Thursday, Aug 30, 16:08 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Aug 30, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − Weekly Wrap−Up
Expert: Tony Juste
Start: Fri, Aug 31, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Aug 30, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN | |
| Fri, Aug 31, 10:00 GMT | What Moves Currencies? − Weekly Wrap−Up | Tony Juste | WBN | |
| Fri, Aug 31, 11:00 GMT | The Contest Webinar | Raghee Horner | WBN |  |
| Fri, Aug 31, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Fri, Aug 31, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
GBP/USD
Mid−Day Forex Technical Report − Dollar Still in Range after Mixed US Data by ActionForex.com
Dollar is still staying in range after mixed data from US. Q2 GDP growth, though revised less than expected, is still at at the fastest rate in amore than year at 4.0%. Personal consumption was also revised higher to 1.4% in Q2, though it missed expectation of 1.5%.
- Tony Juste is finally back! Read his last weblog posts
- 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:
Foreing Exchange − Euro: Rebounded just ahead 1.3553 support yesterday and rallied to test 1.3680 resistance once again by Avantage Financial GMBH
Daily Market Commentary − Choppy trading rules the FX markets by Global Forex Trading Ltd.
FX Thoughts for the Day − FX Thoughts for the day − Evening − 30−Aug−2007....1200 GMT by Kshitij Consultancy Service
Currencies at a Glance
- EUR/USD
- Back around pivot level 1.3639 after bounced at first support level 1.3600
08/30/2007 12:59 GMT - GBP/USD
- Back above pivot level 2.0105 after bounced at 2.0045
08/30/2007 12:59 GMT - USD/CHF
- Back above first resistant level 1.2028 after hit second resistant level 1.2060
08/30/2007 12:59 GMT - USD/JPY
- Moves up above around pivot level 115.43
08/30/2007 12:59 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
Japan NATIONAL CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Aug 30 | 23:30 | Tokyo Consumer Price Index (YoY) | -0.1% | -0.1% |
| Aug 30 | 23:30 | Tokyo CPI ex Fresh Food (YoY) | -0.1% | -0.1% |
| Aug 30 | 23:30 | National Consumer Price Index (YoY) | -0.1% | -0.2% |
| Aug 30 | 23:30 | National CPI Ex−Fresh Food (YoY) | -0.1% | -0.1% |
Asia Market Update - Traders say JPY funded carry trades starting to look top−heavy by Trade The News
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "So how is the Japanese Economy doing on prices? Is the recovery path they talk about really on its way? The CPI figures will tell us once again the reality. The JPY carry madness may just unwind at large proportions if the data is higher than expected, so expect real volatility ahead and after the news." − FXstreet.com
Top Market Movers Review
US GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 30 | 12:30 | Gross Domestic Product Annualized | 4.0% | 4.1% | 3.4% |
DATA SNAP: US 2Q GDP Rises Just Below Expectations (Dow Jones)
The U.S. economy was stronger during the spring than earlier estimated, the government said Thursday, revising the growth rate higher because business spending and exports were better than first thought.
[ Full Story ]- Read the Gross Domestic Product and Corporate Profits at Commerce Department
- US Q2 GDP revised higher to 4.0 pct rise, core inflation revised lower (Thomson Financial News)
- U.S. GDP grows less than expected in second quarter (FXstreet.com)
- US 2Q Gross Domestic Product Annualized rises to 4% (FXstreet.com)
The Week Ahead - GDP will be revised up supported by more positive contribution from net exports by BBVA Bancomer
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 30 | 12:30 | US | Gross Domestic Product Annualized (2Q) | 4.0% | 4.1% | 3.4% |
| 12:30 | US | Initial Jobless Claims (Aug 25) | 334K | 325K |
||
| 23:30 | JP | Jobless Rate (Jul) | 3.7% | 3.7% | ||
| 23:30 | JP | National Consumer Price Index (YoY) (Jul) | -0.1% | -0.2% | ||
| 23:30 | JP | National CPI Ex−Fresh Food (YoY) (Jun) | -0.1% | -0.1% | ||
| 23:30 | JP | Overall Household Spending (YoY) (Jul) | 0.2% | 0.1% | ||
| 23:30 | JP | Tokyo Consumer Price Index (YoY) (Aug) | -0.1% | -0.1% | ||