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• UK BBA mortgage approvals june: 37,278 vs 36,290 prev
• AUDUSD orders
• Bank of Spain: Recession easing in Q2
• EURJPY orders
• Technical levels 23 July
• USDJPY orders
• Japan’s Suga: Not planning to decide on sales tax rise before G20 summit
• EURUSD grinds higher again
• EURGBP orders
• European equity markets open firmer
• Shanghai Comp Index closes up 1.95% at 2043.88
• French business climate index july: 95 vs 94 exp
• GBPUSD orders
• EURUSD orders
• Eurostoxx 50 futures up 0.4%
• Nikkei closes up 0.82% at 14,778.51
• Nikkei just off its highs into the close
• Survey shows UK exports at their highest level since recession began
• Time for the EU crisis states to fight back
• UK review of EU membership begins

UK BBA mortgage approvals june: 37,278 vs 36,290 prev Posted: 23 Jul 2013 01:31 AM PDT highest since jan 2012 gross mortgage lending GBP 8.91 bln vs 8.68 bln prev Encouraging data but pound little changed at 1.5366 and 0.8585

AUDUSD orders Posted: 23 Jul 2013 01:30 AM PDT Currently 0.9257 Sellers 0.9285 0.9290 0.9300 0.9320 ( stop loss buying if breached ) 0.9340  0.9350 0.9380 0.9400 Buyers 0.9245 0.9225 0.9200 0.9185 0.9155 0.9140 0.9130 0.9120 0.9110 0.9100

Bank of Spain: Recession easing in Q2 Posted: 23 Jul 2013 01:30 AM PDT Sees Q2 GDP at -0.1% q/q vs -0.5% in Q1 Q2 GDP -1.8% y/y vs -2.0% in Q1 Strong exports drove moderation of recession Growth contraction pace moderated significantly These are estimates from the BOS monthly review so yet to be confirmed by the actual data. You can be sure they will be pretty spot on though. A rise in exports (+1.2% Q2 vs -1.3% Q1) and increased tourism are the main drivers behind the forecast. Still a very long way to go in turning round a 2% year on year decline.

EURJPY orders Posted: 23 Jul 2013 01:22 AM PDT Currently 131.17 Sellers 131.50 131.65 131.80 131.90 132.00 132.25 132.50 Buyers 130.80 130.50 130.30 130.20 130.10 130.00 129.80 129.50

Technical levels 23 July Posted: 23 Jul 2013 01:17 AM PDT Good morning one and all. Here are the levels for today. Got the time it takes down to about 50-60 mins. Still a work in progress. I’m thinking about dropping the moving averages from the list as most people should have those anyway. Let me know what you think.

USDJPY orders Posted: 23 Jul 2013 01:17 AM PDT Currently 99.46 Sellers  99.70 99.95 100.00 100.35  100.50  100.85 101.00  Buyers 99.15 99.00 98.80 98.60 98.50 98.30 98.00

Japan’s Suga: Not planning to decide on sales tax rise before G20 summit Posted: 23 Jul 2013 12:57 AM PDT No change to cabinet plan to decide on tax after Q2 data

EURUSD grinds higher again Posted: 23 Jul 2013 12:35 AM PDT The pair has moved back up through 1.3200 in early trading but now faces more Asian sell interest between 1.3210-20 Currently 1.3206 Cable also higher at 1.5373 but lagging a little dragging EURGBP back up to 0.8587 from 0.8580 support

EURGBP orders Posted: 23 Jul 2013 12:20 AM PDT Currently 0.8583 Sellers 0.8595 0.8610 0.8625 0.8630 ( stop loss buying if breached ) 0.8650 0.8665 0.8675 0.8700 Buyers 0.8580 0.8575 0.8565 0.8550 0.8535 0.8515 0.8500

European equity markets open firmer Posted: 23 Jul 2013 12:04 AM PDT FTSE +0.3% DAX +0.3% CAC 40 +0.3% IBEX +0.7% FTMIB +0.2%

Shanghai Comp Index closes up 1.95% at 2043.88 Posted: 23 Jul 2013 12:02 AM PDT

French business climate index july: 95 vs 94 exp Posted: 22 Jul 2013 11:47 PM PDT 93 prev

GBPUSD orders Posted: 22 Jul 2013 11:33 PM PDT Currently 1.5364 Sellers 1.5385 1.5390 1.5400 1.5410 1.5420 1.5440 1.5450 1.5470 Buyers  1.5355 1.5345 1.5325 1.5300 ( stop loss selling if breached) 1.5280 1.5250

EURUSD orders Posted: 22 Jul 2013 11:30 PM PDT Currently 1.3189 Sellers 1.3210 1.3220 1.3230 1.3250 1.3260 1.3275 1.3300 Buyers 1.3180 1.3160 1.3140 1.3125 1.3115 1.3100 1.3080

Eurostoxx 50 futures up 0.4% Posted: 22 Jul 2013 11:04 PM PDT DAX futures +0.3% CAC 40 futures +0.4% Bund futures up 5 on the open at 144.25

Nikkei closes up 0.82% at 14,778.51 Posted: 22 Jul 2013 11:02 PM PDT +120.47 high 14,820.18 low 14,549.06 USDJPY 99.52

Nikkei just off its highs into the close Posted: 22 Jul 2013 10:56 PM PDT Currently 14,810.73 from highs posted just now of 14,820.18 USDJPY firmer at 99.53

Survey shows UK exports at their highest level since recession began Posted: 22 Jul 2013 10:31 PM PDT According to the British Chamber of Commerce in a report due to be published today The Guardian has the details here

Time for the EU crisis states to fight back Posted: 22 Jul 2013 10:25 PM PDT So says AEP in his latest offering in The Telegraph

UK review of EU membership begins Posted: 22 Jul 2013 10:19 PM PDT As the countdown to a 2017 “in-out” referendum begins the UK is currently undertaking a review into its membership of the EU. The BBC carries a story here on the first six reports ( out of 32 ) to be published. They cover the single market, health, development co-operation and aid, foreign policy, animal health and welfare,food safety, and taxation. More from The Telegraph here

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