AppId is over the quota
Posted January 19, 2013 9:56 (GMT) | By FX Empire Analyst - Barry Norman | Print | Font Size | Add a comment
Weekly Analysis and Recommendation:
Crude Oil closed the week at 95.82 after hitting 96.48 on Thursday. As geopolitical tensions grew with Islamic and Al-queda attacks in Mali and Algeria, crude prices climbed. Midweek EIA inventories surprised traders showing a significant drop in inventories. While strong data from the US and China improved demand.
Oil prices dropped on Friday as traders banked profits from the previous day’s gains Prices had closed up more than a dollar on Thursday, boosted by positive economic reports in the United States and fears linked to hostage-taking on an Algerian gas field. Investors also reacted to economic data out of China, choosing to focus on gross domestic product (GDP) growth in the final quarter of 2012, which showed an uptick after seven straight quarters of slowing expansion. Beijing said the world’s number two economy expanded 7.8 percent in 2012, better than the government target of 7.5 percent, marking a second straight year of easing owing to weakness in key overseas markets
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more recent analysis and information in our weekly reports and we provide daily updates and outlooks.
Major Economic Events for the week of January 14 – 18 actual v. forecast for Euro, GPB, the Franc, and USD
NY Empire State Manufacturing Index
TIC Net Long-Term Transactions
Philadelphia Fed Manufacturing Index
Chinese Fixed Asset Investment (YoY)
Chinese Industrial Production (YoY)
Historical: From 2010 to Present
Highest: 114.81 on May 02, 2011
Average: 89.58 over this period
Lowest: 67.17 on May 25, 2010
WEEKLY
This Week in PetroleumRelease Schedule: Wednesday @ 1:00 p.m. EST (schedule)Gasoline and Diesel Fuel Update
Release Schedule: Monday between 4:00 and 5:00 p.m. EST (schedule)Weekly Petroleum Status Report
Release Schedule: The wpsrsummary.pdf, overview.pdf, and Tables 1-14 in CSV and XLS formats, are released to the Web site after 10:30 a.m. (Eastern Time) on Wednesday. All other PDF and HTML files are released to the Web site after 1:00 p.m. (Eastern Time) on Wednesday. Appendix D is produced during the winter heating season, which extends from October through March of each year. For some weeks which include holidays, releases are delayed by one day. (schedule)
Economic Highlights of the coming week that affect the Euro, GBP, CHF and the USD
Upcoming Government Bond
Date Time Country
Jan 21 10:00 Slovakia
Jan 22 09:10 Holland
Jan 22 09:30 Spain
Jan 22 10:30 UK
Jan 23 10:10 Sweden
Jan 23 16:30 Italy
Jan 24 01:30 Japan
Jan 24 12:00 Norway
Jan 24 15:30 Sweden
Jan 24 16:00 US
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