{"id":9182,"date":"2010-05-06T08:10:09","date_gmt":"2010-05-06T12:10:09","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9182"},"modified":"2010-05-06T08:10:09","modified_gmt":"2010-05-06T12:10:09","slug":"european-fiscal-problems-overshadow-positive-u-s-economic-data","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/06\/european-fiscal-problems-overshadow-positive-u-s-economic-data\/","title":{"rendered":"European Fiscal Problems Overshadow Positive U.S. Economic Data"},"content":{"rendered":"<p><strong>By Ashley Smith<\/strong> &#8211; Euro-Zone debt concerns will likely continue to influence the markets  today. Investors should also pay attention to the results of the U.K  election as it will have a major impact on the Pound.<\/p>\n<p>A conservative victory will likely  support the currency. Investors should also keep an eye on the ECB rate  statement. While the European interest rates will likely remain  unchanged, the accompanying statement should shed light on the current  sovereign debt crisis as well as provide a future outlook for the  region.<\/p>\n<p>Also today there is a speech by Fed Chairman Ben Bernanke at 13:30.  As with the ECB statement, investors should pay attention to any signals  as to the future of monetary policy tightening and interest rate hikes.<\/p>\n<p>The U.S Unemployment Claims are published today at 12:30 GMT, while  they are not expected to provide much volatility, the data will be  useful ahead of tomorrow\u2019s release of the Non Farm Payrolls data.<\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex                               Yard.<\/strong><\/a><\/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>By Ashley Smith &#8211; Euro-Zone debt concerns will likely continue to influence the markets today. Investors should also pay attention to the results of the U.K election as it will have a major impact on the Pound. A conservative victory will likely support the currency. Investors should also keep an eye on the ECB rate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/05\/06\/european-fiscal-problems-overshadow-positive-u-s-economic-data\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;European Fiscal Problems Overshadow Positive U.S. Economic Data&#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-9182","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=9182"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9182\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}