Close of Asian Markets
Economic Events: (GMT)
Chinese Markets are closed for the Lunar New Year
Jan. 22 18:50 JPY Trade Balance
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
19:30 AUD PPI (QoQ)
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Jan. 23 22:00 JPY Interest Rate Decision
Bank of Japan (BOJ) policy board members come to a consensus on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected rate is positive/bullish for the JPY, while a lower than expected rate is negative/bearish for the JPY.
Analysis and Recommendation:
The Australian Dollar was lower against the U.S. Dollar on today, with no specific reasons, except it was retracing earlier moves, they are trading in a very close avenue and will most likely remain so in the beginning of the upcoming week. There is no expectations here.
Upcoming Govt Bond Sales Dates
Jan 23 10:10 Norway Nok 6.0bn 4.25% May 2017 bond
Jan 23 10:10 Slovakia Auctions Apr 2014 bond
Jan 23 10:30 Germany Eur 3.0bn Jan 2013 Bubill
Jan 23 12:00 Norway Details bond auction on Jan 30
Jan 24 09:30 Netherlands Eur 1.5-2.5bn Jan 2013 & Jan 2042 DSL
Jan 24 09:30 Spain Auctions 3 & 6M T-bills
Jan 24 16:30 Italy Details CTZ/BTPei on Jan 26 & BOT on Jan 27 &
Jan 24 18:00 US Auctions 2Y Notes
Jan 25 10:10 Sweden Nominal bond auction
Jan 25 10:30 Germany Eur 3.0bn 3.25% Jul 2042 Bund
Jan 25 16:30 Italy Details BTP/CCTeu on Jan 30
Jan 25 18:00 US Auctions 5Y Notes
Jan 26 10:10 Italy Auctions CTZ/BTPei
Jan 26 18:00 US Auctions 7Y Notes
Jan 27 10:10 Italy BOT auction
AUD/USD Fundamental Analysis January 23, 2012 Forecast
AUD/USD Pivot Points (Time Frame: 1 Day)
Name S1 S2 S3 Pivot R1 R2 R3