Economic

A preview of the weeks key releases can be accessed by clicking on the link below. 

CLICK HERE FOR A PDF REPORT OF THE KEY ECONOMIC RELEASES FOR THE AUGUST 10th WEEK

Thank you for your continued busines and good luck with your trading this week

A preview of the weeks key releases can be accessed by clicking on the link below. 

CLICK HERE FOR A PDF REPORT OF THE KEY ECONOMIC RELEASES FOR THE JULY 28th WEEK

Thank you for your continued busines and good luck with your trading this week

Find attached the FXDD Weekly Preview of the key economic news and events for the week of July 13th.

CLICK HERE TO ACCESS THE PDF VERSION OF THE WEEK AHEAD (English Version)

FXDD每周财经数据点评：7月13日到7 月18日(中文版)

Thank you for your business and have a great weekend.

The FXDD Staff

Continuing Claim a touch higher at 3202 vs 3140 expected

According to a Labor Department Spokesperson the large decline may be due to timing of seasonal adjustments which anticipates auto layoffs in the first two weeks of July, and fewer occurred than expected. Auto makers generally reduce staff to upgrade factories in preparation of new car models.  In addition another influence might have been that the  survey was conducted during a holiday week which tends to distort numbers. 

The Continuing Claims moved sharply higher.  This is most likely a truer reflection of the employment picture in the US. The 4 week moving average rose to 3,126,000 from 3,110,000 the previous week.  This is the highest level since February 2004.

The bad news continues for these depressed lenders

housing market continues to suffer in May

dollar has not reacted  - more focus on oil seeling off and equity marktes getting ready for earnings season

Personal Income up 1.9% vs 0.4% expected

Richmond Fed -12  vs expected -5   - neg
Housing prices index down as well at -0.8 vs expected -0.4
usd/jpy  40 pips lower 107.40

bad news still in the housing market
dollar very mixed today - all eyes on Wed. Fed news at 2.15
the statement will be the key

PHILADELPHIA FED EMPLOYMENT INDEX -6.9 VS -1.0
More weakness on the job front
but
PHILADELPHIA FED PRICES-PAID INDEX 69.3 VS 53.8
more inflation risk
the CB balancing act will continue to be very dramatic i.e. -  volatile markets ahead