Friday, February 27, 2009
Special Report27.02.2009
The U.S. economy go into recession, this can be seen from the data that continue to survive in the largest economy in the world, making it difficult for investors to keep positive all the time because of fluctuations to the whole of the countries of the world, raising the suspicion of the success of government initiatives to support global financial markets and reduce of the losses incurred by companies around the world.
Turned out today to grant requests in the United States unexpectedly rose to the highest level ever again, with requests for durable goods continued to retract for the longest period since 1992 and for the sixth straight month, sales of new homes and turn down to the lowest levels all.
Grant requests for the week ending Feb. 21 rose to a value of 36 thousand to 667 thousand and the request is the highest since 1982 when the index began, while overall applications for individuals who receive a subsidy of 5.1 million arrived, as she was reading the previous request of $ 627 thousand, which was modified 631 to request, and that reading violated the expectations that predicted the number of applicants down to 625 subvention, and this increases the expectations of the high number .
Grant requests are ongoing for the week ending February 14 in the United States also increased the value of 114 to 5112 grant request and is the highest since 1983, and was expected to increase the number of grant requests to the 5024, while the previous reading had indicated that applications rose to 4987, but this reading had been amended to indicate that the number of applicants has been the value of 4998
The deep recession experienced by the sector to keep the economy is weak and not turn the U.S. economy further down in spite of all the initiatives by the U.S. GOVERNMENT and cutting down the interest rates to pump liquidity into the market, as the continuation of the lending system rigidity, high unemployment, which reduces the income and high incarceration bet on falling as well as the confidence the economy to keep demand for housing on the decline, despite the decline in the prices of houses, and so that the stability and activity to this sector, it would be difficult for the rest of the economy to recover.
Dollar made some gains on Thursday after data issued to it and such report may prompt the U.S. government to take further measures to save the economy and achieve stability, which would make him the first to recover from the recession that has plagued the countries of the world, and this approach goes to the stock of American rose in early trading today after a meeting of the optimism of investors to support government initiatives for the banking system.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Turned out today to grant requests in the United States unexpectedly rose to the highest level ever again, with requests for durable goods continued to retract for the longest period since 1992 and for the sixth straight month, sales of new homes and turn down to the lowest levels all.
Grant requests for the week ending Feb. 21 rose to a value of 36 thousand to 667 thousand and the request is the highest since 1982 when the index began, while overall applications for individuals who receive a subsidy of 5.1 million arrived, as she was reading the previous request of $ 627 thousand, which was modified 631 to request, and that reading violated the expectations that predicted the number of applicants down to 625 subvention, and this increases the expectations of the high number .
Grant requests are ongoing for the week ending February 14 in the United States also increased the value of 114 to 5112 grant request and is the highest since 1983, and was expected to increase the number of grant requests to the 5024, while the previous reading had indicated that applications rose to 4987, but this reading had been amended to indicate that the number of applicants has been the value of 4998
The deep recession experienced by the sector to keep the economy is weak and not turn the U.S. economy further down in spite of all the initiatives by the U.S. GOVERNMENT and cutting down the interest rates to pump liquidity into the market, as the continuation of the lending system rigidity, high unemployment, which reduces the income and high incarceration bet on falling as well as the confidence the economy to keep demand for housing on the decline, despite the decline in the prices of houses, and so that the stability and activity to this sector, it would be difficult for the rest of the economy to recover.
Dollar made some gains on Thursday after data issued to it and such report may prompt the U.S. government to take further measures to save the economy and achieve stability, which would make him the first to recover from the recession that has plagued the countries of the world, and this approach goes to the stock of American rose in early trading today after a meeting of the optimism of investors to support government initiatives for the banking system.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Thursday, February 26, 2009
Daily Fundamantal Report26.02.2009
Improvement in the U.S. dollar against a basket of currencies in the light of recent statements by Mr. Bernanke, the Federal Reserve Bank President who said that the U.S. economy will be recovered again if successful efforts by the government in supporting the economy and then the recession could end this year and in 2008 In the case of the failure of those efforts have been extended to 2010.
Also made the remarks today, the Japanese Minister of Finance to increase the downward pressure on the Japanese yen after Japan's economy shrank to its lowest level since 1974 and the minister made the remarks today to clarify the extent of the deficit of the balance of trade as a result of the low volume of exports by about 46.0% of the largest and pace in nearly two decades. This data helped the poor to pay the investors to abandon the Japanese yen as a safe haven to drop further against the dollar in three months.
The economic data released today and the largest economies within the European continent where the German economy on the actual reading of the index of the GFK consumer confidence, which was 2.6 higher than the value of the expectations that the value was 2.0 and the previous reading of 2.2, which was overtaking the present value of market expectations and analysts, and may This is an improvement in confidence levels, but mostly this will be a temporary situation as the German economic situation is still great confusion and vulnerability.
On the other hand, a sign of the Nationwide house prices in the United Kingdom, where the actual reading of third-seasonally adjusted (N. M. M.) Low value of 17.6% less than the expectations were low value of 17.1% and the previous reading, which was valued at 16.7%, and This suggests that the economic conditions in the United Kingdom and the sharp deterioration suffered by the domestic sector in the country has to pay owners to lower the prices of houses for sale in order to attract buyers and investors.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Also made the remarks today, the Japanese Minister of Finance to increase the downward pressure on the Japanese yen after Japan's economy shrank to its lowest level since 1974 and the minister made the remarks today to clarify the extent of the deficit of the balance of trade as a result of the low volume of exports by about 46.0% of the largest and pace in nearly two decades. This data helped the poor to pay the investors to abandon the Japanese yen as a safe haven to drop further against the dollar in three months.
The economic data released today and the largest economies within the European continent where the German economy on the actual reading of the index of the GFK consumer confidence, which was 2.6 higher than the value of the expectations that the value was 2.0 and the previous reading of 2.2, which was overtaking the present value of market expectations and analysts, and may This is an improvement in confidence levels, but mostly this will be a temporary situation as the German economic situation is still great confusion and vulnerability.
On the other hand, a sign of the Nationwide house prices in the United Kingdom, where the actual reading of third-seasonally adjusted (N. M. M.) Low value of 17.6% less than the expectations were low value of 17.1% and the previous reading, which was valued at 16.7%, and This suggests that the economic conditions in the United Kingdom and the sharp deterioration suffered by the domestic sector in the country has to pay owners to lower the prices of houses for sale in order to attract buyers and investors.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Wednesday, February 25, 2009
Tuesday, February 24, 2009
Special Report 24.20.2009
European shares hit their lowest level in six years when the markets closed Monday with a retreat by the banks, reports that a U.S. financial titan Citigroup is in talks to give Washington a greater share, while shares of auto companies came under pressure due to the continued decline of the greatest fears of the application.
The FTS Euro first 300 index of top European shares was 0.7% of its value to close at 730.73 points. The index decreased by 12% from the beginning of this year after falling 45% in 2008.
Several banks to decline sharply with the decline in shares of UPS 9%, Deutsche Bank, more than 5% and 12% Dexia.
In the automotive sector were shares of auto companies, the largest decline in trading today, wiping up the BMW and DaimlerChrysler and Porsche, Volkswagen, Peugeot, Renault and mortality between 3.8% and 10%.
Across Europe, the main DAX index ended at the Frankfurt Stock Exchange in Germany on Monday trading at 3936.45 points, down on the level of four thousand points for the first time in four years.
The index fell 100 British Financial Times on the London Stock Exchange by 0.8%. While the CAC 40 index fell in the Paris Bourse was up 0.5%
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The FTS Euro first 300 index of top European shares was 0.7% of its value to close at 730.73 points. The index decreased by 12% from the beginning of this year after falling 45% in 2008.
Several banks to decline sharply with the decline in shares of UPS 9%, Deutsche Bank, more than 5% and 12% Dexia.
In the automotive sector were shares of auto companies, the largest decline in trading today, wiping up the BMW and DaimlerChrysler and Porsche, Volkswagen, Peugeot, Renault and mortality between 3.8% and 10%.
Across Europe, the main DAX index ended at the Frankfurt Stock Exchange in Germany on Monday trading at 3936.45 points, down on the level of four thousand points for the first time in four years.
The index fell 100 British Financial Times on the London Stock Exchange by 0.8%. While the CAC 40 index fell in the Paris Bourse was up 0.5%
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Daily Fundamntal Report24.02.2009
After that we saw yesterday, the U.S. dollar's weakness against major currencies due to the pessimistic expectations that the economy works through the morning, the dollar managed to rise followed by each of the euro and the yen, according to the engine, which was directed technical currencies yesterday, and today we find a wave of trade return control of the new markets of major currencies to push towards the top at the expense of the Japanese yen
Rose pair euro / dollar today to complete his bottom, which had begun with the end of last week, and we find that the technical indicators at the moment and the day-to-day and still support the progressive movement in spite of EUR/USD approaching a steady pace towards the saturated procurement level daily. Today, the market very quiet with the absence of economic data for most of today's superpower economies, so we expect it to be a quiet trading day, and often the EUR/USD will be the formation of a side-trades during the period from transactions. The EUR/USD would be the goal of the first upward today in a state to continue towards the 1.3000 level at the top while in the case of the gradient will be the goal of the first pair at the 1.2690 level. The EUR/USD the highest so far at the level of 1.2947 and a minimum level at 1.2777.
Rose sterling / dollar today, which is also supported by a weak U.S. dollar and has driven investors to demand for other major currencies today, and had begun the day after a sterling progressive inability to penetrate the 1.4350 level to the bottom, which support a great deal of momentum to the upward rise to this as strong . Despite these strong upward movement that we expect will soon enter the pound within the trading side of the wave and from this perspective will be aimed upward at the next level would be 1.4670 while the objective in the case of the downward trend towards the bottom at the 1.4350 level, which was unable to breakthrough in the past.
Descended dollar / yen today, supported by a very weak dollar, which hit on Saturday, according to the analysis of the fundamental believe that while technical indicators are also supporting this movement down the yen, after the presence of saturated operations within the area of procurement at the day-to-day and moment. We expect that it would continue downward movement long as it is often able to penetrate the strong level of support at 92.70 and due to the absence of economic data today on the low levels of trading markets expect that the yen is also a side to the trades during the coming period, the downward tendency of some trades. Would be aimed downward in the case of being able to penetrate the 92.70 level, while at the level of 91.50 will not be able to increase the level of resistance at 94.20 92.74.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Rose pair euro / dollar today to complete his bottom, which had begun with the end of last week, and we find that the technical indicators at the moment and the day-to-day and still support the progressive movement in spite of EUR/USD approaching a steady pace towards the saturated procurement level daily. Today, the market very quiet with the absence of economic data for most of today's superpower economies, so we expect it to be a quiet trading day, and often the EUR/USD will be the formation of a side-trades during the period from transactions. The EUR/USD would be the goal of the first upward today in a state to continue towards the 1.3000 level at the top while in the case of the gradient will be the goal of the first pair at the 1.2690 level. The EUR/USD the highest so far at the level of 1.2947 and a minimum level at 1.2777.
Rose sterling / dollar today, which is also supported by a weak U.S. dollar and has driven investors to demand for other major currencies today, and had begun the day after a sterling progressive inability to penetrate the 1.4350 level to the bottom, which support a great deal of momentum to the upward rise to this as strong . Despite these strong upward movement that we expect will soon enter the pound within the trading side of the wave and from this perspective will be aimed upward at the next level would be 1.4670 while the objective in the case of the downward trend towards the bottom at the 1.4350 level, which was unable to breakthrough in the past.
Descended dollar / yen today, supported by a very weak dollar, which hit on Saturday, according to the analysis of the fundamental believe that while technical indicators are also supporting this movement down the yen, after the presence of saturated operations within the area of procurement at the day-to-day and moment. We expect that it would continue downward movement long as it is often able to penetrate the strong level of support at 92.70 and due to the absence of economic data today on the low levels of trading markets expect that the yen is also a side to the trades during the coming period, the downward tendency of some trades. Would be aimed downward in the case of being able to penetrate the 92.70 level, while at the level of 91.50 will not be able to increase the level of resistance at 94.20 92.74.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Monday, February 23, 2009
Dialy Fundamantal Report 23.02.2009
Control of an aura of calm day on the Great economies around the world where the economic agenda today, free of any data that would be able to move the markets, and according to economic data we expect it to be very quiet this week, in contrast to the past weeks of economic and data bus, which was important and dynamics of the markets, and show that these economies have been surrendered to the superpower's economic recession deepened in it at this time without the presence of a glimmer of hope that ultimately refers to the close
Expectations surrounding the U.S. economy suggest that the recent economic recession experienced by the current United States of America may be the worst in more than 30 years since the sharp deterioration in the levels of consumer confidence and reluctance on the expenditure due to the rise in unemployment levels have led to an alarming erosion of all the positive effects of all financial plans and standards adopted by the U.S. government to help its economy, the murdered, and although the U.S. government has finally agreed to pass the recovery plan of America of Mr. Barack Obama, which many expected to be the last hope for the U.S. economy out of the current impasse We find that economic conditions in the European region did not differ at all from the U.S. economy but on the contrary, they are the most deteriorated and that suffer from major economies within the European region of the defect and severe economic decline, without any positive signs, and in contrast to the U.S. economy, which is expected to begin recovery of its own with the end of last year, we find that the European region will remain confined within the economic recession at the end of this year and early next year
The main reason for the time being for the continued economic decline in all parts of the world is the lack of consumer and investor confidence in the current situation which leads them to want to constantly spending within or outside the country, and governments must restore the confidence lost to this world again if the actually wants to resolve the current crisis is exacerbated by the recent alarming.
Finally, we find that the American stock indexes have suffered severely during the closing on Friday the result of the deterioration in the financial sector, especially the Bank of Citigroup Inc after the high expectations on the government to buy a new part of the bank's shares to help it overcome its present plight, and had fallen value of the bank's shares by 22%.
Conclusion
The main reason for the time being for the continued economic decline in all parts of the world is the lack of consumer and investor confidence in the current situation which leads them to want to constantly spending within or outside the country, and governments must restore the confidence lost to this world again if the actually wants to resolve the current crisis is exacerbated by the recent alarming
Expectations surrounding the U.S. economy suggest that the recent economic recession experienced by the current United States of America may be the worst in more than 30 years since the sharp deterioration in the levels of consumer confidence and reluctance on the expenditure due to the rise in unemployment levels have led to an alarming erosion of all the positive effects of all financial plans and standards adopted by the U.S. government to help its economy, the murdered, and although the U.S. government has finally agreed to pass the recovery plan of America of Mr. Barack Obama, which many expected to be the last hope for the U.S. economy out of the current impasse We find that economic conditions in the European region did not differ at all from the U.S. economy but on the contrary, they are the most deteriorated and that suffer from major economies within the European region of the defect and severe economic decline, without any positive signs, and in contrast to the U.S. economy, which is expected to begin recovery of its own with the end of last year, we find that the European region will remain confined within the economic recession at the end of this year and early next year
The main reason for the time being for the continued economic decline in all parts of the world is the lack of consumer and investor confidence in the current situation which leads them to want to constantly spending within or outside the country, and governments must restore the confidence lost to this world again if the actually wants to resolve the current crisis is exacerbated by the recent alarming.
Finally, we find that the American stock indexes have suffered severely during the closing on Friday the result of the deterioration in the financial sector, especially the Bank of Citigroup Inc after the high expectations on the government to buy a new part of the bank's shares to help it overcome its present plight, and had fallen value of the bank's shares by 22%.
Conclusion
The main reason for the time being for the continued economic decline in all parts of the world is the lack of consumer and investor confidence in the current situation which leads them to want to constantly spending within or outside the country, and governments must restore the confidence lost to this world again if the actually wants to resolve the current crisis is exacerbated by the recent alarming
Weekly Fundamantal Report 23.02.2009
In the previous week, the dollar at the levels achieved prior to the end of his financial rescue plan approved by the government of President Barack Obama, but with the end of the week the dollar fell because of the uncertainty around the U.S. rescue plan, while the record showed Federal Committee meeting the previous week, the extent of the deterioration of the situation economic in the United States and trace the extent of pessimism in the future for the U.S. economy.
While U.S. stocks fell to their lowest levels since the end of the week with shares of Citigroup fell more than 22% and Bank of America shares ended trading to the lowest level since 1984, due to the absence of an encouraging future for the U.S. economy and Dow industrial stocks fell 1.34% to close at 7461 and closed S & P index to 770.05 after it fell 1.14% at the end of the week while the Nasdaq Composite Index fell 0.11% to close at 1441.23 recently.
The yellow gold has achieved the highest price at U.S. $ 1000.30 at the end of the previous week, due to investor interest in gold as a safe haven in the market, while the euro was not able to continue to decline in the previous week, causing a corrective movement, where the wave pushed him reluctant to return to the high trade again.
As per the case of the euro was better than the dollar after the comments came from the German economy runs a sort of a glimmer of hope to investors, where the remarks to refer to the great action in a bid to boost the economy and alleviate the period of economic stagnation, while the pound sterling has taken an upward movement after the saturation in sales to rise to the level of 1.4485 at the end of trading for the previous week.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
While U.S. stocks fell to their lowest levels since the end of the week with shares of Citigroup fell more than 22% and Bank of America shares ended trading to the lowest level since 1984, due to the absence of an encouraging future for the U.S. economy and Dow industrial stocks fell 1.34% to close at 7461 and closed S & P index to 770.05 after it fell 1.14% at the end of the week while the Nasdaq Composite Index fell 0.11% to close at 1441.23 recently.
The yellow gold has achieved the highest price at U.S. $ 1000.30 at the end of the previous week, due to investor interest in gold as a safe haven in the market, while the euro was not able to continue to decline in the previous week, causing a corrective movement, where the wave pushed him reluctant to return to the high trade again.
As per the case of the euro was better than the dollar after the comments came from the German economy runs a sort of a glimmer of hope to investors, where the remarks to refer to the great action in a bid to boost the economy and alleviate the period of economic stagnation, while the pound sterling has taken an upward movement after the saturation in sales to rise to the level of 1.4485 at the end of trading for the previous week.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Friday, February 20, 2009
Thursday, February 19, 2009
Special Report19.2.2009
President Barack Obama on the U.S. plan to pump $ 75 billion in the ailing housing market to help millions of Americans who are affected by the mortgage crisis to remain in their homes.
The plan aims to control the crisis of the ownership of banks to their homes because of failure to pay real estate loans
The U.S. faced a million home-owners of the banks brought the issues of last year, and may increase this number to 10 million in the coming years in the event of continuing economic stagnation according to a Swiss bank Credit Suisse,
Obama said in a speech prepared for delivery at the state of Arizona has been published in advance that the plan include pumping 75 billion dollars in the housing sector to assist the nine million Americans stay in their homes
Arizona, Obama has chosen to announce the plan because it is one of the most crisis-hit U.S. housing.
The larger-than-expected plan, which aims to help borrowers whose debts amount to more than the real value of their homes now, and to assist homeowners who are facing the possibility of restoring the banks owning their homes because they have failed to pay real estate debt.
The initiative will help the five million homeowners to pay their loans in addition to giving real incentives to banks to help four million more homeowners at risk of re-possession of their. homes, banks
Obama said during the signing in Denver, Colorado on Tuesday to spur an economic plan approved by Congress last week of 787 billion dollars must be to prevent an aggravation of the crisis in the possession of banks and the decline in house prices of houses and do everything possible to keep homeowners in their homes
The housing crisis in the United States in the heart of the financial crisis and credit beyond the limits of the United States to hit the economies of the world.
And stresses the housing crisis, exacerbated by new figures released by the Commerce Department reported Wednesday that the rate of building houses and building new housing fell last month by 16.8% compared to the previous month to 466 thousand units compared with 530 thousand in the previous forecasts of analysts.
The figures also showed that the number of applications for building, which is a measure of future construction activity also declined by 4.8% to 521 thousand units, a slightly lower than analyst expectations.
The number of new housing in 2008 to 906,200 units, the lowest since 1991, compared with 1.36 million in 2007 .
These figures suggest that the continuing weakness of the housing sector in the United States, under the worst economic crisis since the Second World War.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The plan aims to control the crisis of the ownership of banks to their homes because of failure to pay real estate loans
The U.S. faced a million home-owners of the banks brought the issues of last year, and may increase this number to 10 million in the coming years in the event of continuing economic stagnation according to a Swiss bank Credit Suisse,
Obama said in a speech prepared for delivery at the state of Arizona has been published in advance that the plan include pumping 75 billion dollars in the housing sector to assist the nine million Americans stay in their homes
Arizona, Obama has chosen to announce the plan because it is one of the most crisis-hit U.S. housing.
The larger-than-expected plan, which aims to help borrowers whose debts amount to more than the real value of their homes now, and to assist homeowners who are facing the possibility of restoring the banks owning their homes because they have failed to pay real estate debt.
The initiative will help the five million homeowners to pay their loans in addition to giving real incentives to banks to help four million more homeowners at risk of re-possession of their. homes, banks
Obama said during the signing in Denver, Colorado on Tuesday to spur an economic plan approved by Congress last week of 787 billion dollars must be to prevent an aggravation of the crisis in the possession of banks and the decline in house prices of houses and do everything possible to keep homeowners in their homes
The housing crisis in the United States in the heart of the financial crisis and credit beyond the limits of the United States to hit the economies of the world.
And stresses the housing crisis, exacerbated by new figures released by the Commerce Department reported Wednesday that the rate of building houses and building new housing fell last month by 16.8% compared to the previous month to 466 thousand units compared with 530 thousand in the previous forecasts of analysts.
The figures also showed that the number of applications for building, which is a measure of future construction activity also declined by 4.8% to 521 thousand units, a slightly lower than analyst expectations.
The number of new housing in 2008 to 906,200 units, the lowest since 1991, compared with 1.36 million in 2007 .
These figures suggest that the continuing weakness of the housing sector in the United States, under the worst economic crisis since the Second World War.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Special Report19.2.2009
President Barack Obama on the U.S. plan to pump $ 75 billion in the ailing housing market to help millions of Americans who are affected by the mortgage crisis to remain in their homes.
The plan aims to control the crisis of the ownership of banks to their homes because of failure to pay real estate loans
The U.S. faced a million home-owners of the banks brought the issues of last year, and may increase this number to 10 million in the coming years in the event of continuing economic stagnation according to a Swiss bank Credit Suisse,
Obama said in a speech prepared for delivery at the state of Arizona has been published in advance that the plan include pumping 75 billion dollars in the housing sector to assist the nine million Americans stay in their homes
Arizona, Obama has chosen to announce the plan because it is one of the most crisis-hit U.S. housing.
The larger-than-expected plan, which aims to help borrowers whose debts amount to more than the real value of their homes now, and to assist homeowners who are facing the possibility of restoring the banks owning their homes because they have failed to pay real estate debt.
The initiative will help the five million homeowners to pay their loans in addition to giving real incentives to banks to help four million more homeowners at risk of re-possession of their. homes, banks
Obama said during the signing in Denver, Colorado on Tuesday to spur an economic plan approved by Congress last week of 787 billion dollars must be to prevent an aggravation of the crisis in the possession of banks and the decline in house prices of houses and do everything possible to keep homeowners in their homes
The housing crisis in the United States in the heart of the financial crisis and credit beyond the limits of the United States to hit the economies of the world.
And stresses the housing crisis, exacerbated by new figures released by the Commerce Department reported Wednesday that the rate of building houses and building new housing fell last month by 16.8% compared to the previous month to 466 thousand units compared with 530 thousand in the previous forecasts of analysts.
The figures also showed that the number of applications for building, which is a measure of future construction activity also declined by 4.8% to 521 thousand units, a slightly lower than analyst expectations.
The number of new housing in 2008 to 906,200 units, the lowest since 1991, compared with 1.36 million in 2007 .
These figures suggest that the continuing weakness of the housing sector in the United States, under the worst economic crisis since the Second World War.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The plan aims to control the crisis of the ownership of banks to their homes because of failure to pay real estate loans
The U.S. faced a million home-owners of the banks brought the issues of last year, and may increase this number to 10 million in the coming years in the event of continuing economic stagnation according to a Swiss bank Credit Suisse,
Obama said in a speech prepared for delivery at the state of Arizona has been published in advance that the plan include pumping 75 billion dollars in the housing sector to assist the nine million Americans stay in their homes
Arizona, Obama has chosen to announce the plan because it is one of the most crisis-hit U.S. housing.
The larger-than-expected plan, which aims to help borrowers whose debts amount to more than the real value of their homes now, and to assist homeowners who are facing the possibility of restoring the banks owning their homes because they have failed to pay real estate debt.
The initiative will help the five million homeowners to pay their loans in addition to giving real incentives to banks to help four million more homeowners at risk of re-possession of their. homes, banks
Obama said during the signing in Denver, Colorado on Tuesday to spur an economic plan approved by Congress last week of 787 billion dollars must be to prevent an aggravation of the crisis in the possession of banks and the decline in house prices of houses and do everything possible to keep homeowners in their homes
The housing crisis in the United States in the heart of the financial crisis and credit beyond the limits of the United States to hit the economies of the world.
And stresses the housing crisis, exacerbated by new figures released by the Commerce Department reported Wednesday that the rate of building houses and building new housing fell last month by 16.8% compared to the previous month to 466 thousand units compared with 530 thousand in the previous forecasts of analysts.
The figures also showed that the number of applications for building, which is a measure of future construction activity also declined by 4.8% to 521 thousand units, a slightly lower than analyst expectations.
The number of new housing in 2008 to 906,200 units, the lowest since 1991, compared with 1.36 million in 2007 .
These figures suggest that the continuing weakness of the housing sector in the United States, under the worst economic crisis since the Second World War.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Daily Fundamantal Report 19.2.2009
Federal Reserve Bank issued the day the record of the meeting of the Federal Open final, which the Committee of which he installed in the region of interest rates between 0.25% and zero%, which they nicknamed the target area, and the bank said on announcing the stabilization of interest rates it provides for the purchase of the same long-term treasury bonds to support the lending and the U.S. economy. At the same time, the expectations of the Bank continues to indicate that the recovery in the U.S. economy will gradually later this year, but risks remain high downward largely on the outlook for economic growth
Expectations of the Committee to indicate that economic conditions will deteriorate further this year before returning to the top again, and has become expected that the U.S. economy will shrink this year between 0.5% and 1.3% before starting to recover again in 2010, which prospects are related indicates that the growth will range during the year between 2.5% and 3.3%. It is also expected to have high levels of unemployment during the current year to reach between 8.5% and 8.8% before it starts again in moderation
This was announced by Mr. Barak Obama on the program is estimated at $ 75.0 billion includes the deduction of mortgage payments to homeowners defaulting and the program is working to reduce the incidence of the seizure of the house by giving
Freddie Mac and Fannie Mae play a greater role for the companies than ever before
And we have Mr. Bernanke from Federal Reserve chairman, with clearer outlook on the levels of inflation in the long term will enable policy makers Committee Federal Open the control and control of the expectations of citizens and investors for inflation and therefore be able to squint from rising and declining levels of inflation Actual
The European economy is the absence of economic stability and it is already the economic data that have emerged today indicate that the European economy has already become a threat from the effects of internal. But what makes me optimistic is little data on the European banks, including the results better than expectations, which makes the situation in the European economy is now well, to some extent if the measurement has been the impact of the housing market and the stagnation of European enterprises on the economy by launching himself from the credit crisis at home. Perhaps this discussion was premature to follow the performance of the European housing market and economic trends and link the credit crisis, but it does not need to put this option in mind also that we learned in the international credit crisis is only the evolution of the stagnation of the U.S. housing market.
Very little information today, and continue our journey with the European economy and in the wait for further economic data that may change the course of the economy at any moment some improvement or to continue to point to the weakness of the European economy as it is now.
And direction to the currency market, the euro had opened the day at $ 1.2536 level and then took the upward trend, trying to penetrate the resistance level of $ 1.2641
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Expectations of the Committee to indicate that economic conditions will deteriorate further this year before returning to the top again, and has become expected that the U.S. economy will shrink this year between 0.5% and 1.3% before starting to recover again in 2010, which prospects are related indicates that the growth will range during the year between 2.5% and 3.3%. It is also expected to have high levels of unemployment during the current year to reach between 8.5% and 8.8% before it starts again in moderation
This was announced by Mr. Barak Obama on the program is estimated at $ 75.0 billion includes the deduction of mortgage payments to homeowners defaulting and the program is working to reduce the incidence of the seizure of the house by giving
Freddie Mac and Fannie Mae play a greater role for the companies than ever before
And we have Mr. Bernanke from Federal Reserve chairman, with clearer outlook on the levels of inflation in the long term will enable policy makers Committee Federal Open the control and control of the expectations of citizens and investors for inflation and therefore be able to squint from rising and declining levels of inflation Actual
The European economy is the absence of economic stability and it is already the economic data that have emerged today indicate that the European economy has already become a threat from the effects of internal. But what makes me optimistic is little data on the European banks, including the results better than expectations, which makes the situation in the European economy is now well, to some extent if the measurement has been the impact of the housing market and the stagnation of European enterprises on the economy by launching himself from the credit crisis at home. Perhaps this discussion was premature to follow the performance of the European housing market and economic trends and link the credit crisis, but it does not need to put this option in mind also that we learned in the international credit crisis is only the evolution of the stagnation of the U.S. housing market.
Very little information today, and continue our journey with the European economy and in the wait for further economic data that may change the course of the economy at any moment some improvement or to continue to point to the weakness of the European economy as it is now.
And direction to the currency market, the euro had opened the day at $ 1.2536 level and then took the upward trend, trying to penetrate the resistance level of $ 1.2641
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Wednesday, February 18, 2009
Daily Fundaamantal Report18.2.2009
We have started this week in a halo of fear seized investors on heightened recession in the world's major economies, in addition to the deepening economic recession has led to an increase in cases of bankruptcy of the banks in the United States for up to 13 bank since the start of this year, this is compounded by the investor concerns about the increased number compared with the number of bankruptcies in the banking sector by about 25 U.S. Bank in 2008.
The U.S. dollar moved upward against a basket of major currencies, the highest level not seen since the ten weeks, with the greatest impact is the reluctance of investors to trade in return as well as improved cash flow indicator in the U.S. economy, which was more than expected, prompting the major currencies others, such as the euro and the pound sterling towards the gradient.
The euro was opened today at the $ 1.2628 level and then went to the descend to the lowest level since 10 weeks but it took a lateral direction, a tendency towards decline since the data yesterday, targeting the $ 1.2528 level of support that, under pressure from falling due to the high value of the U.S. dollar significantly , and it has achieved the highest so far at $ 1.2799, while the minimum is achieved at the time of writing at a level of $ 1.2578.
descended the euro / dollar down sharply to achieve the minimum level for more than 10 weeks, due to the increase of fear in the European region on the worsening economic conditions than expected in the past where the bad data and indicators in the formulation of this pessimistic picture of the economy, and we find that the husband was not able to do to close the gap formed by trading so far, which is expected to take some time, the husband to be able to shut down. Disposed towards the area of trading today and will be below the level of resistance at the 1.2960 levels and support at the 1.2415 area. The husband has the highest so far at the level of 1.2799 and a minimum level at 1.2624.
As for ownership of the coin, which turned downward for the second day in a row had been opened the day at $ 1.4248 level and then tended to decline at about the level of support is now $ 1.4220 and rebounded once again rising, however, they failed to penetrate the resistance level of $ 1.4315 and then declined again increased again after the strong U.S. dollar against the pound sterling. Achieved the highest so far at $ 1.4291, while the minimum is achieved at the level of $ 1.4310.
Reap the pair dollar / yen strength today to make at the expense of the yen today for the third consecutive day and see that this movement was the progressive movement as inevitable that this upward trend is the direction of a very technical, and at the present time, we find that the husband was unable to penetrate the resistance level at 92.70 a result of the lack of momentum at the moment with the low level of trading, it is expected to decline slightly, we find a husband within the corrective movement which combines the upward momentum necessary to penetrate the resistance level mentioned, but in the case of the inability of the husband of the husband may see a fall in Transactions of the lower side of this level to try to break. Zone will be the day for trades between the level of the husband's resistance at the 94.50 level and support at the 89.80. The husband has the highest so far at the level of 92.74 and a minimum level of 91.65.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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The U.S. dollar moved upward against a basket of major currencies, the highest level not seen since the ten weeks, with the greatest impact is the reluctance of investors to trade in return as well as improved cash flow indicator in the U.S. economy, which was more than expected, prompting the major currencies others, such as the euro and the pound sterling towards the gradient.
The euro was opened today at the $ 1.2628 level and then went to the descend to the lowest level since 10 weeks but it took a lateral direction, a tendency towards decline since the data yesterday, targeting the $ 1.2528 level of support that, under pressure from falling due to the high value of the U.S. dollar significantly , and it has achieved the highest so far at $ 1.2799, while the minimum is achieved at the time of writing at a level of $ 1.2578.
descended the euro / dollar down sharply to achieve the minimum level for more than 10 weeks, due to the increase of fear in the European region on the worsening economic conditions than expected in the past where the bad data and indicators in the formulation of this pessimistic picture of the economy, and we find that the husband was not able to do to close the gap formed by trading so far, which is expected to take some time, the husband to be able to shut down. Disposed towards the area of trading today and will be below the level of resistance at the 1.2960 levels and support at the 1.2415 area. The husband has the highest so far at the level of 1.2799 and a minimum level at 1.2624.
As for ownership of the coin, which turned downward for the second day in a row had been opened the day at $ 1.4248 level and then tended to decline at about the level of support is now $ 1.4220 and rebounded once again rising, however, they failed to penetrate the resistance level of $ 1.4315 and then declined again increased again after the strong U.S. dollar against the pound sterling. Achieved the highest so far at $ 1.4291, while the minimum is achieved at the level of $ 1.4310.
Reap the pair dollar / yen strength today to make at the expense of the yen today for the third consecutive day and see that this movement was the progressive movement as inevitable that this upward trend is the direction of a very technical, and at the present time, we find that the husband was unable to penetrate the resistance level at 92.70 a result of the lack of momentum at the moment with the low level of trading, it is expected to decline slightly, we find a husband within the corrective movement which combines the upward momentum necessary to penetrate the resistance level mentioned, but in the case of the inability of the husband of the husband may see a fall in Transactions of the lower side of this level to try to break. Zone will be the day for trades between the level of the husband's resistance at the 94.50 level and support at the 89.80. The husband has the highest so far at the level of 92.74 and a minimum level of 91.65.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Special Report 18.2.2009
corporate bonds, where the purchase was worth 41 billion dollars, after waves of selling five-months.
China is the largest investor in U.S. Treasury bonds with a total investment of 696.2 billion dollars to up to the end of last year, while investment reached 578.3 billion to Japan and Britain to the U.S. $ 355 billion dollars.
Said Kathy Lien Director of Research Institute for Global Currency Trading Currency the high price of the dollar against other currencies, which began in December last was due to increased demand for the dollar by foreign investors.
Lien said that despite the economic difficulties faced by China, they contribute to the financing of the U.S. Treasury.
It is noteworthy that China has 1.9 trillion dollars of foreign exchange reserve is the largest in the world.
The United States trade deficit with China in 2008 to 266.3 billion dollars
China is the largest investor in U.S. Treasury bonds with a total investment of 696.2 billion dollars to up to the end of last year, while investment reached 578.3 billion to Japan and Britain to the U.S. $ 355 billion dollars.
Said Kathy Lien Director of Research Institute for Global Currency Trading Currency the high price of the dollar against other currencies, which began in December last was due to increased demand for the dollar by foreign investors.
Lien said that despite the economic difficulties faced by China, they contribute to the financing of the U.S. Treasury.
It is noteworthy that China has 1.9 trillion dollars of foreign exchange reserve is the largest in the world.
The United States trade deficit with China in 2008 to 266.3 billion dollars
Tuesday, February 17, 2009
Daily Fundamantal Report 17.2.2009
The euro was down at the start of trading today to its lowest level for almost two months of his statement from Moody's credit rating, which reduced the credit rating of a number of banks in Eastern Europe and this has added to the confusion that is raging in the European banking system, but returned after the data associated with the European ZEW indicator of economic confidence in the month of February, which improved to -8.7 percent compared to -30.8 and reduced the deficit in the trade balance for the month of December at a rate of -0.7% versus -7.0% and the improvement of the ZEW indicator of economic confidence in the month of February in Germany up to -5.8 compared to -31.0.
According to data from the European economy to improve confidence in the economy which would have positive effects on consumption and expenditure rates, which in turn will support the production cycle of the European companies will reduce rates and the demobilization of staff to improve the levels of sales.
Opened on the euro trading at 1.2800 levels and is parallel to the top, where it decreased to the lowest levels on record, and 1.2601 is expected to be back to face the highest level of resistance at 1.2685, as long as stable over the levels of support at 1.2605.
Increased sterling trades in the day after the economic data relating to the improvement in retail sales price index for the month of January to reach a rate of -1.3% compared to the previous reading at -1.4% and the consumer price index down for the month of January to record a decrease of 0.7% compared to low-literacy previous 0.4-% and this reading is better than expectations.
These data indicate improved levels of expenditure associated with improvement in the high level of wages that have the potential to reduce the impact of economic recession in the United Kingdom and this relieved the pressure on the British government to find appropriate solutions to revive the economy collapsed.
Transactions on the GBP/USD was called to order at 1.9297 levels and increased slightly at the highest levels on record and then fell to 1.4311 marks at the lower levels of 1.4125 and is expected to complete the course to face the declining level of support at 1.4240 with the possibility that the correct movement of the top face of the resistance level at 1.4305.
The U.S. dollar fell against the yen after comments by Japanese Finance Minister that he would resign from his post after the passage of budget bills for the national parliament and the decision to resign came after the martyrs in a press conference subsequent to the Group of Seven meeting in Rome.
Transactions of the USD/JPY was called to order at levels of 91.71 and rose to record levels of 92.75 at the top, then returned and dropped to the lowest levels recorded 91.57 and is expected to complete the course of the highest and is now deliberating between the level of support at the 91.40 level and resistance at 92.05.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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According to data from the European economy to improve confidence in the economy which would have positive effects on consumption and expenditure rates, which in turn will support the production cycle of the European companies will reduce rates and the demobilization of staff to improve the levels of sales.
Opened on the euro trading at 1.2800 levels and is parallel to the top, where it decreased to the lowest levels on record, and 1.2601 is expected to be back to face the highest level of resistance at 1.2685, as long as stable over the levels of support at 1.2605.
Increased sterling trades in the day after the economic data relating to the improvement in retail sales price index for the month of January to reach a rate of -1.3% compared to the previous reading at -1.4% and the consumer price index down for the month of January to record a decrease of 0.7% compared to low-literacy previous 0.4-% and this reading is better than expectations.
These data indicate improved levels of expenditure associated with improvement in the high level of wages that have the potential to reduce the impact of economic recession in the United Kingdom and this relieved the pressure on the British government to find appropriate solutions to revive the economy collapsed.
Transactions on the GBP/USD was called to order at 1.9297 levels and increased slightly at the highest levels on record and then fell to 1.4311 marks at the lower levels of 1.4125 and is expected to complete the course to face the declining level of support at 1.4240 with the possibility that the correct movement of the top face of the resistance level at 1.4305.
The U.S. dollar fell against the yen after comments by Japanese Finance Minister that he would resign from his post after the passage of budget bills for the national parliament and the decision to resign came after the martyrs in a press conference subsequent to the Group of Seven meeting in Rome.
Transactions of the USD/JPY was called to order at levels of 91.71 and rose to record levels of 92.75 at the top, then returned and dropped to the lowest levels recorded 91.57 and is expected to complete the course of the highest and is now deliberating between the level of support at the 91.40 level and resistance at 92.05.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Special Report17.2.2009
Said the German Institute for Economic Research that the German economy could shrink by 3% this year, more than most expectations.
The Institute based in Berlin that the decline in factory orders, production and the weakness of the construction sector will lead to a decline in gross domestic product of Germany.
And the expectations of the Institute's expectations announced by the German government, which amounted to 2.25%.
The institute expects the German economy shrinking by 1.4% in the first quarter of this year.
He explained that although the government-funded programs and the decline in commodity prices may well return to the economies of Germany and its trading partners, the future growth in Germany is heavily dependent on foreign markets as Germany is the largest source of the world.
Said Stephen Coates, spokesman for the Institute that the decline in the volume of exports of high value is the main reason for the weakness of the German economy.
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The Institute based in Berlin that the decline in factory orders, production and the weakness of the construction sector will lead to a decline in gross domestic product of Germany.
And the expectations of the Institute's expectations announced by the German government, which amounted to 2.25%.
The institute expects the German economy shrinking by 1.4% in the first quarter of this year.
He explained that although the government-funded programs and the decline in commodity prices may well return to the economies of Germany and its trading partners, the future growth in Germany is heavily dependent on foreign markets as Germany is the largest source of the world.
Said Stephen Coates, spokesman for the Institute that the decline in the volume of exports of high value is the main reason for the weakness of the German economy.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Special Report17.2.2009
Recorded a further drop in oil prices on Tuesday fell below $ 37 a barrel in Asian markets under the global economic recession has reduced demand for these vital article.
Compared with prices recorded yesterday, the low price of a barrel of U.S. light crude for March delivery by the next mid-day in electronic trading to 36.75 Singapore dollars, down 76 cents.
The price of U.S. crude has reached the end of trading last Friday of $ 37.51 a barrel. Although the Organization of Petroleum Exporting Countries (OPEC) cut production by 4.2 million barrels a day since last September, they shift more. But dissipated with the fall in global demand and rising U.S. crude inventories.
Since July last year which saw the rise in the price of a barrel to about $ 150, oil prices have tumbled, and by a high rate has now reached 75%. Affected by world oil markets are directly affected by the stagnant economies of rich countries consuming large quantities of oil.
For example, Japan, which is ranked second in the global economy, announced yesterday that an economic contraction by 3.3% in the fourth quarter of last year.
At a time when the economy remains vulnerable to the United States the most serious recession despite the Congress adopted the plan of President Barack Obama to revive the economy. The value of this rescue plan about $ 800 billion.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Compared with prices recorded yesterday, the low price of a barrel of U.S. light crude for March delivery by the next mid-day in electronic trading to 36.75 Singapore dollars, down 76 cents.
The price of U.S. crude has reached the end of trading last Friday of $ 37.51 a barrel. Although the Organization of Petroleum Exporting Countries (OPEC) cut production by 4.2 million barrels a day since last September, they shift more. But dissipated with the fall in global demand and rising U.S. crude inventories.
Since July last year which saw the rise in the price of a barrel to about $ 150, oil prices have tumbled, and by a high rate has now reached 75%. Affected by world oil markets are directly affected by the stagnant economies of rich countries consuming large quantities of oil.
For example, Japan, which is ranked second in the global economy, announced yesterday that an economic contraction by 3.3% in the fourth quarter of last year.
At a time when the economy remains vulnerable to the United States the most serious recession despite the Congress adopted the plan of President Barack Obama to revive the economy. The value of this rescue plan about $ 800 billion.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Monday, February 16, 2009
Tuesday, February 10, 2009
Daily Fundamental Report 10/2/2009
Today Fed governor Bernanke will testify on Fed programmers at House Panel, but focus is on US Treasury Secretary Geithner's speech on the financial rescue programmed today at 17:00 in Wash-ington. Today's session will be overshadowed by events in the US where Treasury Secretary Geithner will testify on the TARP program and should unveil details of a new Financial Rescue Program. The dollar was stronger during the Asian session, with the gains linked to a report in the Nikkei that Russian regional banks were looking to delay $400 bln in debt repayments. In foreign exchange, the Euro was heavily sold on feared exposure of European banks to the possibility of default implied by Russian banks' loan payment delay request. EUR/USD fell two big figures to a 1.2810 low before recovering slightly after Russia's Head of Regional Association denied Japanese media speculation.
U.S and Asian equity markets are little changed ahead of today's US senate vote on Obama's stimulus bill and US Treasury Secretary Geithner's speech on the financial rescue plan. The euro has weakened overnight on reports that Russian banks and companies may ask foreign, mainly European, banks to reschedule loans. US Treasuries have traded sideways overnight.
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U.S and Asian equity markets are little changed ahead of today's US senate vote on Obama's stimulus bill and US Treasury Secretary Geithner's speech on the financial rescue plan. The euro has weakened overnight on reports that Russian banks and companies may ask foreign, mainly European, banks to reschedule loans. US Treasuries have traded sideways overnight.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Monday, February 9, 2009
Daily Technical Report 9/2/2009
Sterling overcome all points of resistance that has to this day the opposite of all expectations through technical analysis, which refers to the sale of sterling against the dollar from 1.4799 and to the point, but move beyond this point and rose up to 1.4930 and this is the justification for the carry trade in the market and wants to seem remarkable that through the look at the sterling against the yen.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Daily Fundamental Report 9/2/2009
Decline in the dollar today, with the increasing expectations with high rates of unemployment in the month of January to reach a rate of 7.5% compared to previously at 7.2% in addition to the estimates, which revolve around work more layoffs of up to -540 A and function compared to previously when the -524 A; shows expectations the U.S. economy plunged in the process of economic stagnation
The euro rose in trading today, supported by a weak U.S. dollar, and after the European Central Bank's decision last week to keep interest rates steady at a rate of 2.00% in addition to Mr. Trichet's comments indicated that the rate of European inflation over the medium term may remain close to levels of 2.00%, and the view that European region will reap the benefits of reductions in the past months by 225 basis points over the next few months, and emphasized that inflationary pressures may be reduced within the European Union and beyond. Mr. Trichet said at the end of a press interview, he did not rule out further cuts in European interest rates in the coming months.
The pound sterling rose today is also supported by a weak U.S. dollar, and after the decision last week of the Bank of England to reduce UK interest by 50 basis points to reach the proportion of British interest at 1.00% and the lowest since 1964 and the reduction in conformity with the expectations and in order to revive the British economy in the the light of the deepest economic recession since World War II, and issued Friday by the British economy of industrial production data for the month of December where it came from reading the actual low-rate of 1.7% when compared to -2.3% previously.
Producer price index showed for the month of January a high proportion of 1.5% compared to the previous reading at the low rate of 2.0% which shows the response of the British economy of the British government's attempts to support the financial system.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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The euro rose in trading today, supported by a weak U.S. dollar, and after the European Central Bank's decision last week to keep interest rates steady at a rate of 2.00% in addition to Mr. Trichet's comments indicated that the rate of European inflation over the medium term may remain close to levels of 2.00%, and the view that European region will reap the benefits of reductions in the past months by 225 basis points over the next few months, and emphasized that inflationary pressures may be reduced within the European Union and beyond. Mr. Trichet said at the end of a press interview, he did not rule out further cuts in European interest rates in the coming months.
The pound sterling rose today is also supported by a weak U.S. dollar, and after the decision last week of the Bank of England to reduce UK interest by 50 basis points to reach the proportion of British interest at 1.00% and the lowest since 1964 and the reduction in conformity with the expectations and in order to revive the British economy in the the light of the deepest economic recession since World War II, and issued Friday by the British economy of industrial production data for the month of December where it came from reading the actual low-rate of 1.7% when compared to -2.3% previously.
Producer price index showed for the month of January a high proportion of 1.5% compared to the previous reading at the low rate of 2.0% which shows the response of the British economy of the British government's attempts to support the financial system.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Sunday, February 8, 2009
Weekly Fundamental Report 9/2/2009
The US dollar ended the past week down versus most of the major currencies as a surge in risk appetite weighed on low-yielders, including the Swiss franc and Japanese yen.
The Event risk for US dollar Japanese yen, euro, and British pound and an Australian dollar will pick up at a gradual pace throughout the week amidst testimony by Fed Chairman Bernanke. UK and Australian employment reports. US retail sales, and an expected record drop in Euro-zone GDP.
The employment losses have deepened considerably in recent months and revisions to previously published data suggest that total job losses for this recession will now top 6.5 million Nonfarm employments plunged by 598,000 jobs in January and the unemployment rate rose 0.4%points to 7.6%.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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The Event risk for US dollar Japanese yen, euro, and British pound and an Australian dollar will pick up at a gradual pace throughout the week amidst testimony by Fed Chairman Bernanke. UK and Australian employment reports. US retail sales, and an expected record drop in Euro-zone GDP.
The employment losses have deepened considerably in recent months and revisions to previously published data suggest that total job losses for this recession will now top 6.5 million Nonfarm employments plunged by 598,000 jobs in January and the unemployment rate rose 0.4%points to 7.6%.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Friday, February 6, 2009
Thursday, February 5, 2009
USD/CAD Technical outlook5/2/2009
Continue USD / CAD 1.2410 level steadily declining, which failed yesterday to break than to keep our expectations of the husband on the land systems 1.2200 towards the moment of time. Necessary attention to the fact that breaking the 1.2260 support level, closing down for an hour without a husband may give an acceleration of the decline to target levels of 1.2120 and 1.2056. We expect the husband to rise instantly to 1.2375 and then decline to the levels indicated at 1.2260 for a break and then move towards 1.2120 and then 1.2065.
Levels of trading today may be the level of support between 1.2120 and 1.2600 resistances.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Levels of trading today may be the level of support between 1.2120 and 1.2600 resistances.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
USD/JPY Technical outlook 5/2/2009
Rising USD / JPY in an attempt to break the downward trend to the regulations, where a moment of time the level of 89.37 points, the next chapter in the movement of the price. Closing hours on this level opens the way to rise to levels of 90.37 in an attempt to re-examine the levels of resistance to central direction instantaneous, but is still a downward trend, with opportunities to make corrections to the highest price.
Levels of trading today may be the level of support between 86.55 and 92.10 resistance level
the general trend is far from encouraging firmly to the bottom level of 102.10 and targets of 84.90 and 83.12
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Levels of trading today may be the level of support between 86.55 and 92.10 resistance level
the general trend is far from encouraging firmly to the bottom level of 102.10 and targets of 84.90 and 83.12
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Copyright©Fienex Group LLC2009
GBP/USD Technical outlook5/2/2009
Continue GBP / USD to raise steadily towards key resistance levels for short-term downward trend at 1.4765 based on an emerging sub-channel. 1.4350 a constant level of support to keep the chances of the husband to rise towards the levels mentioned, but necessary attention to the resolution of the interest rate on the pound sterling, which is likely to cause a decline spouse to break key support levels, which may delay the process of rising to 1.4765. Levels of trading today may be the level of support between 1.4150 and 1.4765 resistance levels is far from encouraging the general trend towards the lower level of 1.5220 and steadily aims at 1.3520 and 1.3375
EUR/USD Technical outlook5/2/2009
The EUR / USD decline to the levels of major support at 1.2805, which represents the current level of 76.4% Fibonacci correction. We note the possibility of forming a technical pattern is far from encouraging the level of fracture intersects with key support 1.2805, which may give the spouse acceleration towards the achievement of the objectives of the expected landing at 1.2545. We expect increased pressure for the determination of indicators of price levels around 1.2885 and then decline towards breaking the pattern and technical achievement of the objectives referred to. Levels of trading today may be the level of support between 1.2623 and 1.3318 resistance level is far from encouraging the general trend towards the lower level of firm targets at 1.4712 and 1.2623 and 1.2505
Wednesday, February 4, 2009
Special FXCBS Report4/2/2009
The dollar fell versus a basket of currencies on Tuesday after an unexpected jump in U.S. pending home sales and fresh simulative measures by central banks worldwide eroded safe-haven flows into the greenback.
The euro was last up 1.5 percent versus the dollar at $1.3038, after rising as high as $1.3056, according to Reuter's data. The dollar fell 0.2 percent to 89.29 yen.
The currency market continued to take its cue An announcement by the Bank of Japan of a plan to buy up to 1 trillion yen ($11 billion) in listed shares held by Japanese banks and a deep interest rate cut in Australia also helped boost sentiment earlier, analysts said.
The currency market continued to take its cue An announcement by the Bank of Japan of a plan to buy up to 1 trillion yen ($11 billion) in listed shares held by Japanese banks and a deep interest rate cut in Australia also helped boost sentiment earlier, analysts said.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The euro was last up 1.5 percent versus the dollar at $1.3038, after rising as high as $1.3056, according to Reuter's data. The dollar fell 0.2 percent to 89.29 yen.
The currency market continued to take its cue An announcement by the Bank of Japan of a plan to buy up to 1 trillion yen ($11 billion) in listed shares held by Japanese banks and a deep interest rate cut in Australia also helped boost sentiment earlier, analysts said.
The currency market continued to take its cue An announcement by the Bank of Japan of a plan to buy up to 1 trillion yen ($11 billion) in listed shares held by Japanese banks and a deep interest rate cut in Australia also helped boost sentiment earlier, analysts said.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
EUR/ GBP Daily out look4/2/2009
It is noted that the EUR / GBP is still going on
in the 0.8881-0.9074 area and was stable in the region for three days earlier where he had a mild resistance to 0.9082 at the point of knowing that he could be targeted at the landing point of 0.8801 and tested again in the event was able to pass this point could be as high as 0.8557.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
in the 0.8881-0.9074 area and was stable in the region for three days earlier where he had a mild resistance to 0.9082 at the point of knowing that he could be targeted at the landing point of 0.8801 and tested again in the event was able to pass this point could be as high as 0.8557.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
GBP/USD Daily out look4/2/2009
All the short-term prospects of the pound sterling against the dollar, says he will remain on the direction ascending as long as 1.4052 support holds and the point in the medium term would be from the bottom is at 1.3054 after failing to maintain less than the long-term support of 1.3685. The presence of GBP/USD above 1.4550 will add more credibility to this issue, but he will once again test the 1.3503 once.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Monday, February 2, 2009
Daily Fundamental Report 3/2/2009
The dollar pared gains on Monday as US stocks recovered most of earlier losses following the better ISM US manufacturing index. However, consumer spending recorded an unprecedented sixth monthly decline in December, indicating no signs of an economic recovery. President Barack Obama, warning about further bank write-downs, said the US government will need to offer additional support to the ailing financial sector. Treasury will present the government’s financial-rescue plan next week.
The GBP/USD fell for the first time in six days after Barclays Plc’s credit rating was lowered by Moody’s Investors Service and Prime Minister Gordon Brown indicated the UK has no plans to intervene to support the pound saying targeting the currency’s value proved a “recipe for failure.” On Thursday the Bank of England is expected to cut the benchmark interest rate 50 basis points to 1.00%, the lowest level ever. The GBP/USD is pressured by concerns about the solvency of the UK banking system and public finances amid a UK deepening recession
The GBP/USD fell for the first time in six days after Barclays Plc’s credit rating was lowered by Moody’s Investors Service and Prime Minister Gordon Brown indicated the UK has no plans to intervene to support the pound saying targeting the currency’s value proved a “recipe for failure.” On Thursday the Bank of England is expected to cut the benchmark interest rate 50 basis points to 1.00%, the lowest level ever. The GBP/USD is pressured by concerns about the solvency of the UK banking system and public finances amid a UK deepening recession
EUR/USD Daily out Look 2/2/2009
The Euro Passed down more than 1.2769, which confirms the resume that he was still falling from 1.4719 is still bias during the hearing to the negative side, as long as 1.2908 support holds, but in spite of this decline has been re-euro rise again over the 1.2908, but the maximum will not reach more than 1.3330.
Sunday, February 1, 2009
Weekly Fundamental Report 2/2/2009
Data set from Japan this morning on the deepening recession in the second-largest economy in the world, it was clear that the suffering of the various sectors in Japan and the pain which was harbored by citizens is exacerbated, since the decline in consumption at the global level, the value of the yen and fell Japanese products on which the payment of enterprises and factories to reduce costs by reducing production and laying off staff in order to reduce the losses in industrial production declined in December to its lowest level ever at -9.6% -8.5% from the previous level and the annual production fell to -20.6% from -16.6%.
And this decline in the performance of the industrial sector in which Japan depends for its growth came mainly at the expense of staff members who have been laid off from jobs and thus to reach the levels of unemployment in Japan to the highest level in 42 years to 4.4% in December from the previous 3.9%, Since the posts linked to income levels, which decline following the loss of jobs for the Japanese is also paid to families to reduce their expenses for the tenth consecutive month to reach -4.6% in December from the previous -0.5%, which led to consumer prices of 0.4% in December was 1.0% of the generated according to the fears that the deflation that would for companies in the event of a long time.
The U.S. stocks have extended losses yesterday after disappointing results for the corporate profits and disappointing data from the housing and employment, where the remaining grant requests at the highest level in 26 years of home sales fell to their lowest levels at all, while there is concern that the Council U.S. Senate, which must now approve the plan Obama worth 825 billion dollars and that by refusing to extend the suffering of Americans who are watching for the tax exemptions and the new posts will be made available through this program.
With the benchmark Dow Jones industrial average of shares of major U.S. 226.44 points, or 2.70% to 8147.97 points, down, and index Standard & Poor's 500 28.95 points, or 3.31% to 845.14 points and the Nasdaq Composite Index was down 50.50 points, or 3.24% to 1507.84 points. The deepening of the market today is the loss of data, which will be issued today, the U.S., where the growth is likely to shrink in the largest world economy in the fourth quarter of last year rose by 5.5% from -0.5% in the third quarter and this will put the U.S. economy officially in recession period a record of two consecutive quarters of negative growth, and will, accordingly, the economic outlook is very bad, with continuing high levels of unemployment to the highest level in 16 years, reduced consumption, investment and decline in industrial production, contraction of the housing sector continue to suffer in order opportunities for the bank to continue the difficult conditions on the loans.
After that we have seen the morning of confidence in Britain fell to -37 in January from the previous -33 is close to the lowest level ever and that the effect of increasing concern to the British from the deterioration of their living conditions with high unemployment and the deterioration of the financial deepened the recession in the UK United, we find that the confidence of consumers in the United States is also better than expected, where the Michigan index would remain low in January at 61.9 despite the fact that Obama took this month to lead the country was required to be supportive of the trust.
And this decline in the performance of the industrial sector in which Japan depends for its growth came mainly at the expense of staff members who have been laid off from jobs and thus to reach the levels of unemployment in Japan to the highest level in 42 years to 4.4% in December from the previous 3.9%, Since the posts linked to income levels, which decline following the loss of jobs for the Japanese is also paid to families to reduce their expenses for the tenth consecutive month to reach -4.6% in December from the previous -0.5%, which led to consumer prices of 0.4% in December was 1.0% of the generated according to the fears that the deflation that would for companies in the event of a long time.
The U.S. stocks have extended losses yesterday after disappointing results for the corporate profits and disappointing data from the housing and employment, where the remaining grant requests at the highest level in 26 years of home sales fell to their lowest levels at all, while there is concern that the Council U.S. Senate, which must now approve the plan Obama worth 825 billion dollars and that by refusing to extend the suffering of Americans who are watching for the tax exemptions and the new posts will be made available through this program.
With the benchmark Dow Jones industrial average of shares of major U.S. 226.44 points, or 2.70% to 8147.97 points, down, and index Standard & Poor's 500 28.95 points, or 3.31% to 845.14 points and the Nasdaq Composite Index was down 50.50 points, or 3.24% to 1507.84 points. The deepening of the market today is the loss of data, which will be issued today, the U.S., where the growth is likely to shrink in the largest world economy in the fourth quarter of last year rose by 5.5% from -0.5% in the third quarter and this will put the U.S. economy officially in recession period a record of two consecutive quarters of negative growth, and will, accordingly, the economic outlook is very bad, with continuing high levels of unemployment to the highest level in 16 years, reduced consumption, investment and decline in industrial production, contraction of the housing sector continue to suffer in order opportunities for the bank to continue the difficult conditions on the loans.
After that we have seen the morning of confidence in Britain fell to -37 in January from the previous -33 is close to the lowest level ever and that the effect of increasing concern to the British from the deterioration of their living conditions with high unemployment and the deterioration of the financial deepened the recession in the UK United, we find that the confidence of consumers in the United States is also better than expected, where the Michigan index would remain low in January at 61.9 despite the fact that Obama took this month to lead the country was required to be supportive of the trust.
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