IMF lowers global economy growth forecast to 3.3 percent in 2012 (Down 0.1 percent on previous forecast) and 3.6 percent is 2012 (down 0.3 percent)
Chinese economic growth lowered to 8.2 percent in 2013 vs 8.4 percent previously forecast.
India also lowered by 0.6 percent while Brazil lowered by 0.7 percent.
Showing posts with label Economic Data. Show all posts
Showing posts with label Economic Data. Show all posts
Thursday, 4 October 2012
Malaysia Trade Balance 7.1 Bln vs forecast 6.2 Bln Ringgit
RTRS-MALAYSIA'S AUGUST EXPORTS DOWN -4.5 PCT FROM YR AGO VS -2.5 PCT FORECAST IN REUTERS POLL
Malaysia exports to China down 10.6 Percent on year, to EU down 24.2 percent on year.
Looks like the whole world is slowing down!
Malaysia exports to China down 10.6 Percent on year, to EU down 24.2 percent on year.
Looks like the whole world is slowing down!
BOJ announces no new monetary easing
Bank of Japan rate decision was unanimous. I think this is a bit of a surprise to the market. This is more towards bearish usdjpy.
Market positioning wise, we have seen a lot JPY crosses being bought yesterday. The opposite flow could be seen in the next few trading session.
Gd luck!
Market positioning wise, we have seen a lot JPY crosses being bought yesterday. The opposite flow could be seen in the next few trading session.
Gd luck!
Tuesday, 2 October 2012
Poor Aussie trade number
Australian trade balance came in at -2027million vs forecast -700million.
Audusd broke 1.0340 the 100dma support level yesterday. And is meeting
Bids around 1.0220 level.
Iron ore export actually rose month on month. But I'm not sure
If that can last given falling Chinese demand.
All in all a rather dissapointing data. It is a bigger fall in exports rather than rise
In imports that is behind it.
Market is currently taking profit at 1.0220 level. I would try and go short on any of the rallies.
Good day all :)
Audusd broke 1.0340 the 100dma support level yesterday. And is meeting
Bids around 1.0220 level.
Iron ore export actually rose month on month. But I'm not sure
If that can last given falling Chinese demand.
All in all a rather dissapointing data. It is a bigger fall in exports rather than rise
In imports that is behind it.
Market is currently taking profit at 1.0220 level. I would try and go short on any of the rallies.
Good day all :)
Wednesday, 5 September 2012
Market talks of SNB buying euros
Talks of them buying euros. However on reuters, Swiss National Bank declines to comment on it.
German bonds .. Dax jump 0.5%
GERMAN 10-YEAR BOND AUCTION ATTRACTS BIDS WORTH LESS THAN AMOUNT OFFERED, TECHNICALLY UNCOVERED
Tuesday, 4 September 2012
AUSTRALIAN ECONOMY EXPANDED 0.6% IN 2Q FROM QTR AGO
*AUSTRALIAN ECONOMY EXPANDED 3.7% IN 2Q FROM YEAR AGO
*AUSTRALIA'S 1Q GDP REVISED TO 1.4% RISE QOQ FROM 1.3% GAIN
*AUSTRALIAN 2Q NON-FARM GDP ROSE 0.6% FROM PREVIOUS QTR
*AUSTRALIAN 2Q CHAIN PRICE INDEX ROSE 0.4% VS PREVIOUS QTR
*AUSTRALIAN 2Q GDP RISES 0.6% FROM PRIOR QTR; EST. 0.7% GAIN
*AUSTRALIAN HOUSEHOLD SAVINGS RATIO WAS 9.2% IN 2Q
*AUSTRALIA'S 1Q GDP REVISED TO 1.4% RISE QOQ FROM 1.3% GAIN
*AUSTRALIA'S 1Q GDP REVISED TO 1.4% RISE QOQ FROM 1.3% GAIN
*AUSTRALIAN 2Q NON-FARM GDP ROSE 0.6% FROM PREVIOUS QTR
*AUSTRALIAN 2Q CHAIN PRICE INDEX ROSE 0.4% VS PREVIOUS QTR
*AUSTRALIAN 2Q GDP RISES 0.6% FROM PRIOR QTR; EST. 0.7% GAIN
*AUSTRALIAN HOUSEHOLD SAVINGS RATIO WAS 9.2% IN 2Q
*AUSTRALIA'S 1Q GDP REVISED TO 1.4% RISE QOQ FROM 1.3% GAIN
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