5 Important Note Before the Open Market

5 Important Note Before the Open Market.

1. AUD under pressure against its rivals from the United States after the release of Chinese manufacturing data released under the estimates, although the impact has been reduced. Price movements for AUDJPY measured daily movements are seen moving average price touches high slowing since the end of last week, close to 1-year high.
2. Nikkei - Japan finally posted gains amid the correction that hit several Asian bourses in trading weekend. In general, the correction Hang Seng in this weekend besides due to disappointing Chinese manufacturing data, the decline is also due to be dragged down by the conditioned bearish technical indicators. South Korea's stock market index, the KOSPI, moving down as much as 0.6% at 1,950.96 points figure.
3. U.S. crude oil contracts held steady on Friday, strengthening early release, after China's manufacturing activity data released under estimated.
4. China's manufacturing activity expanded in January, but a slowdown from the previous month, according to a data released this Friday.
5. A trade union organizations in Boeing Co. plans to vote related demonstrations will be done in 2 week whether to approve the opposition in the company.

China Shares Start Strengthening

China's shares tracked higher in mid-day Friday (01/02). The major indices reversed losses earlier success thanks to the rising prices of banking stocks and oil producers. Although official data released China's manufacturing is lower than expectations, the domestic economic outlook is fairly bright. The Shanghai Composite Index rose 1.3% to 2415.54, while reversing the performance of the daily lows 2369.57. Now the main index faces resistance near 2450 level. "In January the official PMI data still indicate expansion and strengthening of the stock trigger. Market players are also optimistic about the outlook for corporate earnings reports this quarter," said Peng Yunliang, analyst at Shanghai Securities. The shares are actively traded today, among others, Bank of China (601988.SH), which rose 0.6% to CNY3.14. While AgBank (601288.SH) rose 2.0% to CNY3.14, PetroChina (601857.SH) rose 0.9% to CNY9.34 and Sinopec (600028.SH) rose 0.4% to 7.10. Shenzhen composite index rose 0.7% to 942.53.

Because Dreamliner, All Nippon Losing $ 15 Million

Discontinued operations Boeing 787 Dreamliner owned by All Nippon Airways (ANA) makes the airline from Japan's lost revenue to $ 15 billion. If the suspension continues, the amount of loss is predicted to be even greater. In early January, a JAL aircraft and electrical power problems so the government is forced to suspend operations Dreamliner his entire unit. This makes the company had to park while its planes until further notice. Operating losses that happened, the world's largest Dreamliner operator intends to seek compensation Boeing (NYSE: BA) as an aircraft manufacturer. Boeing has so far only party says it is ready to investigate and normalized operating 787 aircraft. The board of directors have not calculated the potential losses that will be experienced, but make sure that everything will calculate after all the cause of the damage is known. ANA itself forced to cancel 459 flights to date, with an estimated revenue loss of 1.4 billion yen. It is not yet clear when the Dreamliner aircraft could resume operations.

As life earning an airline, the aircraft's role is great because it helped determine the level of income. ANA Executive President, Kiyoshi Tonomoto, in a press conference said that did not want this problem to continue longer. "ANA struggled to regain confidence in the use of 787 and continue to work with Japanese and American authorities," he said. Ana is the largest airline by passenger numbers in Japan. The company operates 1000 flights each day to 233 aircraft. Despite its Dreamliner variant punished while, projected earnings for the fiscal year March 31 last unchanged. This problem only increased operating expenses that have previously been hard enough. Anti-Japanese sentiment in China to this region disrupt the country's interest in flying.

Regional Data Exchanges Mix China Post

Regional markets mixed after the release of data to move China's economy. The market digested China PMI data in March that were below expectations and the HSBC PMI figures exceeded expectations.

- Nikkei +0.5%
- S & P / ASX +0.9%
- HSI -0.3%
- Kospi -0.2%
- Taiex +0.1%
- Sensex -0.1%
- Shanghai Composite +0.5%
- STI +0.1%
- NZX-50 -0.2%.

In the forex market, the yen weakened to a low level a few years against other currencies. Concerns over U.S. fiscal problems affect exchange rates as well as the expectations for China's economic growth and risk sentiment sparked selling safe-haven currency. USD / JPY at 92.15 after hitting 92.27 (the highest level since June 2010) from 91.55 on Thursday night in New York. EUR / USD is at 1.3626 from 1.3580 and EUR / JPY at 125.52 from 124.32.

China manufacturing PMI figure fell to 50.4 in January from 50.6 in December and compared with market expectations of 51.0. Final HSBC manufacturing PMI rose to 52.3 in January from 51.5 in December, was at two-year high. Australia's manufacturing sector contracted for the 11th month in January, while the Industry Group Australian Performance of Manufacturing Index fell 1.4 points to 40.2 from December. South Korea in January CPI gain of 1.5% per year compared with 1.4% in the month of December and the expected rise of 1.6%. South Korea's export value soared 11.8% per year to $ 46,085 billion, imports rose 3.9% to $ 45,211 billion, with a trade surplus of $ 874 million.

The price of gold at $ 1664.00/ons. March Nymex crude oil futures contract rose 10 cents to $ 97.59/barrel.

Earn Nikkei Gain Due to Weakening Yen

Nikkei - Japan finally posted gains amid the correction that hit several Asian bourses trading in a weekend (Friday, 1/2). To this day, the main index Nikkei (N225) recorded reinforcement for 12 consecutive weeks and is the longest rally in the past 54 years. Nikkei surges nothing but thanks to the many interested investors and buy stocks that are sunny during earnings season this cal. Besides the attitude of market participants remain optimistic on weaker yen helped exporters make the line up. At the close of trading on Friday (1/2), the Nikkei index rose 0.5% recorded gains or achieve +52.68 at 11191.34 range, while the Nikkei index futures also gained +70 points at 11,165.

Session II Nikkei Survive in the Green Zone

Ending trading on Friday (1/2), the main index Nikkei - Japan (N225) closed up 0.5%, or achieve gains in the range 11191.34 +52.68, while the Nikkei index futures also gained +70 points at 11,165. Nikkei although today generally depressed, but is still able to move in positive territory thanks to the revival of investor optimism towards weakening the yen is expected to help exporters lines. Yen fell back sharply at the end of the week to the 92.09 level after the Japanese economic data today comes in below expectations. The income statement (earnings) also helped boost the Tokyo stock exchange. Recorded Softbank Corp stock. soared to 6% due to profit in October-December profit that records up to two times more than last year. Strong earnings results also make NEC Corp stock. jumped to 8.5%.

While Sharp Corp. bolted 5.1% after the Nikkei news report that strong smartphone revenues will lead the company noted the increase in operating profit during the quarter from October to December. For futures trading session (session futures contracts), the general sentiment Nikkei will still be constrained by economic fundamental data are less satisfactory. However, the index still recorded a positive number because it was helped by a weaker Yen. From the technical side, the Stochastic indicator of duration 1 hour bearish, helped weigh on Nikkei to strengthen further. So that when the Nikkei fell, this will take the index to support up to 11 045 11 100 11 150 later (23.6% retrace of Fibonacci).

While Moving Average and MACD per hour that still seems bullish, would give opportunities for the Nikkei to rally further to resistent 11 300 to 11 330 11 265 then.

Dollar Rise Since CPI Data Released

Dollar Rise Since CPI Data Released. The dollar and U.S. Treasury prices persist at high levels on Wednesday after a reported level of consumer inflation rose appropriate level economists' expectations. Furthermore, investors will await the Fed's Beige Book, which is a data summary of the economies of many regions and would typically be used in the central bank's monetary policy meeting next. Observed so far the U.S. dollar index edged up 0.04% at 79.86 level, after briefly to its lowest intraday highs at 79.66 and at 79.95 daily.

Technically, the U.S. dollar intraday bias to bullish, but it takes penetration consistently above 79.95 area to trigger further bullish momentum targeting the next resistance area at 80.15. On the bottom side, the nearest support level appears in the 79.65 area, fell again below the area can bring the price to a neutral zone but bullish scenario remains intact as long as the price stayed above its level double bottom at around 79.40.

Aussie Slips After Sentiment Data

The Australian dollar traded lower after the data showed consumer confidence moved only slightly from 2-month lows, highlighting concerns about the country's economic slowdown kangaroo. Australian consumer sentiment index released by Westpac Banking Corp. and the Melbourne Institute is only up 0.6% in January to 100.6 from 100.03 in the previous month. World Bank's decision to cut its global growth forecast for 2013 also helped to dampen demand for Aussie.

"Domestic data during the past week has not shown improvement, and it gave a little pressure on the Aussie," said Derek Mumford, director of Rochford Capital in Sydney. "Similarly, today (Wednesday), the data do not yet reflect the confidence of a recovery."

Renesas Ready to Cut Workforce

Renesas Electronics Corp. said Thursday that the company proposes to reduce further the discourse about 3,000 employees over to union workers to streamline the corporate structure. Renesas, which is the world's biggest supplier for chip micro controller, who said that previous cuts not yet up, but by trimming the workforce by the early retirement of its employees would be more appropriate. Workers over the age of 40 years in the company of the child and the parent will be asked to perform in the early retirement scheme.

Sharp Will Still denting Expansion In China

Sharp Corp. said Thursday that the decision was made to produce the television business lines in China is still not confirmed, following a media report which said that the company of Japan is planning to sell LCD television assembly in Nanjing to Lenovo Group Ltd. of China. Nikkei reported that Sharp and Lenovo will soon sign a memorandum of understanding this month, which the Japanese company will sell its television assembly operations unit, while unit R & D and sales will still form the joint venture.

Nikkei Gains Amid Weakening Asia

Asian stock markets mostly fell on Thursday's trading, while Japan's Nikkei increase most position, the related downfall of the Japanese currency at the day before. Among the Asian stock markets moved lower, the Hang Seng index of Hong Kong trading down 0.1% after the opening session with a rose, with the Shanghai index fell 0.8%, South Korea's KOSPI fell 0.3% and market Singapore, the Straits Times that move down. For the stock market moves up, the stock gained 0.2% after the Nikkei fell as much as 2.6% yesterday, while the Australian stock market, the S & P / ASX 200 rose 0.9% move.