Fundamental analysis - May 13, 2010

European Session

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15:00 pm --- Europe --- --- Evaluation of the ECB Monthly Bulletin, a monthly ECB will give Europe's economic situation, the prediction rate and also the possibility of future economic policy. An optimistic outlook will benefit the euro.

15:30 pm UK --- --- --- Trade Balance UK last month's trade deficit shrank significantly to -6.2 billion GBP, this month is predicted to be released in relatively equal numbers of about -6.5 billion GBP. If released to shrink compared to last month, will be very good for the GBP.

American session

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19:30 pm --- --- America --- The number of unemployment claims Unemployment Claims is expected to return decreased to 440 000. If released under the numbers will be beneficial to USD.

19:30 pm --- --- United States --- Import Prices of imported goods prices in the U.S. increased 0.7% last month and today's report is expected to show an increase again by 0.8%. Better data will benefit from the prediction of CAD.

20:00 pm --- America --- --- Speech Donald Kohn's speech will be delivered at a panel discussion titled "Monetary Policy and Lender of Last Resort" at the Centre for Monetary and Financial Economics Conference, Ottawa.

23:30 pm --- --- America --- the President's speech Bernannke Fed, Ben Bernanke, will speak at the Federal Reserve's Conference, in Philadelphia. Optimistic statement that will provide support for the USD.

1:00 pm --- Canada --- --- Speech Pierre Duguay Deputy Governor of the Bank of Canada will follow the panel discussion at Carleton University, Ottawa. An optimistic statement about Canada's economy will be better for CAD.

Written by surabayaforex.com