[ForexChaser.com] The European GDP numbers – released during the prior week – were a strong shock to the market, mainly because it changed the way the European economy was seen. Until recently, most market participants were buying the fact that the Euro-area is preparing for a break-up. The consequences were almost immediately in the currency [...]... (Continue reading)
[DayOnBay] Home of sumos, samurais and sushi, Japan occupies a unique place within world history. Part of this history involves Japan’s ascendency as a centre for international trade and commerce: salarymen, massive conglomerates and innovation serve as some of the defining features of the Japanese economy. In the world of finance, Japan has also played [...]... (Continue reading)
Mar.10.2010 Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs would seem an easy [...]... (Continue reading)
Mar.02.2010 Aggressive buyers stepped in and shorts covered some of their positions to stop a potential acceleration to the downside after the Euro briefly pierced its recent main bottom at 1.3443, says Brewer Futures Group. Catch Brewer Futures, and TheLFB trade team on ForexTV Live. The strong recovery took the EUR USD higher, putting it in [...]... (Continue reading)
Feb.15.2010 On August 22, I wrote the following: Now — that leads to the final question: when will the jobs come back? In order for that to happen we need to see at least one quarter of a positive GDP and probably two. That means the soonest we can expect a drop in the unemployment [...]... (Continue reading)
Feb.15.2010 Holidays in North America, Asia, and South America to dampen activity today: U.S. Presidents Day, Canadian Family Day, Chinese Lunar New Year and Mardi Gras in Brazil, says Larry Greenberg of CurrencyThoughts.com. Catch Larry, and TheLFB trade team on ForexTV Live. The dollar is narrowly mixed, showing upticks of 0.2% against the euro and 0.1% against [...]... (Continue reading)
Jan.29.2010 From the BEA: Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 5.7 percent in the fourth quarter of 2009, (that is, from the third quarter to the fourth quarter), according to the “advance” estimate [...]... (Continue reading)
Jan.29.2010 Yesterday I wrote about the extremely close fit between % changes in GDP and % changes in jobs on a year-over-year basis. Generally speaking, take the YoY %age change in GDP, subtract 2, and you are probably within a percent or two of the YoY % change in jobs, with a lag of [...]... (Continue reading)
Jan.29.2010 Personal consumption expenditures — PCEs — account for about 70% of GDP growth. In addition, PCEs have three sub-parts — service expenditures (about 66% of PCEs), non-durables (about 22% of PCEs) and durable expenditures (about 12% of expenditures). Here are the charts that show the percentage increase from the preceding quarter in real PCEs [...]... (Continue reading)
Jan.29.2010 Let’s continue out look at the GDP report by looking at the percentage change from the preceding quarter in real (inflation-adjusted) investment. Click on all images for a larger image Total private investment increased smartly in the fourth quarter, although some of that increase is the result of a bungee like snapping back from [...]... (Continue reading)