Daily Forex analytics – Grand Capital

20 November

European premarket 20.11.2012

Markets have grown, but what next? ..

European stock markets closed on Monday of this rally inspired with the prospects of a positive resolution of the U.S. budget crisis. And even Greek real problems could not overshadow the optimism of these prospects.

Growth leaders were paper companies in ...

Markets have grown, but what next? ..

European stock markets closed on Monday of this rally inspired with the prospects of a positive resolution of the U.S. budget crisis. And even Greek real problems could not overshadow the optimism of these prospects.

Growth leaders were paper companies in the financial sector.

Index DJ EURO STOXX BANK up to previous trading closed at 105.56 (+3.90%). Shares of Deutsche Bank, Societe Generale and Barclays jumped from 4.68% to 6.64%.

Major European indexes at the close of the previous trading session: FTSE 100 - 5,737.66 (+2.36%); DAX 30 - 7,123.84 (+2.49%); CAC 40 - 3,439.58 (+2.93%). Futures on the DJ STOXX 50 in the morning prior to the opening of trading in Europe is 2486.50 (-0.30%). Trading in Europe opened in the red.

European index of "blue chips" FTSEurofirst 300, closed on Monday at 1,091.50 (+2.25%).

Before the opening of the European session US yield on 10-year T-Note is 1.61% (+0.000 NCP), the 10-year German Government Bonds is 1.35% (+0.024 NCP), and the 10-year UK Government Bonds is 1.77% (+0.041 NCP).

Oil futures morning before the opening of the European trading session adjusted down amid expectations the armistice between Israel and Hamas, the conflict between which caused quite a rally in commodity and commodity markets.

Brent Oil (ICE) in morning electronic trading before the opening of Europe at 111.63 (-0.06%), and U.S. crude oil WTI (ICE) 89.09 (-0.21%).

Gold futures morning at 1,733.85 (+0.12%), quotes of copper at

352.65 (-0.28%).

Commodity Index CRB Index for the previous trading day was 292.84 (+1.63%).

In the foreign exchange market is a small correction to the strengthening of the U.S. dollar yesterday after a strong weakening of the dollar in the first place against the commodity currencies against the rally in commodity markets. Today, market participants expect the news of the Eurogroup on the allocation of financial aid to Greece next.

Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 80.98 (-0.41%).

Prediction of the day:

Positive news from the Eurogroup can push up to the level of a pair EURUSD 1.2840-50.

Events today:

Moscow time

During the day, the Eurogroup meeting of euro zone

17:30 Canada Wholesale September n / a; 0,3% m / m and 0.5% m / m

17:30 U.S. Building Permits October n / a; 0,87 million, 0.87 million

17:30 U.S. October Construction n / a; 0,85 million, 0.87 million

18:00 U.S. FOMC Statement member Lacker

21:15 Speech by U.S. Fed chairman Bernanke U.S.

Sergei Kostenko

*Recommendations listed in this article, can not be used as a base for the direct actions.

20 November

FUNDAMENTAL REVIEW 20.11.12

We talk about the budget crisis in the U.S., but we can't forget about Greece

While investors continue to expect decoupling in talks Obama and the Republican Congress on the issue of the budget crisis, the situation around giving Greece the next tranche of financial assistance is characterized ...

We talk about the budget crisis in the U.S., but we can't forget about Greece

While investors continue to expect decoupling in talks Obama and the Republican Congress on the issue of the budget crisis, the situation around giving Greece the next tranche of financial assistance is characterized by high activity of Athens.

The Greek government has taken the decision to ensure budgetary targets and ensuring that the proceeds from the privatization of state property will be used to repay debt. These actions are intended to gain the approval of foreign creditors before an important meeting the eurozone finance ministers, to be held today.

It is assumed that at a meeting of the Eurogroup will discuss the debt crisis in Greece, and if approved, then it will be provided with financial assistance in the amount of 30 billion euros ($ 38 billion) to prevent the bankruptcy of the country.

As we see it, this is a significant decision will be made as part of Athens in the area of the single currency is not so much an economic necessity as a political act to contain the collapse of the eurozone.

Yesterday's good data from the real estate market amid optimism associated with the resolution of the budgetary problems in the U.S., have supported the risk appetite of investors and contributed to a significant weakening of the U.S. dollar. Sales of existing homes came at 4.79M vs. 4.75M forecast value.

In our view, if the situation around budget problems in the U.S. will have a positive momentum for the resolution, it is against this background the U.S. dollar will remain under pressure locally.

Today we should pay attention to the results of the meeting of Eurogroup on Greece and the speech of the Fed Ben Bernanke.

Events today:

Moscow time

During the day, the Eurogroup meeting of euro zone

17:30 Canada Wholesale September n / a; 0,3% m / m and 0.5% m / m

17:30 U.S. Building Permits October n / a; 0,87 million, 0.87 million

17:30 U.S. October Construction n / a; 0,85 million, 0.87 million

18:00 U.S. FOMC Statement member Lacker

21:15 Speech by U.S. Fed chairman Bernanke U.S.

19 November

AMERICAN premarket 19.11.2012

Obama reassured investors ...

The U.S. stock market ended trading on Friday steady growth inspired by rumors about the positive notes of the talks Obama and Congress on how to overcome the budget crisis. Optimism President conveyed to market participants who are hoping for a positive outcome in ...

Obama reassured investors ...

The U.S. stock market ended trading on Friday steady growth inspired by rumors about the positive notes of the talks Obama and Congress on how to overcome the budget crisis. Optimism President conveyed to market participants who are hoping for a positive outcome in the negotiations. The leaders of growth stocks were the technology sector. Paper Research in Motion Ltd and Facebook jumped by 3.13% and 5.41% respectively.

American BKX bank index closed yesterday at 47.15 (+0.64%).

U.S. stock indexes for the previous trading day to close at: DJI-12,588.31 (+0.37%); S & P 500 - 1,359.88 (+0.48%); NASDAQ Comp. - 2,853.13 (+0.57%)

On the eve of the U.S. trading session, futures on the broad market index S & P 500 is 1,369.30 (+0.70%). U.S. markets open growth.

Oil futures before opening in New York are growing because of ongoing tension in the Middle East. The conflict between Israelis and Palestinians support a risk premium, contributing to higher prices for crude oil.

Crude futures mark Brent Oil (ICE) day at 110.45 (+1.36%), U.S. crude oil WTI (ICE) 88.21 (+1.46%). Gold futures stood at 1,725.00 (+0.60%), quotes copper at 351.85 (+1.65%).

Goldmann Sachs Commodity Index XOI last session stood at 1172.19 (+0.07%).

In the currency market, the continued weakening of the dollar amid expectations of a positive resolution of the situation around the budget crisis. Reduction of tension around the probability of this event promotes buying risk investors.

Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 81.09 (-0.27%).

Prediction of the day:

Against the background of optimistic news about the prospects of negotiations to overcome the fiscal crisis in the U.S., as well as rising oil prices AUDUSD pair has the potential to grow to a level of 1.0435-45 in the short term.

Events today:

Moscow time

19.00 U.S. sales of existing homes in October n / a; 4,76 million, 4.75 million

19.00 U.S. Housing Market Index from November NAHB n / a; 41, 41

Sergei Kostenko

*Recommendations listed in this article, can not be used as a base for the direct actions.

19 November

FOREX: Technical analysis 11/19/12

AUD / USD

News background:

Negative news about the escalating of the conflict in the Middle East continue to support commodity prices and commodity assets, which in turn positively affects the Australian currency. Due to these events, the couple has a chance to continue its local growth.

...

AUD / USD

News background:

Negative news about the escalating of the conflict in the Middle East continue to support commodity prices and commodity assets, which in turn positively affects the Australian currency. Due to these events, the couple has a chance to continue its local growth.

Technical picture:

The pair continues to move in the price range of 1.0300-1.0455. Price is above the center line of the Bollinger and EMA 5 and 21.

LED Stoch. points to the possibility of suspension of local growth due to overbought. RSI provides a buy signal, crossing the line at 50%.

Trading recommendations. Buy a pair, if it consolidates above 1.0375 with a likely target 1.0450.

Technical analyst at Forex Bulygina Marina.

Analytical department of Grand Capital

19 November

European premarket 19.11.2012

Obama described the negotiations with the Republicans as optimistic

European stock markets closed lower on Friday with pending the outcome of negotiations between President Obama and Republican part of the Congress on the issue of overcoming the fiscal crisis that threatens to plunge the U.S. economy into a ...

Obama described the negotiations with the Republicans as optimistic

European stock markets closed lower on Friday with pending the outcome of negotiations between President Obama and Republican part of the Congress on the issue of overcoming the fiscal crisis that threatens to plunge the U.S. economy into a second wave of recession. European markets closed on Friday, even before it became known to the finance minister optimistic T. Geithner and Obama, after talks in Congress, in anticipation of solving the budget crisis.

Shares Wednesday fell on Friday were paper companies in the financial sector.

Index DJ EURO STOXX BANK up to previous trading closed at 101.60 (-2.72%). Shares of ING Group NV, UniCredit and Deutsche Bank lost between 3.15% to 3.76%.

Major European indexes at the close of the previous trading session: FTSE 100 - 5,605.59 (-1.27%); DAX 30 - 6,950.53 (-1.32%); CAC 40 - 3,341.52 (-1.21%). Futures on the DJ STOXX 50 in the morning prior to the opening of trading in Europe is 2450.50 (+0.49%). Trading in Europe will open growth.

European index of "blue chips" FTSEurofirst 300, closed on Friday at 1,067.45 (-1.04%).

Before the opening of the European session US yield on 10-year T-Note is 1.60% (+0.002 NCP), the 10-year German Government Bonds is 1.33% (-0.001 NCP), and the 10-year UK Government Bonds is 1.73% (+0.000 NCP).

Oil futures morning before the opening of the European trading session amid growing Middle East conflict between Israel and Palestine. Waiting for further deterioration in the situation is pushing up oil quotes.

Brent Oil (ICE) in morning electronic trading before the opening of Europe at 109.80 (+0.77%), and U.S. crude oil WTI (ICE) 87.93 (+1.15%).

Gold futures morning at 1,712.30 (-0.09%), quotes of copper at

347.00 (-0.10%).

Commodity Index CRB Index for the previous trading day was 292.84 (-0.37%).

In the currency market, the U.S. dollar down against major currencies. The strong decline in the dollar against the commodity currencies is celebrated amid rising energy prices. The single currency is also growing, but so far as a whole continues to consolidate.

Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 81.15 (-0.20%).

Prediction of the day:

Against the background of optimistic news about the prospects of negotiations to overcome the fiscal crisis in the U.S., as well as rising of oil prices the AUD/USD pair has the potential to grow to a level of 1.0435-45 in the short term.

Events today:

Moscow time

12.30 Germany Speech by Bundesbank Weidman

19.00 U.S. sales of existing homes in October n / a; 4,76 million, 4.75 million

19.00 U.S. Housing Market Index from November NAHB n / a; 41, 41

Sergei Kostenko

*Recommendations listed in this article, can not be used as a base for the direct actions.

15 November

FUNDAMENTAL REVIEW 15.11.12

The FOMC has disappointed investors...

Yesterday's publication of the minutes of the last meeting of the Federal Open Market Committee Federal Reserve FOMC disappointed investors. Uncertainty of whether the Fed will buy more government bonds under the "twist-2" or not. The fact that the program will end in ...

The FOMC has disappointed investors...

Yesterday's publication of the minutes of the last meeting of the Federal Open Market Committee Federal Reserve FOMC disappointed investors. Uncertainty of whether the Fed will buy more government bonds under the "twist-2" or not. The fact that the program will end in December, and further prospects dim.

The ambiguous position of the canoes Committee suggests that the change in Fed policy can linger, so this leaves the situation with the prospects of QE 3 in limbo and this is despite the fact that most members of the Federal Reserve expected to increase purchases of government bonds in 2013.

Recent statistics from the euro zone continues to disappoint investors. German economic slowdown raises serious concerns among market participants. The latest data of the index of economic sentiment in the Fed has been so bad that it starts to scare investors who had hoped that Germany will be able to resist the great challenges of the European debt crisis.

In this regard, today will be important German GDP forecast data for the third quarter. Forecast indicates that analysts expect a slowdown in this indicator, which, of course, definitely will put pressure on the single currency. In addition to these data, today released a block of statistics from the euro zone and the U.S., which will undoubtedly have an impact on the markets.

By now the market says continued consolidation of European currencies in expectation of important statistics. The yen continues to weaken sharply against the continuation of the aggressive loose monetary policy of the Bank of Japan. Commodity currencies traded in different directions, the Australian dollar falls against the dollar, but the Canadian dollar is growing up a little supported by high oil prices due to higher escalation in the Middle East.

In general we can say that the picture in the markets remains uncertain and is characterized by a high degree of volatility.

Events today:

Moscow time

11.00 Germany Preliminary data on changes in GDP 3 kv.2012 n / a; 0,1% q / q, 0.3% q / q

13.00 Eurozone ECB Monthly Bulletin

13.30 UK retail sales in October n / a; -0,1% m / m and 0.6% m / m

14.00 Eurozone consumer price index in October n / a; 2,5% y / y, 2.5% y / y

14.00 Eurozone core consumer price index in October n / a; 1,5% y / y and 1.5% y / y

14.00 Eurozone Preliminary assessment of change in GDP Q3. 2012 n / a; -0,2% q / q, 0.2% q / q

17.30 Canada Consumer Price Index in September n / a; 0,3% m / m and 1.5% m / m

17.30 U.S. core consumer price index in October n / a; 0,1% m / m and 0.1% m / m

17.30 U.S. Consumer Price Index in October n / a; 0,1% m / m and 0.6% m / m

17.30 U.S. The number of initial claims for unemployment benefits 05.11-11.11 n / a; 362.000; 355.000

17.30 U.S. index of business activity in the industry the FBI in New York in November n / a; -7,0; -6,2

18.00 U.S. President's speech Richmond Fed Dzh.Lakera

19.00 U.S. manufacturing index according to the Philadelphia Fed n / a; n / a; 2,3 5,7

19.00 U.S. Mortgage loans past due 3 square. 2012 n / a; n / a; 7,58%

19.30 Canada Bulletin of the Bank of Canada

19.30 Change in U.S. natural gas reserves 05.11-11.11 n / a; n / a; 21 billion cubic meters. ft.

20:00 U.S. Change oil 05.11-11.11 n / a; n / a; 1,8 million barrels.

22.20 U.S. Federal Reserve Chairman Ben Bernanke Speech

Sergei Kostenko

15 November

European premarket 15.11.2012

Markets continue to fall ...

European stock markets continued to fall on Wednesday, following the collapse on the eve of the U.S. stock market on news of weak economies of Portugal and Germany. General negative sentiment continues to influence the gloomy market sentiment. Again, with the possibility of ...

Markets continue to fall ...

European stock markets continued to fall on Wednesday, following the collapse on the eve of the U.S. stock market on news of weak economies of Portugal and Germany. General negative sentiment continues to influence the gloomy market sentiment. Again, with the possibility of an epic budget crisis in the United States can not tune in to a positive. In the largest decline on this background were the shares of financial companies.

Index DJ EURO STOXX BANK up to previous trading closed at 104.13 (-1.09%). Paper Societe Generale, UniCredit and Deutsche Bank fell from 1.38% to 2.39%.

Major European indexes at the close of the previous trading session: FTSE 100 - 5,722.01 (-1.11%); DAX 30 - 7,101.92 (-0.94%); CAC 40 - 3,400.02 (-0.89%). Futures on the DJ STOXX 50 in the morning prior to the opening of trading in Europe is 346.25 (+0.20%). Trading in Europe will open a slight increase.

European index of "blue chips" FTSEurofirst 300 closed Wednesday at 1,088.43 (-0.98%).

Before the opening of the European session US yield on 10-year T-Note is 1.59% (-0.002 NCP), the 10-year German Government Bonds is 1.32% (-0.018 NCP), and the 10-year UK Government Bonds is 1.75% (+0.042 NCP).

Oil futures morning before the opening of the European trading session traded without much change after yesterday's growth amid rising military tensions escalate in the Middle East.

Brent Oil (ICE) in morning electronic trading before the opening of Europe at 109.77 (+0.15%), and U.S. crude oil WTI (ICE) 86.31 (-0.01%).

Gold futures morning at 1,724.20 (-0.34%), quotes of copper at

346.25 (+0.26%).

Commodity Index CRB Index for the previous trading day was 293.92 (+0.60%).

In the foreign exchange market witnessed volatile dynamics. Yen falls against the U.S. dollar amid expectations of continued loose monetary policy of the Bank of Japan, European currencies are consolidated before leaving the important statistics from Europe. GDP data for the third quarter in Germany were better than expected + 0.2% vs. 0.1%, but this did not have the support of the single currency, which continues to put pressure on European debt problems and the fiscal crisis in the U.S..

Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 81.21 (+0.14%).

Prediction of the day:

If the data from the eurozone and the U.S. will be weak, this should have a negative pressure on the single currency and to the attitude of investors to buy with risk.