Upcoming Signals Overview (May 2 ~ 6, 2011)

[Henry Liu]

Last week, Euro confidence dropped as inflation at its fastest place in two and a half years. The Federal reserve was also faced with the challenge of diminishing the unwanted effects of inflation. Therefore, Fed Chairman Bernanke announce that interest rates would be kept near zero for an extended period of time as the economy reported weak expansion in the first quarter.

US GDP continued on its slow path to recovery as economists reported a 1.8% increase in the first quarter. Overall, USD and carry trades continued on its bearish momentum in the absence of hawkish remarks from the FOMC.

Here’s what we want to focus on for next week:

1. Monday May 2, 2011- 10:00 am- USD ISM Manufacturing PMI
Historical Chart and Data

2. Tuesday May 3, 2011-12:30 am- AUD RBA Rate Statement
Historical Chart and Data

3. Tuesday May 3, 2011- 4:30 am- GBP Manufacturing PMI
Historical Chart and Data

4. Wednesday May 4, 2011-8:15 am- USD ADP Non Farm Employment Change
Historical Chart and Data

5. Wednesday May 4, 2011-10:00 am- USD ISM Non- Manufacturing PMI
Historical Chart and Data

6. Wednesday May 4, 2011-9:30pm- AUD Retail Sales m/m
Historical Chart and Data

7. Thursday May 5, 2011-4:30am- GBP Services PMI
Historical Chart and Data

8. Thursday May 5, 2011-7:00 am- GBP BOE Interest Rate
Historical Chart and Data

9. Thursday May 5, 2011-7:45 am- EUR ECB Interest Rate
Historical Chart and Data

10. Thursday May 5, 2011-10:00am- CAD Ivey PMI
Historical Chart and Data

11. Friday May 6, 2011- 7:00am- CAD Employment Change
Historical Chart and Data

12. Friday May 6, 2011- 8:30am-USD Non Farm Employment Change
Historical Chart and Data

We want to start the week by paying special attention to Monday’s US ISM Manufacturing report becuase a postive outlook remains on U.S exports as well as gains in manufacturer worker employment. Also , EUR and GBP will announce their interest rate statements. Don’t expect any significant gains in either sector as the ECB and MPC will probably try to hold interest rates as well to counteract the rising concerns about inflation.

Finally, on Friday May 6, The US will report the Non Farm Employment Change. Soft numbers are expected in this release mainly because jobless claims rose above 429K, thus showing an increase in filing activity.



Thanks,

 

[Huwee]

Thanks Henry !

Folks,

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

If you don't already have it, 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: 'Henry Liu's Trading Signals'?", click "Subscribe".
4. Open your calendar and it will say "The Calendar 'Henry Liu'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 based on news listed in the FPA calendar and then update every week shortly after Henry releases his weekly review, so you should only need to add the calendar once and from there on you'll get reminders every week to help you trade

Hope this helps,

Huwee.