Japan approves 880 Bln yen stimulus (US$10.7 Bln) – US QE: 40B MBS + approximately 35B in “Twist”
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USD/JPY previous bearish reversal candlestick pattern around 82.56 – Chart: bit.ly/Tx2Uta
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Japan Fin Min Jojima: Cabinet agreed to use reserve funds for stimulus. USD/JPY hit 82.50 on news
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EUR/USD trading above 1.30. AUD/USD trading back above 1.042.
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No Deal for Cliff on Obama’s first try
The Obama administration and House Republicans were at loggerheads Thursday in fiscal cliff talks, a...
AUD/USD broke 1.0420, fresh new low for the week. Could still see retest of 1.042 level if “Risk On” mood persist.
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HSI push above 22,000, with H4 providing interim resistance – Chart: bit.ly/Uve2r8
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HSI forming Inverse Hammer/Shooting Star around 22,000 level, risk off during Asian Trade? Chart – bit.ly/QtKYQw
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GOLD broke rising wedge, re-testing Fib retracement 23.6%. Rising Trendline provides support – Chart: bit.ly/UeD9fz
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AUD/USD Yesterday’s Low in sight – Chart: bit.ly/TueKRZ
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EUR/GBP kept below rising trendline, 0.808 potential interim support – Chart: bit.ly/11mg4Mi
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EUR/USD failed to overtake 1.30 again, threatening to break 61.8% Fib – Chart: bit.ly/V9gf8i
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A Rise in Sales of Existing U.S. Homes in October
Americans signed more contracts in October to purchase previously owned homes, another sign the reco...
Applications for US Jobless Benefits Decrease
Fewer Americans filed first-time claims for unemployment insurance payments last week as the labor m...
US Retailers report weak sales gains for November, hurt by Superstorm Sandy
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US Economy and Claims Beat Expectations
The economy in the U.S. expanded more than previously estimated in the third quarter as a narrower t...
Poll Shows Global Economy in Better Shape
The world economy is in its best shape in 18 months as China’s prospects improve and the U.S. look...
Poll Sees Fical Cliff to be Avoided
Three out of four global investors expect President Barack Obama and congressional leaders to reach ...
Japan Oct retail sales +0.7% m/m but -1.2% y/y, -0.7% eyed
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Japan support for opposition LDP 23%, Restoration Party 15%
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