| | | | By Mike Paterson on Aug 30, 2013 04:57 am
It's never stopped them in the past ! * France supports "firm"action against Assad
View in browser »
 
By Mike Paterson on Aug 30, 2013 04:54 am
Currently 0.8926 Sellers 0.8965 0.8980 0.8990 0.9000 0.9010 0.9020 0.9050 Buyers 0.8900 0.8890 0.8880 0.8865 0.8850 0.8830 0.8800
View in browser »
By Mike Paterson on Aug 30, 2013 04:31 am
* 58,238 prev revised up from 57,667 * highest since march 2008 * mortgage lending GBP +0.7 bln vs 1.1 bln exp * M4 money supply growth m/m +0.6% vs +0.1% prev * y/y +1.8% highest since aug 2010 * consumer credit GBP +0.6 bln as exp vs +0.4 bln prev revised down from 0.5 bln Encouraging mortgage approvals data which supports stronger house price trend Not so cheery on the lending front though GBPUSD sold initially to test 1.5500 again.. currently 1.5502
View in browser »
By Mike Paterson on Aug 30, 2013 04:29 am
Currently 1.5514 Sellers 1.5530 1.5540 1.5550 1.5570 1.5590 1.5600 1.5610 1.5620 1.5650 Buyers 1.5490 1.5480 1.5465 1.5450 1.5425 1.5400
View in browser »
By Mike Paterson on Aug 30, 2013 04:19 am
Currently 1.3244 Sellers 1.3260 1.3280 1.3300 1.3310 1.3330 1.3350 1.3380 1.3400 1.3410 1.3420 Buyers 1.3210 1.3200 1.3185 1.3160 1.3150 1.3130
View in browser »
By Mike Paterson on Aug 30, 2013 04:15 am
Currently 98.03 having posted lows of 97.89 Large ( USD 1 bln ) expiry at 98.00 today (http://www.forexlive.com/blog/2013/08/30/large-usdjpy-expiry-today/) Sellers 98.25 98.40 98.50 98.80 99.00 99.15 99.30 99.50 Buyers 97.85 97.65 97.50 97.25 97.00 96.50
View in browser »
By Mike Paterson on Aug 30, 2013 04:00 am
* 12.1 prev A welcome improvement/respite albeit a small one EURUSD 1.3237
View in browser »
By Mike Paterson on Aug 30, 2013 03:50 am
That's no bad thing then! The UK chancellor from an interview on BBC radio just now There will be a national soul-searching about our role in the world and whether Britain wants to play a big part in upholding the international system * says talk of damaged US-UK ties after the vote against military action is " hyperbole" My own thoughts are that it's a sobering reminder of the need for caution in the wake of the Iraq debacle PM Cameron will come under increasing pressure from within his own ranks For more on the vote and the potential fall out here's the take of The Telegraph (http://www.telegraph.co.uk/news/worldnews/middleeast/syria/10275158/Syria-crisis-No-to-war-blow-to-Cameron.html)
View in browser »
By Mike Paterson on Aug 30, 2013 03:46 am
* repeats that inflation the main focus and forward guidance (http://www.forexlive.com/blog/2013/08/29/ecbs-nowotny-says-forward-guidance-assures-market-of-low-rates-for-foreseeable-future/) means low rates for some time
View in browser »
By Mike Paterson on Aug 30, 2013 03:39 am
* 1.25 prev revised up from 1.23 Out a little earlier but had no impact
View in browser »
By Mike Paterson on Aug 30, 2013 03:28 am
Low post 97.95 Difficult to see it trading too far away from 98.00 but plenty of time yet before option expiry (http://www.forexlive.com/blog/2013/08/30/large-usdjpy-expiry-today/) USD generally lower USDCHF 0.9301 from 0.9322 highs earlier
View in browser »
By Mike Paterson on Aug 30, 2013 03:10 am
* FTSE +0.04% * DAX +0.03% * CAC40 – 0.03% * IBEX -0.2% * FTMIB -0.2%
View in browser »
By Mike Paterson on Aug 30, 2013 02:43 am
Speech to parliament that he promised yesterday * but says its "a matter of concern" * expects rupee decline to be positively reflected in exports in coming months * says India must reduce its appettite for gold and consumption of oil * rupee fall caused by large current account deficit and other domestic factors * govt will take all possible steps to keep c/a below $70 bln * not contemplating capital controls * govt will do more to improve economic fundamentals * will contain fiscal deficit at 4.8% in 2014 * depreciation in rupee will put upward pressure on inflation * fundamentals of Indian economy remain strong * banks are well capitalized to pay for non-performing assets * there may be short term shocks to the economy which must be faced That would appear to be all Quite how he intends to curb gold and oil imports to improve c/a he doesn't say Perhaps our Indian readers can shed some light?
View in browser »
By Mike Paterson on Aug 30, 2013 02:21 am
* vs JPY 7.63 trln gain jan-march * april-june gain helped by strong domestic equities but hurt by record loss from yen bond investments of aJPY 945.1 bln Japan's Government Pension Investment Fund which has JPY 1 trln under management
View in browser »
By Mike Paterson on Aug 30, 2013 02:14 am
* FTSE futures -0.1% * DAX futures +0.2% * CAC40 futures +0.1% Bund futures flat at 140.60 Add: now up 15 ticks after weaker German reatil sales data
View in browser »
By Mike Paterson on Aug 30, 2013 02:03 am
* -70.85 * high 13,615.98 * low 13,335.91 * USDJPY 98.17 Down 2% on the week and 2% on the month (fourth monthly decline in a row)
View in browser »
By Mike Paterson on Aug 30, 2013 02:00 am
* -0.8% revised up from-1.5% prev (http://www.forexlive.com/blog/2013/07/31/german-retail-sales-june-1-5-vs-0-0-exp/) * y/y +2.3% vs +2% exp Lower than expected but prev revised higher Little change in EURUSD AT 1.3243
View in browser »
By Mike Paterson on Aug 30, 2013 01:55 am
Further to my earlier post (http://www.forexlive.com/blog/2013/08/30/option-expiries-10am-ny-cut-93/) I hear that the large expiry at 98.00 today is worth USD 1 bln which is likely to have some impact in keeping the price close by Just letting you know
View in browser »
By Mike Paterson on Aug 30, 2013 01:41 am
Currently -0.24% at 13, 423.92 USDJPY steady at 98.24
View in browser »
By Mike Paterson on Aug 30, 2013 01:02 am
* +15.3 prev (http://www.forexlive.com/blog/2013/07/31/japanese-housing-starts-june-yy-15-3-vs-15-8-exp/) USDJPY still 98.25
View in browser »
| | | | | | |
0 comments:
Post a Comment