Bobbys Corner-Open Market-Jan.13.2010

Written January 13, 2010 at 8:09 AM EST by  

bob-slade-forex-trading-3-150x200Good Morning:

Comments from Bank of England policy maker Sentancethat cited that interest rates may have to increase in the UK,  helped the GBP rise. The idea of removing some stimulus measures is premature at this time, but we are seeing signals from various central bankers that this is the direction that they will be pursuing in the near future.  The USD is weaker, as is the JPY.

Equity markets were mixed in Asia, are also mixed in Europe.  The US Futures are slightly higher at this time.

Oil fluctuated either side of $80/barrel.  Most commodity markets also saw lower prices overnight.

Oil:$80.08                                  Gold:$1135.10 

    TODAY’S RELEASES
TIME FOR  EST PRIOR
7:00A.M. MBA MORTGAGE APPLICATIONS 8-Jan   0.50%
2:00P.M. MONTHLY BUDGET STATEMENT DEC. -$78.5B -$51.8B
2:00P.M. FEDS BEIGE BOOK        
             

HAVE A GREAT DAY & GOOD LUCK

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