Sunday, March 4, 2012

5/3/ 2012 Daily Forex Outlook

We start the week with some interesting events such as the ISM PMI in the U.S. and UK Halifax HPI today as the main highlight on the Outlook. Let’s see what awaits us today.
 
In the U.S., the Institute for Supply Management (ISM) purchasing managers index of non-manufacturing (PMI), monthly rate terms and conditions of employment, new orders, suppliers and so on, the growth of the sector with 56.2 shows this month, 0.6 points less than last month.
 
More United States, Factory Orders, an indicator of the monthly production are important for the measurement of the manufacturers new orders for the purchase, due to further reduce by 0.1% compared to -1.2% in February down.
 
In europe, the final services Purchasing Managers’ Index (PMI), assessed monthly survey of business conditions, such as employment, production, prices, inventories, etc., Up 0.1 points in February expected 49.5 points.
 
 
In Europe, retail sales, expect the most important indicator for increased consumer spending for the measurement of total retail sales of 0.3% last month.
 
Finally, in Europe, rising Sentix Investor Confidence Index, working on a monthly survey of prices in the Euro area financial outlook six months of -11.1 last months, but still shows pessimism-5, 7 points.
In the UK Halifax House Price Index is (HPI), the value of price changes in the household of Halifax Bank of Scotland (HBOS), reduced by 0.3% financing to forecast the last time down 0.3%.
 
More in Great Britain, services Purchasing Managers’ Index (PMI) is monthly survey to show the level of the economy, expected to decrease by 0.1 points from last month to 55.0 points.
 
To assess in Switzerland, retail, measuring the level of detail monthly revenue in recent months, growth is forecast for 0.6% to 2.1% this time.
 
In Australia measuring Australia and New Zealand Banking Group (ANZ), applied for the job, the number of jobs in the media capitals’ is similar to 0.6% in February to stay.
 
More Australia, earned an operating profit of companies, the total value of the profits of companies due to 4.8% to 0.3% today to reduce.
 
Later, in Australia, Australian Industry Group (AIG) services index, no change to the previous month and expected growth of the industry is expected of 51.9 points.
 
Finally, in Australia. Melbourne Institute inflation gauge is ready for the (MI), remain at 0.2%.
 
In New Zealand visitor numbers remain around 4.5%, similar to the February monthly report.

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