USD
Currency markets went into hiding in anticipation of a more global events. The dollar weakened slightly against the euro, but held fairly steady against the other partner. Behind the meeting of the Reserve Bank of Australia, but ahead of two other solutions on the bet. Incidentally, the RBA surprised the markets that refrained from further tightening. In this regard, many traders felt that the other banks should not wait any steps to exit a stimulate the economy.
While we can only guess and analyze the incoming data. The volume of outstanding transactions on sales of housing in the United States grew by 1,0% to 96,6. This reflects the dynamics of a beneficial effect on the market authorities” decision to extend the tax benefits for citizens, for the first time buying a house. (Originally intended to turn the program in late November, but then it was extended until June).1000Very pleased to learn that leading indicators of activity in the housing market point to restore the industry, after the sad news from the primary and secondary housing market.
Today, we will continue to collect indicators for predicting the results of Friday”s report on levels of employment. The number of planned layoffs, employment in the private sector from ADP and ISM index in the service sector will complement the picture of the labor market. If all indices coincide with the projections or even exceed them, you can expect a completely positive data from a key report.
EUR
Euro continued gradually to fight their way upward against the dollar, which contributed to and slightly more optimistic data from the eurozone. Retail sales in Germany rose in December, slightly stronger than they usually grow in this month, but not enough to ensure growth in the 4 th quarter as a whole. After review by lowering the November performance in December sales rose 0.8% m /m and decreased by 2.5% y /y (as in November). A separate report showed that inflationary pressures are significantly strengthened. It was expected that the PPI will remain at a constant level, and it has appreciated by 0.1% m /m, by sending the annual rate of -2.9 against -4.4%.
Today will be published two reports: the data on retail sales and performance of business activity in the services sector. Forecasts promise rather optimistic levels, and this is all just for the benefit of European currency. In favor of strengthening the growth of said consumer spending in Germany and France. However, the current markets are unlikely to respond to the intermediate data, given that lie ahead ECB meeting.
GBP
pound also strengthened against the dollar, thanks to the return of market demand for risky assets, as well as positive economic data. The index of business activity in the construction sector grew in January, Britain with 47.1 to 48.6, indicating a timid signs of recovery, because despite the fact that the value is still not quite live up to the watershed of 50, it was the highest since the spring of 2008 to projected figure was supposed to remain in the Flat. In addition, the creation of permanent jobs in the UK continued to rise in January, although the growth rate declined compared to the peak recorded in December. A study conducted by REC /KPMG, showed that the creation of permanent jobs in the UK noted the sixth month of growth. Also, in January consumer confidence rose to 73 PKK., Almost twice the value of the index compared with January last year. And another report showed that inflation in prices in stores accelerated to 2,3% y /y against 2.2% in December. And do not believe that the country has managed somehow got out of a recession later than the other colleagues in the shop.
Today we will see a report on business activity in the services sector. If there is marked enhancement, there is a great chance to hear the weighty word from the Bank of England: “additional incentive, we no longer need.”
JPY
Japanese yen strengthened against most major currencies. The Japanese government continues to seek ways to solve their own problems through a flexible policy. So far, the recovery is only due to momentum building for Asian partners (China), but now after the application of PRC authorities that they will slow the pace of growth, Japan will have to devise additional incentives.
The positive market reaction received the operating results of Severstal for 4 quarter of 2009, quotes, add more than 3%
If the statistics from the U.S. will be positive, the MICEX index can close above the current daily maximum
Ministry of Industry: Manufacture of aluminum in Russia decreased by 8,9%, copper - by 0,8%, Ni - 2,5%
Ministry of Industry: In the first 11 months of 2009 the volume of arrears Russian automakers totaled 59.1 billion rubles
Ministry of Industry: In 2009, production of chemical products in Russia decreased by 5,4%
Futures on Brent had struck the level of $ 75
All of the sale of housing in the United States, supplemented by indicators of profits, were the main cause of continuing the two-day rally on the American stock exchanges
Quarterly report of the Federal Reserve in January 2010
Ukraine gets down with sugar needle
One indicator of take, noticed that a second, and third …
USD
Currency markets went into hiding in anticipation of a more global events. The dollar weakened slightly against the euro, but held fairly steady against the other partner. Behind the meeting of the Reserve Bank of Australia, but ahead of two other solutions on the bet. Incidentally, the RBA surprised the markets that refrained from further tightening. In this regard, many traders felt that the other banks should not wait any steps to exit a stimulate the economy.
While we can only guess and analyze the incoming data. The volume of outstanding transactions on sales of housing in the United States grew by 1,0% to 96,6. This reflects the dynamics of a beneficial effect on the market authorities” decision to extend the tax benefits for citizens, for the first time buying a house. (Originally intended to turn the program in late November, but then it was extended until June).1000Very pleased to learn that leading indicators of activity in the housing market point to restore the industry, after the sad news from the primary and secondary housing market.
Today, we will continue to collect indicators for predicting the results of Friday”s report on levels of employment. The number of planned layoffs, employment in the private sector from ADP and ISM index in the service sector will complement the picture of the labor market. If all indices coincide with the projections or even exceed them, you can expect a completely positive data from a key report.
EUR
Euro continued gradually to fight their way upward against the dollar, which contributed to and slightly more optimistic data from the eurozone. Retail sales in Germany rose in December, slightly stronger than they usually grow in this month, but not enough to ensure growth in the 4 th quarter as a whole. After review by lowering the November performance in December sales rose 0.8% m /m and decreased by 2.5% y /y (as in November). A separate report showed that inflationary pressures are significantly strengthened. It was expected that the PPI will remain at a constant level, and it has appreciated by 0.1% m /m, by sending the annual rate of -2.9 against -4.4%.
Today will be published two reports: the data on retail sales and performance of business activity in the services sector. Forecasts promise rather optimistic levels, and this is all just for the benefit of European currency. In favor of strengthening the growth of said consumer spending in Germany and France. However, the current markets are unlikely to respond to the intermediate data, given that lie ahead ECB meeting.
GBP
pound also strengthened against the dollar, thanks to the return of market demand for risky assets, as well as positive economic data. The index of business activity in the construction sector grew in January, Britain with 47.1 to 48.6, indicating a timid signs of recovery, because despite the fact that the value is still not quite live up to the watershed of 50, it was the highest since the spring of 2008 to projected figure was supposed to remain in the Flat. In addition, the creation of permanent jobs in the UK continued to rise in January, although the growth rate declined compared to the peak recorded in December. A study conducted by REC /KPMG, showed that the creation of permanent jobs in the UK noted the sixth month of growth. Also, in January consumer confidence rose to 73 PKK., Almost twice the value of the index compared with January last year. And another report showed that inflation in prices in stores accelerated to 2,3% y /y against 2.2% in December. And do not believe that the country has managed somehow got out of a recession later than the other colleagues in the shop.
Today we will see a report on business activity in the services sector. If there is marked enhancement, there is a great chance to hear the weighty word from the Bank of England: “additional incentive, we no longer need.”
JPY
Japanese yen strengthened against most major currencies. The Japanese government continues to seek ways to solve their own problems through a flexible policy. So far, the recovery is only due to momentum building for Asian partners (China), but now after the application of PRC authorities that they will slow the pace of growth, Japan will have to devise additional incentives.
The positive market reaction received the operating results of Severstal for 4 quarter of 2009, quotes, add more than 3%
If the statistics from the U.S. will be positive, the MICEX index can close above the current daily maximum
Ministry of Industry: Manufacture of aluminum in Russia decreased by 8,9%, copper - by 0,8%, Ni - 2,5%
Ministry of Industry: In the first 11 months of 2009 the volume of arrears Russian automakers totaled 59.1 billion rubles
Ministry of Industry: In 2009, production of chemical products in Russia decreased by 5,4%
Futures on Brent had struck the level of $ 75
All of the sale of housing in the United States, supplemented by indicators of profits, were the main cause of continuing the two-day rally on the American stock exchanges
Quarterly report of the Federal Reserve in January 2010
Ukraine gets down with sugar needle