Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


17.07.2013 12:16

European session: the pound rose


08:30 United Kingdom ILO Unemployment Rate May 7.8% 7.8% 7.8%

08:30 United Kingdom Average Earnings, 3m/y May +1.3% +1.4% +1.7%

08:30 United Kingdom Average earnings ex bonuses, 3 m/y May +0.9% +1.1% +1.0%

08:30 United Kingdom Bank of England Minutes

08:30 United Kingdom Claimant count June -8.6 -7.9 -21.2

08:30 United Kingdom Claimant Count Rate June 4.5% 4.5% 4.4%

09:00 Eurozone Construction Output, m/m May +2.0% -0.3%

09:00 Eurozone Construction Output, y/y May -6.6% -5.1%

09:00 Switzerland Credit Suisse ZEW Survey (Expectations) July 2.2 4.8


Euro traded moderately lower against the U.S. dollar in anticipation of speeches by Fed Chairman Ben Bernanke (Wednesday before the Committee on Financial Services of the House of Representatives and on the Thursday before the Senate Committee on Banking). Experts note that the probability that Bernanke will surprise the market is low - most likely the option of maintaining QE in the previous volumes will be confirmed, but such an alignment is already embedded in the dynamics of the EUR / USD and tangible drawdown dollar on the news seems to be unlikely.

The pressure on the single currency had data on production in the construction sector. In May, the volume of production in the construction sector of the euro area fell by 0.3% compared to growth of 2% a month earlier, as reported by the agency Eurostat. In the annual comparison figure fell by 5.1% against a decline of 6.6% in the previous month.

The British pound rose against the dollar after strong labor market data and the minutes of the last meeting of the Bank of England.

In June, the number of unemployed Britons fell by 21.2 million against 16.2 million the previous month, as reported by the national statistics agency. It was the strongest decline since June 2010. The number of applications for benefits totaled 1.48 million analysts expected a drop of 8 thousand unemployment rate fell to 4.4% from 4.5% previously, while analysts had expected the index to remain unchanged. The ILO unemployment rate in May remained at 7.8% in line with expectations. Average earnings excluding bonuses rose by 1% versus 0.9% previously forecast and 1.1%. Earnings including bonuses rose by 1.7% vs. 1.3% forecast of 1.4%.

All nine members of the monetary policy of the Bank of England in July voted to keep unchanged the existing program to stimulate the economy. At the same time, within the committee remained disagreement over the need for additional incentives. At the first meeting of the Committee on Monetary Policy, chaired by Mark Carney, all nine members of the committee decided not to change the program of buying government bonds. Such absolute unanimity was observed for the first time since October 2012. However, some committee members see the need to increase incentives. They want to understand what tools, in addition to asset purchases, it will be possible to apply under the direction of Carney to boost the economy.


EUR / USD: during the European session, the pair is trading in the range of $ 1.3121 - $ 1.3166


GBP / USD: during the European session, the pair rose to $ 1.52455

USD / JPY: during the European session, the pair rose to Y99.83

At 12:30 GMT in Canada will the volume of transactions with foreign securities in May. U.S. at 12:30 GMT will publish the volume of building permits issued, the number of Housing Starts in June. At 14:00 GMT we will know the decision of the Bank of Canada Interest Rate and the accompanying statement will be made of the Bank of Canada. At 14:00 GMT the chairman of Board of Governors of the Federal Reserve Ben Bernanke testifies. At 14:30 GMT will be the publication of the report of the Bank of Canada's Monetary Policy for the 3rd quarter. At 15:15 GMT will be a press conference by the Bank of Canada. At 16:30 GMT a speech FOMC member Sarah Bloom Raskin. At 18:00 GMT the United States will publish economic survey of the Fed's regional "Beige Book."

17.07.2013 12:00

Orders

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%)
December 2016
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
5
6
7
8
9
10
11
12
13
14
15
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

  • © 2011-2016 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:
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