USD/CAD Fundamental Analysis September 4, 2012 Forecast
Add a comment
Fundamental Reports
To learn more click here
Analysis and Recommendations:
The USD/CAD is trading at 0.9864 with both the Canadian and the US markets closed today, there has been limited volume and no eco data or news on either side of the border. The currency movement has been in response to international market whims, but overall global markets were subdued today ahead of the ECB meet. There was little response to China or the eurozone PMI under forecast releases.
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.
Actual versus Forecast Economic Releases. US and CAD markets are closed for a holiday
|
Date |
|
Currency |
|
|
Event |
Actual |
|
Forecast |
|
Previous |
|
|
|
Sep. 03 |
|
KRW |
|
|
South Korean CPI (YoY) |
1.2% |
|
1.4% |
|
1.5% |
|
|
|
|
|
KRW |
|
|
South Korean CPI (MoM) |
0.4% |
|
0.5% |
|
-0.2% |
|
|
|
|
|
JPY |
|
|
Capital Spending |
7.70% |
|
8.90% |
|
3.30% |
|
|
|
|
|
AUD |
|
|
Company Gross Operating Profits (QoQ) |
-0.7% |
|
1.0% |
|
-3.7% |
||
|
|
|
AUD |
|
|
Retail Sales (MoM) |
-0.8% |
|
0.2% |
|
1.2% |
||
|
|
|
CNY |
|
|
Chinese HSBC Manufacturing PMI |
47.60 |
|
|
|
47.80 |
|
|
|
|
|
INR |
|
|
Indian Trade Balance |
-15.5B |
|
-8.8B |
|
-10.3B |
|
|
|
|
|
CHF |
|
|
SNB Chairman Thomas Jordan speaks |
|
|
|
|
|
|
|
|
|
|
TRY |
|
|
Turkish CPI (MoM) |
0.56% |
|
0.25% |
|
-0.23% |
|
|
|
|
|
CHF |
|
|
Retail Sales (YoY) |
3.2% |
|
4.3% |
|
3.3% |
||
|
|
|
CHF |
|
|
SVME PMI |
46.7 |
|
49.0 |
|
48.6 |
|
|
|
|
|
EUR |
|
|
Italian Manufacturing PMI |
43.60 |
|
45.00 |
|
44.30 |
|
|
|
|
|
EUR |
|
|
French Manufacturing PMI |
46.0 |
|
46.2 |
|
46.2 |
|
|
|
|
|
EUR |
|
|
German Manufacturing PMI |
44.7 |
|
45.1 |
|
45.1 |
|
|
|
|
|
EUR |
|
|
Manufacturing PMI |
45.1 |
|
45.3 |
|
45.3 |
|
|
|
|
|
GBP |
|
|
Manufacturing PMI |
49.5 |
|
46.2 |
|
45.2 |
Economic Highlights for the upcoming week… Tiers 3 keep your eyes on these
|
Date |
Time |
Currency |
Event |
Forecast |
|
Previous |
|
|
|
Sep. 04 |
05:30 |
AUD |
3.50% |
|
3.50% |
|
||
|
|
15:00 |
USD |
50.0 |
|
49.8 |
|
||
|
Sep. 05 |
02:30 |
AUD |
0.8% |
|
1.3% |
|
||
|
|
14:00 |
CAD |
1.00% |
|
1.00% |
|
||
|
Sep. 06 |
02:30 |
AUD |
5.0K |
|
14.0K |
|
||
|
|
02:30 |
AUD |
5.3% |
|
5.2% |
|
||
|
|
12:00 |
GBP |
0.50% |
|
0.50% |
|
||
|
|
12:45 |
EUR |
0.75% |
|
0.75% |
|
||
|
Sep. 07 |
15:00 |
CAD |
58.0 |
|
62.8 |
Government Bond Auction
Date Time Country
Sep 04 00:30 Japan Auctions 10Y JGBs
Sep 04 09:15 Austria Bond auction
Sep 04 09:30 Belgium Auctions Dec 2012 (3M) & Feb 2013 (6M) T-bills
Sep 04 14:30 UK Details 0.75% 2034 I/L Gilt & 1.75% Sep 2022 Gilt on Sep
Sep 05 09:10 Sweden Nominal bond auction
Sep 05 09:30 Germany Eur 5.0bn Sep 2022 Bund auction
Sep 05 09:30 UK 4.5% 2042 Gilt auction
Sep 06 00:30 Japan Auctions 30Y JGBs
Sep 06 08:30 Spain Bono auction
Sep 06 08:50 France OAT auction
Sep 06 09:10 Sweden I/L bond auction
Sep 06 15:00 US Announces 3Y Notes on Sep 11, 10Y Notes on Sep 12 &
Sep 07 15:30 Italy
Gold Continues To Tumble As US Data Gives Sentiment A Boost
AUD/USD Fundamental Analysis May 21, 2013 Forecast
Global Chatter Centers On The US Dollar
USD/JPY Fundamental Analysis May 21, 2013 Forecast
Barry produces a private Daily Market Review newsletter that is distributed around the globe to over 25,000 subscribers and recently published a book on Options Trading that is available from amazon.com
View all of FX Empire Analyst - Barry Norman's Articles
