BUY FXO Forum Shares
1243
Shares in the BANK:
We BuyWe Sell
$1.943$2.0031
Results 1 to 3 of 3

Thread: U.S. Market Preview

  1. #1
    In Profit
    Join Date
    Jun 2007
    Posts
    117
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default U.S. Market Preview

    On the US calendar today are the releases of May personal income, personal spending, the PCE deflator, and PCE core at 8:30 ET, followed by the June Chicago PMI at 9:45 ET, and at 10:00 ET May construction spending, and the Final University of Michigan confidence for the month of June. There are no Fed speakers scheduled in the US today, and there is no new supply scheduled.

    Regarding today's data, May personal spending is expected to rise to 0.6% from -0.1% in April, while personal spending is expected to rise to 0.7% from 0.5% in April. The PCE deflator is expected to rise to 2.3% in May from 2.2% in April, and PCE Core m/m is expected to remain unchanged at 0.1%. The Chicago PMI for the month of June is expected to decline to 58.0 from 61.7 in May. Construction spending for the month of May is expected to remain unchanged at 0.1%. The final reading of the June University of Michigan confidence is expected to rise slightly to 84.0 from the previous reading of 83.7.

    In European economic news overnight German retail sales for the month of May declined by more than expected overnight to -1.8% m/m from 2.6% in April and to -3.7% y/y from -0.6% in April. The French consumer confidence indicator for the month of June, which was expected to decline, rose to -12 from -14 in May to its highest level since the series began in November of 2003. The final reading on first-quarter GDP in the UK was in line with the preliminary reading at 0.7% q/q, and was revised up to 3.0% y/y from the preliminary reading of 2.9%. Also in the UK overnight the GfK consumer confidence indicator for the month of June declined to -3 from -2 in May. As expected the Euro-Zone CPI estimate came in at 1.9% overnight.

    In Asian economic news overnight the Japanese headline CPI reading came in at 0.0%, above estimates of -0.1%, while the core reading came in at -0.3%, in line with analyst estimates. The Japanese jobless rate, which was expected to rise, remained unchanged from April at 3.8%. Recall that the prior month's reading was the lowest since March of 1998. In New Zealand the first-quarter q/q GDP reading was in line with estimates at 1.0%, while the y/y reading was at 2.5%, above estimates of 2.4%. Both readings reached their highest level since the second-quarter of 2005. The Nikkei 225 closed up 1.15% overnight, while the Hang Seng closed down 0.75%, and, over in Australia, the ASX 200 closed up 0.15%.

  2. #2
    Piplet
    Join Date
    Jul 2007
    Posts
    8
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    thanxs for your informaton

  3. #3
    In Profit
    Join Date
    Jun 2007
    Posts
    118
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    thank u but u must put the resource of the information .

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2016 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning:: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us