29 Aug

Economic Calendar

Time Currency Impact Description Previous Forecast Actual
1:00PM EUR Low German  GfK Consumer Climate 10.8 10.8
1:45PM EUR Low French Consumer Spending m/m -0.8% 0.7%
EUR Low French Prelim GDP q/q 0.5% 0.5%
8:00PM USD Low S&P/CS Composite-20 HPI y/y 5.7% 5.6%
9:00PM USD High CB Consumer Confidence 121.1 120.9

News

North Korea fires missile over Japan, sharply escalating tensions

  • North Korea fired a missile that flew over Japan and landed in waters off the northern region of Hokkaido early on Tuesday, South Korean and Japanese official said, marking a sharp escalation of tensions on the Korean peninsula.

Refer: http://www.reuters.com/article/us-storm-harvey-idUSKCN1B7083

Harvey brings death, destruction to Houston as flood waters rise

  • Floodwaters from Topical Storm Harvey, which has already killed at least seven people in Texas and was expected to drive tens of thousands from their homes, will likely rise in the coming days, official warned on Monday as heavy rains continued to pound the U.S. Gulf Coast.

Refer: http://www.reuters.com/article/us-northkorea-missiles-idUSKCN1B8283

Support & Resistant

Resistant

Pivot

Support

R1: 1.1998

1.1957

S1: 1.1931
R2: 1.2023 S2: 1.1890
R3: 1.2064 S3: 1.1864

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