Forex Midday Report- June 30
Forex Midday Report- June 30
Forex Morning Report- June 30
Forex Morning Report- June 30
Bobbys Corner-Open Market-June.30.2010
Good Morning:
The Euro was stronger overnight as the ECB said it will lend EU banks 131.9 Bil euros for 3 months. Last year the ECB lent EU banks 442 Bil euros to combat the financial crisis. These loans are to be repaid tomorrow-which is why the ECB has initiated a new loan program. The demand for fresh cash was less than expected, which may be a sign that the financial industry may be stronger in the EU than originally expected.
Asian equity market fell-European markets rose and US Futures are looking for a positive opening this morning.
ADP survey shows that US companies added 13K workers in June. A gain of 60K was expected.
Oil:$76.41 Gold:$1243.20
| 7:00A.M. | MBA MORTGAGE APPLICATIONS | 25-Jun | -5.90% | |||
| 8:15A.M. | ADP EMPLOYMENT CHANGE | JUNE | 60K | 55K | ||
| 9:45A.M. | CHICAGO PURCHASING MANAGER | JUNE | 59.O | 59.7O | ||
| 10:00A.M. | NAPM-MILWAUKEE | JUNE | 65.O | |||
HAVE A GREAT DAY & GOOD LUCK
Rebroadcast of the Tuesday June 29th Training Webinar
Rebroadcast of the Tuesday June 29th, 2010 Forex Training Webinar – Click to watch
Forex Morning Report- June 29th
Forex Morning Report- June 29th
Bobbys Corner-Open Market-June.29.2010
Good Morning:
Signs that the global economic recovery is slowing caused the markets to run to the safety of the JPY-thus allowing the yen to reach it’s highest level against the euro in eight years. The JPY also reached a seven week high versus the USD ahead of this morning’s consumer sentiment data-which is forecast to be lower than last month. Slowing growth concerns always drive the markets to safer havens-like the JPY,CHF and USD.
World equity markets fell, and US Futures are sharply lower. Concerns that Chinese growth is slowing will effect global economies, as China is the main engine of the world’s economic recovery.
Oil:$76.31 Gold:$1238.40
| 9:00A.M. | S&P CS COMPOSITE -20 YoY | APRIL | 3.40% | 2.30% | ||
| 9:00A.M. | S&P CASESHILLER HOME PRICE INDEX | APRIL | 144.3O | 143.4O | ||
| 9:00A.M. | S&P CS 20 CITY MoM% SA | APRIL | -0.15% | -0.05% | ||
| 10:00A.M. | CONSUMER CONFIDENCE | JUNE | 62.5O | 63.3O | ||
Have a GREAT DAY & GOOD LUCK
Forex Evening Report- June 28 2010
Forex Evening Report- June 28 2010
Forex Midday Report- June 28
Forex Midday Report- June 28




