Fundamental Analysis - October 5, 2011

European session

____________

15:00 GMT - Europe - Current Account - import export deficit in Europe today is predicted to decline 10.4 billion euros. If released more than predicted it will support the euro.

15:30 pm - UK - PMI Services-Last month, the UK PMI data released 51.1. The data this time to predict the level of 50.6. If the data released in the above estimates it will benefit the GBP.

15:30 - England - Final GDP - Changes in the value of goods and services reached 0.2%. Data released last month by 0.5%. If the data this month is better than that level it will support the USD.

16:00 GMT - Europe-Retail Sales - Change in value of total retail sales level is expected to decline 0.2%. If the data released over the prediction it will be good for the Euro.

American session

____________

19:15 pm - America - ADP Non-Farm Employment Change - The number of recorded 91,000 workers last month released under predictions. This month, the amount of increase in employment is predicted to reach 76,000. If released the better it will benefit the USD.

21:00 pm - U.S. - ISM Non-Manufacturing PMI - In the past month, the ISM data was released above the 53.3 forecast. The survey results this month predicted in the range of 53.0. If released better than predicted, will support the USD.

21:30 - America - Crude Oil Inventories - Change the number of predicted crude oil stocks increased by 1 Million Dollars. This condition affects the price of oil products and industrial sectors that use oil in their products generate.

Posted in: Analisis Fundamental,forex