Zew Disappoints, but Market Remains Robust
There is a change that the strong second quarter growth and export numbers from Germany (and the EMU) are just reflecting the peak in activity with regard to economic data. This was reinforced by today’s ZEW survey in Germany, which showed confidence among investors about Germany’s economic prospects falling to a lower than expected 16-month [...]
MOF Purchases Increases In July
Weekly MOF (Ministry of Finance) flows show Japanese accounts significantly stepped up their foreign asset (mostly bonds) purchases. The data out today covered the last week in July. Japanese investors bought JPY1.25 trillion (~$14.5 bln) of foreign assets. This brings the total for the month to an impressive JPY5.7 trillion (~$66 bln). This follows June [...]
Back to Basics: Fundamental vs Technical Analysis
Fundamental vs Technical Analysis What you are about to read applies not only to forex trading where currencies are bought and sold but also to many other financial markets such as stocks, commodities and derivatives. Price movements create the conditions and the opportunities for profits (and losses!) and an astute trader will try and stay [...]
Weekly Economic Indicators
Select Economic Indicators for the Week Ending 11th September 2009 Unemployment Rate Date: 4th Sep 2009 Previous: 9.4% 2 Forecasted: 9.5 %2 Impact: High The unemployment rate is a leading indicator of economic health and well being in the country and tends to affect USD values strongly. The forecasted consensus suggests a marginal increase which [...]
