Wednesday, January 30, 2013

Nikkei tumbles By Data Domestic & Wall St

USD/JPY Charts Analysis today
Nikkei tumbles By Data Domestic & Wall St. Trading on Thursday (31/01)-Japan's Nikkei experience a correction, but still above the 11.000 level since dragged down by a drop in Wall Street and the stock market due to Japan's emerging industry data missed estimates. The fall of Wall Street happened after economic growth in the United States (U.S.) or 4-quarter GDP estimate fell below estimates. Figures 4-quarter U.S. GDP appears in figure -0.1%, slipped away from the previous quarter at level 3.1 and below forecasts of 1.2%.

While data of Japanese industrial productions jumped to 2.5% in December when compared with -1.4% in the previous month. But the figure is still far below economists' estimates of 4.5%. And although the Nikkei recorded in negative numbers, some exporters still show performance. Noted Nissan Motor Co gained 0.6%, while Canon Inc.. also crept up 0.6% after reporting fourth-quarter profit slightly decreased but predict will reap gains in 2013, thanks to the weakening yen. The banking sector also rose as Sumitomo Mitsui Financial Group Inc.. which jumped 4.4% after posting a profit increase by 34% during April-Desembert, while Mitsubishi UFJ Financial Group Inc.. soared 1.2% and Mizuho Financial Group Inc.. rose 0.6%. The Nikkei fell -0.87% or monitored points in the range of -97.23 11015.58, while the Nikkei futures contract fell by 100 points participate in the 11,015 area.

Attract Alicia Keys, RIM Wants Shades of R & B in Blackberry

Trend use of a public figure as a creative director is increasingly becoming the norm for American companies. After Lady Gaga, R & B singer Alicia Keys was also inaugurated by the smartphone manufacturers to occupy that position. The position of creative director is now not only the exclusive domain of people with university academic background. The artist can occupy that position for various reasons. In addition to its personal capacity considerations, the position is considered important as the creative director of capital strengthening consumer base.

Research in Motion is one company that has just oust a celebrity to be a creative director. Canadian company recently introduced R & B singer, Alicia Keys, as global creative director. Keys adds to the long list of celebrities who have been appointed by corporate America to occupy similar positions. Intel (INTC) earlier appoint personnel Black Eyed Peas, Will.i.Am as director of creative innovation. While Polaroid, which successfully survived the threat of bankruptcy, in 2010 ago also oust Lady Gaga for similar positions. Consideration at that time was the ability of the singer in the design industry and knowledge about optics.

For Keys family itself, this designation is not something new. Alicia's husband who also works as a record producer Swizz Beatz has served as creative director for an automotive company Lotus in 2011. Regardless of the position, role Keys for RIM over the ability to introduce new Blackberry in the smartphone market world. He is said to be featured in various advertisements for several months. Community technology world just waiting for the extent to which the aura of R & B, the company was able to boost sales of the Blackberry. RIMM shares yesterday closed at 13.78, down 12% on the trading session on Wednesday (30/01).

Yen From Slowing Down Movement

Yen has moved to near 91.00 throughout the week, was last seen at 90.95, returning from a session low at 90.78 points, the opening price today in Asia Pacific, the continuing decline of the movement that began in the high 30 months at 91.41 points, achieved with ADP in the U.S. , just before the U.S. GDP data was released. Support close to moving down yen was at the session low today at 90.78, followed by low Tuesday / high 18-21-22 in figure 90.32/18, and a high 14/15 January at 89.67 / 3. For the movement of descent, nearest resistance is recorded in high Monday at 91.25, followed by a new high yesterday of 31 months at 91.40 and the low numbers in July 2009 at 91.70 points.

Yen Still Flat to Close This Week 91.00

Movement of the Yen so far until this week still looks flat, as happened on Monday in the Asia Pacific region, and moving up from an opening price before yesterday. Yen seems to be trying to get down to a low daily at 90.80 points from its record high of 30 months in figure 91.41, following poor U.S. GDP data since mid-2009, suggesting the release of negative numbers. The new release of manufacturing data for Japan improved for the first time in 4 months that was released was disappointing, although still below the number 50, the last figure 47.7.

According to Valeria Bednarik, analyst at FXstreet.com: "hourly chart shows price movements in SMA-100 which shows the dynamic support near 90.38, while some indicators appear flat in the positive area. In a period of time greater technical readings are also moving well above the middle, with the momentum up. However, beyond the lack of strength of the yen, there is still no sign that prices will turn around in the near future ", said the analyst. Valeria identify areas of support in the range of 90.70, 90.30 and 89.80. While the range of resistance were 91.20, 91.60 and 92.00.

Flow Correction carried Kospi Asia

As rival exchanges Nikkei and Hang Seng, Kospi stock today - South Korea also experienced a correction due trouncing sell off triggered by a drop in Wall Street overnight. Sharp weakening the case with stocks blue-chips. Big names such as Samsung Electronics and Hyundai Motors declined each more than 1 percent and 0.5 percent. While LG Electronics tumbled 1.2% after record losses were far beyond analysts' expectations. The main Kospi index fell -0.37% recorded or down -7.25 points to an area of ​​1957.18, while the Kospi futures activities fell -1.20 points at 257.90 area.

Hang Seng slid in Property Sector, Energy

Index Stock Exchange of Hong Kong - Hang Seng today (Thursday, 31/01) is offset from the high range in the last 2 years after data showed the U.S. shrank in the quarter prekonomian-4 and after Federal Reserve explains the growth has stalled in recent months. The Hang Seng Index fell 0.5% to a record area range 23,696.26 and the Hang Seng futures fell -61 points share in the range of 23 743. Also visible property and energy sector stocks suffered a heavy blow in trading today. In stock note Cnooc Ltd. stock. fell 2.6% after rumors circulated that the estimated production would be under-estimated in the year 2013, while Kunlun Energy Co. fell 3%. Sector developers (developers) also fell as Sino Land Co. fell 2.2% and New World Development Co. fall of 2.1%.

Regional Exchanges In the Red Zone


On the last day of January, Asian markets slid monitored, while the two large Asian market has recorded a substantial gain as Japan and China. Throughout this month the Nikkei managed to collect gain up to 6.9%, helped by a weaker performance index exchange continues. While the Shanghai Composite recorded a gain of 5.0% related to the release of data that showed China's economy economic recovery in Asia's biggest economy.

Australia shares rise 5.3%, recorded the best increase since January 1994. "The pace of monetary easing was made to stabilize the economy in Japan and the U.S. is more than enough to drive the market," said Stan Shamu, market analyst at IG Markets in Melbourne. The increase in iron ore prices helped push the local mining performance. Economic growth in the countries of Southeast Asia are considered attractive combined with strong sentiment. Philippines PSE index gain 7.9% and Thailand's SET index rose 1%. Earnings are also factors driving Asian markets today. In Tokyo, Sumitomo Mitsui Financial Group rose 3.4% after the release of solid data. Financial companies posted an increase during the period April to December by 34%. In Hong Kong, Lenovo Group, which is listed as the world's largest manufacturers of personal computers, gain 0.2% after releasing results that were above the third quarter due to increased sales growth. Not all of them positive earnings reports, video game companies Nintendo posted losses 4.5% in Osaka after posting earnings that declined and cut growth outlook. U.S. economic data including fourth-quarter GDP showed a decline of 0.1%, missing expectations of a rise of 1.0%. Still from the U.S., the central bank sets interest rates unchanged and repeated its commitment to purchase bonds.

In Asia, Japan's industrial output showed an increase of 2.5% per month for the month of December, the number was below expectations increase of 4.0%. The Nikkei fell 0.7% after moving in and out of negative territory in early trade Asian markets. In China, mix performing stocks before the release of manufacturing data on Friday (01/02). Hong Kong's Hang Seng Index fell 0.5%, while the Shanghai Composite moved flat. South Korea's Kospi dropped 0.2%, while the S & P / ASX 200 fell 0.4% Australia.

Aussie Touch 1:04: Continued Support In 1.0385

Aussie who has undergone correction down from 1:04 in the previous U.S. session, met with aggressive selling in the 1.0430 figure, which caused prices fell by more than 30 pips in a few hours. The sell is happening in the short-term movement chart, has penetrated the area 1.04, showing a further fall with the possibility of further sell off in the number 1.0385, the low January 28, ahead of the 1.0350 figure, a lower level. In order to increase the movement of a small potential increase may be seen in the 1.0410-1.0420 area. Protection area will be an increase in the number 1430.

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