Dec27 2007 commentaries

[lohchang]

Seems like Today's economic releases is not favorable and actually it is worse than expected.
Forecast
US Durable goods order (2.0%), US Durable ex transportation (0.5%), US Initial jobless claims (338k)
Actual
US Durable goods order (0.1%), US Durable ex transportation (-0.7%), US Initial jobless claims (349k)
US indexes and USD are likely to fall and JPY to strengthen tracking capital markets.

Only hope for now is Consumer confidence release at 10AM EST.

Good luck trading everyone.

[lohchang]

US Consumer confidence are higher than expected, but unable to weather previous economic releases leading US capital markets to fall, but we should see capital markets recover by late session.


Good luck trading everyone.