When i see Monday's and Today's economic data of many countries
its hit my mind that global economy health is in dangerous condition
but when i see current global indices which all trade in green more then one percent again
that’s shows global economies health is sound
why this mismatch between economic data and global market ?
Is economic data not play any role for direction of global indices ?
I just tell u something . what’s the theory behind this
In 2012 we start with lots of negative environment all over world everyone said global condition is worst no recovery in 2012 like that we heard by everyone mouth and every small investor was in short side
That time big investor play their game buy that time and a big rally we see in January and all small investor book losses in their short side position and rally in global market we see more then 10% rally this year in Jan month now every where this time positive sentiment and now everyone tell that rally extends in Feb month too
when we see the price of stock in end of 2011 level most of stock run more then 20 t0 50 % in Jan month . Dow-johns and NASDAQ trade 52 week high this time
we ignore all negative news or worst economic data but we positively react with any little positive news in big gains in terms
Just remember last year what happened we react all little negative news with big cut in indices and not react any good economic news or data that time we just react only negative news in deep red
Now this time we behave same like we react all positive news to increase gain in indices . and ignore all negative data's
But very soon we see a big correction in global market .
but it appears in mid Feb
So my advice not to buy this time and not short this time i think 5 to 10 % gains are still left in global markets
that time little consolidation and more then a 20 % correction we see in global markets.
This is the 2 days world Economic data lots of negative in it . as compare to positive
| Time | Cur. | Imp. | Event | Actual | Forecast | Previous | ||
| Monday, January 30 | ||||||||
| 03:00 | EUR | Spanish GDP (QoQ) | -0.3% | -0.3% | 0.0% | |||
| 04:00 | EUR | Italian Business Confidence | 92.1 | 92.0 | 92.5 | |||
| 05:00 | EUR | Business and Consumer Survey | 93.4 | 92.8 | 92.8 | |||
| 08:00 | EUR | German CPI (MoM) | -0.4% | -0.5% | 0.7% | |||
| 08:30 | USD | Personal Spending (MoM) | 0.0% | 0.2% | 0.1% | |||
| 08:30 | USD | Personal Income (MoM) | 0.5% | 0.4% | 0.1% | |||
| 08:30 | USD | Core PCE Price Index (MoM) | 0.2% | 0.1% | 0.1% | |||
| 11:30 | USD | 3-Month Bill Auction | 0.050% | 0.040% | ||||
| 16:45 | NZD | Building Consents (MoM) | 2.1% | 8.0% | -6.2% | |||
| 18:00 | KRW | South Korean Retail Sales (MoM) | -0.2% | 0.2% | -0.6% | |||
| 18:00 | KRW | South Korean Industrial Production (YoY) | 2.8% | 2.1% | 5.8% | |||
| 18:15 | JPY | Manufacturing PMI | 50.7 | 50.2 | ||||
| 18:30 | JPY | Unemployment Rate | 4.6% | 4.5% | 4.5% | |||
| 18:30 | JPY | Household Spending (YoY) | 0.5% | -0.1% | -3.2% | |||
| 18:50 | JPY | Industrial Production (MoM) | 4.0% | 2.9% | -2.7% | |||
| 19:01 | GBP | GfK Consumer Confidence | -29 | -32 | -33 | |||
| 19:30 | AUD | Private Sector Credit (MoM) | 0.3% | 0.3% | 0.3% | |||
| 19:30 | AUD | NAB Business Confidence | 3 | 2 | ||||
| 22:00 | SGD | Singaporean Unemployment Rate | 2.0% | 2.2% | 2.0% | |||
| Tuesday, January 31 | ||||||||
| 00:00 | JPY | Housing Starts (YoY) | -7.3% | -1.5% | -0.3% | |||
| 02:00 | EUR | German Retail Sales (MoM) | -1.4% | 0.8% | -1.0% | |||
| 02:00 | CHF | Consumption Indicator | 0.92 | 0.78 | ||||
| 02:45 | EUR | French PPI (MoM) | -0.1% | 0.1% | 0.4% | |||
| 02:45 | EUR | French Consumer Spending (MoM) | -0.7% | 0.3% | 0.1% | |||
| 03:55 | EUR | German Unemployment Change | -34K | -7K | -25K | |||
| 03:55 | EUR | German Unemployment Rate | 6.7% | 6.8% | 6.8% | |||
| 04:00 | EUR | Italian Monthly Unemployment Rate | 8.9% | 8.7% | 8.8% | |||
| 04:30 | EUR | Spanish Business Confidence | -15 | -21 | -20 | |||
| 04:30 | GBP | Net Lending to Individuals | 0.4B | 1.2B | 1.0B | |||
| 04:30 | GBP | Mortgage Approvals | 53K | 53K | 53K | |||
| 04:30 | GBP | M4 Money Supply (MoM) | -1.4% | 0.3% | -0.5% | |||
| 05:00 | EUR | Italian PPI (MoM) | 0.1% | 0.0% | 0.1% | |||
| 05:00 | EUR | Unemployment Rate | 10.4% | 10.4% | 10.4% | |||
| 06:00 | BRL | Brazilian Industrial Production (YoY) | -1.2% | -1.6% | -2.1% | |||
| 08:30 | USD | Employment Cost Index (QoQ) | 0.4% | 0.4% | 0.3% | |||
| 08:30 | CAD | RMPI (MoM) | -2.4% | 0.2% | 3.8% | |||
| 08:30 | CAD | IPPI (MoM) | -0.7% | 0.1% | 0.3% | |||
| 08:30 | CAD | GDP (MoM) | -0.1% | 0.2% | 0.0% | |||
| 09:00 | USD | S&P/CS Home Price Indices Composite - 20 (YoY) | -3.7% | -3.2% | -3.4% | |||
| 09:45 | USD | Chicago PMI | 60.2 | 63.0 | 62.5 | |||
| 10:00 | USD | CB Consumer Confidence | 61.1 | 68.2 | 64.5 | |||
