Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


26.09.2012 07:40

Asian session: The euro fell

 

 

22:45 New Zealand Trade Balance August 0.015 -0.610 -0.789

 

The euro fell to the lowest level in almost two weeks as political uncertainty and weakening economic data in the currency bloc underscored the deepening impact of the debt crisis. The 17-nation euro also reached a two-week low versus the yen before reports that may show declines in Italian retail sales and European consumer confidence. A final reading of a consumer confidence index in the euro area will probably confirm the gauge dropped to minus 25.9 this month, the lowest since May 2009, according to a separate survey. The European Commission will publish the data tomorrow.

The yen was 0.1 percent from a more than one-week high versus the dollar amid losses in Asian equities as Spanish Prime Minister Mariano Rajoy faces calls for early elections and a possible international rescue of his nation. Spain pledged to meet its budget goals even as data released yesterday showed government spending through August rose from a year ago and tax receipts fell. Meanwhile, Catalan President Artur Mas called early elections for Nov. 25, saying the time has come for Spain’s richest region to seek “self- determination.”

Mas’s call comes as Rajoy struggles to gain acceptance for austerity measures and stokes frustration in Germany over his foot-dragging on whether to seek a bailout.

New Zealand’s currency fell after the nation’s trade deficit widened. In New Zealand, a statistics bureau report released today showed the nation’s trade shortfall in the 12 months through August was NZ$866 million ($709.7 million), compared with economist forecasts for a NZ$760 million gap and a revised NZ$768 million deficit in the year ended July 31.


EUR / USD: during the Asian session the pair fell below $1.2900, updating week’s low.

GBP / USD: during the Asian session the pair fell below $1.6150, updating week’s low.

USD / JPY: during the Asian session the pair traded in the range of Y77.70-80.


U.K. data starts at 0830GMT with the release of the Bank of England Credit Conditions Survey for the third quarter. This is followed at 1000GMT with the release of the September CBI Distributive Trades Survey. The US calendar gets underway at 1100GMT, with the release of the MBA Mortgage Application Index for the Sept 21 week. At 1400GMT, U.S. August New Home Sales numbers will hit screens. The pace of new home sales is expected to rise to a 380,000 annual rate in August after the 3.6% rise in July. Also in the US, at 1430GM,T, EIA Crude Oil Stocks data are released.


Market Focus

  • Donald John Trump will be the 45th president of the United States
  • Britain can't get full single market access with free movement concessions - Merkel
  • China: Trade Balance, bln, October 49.6 (forecast 51.7)
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

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