How will the Retail Sales data influence the US Dollar exchange rate?

The USA’ Retail Sales data declined in May for the first time over the last 11 months.

 

Car sales declined dramatically after the earthquake in Japan. May’s sales declined by 0,2% while in April there was a 0.3% increase. Nevertheless, the data turned out to be better than expected as the index had been expected to show a 0.7% decline.

In general, the Retail Sales report shows an unfavorable picture in the US consumer market. The population is trying to cut spending in response to the recent economic decline. However, the Core Retail Sales value (excluding the sales of cars, gasoline and building materials) gained 0.2% in May after growing by 0.35 in April.

S&P500: overview in terms of volatility trading

During the last week the US stock market kept declining. The main reasons were the weak macroeconomic statistics and the threat of default (the Republicans still refuse to increase the debt limit). By now the futures of S&P500 have come close to the cluster of support levels – the 200-day MA (1255), the option barrier 1250 and the local low 1241.25 – which may weaken the bearish sentiments. However traders should bear in mind that the forthcoming movement direction will be determined mainly by political and macroeconomic factors, not by technical ones. If S&P500 starts a rally it will encounter resistance around 1300, 1350, 1400(the 50-day MA) and 1373.5 (the high of the year).

For investors: how close are scientists to creating alternatives to oil?

Investment news, USA. American scientists have recently announced to the world a sensational piece of news, which was at once picked up by leading news agencies: an effective and, more importantly, cheap way of generating hydrogen from water has been developed. Fuel received as a result of experiments may well be used for everyday energy needs.

The main point of the breakthrough, made by a group of specialists under the guidance of a professor of Massachusetts Institute of Technology (MIT) Daniel Nocera, is that being exposed to sun rays, immersed into water and covered with a special cobalt and phosphates solution artificial silicone “sheet” favours generating hydrogen from water. Hydrogen is the source of energy as such:
• conducted research. Experiments on breaking water molecules have been conducted earlier, but they were very labour-consuming and costly, plus absolutely pure water was required for this. At the same time Nocera claims that he can “make” hydrogen quickly, cheaply, and from any quality water. In other words, invented by his team installation can operate at any private household.
• trialsample. However, scientists, as they personally admit, still need to update their device for some time in order to make it more compact (at least to make it of the size of a refrigerator) and improve the mechanism of waste gases disposal.

A.Lukashenko confirms Masterforex-V’s forecast. Will the world see the next wave of the global crisis?

The 2^nd wave of the global crisis has been discussed in the world media for 2 years. In this respect Masterforex-V’s forecast look fairly interesting. According to the forecast, which was made in late 2009, the 2^nd wave of the global crisis will probably start shortly after the devaluation of the Belarusian Ruble. The sensation is that 1.5 later Alexander Lukashenko, President of Belarus, practically confirmed the thesis. After the sharp devaluation of the Belarusian Ruble and considerable price hikes he said that Belarus was hit by the 2^nd wave of the crisis.

What did Masterforex-V Academy and Market Leader warn the world about?