Showing posts with label GU. Show all posts
Showing posts with label GU. Show all posts

Friday, October 21, 2011

Stocks, Euro Climb as European Officials Craft $1.3 Trillion Bailout Fund

U.S. stocks and the euro rose, recovering from earlier losses, as European governments discussed deploying $1.3 trillion in funds to tame the sovereign debt crisis. Treasuries fell and commodities pared losses.
The Standard & Poor’s 500 Index increased 0.5 percent to 1,215.39 at the 4 p.m. close in New York after tumbling as much as 1 percent. The euro gained 0.2 percent to $1.3786, rebounding from a 0.8 percent slide, and 10-year Treasury yields rose two basis points to 2.19 percent after decreasing as much as five basis points. The S&P GSCI Index of commodities lost 0.3 percent, recovering from a 1.9 percent decline.
Riskier assets rebounded as two people familiar with the matter said Europe may combine the temporary and permanent rescue funds to pool as much as 940 billion euros to fight the crisis. German Chancellor Angela Merkel and French President Nicolas Sarkozy said in a joint statement they want euro-region leaders to agree on an “ambitious” plan. The European Union said a planned Oct. 23 summit will be followed by another session on Oct. 26.
“The main thing is -- can we get to the point where we actually have a constructive resolution in Europe?” Brian Barish, Denver-based president of Cambiar Investors LLC, which oversees about $8 billion, said in a telephone interview. “The market is hypersensitive as to whether or not a plan will emerge that will stabilize Europe.”
Earlier losses in stocks, commodities and the euro came amid growing concern leaders were gridlocked on plans to leverage the region’s bailout fund as Merkel canceled a speech to the German parliament tomorrow. Banks in the Stoxx Europe 600 Index slid 4 percent as a group and yields on 10-year Italian bonds topped 6 percent for the first time in more than two months, underscoring the urgency of the need for a solution.
Financial Shares Reverse
Financial shares in the S&P 500 rose 1.8 percent as a group, reversing a 1.1 percent slide and posting the biggest gain among 10 industries. Fifth Third Bancorp and KeyCorp rose 9.1 percent and 6.9 percent, respectively, to lead gains after the Ohio-based regional lenders posted better-than-estimated earnings. JPMorgan Chase & Co. and Alcoa Inc. climbed at least 1.8 percent for the top gains in the Dow Jones Industrial Average, which increased 0.3 percent to 11,541.78.
EBay Inc. slid 3.1 percent after the largest online marketplace forecast sales and profit that missed some analyst estimates. Boston Scientific Corp. slipped 4.4 percent after third-quarter profit declined 25 percent as demand fell for its defibrillators and pacemakers used to regulate the heart.
Earnings-per share have topped analysts’ estimates at about 75 percent of the 89 companies in the S&P 500 that released results since Oct. 11. Net Income has grown 15 percent for the group and sales have increased 9.5 percent, Bloomberg data show.
Philadelphia Manufacturing
U.S. equities climbed early in the session as the Federal Reserve Bank of Philadelphia’s general economic index climbed more than forecast to 8.7, unexpectedly signaling expansion in the area covering eastern Pennsylvania, southern New Jersey and Delaware.
About five shares declined for every one that gained in the Stoxx Europe 600 Index, which slipped 1.5 percent. European markets closed before France and Germany issued their joint statement. Banks led losses, with Italy’s UniCredit SpA plunging 12 percent and Intesa Sanpaolo SpA slumping 9.8 percent. Banks that need aid from Europe’s rescue fund must be restructured as a condition for receiving capital, according to draft guidelines obtained by Bloomberg News.
The yield on French 10-year debt rose to 115 basis points above benchmark German bunds, the highest since the creation of the euro currency.
European Yields
The yield on the Spanish 10-year bond rose 13 basis points to a two-month high of 5.53 percent as demand dropped at the nation’s first debt sale since Moody’s Investors Service cut the country’s credit ranking.
Greek 10-year bond yields slipped 41 basis points to 23.89 percent, compared with a record 26.70 percent on Sept. 15.
EU officials weighing deeper losses for Greek bondholders in a revamped bailout are concerned that any investor involvement risks further roiling markets, say people familiar with the EU’s deliberations. The people said the EU is considering five scenarios for the private sector’s role. They range from sticking with July’s voluntary debt swap plan to forcing investors to exchange Greek bonds for new ones at 50 percent of their value.
Greek Austerity
Greek Prime Minister George Papandreou won the backing of a majority of lawmakers in a second test of support for a new austerity package. Greek Citizen Protection Minister Christos Papoutsis appealed for calm after a man died during protests in Athens today.
The MSCI Emerging Markets Index retreated 2.7 percent, the biggest decline on a closing basis in more than two weeks. South Korea’s Kospi Index declined 2.7 percent as benchmark gauges for Brazil and Poland lost at least 1.7 percent.
The Shanghai Composite Index slumped 1.9 percent to a 31- month low on concern China may persist with policies to rein in lending. Risks stemming from private lending must be “strictly controlled,” China’s banking regulator said.
Thailand’s SET Index lost 3.1 percent as the central bank said it will cut its economic growth forecast as the worst floods in 50 years threaten to keep factories closed for months.
To contact the reporters on this story: Michael P. Regan in New York at mregan12@bloomberg.net; Rita Nazareth in New York at rnazareth@bloomberg.net
To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net




Thursday, October 20, 2011

GBP/USD Pair @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5500 to 1.5900 area.



1. SELL Area : 1.5780


T1 : 1.5725


T2 : 1.5680


T3 : 1.5600


T4 : 1.5555



2. BUY Area : 1.5791


T1 : 1.5825


T2 : 1.5888


ALLAH HU.




Wednesday, October 5, 2011

GBP/USD Pair @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5200 to 1.5600 area.



1. BUY Area : 1.5425



T1 : 1.5488


T2 : 1.5555


T3 : 1.5625



2. SELL Area : 1.5400



T1 : 1.5355


T2 : 1.5280


T3 : 1.5200


ALLAH HU






Monday, September 26, 2011

GBP/USD Pair @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5200 to 1.5800 area.



1. BUY Area : 1.5425


T1 : 1.5480


T2 : 1.5555


T3 : 1.5677



2. SELL Area : 1.5400


T1 : 1.5350


T2 : 1.5280


T3 : 1.5188


ALLAH HU.



Thursday, September 15, 2011

GBP/USD @ 09.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5600 to 1.6000 area.



1. BUY Area : 1.5761


T1 : 1.5788


T2 : 1.5825


T3 : 1.5900



2. SELL Area : 1.5741



T1 : 1.5700


T2 : 1.5600


ALLAH HU.






Wednesday, September 7, 2011

GBP/USD Pair @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5800 to 1.6200 area.



1. SELL Area : 1.6023


T1 : 1.5980


T2 : 1.5950


T3 : 1.5880



2. BUY Area : 1.6043


T1 : 1.6088


T2 : 1.6125


T3 : 1.6200


ALLAH HU.




Thursday, August 25, 2011

GBP/USD Pair @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.6200 to 1.6600 area.


1. SELL Area : 1.6417


T1 : 1.6380


T2 : 1.6333


T3 : 1.6200



2. BUY Area : 1.6437


T1 : 1.6477


T2 : 1.6525


T3 : 1.6600


ALLAH HU




Tuesday, August 23, 2011

GBP/USD Pair @ 06.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.6200 to 1.6600 area.


1. SELL Area : 1.6471


T1 : 1.6426


T2 : 1.6380


T3 : 1.6250



2. BUY Area : 1.6491


T1 : 1.6525


T2 : 1.6555


T3 : 1.6600


ALLAH HU.




Tuesday, August 9, 2011

GBP/USD @ 11.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.6100 to 1.6500 area.


1. BUY Area : 1.6358


T1 : 1.6388


T2 : 1.6452


T3 : 1.6533



2. SELL Area : 1.6338


T1 : 1.6246


T2 : 1.6200


T3 : 1.6150


ALLAH HU.





Tuesday, August 2, 2011

GBP/USD Pair @ 06.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.6100 to 1.6500 area.



1. SELL Area : 1.6337



T1 : 1.6280


T2 : 1.6202


T3 : 1.6100



2. BUY Area : 1.6357


T1 : 1.6388


T2 : 1.6450


ALLAH HU







Wednesday, July 27, 2011

GBP/USD @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.6200 to 1.6600 area.



1. BUY Area : 1.6369



T1 : 1.6425


T2 : 1.6472


T3 : 1.6588



2. SELL Area : 1.6349


T1 : 1.6280


T2 : 1.6250


T3 : 1.6200


ALLAH HU.







Monday, July 25, 2011

GBP/USD Pair @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.6200 to 1.6500 area.



1. BUY Area : 1.6297


T1 : 1.6329


T2 : 1.6360


T3 : 1.6455



2. SELL Area : 1.6277


T1 : 1.6250


T2 : 1.6200


ALLAH HU.




Wednesday, July 20, 2011

GBP/USD Pair @ 10.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5900 to 1.6300 area.



1. BUY Area : 1.6113


T1 : 1.6150


T2 : 1.6188


T3 : 1.6255



2. SELL Area : 1.6080


T1 : 1.6052


T2 : 1.5983


T3 : 1.5900


ALLAH HU




Thursday, July 14, 2011

GBP/USD Pair @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5900 to 1.6400 area.



1. BUY Area : 1.6080


T1 : 1.6125


T2 : 1.6225


T3 : 1.6300 - If fail CS should drop to 1.6000 area or deeper.



2. SELL Area : 1.6060


T1 : 1.6000


T2 : 1.5950


T3 : 1.5900


ALLAH HU.





Wednesday, July 13, 2011

GBP/USD Pair @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5700 to 1.6100 area.



1. BUY Area : 1.5885


T1 : 1.5925


T2 : 1.5991


T3 : 1.6100



2. SELL Area : 1.5865


T1 : 1.5800


T2 : 1.5750


T3 : 1.5700


ALLAH HU.




Tuesday, July 12, 2011

GBP/USD Pair @ 07.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5700 to 1.6200 area.



1. SELL Area : 1.5943


T1 : 1.5900


T2 : 1.5850


T3 : 1.5750



2. BUY Area : 1.5963


T1 : 1.6025


T2 : 1.6155


T3 : 1.6200


ALLAH HU.




Thursday, July 7, 2011

GBP/USD Pair @ 11.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5800 to 1.6300 area.



1. SELL Area : 1.6012


T1 : 1.5980


T2 : 1.5937


T3 : 1.5800



2. BUY Area : 1.6032


T1 : 1.6076


T2 : 1.6125


T3 : 1.6188


Allah Hu.




Thursday, June 30, 2011

GBP/USD Pair @ 09.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5800 to 1.6300 area.



1. BUY Area : 1.6055


T1 : 1.6108


T2 : 1.6155


T3 : 1.6300


2. SELL Area : 1.6035



T1 : 1.5980


T2 : 1.5925


T3 : 1.5850


ALLAH HU.








Wednesday, June 29, 2011

GBP/USD Pair @ 06.00 am (Malaysia)

Salam ...

Bismillah HIRR RAHHMAN NIRR RAHHIM


Trading Range is between 1.5800 to 1.6300 area.


1. BUY Area : 1.5982


T1 : 1.6051


T2 : 1.6100


T3 : 1.6223


2. SELL Area : 1.5962


T1 : 1.5922


T2 : 1.5853


T3 : 1.5800

ALLAH HU.




Supply And Demand On TD: Join Me at Super Forex

Join Me At Super Forex