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littlefairy / Upcoming

Crude Oil Extends Slump to Sixth Day on Demand-Drop Concern

Crude oil fell for a sixth day in New York, extending yesterday’s 7.9 percent slump on concern OPEC output cuts won’t be enough to counter weaker dem[...] read more »
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Canada Lost 34,400 Jobs in December, Unemployment Rose to 6.6%

Canadian employment fell by almost twice as much as expected in December, led by construction, more evidence that the world's eighth-biggest economy[...] read more »
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Euro Zone Jobless Rate Rises to 7.8% as Expected in Nov

The euro zone jobless rate rose as expected to 7.8% in November from 7.7% previously, Eurostat reported on Thursday. read more »
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Australian Building Approvals Fall 12.8% on Slowdown

Australian home-building approvals fell in November for a fifth month, a sign the most aggressive round of central bank interest-rate reductions sinc[...] read more »
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German Unemployment Records First Increase In Almost 3 Years

Bringing to an end long period of monthly declines in the number of jobless, Germany's unemployment rose for the first time in almost three years in[...] read more »
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Crude Rallies as Gold Sells Off

Commodities are mixed on Monday morning, with metals selling off and energy prices modestly rallying. read more »
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Manufacturing, Home Prices Probably Sank

Manufacturing in the U.S. probably shrank at the fastest pace since 1980 as the deepening global recession forced customers in North America, Europe [...] read more »
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Holiday Spending Down 8 Percent Amid Bad Weather And A Worse Economy

Retailers had an exceptionally slow holiday season, as consumers chose to save their money rather than spend on presents. read more »
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Japan drafts record budget to revive economy

Japan drafted a record 88.55 trillion yen (1.01 trillion dollar) budget for fiscal year 2009 in a bid to revive Asia's biggest economy, which is sli[...] read more »
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Pick of the Day: EUR/USD

Well, I must be a glutton for punishment because here I am looking to short EUR/USD one more time! I'm sticking to my guns on my EUR/USD analysis as[...] read more »
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Euro as new safe haven currency?

Euro continues to be the big winner against the dollar lately. Next key Fib retracement resistance daily comes in near 13600-level. read more »
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U.S. Economy Heads for Deep, Long Recession as Job Losses Mount

The U.S. economy may be headed for its deepest and longest recession since World War II as mounting job losses take their toll on consumer confidence[...] read more »
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ECB Delivers Biggest Rate Cut Ever as Economy Slumps

The European Central Bank cut interest rates by three quarters of a percentage point, the biggest reduction in its 10-year history, as the economic s[...] read more »
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We know it's never easy and there is no Holy Grail. But...

…we are big believers that after following the chain of price action, sooner or later, it all comes back in some way to the rate of interest. Intere[...] read more »
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That Day is Finally Here

Some of us might have been waiting for this day longer than others. Some of us may have been clamoring for it, while some of us may have been dreadin[...] read more »
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