By FXEmpire.com
Analysis and Recommendations:
Silver is down following on the heels of gold trading at 26.828. The metals pack including precious and industrial metals were down in today’s session with the exception of copper, which after a huge fall earlier in the week was able to hold pretty close to even.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Economic Releases for June 26, 2012 actual v. forecast
|
Date |
Currency |
Event |
Actual |
Forecast |
Previous |
||
|
Jun. 27 |
EUR |
German Import Price Index (MoM) |
-0.7% |
-0.7% |
-0.5% |
||
|
EUR |
Spanish Retail Sales (YoY) |
-4.9% |
-8.2% |
-10.0% |
|||
|
EUR |
Italian Business Confidence |
88.9 |
85.5 |
86.6 |
|||
|
NOK |
Norwegian Unemployment Rate |
3.00% |
3.00% |
3.00% |
|||
|
GBP |
BBA Mortgage Approvals |
30.2K |
32.8K |
32.1K |
|||
|
EUR |
Italian 6-Month BOT Auction |
2.957% |
2.104% |
||||
|
GBP |
CBI Distributive Trades Survey |
42 |
10 |
21 |
|||
|
USD |
MBA Mortgage Applications |
-7.1% |
-0.8% |
||||
|
EUR |
German CPI (MoM) |
-0.1% |
0.0% |
-0.2% |
|||
|
EUR |
German CPI (YoY) |
1.7% |
1.8% |
1.9% |
|||
|
USD |
Core Durable Goods Orders (MoM) |
0.4% |
0.7% |
-0.6% |
|||
|
USD |
Durable Goods Orders (MoM) |
1.1% |
0.4% |
-0.2% |
|||
Upcoming Economic Events that affect the CHF, EUR, GBP and USD
|
Date |
Time |
Currency |
Event |
Previous |
|
Jun 28 |
7:55 |
EUR |
0K |
|
|
8:30 |
GBP |
-8.5B |
||
|
8:30 |
GBP |
|||
|
8:30 |
GBP |
-0.3% |
||
|
12:30 |
USD |
|||
|
12:30 |
USD |
1.9% |
||
|
23:01 |
GBP |
-29 |
||
|
Jun 29 |
29th-4th |
EUR |
0.6% |
|
|
6:45 |
EUR |
0.6% |
||
|
7:00 |
CHF |
0.81 |
||
|
8:00 |
EUR |
2.5% |
||
|
9:00 |
EUR |
2.4% |
||
|
12:30 |
USD |
0.1% |
||
|
12:30 |
USD |
0.3% |
||
|
13:45 |
USD |
52.7 |
||
|
13:55 |
USD |
74.1 |
Upcoming Government Bond Auctions
Date Time Country
Jun 28 09:10 Italy
Jun 28 17:00 US
Click here for further Silver Forecast.
Originally posted here
