Economic Data 20 Jan 2011
USD Existing Home Sales 5.28M 4.88M 4.70M
USD Philly Fed Manufacturing Index 19.3 20.7 20.8
USD CB Leading Index m/m 1.0% 0.7% 1.1%
USD Natural Gas Storage -243B -223B -138B
USD Crude Oil Inventories 2.6M -1.1M -2.2M
USA
Stocks closed far off the lows of the session, with the broad market ending largely flat, as investors weighed mixed earnings and economic reports and tech stocks sank for a second day.
CHINA
Asian stocks dropped on Thursday after stronger-than-expected economic growth in China raised the probability of tighter monetary policy in the country.
GOLD
Gold prices fell to settle below $1,347 an ounce on Thursday,as the dollar rose broadly, and investment demand waned.
Gold's slide and losses in other commodities also weighed on silver, which slipped nearly 5 percent to a seven-week low.
OIL
Oil prices slumped about 2 percent Thursday on a sell-off sparked by an unexpected rise in U.S. crude stockpiles and worries that China might tighten monetary policy to fight inflation
The steep drop in prices came as investors liquidated positions on the front-month U.S. February crude contract, which expired at the close, overshadowng upbeat U.S. economic data on jobs and housing.
Crude oil fell along with a sell-off in a broad array of commodities and equities. The slide followed a report by China that its economy grew 9.8 percent in the fourth quarter, even faster than expected, while inflation barely
Overall i still thinks that the Asian Market today for Hangseng will Rise up again , Base on my simple RSI explanations