Monday, Nov 17, 12:04 GMT
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- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Blog: Starting the day by Valeria Bednarik
A new week starts, and maybe two things to consider: Japan also fell into recession, as the third quater GDP shrank, and there is no expectations of improvement in the next months; the world leaders met during the weekend yet failed to deliver some relief for the financial markets.
The Disciplined Trader: New FX Weekly report published on the majors by Pierre Charlebois
FxBootcamp: Pre London Outlook November 17th 2008 by Wayne McDonell
Live Sessions Schedule
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Nov 17, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Trade What Is Real, Not What You Feel: Quantifying Supply (resistance) and Demand (support) In The Forex Markets
Expert: Sam Seiden
Start: Mon, Nov 17, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Nov 17, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Nov 17, 13:30 GMT | Trading Economic Numbers, Advanced Applications | Adam Rosen | WBN | |
| Mon, Nov 17, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Nov 17, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: Europe − U.S.
GBP/USD
Daily Trading Forecast − G20 Outcome Satisfying for Financial Markets by Swiss e Trade AG
Cable picked up remarkable strength this European morning, currently trading around the important resistance zone at 1.4950. We doubt this resistance will be markedly broken today and rather expect downmoves later to levels around 1.4720.
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Currencies after G20
Daily Forex News − Forex − G20 meeting ended without concrete results and overall plan to stimulate the economy by ACM − Advanced Currency Markets
The Dollar and the Yen rose against the Euro on Friday as investors were looking for safe−haven amid a deteriorating global economic outlook and losses on Wall Street.
Weekly Analysis
Weekly Technical Commentary − Sterling has lost 53.5% of its value against the Yen so far this year by Mizuho Corporate Bank
Hard to believe but Sterling has lost 53.5% of its value against the Yen so far this year, 33.0% against the US dollar, and not a peep from the authorities up until this weekend.
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
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
US INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Cons. | Previous | |
| Nov 17 | 14:15 | Industrial Production (MoM) | -0.2% | -2.8% |
| Nov 17 | 14:15 | Capacity Utilization | 76.4% | 76.4% |
Friday Notes - Modest lift after huge output declines by HVB Group
Strong cross−currents were at work in October: One, hurricane−related disruption largely faded, although operations in several industries did not return to normal. Two, the strike of machinists at Boeing dragged on for a second month. It wasn't settled until early November.
[ Full Story ]Weekly Economic and Financial Commentary - It's Official: Euro−zone Recession by Wachovia
Top Market Movers Review
EMU TRADE BALANCE N.S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 17 | 10:00 | Trade Balance n.s.a. | -€5.6B | -€6.0B | -€9.4B |
| Nov 17 | 10:00 | Trade Balance s.a. | -€5.7B | -€5.7B | -€5.7B |
DATA SNAP: Euro−Zone Trade Deficit Eased In September (Dow Jones)
The euro zone's deficit on its trade in goods with the rest of the world eased in September as exports rose slightly faster than imports. The European Union's statistics agency Monday said the euro zone's deficit in its trade in goods narrowed to EUR5.6 billion from EUR9.4 billion in August.
[ Full Story ]- Read the Trade Balance data at Eurostat
- UPDATE: Euro−Zone Trade Deficit Eased In September (Dow Jones)
- INSTANT VIEW 2−Euro zone Sept trade deficit 5.6 bln euros (Thomson Financial News)
- INSTANT VIEW 1−Euro zone Sept trade deficit 5.6 bln euros (Thomson Financial News)
EMU economic indicators - Likely to improve by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 16 | 23:50 | JP | Tertiary Industry Index (MoM) (Sep) | -0.6% | -1.4% | |
| Nov 17 | 00:01 | UK | Rightmove House Price Index (MoM) (Oct) | -2.9% | 1.0% | |
| 00:01 | UK | Rightmove House Price Index (YoY) (Sep) | -7.1% | -4.9% | ||
| 00:30 | AU | Real Retail Sales (QoQ) (3Q) | 0.1 | 0.5 | -0.6 | |
| 10:00 | EMU | Trade Balance n.s.a. (Sep) | €-5.6B | -€6.0B | -€9.4B |
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| 10:00 | EMU | Trade Balance s.a. (Sep) | €-5.7B | -€5.7B | -€5.7B |
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| 13:30 | US | NY Empire State Manufacturing Index (Nov) | -27.00 | -24.62 | ||
| 14:15 | US | Capacity Utilization (Oct) | 76.4% | 76.4% | ||
| 14:15 | US | Industrial Production (MoM) (Oct) | -0.2% | -2.8% | ||
| 23:30 | US | Treasury Secretary Paulson speaks | ||||