Friday August 31, 2007
ECONOMIC DATA FOR TODAY:
12:30am JPY Core CPI y/y -0.1% -0.1%
12:30am JPY Tokyo CPI y/y -0.2% -0.1%
12:30am JPY Core Tokyo CPI y/y -0.1% -0.1%
12:30am JPY Manufacturing PMI 50.0 49.0
12:30am JPY Overall Household Spending y/y 0.2% 0.1%
12:30am JPY Unemployment Rate 3.7% 3.7%
12:50am JPY Industrial Production m/m (p) -0.4% 1.3%
2:30am AUD Retail Sales m/m 0.6% 1.4%
2:30am AUD Trade Balance -1.00B -1.75B
6:00am JPY Housing Starts y/y 0.0% 6.0%
6:45am CHF CPI m/m 0.2% -0.6%
7:00am EUR German Retail Sales m/m 0.5% 0.7%
10:00am EUR CPI y/y (p) 1.8% 1.8%
10:00am EUR Unemployment Rate 6.9% 6.9%
10:00am EUR Italian CPI m/m 0.2% 0.2%
10:00am EUR Consumer Confidence -2 -2
10:30am GBP Consumer Confidence -6 -6
1:30pm USD Core PCE Price Index m/m 0.2% 0.1%
1:30pm USD Personal Spending m/m 0.4% 0.1%
1:30pm USD Personal Income m/m 0.4% 0.4%
1:30pm CAD GDP m/m 0.1% 0.3%
2:45pm USD Chicago PMI 53.0 53.4
3:00pm USD Factory Orders m/m 1.0% 0.6%
3:00pm USD Consumer Sentiment (r) 83.0 83.3
3:00pm USD Fed Chairman Bernanke Speaks
EUR-USD
This pair is in a triangle configuration. It continue its raise towards 1.3696 or 1.372. After of which is possible a fall towards 1.3673 or 1.3632.
USD-CHF
In this pair the raise should end around 1.2056 or 1.2079 and later to take place a fall towards 1.2033- 1.2016.
USD-JPY
It is possible that this pair raises to 116.04 or over 116,31 whereas any fall should find the supports located in 115.53. or 115.29. If this pair fell below 114.74 it will indicate us that the bearish tendency will continue.
GBP-USD
It should continue raising to 2.0187 or 2.0256. If it took place a correction this should find support in 2.0115 - 2.0080.
Yours
Da-Pay.Com
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