Thursday, Dec 13, 16:54 GMT
ASIA-PACIFIC Trading Newsletter
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- The Advisor Weblog: At the Close. Where the bears have no name
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Dec 13, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − Weekly Wrap−Up
Expert: Tony Juste
Start: Fri, Dec 14, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Dec 13, 17:00 GMT | Trading with Tom Flora  | Tom Flora | WBN |  |
| Thu, Dec 13, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Fri, Dec 14, 11:00 GMT | What Moves Currencies? − Weekly Wrap−Up | Tony Juste | WBN | |
| Fri, Dec 14, 12:00 GMT | Advanced Fibonacci Techniques | Adam Rosen | WBN | |
| Fri, Dec 14, 15:00 GMT | Live Trading | Tony Juste | WBN | |
Current Session: U.S.
EUR/USD
Forex Scoop − EUR/USD: The Euro sells off by FXstreet.com
The Euro sells off very hard after the unit breaks a key support @ 1.4670, in line with a stronger USD across the board folowing the better−than−expected US data this afternoon. The rally against both EUR and CHF is quite impressive and we are now testing key daily levels @ 1.4580 and 1.1450 respectively.
- EUR/USD intraday Fibos 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:
Mid−Day Forex Technical Report − Dollar Lifted by Solid Retail Sales and Strong PPI by ActionForex.com
Currency Majors Technical Analysis by Mataf.net
Daily Forex Forecast − Daily Forex Forecast by FXDream
Currencies at a Glance
- EUR/USD
- Continues to move down below second support level 1.4603
12/13/2007 16:36 GMT - GBP/USD
- Moves down below first support level 2.0345
12/13/2007 16:36 GMT - USD/CHF
- Continues to move up above first resistant level 1.1405
12/13/2007 16:37 GMT - USD/JPY
- Back around opening price level 112.20 , above pivot level 111.78
12/13/2007 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
EUR USD, Hourly
Top Market Movers Preview
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Dec 14 | 10:00 | Consumer Price Index (YoY) | 3.0% | 2.6% |
| Dec 14 | 10:00 | Consumer Price Index (MoM) | 0.5% | 0.5% |
| Dec 14 | 10:00 | Consumer Price Index − Core (YoY) | 2.0% | 1.9% |
EMU economic indicators - German ZEW economic sentiment is expected to decline in December by BHF−Bank
HICP inflation in the euro area is likely to be confirmed at 3.0% yoy for November.
[ Full Story ]Top Market Movers Review
US BUSINESS INVENTORIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 13 | 15:00 | Business Inventories | 0.1% | 0.3% | 0.4% |
DATA SNAP: US Inventories Up Less Than Expected In Oct (Dow Jones)
U.S. business inventories slowed to a crawl in October, suggesting companies might have cut back on stockpiling and created a restraint on the economy in the final months of 2007.
[ Full Story ]- Read the Business Inventories data at Commerce Department
- US October business inventories up 0.1 pct, retail up 0.4 pct (Thomson Financial News)
- US business inventories grow less than expected in October (FXstreet.com)
- US Business Inventories rise 0.1% in Oct; 0.3% expected (FXstreet.com)
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 13 | 13:30 | Retail Sales (MoM) | 1.2% | 0.6% | 0.2% |
| Dec 13 | 13:30 | Retail Sales ex Autos (MoM) | 1.8% | 0.7% | 0.4% |
DATA SNAP: US Nov Retail Sales Up Double Rate Expected (Dow Jones)
U.S. retail sales surged during November, making a surprisingly strong, broad−based climb that suggests the economy might not be as weak as feared. Retail sales increased by 1.2%, the Commerce Department said Thursday.
[ Full Story ]- Read the Monthly Retail Trade and Food Services data at Commerce Department
- US Nov retail sales up 1.2 pct, ex−autos and gasoline up 1.1 pct (Thomson Financial News)
- US Retail sales rose well above expectations in November (FXstreet.com)
- US: Retail Sales (MoM) (Nov): 1.2%, ex autos 1.8% (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Dec 13 | 13:30 | US | Initial Jobless Claims (Dec 8) | 333K | 340K |
|
| 15:00 | US | Business Inventories (Oct) | 0.1% | 0.3% | 0.4% | |
| 23:50 | JP | Tankan Large All Industry Capex (4Q) | 9.0% | 8.7% | ||
| 23:50 | JP | Tankan Large Manufacturing Index (4Q) | 21 | 23 | ||
| 23:50 | JP | Tankan Non − Manufacturing Index (4Q) | 18 | 20 | ||
| 23:50 | JP | Tankan Non − Manufacturing Outlook (4Q) | 17 | 21 | ||
| Dec 14 | 07:00 | DE | Consumer Price Index (MoM) (Nov) | 0.4% | 0.2% | |