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Friday,Oct 10 2008, 11:58:04 AMDaily Economic Calender

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Daily Newsletter: 08/10/2008 
By Jean-Claude Braha - ACM Advanced Currency Markets, Geneva, Switzerland
Today's Economic Calendar:
 TIME (GMT)    EVENT  VALUE NAME   CONS.  
06:45    FR:Merchandise Trade Level E-4.5B  
09:00    EMU:GDP Quarter over Quarter -0.2%  
    Year over Year 1.4%  
10:00    DE:Industrial Production Month over Month -0.3%  
    Year over Year -2.7%  
11:00    US:MBA Purchase Applications   
14:00    US:Pending Home Sales Index   
14:35    US:EIA Petroleum Status Report   

Full week Economic Calendar        
Central Banks are ready to cut rates
News and Events:
The Dollar fell on Tuesday as steps by the Federal Reserve to calm chaotic financial markets and a signal by Chairman Ben Bernanke that the central bank was ready to cut rates eroded some of its safe-haven bid.

Also, ECB chief Jean-Claude Trichet last week signaled the central bank was ready to start cutting rates.

Analysts said the Dollar still remained a safe-haven, but cautioned that it could fall further against the Euro as its recent rally was seen as slightly overdone. They added that the ongoing credit crisis has started to impact the currency.

Read Today's Key Issues and The Risk Today        
Resistance and Support:
EURUSD GBPUSD USDJPY USDCHF
1.5280 K 2.0100 K 110.67 T 1.2153 T
1.5000 P 1.8795 S 108.02 S 1.1596 S
1.4202 M 1.8669 M 105.00 M 1.1489 M
1.3642 1.7540 100.40 1.1340
1.3443 M 1.7422 S 100.23 M 1.0692 S
1.3360 T 1.7318 M 100.00 P 1.0500 K
1.3056 T 1.7251 S 99.60 T 1.0013 P
S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot

 Tag : Economy, finance, AND | Post Comments | Share with Friends

Thursday,Oct 9 2008, 11:06:12 AMThe Background Painting

Tissot, James ...

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 Tag : art | 2 Views | Post Comments | Share with Friends

Thursday,Oct 9 2008, 10:50:22 AMCapitalism has started to neutralize itself?!

Curioso's Journals

Capitalism has started to neutralize itself?

Capitalism like any other Social and International phenomenon has its weak-points. During the After war Era , Americans by the help of their victorious involvements in defeating the Nazi Germany , found it ever much easier to blow up the ball of Capitalism. It was considered a natural thing for the liberated part of the world to accept limitless , tyrant , faceless, stateless capitalism as the invincible, undisciplined, hard to regulate capitalism as the overwhelming social and ...

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 Tag : Journals, My | 9 Views | Post Comments | Share with Friends

Wednesday,Oct 8 2008, 01:40:55 PMDaily Economic Calender

Yahoo! Alerts



Wednesday, October 8, 2008, 4:00 AM PDT ...

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 Tag : Economy, AND, finance | 4 Views | Post Comments | Share with Friends

Sunday,Oct 5 2008, 09:30:17 AMHeadlines

U.S. considering diplomatic outpost in Iran: Rice
Reuters via Yahoo! News Sat, 04 Oct 2008 11:59 PM PDT
The Bush administration is still considering setting up a diplomatic outpost in Iran, U.S. Secretary of State Condoleezza Rice said on Sunday.

 Tag : HeadLines | 5 Views | Post Comments | Share with Friends
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