Views
5 years ago

Global Markets Daily alp ari. research Fu n d amental - Alpari (UK)

Global Markets Daily alp ari. research Fu n d amental - Alpari (UK)

alpari.research Fundamental | FX, Indices & Commodities Global Markets Daily GBP/USD � At GMT0400, the pair is trading at 1.6035, with the GBP trading marginally higher from the New York close. � Investors turned their focus on revised UK GDP data for Q3 2012 due to release ahead in the day. Britain’s GDP increased 1.0% for the third quarter, the fastest pace in five years. Investors speculated that today’s second revision isn’t likely to challenge that estimate. � GBP traded 0.14% higher against the USD in the New York session, with the pair closing the session at 1.6030. � The pair traded at a high of 1.6033 and a low of 1.5996 in the New York session. � The pair is expected to find support at 1.6004, and a fall through could take it to the next support level of 1.5979. Its first resistance is seen at 1.6047 and a rise through could take it to the next resistance level of 1.6065. EUR/CHF 1.2049 1.2044 1.2040 1.2035 1.2030 13:00 www.alpari.co.uk 14:30 16:00 Time in GMT 17:30 19:00 20:30 22:00 R3 Last 24 hours 1.6108 R2 1.6065 R1 1.6047 PP 1.6022 S1 1.6004 S2 1.5979 S3 1.5936 As at 22:00:00 GMT R3 Last 24 hours 1.2073 R2 1.2056 R1 1.2046 PP 1.2039 S1 1.2029 S2 1.2022 S3 1.2005 As at 22:00:00 GMT 1.6035 1.6025 1.6015 1.6004 1.5994 PP— Pivot Point ; R—Resistance Level ; S—Support Level ; M—Mid Point 13:00 � In the Asian session, at GMT0400, the pair is trading at 1.2042, with the EUR trading marginally higher from the New York close. � EUR traded 0.07% lower against the CHF in the New York session, with the pair closing the session at 1.2037. � In Switzerland, employment level rose to 4.12 million in the third of quarter of 2012 compared to a level of 4.07 million in the previous quarter. � The pair traded at a high of 1.2048 and a low of 1.2031 in the New York session. � The pair is expected to find support at 1.2029, and a fall through could take it to the next support level of 1.2022. The pair is expected to find its first resistance at 1.2046, and a rise through could take it to the next resistance level of 1.2056. 14:30 16:00 Time in GMT 17:30 November 27 2012 19:00 20:30 22:00 2

alpari.research Fundamental | FX, Indices & Commodities Global Markets Daily Economic Calendar Country GMT Economic Indicator www.alpari.co.uk Consensus / *Actual November 27 2012 Previous / # Previous Est. Frequency Japan 3:00 Small Business Confidence (Nov) 43.30* 43.70 Monthly Germany 7:00 Import Price Index (MoM) (Oct) -0.30% -0.70% Monthly Switzerland 7:00 UBS Consumption Indicator (Oct) - 1.07 Monthly France 7:45 Consumer Confidence (Nov) 83.00 84.00 Monthly US 8:00 Dallas Federal Reserve President, Richard Fisher's speech - - - UK 9:30 Gross Domestic Product, Prelim (QoQ) (Q3) 1.00% 1.00% Quarterly UK 9:30 Exports, Prelim (Q3) 1.10% -1.10% Quarterly UK 9:30 Imports, Prelim (Q3) 0.30% 1.40% Quarterly UK 9:30 Total Business Investment, Prelim (QoQ) (Q3) 1.30% 0.90% Quarterly UK 9:30 Government Spending, Prelim (Q3) 0.40% -1.60% Quarterly UK 9:30 Index of Services (3M/3M) (Sep) 1.20% 0.20% Monthly Euro-zone 10:00 OECD Economic Outlook (Nov) - - Monthly US 13:30 Durable Goods Orders (Oct) -0.70% 9.80% Monthly US 13:30 Federal Reserve President, Ben Bernanke's speech - - - US 15:00 Consumer Confidence (Nov) 73.00 72.20 Monthly US 15:00 Housing Price Index (MoM) (Sep) 0.40% 0.70% Monthly US 15:00 Richmond Fed Manufacturing Index (Nov) -9.00 -7.00 Monthly UK - Nationwide House Prices s.a. (MoM) (Nov) - 0.60% Monthly 3