Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


18.01.2012 08:14

Forex: Tuesday’s review

Yesterday the euro rose for the first time in three days against the dollar and the yen after a successful auction of bonds of Belgium and the European Foundation for financial stability, as well as record growth of German economic sentiment index. Data were published by the German institute ZEW, whose index value improved to Germany and the EU as a whole, breaking the expectations (for Germany in December, the index was -21.6 points at the forecast of -49.5 and -53.8 value for November , for the EU as a whole in December the index was -32.5 points at the forecast of -48.7 and -51.1 value for November). Markets have also provided support for the outcome of the auction on government bonds of Belgium, which showed a decrease in the average return over the same previous release. Belgium has attracted 2.96 billion of funds under objective 3.0 billion euros. Positive was also an auction of bonds of the European Financial Stability Fund (EFSF), which attracted 1.501 billion euros at 1.5 billion euros target. Funds held for 6 months, the average yield was 0.2664%, covering 3.1.

The yen fell against the euro Tuesday on data from a larger-than-expected growth of China's GDP in the fourth quarter of 2011. China's economy, according to published official figures on Tuesday, grew up in the IV quarter 2011 by 8.9% over the same period in 2010, down from the third quarter (9.1%) but higher than market expectations, constituting an average of of 8.7%.


EUR/USD: yesterday the pair has grown, showed a new week’s high.

GBP/USD: yesterday the pair has grown.

USD/JPY: yesterday the pair showed a month’s low, however has receded later.


European events for Wednesday start at 0830GMT when ECB Governing Council member Jens Weidmann is due to attend a meeting of the German government Cabinet, in Berlin. UK data includes the labour market data at 0930GMT. Unemployment is on the rise in the UK. US data starts at 1200GMT with the weekly MBA Weekly Mortgage Applications, which is followed by the weekly ICSC-Goldman Weekly mall sales at 1245GMT and then PPI data at 1330GMT. At 1400GMT, US TICS data is due, followed at 1415GMT by US industrial production, which is expected to rise 0.5% in December after falling 0.2% in November. At 1430GMT, Federal Reserve Governor Daniel Tarullo testifies to a House Financial Services Subcommittee on the Volcker Rule. The US NAHB Housing Market Index is then due at 1500GMT.

Market Focus

January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Служба технической поддержки:
8-800-200-31-00, support@teletrade-dj.com

  • Онлайн-консультация
  • Заказать звонок
  • Написать письмо
Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page