{"id":33831,"date":"2012-11-29T05:46:59","date_gmt":"2012-11-29T10:46:59","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/11\/market-review-29-11-12\/"},"modified":"2012-11-29T05:46:59","modified_gmt":"2012-11-29T10:46:59","slug":"market-review-29-11-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/11\/29\/market-review-29-11-12\/","title":{"rendered":"Market Review 29.11.12"},"content":{"rendered":"<p><strong>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">ForexYard<\/a><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/16.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>Higher yielding assets, including the euro, gold and silver, took moderate losses during overnight trading before rebounding during the early morning session.<span><\/span>  Investor concerns regarding a lack of details in the recent Greek bailout agreement and the upcoming US \u201cfiscal cliff, were largely responsible for risk aversion in the market yesterday.<\/p>\n<p>The price of crude oil remained bullish throughout the Asian session.  The US Crude Oil Inventories report, which indicated high demand among American consumers, resulted in the commodity advancing over $1 a barrel since afternoon trading yesterday.<\/p>\n<p><strong>Main News for Today<\/strong><\/p>\n<p>Italian 10-Year Bond Auction<br \/>\n\u2022\tIf the bond auction shows that Italian borrowing costs have gone up, the euro may take losses against its main currency rivals as a result<\/p>\n<p>US Prelim GDP- 13:30 GMT<br \/>\n\u2022\tThe GDP figure is forecasted to come in at 2.8%, which would signal an improvement in the US economic recovery<br \/>\n\u2022\tA higher than expected figure could result in risk taking, which would boost currencies like the euro and<br \/>\nAUD<\/p>\n<p>US Unemployment Claims- 13:30 GMT<br \/>\n\u2022\tThe unemployment claims figure is forecasted to come in at 392K<br \/>\n\u2022\tA lower than expected figure could help the USD vs. the JPY<\/p>\n<p>US Pending Home Sales= 15:00 GMT<br \/>\n\u2022\tPending home sales are forecasted to have increased from 0.3% to 0.9%<br \/>\n\u2022\tA better than expected figure today could help the US dollar against the Japanese yen<\/p>\n<p>Read more forex news on our <a href=\"http:\/\/www.forexyard.com\/blog\/en\/\">forex blog<\/a><\/p>\n<p><strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ForexYard Higher yielding assets, including the euro, gold and silver, took moderate losses during overnight trading before rebounding during the early morning session. Investor concerns regarding a lack of details in the recent Greek bailout agreement and the upcoming US \u201cfiscal cliff, were largely responsible for risk aversion in the market yesterday. The price &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/11\/29\/market-review-29-11-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Market Review 29.11.12&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-33831","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=33831"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/33831\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=33831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=33831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=33831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}