Fundamental News-Wednesday, February 3, 2010

Today, Asian stocks are up, lifted MSCI Asia Pacific Index for the second day, after the pending home sales increased U.S. and commodity prices have increased. James Hardie Industries NV, the largest seller of homes in the U.S., the stock rose 4.2 percent in Sydney. Canon Inc., up 1.9 percent in Tokyo. BHP Billiton Ltd., rose 2.5 percent. "We're getting more and more confirmation that the cyclical recovery is on track," said Nader Naeimi, currency strategist at Sydney-based strategies at AMP Capital Investors, which oversees about $ 90 billion global fund customers. "Fundamentals continue to support. However, when the market is overbought, it also becomes very susceptible to changes in sentiment." The MSCI Asia Pacific Index rose 0.5 percent to 118.20 at 10:41 o'clock in Tokyo.Nikkei Japan 225 Stock Average rose 0.6 percent, while Australia's S & P / ASX 200 Index rose 0.7 percent. South Korea's Kospi Index advanced 1.2 percent. Futures on the Standard & Poor's 500 Index rose 0.2 percent. James Hardie shares jumped 4.2 percent, to A $ 7.99, while Boral Ltd., a building materials company got 11 percent of sales in the U.S., rose 3.7 percent to A $ 5.56. Both stocks were upgraded to "buy" from "neutral" by UBS AG. Canon rose 1.9 percent to ¥ 3680.
Preview fundamental news today: 16:30 pm *UK Services PMI value is predicted to fall from 56.8 to 56.6
20:15 pm *ADP Value Non-Farm Employment Change the U.S. is predicted to rise from-84K to-31k.
22:00 pm *Value ISM Non-Manufacturing PMI U.S. is predicted to rise from 49.8 to 51.1
Predicted value Belajarforex.com USD will strengthen against all foreign exchange partners today, except the yen.
Predicted price movements based on technical observations at 11.00: *
GBPUSD: 1.5850 - 1.6045 (trend down)
EURUSD: 1.3875 - 1.3985 (trend down)
AUDUSD: 0.8775 - 0.8885 (trend down)
NZDUSD: 0.7000 - 0.7145 (trend down)
USDJPY Size: 90.00 - 90.65 (trend down)
NZDJPY: 63.00 - 64.65 (trend down)
AUDJPY: 79.00 - 80.65 (trend down)
EURJPY: 125.00 - 126.75 (trend down)
GBPJPY: 143.00 - 145.35 (trend down)
EURGBP: 0.8665 - 0.8755 (trend down)


*TIME GMT +7 (Indonesia WIB)

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