Friday, January 20, 2012

Daily Trading Stance - Asia Jan 20 (Click link to view)


 EUR and risk pushed higher overnight following strong French and Spanish auctions, anticipation that a Greek PSI deal is nearer and strong US jobs data
 Weekly US jobless claims at lowest in almost 4 years (but last week’s revised marginally higher)
 Last trading day before the long lunar new year weekend for most of Asia so there is a risk of a quiet session
 The next edition of the DTS will be on Mon January 30 – Gong Xi Fa Cai

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