The Japanese and Korean equity markets have picked up again on the negative sentiment from yesterday and are both over 1% lower in early trade.
Nikkei and Kospi both over 1% lower in early trade
Source: www.forexlive.com
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China May Trade Surplus $13.39 Bio
China’s May Trade surplus $13.39 bio, less than the forecast $14.3 bio. May Exports -26.4% year on year. Forecast was -23.2%. Seasonally adjusted, exports rose 0.2% in May from April and Imports rose 4.4%. May Imports -25.2% yoy. Forecast was for a reading of...
GM, Toyota sales tumble
Gm sales fell 29.6 percent in May versus the year ago period, but those sales look robust compared to Toyota. Their sales fell 38.4% from a year ago. Over the prior month though, sales were improved. UPDATE: Chrysler sales fell 47% from year-ago...
July performance review for Danica-9am algorithmic system
During the month of July, the seventh month of live performance, the system continued on the auto-pilot without code upgrades or parameter changes. This document consists of a summary section reporting the figures of merit for the forecasting quality, followed by 14 subsections, dedicated to the...
FOREX VIDEO - Pre London Outlook August 25th 2009
Hey everyone, today is a unique video in that I’m posting it significantly earlier than I typically do, in addition to my normal analysis I also respond to an email question regarding my daily trading routine and approach. Perhaps this is of some interest to you. Along with this discussion I...
EUR/USD Above 1.29 Ahead of Possible Greek News
Source: ForexYard As investors cautiously await any news regarding a Greek debt swap deal, the EUR/USD has slipped following last...