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• June Italian trade balance (non-EU) €2.452 vs €2.97bn prior
• BOJ: Market sees no need for change to BOJ bond buying
• ECB: Uncertainty and borrower risk still curbing lending
• AUDUSD orders
• Technical levels 24 July
• EURJPY orders
• USDJPY orders
• May Italian retail sales 0.1% vs -0.1% prior m/m sa
• Eurozone markit services flash PMI july:49.6 vs 48.7 exp
• Eurozone markit flash manufacturing PMI july: 50.1 vs 49.1 exp
• AUDUSD slapped through 0.9220 support
• Cable gets hit with a double-whammy
• Euro pushes higher after strong PMI data
• German markit flash services PMI july: 52.5 vs 50.8 exp
• German markit flash manufacturing PMI july: 50.3 vs 49.2 exp
• European equity markets open a little firmer
• Shanghai Comp Index closes down 0.52% at 2033.33
• French markit services flash PMI july: 48.3 vs 47.6 exp
• French markit manufacturing flash PMI july: 49.8 vs 48.8 exp
• GBPUSD orders

June Italian trade balance (non-EU) €2.452 vs €2.97bn prior Posted: 24 Jul 2013 02:03 AM PDT Prior revised to €3.005bn

BOJ: Market sees no need for change to BOJ bond buying Posted: 24 Jul 2013 01:58 AM PDT The BOJ had a meeting today with 57 JGB market participants Market players discussed financial and money markets Bond purchases to be smoothly operated Will hold further meetings as needed

ECB: Uncertainty and borrower risk still curbing lending Posted: 24 Jul 2013 01:24 AM PDT ECB out with its July bank lending survey. Consumer credit standards eased for first time since 2007 Company credit standards tightened in Q2 but seen tightening less in Q3 Loan demand declined less in Q2 than Q1 Sees demand for loans declining in Q3 Access to retail and wholesale funding improved Overall a flat-ish report. Like with most things in Europe there’s still a way to go before credit gets back close to normality.

AUDUSD orders Posted: 24 Jul 2013 01:20 AM PDT Currently 0.9206 having just been slapped down further to 0.9189 Sellers 0.9220 0.9240 0.9250 0.9260 0.9300 0.9350 0.9360 0.9370 Buyers 0.9185 0.9155 0.9140 0.9130 9.9120 0.9110 0.9100 0.9050

Technical levels 24 July Posted: 24 Jul 2013 01:17 AM PDT Good morning. Here are the levels for today.

EURJPY orders Posted: 24 Jul 2013 01:16 AM PDT Currently 132.32 Sellers 132.50 132.75 133.00 133.20 133.50 Buyers 132.00 131.85 131.50 131.20 131.00 130.75 130.50

USDJPY orders Posted: 24 Jul 2013 01:13 AM PDT Currently on session highs at 100.03 Sellers 100.20 100.35 100.40 100.50 100.65 ( stop loss buying if breached) 100.85 100.95 101.00 Buyers 99.65 99.50 99.40 99.20 99.10 99.00 98.80

May Italian retail sales 0.1% vs -0.1% prior m/m sa Posted: 24 Jul 2013 01:00 AM PDT -1.1% vs -2.9% prior y/y nsa

Eurozone markit services flash PMI july:49.6 vs 48.7 exp Posted: 24 Jul 2013 12:59 AM PDT 48.3 prev Comp flash 50.4  vs 49.1 exp  48.7 prev To be expected after the strong releases from France and Germany Euro holding gains  but not making further advances for the moment as USD buying prevails EURUSD back to 1.3236 after taking out reported barrier at 1.3250 and posting 1.3255 highs

Eurozone markit flash manufacturing PMI july: 50.1 vs 49.1 exp Posted: 24 Jul 2013 12:58 AM PDT 48.8 prev

AUDUSD slapped through 0.9220 support Posted: 24 Jul 2013 12:57 AM PDT Talk was that this pair had strong support at 0.9220, but that’s now history Currently 0.9204 after stop loss sell orders triggered on the break EURAUD buying is a prime mover and now up to 1.4375

Cable gets hit with a double-whammy Posted: 24 Jul 2013 12:50 AM PDT Not only do we have strong sell interest lined up between 1.5395-1.5410 but now the rampant Euro is sending EURGBP higher putting an additional cap on GBPUSD Currently 1.5372 after 1.5390 highs EURGBP 0.8615 from 0.8620 highs.. sell interest up to 0.8630 I hear now

Euro pushes higher after strong PMI data Posted: 24 Jul 2013 12:34 AM PDT French and German flash PMIs both in much better than expected with the overall Eurozone release to come at 07.58 GMT EURUSD is testing a reported barrier at 1.3250. currently 1.3245 adter 1.3249 high post EURGBP up to 0.8612 from 0.8588 lows earlier. Sellers seen at 0.8615-25 EURJPY 132.20 with good sell interest at 132.50

German markit flash services PMI july: 52.5 vs 50.8 exp Posted: 24 Jul 2013 12:28 AM PDT 50.4 prev Comp flash 52.8 vs 50.9 prev Better than expected again pushing Euro higher EURUSD testing good sell interest at 1.3250.. currently 1.3242 EURGBP up to 0.8608 EURJPY 132.22

German markit flash manufacturing PMI july: 50.3 vs 49.2 exp Posted: 24 Jul 2013 12:28 AM PDT 48.6 prev

European equity markets open a little firmer Posted: 24 Jul 2013 12:06 AM PDT FTSE  +0.1% DAX +0.1% CAC 40 +0.2% IBEX  +0.4% FTMIB +0.2%

Shanghai Comp Index closes down 0.52% at 2033.33 Posted: 24 Jul 2013 12:04 AM PDT

French markit services flash PMI july: 48.3 vs 47.6 exp Posted: 23 Jul 2013 11:58 PM PDT 11 month high 47.2 prev Comp PMI flash 48.8  vs 47.4 prev 17 month high All much better than expected Euro better bid with EURUSD 1.3215 from 1.3198 EURGBP 0.8600  EURJPY taking out offers at 132.00

French markit manufacturing flash PMI july: 49.8 vs 48.8 exp Posted: 23 Jul 2013 11:58 PM PDT 17 month high 48.4 prev

GBPUSD orders Posted: 23 Jul 2013 11:38 PM PDT Currently 1.5350 Sellers 1.5375 1.5395 1.5400 1.5410 1.5420 1.5450 1.5470 1.5500 Buyers 1.5340 1.5330 1.5320 1.5305 1.5300 1.5295 1.5280 1.5250

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