Fundamental analysis - May 18, 2010

European Session

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15:30 pm --- --- England --- CPI inflation rate in the UK continue to rise past the UK government targets, but Mervyn King repeatedly assured that inflation remains under control. Increased to 3.5% predicted would happen and would force Governor Mervyn King issued a statement about British inflation.

15:30 pm --- --- England --- RPI Retail Price Index also moved up to around 4.4% last month, and today predicted there will be another increase. BoE Governor, Mervyn King, will start to reveal his strategy seems to bring down inflation if there is an increase further.

UK BoE Inflation Letter --- --- Governor Mervyn King will give his opinion about inflation, followed by the possibilities of monetary policy will be applied. Optimistic statement that will benefit the GBP.

16:00 pm --- --- Europe --- Germany ZEW Economic Sentiment German investor optimism rose sharply last month, but today is predicted to be corrected from 53.0 to 47.1. If released under the prediction, will increasingly burden the Euro.

16:00 pm --- --- Europe --- CPI, CPI Figures for Europe are relatively the same as predicted last month in the range of 1.4%. Even if there is an increase, analysts predict will still be around 1.4% to 1.5%. If released on the prediction, will benefit the euro.

American session

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19:30 pm --- Canada --- --- Foreign Security Purchases These data indicate that the investment products purchased by foreign investors, an increasingly large number of predictions will benefit CAD.

19:30 pm --- --- United States --- Building Permits Permit new building is relatively the same as predicted last month. If released on a USD 680 000 will be profitable, as it shows increasing optimism in the property sector.

19:30 pm --- --- United States --- PPI of producer price of goods sold is likely to remain or are predicted to increase 0.1%, just thin. When released in the above predictions, it would be advantageous USD.

19:30 pm --- America --- --- Total Housing Starts new buildings that began construction last month is predicted to increase to 660 000. If released on the prediction will be good for the USD, as more and give a positive signal for the property sector which is one reason the final crisis of 2008 ago.

--- 23:20 pm --- American Speech Fed President Sandra Pianalto --- Cleveland will bring a speech titled "Forecasting in Uncertain Times" at the Economic Club, Pittsburgh. Optimistic statement that will provide support for the USD.

Written by surabayaforex.com