Trends for Today by 27/01/2010

Market Notes:

U.K. economy has finally come out of the recession with a 0.1% rise in GDP.
Bernanke’s reelection seems quite sure, as 13 Republican senators have signaled that they will vote for him, while only 6 Democrats have refused to support him. The reelection will spur the risk appetite that will support the Australian and New Zealand Dollar.
Watch the Interest Rate decisions in US and NZ today.

Daily Trends & Charts

forex chart

Watch the Fundamentals!(GMT time)

Yesterday – Japan’s Rate decision: 0.1% as exp.
German Business Climate: 95.8 vs. 95.2 exp.
GB GDP: 0.1% vs. 0.4% exp.
US Consumer Confidence: 55.9 vs. 53.6 exp.

TODAY – GB CBI Realized Sales at 11:00.
US New Home Sales at 15:00.
US Federal Interest Rate at 19:15.
NZ Interest Rate at 20:00.

Tomorrow – US Core Durable Goods Orders at 13:30.
US Unemployment Claims at 13:30.
Fed Chairman Confirmation Vote.
NZ Building Consents at 21:45.

Good Day!!!

“Trends for today” is presented by Danny Spivak

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