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- Friday, 16 October 2009 11:51:38 GMT Canada CPI Declines for 4th Month; Swiss Retail Sales Shed 1.0%
- Thursday, 15 October 2009 11:24:45 GMT Euro-Zone CPI Falls 0.3%; Swiss Investor Confidence Jumps to Record High
- Wednesday, 14 October 2009 11:26:50 GMT European Industrial Output Rises, Reinforcing Recovery Signs
- Tuesday, 13 October 2009 11:38:08 GMT German Investor Confidece Unexpectedly Declines
- Friday, 09 October 2009 12:57:26 GMT Canadian Unemployment Unexpectedly Falls to 8.4%
- Thursday, 08 October 2009 12:01:25 GMT ECB Leaves Rates Unchanged Despite Recovery Signs
- Wednesday, 07 October 2009 12:02:35 GMT German Factory Orders Show Continued Strength, EZ GDP Revised Lower
- Tuesday, 06 October 2009 12:25:47 GMT A Sharp Drop In U.K. Manufacturing Activity May Lead To Additional BoE Measures
- Monday, 05 October 2009 12:08:26 GMT Rising European Investopr Confidence Threatened By Declining Domestic Consumption
- Friday, 02 October 2009 11:51:19 GMT Rising Euro-Zone Producer Prices Reinforces ECB's Outlook
- Thursday, 01 October 2009 12:54:11 GMT Weak U.K. Manufacturing and German Retail Sales Cast Doubt On Global Recovery
- Wednesday, 30 September 2009 12:09:54 GMT ECB To Remain On Hold After Mixed Data
- Tuesday, 29 September 2009 12:05:11 GMT U.K. Recession Shallower Than Expected But Tight Credit Threatens Recovery
- Friday, 25 September 2009 12:30:43 GMT Swiss Growth Outlook Dims Despite Improvement From Euro-Zone
- Thursday, 24 September 2009 12:12:39 GMT Equities, Oil Lower Despite Rise in German Business Confidence
- Wednesday, 23 September 2009 12:26:50 GMT Euro-Zone Recovery Signs Continue As Durable Goods Soar
- Tuesday, 22 September 2009 12:07:42 GMT Higher Growth Forecasts In Switzerland and Asia Boost Demand For Risky Assets
- Monday, 21 September 2009 11:53:24 GMT U.K. Home Prices Rise As Demand Fueled By Recovery
- Friday, 18 September 2009 12:16:11 GMT U.K. Public Borrowing Jumps As Tax Receipts Falter
- Thursday, 17 September 2009 12:24:28 GMT Canadian Inflation Misses, SNB Keeps Rates On Hold
Fundamental Headlines
• GM in Last Lap to Chapter 11 – Wall Street Journal
• Fed Holds Steady as Rates Rise in Market – Wall Street Journal
• Fiat pulls out of Opel talks– Financial Times
• Bernanke's Bid to Revive U.S. Housing Scuttled by Climbing Rates, Defaults – Bloomberg
• Indian Expansion, Rise in Japan Production Add to Signs Worst May Be Over – Bloomberg
EURUSD – German retail sales in April increased for the first time in four months by 0.5% after a 0.4% decline the month prior. Warmer weather and the Easter holiday helped drive demand which could make this month’s figures misleading. Meanwhile. the Euro-Zone CPI-Estimate fell to 0.0% which was the lowest on record as slowing growth continues to force producers to lower their costs. Deflation concerns remain for the region but ECB officials don’t appear to concerned despite acknowledging that inflation will remain below their 2% target for sometime. Discuss the topic and your trade ideas in the EUR/USD Forum.
GBPUSD – Nationwide LLC reported that home prices jumped 1.2% in May as thawing credit markets have started to fuel demand. The worst houses downturn since the Great Depression has helped drag the economy into contraction and if we see the sector start to stabilize then the prospects for growth will brighten. However, consumer confidence remained flat at -27 according to the Gfk survey as the deterioration of the current situation is offsetting the increasing optimism of a recovery. For more news and resources, visit the Swiss Franc Currency Room.
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