ACM / Economic calendar and daily foreign exchange news & analysis

Click here if your email program has trouble displaying this email

Demo|Live|Free Practice  Daily Newsletter: 16/06/2009  By Peter Rosenstreich - ACM Advanced Currency Markets, Geneva, Switzerland Today's Economic Calendar:  TIME (GMT)    EVENT  VALUE NAME   CONS.   08:00    IT:CPI Month over Month 0.2%       Year over Year 0.9%   08:30    GB:CPI Month over Month 0.3%       Year over Year 2%   09:00    EMU:HICP Month over Month 0%       Year over Year 0%   09:00    DE:ZEW Survey Level 35.1   11:45    US:ICSC-Goldman Store Sales Store Sales - W/W change 0%       Store Sales - Y/Y 0%   12:30    US:Housing Starts Starts - Level - SAAR 0.5M       Permits - Level - SAAR 0M   12:30    US:Producer Price Index PPI - M/M change 0.7%       PPI less food & energy - M/M change 0.1%       PPI -Yr/Yr change 0%       PPI less food & energy - Yr/Yr change 0%   12:55    US:Redbook Store Sales Y/Y change 0%   13:15    US:Industrial Production Production - M/M change -1%       Capacity Utilization Rate - Level 68.4%   Full week Economic Calendar         Usd Gains Halted as Risk Appetite Returns News and Events: The USD lost some ground, as European markets opened higher and risk appetite seems to be cautiously creeping back. Yesterday, the S&P closed down almost 2.4% and major indexes in the Asia-Pacific region all closed lower. European indexes, which opened notably lower, have rallied back above break even. In Japan, the BoJ held rates steady at 0.10% as was universally expected. In a shift, the Kremlin economic aide stated that Russia would raise the issue of the USD reserve currency at today's BRIC conference. Read Today's Key Issues and The Risk Today         Resistance and Support: EURUSD GBPUSD USDJPY USDCHF 1.4265 1.6830 100.00 1.1032 1.4170 1.6740 98.89 1.0988 1.4030 1.6660 97.90 1.0952 1.3905 1.6467 96.91 1.0839 1.3730 1.6305 95.50 1.0750 1.3580 1.6240 94.45 1.0650 1.3425 1.6040 93.85 1.0591 S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot Quick access to our 5 previous newsletters:  USD Survives G8 and Continues to Strengthen Ahead of BRIC...  Today its All About US Retail Sales  Markets Pair Back Fed Rate Expectations  Flurry of encouraging news has optimists buzzing but can it...  USD Rallies Back on Stronger US data This e-mail is intended solely for the indicated recipient(s). It may contain privileged and/or confidential information. If you are not one of the intended recipients, please notify the sender immediately and destroy this e-mail; you must not copy, distribute or take any action in reliance on the information contained within. Whilst all efforts are made to safeguard inbound and outbound e-mails, ACM SA cannot guarantee that attachments are virus free or compatible with your software and declines any liability in respect to viruses or computer problems experienced. Any views expressed in this message are those of the individual sender, except where specifically stated to be the view of ACM SA, its subsidiaries or associates. Additionally ACM SA declines any liability connected with losses incurred on transactions based on any market information and/or opinions contained within this e-mail. This message has been checked for all known viruses by McAfee Virus scan. DIRECT LINKS:   Forex Trading   New To Forex   Forex Quotes   Charts   White Labels   Asset Managers   Introducing Brokers     unsubscribe