Upcoming Signals Overview (July 11 ~ 15, 2011)

[Henry Liu]

Hey Folks:

This past week we saw sovereign debt concern dominate market as S&P downgraded Portugal's sovereign rating. China hike interest rate again, which added concerns on global recovery and drove down commodity prices.

In the Interest Rate front, RBA and BOE decided to keep rates unchanged while ECB hiked rates by 25 basis point as expected. Trichet's Press Conference supported the Euro as ECB is suspending minimum credit threshold for Portugal, eliminating any funding concerns.

On Friday, Canada's Employment came out slightly better than expectation while U.S. NPF Employment was shockingly disappointing. With the market feeling uncertain over U.S.' recovery, this risk aversion sentiment may be the primary driver for next week's market.

We have a few tradable releases next week, but the focus will be on the developing situation in Europe as Italy now is in the spotlight. We should also pay attention to Retail Sales on Thursday (July 14) as it would provide another crucial confirmation for US economic recovery.

1. Tue July 12, 2011 - 4:30am EDT - UK CPI y/y
Historical Chart & Data

2. Tue July 12, 2011 - 2:00pm EDT - US FOMC Minutes
Historical Chart & Data

3. Wed July 13, 2011 - 6:45pm EDT - NZ GDP q/q
Historical Chart & Data

4. Thu July 14, 2011 - 8:30am EDT - US Core Retail Sales
Historical Chart & Data

5. Fri July 15, 2011 - 8:30am EDT - US Core CPI m/m
Historical Chart & Data

...the EU bank stress test is also scheduled on Friday, so keep your eyes open for that...

Thanks,

 

[Huwee]

Folks,

I've updated my Google calendar with the release times above.

If you don't already have the calendar, it gives you the following:

1. Translates the time into your local timezone
2. Allows you to see your personal appointments alongside when the news releases are happening
3. And if you have a Google Calendar account - notifications to your mobile phone via SMS (for free!)

Instructions (you only need to add this once and it will appear every week)

Adding to iPhone:

1. Send an e-mail to your iPhone with the e-mail body of "webcal://www.google.com/calendar/ical/06nlopqpjr7nnehhgc99igak6k%40group.calendar.google.com/public/basic.ics" (without the quotes and remove the extra space before the '.com')
2. On your iPhone, open the e-mail and click on the link.
3. When prompted "Subscribe to the calendar: 'FPA's Trading Signals'?", click "Subscribe".
4. Open your calendar and it will say "The Calendar 'FPA's Trading Signals' has been added"
5. Click "Done".

Adding to your own Google Calendar and setting SMS notification (see accompanying screenshots attached):

1. Log into your Google calendar and go to "Other Calendars"
2. Type in "06nlopqpjr7nnehhgc99igak6k@group.calendar.google.com" (without the quotes and the .com should be one word - you'll need to remove the space)
3. Now click on the drop-down for your newly added calendar "Henry Liu's Trading Signals". Click on "Calendar settings"
4. Click on the tab "Notifications". Fill in the reminders you'd like - E-mail, SMS and Pop-up.

If you don't see "SMS" as a drop-down option, you need to configure the settings for your mobile phone in Google. Go to your "Settings" (top right) and choose "Mobile Setup" or check Google Calendar Help.

I update this calendar based on news listed in the FPA & ForexFactory calendar (up to a few months in advance) and then update every week shortly after the official FPA trading signals come out, so you should only need to add the calendar once and from there on you'll get reminders every week to help you news trade

Hope this helps,

Huwee.