Global equity markets await Fed minutes

(Reuters) – Global equity markets and government debt traded near break-even on Wednesday as investors awaited minutes from the Federal Reserve’s June policy meeting for clues on when it will begin to slow its stimulative bond-buying program and by how much…

UK Prelim GDP q/q 07/25/12 Spike Trade (+10~20 pips)

4:30am (NY Time) UK GDP q/q Forecast -0.2% Previous -0.3% Definition Our focus will be on the GDP, is defined as the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of […]

Australia Retail Sales m/m 12/02/09

7:30pm NY Time AU Retail Sales Forecast 0.4% Previous -0.2% ACTION: BUY 1.0% SELL -0.2% AUD/USD DEFINITION “Measures the value of sales at the retail level. A rising trend has a positive effect on the nation´s currency because Retail Sales make up a large portion of consumer spending, which is a major driver of the […]

US ISM Non-Manufacturing PMI 09/03/09

10:00am (NY Time) US ISM Non-Manufacturing PMI   Forecast 48.3   Previous 46.4 ACTION: USD/JPY      BUY 50.8      SELL 46.0 We’ll trade today’s ISM Non-Manufacturing PMI as it is a leading indicator of the nation’s Services sector.  Since this is a leading indicator, many investors look at this release as an indicator of this month’s economic trend.  With […]

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