Fundamental Headlines • Menendez Prodded Fed to Aid Lender – Wall Street
Journal • Coca-Cola Results Boosted by Asia Sales – Wall Street Journal • Greek
rescue hopes help bourses regain their poise - Financial Times • Euro, Oil,
Copper Gain on Greece Aid Speculation; U.S.
Fundamental Forecast for British Pound: Neutral - BoE left their benchmark rate
unchanged at 0.50%, while pausing the asset purchase program at £200 billion. -
Manufacturing PMI unexpectedly rose in January to 56.7 from 54.6 - U.K.
construction industry improves, as service
Fundamental Headlines • Retailers Continued Comeback Into January – Wall Street
Journal • U.S. Futures Track Overseas Losses– Wall Street Journal • Risk
aversion spreads as debt fears grow - Financial Times • Stocks Decline, Euro
Retreats to Eight-Month Low on Deficits,
Trading the News: Change in US Non-Farm Payrolls What’s Expected Time of
release: 02/05/2010 13:30 GMT, 08:30 EST
Primary Pair Impact : EURUSD Expected:
15K Previous: -85K
Impact the US NFP report had on EURUSD through the last 2
Talking Points • Japanese Yen: Benefitting From the Rise in
Risk Aversion • Pound: BoE Maintains Current Policy, Keeps
Asset Purchase Under Review • Euro: ECB Holds Interest Rate
at 1.00% • US Dollar: Factory Orders, Treasury Secretary
Geithner on
Fundamental Headlines • Tech Spending Bounces Back – Wall Street Journal •
Greece, Portugal Woes Intensify – Wall Street Journal • Sovereign debt fears
rattle investors - Financial Times • Bank of England to Pause Bond-Purchase
Plan, Keeps Open Option to Buy More –
Although UK monetary policy officials noted that inflationary pressures have
risen above the central bank’s 2% target they attributed the spike to one-off
effects from petrol prices and VAT adjustments. In short inflation does not
appear to be a major concern for the BoE with authorities
By Scott Hamilton Officials may pause their bond-purchase plan today after
amassing 200 billion pounds ($319 billion) in gilts so far, according to the
median forecast of 51 economists in a Bloomberg News survey. This is their last
decision using quarterly economic forecasts before the
Officials may pause their bond-purchase plan today after amassing 200 billion
pounds ($319 billion) in gilts so far, according to the median forecast of 51
economists in a Bloomberg News survey. This is their last decision using
quarterly economic forecasts before the most likely date for the
Officials may pause their bond-purchase plan today after amassing 200 billion
pounds ($319 billion) in gilts so far, according to the median forecast of 51
economists in a Bloomberg News survey. This is their last decision using
quarterly economic forecasts before the most likely date for
Fundamental Forecast for British Pound: Neutral - BoE left their benchmark rate
unchanged at 0.50%, while pausing the asset purchase program at £200 billion. -
Manufacturing PMI unexpectedly rose in January to 56.7 from 54.6 - U.K.
construction industry improves, as service
