日本語
Español
中文
Русский 
- New York 15:48
- London 20:48
- Barcelona 21:48
- Tokyo 05:48
- Sydney 07:48
Weekly Market View
This report has been deactivated
14
2
Auto bailout fails, stock indexes drop
Fri, Dec 12 2008, 16:07 GMT
by Guillermo Alcalá
The week we leave behind has we have seen the automotve bailoutplan failing agaist the market expectations of an aggreement. Stock markets have reactd down to the news weighed by auto makers.
On the currencies side, the Yen has strengthenes, specially agaunst the Diollar, reaching a 13 year high, the yen is too strong at the moment for japanese exports, thus we can expect some action by the Bank of japan to try to revert the curren situation.
The Dollar has lost weight agaist most currencies, npott only against the Yen; Euro Dollar has rallied to a 7-week high and the USD/CHF has continued to the downside despite the libior rate cut approved by the Swiss national Bank.
Next week we have some interesting events on focus, especially interest rate decissions by the Fed and the bank of Japan, let's take a look at them:
Sunday December 14
- 23:50 Japan Tankan Large Manufacturing Index - 4Q (Previous: -3)
- 23:50 Japan Tankan Non - Manufacturing Index - 4Q (Previous: 1)
Monday December 15
- 00:01 United Kingdom Rightmove House Price Index - December (Previous: -2.9 m/m; -7.1% y/y);
- 08:15 Switzerland Producer and Import Prices - November (Previous: -0.6 m/m; -2.9% y/y)
- 13:30 United States NY Empire State Manufacturing Index - December (Previous: -25.43)
- 14:00 United States Net Long-term TIC Flows - October (Previous: $66.2B)
- 14:15 United States Industrial Production - November (Previous: 1.3%)
- 17:30 European Monetary Union ECB Trichet's Speech
Tuesday December 16
- 00:30 Australia RBA Meeting's Minutes - December
- 09:30 United Kingdom Consumer Price Index - November (Previous: -0.2 m/m; 4.5% y/y; Core: 1.9% y/y);
- n/a United Kingdom BoE Inflation Letter
- 11:00 European Monetary Union Employment Change - 3Q (Previous: 0.2% Q/Q; 1.2 Y/Y)
- 13:30 United States Consumer Price Index - November (Previous: -1% m/m; 3.7% y/y; Core: 2.2% y/y);
- 13:30 United States Housing Starts - November (Previous: 0.791M Annual rate)
- 19:15 United States Fed Interest Rate Decision (Current: 1%)
Wednesday December 17
- 07:00 Germany Consumer Price Index - November (Previous: -0.2% m/m; 2.4% y/y)
- 08:30 Germany Preliminary Purchasing Manager Index Manufacturing - December (Previous: 35.7)
- 08:30 Germany Preliminary Purchasing Manager Index Services - December (Previous: 45.1)
- 08:30 Euro Zone Preliminary Purchasing Manager Index Manufacturing - December (Previous: 35.6)
- 08:30 Euro Zone Preliminary Purchasing Manager Index Manufacturing - December (Previous: 45.1)
- 09:30 United Kingdom Bank of England Minutes
- 09:30 United Kingdom ILO Unemployment Rate (3M) - October (Previous: 5.8%)
- 10:00 European Monetary Union Consumer Price Index - November (Previous: 0 m/m; 2.1% y/y; Core: 1.9% y/y)
- 13:30 United States Current Account - 3Q (Previous: -$183.1B)
Thursday December 18
- 07:15 Switzerland Trade Balance - November (Previous: 1.84B)
- 09:00 Germany IFO - Business Climate - December (Previous: 85.8)
- 09:30 United Kingdom Retail Sales November (Previous: -0.1% m/m; 1.9% y/y)
- 10:00 European Monetary Union Trade Balance n.s.a. - October (Previous: -€5.6B)
- 13:30 Canada Leading Indicators - November (Previous: 0.4%)
- 15:00 United States Leading Indicators November (Previous: -0.8%)
- 15:00 United States Philadelphia Fed Manufacturing Survey - December (Previous: -39.3)
- 23:50 Japan All Industry Activity Index - October (Previous: -0.1)
Friday December 12
- n/a United Kingdom Gfk Consumer Confidence - December (Previous -35)
- n/a Japan BoJ Interest Rate Decision (Current: 0.3%)
- n/a Japan BoJ's Governor Shirakawa Speech
- 07:00 Germany Producer Price Index - November (Previous: 0% m/m; 7.8% y/y)
- 12:00 Canada Consumer Price Index - November (Previous: -1% m/m; 2.6% y/y; Core: 1.7% y/y)
Published on Fri, Dec 12 2008, 16:09 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
Related reports
Daily Market Report - Greenback is starting the new week on a soft note by Wells Fargo Investments, LLC
Mon, Nov 23 2009, 14:59 GMT
Top Fundamental Stories - The world's largest economy remains fragile… by ecPulse.com
Mon, Nov 23 2009, 13:46 GMT
Euroland: French service PMI above 60 others will follow by Danske Bank A/S
Mon, Nov 23 2009, 13:46 GMT
Macro Monitor - Hungary by Danske Bank A/S
Mon, Nov 23 2009, 12:07 GMT
The Week Ahead - Focus on the new home sales by X-Trade Brokers, XTB
Mon, Nov 23 2009, 11:49 GMT
Related content
Dollar favoured as on better than expected existing home sales
FXstreet.com | Mon, Nov 23 2009, 15:17 GMT
Table of Data On Existing US Home Sales
Dow Jones | Mon, Nov 23 2009, 15:12 GMT
US Existing Home Sales rise 10.1% to 6.1M in Oct
FXstreet.com | Mon, Nov 23 2009, 15:01 GMT
US Oct Existing Home Sales Up 10.1% To 6.10 Mln Rate
Dow Jones | Mon, Nov 23 2009, 15:00 GMT
Hungary Ctrl Bk Lowers CPI Forecasts, Sees Further Rate Cuts
Dow Jones | Mon, Nov 23 2009, 14:23 GMT
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.