The Allstate Corporation The property and casualty insurer reported a third-quarter net loss of $923M, or $1.71 a share, as it paid big hurricane-related claims and realized more than $1B of pre-tax investment losses.

Amgen Inc The world's largest biotechnology company said third-quarter profit rose more than fivefold as sales of its anemia drugs increased.

Amazon.com, Inc The world's largest Internet retailer said its full-year sales and operating income wouldn't meet forecasts.

Bristol-Myers Squibb Company The drugmaker said its third-quarter profit tripled to $2.6B, or 46 cents per share, beating expectations on the rising sales of wound care business.

The Dow Chemical Company The largest U.S. chemical maker said its third-quarter profit edged up 6% to $428M as price hikes offset the soaring costs of raw materials and energy.

Goldman Sachs Group, Inc The investment bank, is readying a job cut of 10%, or 3,250 workers, people familiar with the matter told The Wall Street Journal.

Xerox Corporation The world's largest maker of high-speed color printers forecast profit this quarter below analysts' estimates.

The stock market extends its losses as Dow Jones reports that sellers of credit protection of the default of Washington Mutual (WM) will have to pay 43 cents on the dollar, which was worse than expected.
The Nasdaq took out its multi-year intraday low that was hit on October 10.
Traders will be keeping a close eye on 839.80 for the S&P 500, which is its multi-year intraday low that was reached on Oct. 10. It is currently about 3.4% above that level.

Crude oil has relinquished most of its morning gains, trades at $67.33, up $0.59 ahead of the NYMEX floor session close and after trading a broad $65.90/69.41 range on the day.

The major indices remain markedly lower. Stocks have been bouncing along for the last hour, slipping to new session lows, recovering, then falling again.
As concerns of tighter credit and slower economic growth grip international investors, many are pulling funds from developing economies. That has the dollar finding buyers, despite weakness in U.S. assets. The dollar index is up 0.2%, bringing its year-to-date advance to 11.5%.

The yen fell from the highest level against the euro since 2002 on speculation a rebound in stocks will slow the selling of higher-yielding assets funded by low- cost loans in Japan's currency.
``Yen crosses are tracking equities,'' said John McCarthy, director of currency trading at ING Financial Markets LLC in New York. ``Some buyers may come in at a certain point after big one-way sell-offs in the past few days.''
The Standard & Poor's 500 Index rose 2.1 percent, rebounding from a five-year low, as higher crude oil prices boosted energy shares.
The euro has lost 20 percent versus the dollar since touching the all-time high of $1.6038 on July 15. The European economy may be headed for a recession that could last two to three years, Finland's Finance Minister Jyrki Katainen said yesterday in an interview on Bloomberg Television.
Net selling of European stocks among institutional investors has been three times higher than average over the past year, and foreign investors account for most of the sales, according to Samarjit Shankar, director of strategy for the global markets group in Boston at Bank of New York Mellon, the world's largest custodial bank, with more than $23 trillion in assets under administration.
Sterling slid to the lowest level against the dollar in more than five years after the Office for National Statistics said today that retail sales in the U.K. declined 0.4 percent last month after rising 1.1 percent in August.

Stocks are on the retreat again. The Nasdaq has fallen to a new session low, but the Dow and the S&P 500 are resisting earlier lows when they each traded with a 1.5% loss.
There is no clear news item behind the move, but it has induced buying in Treasuries. The 10-year Note is now up 4 ticks after being down for much of the session.

"The week of the 18th is also a survey week for the employment report. A survey week comparison reveals that initial claims increased by 20,000. The labor market is quite weak. Our preliminary projection is that October payrolls decline by 170,000 and that the unemployment rate rises to 6.3%."

Stocks have pulled back from their early session highs, when the S&P 500 was sporting a 2.9% gain. Still, the S&P 500 is well off its session low, when it traded with a 1.5% loss.
The financial sector (+0.2%) has failed to register the solid gains of the the other major economic sectors. Major diversified financial services companies (+1.1%) like JPMorgan Chase (JPM 37.59, +0.42) and Bank of America (BAC 22.96, +0.30) are trying to provide leadership, but the likes of Allstate (ALL 27.50, -0.73) and Goldman Sachs (GS 108.39, -6.32) are holding the sector back.
Allstate posted a loss of $0.35 per share for its most recent quarter after experiencing a 19% year-over-year drop in revenue. The insurer also had its outlook revised lower to Negative from Stable by Standard & Poor's. Meanwhile, Goldman is planning to cut around 10% of its workforce, according to reports.

Managed to post a quick recovery back on to a $1.62 handle after extending five-year lows to $1.6046. Retracement levels of the sell-off from $1.6346 noted at $1.6200, $1.6230 and $1.6275. On the downside, little is seen in the way of major support ahead of the long-term 50% retracement level of the 1985-2007 upswing at $1.5770.

Will take some time to see the results of measure.

Stocks have climbed to new session highs. Energy (+6.0%) remains the best performer, but the utilities sector (+5.5%) is not far behind.
Electricity generation, wholesaler, and retailer Southern Company (SO 35.84, +2.26) is advancing with marked gains as investors digest its latest financial results. Though its earnings were a penny shy of the consensus estimate of $1.02 per share, Southern saw revenue grow 12% year-over-year and net income increase 2% from the prior year.
Driving revenue growth were increased retail rates and market-response rates to industrial customers. Income failed to keep up with revenue growth due to depreciation associated with increased investment. Southern noted the investments were needed to produce cleaner energy and maintain reliability.

Traders said that mining sector is under pressure on worries about exposure to metals demand from the slowing emerging markets. Financials are lower on concerns about state of hedge funds. CAC-40 is down 106pts (-3.22%), Xetra-DAX is dpwm -194pts (-4.26%) and FTSE-100 is down 102pts (-2.53%).

In the Report, the Bank noted that three major interrelated global developments are having a profound impact on the Canadian economy and making the outlook for growth and inflation more uncertain than it was at the time of the July Monetary Policy Report Update. First, the intensification of the global financial crisis has led to severe strains in financial markets. The associated need for the global banking sector to continue to reduce leverage will restrain growth for some time. Second, the global economy appears to be heading into a mild recession, led by a U.S. economy that is already in recession. Third, there have been sharp declines in many commodity prices.
The Bank projects average annual growth in real GDP of 0.6 per cent in both 2008 and 2009, and 3.4 per cent in 2010.
With excess supply projected to build throughout 2009, and with lower assumed energy prices, inflationary pressures will ease significantly relative to the projection in the July Monetary Policy Report Update. Core inflation is now projected to remain below 2 per cent until the end of 2010. Total CPI inflation should peak during the third quarter of 2008, fall below 1 per cent in mid-2009, and then return to the 2 per cent target by the end of 2010.
In line with the new outlook, some further monetary stimulus will likely be required to achieve the 2 per cent inflation target over the medium term. The evolution of the financial crisis, its impact on the global economy, and the timing of the effects of the various extraordinary measures being taken to address it pose significant risks to the inflation projection on both the upside and the downside.

"With the impact of the hurricanes largely behind us, these unemploy claims data point to a deterioration in underlying labor market conditions early in the fourth quarter. The rise in continuing claims suggests that the unemployment rate moved higher in October."

The major indices extended their downturn, but pulled up before hitting this week's low point, which was registered late in the previous session. Stocks have since made an upward move, lifting the Dow and S&P 500 back into positive ground.
The major indices continue to show losses for the week. At their current levels, the Dow has shed 4.2% this week, while the Nasdaq is down 6.5% this week and the S&P 500 is off by 5.3% this week.
The consumer discretionary sector has fared the poorest week-to-date; it is down 8.0% during that time. Fears of a prolonged global recession have investors moving out of the sector as revenue and earnings prospects for its businesses dim. The notion that consumers will be spending less amid higher unemployment, tighter credit, and tumultuous financial markets has unnerved investors.

- Oil demand gone down considerably - Opec cut is needed
- Any fall under $80 will hit 2009 budget
- May have to reconsider proposed 2009 budget
- Opec could cut output in stages
- Oil price drop will not affect oil bid round, second bid round in Dec

S&P futures vs fair value: -1.00. Nasdaq futures vs fair value: -10.80.

Dow futures are off 77 points though were off 100+ a short while ago. Nasdaq futures are down 14.

Slippage into US trade is so far contained ahead of the European base at $1.2780, where traders noted decent demand to buy the dipthis morning. A break would expose the Asian base at $1.2726, with barrier protection then noted into $1.2700. Offers back at $1.2850/60.

WTI Nymex crude oil fell to $66.45 on comments from Saudi oil minister saying oil prices are determined by the market, before bouncing back to $66.90, up 15 cents.

Global recessionary fears dominated the market headlines in the Wednesday session, with US equity bourses posting steep losses, crude oil slumping beneath the $70 per barrel level to $67.12 and spot gold at a one-year low to $774.57 per ounce. The greenback and yen benefited from continued safe-haven flows, posting steep gains versus the euro and sterling.

The dollar surged to 1.2737 against the euro for the first time since November 2006. Although the FOMC will likely cut rates by 50-basis points to 1.0% when it meets next week, markets anticipate more aggressive policy easing from the ECB in the near-term to support the struggling economy.

The pound traded near its lowest level in more than five years against the dollar as reports showed declining retail sales and home-loan approvals, adding to evidence the U.K. is on the brink of a recession.
The pound slid after the Office for National Statistics said retail sales fell 0.4 percent in September from August and the British Bankers' Association reported a 57 percent slump in mortgage approvals last month compared with a year earlier.
``The line of least resistance is a weaker pound in a generally dollar-bullish environment,'' said Russell Jones, head of fixed-income and currency research in London at RBC Capital Markets. ``The pound came a long way. That's quite a rare occurrence.''
The euro declined as ECB's Gonzalez-Paramo told the Irish Independent newspaper in an interview today the bank expects ``inflation to come down more quickly than a month ago as a result of slower growth, lower commodity prices.''
The currency advanced for a seventh day as on bets the European Central Bank will favor interest-rate cuts to support the 15-nation economy. The Wall Street Journal reported the U.S. may spend $40 billion to prevent more home foreclosures, citing a person familiar with the plan. The yen trimmed gains as U.S. stock futures climbed and Asian stocks pared losses.

EUR/USD it was consolidated within the limits of $1,2720-$ 1,2855. Offers $1.2850/60, $1.2920. Bids $1.2780, $1.2720/00.
GBP/USD has become stronger from area of a session low on $1,6155 in area $1,6330 then has again decreased in area $1,6170.
USD/JPY having established a session low on Y96,83, the pair has receded in area Y98,20. Later the rate has again receded below level Y98,00.

US data starts at 1230GMT with the weekly jobless claims, which are expected to rise 9,000 to 470,000 in the October 18 employment survey week. There were 458,000 claims in the September 13 employment survey week. That is followed by further US data including the OFHEO Home Price
Index at 1400GMT, the weekly natural gas stocks at 1435GMT and M2 Money Supply at 2030GMT.

Resistance 3: Y99160
Resistance 2: Y99.00
Resistance 1: Y98.20
Current price: Y97.69
Support 1: Y96.80
Support 2: Y96.00
Support 3: Y95.70
Comments: The pair continues to be consolidated in the field of the reached levels. Resistance is presented by levels FIBO of falling Y102,40-Y96,80: Y98,20 (23,6 %, and also area of a sessional maximum), Y99,00 (38,2 %) and Y99,60 (50,0 %). The nearest level of support is the area of a sessional minimum on Y96,80, below possible falling to Y96,00 then there is possible testing Y95,70 (a minimum on March, 17th).

Resistance 3: Chf1.1830
Resistance 2: Chf1.1780
Resistance 1: Chf1.1700
Current price: Chf1.1650
Support 1: Chf1.1580
Support 2: Chf1.1400
Support 3: Chf1.1350
Comments: The rate bargains near former levels. The nearest resistance is located in the field of session and yesterday's high on Chf1,1700, above is located the high of October 21 2007 on Chf1.1780. Overcoming of the given mark will open road to the top border of the ascending channel since July 17 on Chf1,1830. Support is located in the field of session low Chf1.1580. Overcoming of the given mark will open road to former resistance Chf1.1400. Below there is a chance of return to area Chf1.1350 where there is a bottom border of the channel and in area of minima 14, 15, on October, 16th and 17 Chf1.1270/90.

Resistance 3: $1.6660
Resistance 2: $1.6460
Resistance 1: $1.6320
Current price: $1.6237
Support 1: $1.6130
Support 2: $1.5960
Support 3: $1.5870
Comments: Tech on pound hasn't changed. As the nearest support acts the area of a yesterday's low on $1,6130. The area $1.5960/70 represents 100 % of a projection $2.0135/1.7445 and 200 % $1.8795/1.7445. $1.5770 are 100 % a projection of decrease in September-October, and $1.5610 represents a low August-September, 2003. Resistance is in area of a sessionn high on $1.6320. Above is possible restoration to $1,6460 and further to $1,6660 (23,6 % and 38.2 % FIBO of falling $1,7520-$ 1,6130.

Resistance 3:$1.3040
Resistance 2: $1.2920
Resistance 1: $1.2860
Current price: $1.2846
Support 1: $1.2750
Support 2: $1.2680
Support 3: $1.2470
Comments: The pair has receded from the low reached in the morning, but as a whole the tech hasn't changed. The nearest support is presented by area of session and yesterday's lows on $1,2730/50. In the field of $1.2680/60 there are low of October-November 2006. The area of low of second half of 2006 $1.2480/60 in our opinion is represented a ultimate goal of current movement. The area of a session high on $1.2860 is intermediate resistance. Above the purpose of growth becomes a level $1,920 (23,6 % FIBO of falling $1,3530-1,2730 $). Overcoming of the given mark will open road to $1,3040 (38,2 %).

USD/JPY Y103.70, Y102.60, Y101.50, Y101.40, Y100.85, Y100.00, Y99.40, Y99.30
EUR/USD $1.3500

The dollar rose to the highest against the euro in almost two years on speculation the U.S. government will increase support for the housing market.
The currency advanced for a seventh day as on bets the European Central Bank will favor interest-rate cuts to support the 15-nation economy. The Wall Street Journal reported the U.S. may spend $40 billion to prevent more home foreclosures, citing a person familiar with the plan. The yen trimmed gains as U.S. stock futures climbed and Asian stocks pared losses.
The greenback advanced against 10 of the 16 most-active currencies as Standard & Poor's 500 Index futures rose 1.5 percent following a 5.9 percent decline yesterday. South Korea's won dropped 3.3 percent to 1,408.90 and Taiwan's dollar slipped 0.9 percent to NT$33.260.
Treasury Secretary Henry Paulson said this week that he aims to intensify efforts to stem foreclosures by using part of the government's $700 billion financial-rescue fund.
The seven-day drop in the common European currency was the longest stretch since Sept. 8. ECB Executive Board member Jose Manuel Gonzalez-Paramo signaled lower borrowing costs. The British pound declined to near a five-year low on speculation U.K. consumer spending shrank and the economy slowed.
The euro declined as ECB's Gonzalez-Paramo told the Irish Independent newspaper in an interview today the bank expects ``inflation to come down more quickly than a month ago as a result of slower growth, lower commodity prices.''
Investors are betting the ECB will lower borrowing costs by another half-percentage point by June after cutting the main refinancing rate by a half point to 3.75 percent on Oct. 8, part of coordinated reductions by major central banks.

EUR/USD it was consolidated within the limits of $1,2720-$ 1,2855.
GBP/USD has become stronger from area of a session low on $1,6155 in area $1,6330.
USD/JPY having established a session low on Y96,83, the pair has receded in area Y98,20.

UK data at 0830GMT sees BBA net mortgage lending and retail sales data for September, which are expected to come in at -0.9% m/m, 1.9% y/y.
At 0900GMT Eurozone August industrial new orders are due to come in at 0.3% m/m, -0.3% y/y.
US data starts at 1230GMT with the weekly jobless claims, which are expected to rise 9,000 to 470,000 in the October 18 employment survey week. There were 458,000 claims in the September 13 employment survey week. That is followed by further US data including the OFHEO Home Price
Index at 1400GMT, the weekly natural gas stocks at 1435GMT and M2 Money Supply at 2030GMT.

Japan stocks plunged, driving the Topix index down more than 7 percent for the fourth time in two weeks, on concern the slowing global economy will weigh on profits and as the tumbling euro cut the value of European sales.
Mitsubishi UFJ Financial Group Inc., Japan's largest listed bank, sank 8.8 percent on a report the lender's six-month earnings probably dropped by half. NEC Electronics Corp. tumbled by a record 20 percent after reversing its forecast to a loss.
The Nikkei 225 Stock Average dropped 631.56, or 6.8 percent, to close at 8,674.69 in Tokyo, its first retreat since Oct. 16. The broader Topix fell 67.41, or 7.1 percent, to 889.23. The benchmarks widened their losses in the afternoon as the yen extended its gain against the euro and dollar.
First-half profit at Mitsubishi UFJ will likely drop about 50 percent because of an increase in bad-loan costs and writedowns on shareholdings, the Nikkei newspaper said today. Rivals Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. may post earnings that are lower than their estimates, Nikkei said.
Mitsubishi UFJ fell 8.8 percent to 774 yen, while closest rival Mizuho dived 8.5 percent to 334,000 yen. Sumitomo Mitsui, Japan's third-biggest listed bank by assets, dropped 8 percent to 505,000 yen. Banks contributed the most to the Topix's decline, followed by electronics makers.
Sony, the world's largest maker of home video-game consoles, lost 9.3 percent to 2,450 yen. Endoscope maker Olympus Corp., which counts Europe as its biggest overseas market, stumbled 11 percent to 2,135 yen.
NEC Electronics, the nation's third-biggest chipmaker, plunged 20 percent to 1,210 yen, the steepest drop since it listed on the bourse in July 2003. The company yesterday said it will probably have a net loss of 8 billion yen in the year to March 31 because demand for semiconductors slumped. The company had previously forecast it would break even this year.
NEC Corp., the parent of the chipmaker, tumbled 11 percent to 330 yen, while Advantest Corp., the world's biggest maker of memory-chip testers, plunged 11 percent to 1,338 yen.

European stocks fell for a second day, led by banks and commodity producers, on concern the global economic slump will snuff out profit growth.
National benchmark indexes fell in all 18 western European markets except for Iceland. The U.K.'s FTSE 100 retreated 4.5 percent, as did Germany's DAX. France's CAC 40 sank 5.1 percent, with Schneider Electric SA dropping 8.2 percent as sales slowed in Asia.
Royal Bank of Scotland, Britain's second-largest bank, slid 14 percent to 68.3 pence. Barclays Plc, the U.K.'s second- biggest, dropped 7.4 percent to 224.5 pence. Prudential Plc, an insurer, slipped 4.5 percent to 333 pence.
The U.K. currency fell to $1.6260, the lowest level since September 2003. The yield on the two-year gilt dropped 7 basis points to 3.37 percent.
Bank of England policy makers voted unanimously to lower the benchmark rate by the most since 2001 in an emergency meeting this month, minutes from the meeting showed.
The cost of protecting European corporate bonds from default rose today, according to traders of credit-default swaps. Contracts on the Markit iTraxx Crossover Index of 50 companies with mostly high-risk, high-yield credit ratings increased 20 basis points to 790 after opening at a record 795, according to JPMorgan Chase & Co.
BHP Billiton slid 9 percent to 880 pence as it said ``uncertainty'' will persist in China after the economy grew at its slowest pace in five years last quarter.
Anglo American Plc, the world's fourth-biggest diversified mining company, lost 8.1 percent to 1,275 pence.
Copper fell for a third straight day in London as a slowdown in world economic growth reduces demand. Copper slipped 6.6 percent to $4,200 a metric ton in London.
Total dropped 6.2 percent to 36.86 euros. Crude for December delivery declined as much as $4.13, or 5.7 percent, to $68.05 a barrel in New York. It reached a record $147.27 on July 11.
Oerlikon tumbled 18 percent to 95.55 francs after reporting a fall in nine-month sales of 7.4 percent to 3.77 billion francs ($3.24 billion) as Asian investment in textile equipment waned. This fell short of the 3.83 billion francs from five analysts surveyed by Bloomberg.

Global economic concerns and worries over corporate earnings sank stocks for the second straight session.
The S&P 500 spent the entire session in negative territory, falling 6.1% to its lowest closing level in five years. Weakness was broad-based with 478 of the S&P 500 components posting a loss, although volume was on the light side when considering the scope of this session's move.
Similar to Tuesday, the majority of companies (56%) reported better-than-expected earnings for the latest quarter, but outlooks were negative. Of the companies that issued earnings guidance with their quarterly reports, 39% were negative, 29% were in-line, 24% were mixed and only 7% were positive.
A few of the more widely-held names that topped earnings estimates include Apple (+5.08), McDonald's (-0.67), Merck (-6.51) and Phillip Morris International (-1.22). Of note, Merck plans to cut 7,200 jobs, or 13% of its workforce.
Yahoo! (+0.32) reported a profit drop that met estimates, and said it plans to lay off 1,500, or 10% of its workforce.
AT&T (-1.80) and Boeing (-3.37) are two of the bigger names that missed earnings estimates.
All ten of the economic sectors posted a loss, ranging from -10.4% (energy) and -3.8% (consumer staples).
A sharp drop in crude prices in conjunction with disappointing earnings from ConocoPhillips (-4.90) and Baker Hughes (-8.52) caused a 10.4% decline in energy stocks.
On related note, the material sector fell 8.3% as copper prices plunged 9.7%.
The defensive-oriented consumer staples sector outperformed on a relative basis with a decline of 3.8%.
The dollar rallied for the third straight session, with today's gains fueled by weakness in overseas markets and Bank of England Governor King saying that a U.K. recession seems likely. The DJ World Index excluding U.S. dropped 6.8%.
The strength in the dollar and global economic fears sparked a broad-based sell-off in commodities (-4.5%). Crude oil prices plunged 7.4% to $66.84, with selling interest compounded by the fourth straight weekly increase in inventory levels.
As stocks and commodities faltered, the long end of the Treasury curve rallied as investors sought safety. The benchmark 10-year note climbed more than a point to push its yield down to 3.60%.

WTI Nymex crude oil trades little changed at $67.30, up 55 cents, despite call from Opec President saying "does not rule out cutting output immediately". Prices fell to $66.64 overnight and traded as low as $66.20 on Wednesday.

Resistance 3: Y99160
Resistance 2: Y99.00
Resistance 1: Y98.20
Current price: Y97.33
Support 1: Y96.80
Support 2: Y96.00
Support 3: Y95.70
Comments: The pair was corrected from the reached minima. Resistance is presented by levels FIBO of falling Y102,40-Y96,80: Y98,20 (23,6 %, and also area of a sessional maximum), Y99,00 (38,2 %) and Y99,60 (50,0 %). The nearest level of support is the area of a sessional minimum on Y96,80, below possible falling to Y96,00 then there is possible testing Y95,70 (a minimum on March, 17th).

Resistance 3: Chf1.1830
Resistance 2: Chf1.1780
Resistance 1: Chf1.1700
Current price: Chf1.1675
Support 1: Chf1.1580
Support 2: Chf1.1400
Support 3: Chf1.1350
Comments: The pair is consolidated after yesterday's movement. The nearest resistance is located in the field of session and yesterday's high on Chf1,1700, above is located the high of October 21 2007 on Chf1.1780. Overcoming of the given mark will open road to the top border of the ascending channel since July 17 on Chf1,1830. Support is located in the field of session low Chf1.1580. Overcoming of the given mark will open road to former resistance Chf1.1400. Below there is a chance of return to area Chf1.1350 where there is a bottom border of the channel and in area of minima 14, 15, on October, 16th and 17 Chf1.1270/90.

Resistance 3: $1.6660
Resistance 2: $1.6460
Resistance 1: $1.6320
Current price: $1.6293
Support 1: $1.6130
Support 2: $1.5960
Support 3: $1.5870
Comments: The rate is consolidated after yesterday's falling. As the nearest support acts the area of a yesterday's low on $1,6130. The area $1.5960/70 represents 100 % of a projection $2.0135/1.7445 and 200 % $1.8795/1.7445. $1.5770 are 100 % a projection of decrease in September-October, and $1.5610 represents a low August-September, 2003. Resistance is in area of a sessionn high on $1.6320. Above is possible restoration to $1,6460 and further to $1,6660 (23,6 % and 38.2 % FIBO of falling $1,7520-$ 1,6130.

Resistance 3:$1.3040
Resistance 2: $1.2920
Resistance 1: $1.2860
Current price: $1.2809
Support 1: $1.2750
Support 2: $1.2680
Support 3: $1.2470
Comments: Today the pair has updated a 20-month's low. The nearest support is presented by area of session and yesterday's lows on $1,2730/50. In the field of $1.2680/60 there are low of October-November 2006. The area of low of second half of 2006 $1.2480/60 in our opinion is represented a ultimate goal of current movement. The area of a session high on $1.2860 is intermediate resistance. Above the purpose of growth becomes a level $1,920 (23,6 % FIBO of falling $1,3530-1,2730 $). Overcoming of the given mark will open road to $1,3040 (38,2 %).

High Low Close
EUR/USD 1.3077 1.2743 1.2823
USD/JPY 100.56 97.20 98.00
GBP/USD 1.6717 1.6135 1.6220
USD/CHF 1.1711 1.1506 1.1644

EUR/JPY 131.45 124.70 125.70
EUR/GBP 0.7954 0.7809 0.7906
GBP/JPY 167.94 157.83 158.85
GBP/CHF 1.9254 1.8810 1.8887

Change % Change Last
Nikkei -631.56 -6.8% 8 674.69
Topix -67.41 -7.1% 889.23
FTSE -188.84 -4.46% 4,040.89
DAX -213.34 -4.46% 4,571.07
CAC -177.22 -5.10% 3,298.18
Dow -514.45 -5.69% 8,519.21
NASDAQ -80.93 -4.77% 1,615.75
S&P -58.27 -6.10% 896.78
10yr Note -0.8500 -0.230% 3.618%
NYMEX Crude Oil -5.43 -7.52% 66.75
Gold -32.80 -4.27% 735.20

08:00 Е15 Current account (August) unadjusted, bln -1,1
08:00 Е15 Current account (August) adjusted, bln -1,7
08:30 UK Retail sales (September), YoY 3.3%
08:30 UK Retail sales (September) 1.2%
08:30 UK BBA Net Mortgage Lending (Sep), bln 2,1
09:00 Е15 Industrial orders (August) Y/Y 3,8% 1,6%
09:00 Е15 Industrial orders (August) -0,3% 1,0%
12:30 USA Jobless claims (week to 18.10) 475К 461К
14:00 USA Housing Price Index (MoM) (Aug) -0,6%
14:30 Canada Bank of Canada Monetary Policy Report
20:30 USA M2 money supply (13.10), bln -31,9