日本語
Español
中文
Русский 
- New York 05:57
- London 10:57
- Barcelona 11:57
- Tokyo 19:57
- Sydney 21:57
Weekly Market View
This report has been deactivated
2
0
Stock markets continue weakening
Fri, Nov 21 2008, 15:23 GMT
by Guillermo Alcalá
This past week we have seen inflation declining at a well sharper than expected pace in the United States aswell as in Canada. In the US Consumer prices posted the largest monthly drop in 61 years which has arisen concerns about deflation adding pressutre to the actual global crisis.
In Switzerland, the Swiss National Bank approved a surprising 1.0% rate cut on Thursday, leaving the Libor Rate at 1%, while the Bank of Japan kept rates on Hold at 0.30%
Stock indexes have declined for four days in a row and on that negative landscape, the Yen and the Dollar have been favoured, appreciatting considerably against other currencies. The USDCAD has reaced 1.2984, the USDJPY has declined throughout the week to reach a 93.5650.
Next week we have got several important events to check out:
Monday Nov 24
- 09:00 European Monetary Union Current Account - September (Previous: -7.9 Bill)
- 09:00 Germany IFO - Business Climate - November (Previous: 90.2)
- 10:00 European Monetary Union Industrial New Orders - September (Previous: -1.2% m/m; -6.6% y/y)
- 15:00 United States Existing Home Sales - Octobeer (Previous: 5.5%)
Tuesday Nov 25
- 02:00 New Zealand RBNZ Inflation Expectations - 4Q (Previous: 3)
- 06:00 Japan Bank of Japan Monthly Economic Survey
- 07:00 Germany Gross Domestic Product - 3Q (Previous: -0.4 Q/Q; 3.3% y/y)
- 07:10 Germany Gfk Consumer Confidence Survey - December (Previous: 1.9)
- 09:30 United Kingdom BBA Mortgage Approvals - October (Previous; 43.422K)
- 13:30 Canada Retail Sales - September (Previous: -0.3%; ex autos: -0.3%)
- 13:30 United States Gross Domestic Product Annualized - 3Q (Previous: 2.8%)
- 13:30 United States Gross Domestic Purchases Price Index - 3Q (Previous: 4.2%)
- 15:00 United States Richmond Fed Manufacturing Index - November (Previous: -26)
- 15:00 United States Consumer Confidence - November (Previous: 38)
Wednesday Nov 26
- 08:00 Japan BoJ's Governor Shirakawa Speech
- 09:30 United Kingdom Gross Domestic Product Prelim. - 3Q (Previous: 0% Q/Q;1.5% y/y)
- n/a Germany Consumer Price Index Prelim. - November (Previous: -0.2% m/m% 2.4% y/y)
- 13:30 United States Core Personal Consumption Expenditure - Prices Index (Previous: 0.2% m/m; 2.4% y/y)
- 13:30 United States Durable Goods Orders - October (Previous: 0.8% ; ex-transport -1.1% )
- 14:45 United States Chicago Purchasing Managers' Index - November (Previous: 37.8)
- 14:55 United States Reuters/Michigan Consumer Sentiment Index - November (Previous: 57.6)
- 15:00 United States New Home Sales - October (Previous: 464K)
- 21:45 New Zealand Trade Balance - October (Previous: -1183 mill.)
- 23:50 Japan BoJ Minutes
Thursday November 27
- 02:00 New Zealand Business Confidence - November (Previous: -42.4)
- 07:00 United Kingdom Nationwide Housing Prices n.s.a - October (Previous: -1.4% m/m; .14.6% a/a)
- 08:15 Switzerland Employment Level - 3Q (Previous: 3.92 mill.)
- 08:55 Germany Unemployment Change - November (Previous -26K)
- 10:00 European Monetary Union Consumer Confidence - November (Previous: -24)
- 23:15 Japan PMI Manufacturing Index - October (Previous: 42.2)
- 23:30 Japan Jobless Rate - October (Previous: 4%)
- 23:30 Japan National Consumer Price Index - October (Previous: 2.1% y/y; ex food & energy 0.2%)
- 23:30 Japan Tokyo Consumer Price Index - November (Previous: 1.2% y/y; ex food and energy: 0.4%)
- 23:50 Japan Industrial Production Prelim. - October (Previous: 1.1% m/m; 0.2% y/y)
- 23:50 Japan Retail Trade - October (Previous: -0.5% m/m; -0.4% y/y)
Friday November 28
- 00:01 United Kingdom Gfk Consumer Confidence - November (Previous: -36)
- 10:00 European Monetary Union Consumer Price Index Ptrelim. - November (Previous: 3.2% y/y)
- 10:00 European Monetary Union Unemployment Rate - October (Previous: 7.5%)
- 11:00 United Kingdom CBI Distributive Trades Survey - Realized - November (Previous: -27)
- 13:30 Canada Current Account - October (Previous: 6.8B)
Published on Fri, Nov 21 2008, 15:29 GMT
Archive
- Historically low interest rates to boost economic recovery
Published On Mon, Jan 12 2009, 09:16 GMT - Historically low interest rates to boost economic recovery
Published On Fri, Jan 9 2009, 15:41 GMT - Central Banks rushing to 0% interest rates
Published On Mon, Dec 22 2008, 09:27 GMT - Central Banks rushing to 0% interest rates
Published On Fri, Dec 19 2008, 16:42 GMT - Auto bailout fails, stock indexes drop
Published On Mon, Dec 15 2008, 09:06 GMT
FXstreet.com
| Portaferrissa 7, 1r 2a, Barcelona 08002, Catalonia - Spain
http://www.fxstreet.com | forex@fxstreet.com
Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.