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The Market is floating before US stimulus plan.

3 Feb 2009

US Market

The US Market open at 8000 and closed at 7936.83 – 64.03 (-0.80%), The market is still waiting for the result of the stimulus plan.

The Forex has strong movement at night

The EUR go down to 1.2700 on US Time and climb back to 1.29 in eastern time
The GBP go down to 1.40547 on US Time and back to 1.4268 in eastern time

The Australia decided to cut 1 % of rate and the AUD once climb up from last night low 0.6250 to 0.6400 in eastern time and current is 0.63706

Japan Market
The Japan Market initial has support after the central bank announced it would purchase up to ¥1 trillion ($11 billion) worth of stocks held by Japanese banks through April 2010.The Nikkei once climb up to 8084 at 12:43 and closed at 7825.51 – 48.47 (-0.62%)

HK Market
The HS Index open at 12963 and closed at 12776 - 84.6 (-0.66%) the turnover volume is 352M.

The 005 closed at 58.00 – 0.5 (-0.855%) turnover 20M
The 3988 closed at 2.01 + 0.02 (1.005%) turnover 264M
The 1398 closed at 3.3 +0.01 (0.304%) turnover 181 M

China market

The Shanghai Market is strong with supporting volume 967M
Closed high at 2060.81 + 49.13 +2.44%

The BOC RMB3.1 +0.98%
The ICBC RMB3.73 +1.91%


Release Reports

US Market

Tuesday, February 3, 2009
7:45 a.m. ICSC Chain Store Sales Index For Jan 31: Previous: -1.8%.
8:55 a.m. Redbook Retail Sales Index For Jan 31: Previous: -2.6%.
10:00 a.m. Dec Pending Home Sales: Expected: 0.0%. Previous: -4.0%.
4:30 p.m. Jan 30 API Oil Industry Report
5:00 p.m. ABC/Wash Post Consumer Conf For Jan 31: Previous: -54.

International
Tuesday, February 3, 2009
2:00 a.m. GER: Dec Retail Trade
4:30 a.m. UK: Jan CIPS Construction PMI
5:00 a.m. EU: Dec PPI
6:00 a.m. FRA: Dec OECD CPI
6:15 p.m. JPN: Jan Svcs PMI
7:01 p.m. UK: Jan Nationwide Consumer Confidence Index
7:01 p.m. UK: Jan REC & KPMG Report on Jobs
N/A JPN Dec: Provisional Labor Survey

Comments

Unknown said…
The unusually high volume of Stock option on 4

Volume
PUT CLI Mar-09 15 5,020
PUT CLI Mar-09 14 5,002
CALL CLI Mar-09 14 5,000
CALL CLI Mar-09 15 5,000
Unknown said…
From the above CLI (China Life Insurance) option, the price may be on $14 to $15 on March.

March will be a fallen month, the HSI bottom will be on 9000 to 11000.

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