ECB : Lending Private Sector Reduced on December

ECB : Lending Private Sector Reduced on December. Forex Trading Analysis Today :

• USDCHF: Bearish signal is likely to occur, Watch the range 0.9307 - 0.9398
• AUD / USD: Still Strong Bearish Pressure, Test Support At 1.0402
• EUR / USD: Bullish Signal Defense, Ready to Test 1.3478
• Euro Bullish, Heading To Around 1.3550
• Sterling Still Under Pressure

Loans to households and companies in the euro zone contracted for the eighth consecutive month in December as recession-hit level loan demand. Loans fatherly private sector fell 0.7% from a year earlier after declining to 0.8% in November, according to the European Central Bank in Frankfurt today. Loan rate fell to 0.2% monthly rate. 17th euro zone country is struggling to get out of a second recession in four years as the government of Greece and Spain face spending cuts to reduce the excessive deficit. There are a number sinyak that the economic will recover soon, the level of economic confidence improved for a second month in December, with an increase in the stock market and bond yields fell, and the ECB will pay worth 137.2 billion euros (184.4 billion dollars) in emergency loans next week, more than economists forecast and the 2 years prior to maturity.

Yen Recovers From Level 2 ½ Year Low

Yen rally back from its weakest level in 2 ½ years as traders reduce bearish positions and technical indicators signaling a weaker yen lately may have been exaggerated. The dollar rose against most major currencies ahead of the data durable good orders are expected to show an increase, reinforcing signs of recovery in the U.S. ahead of a Federal Reserve meeting that starts tomorrow. Euro at near its strongest level in 11 months ahead of the predicted German consumer sentiment will improve. "Dollar-yen exposure correction down after rising in recent years," said Masakazu Sato, counsel currency on Gaitame Online Co. in Tokyo "While the long-term trend for a weaker yen still has not changed, despite the weakening of the current levels will be slow."

Toyota Recall Automobile Sales Domination

Toyota Motors regained its spot as the automaker with the level of sales in the world in 2012, a record high level of sales and beat the rival companies are General Motors and Volkswagen. Toyota on Monday said the group has sold 97 million vehicles worldwide last year, a record high and increased by 22.6% from a year ago. These results are in accordance with the company's forecast in December, and return it to the place no. 1 In the past few sufferers 2011 when stressed by a number of negative publicity after the recall crisis of his unit in the U.S., and the supply chain disruption caused by the earthquake in Japan and floods in Thailand. Toyota holds a majority of global sales from 2008 to 2010, but fell to third place in the GM and Volkswagen in 2011.

Oil Still Supported Economic Outlook

COMMODITY ANALYSIS TODAY

• Gold Weakens As Risk Appetite, Support Essential 1655
• CPO: Bearish signal triggered, Guard Support range at RM2427 - 2376
• Gold Distressed Risk Appetie, 1663 Important Support
• Beware of Petroleum Profit-Taking
• Consolidated Gold, View Still Bullish

Oil traded near the highest level in four months after scoring the longest weekly rally since April 2009, lifted by speculation that the global economic recovery will drive demand for the fuel level. China's industrial profits rose for the fourth month in December, according to the National Bureau of Statistics in Beijing yesterday. U.S. government report today is expected to show a rise in the number of durable goods orders and pending home sales last month. "We can be a bit optimistic about the economic recovery, and certainly in China and the U.S.," said Ken Hasegawa, energy trading manager at Newedge Group in Tokyo who said WTI will rise to $ 100 per barrel this week. "Trend is bullish oil market."

U.S. Budget Deficit In December Amounting to $ 260 Million

U.S. Budget Deficit In December Amounting to $ 260 Million. The U.S. government had a budget deficit of $ 260 million in December, the Treasury Department reported on Friday, this is the best outcome for the last month in the last five years. The small difference in the monthly budget, including rare but this incident has never happened before: the U.S. government in the last two months of the current fiscal year experienced foreign trade surplus which amounted to $ 1.09 trillion. For the fiscal year to date, the deficit amounted to $ 292 million, down 9% compared to the first 3-months of the previous fiscal year.

Wall Street Ends Flat, Investors Wait for Earnings Results

U.S. stocks ended almost no change on Friday as investors took a step back from buying ahead of earnings reports next week. Overall earnings are expected to grow about 1.9 percent this season, according to Thomson Reuters data. Analysts said that with the least hindrance, there is room for the company to beat expectations, and that may have contributed to the rise in the stock market so far in 2013. "The market is waiting for a catalyst more than earnings," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.

Fed's Plosser Try Recover Dollar

Try reducing the dollar weakened after the Fed's Plosser express disapproval over bond-purchase program run by the Federal Reserve. Plosser also express the desire for the Fed to tighten monetary policy sooner than it should for fear of the threat of inflation. The dollar index is now trading 79 570, try away from daily lows 79,440 "I'm not one of the supporters of bond buying program. Program does not have a significant impact on improving the condition of the U.S. workforce. I want to stop the Fed's bond-buying program," said President of the Federal Reserve of Philadelphia. "Loose monetary policy adopted Fed could hurt the economic recovery. Easing only complicates the process of deleveraging and can not eliminate the uncertainty of the business world."