Thursday, Apr 03, 16:02 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Apr 3, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 23rd Edition
Expert: Wayne McDonell
Start: Fri, Apr 4, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Apr 3, 16:00 GMT | The Day Trading Coach − Tips, Tricks and Strategies for Day Traders  | Markus Heitkoetter | WBN |  |
| Thu, Apr 3, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Fri, Apr 4, 11:30 GMT | SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 23rd Edition | Wayne McDonell | WBN | |
| Mon, Apr 7, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN |  |
| Mon, Apr 7, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Euro Soft in Mixed Markets by ActionForex.com
EUR/USD's recovery was limited at 1.5701 and weakens again. At this point, intraday bias remains on the downside as long as 1.5701 minor resistance holds. As discussed before, failure below 1.5902 and subsequent sharp fall indicates that consolidation from 1.5902 is still in progress. Further fall is still expected to retest 1.5342 support before completing the consolidation.
- Main technical theme in the currency market by Jamie Saettele, Technical Currency Analyst FXCM
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
FX Analysts' Comments
The party Time Zone inthe GBP/USD by Rob Booker, Currency trader
FX' Signal
Trade Signals − Matsys D Trade Signals by Fxwintrades
Top Market Movers Preview
Germany FACTORY ORDERS S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Apr 4 | 10:00 | Factory Orders n.s.a. (YoY) | 6.7% | 9.5% |
| Apr 4 | 10:00 | Factory Orders s.a. (MoM) | 0.8% | -1.5% |
Friday Notes - Lessons from prior banking crises by HVB Group
The strong correction in new orders at the turn of the year followed a phase with an exceptionally high number of big ticket orders. Overall, the order situation remains solid so far. The latest business surveys also argue against a strong decline in the order dynamic in the short term. For that reason, we expect February to again bring a moderate increase m−o−m.
[ Full Story ]EMU economic indicators - German industrial new orders will probably have rebounded in February by BHF−Bank
Top Market Movers Review
US ISM NON−MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 3 | 14:00 | ISM Non−Manufacturing | 49.6 | 48.5 | 49.3 |
US ISM Mar Non−Mfg Composite Index 49.6 Vs Feb 49.3 (Dow Jones)
U.S. services activity showed a modest pick up in March, inching its way back toward growth territory in a stagnant economy. The Institute for Supply Management reported that its February non−manufacturing composite index moved to a reading of 49.6 from 49.3 in February and 44.6 in January.
[ Full Story ]- Read the March 2008 Non−Manufacturing Report On Business at ISM
- Service sector contracts in March (Thomson Financial News)
- 2nd UPDATE: US ISM Mar Non−Mfg Composite Index 49.6; Feb 49.3 (Dow Jones)
- UPDATE: US ISM Mar Non−Mfg Composite Index 49.6 Vs Feb 49.3 (Dow Jones)
Wakeup Call on Forex Markets - Focus On ISM Non−Manufacturing Today by Saxo Bank
Forex Trading Strategies - Market still in risk−loving mood ahead of US ISM Non−manufacturing today by Saxo Bank
US economic indicators - Both ISM indices will probably show ongoing contraction in March by BHF−Bank
US INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 3 | 12:30 | Continuing Jobless Claims | 2937K | 2872K | 2840K |
| Apr 3 | 12:30 | Initial Jobless Claims | 407K | 365K | 369K |
US Jobless Claims +38K To 407K In Mar 29 Week; Survey +4K (Dow Jones)
The number of idled U.S. workers filing new claims for unemployment benefits surged last week, rising to its highest level in more than two years, a government report said Thursday.
[ Full Story ]- Read the Jobless Claims data at Labor department
- Forex − Dollar rally stopped by poor US weekly jobless claims (Thomson Financial News)
- US weekly jobless claims up 38,000 to 407,000, an over 2.5−year high UPDATE (Thomson Financial News)
- Forex − Dollar falls after weak U.S. jobless claims data (Thomson Financial News)
Currencies at a Glance
- EUR/USD
- Continues to move down towards second support level 1.5489
04/03/2008 14:29 GMT - GBP/USD
- Back below pivot level 1.9839
04/03/2008 14:29 GMT - USD/CHF
- Continues to move up above second resistant level 1.0200
04/03/2008 14:29 GMT - USD/JPY
- Trades around first resistant level 102.97
04/03/2008 14:29 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, 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
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 3 | 12:30 | US | Initial Jobless Claims (Mar 29) | 407K | 365K | 369K |
| 14:00 | US | ISM Non−Manufacturing (Mar) | 49.6 | 48.5 | 49.3 | |
| Apr 4 | 01:30 | AU | Retail Sales (MoM) (Feb) | 0.3% | 0.0% | |
| 05:45 | CH | Consumer Price Index (MoM) (Mar) | 0.2% | 0.1% | ||
| 05:45 | CH | Consumer Price Index (YoY) (Mar) | 2.5% | 2.4% | ||
| 10:00 | DE | Factory Orders n.s.a. (YoY) (Feb) | 6.7% | 9.5% | ||
| 10:00 | DE | Factory Orders s.a. (MoM) (Feb) | 0.8% | -1.5% | ||