Fx News

UK: Mortgage Approvals increase more than expected in April
Published: 2012-05-30 08:43:00
United Kingdom Mortgage Approvals increase to 51.823K in Apr from 51.067K in Mar
Published: 2012-05-30 08:35:00
United Kingdom Consumer Credit down to £0.3B in Apr from £0.7B in Mar
Published: 2012-05-30 08:33:00
UK: Net Lending to Individuals (MoM) at £1.4B in May
Published: 2012-05-30 08:32:00
UK M4 Money Supply (MoM) improves to 1.1% in Apr; -3.8% (YoY)
Published: 2012-05-30 08:32:00
EMU: M3 Money Supply grows 2.7% in April
Published: 2012-05-30 08:08:00
EMU: Apr M3 Money Supply (3m) grows 2.7%
Published: 2012-05-30 08:01:00
Italy: Producer Price Index (YoY) (Apr): 2.5%; 0.3% (MoM)
Published: 2012-05-30 08:00:00
Switzerland: KOF Leading Indicator grows more than expected in May
Published: 2012-05-30 07:11:00
S&P 500 with resistance at 1335 – Charmer Charts
Published: 2012-05-30 07:08:00
Profit taking after reaching 1334 has subdued the S&P 500 back to 1325. “Now today we do look like we are base building, but the market has 1335 38.2% Fib on the 4hrly charts and these are looking to turn negative”, wrote analyst Carol Harmer, pointing to resistance at 1334/35 while the market targets 1319/18.

Only breaching above 1335, the index would rise to 1339/40 but profit taking would toughen the way up. On the downside and below 1319/18: “Only if we break below 1317 will we see sellers back in the market and they will be looking for 1312 then 1307”, Harmer added.
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S&P 500 with resistance at 1335 – Charmer Charts
Published: 2012-05-30 07:08:00
Profit taking after reaching 1334 has subdued the S&P 500 back to 1325. “Now today we do look like we are base building, but the market has 1335 38.2% Fib on the 4hrly charts and these are looking to turn negative”, wrote analyst Carol Harmer, pointing to resistance at 1334/35 while the market targets 1319/18.

Only breaching above 1335, the index would rise to 1339/40 but profit taking would toughen the way up. On the downside and below 1319/18: “Only if we break below 1317 will we see sellers back in the market and they will be looking for 1312 then 1307”, Harmer added.
...
Spain: May HICP (YoY) up 1.9% vs 2% in Apr
Published: 2012-05-30 07:03:00
Switzerland KOF Leading Indicator up 0.81 in May
Published: 2012-05-30 07:00:00
Asian markets fall disappointed with China’s policy, Spain
Published: 2012-05-30 06:32:00
Expectations of strong monetary easing from part of the Chinese authorities were improving sentiment in the Asian equities, but government officials rejected that notion in yesterday’s European morning causing a fall in the commodity currencies.

Today, Japan’s Nikkei Stock Average and South Korea’s Kospi dropped by -0.44% and -0.25%, while Australia’s S&P/ASX 200 lost -0.55%. The Chinese Hong Kong’s Hang Seng and Shanghai Composite shed -1.80% and -0.17%.

Spain is increasingly under pressure. The government’s plan of recapitalize Bankia through sovereign debt that later would be used as collateral in a refinancing operation with the ECB seems to have been rejected by the central bank.

Futures for the German DAX 30 and French CAC 40 are signaling a lower open by -0.50% and -0.80%.

WTI Crude Oil didn’t hold the 92.00 ground yesterday and plunged back to 90.00 area. As of writing, the commodity trades at 98.30, down by -0.50% on the day.

Gold trades at 1550, down by -0.21% on the day.
Australia: s.a. Retail Sales fall 0.2% in April
Published: 2012-05-30 01:39:00
Australia Retail Sales s.a. (MoM) -0.2% in Apr
Published: 2012-05-30 01:33:00
Australia 1Q Construction Work Done 5.5%
Published: 2012-05-30 01:31:00
Japan Nomura/ JMMA Manufacturing Purchasing Manager Index steadies at 50.7 in May
Published: 2012-05-29 23:15:00
New Zealand Building Permits s.a. (MoM) -7.2% in Apr
Published: 2012-05-29 22:45:00
U.S. stocks advance; focus on Europe, China
Published: 2012-05-29 20:29:00
o) - U.S. stocks rose around 1% on Tuesday as investors cheered a lack of negative headlines out of Europe and, as polls showed more Greeks wanted to remain in the euro zone, and on rumors that China will move to support its economy with a stimulus package. The Dow Jones Industrial Average added 125.86 points, or 1%, to 12,580.69. The S&P 500 gained 14.60 points, or 1.1%, to 1,332.42. The Nasdaq Composite rose 33.46 points, or 1.2%, to 2,870.99.