Thursday, Jul 02, 15:52 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Learning Center: New chapter online: Fundamental Analysis. Read it now!
- WEBINAR VIDEOS: Market harmonics and Forex Trading by Derek Frey
- All the events of the day in our Economic Calendar
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Forex Blogs
FX Path: Forex Pin Bars (Hammers and Shooting Stars) by James Chen
Pin bars are essentially the equivalent of hammers and shooting stars in the candlestick world. These single−bar price action indicators can be exceptionally effective confirming factors for potential market turns in the forex market.
The advisor Blog: Euro and Gbp in the hourly by Valeria Bednarik
CEO's Blog: FXstreet.com Home Page Breaks 500k page views in June 09, best number since May 07 by Francesc Riverola
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Live Sessions Schedule
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Thu, Jul 2, 22:30 GMT
Type of Session: Webinar
Candlesticks Charting
Expert: Mark De La Paz
Start: Fri, Jul 3, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jul 2, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN |  |
| Fri, Jul 3, 04:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Fri, Jul 3, 05:00 GMT | Asia−Pacific Trading Webinar | Abdul Khan | WBN | |
| Fri, Jul 3, 09:00 GMT | Advanced APF Methods To Determine The Price Momentum  | Sunil Mangwani | WBN |  |
| Fri, Jul 3, 10:00 GMT | Candlesticks Charting | Mark De La Paz | WBN | |
Current Session: U.S.
Wall Street collapses on Unemployment data; Dollar rises on risk aversion
FXstreet.com − US stocks market have opening down after the worse than expected Unemployment and non−farm payrolls June data. Data suggests that companies are cutting hours and reducing payments. Dollar has accelerated its today's advance across the board fueled by risk aversion on economy concern.
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USD/JPY
USD/JPY is Falling strong by FXstreet.com Independent Analyst Team
96.00 is barely holding the downside despite indicators are close to oversold conditions in the hourly. Hourly candle opening under 95.90 or so, could trigger some bearish momentum in the pair, as bigger time frames also support further falls.
Dollar
US Employment Report a slightly disappointing mixed bag by Saxo Bank
The US employment report showed a negative surprise approximately in−line with the negative surprise in the ADP number yesterday. Some positive spin can be induced from the unemployment rate, which only rose 0.1% to 9.5%.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
EMU PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Cons. | Previous | |
| Jul 3 | 07:55 | Purchasing Manager Index Services | - | 44.8 |
EMU economic indicators - EMU PMI: Probably unchanged by BHF−Bank
The Purchasing Managers' Indices for the German and EMU manufacturing sector in June are unlikely to be revised significantly.
[ Full Story ]EMU RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jul 3 | 09:00 | Retail Sales (YoY) | -2.7% | -2.3% |
| Jul 3 | 09:00 | Retail Sales (MoM) | -0.1% | 0.2% |
EMU economic indicators - German retail sales could have decreased by BHF−Bank
German retail sales could have decreased slightly in May, as retailers' business assessment improved but consumer confidence deteriorated.
[ Full Story ]Top Market Movers Review
US NONFARM PAYROLLS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 2 | 12:30 | Nonfarm Payrolls | -467K | -375K | -322K |
| Jul 2 | 09:00 | Unemployment Rate | 9.5% | 9.4% | 9.3% |
DATA SNAP: US Payrolls Down Sharply In June (Dow Jones)
[ Full Story ]- Read the Employment data at the Labor Department
- Wall Street collapses on Unemployment data; Dollar rises on risk aversion (FXstreet.com)
- Forex: AUD/USD tumbles after bad employment data (FXstreet.com)
- CORRECT: DATA SNAP: US Payrolls Down Sharply In June (Dow Jones)
Forex Trading Strategies - US Employment Report a slightly disappointing mixed bag by Saxo Bank
US Morning Notes - NFP Report and ECB Press Conference Dominates Trade by Easy Forex
Currency Trading Majors Pairs - GBP/USD − Daily Chart by Master The Markets
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 2 | 12:30 | US | Continuing Jobless Claims (Jun 20) | 6702K | 6740K | 6755K |
| 14:00 | US | Factory Orders (May) | 1.2% | 0.7% | 0.5% |
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| Jul 3 | 00:00 | US | Markets Closed for Bank Holiday | |||
| 07:15 | CH | Consumer Price Index (MoM) (Jun) | 0.0% | 0.2% | ||
| 07:15 | CH | Consumer Price Index (YoY) (Jun) | -1.1% | -1.0% | ||
| 07:55 | EMU | Purchasing Manager Index Services (Jun) | 44.8 | |||
| 08:30 | UK | Housing Equity Withdrawal (QoQ) (1Q) | -£8B | |||