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US PPI, Housing Starts, Building Permits Data at 8:30AM

Written February 16, 2011 at 7:38 AM EST by Lawrence Fayman 

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Archived in Economic Statistics, Forex News, Forex Trading, FXDD Today

Canada Leading Indicators & Manufacturing Sales Data due at 8:30AM

Written February 16, 2011 at 7:31 AM EST by Lawrence Fayman 

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Archived in Economic Statistics, Forex News, Forex Trading, FXDD Today

Rebroadcast of Lesson 3 with Greg and Shawn

Written February 15, 2011 at 7:43 PM EST by Shawn Powell 

fxdd_rebroadcast

Rebroadcast of Lesson 3 with Greg Michalowski and Shawn Powell - Watch now

Archived in Economic Statistics, Forex News, Forex Trading, FXDD Today, Video

Business Inventories Rise & Housing Market Index Stays the Same

Written February 15, 2011 at 10:09 AM EST by Lawrence Fayman 

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Archived in Economic Statistics, Forex News, Forex Trading, FXDD Today

US Business Inventories & Housing Market Index due at 10AM

Written February 15, 2011 at 8:45 AM EST by Lawrence Fayman 

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Archived in Economic Statistics, Forex News, Forex Trading, FXDD Today

Empire Manufacturing & Import Price Index Rise as Retail Sales Fall Lower

Written February 15, 2011 at 8:36 AM EST by Lawrence Fayman 

Price Index(MoM):   Survey:  0.8%    Actual: 1.5%    Prior: 1.1%   Revised: 1.2%
Import Price Index(YoY):    Survey: 4.4%    Actual: 5.3%    Prior: 4.8%   Revised:  5.1%
Advance Retail Sales:     Survey:  0.5%    Actual:  0.3%     Prior:  0.6%     Revised:  0.5%

Core Retail Sales:     Survey:  0.6%    Actual: 0.3%   Prior: 0.5%    Revised:  0.3%

 

 

 

 

Archived in Economic Statistics, Forex News, Forex Trading, FXDD Today

Bobbys Corner-Open Market-Feb.15.2011

Written February 15, 2011 at 8:20 AM EST by Bob Slade 

bob-slade-forex-trading-7-150x200Good Morning:

Continued disharmony in the Middle East brought Brent Oil to a 2 year high.  With the region controlling 3/5 of the world oil reserves, the protests are causing concern for global economies.  With Egypt’s Mubarak ceding power to the military-the protests in the region are growing.  Bahrain is now in it’s second day of protests against the government, and protesters in Yemen were marching toward the presidential palace.  Iran also saw demonstrations in the biggest anti government rally since the disputed presidential elections in 2009.

On the FX arena-the Euro had good news as the German ZEW investor confidence survey rose for the 4th month in a row.  Both German and France missed their target with GDP data-but the markets shruged this off, as many feel that the weather in Europe had an effect on the data.
In the UK-CPI data showed inflation at 4%-which is adding enormous pressure for UK monetary officials.

Oil:$85.27                                                                           Gold;$1373.10

TIME FOR  EST. PRIOR
8:30A.M. EMPIRE MANUFACTURING FEB. 15.OO II.92
8:30A.M. IMPORT PRICE INDEX MoM JAN. 0.90% 1.10%
8:30A.M. IMPORT PRICE INDEX YoY      JAN. 4.40% 4.80%
8:30A.M. ADVANCE RETAIL SALES  JAN. 0.50% 0.60%
8:30A.M. RETAILS SALES LESS AUTOS JAN. 0.50% 0.50%
8:30A.M. RETAILS SALES EX AUTOS & GAS JAN. 0.40% 0.40%
9:00A.M. TOTAL NET TIC FLOWS DEC. $40.0B $39.0B
9:00A.M. NET LONG-TERM TIC FLOWS DEC. $85.1B
10:00A.M. BUSINESS INVENTORIES DEC. 0.70% 0.20%
10:00A.M. NAHB HOUSING MARKET INDEX  FEB. 17.O 16.O

HAVE A GREAT DAY & GOOD LUCK

Archived in Bobbys Corner, Economic Statistics, Forex News, Forex Trading, FXDD Today, Misc, Video

Import Price Index, Retail Sales & Empire Manufacturing Data due at 8:30AM

Written February 15, 2011 at 7:37 AM EST by Lawrence Fayman 

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Archived in Economic Statistics, Forex News, Forex Trading, FXDD Today

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