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Archive for April 26th, 2012

Trading Diary April 26,2012

April 26th, 2012

Well AAPL and FOMC are behind us and we are looking at the Bank of Japan Meeting tomorrow night which should give us stimulus and a stronger dollar out of them if this bear finally gets a break. Shanghai Comp is down with a lack of RRR cuts and not the best of earnings coming out of their companies.. Shanghai Futures are flat with a little up. One hour left in Asia we have eur/usd at 1.3221, Aud/USD at 1.0374. Tonight there could be talk of BoE adding stimulus after going into recession, yet everything point to them not adding when it runs out. Lots of CPI Inflation data coming out of europe tonight. US Session we have the 7 year auction and weekly claims. China has been releasing earnings also tonight, more missing then beating. NEXT WEEK JAPAN WILL BE CLOSED for holidays, and China has May Day.

April 2012