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Friday April 11, 2014 - 09:29:46 GMT
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The Preliminary April University of Michigan Sentiment Survey is Due. Equities will be the Focus
|The Preliminary April University of Michigan Sentiment Survey is Due. Equities will be the Focus|
April 11, 2014 09:30 gmt
CALENDAR: US- PPI, University of Michigan, COT Report
| EURUSD 1.3883
|| U.S. 2.65% +2bp
|| North America: Steady|
| EURJPY 141.12
|| Bund 1.54% +2bp
|| DAX: Lower|
| GBPUSD 1.6765
|| GILT 2.64% +2bp
| USDJPY 101.65
|| JGB 0.61% 0bp
|| Far East Close: Lower|
HIGH IMPACT NEWS ITEMS: US- PPI, University of Michigan
- The preliminary University of Michigan Survey is released today. Markets are unlikely to react strongly to U.S PPI data.
- A key focus to day will be how equity markets end the week. Bond markets are likely to trade inversely with the equity markets once again.
- Chinese February CPI data were in line with estimates earlier in today's session. .See the FOREX FORUM. for comments from experienced traders to events as they happen.
- Be sure to refer daily to the Global-View Economic Calendar For key items (actual data, selected charts, etc.) as they are released. See the FOREX FORUM. for comments from experienced traders to events as they happen.
FX Trade Talk: What's moving markets-- Expert Commentary, data. and data charts posted continuously on FOREX FORUM
John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
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John M. Bland, MBA
co-founding Partner, Global-View.com
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