Fundamental analysis - May 25, 2010

European Session

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13:00 pm --- --- Swiss UBS consumption indicator data --- This is a combination of several other indicators, including consumer spending, consumer confidence, tourism, automotive, and retail. If better than the data released last month amounted to CHF 1.71 will be profitable.

15:30 pm UK --- --- --- Revised GDP Figures for GDP is very important because it will provide the benchmark of economic activity in the UK today. Predicted figures were the same as before, namely equal to 0.3%. If the release is better, it will provide support for the GBP.

16:00 pm --- Europe --- --- Total Industrial New Orders in manufacturing-manufacturing orders in Europe rose 1.5% last month. This month, an increase of 2.2% is predicted to be listed, if released in the 2.2% it will be good for the Euros.

American session

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21:00 pm --- America --- --- CB Consumer Confidence data has increased significantly last month and this showed increased optimism of American society against current economic conditions. Today's data is also predicted to rise again to 59.1. If released in the above figures, it will benefit the U.S. dollar.

22:15 pm --- --- American Speech Fed President Bullard --- St. Louis, James Bullard, will bring a speech titled "The Road to Economic Recovery Following the Financial Crisis" at the European Economics and Financial Center, London.

Written by surabayaforex.com