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European Morning Update 3rd June 2008

Dollar mixed in Asian tradingReleases from Australia: Forecast ActualApril Building Approvals (MoM) - 0.1% +7.8%April Building Approvals (YoY) - 3.3% +5.2%In spite of a robust rise in building approvals the RBA announced an unchanged policy which had been expected. The CB commented that the current policy was appropriat

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European Mid Morning Update 4th June 2008

The market remains desperate for inspiration…Releases from Europe:May Forecast ActualItalian Services PMI 49.5 48.1French Services PMI 50.7 50.5German Services PMI 53.7 53.8Euro-zone Services PMI 50.6 50.6Euro-zone Composite PMI 51.1 51.1No real surprises from the European final Services PMI releases exc

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Asian Morning Update 1st June 2008

Directional Dollar trading expected to extend into this week Releases from Europe:April Forecast Actual Italian Producer Prices (MoM) +0.7% +0.4%Italian Producer Prices (YoY) +6.5% +6.3%Euro-zone Unemployment Rate 7.1% 7.1%MayEuro-zone CPI (est) (YoY) +3.5% +3.6%Italian CPI (MoM) +0

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Forex 18th Of June 2008

Hello,Today we have only one great event on our economic calendar.At 08:30 GMT the minutes of the Bank of England MPC Meetings are published 2 weeks after the interest rate decision. the 5th of june "the Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 5.0%. (...) Th

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European Morning Update 5th June 2008

A quiet Asian session sees the Dollar underpinned ahead of the ECB & BOE rate decisionsReleases from Australia: Forecast ActualApril Trade Balance AUD -1.70bn -957mnCoal and gold exports provided Australia with a large decrease in their trade deficit while a 10% drop in capital goods imports also contributed. The drop in capi

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Forex 25th Of June

In our economic calendar today?10:00 GMT: The CBI Distributive Trades Survey released by the Confederation of British Industry is an indicator of short-term trends in the UK retail and wholesale distribution sector carries significant weight in the formulation of economic policy at the Bank of England and within Government. A high reading is seen a

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