Friday, Nov 30, 17:01 GMT
ASIA-PACIFIC Trading Newsletter
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TOP EDUCATION SELECTION
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FXstreet.com is very proud to present its webinars recordings! You can now watch videos of some of our educational webinars which are held every week in our LIVE section. These videos can be found on the Live "Transcripts" page and new ones will be added several times a week so stay tuned! Last entries are webinars with Sam Seiden, John Jagerson, Adam Rosen or Rob Booker.
Educational presentations of the ITC Speakers:
Download some of the speeches of the International Traders Conference 2007 by FXstreet.com
Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Dec 3, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Dec 3, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Dec 3, 11:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Dec 3, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Dec 3, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Dec 3, 14:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
| Mon, Dec 3, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
USD/JPY
Mid−Day Forex Technical Report − Yen Weakens Further on US Rate Cut Expectations by ActionForex.com
USD/JPY's rebound from 107.21 extends further to as high as 110.92 in early US session. Outlook remains unchanged. At this point, intraday bias remains on the upside as long as 109.46 minor support holds and further rise could still be seen. But still, upside is expected to be limited by 111.76 resistance and bring resumption of fall from 117.94.
- Way out of bounds... at Tony Juste's blog
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- New Webinars Video − Access now Educational Sessions Recordings
- 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:
Daily Outlook − USD/JPY daily by Karoll
FX Daily Commentary − EUR/USD: 1.45 OR 1.50 The Next Target? by FXGreece
Currency Majors Technical Analysis − 1,4771. EUR USD is in a range between 1,4720 and 1,4900 by Mataf.net
Currencies at a Glance
- EUR/USD
- Moves down below first support level 1.4696
11/30/2007 16:36 GMT - GBP/USD
- Moves down toward first support level 2.0531
11/30/2007 16:36 GMT - USD/CHF
- Moves up above second resistant level 1.1268
11/30/2007 16:37 GMT - USD/JPY
- Moves down back below third resistant level 111.18
11/30/2007 16:37 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, Aspen Trading Group, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
EMU UNEMPLOYMENT RATE
| Date (GMT) | Event | Cons. | Previous | |
| Dec 3 | 10:00 | Unemployment Rate | - | 7.3% |
Friday Notes - Outlook 2008 – Gloom but no Doom by HVB Group
Eurozone unemployment rate will remain steady at the historical low reached in September. The labor market remains tight, as confirmed by our employment indicator, which suggests 0.4−0.5% q−o−q growth in Q3 2007.
[ Full Story ]Top Market Movers Review
US CONSTRUCTION SPENDING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 30 | 15:00 | Construction Spending (MoM) | -0.8% | -0.3% | 0.2% |
US construction spending slumps in October (FXstreet.com)
Construction spending has declined sharply in October, weighed by the long lasting housing market crisis, according to data by the latest report published by the Commerce Department.
[ Full Story ]- Read the Construction Spending data at Census Bureau
- DATA SNAP: Oct Construction Outlays Far Below Expected (Dow Jones)
- US Construction Spending declines to −0.8% in Oct from revised 0.2% in Sept (FXstreet.com)
- Table Of Data On Construction Spending From Commerce (Dow Jones)
US PERSONAL INCOME
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 30 | 13:30 | Personal Income (MoM) | 0.2% | 0.4% | 0.4% |
| Nov 30 | 13:30 | Core Personal Consumption Expenditure − Prices Index (MoM) | 0.2% | 0.2% | 0.2% |
| Nov 30 | 13:30 | Personal Spending | 0.2 | 0.3 | 0.3 |
| Nov 30 | 13:30 | Core Personal Consumption Expenditure − Prices Index (YoY) | 1.9% | 1.8% | 1.9% |
DATA SNAP: US Oct Personal Income Below Expectations (Dow Jones)
Income growth of Americans was below expectations for October, while their spending weakened, a sign of caution among consumers as the housing slump restrains the U.S. economy.
[ Full Story ]- Reat the PCE data at Commerce Department
- US Personal Income and Spending grow less than expected in October (FXstreet.com)
- US October real consumer spending flat as real disposable income falls (Thomson Financial News)
- US Core PCE prices index increase 0.2% in October; 1.9% on the year (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 30 | 14:45 | US | Chicago Purchasing Managers' Index (Nov) | 52.9 | 50.5 | 49.7 |
| 15:00 | US | Construction Spending (MoM) (Oct) | -0.8% | -0.3% | 0.2% |
|
| Dec 3 | 00:30 | AU | Trade Balance | -1862M | ||
| 08:30 | CH | SVME − Purchasing Managers' Index | 60.7 | |||
| 08:55 | DE | PMI Manufacturing Index | 51.7 | |||
| 09:00 | EMU | PMI Manufacturing Index | 51.5 | |||
| 09:30 | UK | PMI Manufacturing | 52.9 | |||