News 30th April 2009

CALENDAR GMT Expected Previous 1230 US Mar Personal Income Personal Income -0.2% -0.2% Personal Spending -0.1% +0.2% 1230 US Apr Weekly Jobless Claims 645K 640K Weekly Jobless Claims Net Change +5K +27K Continuing Jobless Claims 3137000 Continuing Jobless Claims Net Change +93K 1345 US Apr Chicago PMI Employment Index 28.1 New Orders Index 30.9...

News Wednesday 29th April

CALENDARApril 29, 2009 GMT Expected Previous 1230 US 1Q GDP, advance GDP -4.6% -6.3% PCE Price index -4.9% Purchase Price Index -3.9% Real Final Sales -6.2% 1430 US Apr US Energy Dept Oil Inventories Crude Oil Stocks 370.6M Crude Oil Stocks (Net Change) +2.2M +3.85M Gasoline Stocks 217.3M Gasoline Stocks (Net Change) -200K +802K Distillate...

Result Trade

This is my result with Mega Droid EAClick t...

Sterling bounce up

Asian stock markets have gone through a sell session for the second time in a row this week on the back sharp declines in of financials. Meanwhile the Pound has bounced up against the Dollar after yesterday’s sell off. Tokyo Nikkei Index has declined 3.3% and Hong Kong’s stock markets have also posted declines beyond 3% on Tuesday.Financials and energy firms have lead declines on Tuesday, following...

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JPY gains as falling Asian stocks

The yen rose from a five-month low against the dollar and euro as Asian stocks fell, damping demand for higher-yielding securities.The yen gained versus all of the 16 most-active currencies on speculation credit-market losses will increase at financial institutions, spurring investors to buy Japan’s currency as a refuge from the global economic crisis. Australia’s dollar slumped the most in a week...

No Change forecast for US Trade Deficit.

The US trade gap in February probably helded at 6 years low as the worst global slump since World War II caused exports and imports to collapse, economists said a head of a goverment report this week. A deficit of $ 36 billion, the same as in January is the median estimate of ecnomist surveyed by Bloomberg News before Commerce Departement's report on Thursday. Others figures the same day may show...

Yen slide to 5 months Low

The Japanese yen declined to a five- month low against the dollar and the euro as Asian stocks extended a worldwide equity rally on speculation the worst of the global financial crisis may be ending.The yen fell against all of the 16 most-actively traded currencies, sliding against New Zealand’s dollar to the lowest since November, on expectations Federal Reserve Governor Kevin Warsh will signal today...

Yen weakens above 100 per dollar

The yen weakened to above 100 per dollar for the first time in five months as the Group of 20 nations pledged to revive economic growth and on speculation the Federal Reserve will step up efforts to counter the U.S. slump.The yen also fell to a five-month low against the euro and the Australian dollar as stocks rallied, increasing demand for higher-yielding assets. The euro is poised for a weekly...