International Business Times

Crude Oil Fundamental Analysis February 6, 2012, Forecast

February 4, 2012 7:24 PM GMT

FXEmpire

Economic Events: (GMT)

WEEKLY

19:00             USD       Federal Budget Balance                 

The Federal Budget Balance measures the difference in value between the federal government's income and expenditure during the reported month. A positive number indicates a budget surplus, a negative number indicates a deficit. 

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.                                                                    

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Economic Data results prior trading day ( key  better than expected worse than expected at forecast )    

USD

Monster Employment Index 

133

     

140 

   

EUR

French Services PMI 

52.3

 

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