By FXEmpire.com
Analysis and Recommendations:
The EUR/CHF remains locked in the same range, closing the week at 1.2010. The euro did perk up a bit today to push for a minute or two as German CPI data was reported better than expected. Otherwise this pair paid no attention to global politics and economics.
Perhaps next week when Greece is sorted and we have a better handle on Spain and banking, with a good deal of eco data due early in the week, this pair might come to life.
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Economic Data Released May 11, 2012 actual v. forecast
|
GBP |
Nationwide Consumer Confidence |
44 |
52 |
53 |
|
CNY |
Chinese CPI (YoY) |
3.4% |
3.3% |
3.6% |
|
CNY |
Chinese PPI (YoY) |
-0.7% |
-0.5% |
-0.3% |
|
CNY |
Chinese CPI (MoM) |
-0.1% |
-0.2% |
0.2% |
|
CNY |
Chinese Fixed Asset Investment (YoY) |
20.2% |
20.5% |
20.9% |
|
CNY |
Chinese Industrial Production (YoY) |
9.3% |
12.0% |
11.9% |
|
CNY |
Chinese Retail Sales (YoY) |
14.1% |
15.2% |
15.2% |
|
EUR |
German CPI (MoM) |
0.2% |
0.1% |
0.1% |
|
EUR |
German CPI (YoY) |
2.1% |
2.0% |
2.0% |
|
GBP |
PPI Input (MoM) |
-1.5% |
-1.0% |
1.7% |
|
GBP |
PPI Input (YoY) |
1.2% |
1.9% |
5.6% |
|
EUR |
Portuguese CPI (MoM) |
0.30% |
1.20% |
|
|
USD |
Core PPI (MoM) |
0.2% |
0.2% |
0.3% |
|
Employment Change |
58.2K |
7.0K |
82.3K |
|
|
USD |
PPI (MoM) |
-0.2% |
0.0% |
0.0% |
|
CAD |
Unemployment Rate |
7.3% |
7.0% |
7.2% |
|
USD |
PPI (YoY) |
1.9% |
2.1% |
2.8% |
|
USD |
Core PPI (YoY) |
2.7% |
2.8% |
2.9% |
|
USD |
Michigan Consumer Sentiment |
77.8 |
76.2 |
76.4 |
Upcoming Economic Events that affect the CHF, EUR, GBP and USD
|
May 14 |
07:00 |
EUR |
Finnish CPI (YoY) |
2.90% |
|
08:15 |
CHF |
PPI (MoM) |
0.3% |
|
|
08:30 |
EUR |
Dutch Retail Sales (YoY) |
0.90% |
|
|
10:00 |
EUR |
Industrial Production (MoM) |
-0.2% |
0.5% |
|
May 15 |
06:30 |
EUR |
French CPI (MoM) |
0.8% |
|
07:45 |
EUR |
French Non-Farm Payrolls (QoQ) |
-0.1% |
|
|
09:30 |
GBP |
Trade Balance |
-8.8B |
|
|
May 16 |
09:30 |
GBP |
Average Earnings Index +Bonus |
1.1% |
|
09:30 |
GBP |
Claimant Count Change |
3.6K |
|
|
10:00 |
EUR |
CPI (YoY) |
2.6% |
2.6% |
|
10:00 |
EUR |
Core CPI (YoY) |
1.6% |
|
|
11:00 |
EUR |
Portuguese Unemployment Rate |
14.00% |
Government Bond Auctions (this week)
Date Time Country
May 14 08:30 Spain
May 14 09:10 Italy
May 14 09:10 Slovakia
May 14 09:10 Norway
May 14 09:30 Germany
May 14 10:00 Norway
May 15 09:30 Belgium
May 15 09:30 UK
May 16 08:50 France
May 16 09:10 Sweden
May 16 09:30 Germany
May 16 09:50 France
May 16 14:30 Sweden
May 17 08:30 Spain
May 17 15:00 US
May 17 17:00 US
Originally posted here
