Market Notes: The Swiss National Bank president Philipp Hildebrand repeated on Friday that they will prevent any excessive appreciation of the Swiss franc.There are rumors that Bernanke’s reelection on Tuesday is in jeopardy.Dow Jones and S&P500 have...
MAJOR HEADLINES – PREVIOUS SESSION CA Nov. Retail Sales out at -0.3% m/m vs. -0.2% expected and revised +1.0% prior AU Q4 Producer Price Index out at -0.4% q/q, -1.5% y/y vs. +0.1%/-0.9% expected and 0.1%/0.2% prior...
MAJOR HEADLINES – PREVIOUS SESSION * US Weekly Initial Jobless Claims out at 482k vs. 440k expected and revised 446k prior * US Continuing Claims out at 4599k vs. 4598k expected and revised 4617k prior * US...
MAJOR HEADLINES – PREVIOUS SESSION * US Dec. PPI out at +0.2%, 4.4% y/y vs. flat/+4.5% expected and 1.8%/2.4% prior resp. * US Dec. PPI ex-Food/Energy out at flat m/m, +0.9% y/y vs. 0.1%/1.0% expected and 0.5%/1.2%...
MAJOR HEADLINES – PREVIOUS SESSION * CA Dec. leading Indicators out at +1.5% m/m vs. +1.0% expected and +1.3% prior * CA BOC leaves interest rates unchanged at 0.25% * US Jan. NAHB Housing Index out at...
Market Notes: Busy fundamental days we have in front of us. Watch the BOC rate statement and the US Long-Term Purchases at 14:00 GMT.GBP rises on Kraft’s takeover of Cadbury deal.
JPYYen was further down today, as pairs were focused on the JAL’s expected bankruptcy announcement (0800GMT).The Dollar continued it’s gain as investors are rallying their speculation that the company will file for bankruptcy resulting in more data...
USDOn Friday, US data releases were mixed though were generally disappointing at the margin. December CPI was slightly below forecast, rising just 0.1% m/m with core also up 0.1% m/m though year-on-year comparisons ticked sharply higher as...
USD After falling broadly against most of its major pairs yesterday, the Dollar is still low this morning. The Retail Sales Announcement returned disappointing news and caused the US Dollar to fall to a two month low...
Market Notes: Tonight we had some good news from Australia with unemployment rate shrank by 0.2% from a previous reading. This means that the carry trade is “alive”.EU interest rate decision is expected to stay unchanged for...
