEEKLY MONTHLY



1.2460 | 1.2390 | 1.2332
1.2249 | 1.2174 | 1.2099

SUMMARY : Up
TREND : Upward penetration
MA10 : Bearish
MA20 : Bullish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

Today major market drivers would be US ISM Manufacturing PMI announcement at 14:00 GMT and the US Fed Interest Rate Decision at 18:15 GMT. Technically, we expect increase of volatility later on today and break one of our suggested levels. Clearance of next resistance level at 1.2332 (R1) would open road to the next targets at 1.2390 (R2) and 1.2460 (R3). From the other side, loss of next support at 1.2249 (S1) might encourage executing of orders and drive market price towards to the next targets at 1.2174 (S2) and 1.2099 (S3) levels.

-------------
GBPUSD : 1.56709 / 1.56715
DAILY WEEKLY MONTHLY



1.5875 | 1.5804 | 1.5732
1.5625 | 1.5552 | 1.5469

SUMMARY : Up
TREND : Upward penetration
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

GBPUSD consolidated after the upwards movement on the last week and ready to go for new targets. Next news in focus from UK is Manufacturing PMI for July at 08:30 GMT that might push market higher or encourage deeper correction. Next important technical resistance stay at 1.5732 (R1), brake here is required for market expansion to the targets at 1.5804 (R2) and 1.5875 (R3). Failure to go higher might push markets to retest previous day low at 1.5625 (S1), which is currently our next support level. Brake here would suggest next target at 1.5552 (S2) and any further fall would then be limited by last support at 1.5469 (S3).

-----------------
USDJPY : 78.143 / 78.146
DAILY WEEKLY MONTHLY



78.49 | 78.32 | 78.18
77.91 | 77.74 | 77.58

SUMMARY : Sideway
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

From the technical side picture on the USDJPY is not clear. Market trades in consolidation mode and sentiment looks balanced. We suggest waiting for clear directional signal, any macroeconomic data release might affect current situation. Next resistance levels for today stay at 78.18 (R1) and 78.32 (R2) in focus. Support levels locates at 77.91 (S1) and 77.74 (S2).

Source: FX Central Clearing Ltd,

[alayoua]

Market Overview by FXCC Aug 02 2012

EUR/USD around 1.2250, the ECB has come

Despite London session ahead will bring almost no macro data EUR related but EU PPI at 09:00 GMT, today will be a busy day mainly focused on Spain with Italian PM Monti traveling to Madrid to meet Rajoy according to newspaper elpais.com, Spanish unemployment change at 07:00 GMT, and most importantly, Spanish Tesoro selling up to € 3B in different maturities from 2 to 10 years, with last 10 year bond yielding 6.43% in last auction, and closing yesterday at 6.72% after 4 day fall from euro era highs at 7.74% one week ago.

But that will only be an introduction to main risk event of the week for Euro, with ECB meeting delivering the interest rate statement at 11:45 GMT followed 45 minutes later by very much awaited Draghi's speech, which will confirm or deny the expectations created past week with his words.


UPCOMING EVENTS :
2012-08-01 09:00 GMT | EMU - Producer Price Index (YoY) (Jun)
2012-08-01 11:00 GMT | UK - BoE Interest Rate Decision
2012-08-01 11:45 GMT | EMU - ECB Interest Rate Decision
2012-08-01 14:00 GMT | US - Factory Orders (MoM) (Jun)

FOREX NEWS :
2012-08-02 04:28 GMT | GBP/USD steady below 1.5550; ECB, BoE eyed
2012-08-02 03:01 GMT | ECB may be building a bridge to nowhere - Megan Greene
2012-08-02 02:19 GMT | USD/JPY bulls trek above 78.50
2012-08-02 01:41 GMT | AUD/USD attacking 1.0480 resistance post Aus sales

----------------
EURUSD : 1.22534 / 1.22535
DAILY WEEKLY MONTHLY



1.2390 | 1.2332 | 1.2277
1.2217 | 1.2158 | 1.2100

SUMMARY : Down
TREND : Sideway
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold


MARKET ANALYSIS - Intraday Analysis

EURUSD made an attempt to go higher yesterday but fail to establish positive bias and dropped below suggested support level at 1.2249. Today we expect further depreciation as main scenario however clearance of next resistance at 1.2277 (R1) will open way for next target attack at 1.2332 (R2). If we see loss of next support level at 1.2217 (S1), next expected targets would be at 1.2158 (S2) and 1.2100 (S3). Close attention to the important news releases today. EMU announce ECB Interest Rate Decision at 11:45 GMT.

--------------
GBPUSD : 1.55558 / 1.55567
DAILY WEEKLY MONTHLY



1.5732 | 1.5654 | 1.5583
1.5522 | 1.5458 | 1.5391

SUMMARY : Down
TREND : Sideway
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

Yesterday instrument broke our suggested support level at 1.5625 and successfully achieved next target at 1.5552. From the technical side intraday sentiment is negative as both moving averages are pointing down. Fall below support level at 1.5522 (S1) would suggest next targets at 1.5458 (S2) and 1.5391 (S3). On the other side, brake of next resistance at 1.5583 (R1) might lead to the development of correction with next intraday target at 1.5654 (R2). Appreciation above this level enable next target at 1.5732 (R3) and suggest us about the trend reversal. Today in focus Bank of England Interest rate decision and asset Purchase Facility release at 11:00 GMT as major market drivers.

---------------
USDJPY : 78.466 / 78.471
DAILY WEEKLY MONTHLY



78.82 | 78.68 | 78.54
78.31 | 78.12 | 77.92

SUMMARY : Up
TREND : Upward penetration
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

Market gained momentum yesterday and met our final target at 78.49. Volatility increase might be a signal of uptrend development and we expect new highs forming today. Next resistance holds at 78.54 (R1). Rise above this level will provide space for further appreciation towards to next expected target at 78.68 (R2), strong technical level. Brake here is required to enable higher target at 78.82 (R3). On the other hand, decrease of the price below next support level at 78.31 (S1) would suggest target at 78.12 (S2) and any further loss then will be limited by final support at 77.92 (S3).

Source: FX Central Clearing Ltd

[alayoua]

Market Overview by FXCC Aug 07 2012

BoJ may tweak its operations again; no major policy changes

The BOJ is expected to leave its major policies unchanged at the meeting on August 8-9, unless USDJPY declines substantially, says Nomura strategist Yujiro Goto. "We think the Bank may tweak its operation slightly again to make its JGB buying operation easier" he said. This time, two new board members, Mr. Sato and Mr. Kiuchi, will attend the meeting for the first time. "If either or both of the new board members dissent against the governor, USDJPY would likely rise, but only until the market realizes that one or two dissents are unlikely to lead to any imminent radical policy shift" Mr. Goto notes. Nonetheless, "the new board members‟ inflation forecasts are likely to be more pessimistic and, thus, we think it worth watching for any changes to the BOJ's economic and inflation assessments" Nomura strategist adds. Keep an eye on any discussion about BOJ foreign bond buying too, Mr. Goto concluded.

In the European session ahead, the June UK Industrial Production and Manufacturing data will be risk event for GBP, due for release at 08:30 GMT. Later in the day, the National Institute of Economic and Social Research GDP Estimate is scheduled for release at 14:00 GMT. (fxstreet.com)


UPCOMING EVENTS :
2012-08-07 08:30 GMT | United Kingdom. Industrial Production (YoY) (Jun)
2012-08-07 14:00 GMT | United Kingdom. NIESR GDP Estimate (3M) (Jul)
2012-08-07 18:30 GMT | United States. Fed's Bernanke Speech
2012-08-07 23:50 GMT | Japan Trade Balance - BOP Basis (Jun)

FOREX NEWS :
2012-08-07 04:21 GMT | GBP/USD hovers below 1.56 late in Asia
2012-08-07 01:48 GMT | AUD bulls should keep closer eye on FED, ECB than RBA
2012-08-07 00:57 GMT | EUR/USD to continue resisting downside dips
2012-08-07 00:24 GMT | USD/JPY seeking test of US lows; Semi-official bids near 78.00

--------------
EURUSD : 1.23800 / 1.23803
DAILY WEEKLY MONTHLY



1.2595 | 1.2519 | 1.2443
1.2368 | 1.2298 | 1.2222

SUMMARY : Sideway
TREND : Downward penetration
MA10 : Bullish
MA20 : Bearish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

Market stabilized yesterday after the Friday’s gains. Medium term bias is positive however today we expect correction as main scenario. Our resistance levels remain the same as yesterday. Potential of going higher is seen above next resistance at 1.2443 (R1), surpassing of this level would suggest next targets at 1.2519 (R2) and 1.2595 (R3). If it fail to go higher, we might see further retracement development below next support at 1.2368 (S1) with next target at 1.2298 (S2). Achieving of the support levels might lead to the further instrument strengthening.

------------
GBPUSD : 1.55719 / 1.55728
DAILY WEEKLY MONTHLY



1.5713 | 1.5666 | 1.5618
1.5574 | 1.5529 | 1.5490

SUMMARY : Sideway
TREND : Downward penetration
MA10 : Bearish
MA20 : Bullish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

Today in focus United Kingdom Industrial Production release at 08:30 GMT. Pair is quoting roughly -0.10% below its opening price and we expect increasing of the volatility later on today. Technically next support level locates at 1.5574 (S1), pushdown of the price is possible below this level. We suggest next targets at 1.5529 (S2) and 1.5490 (S3). Failure to go lower suggested support level will put in focus our resistance level at 1.5618 (R1), brake here would suggest next targets at 1.5666(R2) and 1.5713 (R3).

-----------
USDJPY : 78.274 / 78.278
DAILY WEEKLY MONTHLY



78.77 | 78.57 | 78.37
78.13 | 77.92 | 77.70

SUMMARY : Up
TREND : Upward penetration
MA10 : Bullish
MA20 : Bearish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

Today we have important news from Japan that might establish trading tone for Asian session - Japan Trade Balance at 23:50 GMT. Technically, USDJPY remain to be traded in range mode. Successful attack of next resistance level at 78.37 (R1) will provide market with a new target at 78.57 (R2). On the other hand, possible execution of protective orders below next support level at 78.13 (S1) might drive market price toward to our suggested targets at 77.92 (S2) and 77.70 (S3).

Source: FX Central Clearing Ltd

[alayoua]

Market Overview by FXCC Aug 08 2012

UK inflation report should keep GBP under pressure

The Inflation Report, due out at 9.30GMT today, has potential to influence the near-term GBP outlook, says RBS strategy team. "While the MPC will not want to be backed into a corner on cutting the base rate ahead of an assessment of the FLS (Funding for Lending Scheme), there should be enough dovish sentiment to keep GBP under pressure" RBS notes.

A quiet session ahead in London in terms of EUR macro data related, starting at 06:00 GMT with German current account and trade balance, followed 30 minutes later by French BoF business sentiment, and trade balance 15 minutes after, Spanish industrial production at 07:00 GMT, and probably most important, German industrial production at 10:00 GMT. In the sovereign debt front Germany will auction up to € 4B in 10 year bunds at 06:00 GMT, with 10 year yields on the rise since record lows at 1.12% on July 23, last at 1.48%. (fxstreet.com)


UPCOMING EVENTS :
2012-08-08 09:30 GMT | U.K. Bank of England Quarterly Inflation Report
2012-08-08 10:00 GMT | Germany. Industrial Production (YoY) (Jun)
2012-08-08 17:00 GMT | U.S. 10-Year Note Auction
2012-08-08 23:50 GMT | Japan. Foreign bond investment

FOREX NEWS :
2012-08-08 04:37 GMT | EUR/USD pegged near 1.24 for third day
2012-08-08 04:37 GMT | GBP/USD flat as market awaits UK inflation outlook
2012-08-08 03:57 GMT | BoE to lower inflation, GDP growth forecasts - UBS
2012-08-08 03:47 GMT | USD/JPY calmed around 78.50 ahead of BoJ


EURUSD : 1.23902 / 1.23907
DAILY WEEKLY MONTHLY



1.2595 | 1.2519 | 1.2443
1.2368 | 1.2298 | 1.2222

SUMMARY : Up
TREND : Sideway
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

EURUSD made an attempt to go higher yesterday but fail to climb above our suggested resistance level at 1.2443 (R1), strong technical level. We expect retest of this level later on today. Brake here is required to enable next targets at 1.2519 (R2) and 1.2595 (R3). At the moment instrument is moving towards to our next support levels at 1.2368 (S1). If it breaks below it we expect the price to form a correction towards to next support at 1.2298 (S2) and then we might see reversal of tendency (daily).

--------------
GBPUSD : 1.56082 / 1.56091
DAILY WEEKLY MONTHLY



1.5768 | 1.5726 | 1.5683
1.5588 | 1.5545 | 1.5503

SUMMARY : Sideway
TREND : Downward penetration
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

GBPUSD appreciated yesterday above our suggested resistance level at 1.5618 and met our target at 1.5666. Next resistance level for today locates at yesterday high – 1.5683 (R1). Brake here would suggest next target at 1.5726 (R2) and any further rise will then be limited to 1.5768 (R3). However, we expect the price to retest our next support level at 1.5588 (S1). A break below that level would suggest next targets at 1.5545 (S2) and 1.5503 (S3). In focus Bank of England Quarterly Inflation Report at 09:30 GMT that might bring additional volatility on the markets.

---------------
USDJPY : 78.423 / 78.429
DAILY WEEKLY MONTHLY



79.26 | 79.00 | 78.77
78.37 | 78.13 | 77.92

SUMMARY : Up
TREND : Sideway
MA10 : Bearish
MA20 : Bullish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

USDJPY rose yesterday and met our suggested target at 78.57. Strong psychological level stay at 78.77 (R1), brake here might determine medium term trend development and change of the market sentiment. In such scenario we would suggest targets at 79.00 (R2) and 79.26 (R3). On the other hand market still moves in range mode and break below next support level at 78.37 (S1) might expose our next target at 78.13 (S2). Further intraday fall with then be limited to 77.92 (S3), final support of the medium term sideways channel.

Source: FX Central Clearing Ltd

[alayoua]

Market Overview by FXCC Aug 09 2012

BOJ: no change in policy

The BoJ monetary policy decision is out and as most participants expected - not a clear cut as in previous months - , the central bank has kept the asset purchase fund at 45 trillion yen, with the credit Loan program also unchanged at 25T yen. Total size of Asset-Purchase Program remains at Y70 trillion. Central bank statement said economy picking up moderately. The Japanese GDP figures will be released next week.

Looking at the economic agenda for the London session ahead one should think another quiet session is around the corner, though with such extreme low liquidity given summer time holidays in Europe and London Olympics in the middle of the final series, any unexpected headline coming from nowhere could make things change in the blink of an eye. Still, no major sovereign debt auctions are scheduled from the EZ, and troubled countries Spain and Italy's 10y yields stay on check right below the 7% in the Spanish case and right below the 6% for his Latin neighbor. (fxstreet.com)


UPCOMING EVENTS :
2012-08-09 08:00 GMT | E.M.U. ECB Monthly Report
2012-08-09 08:30 GMT | U.K. Goods Trade Balance (Jun)
2012-08-09 12:15 GMT | CANADA. Housing Starts (Jul)
2012-08-09 12:30 GMT | U.S. Trade Balance (Jun)

FOREX NEWS :
2012-08-09 04:28 GMT | GBP/USD sideways below 100 EMA; UK trade accounts ahead
2012-08-09 02:53 GMT | EUR/USD: break of key levels eyed – V.Bednarik
2012-08-09 02:29 GMT | AUD/JPY rallies capped below key Fibo resistance
2012-08-09 01:40 GMT | China: July CPI prints 1.8% YoY, beating expectations

-----------------
EURUSD 1.23692 / 1.23695
DAILY WEEKLY MONTHLY



1.2595 | 1.2519 | 1.2443
1.2325 | 1.2243 | 1.2148

SUMMARY : Up
TREND : Upward penetration
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

As we expected yesterday, EURUSD continued to move in correction mode. Pair dropped below our suggested support level at 1.2368 but did not manage to gain momentum reversed on the US session. Today we are not expecting significant volatility increase however ECB Monetary report release at 08:00 GMT time might affect the markets. If the break occurs above next resistance level at 1.2443 (R1), we suggest next targets at 1.2519 (R2) and 1.2595 (R3). The downside trend evolvement is limited by next support level at 1.2325 (S1), surpassing of which might lead to the next targets at 1.2243 (S2) and 1.2148 (S3).

------------------
GBPUSD : 1.56649 / 1.56658
DAILY WEEKLY MONTHLY



1.5816 | 1.5755 | 1.5696
1.5653 | 1.5606 | 1.5554

SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

GBPUSD moved below expected support level at 1.5574 but failed to develop success and recover all daily losses. A further increase will then bring focus to the next resistance levels at 1.5696 (R1) and 1.5755 (R2). Final resistance can be found at 1.5816 (R3) level. Likely we might see retracement from previous day gains. Next support level holds at 1.5653 (S1). A break below that level would suggest next target at 1.5606 (S2), further fall will then focus on the next target at 1.5554 (S3).

--------------
USDJPY : 78.506 / 78.509
DAILY WEEKLY MONTHLY



79.00 | 78.78 | 78.58
78.23 | 78.05 | 77.86

SUMMARY : Sideway
TREND : Sideway
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

Technically, instrument moved in range mode. In such situation we suggest to wait for clear signal of sentiment change. For long positions we suggest intraday targets at 78.58 (R1) and 78.78 (R2), clearance here is required for sentiment change to bullish and further appreciation might find final resistance at 79.00 (R3). Short positions might face supports at 78.23 (S1) and 78.05 (S2). Strong technical support located at 77.86 (S3), brake here would suggest of sentiment change to bearish.


Source: FX Central Clearing Ltd

[apeksha365]

Stocks and NIFTY today

The Sensex opened on a positive note led by gains in Mahindra & Mahindra, Wipro, Tata Motors and Jindal Steel on the back of positive cues from Asian peers. According to analysts, market is likely take cues from June IIP data to be released later today.

India's industrial output is expected to shrink to 0.9 per cent as compared to 2.4 per cent recorded in the month of May, weighed down by high interest rates, fall in capital expenditure by India Inc., policy inaction and contraction in demand, according to ET Now Poll.

Shares of Cairn India slipped over 2 p[er cent on profit booking as CEO Rahul Dhir will quit the company at the end of this month.

Bharti Airtel slipped over 4 per cent to hit its 52-week low of Rs 261.85, a day after the telecom major posted its 10th straight quarter of profit decline as cut-throat competition squeezed margins.

[alayoua]

Market Overview by FXCC Aug 10 2012

RBA outlook for growth continues around trend with inflation on target

The RBA’s quarterly update on financial markets and the economy held few surprises for the market, says NAB economist Robert Henderson. To summarize the report, Robert reports: "The RBA expects some moderation in growth in the second half the 2012 after strong growth in the first half (at least as measured by GDP) and then the economy growing at trend ahead. At the same time, inflation has bottomed but is expected to travel within the target band out to the end of 2014."

As it has been usual in the recent past, Fridays don't bring any critical EZ sovereign debt auctions to take place, and London session ahead will again be a quiet one in terms of EUR macro data related, despite the bunch of minor figures will be released, starting with German CPI and HCPI at 06:00 GMT, followed 45 minutes later by French industrial,manufacturing production, and Gov budget balance, and Italian CPI at 08:00 GMT. The UK will deliver PPI figures at 08:30 GMT which could bring some volatility to cross EUR/GBP. (fxstreet.com)
Read More
https://support.fxcc.com/email/technical/10082012/

UPCOMING EVENTS :
2012-08-10 06:00 GMT | Germany. Consumer Price Index (YoY) (Jul)
2012-08-10 08:00 GMT | United Kingdom. PPI Core Output (YoY)
2012-08-10 12:30 GMT | Canada. Unemployment Rate (Jul)
2012-08-10 18:00 GMT | United States. Monthly Budget Statement (Jul)

FOREX NEWS :
2012-08-10 04:32 GMT | GBP/USD selling to continue upon break of 1.56
2012-08-10 03:54 GMT | After China trade print, worst still to come - HSBC
2012-08-10 03:12 GMT | Trade Balance figures disappoint in July
2012-08-10 02:36 GMT | AUD/USD to fresh session lows post RBA

--------------
EURUSD : 1.22887 / 1.22892
DAILY WEEKLY MONTHLY



1.2519 | 1.2420 | 1.2327
1.2265 | 1.2148 | 1.2038

SUMMARY : Down
TREND : Up trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC | Neutral


MARKET ANALYSIS - Intraday Analysis

Yesterday instrument declined below our suggested support level at 1.2325 and formed fresh low at 1.2265 (S1), our next support level. Uptrend on the medium term still in power and we might see appreciation of the instrument later on today. A break above next resistance level at 1.2327 (R1) would suggest next target at 1.2420 (R2). If the price holds its momentum on the upside we can expect a further rise towards to 1.2519 (R3). On the other hand, loss of next support at 1.2265 (S1) might lead to the further correction development with targets at 1.2148 (S2) and 1.2038 (S3) levels.

----------------
GBPUSD : 1.56203 / 1.56212
DAILY WEEKLY MONTHLY



1.5755 | 1.5696 | 1.5647
1.5605 | 1.5555 | 1.5501

SUMMARY : Sideway
TREND : Sideway
MA10 : Bearish
MA20 : Bearish
STOCHASTIC | Overbought


MARKET ANALYSIS - Intraday Analysis

GBPUSD successfully penetrated below our expected support level at 1.5653 and met our first target at 1.5606. Technically, development of the trend might occur in any direction now. Clearance of next resistance level at 1.5647 (R1) would suggest next targets at 1.5696 (R2) and any further rise will be limited by last resistance at 1.5755 (R3) intraday. From the other side, loss of next support at 1.5605 (S1) might encourage executing of orders and drive market price towards to the next targets at 1.5555 (S2) and 1.5501 (S3) levels.

---------------
USDJPY : 78.544 / 78.549
DAILY WEEKLY MONTHLY



79.20 | 79.01 | 78.79
78.48 | 78.29 | 78.09

SUMMARY : Sideway
TREND U : pward penetration
MA10 : Bearish
MA20 : Bullish
STOCHASTIC : Neutral


MARKET ANALYSIS - Intraday Analysis

As expected yesterday, USDJPY continued its range trading mode and we are not expecting the sentiment change today. Next support level stays at 78.48 (S1). Brake here would suggest next target at 78.29 (S2), where we can see reversal of the intraday tendency. Any further fall would then be limited by last support at 78.09 (S3). From the upper side, next resistance levels locates at 78.79 (R1) and 79.01 (R2). In current market conditions we suggest to wait for clear signal of market sentiment change.

Source: FX Central Clearing Ltd, ( ECN Forex Trading System | What Is Forex | Forex Live | FXCC )

[Providio.Trading]

HEADLINE COMMENTARY BY ProvidioTrading:

09August Another day of modest action and light volume. Initial risk-on style trading was abandoned in late action as it became apparent that the Draghi deal is not done and the optimism surrounding it is waning. We remain skeptical as long as no credible plan for inducing the Germans to pay for this are presented.
Some notable moves largely within the Ags, both U.S. and Exotic. The one continuing theme in Ags has been water; either too much or, as is most often lamented, too little.



OVERBOUGHT/OVERSOLD MARKETS:

Overbought Direction 0-100 Cocoa Rising 85 Heat Rising 83 RBOB Rising 82 Mini NASDAQ Falling 81 Canadian Rising 80 Cotton Falling 79 E-Mini SP Rising 76 CrudeOil Rising 74 Aussie Falling 74 Mini Dow Rising 73 Corn Rising 73 Oversold Direction 0-100 Sugar Falling 11 Two Year Falling 24 Bonds Falling 27 Ten Year Falling 29 Coffee Falling 31 Euro$ Falling 34


Friday, August 10:
US:
Import and Export Prices
Treasury Budget

Foreign: Germany-CPi
France-Industrial Production
Italy-CPI
UK-PPI
Canada-Labour Force Survey

NEXT WEEK'S REPORTS:

Monday, August 13
US: -NO RELEASES

Foreign:
New Zealand-Retail Trade
Japan-BOJ MPB Minutes
Japan-Tertiary Index

Tuesday, August 14
US:
NFIB Small Business Optimism Index
ISCS-Goldman Store Sales
PPI
Retail Sales
Redbook
Business Inventories

Foreign:
France-CPI
France-GDP Flash
Germany-GDP Flash
Germany-ZEW Survey
Swiss-Producer and Import Price Index
UK-GDP
EU-GDP Flash
EU-Industrial Production

Wednesday, August 15
US:
MBA Mortgage Applications Index
CPI
Empire State Mfg Index
TIC
Industrial Production-Capacity Utilization
Housing Market Index
EIA Petroleum Status

Foreign:
UK-BOE MPC Minutes
UK-Labour Market Report
Thursday, August 16
US:
Housing Starts
Jobless Claims
Bloomberg Consumer Comfort Index
Philly Fed Survey
E-Commerce Rretail Sales
EIA Natural Gas Storage
Fed Balance Sheet
Money Supply

Foreign:
UK-Retail Sales
EU-HIPC
Canada-Manufacturing Sales
New Zealand-PPI
Friday, August 17
US:
Consumer Sentiment
LEI

Foreign:
Germany-PPI
EU-Merchandise Trade
Canada-CPI


Disclaimer:

The information presented in this report is taken from sources we believe to be reliable and accurate. This information is not guaranteed as to accuracy or completeness. The opinions expressed are based on our best judgment at the time of writing and are subject to change without notice. These opinions should not be construed as an inducement or advice to enter into any Futures or Options on Futures transaction except where explicitly stated. There is risk of substantial loss in trading futures and options. One's financial suitability should be considered carefully before placing any trades. Past performance is not indicative of future results.