Russian English German Italian Spanish Portuguese Chinese French Japanese Korean
NEWS DIRECTORY FORUM FINANCIAL FORECASTING FOREX GUIDE
Members access
Email:
Password:
home based business opportunity

Sign up now.
Forgot password?

Choose Category
 Forex Forecasts
 USMarket
   
   INFORMATION
 About
 Business support
 Feedback
 Forex informers
 Easy Forex
 Glossary
 Forex Market
 Forex Brokers
 Forex Trading

Customer quotes

I tried a lot of paid forecasts and signals but I didn`t meet such quality forecasts. I `ve been looking for 2 months and checking positions - the result is fabulous, it`s easy to follow predictions and the statistics is genuine true! Thanks for being OpenForex

Serg Berg

D

Contact

  Email: click here
  Tel: +1 312 2390929

Forex · News · Forex Forecasts

NEWS / Forex Forecasts

Market’s daily review

11:47 01/31/2006

The tenders of a new week session have begun with consolidation of basic currencies rates as investors expect FRS decision under the rate.

This week the attention of the market’s participants is focused on the publication of the US labor market review for January.

 

Personal incomes in the USA rose in December, but consumer expenses grew more quickly. Consumer expenses rise has been more significant than it was expected, while rates of savings have been in line with expectations.

According to the Department of Commerce expenses rise made 0.9 %.

Adjusted for seasonal variations, personal incomes grew 0.4 % in comparison with the last month.

In November, on the refined data, its rise made 0.4 %. Earlier it was informed on incomes rise of 0.3 %.

The data have been in line with the forecasts. Meanwhile inflationary pressure dropped. On the refined data consumer charges made 0.5% in November. Earlier it was informed that consumers expenses increased 0,3 % in November.

The middle forecast assumed that personal incomes in the USA would grow 0,4 %, and consumer expenses - 0,7 % in December.

 

The housing prices in the UK rose 0.1 % in January, despite the weak activity during Christmas and New Year's period.

This growth followed growth of 0.1% in December that was the first increase for 18 months. For a year till January the price have dipped 1.04%.

The basic impulse of January increase was growth in London where the limited stocks and long growth of demand have led to the average price rise on 0.2 %.

Seasonal factors have led to activity cut on 13.7 % in January.

This review confirms data of other last surveys which show restoration of growth in the housing market in the UK from the moment of Bank’s of England rate dip on a quarter of point in August of the last year.

 

According to the Insee quarterly report the indicator of expectation of demand in France in a manufacturing industry fell up to +5 in January from +9 in October.

The indicator shows balance between the expected growth of demand in current quarter and predicted cut in a percentage.

The indicator of the last demand grew up to +6 in January against +5 in October.

 

According to ECB the refined value of the balance of payments in Europe (12) made -3.8 billion euro for the third quarter.

ECB has declared that proficiency of balance of current transactions in Eurozone with the UK and the USA has been offset by deficiency with other countries in the third quarter.

Proficiency of balance of current transactions in Eurozone with the UK makes 22.8 billion euro, and with the USA 10.0 billion euro in 3 quarter.

 

According to ECB in the third quarter trade balance proficiency in Eurozone made 16.3 billion euro, including proficiency of 18.bln. with the USA and 14.3 billion with the UK, and also deficiency of 3.5 billion with Japan and 26.1 billion with other countries.

* Printer-Friendly Version * Send This Page * Add to Favorites * Comments
Prev All News Category News Next

World Time
Calendar
 March, 2006
Sun Mon Tue Wed Thu Fri Sat
      01 02 03 04
05 06 07 08 09 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  
Forex NewsAdvertise
Resource
Forex Forex Guide
Forex Analysis Forex News
Forex Broker Foreign Exchange
Forex Directory Russian Forex
World Market
Market Snapshot
Stock Quotes

Partners

| Forex Trading | Business catalog | China Real Estate | Forex Broker | Forex Market | Forex Forum |
© Copyright 1998-2011 OpenForex.com - forex trading, brokers, financial forecast