Monday, Aug 13, 16:02 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
London Open: Live Market Analysis with FX Bootcamp
Expert: Wayne McDonell
Start: Tue, Aug 14, 08:00 GMT
Sponsored by: 
Type of Session: Webinar
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Aug 14, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Aug 13, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN |  |
| Mon, Aug 13, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
| Tue, Aug 14, 08:00 GMT | London Open: Live Market Analysis with FX Bootcamp | Wayne McDonell | WBN | |
| Tue, Aug 14, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Aug 14, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Dollar Mildly Firmer But Still in Range Against Euro and Yen by ActionForex.com
EUR/USD edges lower today and is now pressing last week's low of 1.3643. Outlook remains unchanged. Further decline is still mildly in favor as long as 1.3713 minor resistance holds.
- Postcards from the Right Edge!: by Rob Booker
- The Signals Tracker: performance of signals providers
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Weekly Technical Commentary by Mizuho Corporate Bank
Daily Outlook − EUR/USD: Confidence level – moderate by Karoll
Daily Trading Strategy − Capital injection? this is no good by MVDForex
Currencies at a Glance
- EUR/USD
- Continues to move down below second support level 1.3616
08/13/2007 15:11 GMT - GBP/USD
- Back above second support level 2.0102
08/13/2007 15:11 GMT - USD/CHF
- Moves up toward second resistant level 1.2063
08/13/2007 15:11 GMT - USD/JPY
- Back around opening price level 118.32 , above pivot level 118.11
08/13/2007 15:11 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
EMU GROSS DOMESTIC PRODUCT S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Aug 14 | 09:00 | Gross Domestic Product s.a. (QoQ) | 0.5% | 0.7% |
| Aug 14 | 09:00 | Gross Domestic Product s.a. (YoY) | 2.8% | 3.1% |
Friday Notes - Fear of a credit crunch intensifies by HVB Group
We expect eurozone GDP growth to have edged a tad down in Q2 2007. Indeed, construction activity, exceptionally strong in the first quarter thanks to unusually favorable weather conditions, has likely been the main contributor to the marginal easing.
[ Full Story ]- OUTLOOK European growth, inflation data to take centre stage (Thomson Financial News)
Top Market Movers Review
US BUSINESS INVENTORIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 13 | 14:00 | Business Inventories | 0.4% | 0.4% | 0.5% |
U.S. Business Inventories grow 0.4% in June (FXstreet.com)
Business inventories have advanced in June at the 0.4% pace expected by the analysts, with inventories rising in automotive, furniture and food retailers, according to data by the Commerce Department. The 0.4% increase of July means a seasonally adjusted $1.412 trillion, after an unrevised 0.5% growth posted in May.
[ Full Story ]- Read the MANUFACTURING AND TRADE INVENTORIES AND SALES at U.S. Census Bureau
- US June business inventories up 0.4 pct, sales down 0.3 pct (Thomson Financial News)
- DATA SNAP: US Jun Inventories Rise At Rate Expected (Dow Jones)
- US Jun Business Inventories increase 0.4% (FXstreet.com)
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 13 | 12:30 | Retail Sales (MoM) | 0.3% | 0.3% | -0.7% |
| Aug 13 | 12:30 | Retail Sales ex Autos (MoM) | 0.4% | 0.3% | -0.4% |
U.S. Retail sales pick up in July (FXstreet.com)
Retail sales have returned to positive figures in July, increasing 0.3% on the month, following an upwardly revised 0.7% drop in June, initially estimated as−0.9% according to the Commerce Department.
[ Full Story ]- Read the ADVANCE MONTHLY SALES FOR RETAIL TRADE AND FOOD SERVICES at the U.S. Census Bureau
- US July retail sales up 0.3 pct, ex−autos and gasoline up 0.6 pct (Thomson Financial News)
- DATA SNAP: US Jul Retail Sales Rise More Than Expected (Dow Jones)
- US Jul Retail Sales up 0.3%on the month; ex autos increase 0.4% (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 13 | 14:00 | US | Business Inventories (Jun) | 0.4% | 0.4% | 0.5% |
| 14:30 | UK | Leading Indicator Index (Jun) | 0.2% | 0.1% | ||
| 22:45 | NZ | Retail Sales (MoM) (Jul) | 0.5% | 1.2% | ||
| 23:50 | JP | Tertiary Industry Index (MoM) (Jun) | -0.2% | -0.1% | ||
| Aug 14 | 00:30 | AU | Westpac Consumer Confidence (Aug) | -0.6% | ||
| 06:00 | DE | Gross Domestic Product (QoQ) (2Q)  | 0.4% | 0.5% | ||
| 08:30 | UK | Consumer Price Index (MoM) (Jul) | -0.2% | 0.2% | ||