News Fundamental-Tuesday, January 26, 2010

Today the equity markets of Hong Kong down 10% since November because of the threat of economic growth is arrested by China and the United States. Finance companies and property developers led the index's Hang Seng down from the top since December 16 ago. The decline today is more due to the mandate of the U.S. president Barack Obama and also the Chinese government to increase bank reserves. The Hang Seng fell in nine of the 10 days being the first so-called correction of developed markets in 2010, after rising 128% last year which also spur progress largest economy last year.
Hong Kong is predicted to fall two times faster than industrialized countries other, according to Henrik Degrer, a fund manager at Svenska Handelsbanken in Stockholm, which oversees $ 36 billion fund clients at the company.
Organizer finance China said last week that several banks of China failed to meet the requirements of the bank's capital. The value of shares Bank of China dropped 23 percent.

Preview news fundamental today:
16.00*
Value Germany Ifo Business Climate is predicted to rise from 94.7 to 95.2

16:30 pm*
The value of preliminary GDP q / q UK is predicted to rise from -0.2% to 0.4%.

16:45 pm*
Governor BoE Mervyn King and Deputy Governor Paul Tucker will make a speech before the Finance Committee, in London.

22:00 pm*
Value CB Consumer Confidence U.S. is predicted to rise from 52.9 to 53.6

We predicted value of USD will strengthen against all currencies today, except against the Japanese yen.
This event is commonplace, the market is afraid of the government's decision the U.S. and China that restrict movement of financial institutions regarding reserve funds of financial institutions and the prohibition of hedging (hedge) and the issue of increasing leverage, trading in the U.S. will make a nervous investors.

Predicted price movements based on observations of technical at 10:45 pm:*

EURUSD: 1.4000 - 1.4165 (trend down)

GBPUSD: 1.6100 - 1.6275 (trend down)

AUDUSD: 0.8900 - 0.9065 (trend down)

NZDUSD: 0.7000 - 0.7155 (trend down)

USDCAD: 1.0540 - 1.0675 (trend up)

USDCHF: 1.0350 - 1.0525 (trend up)

USDJPY: 89.00 - 90.55 (trend down)

NZDJPY: 63.00 - 64.65 (trend down)

AUDJPY: 80.00 - 81.75 (trend down)

EURJPY: 126.00 - 127.75 (trend down)

GBPJPY: 144.00 - 146.45 (trend down)

EURGBP: 0.8600 - 0.8765 (trend down)

*time GMT+7 (Indonesia -WIB-)
-HAPPY TRADING-