Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

21.09.2012 08:00

Asian session: The yen headed



00:00 Australia Conference Board Australia Leading Index July +0.2% +0.0%

03:00 New Zealand Credit Card Spending August +0.1% +1.9%

The yen headed for a weekly gain against most major peers as signs of a global economic slowdown spurred demand for the refuge of Japan’s currency. Reports yesterday showed a composite index for manufacturing and services industries in the euro area dropped to a three-year low and a factory output gauge in China signaled contraction for an 11th month.

The euro was poised for the biggest five-day decline since July against the greenback before data next week forecast to show German business sentiment remained near the lowest in more than two years. The Ifo institute in Munich will probably say its business climate index, based on a survey of 7,000 executives, was at 102.8 this month from 102.3 in August, according to the median estimate of economists surveyed by Bloomberg News before the data on Sept. 24. Last month’s reading was the lowest since March 2010.

Losses in the euro were limited before Spanish Prime Minister Mariano Rajoy meets his Italian counterpart Mario Monti today in Rome. The Financial Times reported that Spanish and European Union officials were working on plans to trigger European Central Bank bond purchases.

The plan will be announced on Sept. 27 and will focus on structural reforms to the Spanish economy requested by the EU, rather than new taxes and spending cuts, the newspaper said yesterday, citing officials involved in the talks.

The International Monetary Fund will cut economic forecasts for the global economy “by a few decimal points,” a fund official said yesterday.


EUR/USD: during the Asian session, the pair rose to $1.3300.

GBP/USD: during the Asian session, the pair rose above $1.6250.

USD/JPY: during the Asian session, the pair traded in the range of Y78.20-40.

At 1300GMT, German Finance Minister Wolfgang Schaeuble talks to the foreign press, in Berlin. The data calendar gets underway just ahead of 0600GMT, when UK retailer John Lewis release their latest weekly sales numbers. Despite a fairly sluggish UK retail sector. Lewis has been an outperformer. UK public sector finance data is expected at 0830GMT. No major US releases are expected at 1230GMT, but Canadian inflation data is slated for release, with consumer prices for August and also wholesale sales numbers for July expected. US data kicks off at 1400GMT, with he release of the August BLS unemployment and mass lay-off data. At 1640GMT, Atlanta Federal Reserve Bank Pres Dennis Lockhart speaks to the Atlanta Institute of Internal Auditors on the subject of "U.S. Economic Outlook and Monetary Policy." He will answer questions from the audience. Late data, out at 2015GMT, sees U.S. C&I loans numbers hit the screens.

Market Focus

  • U.S.: Industrial Production (MoM), September 0.1% (forecast 0.2%)
  • Britain can't get full single market access with free movement concessions - Merkel
  • Earnings Season in U.S.. Major Reports of the Week
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
October 2016
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002


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

  • © 2011-2016 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:

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