Finotec News Archive - November 7 2007

Commodities News

Crude Oil slips after record $98 - Despite, yesterdays drop in crude oil the target of 100$ per barrel is still remains.

Gold target 850$ - gold spot hit a high of $845.40 an ounce

Forex Pairs Daily Analysis

EUR/USD - Fail to break support level 1.4615 will be strong buy signal

USD/JPY - Fail to break resistance level 113.25 will be strong sell signal

Forex Daily Analysis

The market is nervous, today BoE and ECB interest rate announcement - correction expected till the support level of 1.4615$ but the level of 1.50$ seems to be reachable in the short term

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Event Date

Consumer Spending m/m(EUR)	21.11.2008 07:45
Manufacturing PMI(EUR)	21.11.2008 08:00
Services PMI(EUR)	21.11.2008 08:00
Manufacturing PMI(EUR)	21.11.2008 08:30
Services PMI(EUR)	21.11.2008 08:30
Manufacturing PMI(EUR)	21.11.2008 09:00
Services PMI(EUR)	21.11.2008 09:00
Italian Retail Sales m/m(EUR)	21.11.2008 09:00
Core CPI m/m(CAD)	21.11.2008 12:00
CPI m/m(CAD)	21.11.2008 12:00

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