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US Session
March 03, 2010 4:59 PM CET
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G10 Advancers and Decliners vs USD |
| | CHF | 0.51 |  | | | DKK | 0.49 | | | | EUR | 0.45 | | | | GBP | 0.45 | | | | JPY | 0.45 | | | | NOK | 0.41 | | | | CAD | 0.28 | | | | SEK | 0.19 | | | | AUD | 0.04 | |  | NZD | -0.80 | |
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Global Indexes |
Current Level |
% Change |
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| FTSE 100 Index | 5'529.72 | + 0.83 | | DAX Index | 5'818.72 | + 0.73 | | SMI Index | 6'814.02 | - 0.09 | | S&P 500 Index | 1'123.28 | + 0.44 | | DJIA Index | 10'451.70 | + 0.44 | | Nikkei 225 Futures | 10'190.00 | + 0.30 | | Hang Seng Futures | 20'857.00 | - 0.21 |
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World Markets |
Current Level |
% Change |
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| Gold | 1'139.65 | + 0.44 | | Silver | 17.23 | + 1.88 | | VIX | 18.70 | - 1.89 | | Crude wti | 79.63 | - 0.06 | | USD Index | 80.28 | - 0.27 |
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Todays Calender |
Estimates |
Previous |
Country / GMT |
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| Thu 4 Mar | --- | --- | --- | | Preliminary GDP, % q/q Q4 | 0.1 | 0.1 | EUR/10:00 | | BoE MPC Bank Rate decision, % Mar | 0.50 | 0.50 | GBP/12:00 | | BoE MPC asset purchase target, £ bn Mar | 200 | 200 | GBP/12:00 | | ECB rate announcement, % Mar | 1.00 | 1.00 | EUR/12:45 | | ECB press conference | --- | --- | EUR/13:30 | | Nonfarm productivity, % q/q Q4 f | 6.3 | 6.2 | USD/13:30 | | Unit labour costs, % q/q Q4 f | -4.5 | -4.4 | USD/13:30 | | Initial jobless claims, thous 27-Feb | 470 | 496 | USD/13:30 | | Continuing claims, thous 20-Feb | 4600 | 4617 | USD/13:30 | | Factory orders, % m/m Jan | 1.8 | 1.0 | USD/15:00 | | Pending home sales, % m/m Jan | 1.0 | 1.0 | USD/15:00 | | Ivey PMI, Feb | 56.0 | 50.8 | CAD/15:00 |
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Currency Tech |
EURUSD
R 2: 1.3800
R 1: 1.3695
CURRENT: 1.3660
S 1: 1.3444
S 2: 1.3425
USDJPY
R 2: 90.22
R 1: 89.50
CURRENT: 88.60
S 1: 88.50
S 2: 87.55
GBPUSD
R 2: 1.5580
R 1: 1.5325
CURRENT: 1.5050
S 1: 1.4780
S 2: 1.4700
AUDUSD
R 2: 0.9090
R 1: 0.9065
CURRENT: 0.9055
S 1: 0.8935
S 2: 0.8790
USDCAD
R 2: 1.0530
R 1: 1.0490
CURRENT: 1.0295
S 1: 1.0200
S 2: 1.0100
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Market Brief |
• Eurozone Retail Sales (Jan) were mildly better than expected at -0.3% m/m, -1.3% y/y (-0.3%/-1.6% expected, 0.0%/-1.6% prior)
• EZ final Services PMI (Feb) revised down to 51.8 (52.0 flash estimate, 52.5 prior)
• UK Services PMI (Feb) rises to 58.4 (55.0 expected, 54.5 prior)
• US ADP Employment Report (Feb) in line with expectations at -20k, but large downward revisions to previous month (-60k from -22k)
• US ISM Non-Manufacturing Index (Feb) beat forecasts at 53.0 (51.0 expected, 50.5 prior)
• According to a government source, the Greek PM told cabinet he may turn to IMF if EU does not provide support
• EUR rises as government source cites Greek austerity measures of 4.8bln Euros
• EU’s Barroso stated that EU growth potential affected by crisis, mistakes in one country can affect others
• German government says Germany will not offer aid to Greece when Merkel and Panpandreou meet on Friday in Berlin
• Commodities: Gold rises to 6-week high at $1,142.43/oz
• Commodities: Silver rises to 5-week high at $17.30/oz, mirroring the moves in gold
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AUD GDP Powers On
March 03, 2010 10:02 AM CET
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G10 Advancers and Decliners vs USD |
| | JPY | 0.30 | | | | CHF | 0.20 | | | | EUR | 0.14 | | | | GBP | 0.12 | | | CAD | -0.20 | | | AUD | -0.24 | | | NOK | -0.36 | | | DKK | -0.37 | | | SEK | -0.38 | | | NZD | -0.43 | |
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Global Indexes |
Current Level |
% Change |
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| Nikkei 225 Index | 10,253.14 | + 0.30 | | Hang Seng Index | 20,876.79 | - 0.14 | | Shanghai Index | 3,097.01 | + 0.77 | | FTSE 100 Index | 5,474.23 | - 0.17 | | DAX Index | 5,767.34 | - 0.15 | | SMI Index | 6,810.04 | - 0.14 | | S&P future | 1,118.00 | + 0.05 |
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World Markets |
Current Level |
% Change |
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| Gold | 1,134.25 | - 0.03 | | Silver | 16.98 | + 0.36 | | VIX | 19.06 | - 1.02 | | Crude wti | 79.76 | + 0.10 | | USD Index | 80.46 | - 0.04 |
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Todays Calender |
Estimates |
Previous |
Country / GMT |
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| Greek Austerity Report Announcement | -- | -- | EUR / -- | | Ger Final Services PMI, index | 51.7 | 51.7p | EUR / 08.53 | | Final Services PMI | 52.0 | 52.0P | EUR / 08.58 | | Final Composite PMI, | 53.7 | 53.7P | EUR / 08.58 | | PMI services Index | 54.9 | 54.5 | GBP / 09.28 | | Retail sales, % m/m | -0.4 (-1.5 | 0.0 (-1.4) | EUR / 10.00 | | Change in ADP private payrolls, | -10 | -22 | USD / 13.15 | | Boston Fed President Rosengren (FOMC voter) speaks | -- | -- | USD / 14.15 | | ISM non-mfg index | 51.0 | 50.5 | USD / 15.00 | | Atlanta Fed President Lockhart (FOMC non-voter) sp | -- | -- | USD / 18.00 | | Fed Beige Book report released | -- | -- | USD / 19.00 |
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Currency Tech |
EURUSD
R 2: 1.3800
R 1: 1.3695
CURRENT: 1.3613
S 1: 1.3444
S 2: 1.3425
USDJPY
R 2: 90.22
R 1: 89.50
CURRENT: 88.76
S 1: 88.45
S 2: 87.50
GBPUSD
R 2: 1.5580
R 1: 1.5325
CURRENT: 1.4997
S 1: 1.4780
S 2: 1.4700
AUDUSD
R 2: 0.9090
R 1: 0.9050
CURRENT: 0.9025
S 1: 0.8935
S 2: 0.8790
USDCAD
R 2: 1.0685
R 1: 1.0625
CURRENT: 1.0352
S 1: 1.0309
S 2: 1.0200
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Market Brief |
• USD Feb auto sales at 10.38 mln unit annual rate, Jan 10.8 mln - Autodata.
• USD Feb light vehicle sales +12.2%, No. America-built 9.85 mln SAAR.
• GBP Feb Nationwide consumer confidence 80, Jan rev 74, highest since Jan "08.
• GBP Feb BRC shop prices +1.7%, Jan +2.3%, food price gains lowest in 3 yrs.
• AUD Treasaury Swan states he is looking to impose 2% cap on spending growth in "10-11.
• AUD Q4 GDP printed to the upside at +0.9% q/q, as exp +2.7% y/y, +2.4% exp.
• AUD Feb new vehicle sales +9.8% m/m, +17.1% y/y, -1.8% m/m sa
• Todays US ADP report will be important in adjusting forecasts for Fridays NFP
• WSJ suggests that US goverment will probe hedge fund on bets against EUR
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ACM Advanced Currency Markets SA (hereinafter referred as ACM) is a professional financial intermediary, directly regulated by the Swiss Federal Department of Finance, Anti Money Laundering Control Authority. As forex specialist, ACM provides only currency trading via highly professional forex trading software. All customers are aware that this information or any part thereof has been prepared without taking account of your objectives, financial situation and/or needs. This information is not intended as personalized investment advice and does not constitute a recommendation. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. The analysis is based on the information which ACM finds reliable and accurate, but ACM does not assume any responsibility for any material nor for the transactions made on the basis of the information or the estimates of the analysis. ACM cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct, indirect and/or consequential loss arising from any use of this information, document or its content. All opinions and estimates constitute ACM analysis as of the data and are subject to change without notice. ACM does not warrant the accuracy or completeness of information contained herein, such information is subject to change and is not intended to influence your investment decisions. Past performance is not a reliable indicator of future performance.
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