October 3, 2012
- in Uncategorized by schooloftrade
ADP Employment Report, Crude Oil Inventories, Professional Trader Prep
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The James’ Report: Day Trading Strategies for Professional Traders
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News from Europe & Asia for US Morning Session:
– AUD continues to be weighed down by worsening economic fundamentals
– Australia’s 10-year bond yield hits lows not seen since late July on RBA cut and weaker than expected trade data
– Spain’s PM Rajoy continues to play down bailout speculation, as Moody’s continues to assess the country’s sovereign rating.
– Peripheral bond markets trade in quiet manner, ahead of Thursday’s ECB meeting; CDS widen
– EUR/USD continues to respect the $1.28-1.30 range
-The major European services PMIs miss expectations
-UK Services PMI expands in Sept, raising hopes that the economy grew in Q3
-Italian FTSE MIB outperforms on better than expected services PMI data
– Italian bonds outperform as debt agency officials foreign interest in the country is rising
-Portuguese 1-yr bonds yields move sharply lower, ahead of debt exchange
– Australia’s 10-year bond yield hits lows not seen since late July on RBA cut and weaker than expected trade data
– Spain’s PM Rajoy continues to play down bailout speculation, as Moody’s continues to assess the country’s sovereign rating.
– Peripheral bond markets trade in quiet manner, ahead of Thursday’s ECB meeting; CDS widen
– EUR/USD continues to respect the $1.28-1.30 range
-The major European services PMIs miss expectations
-UK Services PMI expands in Sept, raising hopes that the economy grew in Q3
-Italian FTSE MIB outperforms on better than expected services PMI data
– Italian bonds outperform as debt agency officials foreign interest in the country is rising
-Portuguese 1-yr bonds yields move sharply lower, ahead of debt exchange
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