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  1. #1
    Administrator Martin Kay's Avatar

    Hot Top 5 Market Moves of the Week - 28/01/-01/02/13 !!!

    Hi guys,

    Bogdan's Top Five Мarket Мoves of the Week are here! This week is full of important data release. The most important of them are the FOMC Statement and Federal Funds Rate and the NFP. Check it out and be prepared for volatile movements in the market!

    Originally posted by Bogdan G. for more info on these events click here.

    US Advance Gross Domestic Product
    01/30/2013 – Wednesday at 1:30 pm GMT

    US FOMC Statement and Federal Funds Rate
    01/30/2013 – Wednesday at 7:15 pm GMT

    Facebook Earnings Report
    01/30/2013 – Wednesday

    US Non Farm Employment Change
    02/01/2013 – Friday at 1:30 pm GMT

    US ISM Manufacturing Purchasing Managers’ Index
    02/01/2013 – Friday at 3:00 pm GMT

  2. #2
    Junior Member Aravins's Avatar
    I am waiting for the FOMC statement this evening. If it comes as expected I think the euro will break the 1.36 level. I am a bit afraid that the NFP could lead to some abrupt turn but as we saw last month there was not really a lot of volatility after the release. It all will depend on the surprise if there is some big difference from the expectations.

  3. #3
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by Aravins View Post
    I am waiting for the FOMC statement this evening. If it comes as expected I think the euro will break the 1.36 level. I am a bit afraid that the NFP could lead to some abrupt turn but as we saw last month there was not really a lot of volatility after the release. It all will depend on the surprise if there is some big difference from the expectations.
    The payrolls number is all about the surprise. Today it came in almost exactly as expected and they revised the previous two months upward. However, on the dark side of the cloud unemployment rose. What this means to me is that the economy is still on the rocks and that we should expect the FOMC to continue it's $85 billion asset purchase plan "indefinately" or until the US defaults on its credit.

  4. #4
    Active Member jephry88's Avatar
    Quote Originally Posted by Michael Hodges View Post
    The payrolls number is all about the surprise. Today it came in almost exactly as expected and they revised the previous two months upward. However, on the dark side of the cloud unemployment rose. What this means to me is that the economy is still on the rocks and that we should expect the FOMC to continue it's $85 billion asset purchase plan "indefinately" or until the US defaults on its credit.
    Absolutely! The most important thing as it seems now is the $85 billion asset purchase plan.. but I think the US economy will benefit from the week dollar as it will increase its export

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