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Friday,Oct 3 2008, 10:43:26 AMDaily Economic Calender

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Daily Newsletter: 02/10/2008 
By Jean-Claude Braha - ACM Advanced Currency Markets, Geneva, Switzerland
Today's Economic Calendar:
 TIME (GMT)    EVENT  VALUE NAME   CONS.  
01:30    AU:Imports   
01:30    AU:Exports   
04:00    US:Monster Employment Index   
06:00    DE:Retail Sales   
09:00    EMU:PPI   
11:45    EMU:ECB Announcement   
12:30    US:Jobless Claims   
14:00    US:Factory Orders   
14:35    US:EIA Natural Gas Report   
20:30    US:Money Supply   

Full week Economic Calendar        
$700 bio revised rescue plan was accepted by US senate
News and Events:
The Dollar rose against Euro on Wednesday on the view the European Central Bank might have to cut interest rates and optimism that US lawmakers were about to approve the $700bio plan to stabilize the US financial system. This revised version allows the Treasury to buy bad loans from banks to encourage fresh lending and boost economic growth. The Dollar also got a boost from a report showing US private employers cut a surprisingly low 8k jobs in September, according to ADP Employer Services.

The ECB meets today to decide on interest rates and could still leave its benchmark rate steady at 4.25%.

News that Britain's manufacturing sector shrank at a record pace in September pressured Sterling. The report raised the chances of a Bank of England rate cut next week.

Read Today's Key Issues and The Risk Today        
Resistance and Support:
EURUSD GBPUSD USDJPY USDCHF
1.5280 K 2.0100 K 110.67 T 1.1593 S
1.5000 P 1.8795 S 109.18 M 1.1418 T
1.4250 M 1.8668 M 107.00 M 1.1280 M
1.3885 1.7640 105.45 1.1325
1.3855 M 1.7735 M 105.00 P 1.0692 S
1.3666 S 1.7422 S 103.54 S 1.0500 K
1.3056 T 1.7251 S 100.00 P 1.0013 P
S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot


 Tag : Economy | 9 Views | Post Comments | Share with Friends

Wednesday,Oct 1 2008, 10:40:04 AMBail out or not Bail out ,, that is the question..

Senate to vote on financial rescue plan
=======================================

By ANDREW TAYLOR, Associated Press Writer 15 minutes ago ...

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 Tag : AND, Economy, finance | 136 Views | Post Comments | Share with Friends

Monday,Sep 15 2008, 09:26:09 PMEconomic Calender

Daily Newsletter: 15/09/2008
By Philippe Meyer - ACM Advanced Currency Markets, Geneva, Switzerland
Today's Economic Calendar:
TIME (GMT) EVENT VALUE NAME CONS.
No Events Scheduled ...

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Monday,Aug 25 2008, 11:26:53 AMDaily Economic Calender

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Daily Newsletter:25/08/2008
By Jean-Claude Braha - ACM Advanced Currency Markets, Geneva, Switzerland ...

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 Tag : Economy | 25 Views | Post Comments | Share with Friends

Monday,Aug 18 2008, 05:18:37 PMDaily Economic Calender

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 Tag : Economy | 19 Views | Post Comments | Share with Friends
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