ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
|
GapTitle:
Asian stocks drop ahead of US jobs data, no deal from Greece, downbeat earnings
Asian stocks dropped today as markets anxiously await the release of the US employment numbers to take the economic pulse of the country. Greece’s failure to reach a deal with private bondholders, China’s poor performance of services and Japan’s downbeat earnings added to pessimism.
For another week Greece and the private bondholders fail to reach an agreement over the size of the losses they are willing to accept on Greek bondholding. A deal will ensure a second bailout for the indebted nation ...
Title:
Oil edges up but U.S. stockpiles weigh
(Reuters) - Brent crude oil inched higher on Thursday, but retreated from early gains, as a large build-up of oil stocks in top consumer the United States countered upbeat economic data globally.
But U.S. crude, also known as WTI, fell to its lowest in six weeks as inventory data and expectations of plentiful flows into a key U.S. refining hub.
ICE Brent crude for March was up 14 cents to $111.71 a barrel by 1310 GMT after earlier rising as high as $112.50. U.S. crude was at $96.92, down 69 ...
Title:
Brent struggles to hold gains, U.S. stockpiles weigh
(Reuters) - Brent crude oil struggled to sustain gains made earlier on Thursday as a large build-up of oil stocks in top consumer the United States countered upbeat economic data globally.
ICE Brent crude for March was up 9 cents to $111.65 a barrel by 5:16 a.m. ET after earlier rising as high as $112.50. U.S. crude was at $96.92, down 69 cents.
U.S. crude inventories jumped more than 4 million barrels last week, exceeding an expected build of 2.4 million barrels. Gasoline demand fell to an 11- ...
Title:
Dollar slips as global growth worries ease
(Reuters) - The euro inched higher versus the dollar and the Australian dollar hit a five-month high on Thursday as risk sentiment improved after global manufacturing data allayed the market's worst fears about global growth.
Underscoring its broad retreat, the dollar hovered near a three-month low hit against the yen touched the previous day, and the U.S. currency also fell against emerging Asian currencies such as the Singapore dollar.
The euro rose 0.1 percent to $1.3176, pulling away from ...
Title:
Top Japan bank plans for JGB sell-off, no near-term shift seen
(Reuters) - Japan's top banking group, Mitsubishi UFJ Financial (8306.T), has drawn up a contingency plan that flags 2016 as the time when the nation's current account may slide into deficit and trigger a government bond sell-off, a newspaper reported on Thursday.
Asahi newspaper said a plan prepared by a unit of the group -- Bank of Tokyo-Mitsubishi UFJ -- late last year estimated that 10-year bond yields could rise to around 3.5 percent in about four years' time from about 1 percent today.
...
Title:
Dukascopy Afternoon Forex Overview : 01/02/2012
Dukascopy Fundamental Analysis
EUR
European Flash CPI y/y for January was in line with expectations at 2.7%; the reading remained unchanged since December. Final manufacturing PMI slightly outperformed the 48.7 forecast and stood at 48.8 in January; the PMI reading still points out a demand contraction among European businesses.
USD
Amazon announced an essential decline in net income and warned of probable loss this year. Net income for Q4 of 2011 achieved USD 177 million as compared to USD ...
Title:
Brent gains on China data, Iran tension
(Reuters) - Firm Chinese economic data and brewing tension between Iran and the West pushed Brent crude higher on Wednesday.
Brent crude rose 70 cents to $111.68 a barrel by 4:15 a.m. ET. It was just below its 200-day moving average of $111.77, a source of technical resistance.
U.S. crude gained 51 cents to $98.99 a barrel.
China's official Purchasing Managers' Index showed the manufacturing sector expanded modestly in January, with the index reading inching up to 50.5 from 50.3 in December, ...
Title:
Gold steady; U.S., Europe data eyed
(Reuters) - Gold was steady on Wednesday after ending January with its biggest monthly rise since August, while investors cautiously awaited more data from the world's key economies for trading cues.
China's official Purchasing Managers' Index topped expectations and showed a modest expansion in January, but market sentiment remained fragile on concerns about global growth after surprisingly weak U.S. housing and consumer data on Tuesday.
Before the disappointing U.S. data, a string of upbeat ...
Title:
Dollar at 3-month lows on yen, euro under pressure
(Reuters) - The dollar hovered at three-month lows against the yen on Wednesday and looked poised to lose ground for a fifth straight day, pressured by the Federal Reserve's pledge last week that it would keep interest rates near zero at least until late 2014.
The U.S. Federal Reserve's decision has triggered broad selling in the greenback and battered yields on U.S. Treasury notes, with the yield on the five-year note barely above levels not seen since at least the 1960s.
The dollar revisited ...
|
||||||
