حزب التحرير

Thursday, March 19, 2009

ASIA OUTLOOK 19 Maret 2009

EUR still on the rise after Fed's decision
to broaden quantitative easing, with EUR/USD going over 1.35 for its highest
level since Jan. 9; now at 1.3522 vs 1.3480 late in NY, having gone briefly as
far as 1.3533. USD/JPY meanwhile falls below 96 for its lowest mark since Feb.
24; now at 95.90 vs 96.21 in NY.

EUR/JPY at 129.72, vs 129.70 in NY. Stocks
have positive cue from Wall Street, which gained on Fed news; NZ shares +0.5%.
Watch for rise too in government bonds as Treasurys rallied; 10-year yield had
its biggest fall in two decades. Data include Japan All Industry Index 2350
GMT, RBA Bulletin 0030 GMT; Aussie dwelling unit commencements 0030 GMT, plus
international merchandise imports, with HK trade 0830 GMT. Weekly India WPI
0630 GMT. BOJ monthly report due.

Europe has Italy trade, UK public sector
finances and U.S. has weekly jobless claims, Philly Fed index.(RXM)

No comments: