Tuesday, Aug 14, 16:11 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
Level of Sentiment in the FX Market
Expert: Antonio Sousa
Start: Wed, Aug 15, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
Specific technical indicators and tools for tracking accurancy in FX trading
Expert: Don Wilcox
Start: Wed, Aug 15, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Aug 14, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Aug 15, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Wed, Aug 15, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Wed, Aug 15, 13:00 GMT | Level of Sentiment in the FX Market | Antonio Sousa | WBN | |
| Wed, Aug 15, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
USD/CHF
Mid−Day Forex Technical Report − Dollar Extends Rally after PPI and Trade Balance by ActionForex.com
USD/CHF's rally continues to as high as 1.2114 in early US session. At this point, intraday bias remains on the upside as long as 1.2027 support holds. Further really should be seen towards 1.2163 resistance first. Below 1.2027 will turn intraday outlook consolidative first.
- 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:
Forex Trading Strategies − Big Surprise in UK Inflation Figures by Saxo Bank
Daily Analysis − Euro Falls against the Dollar as Investors Lower Expectations for an ECB Rate Hike by Finotec Group Inc.
FX Thoughts for the Day − FX Thoughts for the day − Evening − 14−Aug−2007....1202 GMT by Kshitij Consultancy Service
Currencies at a Glance
- EUR/USD
- Trades around first support level 1.3575
08/14/2007 12:55 GMT - GBP/USD
- Moves down below second support level 1.9980
08/14/2007 12:55 GMT - USD/CHF
- Trades around first resistant level 1.2086
08/14/2007 12:55 GMT - USD/JPY
- Moves up above pivot level 118.16
08/14/2007 12:55 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
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Aug 15 | 12:30 | Consumer Price Index (MoM) | 0.2% | 0.2% |
| Aug 15 | 12:30 | Consumer Price Index (YoY) | 2.4% | 2.7% |
| Aug 15 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.2% | 0.2% |
| Aug 15 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 2.2% | 2.2% |
Friday Notes - Fear of a credit crunch intensifies by HVB Group
Gasoline prices were a little lower in July, but food prices continued to advance. The core rate likely stayed at trend of just over 2% per annum, led by substantial increases in health, education, and other services. Apparel prices also turned up, judging from recent import price data.
[ Full Story ]Top Market Movers Review
US PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 14 | 12:30 | Producer Price Index (YoY) | 4.0% | 3.4% | 3.3% |
| Aug 14 | 12:30 | Producer Price Index ex Food & Energy (MoM) | 0.1% | 0.2% | 0.3% |
| Aug 14 | 12:30 | Producer Price Index ex Food & Energy (YoY) | 2.3% | 2.5% | 1.8% |
| Aug 14 | 12:30 | Producer Price Index (MoM) | 0.6% | 0.2% | -0.2% |
US July PPI up 0.6 pct, core PPI up 0.1 pct (Thomson Financial News)
WASHINGTON (Thomson Financial) − Wholesale prices rose more sharply than expected in July, as energy prices surged, while core prices rose at their fastest annual pace in nearly two years, the Labor Department said today. The department's Producer Price Index, which measures inflation pressures before they reach the consumer, rose 0.6 pct in July, sharply higher than the 0.1 pct expected.
[ Full Story ]- Read the Producer Price Index News Release text at Bureau of Labor Statistics
- DATA SNAP: Energy Pushes US PPI Higher; But Core Contained (Dow Jones)
- US Jul Producer Price Index rises to 0.6%; ex food and energy 0.1% up (FXstreet.com)
- Table Of US PPI Data From Labor Department (Dow Jones)
Friday Notes - Fear of a credit crunch intensifies by HVB Group
US TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 14 | 12:30 | Trade Balance | -$58.14B | -$61.00B | -$59.16B |
U.S. Trade gap narrows slightly in June (FXstreet.com)
U.S. deficit on goods and services trade has narrowed slightly in June, due to a better results in goods trade, while services trade surplus remains practically unchanged, according to the latest report by the Commerce Department. June's deficit on goods and services trade has decreased to $ 58.1 billion in June from $ 59.2 billion in May, revised up from the previously reported 6.04 billion.
[ Full Story ]- US June trade deficit falls 1.7 pct to 58.1 bln usd (Thomson Financial News)
- US Trade gap narrows to $−58.14 in Jun from $−59.16B in May (FXstreet.com)
- Table of U.S. Trade Data −4: Petroleum, Products Imports (Dow Jones)
EMU GROSS DOMESTIC PRODUCT S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 14 | 09:00 | Gross Domestic Product s.a. (QoQ) | 0.3% | 0.5% | 0.7% |
| Aug 14 | 09:00 | Gross Domestic Product s.a. (YoY) | 2.5% | 2.8% | 3.1% |
Euro Zone's Economical growth slows down in the 2Q (FXstreet.com)
Economy has slowed notoriously in the countries sharing the euro, and it posted the weakest quarterly increase of the last two years, according to data by Eurostat. Gross Domestic Product in the countries of the Euro Zone has increased 0.3% on the quarter, sharply below the 0.7% increase posted in the first quarter.
[ Full Story ]- Read the Euro area GDP up by 0.3%, EU27 up by 0.5% report at Eurostat
- EU 2Q Gross Domestic Product s.a. increases 0.3% from 0.7% in 1Q (FXstreet.com)
- DATA SNAP: Euro−Zone Economy Slowed Sharply In 2Q (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 14 | 12:30 | US | Producer Price Index ex Food & Energy (MoM) (Jul) | 0.1% | 0.2% | 0.3% |
| 12:30 | US | Trade Balance (Jun) | $-58.14B | -$61.00B | -$59.16B |
|
| Aug 15 | 00:30 | AU | Westpac Consumer Confidence (Aug) | -0.6% | ||
| 07:15 | CH | Adjusted Real Retail Sales (YoY) (Jun) | 4.9% | 7.2% | ||
| 08:30 | UK | Average Earnings excluding Bonus (3Mo/Yr) (Jun) | 3.4% | 3.5% | ||
| 08:30 | UK | Average Earnings including Bonus (3Mo/Yr) (Jun) | 3.5% | 3.5% | ||
| 08:30 | UK | Bank of England Minutes | ||||