Pages

Subscribe:

Ads 468x60px

Friday, February 3, 2012

TradeTheNews.com Asian market update: mixed China Manufacturing PMI, Australia



-CHINA JAN PMI MANUFACTURING (CN): 50.5 v 49.6E (4-month high)
-(CN) CHINA JAN HSBC MANUFACTURING PMI: 48.8 v 48.7 PRIOR (3rd consecutive contraction)
-(KR) South Korea JAN CPI M/m: 0.5% V 0.6%E (5-month high); Y/y: 3.4% V 3.6%E (multi-month low); CORE CPI Y/Y: 3.2% V 3.6% BEFORE
-(AU) AUSTRALIA Q4 HOUSE PRICE INDEX Q/F: 1.0% V-0.6%E; Y/Y: 4.8% V-3.3%E
-(KR) South Korea JAN HSBC MANUFACTURING PMI: 49.2 v 46.4 VOR
-Handelsbilanz (KR) South Korea JAN:-$ 2.0 b V $560ME (first deficit in 2 years)
-(AU) Australia DEC HIA NEW HOME SALES M/M: 4.9% V + 4.4% before (5 month low)
-(TW) TAIWAN JAN HSBC MANUFACTURING PMI: 48.9 v 47.1 (8 month ago in a row of contraction)
-(JP) JAPAN DEC laboratory CASH EARNINGS Y/y: 0.2% V-0.3%E (2. consequence reduction)
-(HK) HONG KONG Q4 GDP Y/Y: 3.0% V 3.1%E; 2011 GDP + 5.0% Y/Y, CPI 5.3% Y/Y
-(JP) JAPAN JAN CRAFT SALES Y/Y: + 40.7% V 23.5% BEFORE
-(TH) THAILAND JAN CPI M/M: 0.4% V 0.5%E; Y/Y: 3.4% V 3.4%E; CORE CPI Y/Y: 2.8% V 2.7%E
-(IN) India JAN MANUFACTURING PMI: 57.5 VS 54,2 before (the highest reading since May 2011)
-(ID) INDONESIA JAN INFLATION M/M: 0.8% V 0.7%E; Y/Y: 3.6% V 3.6%E; CORE INFLATION Y/Y: 4.3% V 4.2%E
-(IN) India DEC HANDELSBILANZ:-information-V $ 12-$ 12.8 B PRELIM
-(RU) Russia JAN HSBC MANUFACTURING PMI: 50.8 v 51,7 VOR
-HANDELSBILANZ OF INDONESIA (ID) DEC TOTAL: $0 WILL BE V $1. 8BE
-(NL) Netherlands JAN MANUFACTURING PMI: 49.0 v 46.2 VOR
-(AU) Australia Jan AiG performance of manufacturing index: 51.6 v 50.2; 7-Month high
-(AU) Australia Jan RBA commodity price index y/y SDR: 6.0% V 9.6% before


B. market snapshot (as 05: 30GMT).
-Nikkei225 0.1%
-S & P/ASX 0.9%
-Kospi unchanged
-Taiwan TAIEX + 0.4%
-Singapur Straits Times 0.4%
-Shanghai composite 0.6%
-Hang Seng unchanged
S & P futures 0.2% in 1.306
-Feb April 0.1% to $1.739 / oz
-März crude + 0.2% at $98,65


B. Overview/top headlines.
Markets have been shuttled between gain and losses, weaker earnings from the United States, as well as an unexpected drop of in consumer confidence weighed on the markets. China Manufacturing PMI mixed data added, the risk negative attitudes, would be even though official data of 50.5 in January read slightly stronger form some consolation that there was no hard landing. China HSBC PMI showed manufacturing contraction read again, but at a slower pace. 9-Month results are Japan so far general weakness show how many exporters show that the impact of a period of natural disasters in the domestic and abroad, which racked up affects their supply chains. "A lack of solution in Greece continue to weigh on the market, despite comments in recent days say we are only a few days of a solution away." Euro remained under pressure today from about 30 pips against the dollar and Yen New York roll. USD/JPY tested ¥ 76.14, matching Tuesday the 3-month low. S & P commented that Japan's plan double VAT growth of only on a temporary debt slows down.


** Speaker/geopolitical/in the press.
-(IN) India Central Bank (RBI) gov Subbarao: sustained high level of inflation is growth; India's threshold for inflation is 4-6% financial press
-(HK) Hong Kong of financial sec TSANG: Govt with a view to stable economic growth; Q1 may be a GDP contraction due to weak exports, 2012 GDP seen around 1-3% budget speech
-(AU) Australia PM Gillard: AUD remain for years high economy need to adjust; Support for increased IMF resources
-(KR) Bank of Korea (BoK) official Lee Jae rang: core inflation accelerated nor in H2 and downward pressure on prices could be upwards, nor come from wages and cost of services
-(CN) China fin min Xie: domestic demand has tremendous potential; great pressure on the price increases this year


B. shares.
-NMR: Reports Q3 net ¥ 17.8 b V ¥ 13 billion y/y, Rev. ¥ 405B V ¥ 296B y/y
-TM: Says that it 1 month in Japan vs monthly target 12 K received orders 120 K for Aqua hybrid
-LG Electronics, 066570.KR: V KRW22Be net loss, operating profit KRW23B V KRW64Be, Rev. KRW13 reports Q4 loss KRW112B. 8T V KRW13. 9Te
-ESPRIT, 330.HK: Exec: all must close N. American stores, unless they find a match. Still not decided if unit will bankrupt US and Canada file
-FXJ.AU: Gina Rinehart increases its 4% stake in Fairfax by a$ 192 M by almost 12% - the Australian


** US stocks.
-FB, Facebook: Brochure morning - financial press said to $5b in provisional IPO
-WRB: Q4 reports $0.58 V $0. 49e, R$ 1.25 b V $1. 2be; + 3.2% after hours
-STX: Q2 reports $1.28 V $1. 08e, R$ 3.19 b V $3. 2be; + 5.7% after hours
-MTV: Q4 reports $0.13 V $0 14e, R$ 1.03 b V $956Me; + 3.1% after hours
-BRCM: Q4 reports $0.68 V $0. 65e, R$ 1.82 b V $1. 8be; + 1.9% after hours
-AMZN: Reports Q4 $0,38 V $0 17e (unclear if comp), R$ 17 billion $18 V. 2be; -8.7% after hours
-ACE: Q4 reports $1.94 adj V $1. 78e, R$ 3.83 b V $3. 7be; + 1.7% after hours


B. FX/fixed income / commodities.
-(US) API PETROLEUM SUPPLIES CRUDE OIL: + 2.06M V + 3ME; FUEL: 220 K V + 250KE; DISTILLATE: + 970 K V 1.5ME; Usage: 81.9% (equivalent to 2-month low) V 81.9% W/W
-SLV: iShares silver trust ETF daily holdings increased to 9,609.0 tons from 9,510.7 tons (highest since Dec 20th)
-USD/JPY: (JP) Japan fin min Azumi: reaffirms continue to monitor FX markets; Position on Yen unchanged
-(AU) Australia port Kembla coal terminal workers to start a week-long strike - Australian press

Daily Forex market news
Forex news reports can the Forex research below are found on news page. Here you will find real time forex news reports by reputable authors currency trading information provided. Daily Forex market news, weekly Forex research and monthly Forex News features here.

Forex News
Real time Forex market news reports and features provide that other Forex trading accessible information, by clicking on one of the following headings. At the top of the Forex blog page you will find the latest Forex trading information. If you are seeking less current Forex trading information, scroll the page. Scroll headlines at the end of the fx blog and click on the link for the recent reports about Forex. Currency world news reports from previous years, see the left sidebar under "FX archive."

No comments:

Post a Comment