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."

ECB Decision Euro relief

ECB Decision Euro relief. The euro appreciated to a 1-week highs vs the U.S. dollar after the ECB is not signaling the existence of interest rate cuts in the future. The ECB also kept its benchmark rate unchanged at 0.75%. The euro was also boosted by Spanish debt auction, which reap strong demand and punched the 10-year bond yield down to 10-month lows. The euro also soared to its strongest level versus the yen 18-month and 1-month highs against the Swiss franc. "Most market participants, including I, previously predicted if the ECB would imply lower interest rates on loans," said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington. "But in fact it did not happen, leading to a strong buy signal for the Euro."

George Fed: Interest Rates Low Could Trigger Inflation Surge

President of the Federal Reserve Bank of Kansas City, Esther George said that the record stimulus the central bank may be able to trigger the risk of financial instability and a surge in inflation. A good friend of my heart. "A prolonged period of zero percent interest rates can substantially increase the risk of future financial imbalances and would impede the Fed's inflation target of 2 percent, George said today in a speech in Kansas City, Missouri. George said that he was concerned about the high level of asset purchases would "almost certainly increase the risk of an exit strategy FOMC complex" because bonds must eventually be sold. "Like everyone else, I was concerned about the high rate of unemployment, but I recognize that monetary policy contributed to the imbalances and financial instability, could easily exacerbate the unemployment rate as well as the level of repairs, said George to the Central Exchange.


Aussie catapulted China Trade Data

The Australian dollar surged to a 3-week versus the greenback after data showed China's imports rose to a record high. China's exports grew 14.1% in December, while imports rose 6%. That left a trade surplus of $ 31.6 billion. In a separate, data development approvals in Australia able to record a rise in the 3rd in 4 months in November, as lower interest rates encourage growth plan apartment projects. "China data, both imports and exports, has managed to surprise a lot of people," said Mike Jones, currency strategist at Bank of New Zealand in Wellington. "And it has added to investor optimism the economy will rebound in China, so that pushing the Aussie dollar to move higher."

Sterling Recovers After BoE policy meeting

Pound rebounded against the U.S. dollar after the Bank of England kept its monetary policy unchanged. BoE to maintain its key rate at a record low of 0.5% and raised its bond purchases from current levels, £ 375 billion. On the other hand, consumer spending and a stagnant British output still weak growth implies spare capacity in the economy. So keep expectations of further monetary easing in the coming months. Meanwhile, chief market economist at National Australia Bank, Tom VOSA, argues that despite the decline in output will increase expectations of further QE, the decision to expand its asset purchases likely will be launched after Mark Carney took over as the Governor of the BoE on July 1.

Look forward to the results of the ECB, Euro Near 1.3050

Look forward to the results of the ECB, Euro Near 1.3050. FOREX FUNDAMENTAL ANALYSIS TODAY

• USDCHF: Bearish Signal Observed Lightweight, Watch range 0.9234 - 0.9074
• USD / CHF: Trend Down, Current range at 0.9232 - 0.9252
• EUR / USD: Bullish Trend Current, Resistance range at 1.3062 - 1.3091
• USDCHF: Movement Still Samar, Watch range 0.9200 - 0.9272
• 1.3000 and MA200 Support Important Euro

The euro is still in choppy movement with a negative bias as traders await the results of the ECB meeting and press conference in the European session. "For a while, the hourly chart shows price still stuck below the 20 SMA and the 23.6% retracement for the latest daily fall, both near 1.3070 and the resistance level is nearby, while some indicators are still in the neutral zone," explained Valeria Bednarik. Bednarik was again continued: "Although lack support for continuing fall in the near future, as long as the price remained below 1.3110, rettacement 38.2% for the same rally". Currently, the euro held near daily range at 1.3050, 10 pips near yesterday's close. Currently Euro stands at 1.3048, with bearish signals are monitored daily movements will still haunt the single currency.


KOSPI Opens Stronger Thin; Rally KEPCO

South Korean shares opened slightly higher Thursday, following the strengthening of the U.S. stock market while strengthening vigilance will still be limited by market-related earnings reporting season. Shares of Korea Electric Power Corp. (KEPCO) moved up more than 3% after the government there said it would raise electricity rates by 4% on average, starting next week to help the company cover the loss. Korea composite stock price index (KOSPI) rose 0.24% to 1,996.54.

Nikkei Gains At Sector Exporters Positive

Japan's Nikkei stock index drove back Thursday as weaker yen carry sector exporters rose as the weakening yen, which has rallied in the past two months related to expectations that the central bank will ease monetary policy on a large scale. Nikkei moved up 0.7% to 10,652.84 in the trade that took place, bringing the index to the overbought area. RSI index survive at 75.8, above the area 70 where the index is in overbought area and often indicates that the market may experience a correction in the short term. Shares of exporters, which has been hit by a strong yen and competition from South Korean companies, which is taken by the depreciation of the Yen in 2 months.


Ahead of ECB Meeting, gold corrected

Gold prices moved down on Thursday, pressured by technical resistance level of significance, as investors await interest rate decisions by the European Central Bank rate decision relevant today. Spot gold moved down by 0.1% to $ 1,655.50 an ounce, below the level of resistance in the number MA-200 Days in the $ 1,661.05.

U.S. gold futures barely any movement in the $ 1,655.40.

Investors are watching the meeting of the European Central Bank today. The central bank is expected to hold interest rates, but economists still have a chance differences will cut interest rates in recent months as the poor economic outlook.


Aussie hampered Negative Economic Data

Ahead of China data due to be released tomorrow (11/01), the Australian currency exchange rate movements have remained in the range of 1.0500 in early trade Asian markets. Aussie could penetrate 1.0530 level yesterday evening. Building approvals data released this morning, rising only 2.9% for the month of November compared with analysts' expectations increase of 4.0%. Data are not capable of appreciating Aussie. Valeria Bednarik, chief analyst at FXstreet.com, noting though the exchange rate moves one hour indicator is neutral in the currency is likely to continue the bullish pressure. Target strengthening Aussie at 1.0525 with support at the 1.0490 level. Bearish signal can be used as an opportunity to make a purchase.

Stronger U.S. Oil Contracts: Seaway Pipeline Into Focus

COMMODITY ANALYSIS TODAY

• CPO: Saturated Stalking Correction, Potential Bearish Enduring
• Beware Sell Gold Under Pressure Support 1621
• CPO: GMMA and MACD Agreed Up, Stochasctics Come up Sinyak Correction
• Beware of Action Profit-Taking Oil
• Gold Pricing Up When Translucent 1690

U.S. crude oil futures contract moved up in early trading session on Tuesday after last ride in New York when the market focused on the completion of the project U.S. oil pipeline completion at the weekend. Continued oil pipeline project which is used to deliver 400,000 barrels per day from the previous 150,000 barrels per day should help reduce the oil spill in Cushing, Oklahoma.

Crude oil for February rose 7 cents to $ 93.26 a barrel.

Brent crude oil contract closed at rate $ 111.40 per barrel in London yesterday. A Reuters technical analyst showed that U.S. crude oil prices will test the back area of ​​resistance in the range of $ 93.89 - $ 94.17 per barrel, the penetration rates that may open opportunities to $ 95.37. Brent crude oil contract will last neutral if prices continue to be in the range of $ 110.50 - $ 112.41 per barrel, said a Reuters technical analyst.

Speculation ECB weakening Euro

The euro weakened to the level of 3-week low against the dollar on speculation the European Central Bank will be signaling its readiness to cut interest rates at this week's meeting. The euro weakened against most major currencies after data showed the inflation rate in the euro zone manufacturers slowed more than economists forecast in November. "The ECB meeting this week will be the focus," said Jane Foley, senior currency strategically at Rabobank International in London. "If the speculation the ECB cut interest rates by developing it can hit the euro against the dollar."

Kospi fell Related prospects 'Earnings'

Kospi Index - South Korea appears to continue the decline in trading Tuesday (8/1) because investors worried about the outlook for corporate earnings after a number of U.S. equities weakened on the eve of the financial statements. Expectations are rife these days is that the report 'earnings' this time it's going to need a hard struggle to meet expectations. Markets were also facing the prospect of the U.S. deficit debate that has been shrinking market confidence as the practical limitations of the U.S. debt ceiling has been reached.

Giant Samsung Electronics Inc.. recorded dropped to 1.1% after it reported the largest technology manufacturers 4th quarter operating profit by 8.8 trillion Korean won, and revenue of 56.7 trillion won, in which the general rate according to analysts' estimates.

Various Asset Risk Tumbles, Dollar Rising Post Comment Senate Reid

Various Asset Risk Tumbles, Dollar Rising Post Comment Senate Reid. FOREX ANALYSIS TODAY.

USDCHF: Still Bearish Signal, Support range at 0.9047 - 0.8921
NZD / USD: Bearish Signals Appear, Watch 0.8190 - 0.8153
GBP / USD: Bullish Opportunity Appears If, Amati Resistance range 1.6189 - 1.6233
Trying Translucent 1.3220 Euro Area
EURJPY: Bullish Signals Survive, Say Other Stochastic

Senate majority leader, Harry Reid signaled that the U.S. seems to be heading the fiscal cliff trigger weakening various U.S. stock exchanges and boost the performance of the U.S. Dollar. Strengthening was shown by EURUSD, GBPUSD and USDJPY also began to lose momentum as profit-taking investors who already continue discounting the resolution to avoid the U.S. fiscal gap. Pressure on policy makers U.S. also increased after the U.S. treasury secretary, Timothy Geithner since the congress that the U.S. government will touch the ceiling of the loan on December 31 that the Department of Treasury must find an additional $ 200 billion in order to provide room for the congress for 2 months before deciding to hike the debt ceiling.

U.S. Home Sales Rise

Monetary easing the Federal Reserve seems to have managed to help improve the condition of the U.S. housing sector. It can be seen from the increased sales of homes (new version of the home) as much as 377 000 units for the month of November; better than the revised 361,000 units the previous publication. However, it is still lower than the estimated 378,000 units. Dow Jones industrial futures are down 10 points after the data was released. Dow is now trading 13 040, try to avoid high levels of daily 13 075.

ECB Will not Loosen Terms OMT

The central bank will implement a requirement for any country that wants to enable OMT bond purchase program, according to ECB officials Luc Coene. "Countries that want the ECB to intervene in bond markets to face the consequences," said the ECB's Coene, who also serves as the Belgian central bank governor.

"If we do not apply the requirement then the ECB may lose credibility and this can complicate things. Central banks can not solve the problem of government debt. Central bank can only give more time for the government to carry out economic reforms in order to resolve the debt," said ECB's Coene when interviewed by the magazine Trends. The ECB has uttered OMT program requirements may include the activation of economic reform policies and the achievement of the deficit targets. Meanwhile, the euro rose on the London session. EUR / USD is now trading 1.3274, the daily high near 1.3283 level.

Reduced U.S. Consumer Optimism

Rampant concerns about the impact of the fiscal gap on the U.S. economy seems to have reduced U.S. consumer optimism. It can be seen from the decline in the confidence index consumerism to the 65.1 level for the month of December. It's worse than predicted 70.0 and 71.5 revised November publication. Dow futures fell after the data was released. Dow is now trading 12980, avoid high levels of daily 13 075.

U.S. politicians are still negotiating to find the best solution to address the U.S. fiscal gap. If U.S. politicians fail to find a solution before the close of the year then the U.S. should be prepared to face tax increases and cuts in government spending can certainly reduce the purchasing power of consumers.