Forex technikal and fundamental analysis: Your forexlive.com ENewsletter

Jan 7, 2011

Your forexlive.com ENewsletter

ECB’s Trichet: All indicators point to euro zone price stability being secured for forseeable future
EMU DATA: Eurozone GDP grew 0.3% on the quarter in…
Euro zone Q3 GDP growth revised down to 0.3% q/q
Talk of stops in USD/JPY
Roll up, roll up, time’s a wastin…….
Germany To Top Up 1.75% 10-Yr. Linker By E1 Bn; Sale Jan 12
Belgian 5 year cds rise to record high 255 bps, up 16 bps on day
Germany Confirms To Tap Oct2011 Bubill For E2 Billion Jan 17
EUR/USD dips and runs into Asian sovereign bids
Germany Seeks Bids On E5 Bln New 6-Mon Bubills; Sale Jan 10
EMU DATA: ECRI future inflation gauge hits a high of.
Portuguese/German 10-year bond yield spread widens to 433 bps, 13 bps wider on day
FRANCE DATA: November sa merchandise trade deficit…
French November trade balance -3.869 bln
What is the height of optimism?
GERMANY DATA: Germany November sa trade surpl falls..
MNI Survey: Japan Dec CGPI Seen +1.0%, 3rd Y/Y Rise In Row
German November retail sales much weaker than expected
China C.Bank: Euro an important part in fx reserves investment
Swiss s.a jobless rate 3.6% in December

ECB’s Trichet: All indicators point to euro zone price stability being secured for forseeable future

Posted:

Here he is!! Europe will not become an inflation community Euro is stable currency, as stable as predecessors, including the D-Mark

EMU DATA: Eurozone GDP grew 0.3% on the quarter in…

Posted:

EMU DATA: Eurozone GDP grew 0.3% on the quarter in the third quarter of last year, down from the +0.4% rate previously published, Eurostat reported. The annual figure, however, was confirmed at +1.9%. -- EMU 3q domestic demand unch q/q; 2q unch; 1q unch -- EMU 3q private consumption +0.1% q/q; ...

Euro zone Q3 GDP growth revised down to 0.3% q/q

Posted:

From 0.4%. Y/Y growth confirmed at 1.9%.

Talk of stops in USD/JPY

Posted:

Through 83.65. Seems like a million miles away ;) Sell orders noted up around 84.00.

Roll up, roll up, time’s a wastin…….

Posted:

It's that time of the month again. Put on your thinking caps and give us your best guesstimate for todays nfp number. Just think, in the very near future you could be strutting around in your very own ForexLive t-shirt. Wow...... http://www.forexlive.com/157119/all/crappy-tee-shirt-up-for-grabs#comment-175912

Germany To Top Up 1.75% 10-Yr. Linker By E1 Bn; Sale Jan 12

Posted:

FRANKFURT (MNI) - Germany will top up its 1.75% coupon 10-year linker by E1 billion, the Bundesbank announced Friday. The auction will take place on January 12. The bond will be linked to Eurozone HICP ex-tobacco products. The official call ...

Belgian 5 year cds rise to record high 255 bps, up 16 bps on day

Posted:

I'm really quite worried about Belgium. I think we all need to support them by drinking as much Belgian beer as humanly possible. If you don't drink alcohol, then you can gourge yourself on waffles. Portuguese 5 year cds rise to 540 bps, up 15 bps on day Spanish 5 year cds ...

Germany Confirms To Tap Oct2011 Bubill For E2 Billion Jan 17

Posted:

FRANKFURT (MNI) - Germany will tap its October-2011 maturity bubill for E2 billion on January 17, the Bundesbank confirmed Friday. The formal tender offer will be announced next Friday, January 14. Bids are due by 1000 GMT on Monday, January ...

EUR/USD dips and runs into Asian sovereign bids

Posted:

EUR/USD dipped briefly only to run into Asian sovereign bids lined up in the 1.2960/70 area, and we're presently back up at 1.2985. I'm slowly losing the will to live.

Germany Seeks Bids On E5 Bln New 6-Mon Bubills; Sale Jan 10

Posted:

FRANKFURT (MNI) - The German federal government is seeking bids for a E5 billion sale of new 6-month bubills, the Bundesbank confirmed Friday. Bids are due by 1000 GMT on Monday, January 10. The announcement of the auction results will ...

EMU DATA: ECRI future inflation gauge hits a high of.

Posted:

EMU DATA: ECRI future inflation gauge hits a 25-month high of 98.8 in November, the Econoic Cycle Research Institute reported on Friday. -- For more information, please see MNI Newswires

Portuguese/German 10-year bond yield spread widens to 433 bps, 13 bps wider on day

Posted:

Spanish/German 10-year government bond yield spread widens to 264 bps, 6 bps wider on day Italian/German 10-year government bond yield spread widens to 192 bps, 6 bps wider on day EUR/USD very marginally easier on the day, presently at 1.2975. But it's been painfully slow going so far. Talk of 1.2950 barrier option ...

FRANCE DATA: November sa merchandise trade deficit…

Posted:

FRANCE DATA: November sa merchandise trade deficit E3.869 bln after -E3.712 bln in October (revised from -E3.431 bln) -- For more information, please see Mainwire

French November trade balance -3.869 bln

Posted:

Better than median forecast of -4.3 bln.

What is the height of optimism?

Posted:

An Australian batsman putting on sunscreen :) Sorry Sean, couldn't stop myself.

GERMANY DATA: Germany November sa trade surpl falls..

Posted:

GERMANY DATA: Germany November sa trade surpl falls to E11.8bn; October unrev +E14.2bn -- Germany November nsa trade surplus +E12.9bn;October unrev +E14.2 -- Germany November nsa c/a surplus +E12.0bn; October rev +E12.1bn (+E11.7) -- For more information, please see MNI Newswires

MNI Survey: Japan Dec CGPI Seen +1.0%, 3rd Y/Y Rise In Row

Posted:

TOKYO (MNI) - Japan's corporate goods price index for December is expected to have risen 1.0% on year, marking the third straight y/y rise and continuing to post the highest gain since +2.4% in November 2008, according to the median forecast by economists surveyed by ...

German November retail sales much weaker than expected

Posted:

Have come in at -2.4% m/m, +2.0% y/y, compared to median forecasts +0.1%, +3.2% respectively. Elsewhere, German November trade surplus (s.a) has come in at 11.8 bln, below median forecast of 14.4 bln. Current account surplus 12.0 bln.