nullahfx Posted May 20, 2012 Share Posted May 20, 2012 A full week of activities, time for a break Have a great weekend for all... 100% deposit return guarantee! Work with FBS , be friends with FBS and be successful! Best Mini Forex Broker 2010 - 2011 have a great holiday for all trader. take a rest for a while from trading to get fresh mind for next week. and don't forget to get some evaluation and hopefully we can be better next week and every week Quote Link to comment Share on other sites More sharing options...
kaito kid Posted May 21, 2012 Share Posted May 21, 2012 ★★★ May 21-25: Events to watch ★★★ Monday, May 21, 2012 - 06:45 Monday, May 21: • Canada: bank holiday (Victoria Day). The day is practically empty of important economic events. As a result, traders get ready for tomorrow with the Bank of Japan in focus. Tuesday, May 22: • New Zealand: the release of inflation expectations data (Q1), a leading indicator of economic sentiment. • Great Britain: Consumer Price Index (CPI) in April is forecasted to grow by 3.1% (a decline in comparison with a 3.5% growth in March, but still much higher, than a 2% BoE target). It’s possible, however, that the rate falls to 3% (the lowest since February 2010) saving the BoE Governor Sir Mervyn King from issuing the inflation letter (the letter is only required if the inflation is below 1% or above 3% and is written to explain why inflation has overshot the target). Public sector net borrowing in April may decline to minus 5.4B vs. 15.9B in March. • U.S.: Annualized number of existing home sales – the main gauge of housing market conditions – may increase from 4.48M in March to 4.65M in April supporting the idea of the nation’s economic rebound. The labor market is America’s weakest spot and many investors go the US nowadays only because it’s better than Europe. • Europe: consumer confidence in the euro area will likely remain low. Don’t wait for any surprises here. Spain will sell 3- and 6-month bills. • The OECD (Organization of Economic Cooperation and Development) will release its global growth forecast. Wednesday, May 23: • Japan: Trade deficit is expected to decline slightly to from 0.62T in March to 0.60T in April. Positive trade balance report may support yen ahead of the BOJ announcement. The markets will be eyeing the Bank of Japan’s meeting. The benchmark rate is seen unchanged at 0.10% level, though the central bank may be forced to do more easing. If it doesn’t – well, yen will surely strengthen. For more details see our special article. • Europe: Leaders of the EU 27 member states will assemble in Brussels for a crisis meeting. New French President François Hollande will try to push the currency union from austerity to growth promotion and make Germany agree to the euro bonds – debt issued for the euro zone as a whole. • Great Britain: MPC meeting minutes. According to the forecasts, the MPC officials have voted unanimously to keep the monetary policy unchanged. Retail sales in April are forecasted to decline by 0.5% vs. a 1.8% growth in March – that would be a very bad sign indicating that the condition of the recessed UK economy aren’t improving at all. • Canada: Core retail sales in March may grow by 0.6% compared with a 0.5% increase in February. The nation’s economy for now seems stable enough. • U.S.: New home sales are also expected to increase to 336K in April vs. 328K in March. Thursday, May 24: • New Zealand: April trade balance is to be released (134M trade surplus in March), while the government will make its annual budget statement. • China: May HSBC flash manufacturing PMI will be released (in April the index reached 49.3, indicating the industry contraction). • Euro zone: According to forecasts, French flash manufacturing and services PMIs in May are likely to increase to 47.1 and 45.9 respectively (however, the reading below 50.0 still indicates industry contraction). German flash manufacturing PMI is forecasted to reach 47.2, while the services one – to decline to 51.9 from 52.2. Euro zone’s flash purchasing managers’ surveys are expected to show a 10th successive monthly decline in manufacturing output (46.1) and a fourth successive fall in services (47.2). German Ifo business climate in May is expected to go down to 109.5 from 109.9 in April, indicating that concerns of entrepreneurs have risen on the back of the extending crisis. Later in the day, ECB president Mario Draghi is to speak; his comments will be closely watched for any indication of the future possible direction of monetary policy. • Great Britain: Britain’s revised GDP in is expected to confirm that the economy shrank 0.2% in Q4 after having declined by 0.3% in Q4 2011. The release of a preliminary GDP showed that UK is in a technical recession – a second consecutive quarterly decline. If the final GDP remains unchanged, the downward pressure on the sterling will grow. New QE is becoming more and more likely; last week a dovish inflation report was issued. The BoE Governor Mervin King sounds rather pessimistic: according to him, the euro zone is tearing itself apart. • U.S.: Core durable goods orders in April may increase by 1.3% vs. a 0.8% fall in March. Number of weekly unemployment claims is forecasted to reach 374K after the previous reading 370K Friday, May 25: • Japan: Tokyo Core CPI is forecasted to decline by 0.5% in May, while national – to grow by 0.1%. • Euro zone: GfK German consumer climate, which is an important indicator of consumer spending, may increase to 5.8 in May from 5.6 in April. Work with FBS , be friends with FBS and be successful! Best Mini Forex Broker 2010 - 2011 Quote Link to comment Share on other sites More sharing options...
internationallove Posted May 21, 2012 Author Share Posted May 21, 2012 Fastest Growing Forex Broker Asia 2012!!! FBS-Fastest Growing Forex Broker Asia 2012! Dear traders! We are proud to announce that FBS company has been awarded as “Fastest Growing Forex Broker Asia 2012” by Global Banking & Finance Review Awards*. This award is a recognition of the achievement and the high level of services offered by FBS. PR-manager of FBS Anna Zamurakina says: “We believe we are well-positioned to continue the company’s growth in Asia. We are committed to providing our services and products in an efficient and innovative manner consistent with the needs of our clients, and we offer a trading environment that is fast, convenient, reliable and valuable in terms of quality.” FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Stay connected with FBS because its all about you! Quote Link to comment Share on other sites More sharing options...
kaito kid Posted May 22, 2012 Share Posted May 22, 2012 ★★★ Fastest Growing Forex Broker Asia 2012 ★★★ Dear traders! We are proud to announce that FBS company has been awarded as “Fastest Growing Forex Broker Asia 2012” by Global Banking & Finance Review Awards*. This award is a recognition of the achievement and the high level of services offered by FBS. “We believe we are well-positioned to continue the company’s growth in Asia,” says PR-manager of FBS Anna Zamurakina. “We are committed to providing our services and products in an efficient and innovative manner consistent with the needs of our clients, and we offer a trading environment that is fast, convenient, reliable and valuable in terms of quality.” * Global Banking & Finance Review is an online portal which has evolved from the growing need to have a more balanced view for informative and independent news for the global banking and finance industry. The Global Banking and Finance Review Awards were created to recognize achievement, progress and inspirational change within the financial world. Work with FBS , be friends with FBS and be successful! Fastest Growing Forex Broker Asia 2012 Quote Link to comment Share on other sites More sharing options...
nullahfx Posted May 22, 2012 Share Posted May 22, 2012 ★★★ Fastest Growing Forex Broker Asia 2012 ★★★ Dear traders! We are proud to announce that FBS company has been awarded as “Fastest Growing Forex Broker Asia 2012” by Global Banking & Finance Review Awards*. This award is a recognition of the achievement and the high level of services offered by FBS. “We believe we are well-positioned to continue the company’s growth in Asia,” says PR-manager of FBS Anna Zamurakina. “We are committed to providing our services and products in an efficient and innovative manner consistent with the needs of our clients, and we offer a trading environment that is fast, convenient, reliable and valuable in terms of quality.” * Global Banking & Finance Review is an online portal which has evolved from the growing need to have a more balanced view for informative and independent news for the global banking and finance industry. The Global Banking and Finance Review Awards were created to recognize achievement, progress and inspirational change within the financial world. Work with FBS , be friends with FBS and be successful! Fastest Growing Forex Broker Asia 2012 congratulation for FBS.. !! again FBS has been awarded, and now as the fastest growing forex broker asia 2012. hopefuly FBS will be more and more better.. we so proud for always trust FBS as our broker Quote Link to comment Share on other sites More sharing options...
internationallove Posted May 22, 2012 Author Share Posted May 22, 2012 FBS Malaysia Road Tour 2012- Kuala Terengganu !!!(Tuesday, May 22, 2012) Dear traders! Our FBS Road Tour team now visits Kuala Terengganu (Malaysia). Get ready for training, live demonstrations, trading strategies that are proven to work. Seminar will help you to take your Forex trading business to the next level. Speakers: Mohd Noor Mohd Salleh (FBS and Promotion) Mohd Arif Che Murad (Basic Forex Trading Guide) Anas Repin (Physiology Trader and Money Management) Mohd Rohaizad (Proven Trading System) Don't miss it. Benefit yourself by attending FBS Road Tour Seminar! Lucky draw and free gifts will be waiting for all participants. Date: 26 May 2012 Time: 14:00-18:00 Venue: Hotel Seri Malaysia Kuala Terengganu Admission is free. Detailed information on the next seminar will be available soon on our website. Keep updated! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Stay connected with FBS because its all about you! Quote Link to comment Share on other sites More sharing options...
kaito kid Posted May 23, 2012 Share Posted May 23, 2012 ★★★ FBS Malaysia Road Tour 2012- Kuala Terengganu ★★★ Dear traders! Our FBS Road Tour team now visits Kuala Terengganu (Malaysia). Get ready for training, live demonstrations, trading strategies that are proven to work. Seminar will help you to take your Forex trading business to the next level. Date: 26 May 2012 Time: 14:00-18:00 Venue: Hotel Seri Malaysia Kuala Terengganu Speakers: Mohd Noor Mohd Salleh (FBS and Promotion) Mohd Arif Che Murad (Basic Forex Trading Guide) Anas Repin (Physiology Trader and Money Management) Mohd Rohaizad (Proven Trading System) Don't miss it. Benefit yourself by attending FBS Road Tour Seminar! Lucky draw and free gifts will be waiting for all participants. Admission is free. Work with FBS , be friends with FBS and be successful! Fastest Growing Forex Broker Asia 2012 Quote Link to comment Share on other sites More sharing options...
lollabun Posted May 23, 2012 Share Posted May 23, 2012 ★★★ Fastest Growing Forex Broker Asia 2012 ★★★ Dear traders! We are proud to announce that FBS company has been awarded as “Fastest Growing Forex Broker Asia 2012” by Global Banking & Finance Review Awards*. This award is a recognition of the achievement and the high level of services offered by FBS. “We believe we are well-positioned to continue the company’s growth in Asia,” says PR-manager of FBS Anna Zamurakina. “We are committed to providing our services and products in an efficient and innovative manner consistent with the needs of our clients, and we offer a trading environment that is fast, convenient, reliable and valuable in terms of quality.” * Global Banking & Finance Review is an online portal which has evolved from the growing need to have a more balanced view for informative and independent news for the global banking and finance industry. The Global Banking and Finance Review Awards were created to recognize achievement, progress and inspirational change within the financial world. Work with FBS , be friends with FBS and be successful! Fastest Growing Forex Broker Asia 2012 Congratulation FBS, just the great broker can get this award, and FBS is a great broker with the best service Quote Link to comment Share on other sites More sharing options...
lollabun Posted May 23, 2012 Share Posted May 23, 2012 FBS Malaysia Road Tour 2012- Kuala Terengganu !!!(Tuesday, May 22, 2012) Dear traders! Our FBS Road Tour team now visits Kuala Terengganu (Malaysia). Get ready for training, live demonstrations, trading strategies that are proven to work. Seminar will help you to take your Forex trading business to the next level. Speakers: Mohd Noor Mohd Salleh (FBS and Promotion) Mohd Arif Che Murad (Basic Forex Trading Guide) Anas Repin (Physiology Trader and Money Management) Mohd Rohaizad (Proven Trading System) Don't miss it. Benefit yourself by attending FBS Road Tour Seminar! Lucky draw and free gifts will be waiting for all participants. Date: 26 May 2012 Time: 14:00-18:00 Venue: Hotel Seri Malaysia Kuala Terengganu Admission is free. Detailed information on the next seminar will be available soon on our website. Keep updated! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Stay connected with FBS because its all about you! Good news for Malaysian traders, FBS hold road tour again there. Quote Link to comment Share on other sites More sharing options...
internationallove Posted May 23, 2012 Author Share Posted May 23, 2012 Current update of FBS 999 Demo Contest(Tuesday, May 24, 2012)!!! Dear traders! Current update of your favorite marvelous FBS 999 Demo Contest. Top three contestants details are below. The whole month of exciting trading is waiting for our participants and we will follow the competition. >>Current Top 3 Positions<< Account#269913 Position: 1st Country: Russian Federation Balance: 250029.54 USD Account#266538 Position: 2nd Country: Russian Federation Balance: 209013.34 USD Account#266307 Position: 3rd Country: Tajikistan Balance: 192586.92 USD Check other contestants ranking Go to the scoreboard: http://www.fbs.com/999-demo-contest/participants?type=cur FBS wishes all the participants good luck! The contest will take place during 01.05.12 - 01.06.12 Contestants ranking: http://www.fbs.com/999-demo-contest/participants?type=cur Contest details: http://www.fbs.com/999-demo-contest FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Stay connected with FBS because its all about you! Quote Link to comment Share on other sites More sharing options...
kaito kid Posted May 24, 2012 Share Posted May 24, 2012 ★★★ Trading without losses with FBS! ★★★ A civilized society hasn’t invented better way of protection than insurance. It guaranties compensation of any sudden losses. By this means, insurance is really necessary for everyone. There are many different types of insurance that exist to live a stress free life. So why don’t you reduce the risks and insure your trading?! FBS is the world’s first broker that offers its clients to get their lost money back. Now you have an opportunity to protect your deposit and focus only on making profit. You can insure from 10% to 100% of your deposit. In case your initial deposit is lost FBS will return insurance amount at once.* “FBS Breakeven Trading” details: http://www.fbs.com/breakeven *Only if insurance conditions are met. Work with FBS , be friends with FBS and be successful! Best Mini Forex Broker 2010 - 2011 Quote Link to comment Share on other sites More sharing options...
internationallove Posted May 24, 2012 Author Share Posted May 24, 2012 Get FBS Master Card for free!!! FBS announces the start of new unprecedented promotion: “Get FBS MasterCard® for free”! Appreciate deposit and withdrawal options at FBS at its value with the free Prepaid FBS Payoneer MasterCard! How can I get the card? Open trading account at FBS and then apply for getting the card in your Personal Area! The cost of the card is $ 20. If you deposit $ 500 or more you get the card for free! With Prepaid FBS Payoneer MasterCard you can: withdraw money from several accounts if they are registered on your name withdraw money from your trading account to it, even if you deposited via electronic payment system or bank wire check your card’s account balance on the Internet and replenish it on the Payoneer payment system website pay for products and services in any part of the world Promotion rules One client can get free Prepaid FBS MasterCard only once To get the card you must deposit at least $500. Bonuses are not considered as deposits To get the card your account has to be verified. To verify the account, please submit your personal ID scan and an address proof Prepaid FBS MasterCard is valid for three years and has no overall balance limit, while cash withdrawal limit of 5000 USD per day FBS reserves the right to change or modify the promotion rules, stop the promotion or any of its parts anytime without prior notification. All the changes will be announced on our website in the “Company news” section Get your lost money back Try FBS Breakeven Trading now!!! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Stay connected with FBS because its all about you! Quote Link to comment Share on other sites More sharing options...
amit Posted May 25, 2012 Share Posted May 25, 2012 FBS is the first broker in the world to guarantee break-even trading! With FBS you can be sure that in case you lose your deposit FBS will return it! Quote Link to comment Share on other sites More sharing options...
amit Posted May 25, 2012 Share Posted May 25, 2012 FBS is very flexible, besides many alternative devices, now in Indonesia has been able to deposit and withdrawal locally. Quote Link to comment Share on other sites More sharing options...
amit Posted May 25, 2012 Share Posted May 25, 2012 I do not hesitate to ask anything from them because they are polite and asnwers willingly all your questions, they are not rude like others. Withdrew 4 times already wheeeew never been this awesome in my trading life Quote Link to comment Share on other sites More sharing options...
amit Posted May 25, 2012 Share Posted May 25, 2012 FBS is great for scalping, so to all scalpers out there li; ke me, you definitely going to enjoy here like me. Really fast services especially withdrawals, I have no problem with it no concerns at all. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted May 25, 2012 Share Posted May 25, 2012 FBS ensures comfortable trading for its customers and investors regardless of their proficiency and trading strategies. We offer three types of accounts: Micro “Micro” account is ideal for beginner traders. This account type allows to test your trading strategy in real conditions. Standard “Standard” account is the next step in trader’s professional growth. It perfectly suits investors who have already developed and tested their trading strategies and now can focus on risks minimization and profit maximization. Unlimited “Unlimited” account is close to the real market conditions and is designed for proficient traders and investors. Work with FBS , be friends with FBS and be successful! Fastest Growing Forex Broker Asia 2012 Quote Link to comment Share on other sites More sharing options...
lollabun Posted May 25, 2012 Share Posted May 25, 2012 Get FBS Master Card for free!!! FBS announces the start of new unprecedented promotion: “Get FBS MasterCard® for free”! Appreciate deposit and withdrawal options at FBS at its value with the free Prepaid FBS Payoneer MasterCard! How can I get the card? Open trading account at FBS and then apply for getting the card in your Personal Area! The cost of the card is $ 20. If you deposit $ 500 or more you get the card for free! With Prepaid FBS Payoneer MasterCard you can: withdraw money from several accounts if they are registered on your name withdraw money from your trading account to it, even if you deposited via electronic payment system or bank wire check your card’s account balance on the Internet and replenish it on the Payoneer payment system website pay for products and services in any part of the world Promotion rules One client can get free Prepaid FBS MasterCard only once To get the card you must deposit at least $500. Bonuses are not considered as deposits To get the card your account has to be verified. To verify the account, please submit your personal ID scan and an address proof Prepaid FBS MasterCard is valid for three years and has no overall balance limit, while cash withdrawal limit of 5000 USD per day FBS reserves the right to change or modify the promotion rules, stop the promotion or any of its parts anytime without prior notification. All the changes will be announced on our website in the “Company news” section Get your lost money back Try FBS Breakeven Trading now!!! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Stay connected with FBS because its all about you! I was too late to request free FBS mastercard when FBS offer it free , now we can get free FBS mastercard if we make deposit $ 500 or be the lowest position of participant in the FBS demo contest. Quote Link to comment Share on other sites More sharing options...
internationallove Posted May 26, 2012 Author Share Posted May 26, 2012 Happy Weekend from entire FBS team!!! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you! Quote Link to comment Share on other sites More sharing options...
kaito kid Posted May 26, 2012 Share Posted May 26, 2012 Happy Weekend from entire FBS team!!! Work with FBS , be friends with FBS and be successful! Quote Link to comment Share on other sites More sharing options...
nullahfx Posted May 27, 2012 Share Posted May 27, 2012 FBS Malaysia Road Tour 2012- Kuala Terengganu !!!(Tuesday, May 22, 2012) Dear traders! Our FBS Road Tour team now visits Kuala Terengganu (Malaysia). Get ready for training, live demonstrations, trading strategies that are proven to work. Seminar will help you to take your Forex trading business to the next level. Speakers: Mohd Noor Mohd Salleh (FBS and Promotion) Mohd Arif Che Murad (Basic Forex Trading Guide) Anas Repin (Physiology Trader and Money Management) Mohd Rohaizad (Proven Trading System) Don't miss it. Benefit yourself by attending FBS Road Tour Seminar! Lucky draw and free gifts will be waiting for all participants. Date: 26 May 2012 Time: 14:00-18:00 Venue: Hotel Seri Malaysia Kuala Terengganu Admission is free. Detailed information on the next seminar will be available soon on our website. Keep updated! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Stay connected with FBS because its all about you! Malaysia has chance again to get more knowledge from FBS roadshow,, hopefully FBS representative in Indonesia will held it too Quote Link to comment Share on other sites More sharing options...
nullahfx Posted May 27, 2012 Share Posted May 27, 2012 ★★★ Trading without losses with FBS! ★★★ A civilized society hasn’t invented better way of protection than insurance. It guaranties compensation of any sudden losses. By this means, insurance is really necessary for everyone. There are many different types of insurance that exist to live a stress free life. So why don’t you reduce the risks and insure your trading?! FBS is the world’s first broker that offers its clients to get their lost money back. Now you have an opportunity to protect your deposit and focus only on making profit. You can insure from 10% to 100% of your deposit. In case your initial deposit is lost FBS will return insurance amount at once.* “FBS Breakeven Trading” details: http://www.fbs.com/breakeven *Only if insurance conditions are met. Work with FBS , be friends with FBS and be successful! Best Mini Forex Broker 2010 - 2011 FBS breakeven trading is the most worth promo in forex business, and I hope with this promo no more trader will get fail on forex trading.. Quote Link to comment Share on other sites More sharing options...
nullahfx Posted May 27, 2012 Share Posted May 27, 2012 Get FBS Master Card for free!!! FBS announces the start of new unprecedented promotion: “Get FBS MasterCard® for free”! Appreciate deposit and withdrawal options at FBS at its value with the free Prepaid FBS Payoneer MasterCard! How can I get the card? Open trading account at FBS and then apply for getting the card in your Personal Area! The cost of the card is $ 20. If you deposit $ 500 or more you get the card for free! With Prepaid FBS Payoneer MasterCard you can: withdraw money from several accounts if they are registered on your name withdraw money from your trading account to it, even if you deposited via electronic payment system or bank wire check your card’s account balance on the Internet and replenish it on the Payoneer payment system website pay for products and services in any part of the world Promotion rules One client can get free Prepaid FBS MasterCard only once To get the card you must deposit at least $500. Bonuses are not considered as deposits To get the card your account has to be verified. To verify the account, please submit your personal ID scan and an address proof Prepaid FBS MasterCard is valid for three years and has no overall balance limit, while cash withdrawal limit of 5000 USD per day FBS reserves the right to change or modify the promotion rules, stop the promotion or any of its parts anytime without prior notification. All the changes will be announced on our website in the “Company news” section Get your lost money back Try FBS Breakeven Trading now!!! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Stay connected with FBS because its all about you! wow, FBS still give Mater Card for free,, let's deposit at least $500 and get the master card. Quote Link to comment Share on other sites More sharing options...
nullahfx Posted May 27, 2012 Share Posted May 27, 2012 Happy Weekend from entire FBS team!!! Work with FBS , be friends with FBS and be successful! Happy weekend and let's prepare for tomorrow. fresh mind, fresh body so we can trading with less emotion. don't forget to read daily update market analysis from FBS.. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted May 28, 2012 Share Posted May 28, 2012 ★★★ May 28 - June 1: main events of the week ★★★ Monday, May 28, 2012 - 09:45 Monday, May 28 – Tuesday, May 29 Japan: According to analysts, Japan’s household spending in April may increase by 2.5% vs. a 3.4% growth in March. April retail sales are expected to grow by 6.2% after a 10.3% growth in March. US: CB consumer confidence in May is forecasted to reach 69.6, indicating a general optimism. In April consumer confidence fell to 69.2 while was expected to reach 69.9. The small decrease was caused by a moderation in consumers’ short-term outlook despite improvement in current conditions assessments. Euro zone: Italy holds a T-bill auction. Wednesday, May 30 Australia: Seasonally adjusted retail sales growth may slow down to 0.2% in April after a 0.9% increase in March, indicating decreased consumer spending. Construction work done in Q1 is forecasted to grow by 3.1% after a 4.6% decline in Q4 (lowest since 2001). Switzerland: KOF Economic Barometer index is forecasted to increase to 0.44 in May, indicating that the Swiss Economy is headed towards an expansion in 2012. Euro zone: Italy holds a 10-year bond auction; the previous bond auction, which was held a couple of weeks ago, went well, but the rate reached 5.66%. Later in the day ECB President Mario Draghi will be speaking in Brussels with the potential for a hint toward the ECB's actions in front of the following week's rate decision. US: Pending home sales in April are expected to remain unchanged after a 4.1% surge in March. U.S. holds a T-bill auction. Thursday, May 31 New Zealand: NBNZ business confidence for May index is released (in April index reached 35.8). Most analysts expect the economic conditions to improve in May due to a surge in retail and services sectors. However, strong national currency keeps bugging exporters. Australia: Building approvals in April to increase by 0.7% after a 7.4% growth in March. Private capital expenditure in Q1 may surge by 4.1% after a 0.3% contraction in Q4, indicating an improved economic health. US: A bunch of important US data will be released. ADP estimate of US non-farm payrolls in May is expected to reach 139K after 119K in April. Preliminary GDP release is expected to show a 1.9% growth in Q1 compared with a 2.2% growth in Q4, indicating that the US economy is not strong enough to drive global growth on its own. Chicago PMI in May is forecasted to increase to 56.8 vs. 56.2 in April. A small decline in unemployment claims during the last week is expected (369K vs. 370K). Euro zone: German retail sales in April are expected to increase by 0.2% after a 1.6% surge in March; number of unemployed people in April may decline by 7K. French consumer spending in April may grow by 0.3% after a sharp decline in March. Euro Area Flash Estimate of Annual Inflation in May is expected to decline slightly to 2.5%. If the inflation rate estimate will change direction and increase, it may lower the chances of the ECB interest rate to remain low. Ireland holds a referendum on EU fiscal compact. The vote is crucial as it determines a crossroad for Ireland: the ‘Yes’ vote to the treaty could bring economic progress and financial stability together with unavoidable austerity measures. The ‘No’ vote will enhance downward pressure on the common currency. Friday, June 1 China: Manufacturing PMI is forecasted to drop to 52.1 in May from 53.3 in April (reading above 50 indicates industry expansion). Switzerland: Retail sales growth may slow down to 3.6% compared with a 4.2% growth in April. Great Britain: According to forecasts, manufacturing PMI will decrease to 49.7 in May from 50.5 in April, indicating industry contraction and augmenting concerns on the U.K. economic conditions. Great Britain holds a 10-year bond auction. Canada: GDP in March is expected to grow by 0.3% after the Canadian economy unexpectedly contracted by 0.2% in February. US: Analysts expect the U.S. non-farm payrolls to increase by 152K. However, in April the labor market didn’t fulfill expectations rising only by 115K, far below the 172K consensus forecast. The March unemployment rate is predicted to remain unchanged at 8.1%. The unemployment declined to 8.1% in April from 8.2% in March, despite lower NFP job gains. The ISM manufacturing PMI in May is expected to drop slightly to 54.1 compared with 54.8 in April. However, the Markit index showed a slide to 53.9 in May. Work with FBS , be friends with FBS and be successful! Fastest Growing Forex Broker Asia 2012 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.