August 2009 Monthly Archive

Daily Economic Roundup - September 1, 2009

Wow, today's economic calendar looks heavy. Make sure you don't get caught with your pants down by reading today's economic roundup! … More…

Daily Economic Roundup - August 31, 2009

Several high profile economic events are due this week in the major nations. Prepare for increased volatility. Buckle up! … More…

Daily Economic Roundup - August 28, 2009

TGIF! Would we see another day of wild price movements based on today's schedule of economic events? Check out our daily economic roundup! … More…

A Tight Crawl to Recovery

"We saved the world from disaster," Ben Bernanke said. Pretty strong words and from the looks of it, it seems that the Fed's stimulus packages indeed worked now that the economy is on its way to recovery... … More…

Daily Economic Roundup - August 27, 2009

With concerns over whether Chinese growth is sustainable, we saw the USD rally during the US session yesterday. We've got some high impact reports on deck today - what is in store for us today? … More…

Daily Economic Roundup - August 26, 2009

It looks like things are starting to heat up as major currency pairs are trying to determine their respective directions. The high-yielders attempted to rally early in Europe but were completely stopped out by the USD during the overnight session. … More…

US GDP - Round 2

Last week, I wrote about how Uncle Sam's economic stimulus seems to be working as the US advanced GDP came out better than expected. Could this Thursday's release of the revised GDP be in line with the recent good data?… More…

Daily Economic Roundup - August 25, 2009

Everything was pretty much range bound yesterday because of a relatively light economic calendar. Today will be different, though, with a bunch of reports due all over. Find out what's up!… More…

Daily Economic Roundup - August 24, 2009

Higher-yielding currencies made a beeline for the finish last week. Do they still have enough energy to continue their rallies for another week? Find out on today's economic roundup! … More…

US : Housing Bubble - Then and Now

Am I seeing things...? Are things actually... improving? Could it be that Uncle Sam's (in)famous economic stimulus package is... working? Are the government's hefty tax cuts and massive house price markdowns finally starting to work their magic? … More…

Daily Economic Roundup - August 21, 2009

We saw some ranging yesterday, as the USD gains and losses were mixed across the board. Where will traders turn to as we end the week?… More…

Daily Economic Roundup - August 20, 2009

Get this: The IMF officially declared that the Recession is O-V-E-R. We all know what this means... Poor USD and JPY, sold off against the other majors yesterday. Rally sustainable? Let's see!… More…

Daily Economic Roundup - August 19, 2009

After a very slow start, the 'high yielders' made a last push to close yesterday in the positive territory. Will they be able to keep this momentum going? Or will they falter?… More…

Demystifying UK's Economy

Remember the latest BOE statement when the pound took a great fall like Humpty Dumpty did when he sat on that wretched wall? That was when BOE Governor Mervyn King decided to… More…

Daily Economic Roundup - August 18, 2009

Risk aversion seems to be enjoying its stay in the currency market. Would the economic reports due today drive risk aversion away or convince it to extend its stay? … More…

Daily Economic Roundup - August 17, 2009

Looks like US consumers aren't as confident as some thought they would be! Check out what else happened last Friday and what's coming up this week in today's economic roundup! … More…

Daily Economic Roundup - August 14, 2009

Looks like the upbeat tone from the FOMC statement really spurred risk taking yesterday. If this kind of optimism persists, we might see another set of yearly highs soon... In any case, let's take a look on what's in today's economic cupboard!… More…

Post-FOMC: Market Correlations Unsettled?

A couple of days back, I wrote about the aftermath of the NFP report from last Friday. I mentioned that the way currency markets reacted to the event hinted that the inverse correlation between equity markets and the … More…

Daily Economic Roundup - August 13, 2009

Yesterday was like a New Year in August due to the fireworks that were lit upon the release of the FOMC rate decision. Today, another set of high impact reports is due in the US. Keep you guards up! Another round of volatility might be coming our way again. … More…

Daily Economic Roundup - August 12, 2009

Traders are sitting on the edge of their seats awaiting today's set of market-moving events. Get the latest scoop on today's economic roundup! … More…

Market Correlations Out of Sync Ahead of FOMC

By now, I'm sure you have all heard that the NFP report came out better than expected, printing job losses of 247,000, bringing the unemployment rate to down to 9.4% from 9.5%. Actually, it seems fishy - a quarter million jobs were lost and yet the unemployment rate went down?… More…

Daily Economic Roundup - August 11, 2009

And the dollar continues to gain although higher yielding currencies like the AUD and NZD remain resilient! Is this a signal of a new trend in the making? … More…

Daily Economic Roundup - August 10, 2009

What a riot Friday was! It seems traders are growing weary of this risk appetite market theme as they took the USD higher across the boards despite better than expected results on the non-farm employment payroll report. … More…

Daily Economic Roundup - August 7, 2009

Most of the currency pairs are back in consolidation mode for the most part of this week. This trend or non-trend can end today with the release of the most awaited NFP report in the US today.… More…

A Storm is Coming: The Non-Farm Payrolls Report

You know that feeling when the weather is nice and you just want to go out and enjoy it... only to hear news of a potential storm brewing? That's how it's like in the currency market when the Non-Farm Payrolls report comes along every month...… More…

Daily Economic Roundup - August 6, 2009

Ooh, the tension! The score is tied in the buyers vs. sellers game yesterday. Any economic reports that could bring an upside advantage? Find out on today's economic roundup! … More…

Rate Cuts are Old School, RBA Hints

Ladies and gentlemen, let me welcome you to the event you've been waiting for your whole life (or at the very least, 9 months) - the prospect of economic recovery! In pole position, the Reserve Bank of Australia...… More…

Daily Economic Roundup - August 5, 2009

With not much high impact news released yesterday, we saw a lot of ranging from currency pairs. Will good releases from the heavy load of economic reports coming out today help spur the recent run of risk tolerance?… More…

Daily Economic Roundup - August 4, 2009

Risk appetite was in full bloom yesterday, pushing the high-yielders to new yearly highs! With economic data supporting the notion of "economic recovery," the rally seems unstoppable. Still,this is the FX market and no one knows for certain what will happen next! … More…

Daily Economic Round Up - August 3, 2009

Higher yielding currencies like the EUR, GBP, and AUD ended last week with a bash. Will risk appetite continue to push them higher?… More…

"Our greatest joy is not in ever falling, but in rising every time we fall."
Confucius
Clicky Web Analytics
Feedback Form