1pm - 'Economic news' courtesy reminder time Traders!
'Market Focus' in the US this evening
"Developments in Europe and Korea will once again set the tone for U.S. markets." [Source: nasdaq.com., Mark Pender]
'Market Reflections' from the last trading session (26.11.2010)
"Uncertainty over an Irish bailout and increasing questions over a Portugal bailout are further eroding confidence in Europe. Tensions over North Korea are another negative, sending the Dow down nearly one percent to 11,092. The dollar index rose 3/4 of a percent to a two-month high at 80.35 while demand for the safety of Treasuries drove down the 2-year yield two basis points to 0.51 percent and the 30-year yield down seven basis points to 4.21 percent." [Source: nasdaq.com., Mark Pender] ______________________________________________________
Of note in the US this evening:-
James Bullard speaks [St. Louis Federal Reserve President - To deliver welcoming remarks at the Bank's Regulatory Reform discussion.]
4-Week Bill Announcement; 3-Month Bill Auction; and 6-Month Bill Auction [Treasury bills are sold at public auctions every week.]
... AND ... ______________________________________________________
Of note in Australia tomorrow:-
Current Account Balance [ Moderate volatility expected] [The Current Account Balance released by the Australian Bureau of Statistics is a net flow of current transactions, including goods, services, and interest payments into and out of Australia. A current account surplus indicates that the flow of capital into Australia exceeds the capital reduction. A high reading is seen as positive (or Bullish) for the AUD, whereas a low reading is seen as negative (or Bearish).]
Private Sector Credit (MoM) (YoY) [ Moderate volatility expected] [The Private Sector Credit released by the Reserve Bank of Australia is an amount of money that the Australian private sector borrows. It shows if the private sector can afford large expenses, which can fuel economic growth. It is considered as an indicator of business conditions and the overall economic condition in Australia. Generally, a high reading is seen as positive (or Bullish) for the AUD, whereas a low reading is seen as negative.]
AiG Performance of Mfg Index [ Moderate volatility expected] [AiG performance of the Mfg Index released by the Australian Industry Group presents business conditions in the Australian manifucturing sector. The group surveys 200 manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. A result above 50 is seen as positive (or bullish) for the AUD, whereas a result below 50 is seen as negative (or bearish).]
1pm - 'Economic news' courtesy reminder time Traders!
Moderate volatility expected]
