US ISM Manufacturing PMI 08/03/09

10:00am (NY Time) US ISM Manufacturing PMI   Forecast 46.4   Previous 44.8 ACTION: USD/JPY                                    BUY 49.0             SELL 44.0 This is one of the first important indicator for this week and may have a longer effect for the rest of the month.  If the number is lower, we’ll  look to BUY GBP/USD, EUR/USD or SELL USD/JPY, USD/CHF, USD/CAD. […]

UK Manufacturing PMI 08/03/09

4:30am (NY Time) UK Manufacturing PMI   Forecast 47.7   Previous 47.0 ACTION: GBP/USD                                     BUY 50.1              SELL         45.0 Manufacturing PMI is a survey of purchasing managers in the manufacturing sector on various economic activities, including inventory, employment, orders, etc… A higher than 50 reading means expansion, or a less than 50 reading means contraction. If our SELL number […]

UK Prelim GDP q/q 07/24/09

4:30am (NY Time) UK GDP q/q       Forecast -0.3%    Previous -2.4% ACTION: (GBP/USD)                               BUY 0.1%                 SELL -0.5% 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 […]

UK Retail Sales m/m 07/23/09

4:30am (NY Time) UK Retail Sales        Forecast 0.4%     Previous -0.6% ACTION: (GBP/USD)                                        BUY 1.0%                SELL -0.2% Our focus will be on Retail Sales, which is a measurement of the activities at the retail level of the nation; a higher Retail sales number means better economy, thus better for its currency. Our surprise factor will be 0.6% on the […]

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