•  
  • New York 15:23
  • London 19:23
  • Barcelona 20:23
  • Tokyo 04:23
  • Sydney 06:23
  • SignUp | Login

Start the Day

President Obama says he wants to put constant pressure on China

Thu, Feb 4 2010, 07:19 GMT
by Nicole Elliott

Mizuho Corporate Bank  |  View company's profile


Vote:

1

0

Quote: 

‘Strange about parents. We have such easy access to them and such daunting problems of communication.’ James Merrill (1926-1995)


The News: 

President Obama says he wants to put constant pressure on China.


The Numbers: 

Greenwich Mean Time, with expectations and previous figures in brackets.

07:15 CH December Trade Balance versus CHF 2,144M November.

11:00 DE December Factory Orders (-2.0% to +1.5% M/M, +8.6% to +11.0% Y/Y, vs +2.8% and +4.5% November).

12:00 GB Bank of England interest rate decision (all say no change though Lloyds suggests another £25B of QE).

12:45 EZ16 ECB interest rate decision (unanimous in expecting no change at 1.00%; 13:30 News Conference).

13:30 US Q4 Unit Labour Costs (-5.7% to –1.0%, Non-Farm Productivity +4.6% to +8.5%, vs –2.5% and +8.1% Q3).

13:30 US Weekly Jobless Claims (420K to 480K, Continuing Claims 4,400K to 4,640K, vs 470K and 4,602K prior week).

13:30 CA December Building Permits (+1.0% to +6.0% versus –4.6% November).

15:00 CA January Ivey Purchasing Managers (49.5 to 55.0 versus 48.4 December).

15:00 US December Factory Orders (-0.6% to +6.0% M/M versus +1.1% November).

15:00 US Treasury’s Geithner testifies at Senate Budget Committee on 2011 Budget, Washington.

18:30 CA Bank of Canada’s Carney speaks at a lunch, Winnipeg.

19:00 US Fed’s Hoenig speaks on the economic outlook, Oklahoma City.


The Psychology:

New Zealand Jobless hits a ten year high at 7.3%.


The Risk: 

Markets looking for direction.


Today’s most interesting chart: Spain’s Ibex index

There are many ways to punish the mismanaged: selling the currency, their bonds, stocks and upping insurance costs.

Start The Day



Legal disclaimer and risk disclosure

The information contained in this page is based on or derived from information generally available to the public from sources believed to be reliable. No representation or warranty is made or implied that it is accurate or complete. Any opinions expressed in this paper are subject to change without notice. This page has been prepared solely for information purposes and if so decided, for private circulation and does not constitute any solicitation to buy or sell any instrument, or to engage in any trading strategy.
Vote:

1

0

Related reports

USD higher, Greek debt worries, India hikes rates by Easy Forex
Fri, Mar 19 2010, 18:04 GMT

Implications of a Chinese revaluation by Danske Bank A/S
Fri, Mar 19 2010, 08:29 GMT

President Obama cancels Asia/Pacific trip to try and push through his healthcare bill by Mizuho Corporate Bank
Fri, Mar 19 2010, 07:37 GMT

Fundamentals Don't Matter Until They Do by Comstock Partners Inc.
Fri, Mar 19 2010, 07:03 GMT

China Commerce officials comment on Yuan revaluation pressure by TradeTheNews.com
Fri, Mar 19 2010, 06:35 GMT

obama, china

[ View All ]

Related content

Asian FX market wrap: Chinese/US tensions, fewer JPY repatriations
Forex Live | Fri, Mar 19 2010, 05:02 GMT

Chinese internal demand increasing rapidly- anecdotal evidence
Forex Live | Thu, Mar 18 2010, 03:20 GMT

Asian FX market wrap:
Forex Live | Tue, Mar 16 2010, 05:09 GMT

Understandable why China fights attempts to strengthen the Yuan
Forex Live | Tue, Mar 16 2010, 01:23 GMT

EUR/USD Testing 1.3680
FXstreet.com | Mon, Mar 15 2010, 23:28 GMT

obama, china

[ View All ]

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2010 "FXstreet.com. The Forex Market" All Rights Reserved.