Daily Outlook – Major Global Rally Sparked in Asia
Written by Anthony DarvallU.S. Dollar Trading (USD) strong Chinese manufacturing data sent stocks higher in Asia and Europe and this accelerated in the US session on better than expected August ISM data at 56.3 vs. 55.5 previously. Also release
ISM Manufacturing beats expectation, USD strengthens!
he Dollar Traded strong as Chinese manufacturing data sent stocks higher in Asia and Europe and this accelerated in the US session on better than expected August ISM data at 56.3 vs. 55.5 previously. We also released August ADP Employment at -10k
Persistent Concerns Over Structural Vulnerabilities
The Euro found support below 1.2650 against the dollar during Tuesday and rallied to highs just below 1.2750 during the US session. The Euro was unable to sustain the advance and re-tested support levels near 1.2650 during Wednesday.The Euro-zo
China auto sales rebound to grow 56 percent in Aug
Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency spurred demand, while sales in the U.S. faltered.
Rupee higher on stocks, dollar; U.S. data eyed
The rupee rose on Thursday aided by the dollar losses against major currencies and other Asian units ahead of the European Central Bank's policy decision due at 1145 GMT and the U.S. non-farm payroll data due on Friday.
Euro edges up vs dollar, US jobs report awaited
The euro edged up on Thursday supported by healthy results at Spanish and French bond auctions and stable global equities, but investors remained cautious ahead of a key reading on the U.S. labor market on Friday.
Indicators Confirm Strong Stock Market Rally
We are updating the daily chart of both the Call/Put Dollar Value Flow Line (CPFL) and Most Actives Advance/Decline Line (MAAD) indicators every day and providing the most recent raw data so you can begin to plot the indicators on your own (see b
Fed Engineering a Delebrate State of Slow Economic Collapse
Almost two years ago the US Treasury was selling large amounts of short-term Treasury bills to fund bailouts and stimulus. That caused a major increase in debt. Most of that paper was 2-year bills and it is coming due for rollover shortly.
US jobless claims fall shores up markets
European stock markets and Wall Street futures recouped earlier modest losses Thursday after a surprise fall in weekly U.S. jobless claims.
World stocks steady after strong US gains
European stock markets traded modestly lower Thursday after big gains the previous day, following a forecast-busting U.S. manufacturing survey and ahead of the monthly interest rate decision from the European Central Bank
European shares edge lower ahead of ECB, U.S. data
European equities edged lower on Thursday ahead of a rate decision by the European Central Bank, after their biggest daily gain since May a day earlier, although auto shares provided some support.
Unemployment Up In About Half Of US Cities
The unemployment rate rose in nearly half of the nation's 372 largest metro areas in July, as the pace of hiring slowed from earlier this year.


