Good Morning and get ready for another wonderful trading session!

Europe’s market is a bit quiet, and Oil is shooting down fast! Maybe the SUV set would be more than happy to pump gas once again? Who knows!

With Europe’s Market, we are looking at Europe’s Consumer Confidence Levels and Switzerland’s Leading Index.

The American Market is a bit busier with a few items. First, we start with the ADP Nonfarm Employment Change. ADP is a third party payroll company that does the payroll for many large and small corporations and businesses in the USA.

Then another heavy bag for the US is crude oil inventories. If we can get through this reading, I know that we will have cheaper oil later on today for September delivery.

Canada will have numbers today around 8:30EDT for their Raw Materials Price Index and Industrial Product Price Index.

After a late night tea session announcing the GfK Consumer Confidence in England, We have a busy asian session in store.

First, Japan will put out there Manufacturing PMI. Their last number was 46. Later on we will see Average Cash Earnings as well.

Australia will release three things for later on: Look for Retail Sales Monthlies, Trade Balance, and Private Sector Credit Monthlies.

New Zealand tops the end of the Forex Day with Business Confidence Levels!!!!

Have an awesome day and TRADE ON!!!

Thomas Howell
GoForexTrade.com

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Good morning and welcome to another busy, fun filled day in the Forex Markets!

Europe has a ton of news today and yes, about 80% of the news will be Purchasing Managers Indexes.

Look for Purchasing Managers Indexes, both on the Service and Manufacturing End From France around 800 GMT, then 30 minutes later in Germany, and at 900 GMT for Europe’s total PMI.

Around 900 GMT, we will get a number from Germany’s Information and Forschung Index, for Business Climates and Business Expectations. Then Europe’s Current Account will be released, expect the magic number to be -.5 Billion.

930 GMT will see numbers from England’s Retail Sales Month to Month.

The US market will see a few heavy hitters at 830 am EDT, starting with Unemployment Claims. We are looking at a slight increase in claims. Fast forward to 1000 am EDT, we will get to see numbers for Existing Home Sales, a speech from New York State FOMC Member Tim Geithner, and Natural Gas Storage, which the consensus is looking at 83 Billion Cubes.

England will have a word or two from Monetary Policy Committee Member Richard Bean around the Close of the London Market.

Japan has the news for the Asian Market Session, with Tokyo’s very own Consumer Price Index Annuals, and then a Consumer Price Index Annual for the Whole Country of Japan. Then wait 20 minutes and the Corporate Services Price Index will be public.

There is the news to look out for today. Wish you the best of luck and make another fine day of trading happen!!!!

TRADE ON!!!
Thomas Howell
GoForexTrade.com

P.S. Please check out my other blog, which we started earlier this week. http://www.iliveinsuccess.com is the new blog and I am very hopeful that you will like the content. We don’t talk much about forex in there, but what we talk about, is other fine money making opportunities and lifestyle quality modifications. So if you want a blog that challenges you and makes you want to aim for higher, please check out www.iliveinsuccess.com

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Good morning, and welcome to a new day of trading forex!!!

Reviewing last night’s asian market, we have a few news events to cap off…
Australia’s Manufacturing PMI has fallen 4.2 points from 51.2 to 47.0.

Japan’s Tankan Index for Manufacturer’s and Services did excellent! The Manufacturer’s had scored 5 over 3 on forecast, and the Services Index did 10 over 8. The sweet of course identifies the sour with Average Cash Earnings only improving .2%, way under expectations of .7%

We are still waiting for the Cash Rate, and a Rate Statement from the Reserve Bank of Australia if the rate does change. We will cover this later on.

Let’s cover the wonderfully busy day that the euro will have…
Right out of the gate we are going to have in the Eurozone, German Retail Sales, and England will have a number on Nationwide House Price Monthlies.

Switzerland will then have the SVME Purchasing Manager’s index. Look for a number over 50.

Europe will then shortly thereafter release Germany’s Unemployment Changes (Look for -15) and Manufacturing PMI (Look for 49.1).

Then England is up to the stage with their Manufacturing PMI. Finally, to cap off the news, Europe will release their E-13 unemployment statistics later on.

Have a great one, and TRADE ON!!!

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Good afternoon, evening, and morning wherever you are!

Red News for Europe:
WHOAH! Am I seeing things, or did the Euro just take a serious ass kicking? Every single news event for the european market, with the exception of German Services Purchasing Managers Index which did modestly ok, got their asses handed to them!

Germany
Manufacturing PMI: 52.3/expected 53.2
Services PMI: 53.3/expected 53.1
Ifo Business Climate 101.3/expected 102.5
Ifo Business Expectation 94.7/expected 96.3

EUROPE:
Manufacturing PMI: 49.1/expected 50.2
Services PMI: 49.5/expected 50.5

So the euro is dumping a cent an a half. But by market close it doesn’t look like they are going to give up, and the euro starting kicking some ass once again! After being plunged down to nearly 1.5465, the euro will recover at 1.5508 and head upwards.

Crude Oil: as of 1246 -4GMT, Crude has managed to slip up another dollar to $137.81.

For this afternoon, the only news event in the on deck circle is a podium piece by Bank of Canada’s Sheryl Kennedy.

TRADE ON!!!!

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