Bobbys Corner-Open Market-Dec.22.2009
Written December 22, 2009 at 8:17 AM EST by Bob Slade
Good Morning:
The FX markets continue to speculate on any interest rate increase from the FED. Some investors are now wondering if the FED will raise rates as quickly as originally thought. With the economy still not on firm ground, the FED should not be in any hurry to raise interest rates until they see a true increase in economic activity.
JPY was weak in overnight trading, falling against the 16 most widely traded pairs, as the BOJ reiterated that it will keep interest rates near zero.
Asian equity markets were mixed, Europe is higher, and US Futures are pointing to a higher opening this morning.
Oil:$73.21 Gold:$1088.00
| TODAY’S RELEASES | ||||||
| TIME | FOR | EST | PRIOR | |||
| 08:30AM | GDP QoQ (Annualized) | 3 QT | 2.80% | 2.80% | ||
| 08:30AM | PERSONAL CONSUMPTION | 3 Q T | 2.90% | 2.90% | ||
| 08:30AM | GDP PRICE INDEX | 3 Q T | 0.50% | 0.50% | ||
| 08:30AM | CORE PCE QoQ | 3 Q T | 1.30% | 1.30% | ||
| 10:00AM | RICHMOND FED MANUFACT.INDEX | DEC | 4.O | 1.O | ||
| 10:00AM | HOUSE PRICE INDEX MoM | OCT | 0.20% | 0.00% | ||
| 10:00AM | EXISTING HOME SALES | NOV | 6.25M | 6.1OM | ||
| 10:00AM | EXISITING HOME SALES MoM | NOV | 2.50% | 10.10% |
||
HAVE A GREAT DAY & GOOD LUCK
Categories: Bobbys Corner, FXDD Today, Forex News, Forex Trading, Misc | Tags: foreign Exxchange, Forex, FX, Gold, Oil, USD
Loading ...
No Responses to “Bobbys Corner-Open Market-Dec.22.2009”
Add a comment