Today`s data (30.08.2004):


08:30 CAD ? Industrail Product Price m/m (Jul) prev. -0.5% for. -0.5%

08:30 CAD ? Raw Materials Price m/m (Jul) prev. -1.7% for. 0.7%

08:30 CAD ? Current Account q2 prev. 9.5B for. 13.3B

08:30 USD ? Personal Income (Jul) prev. 0.2% for. 0.5%

08:30 USD ? Personal Spending (Jul) prev. -0.7 for. 0.7%

08:30 USD ? PCE Deflator y/y (Jul)prev. 2.5% for. 2.4%

08:30 USD ? PCE Core y/y (Jul) prev. 1.5% for. 1.6%

09:00 NZD ? MBNZ Business Confidence (Aug) prev. -12.9%

18:45 NZD ? Building Permits m/m (Jul) prev. 32.4%

19:30 JPY ? PMI Manufacturing (Aug)

19:50 JPY ? Industrial Production m/m (Jul) prev. -1.3% for. 1.1%

19:50 JPY ? Industrial Production y/y (Jul) prev. 8.9% for. 7.3%


WEEKLY REPORT(30.08. - 03.09.2004):

LAST WEEK DECIDEDLY BELONG TO USD. EVERYBODY BUY USD AWAITING TO GOOD DATA FROM USA AND FOR INEXPENSIVE BRENT AND GOLD SAKE. BUT COMING WEEK SHOULD SHOW HOW STRONG USD REALY IS, BECAUSE INFLUENCE ON COURSE WOULD HAVE FOLLOWING ELEMENTS :

- STARTING REPUBLICANS CONVENTION IN NEW YORK CITY, WHICH INCREASE WORRIES ABOUT TERRORISM ATTACKS IN THIS TOWN. IT COULD TO CAUSE RISES BRENT AND GOLD PRICES, WHAT COULD HAVE NEGATIVE INFLUENCE ON USD;

- ENDING WEEK AND WITH THIS GOING TRADERS INTENTION TO BOOK PROFITS FROM LONG POSITION ON USD + NEAR STOPLOSS;

- FRIDAY`S MONTHLY NFP. FORECAST RISE FROM 32 THOUSANDS TO 150 - 160 THOUSANDS . NOW WE COULD HEAR SPECULATIONS ABOUT LOWER VALUE THAN PROSPECTIVE;

- TECHNICAL STRONG OVERBOUGHT USD MARKET AND COURSE WITH OTHERS CURRENCIES IS AT VERY IMPORTANT SUPPORTS AND RESISTANCES;

- REMEMBER IN SUBCONSIOUS ABOUT 11 SEPTEMBER.