Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

27.09.2013 06:20

Asian session: The yen strengthened

01:15 U.S. FOMC Member Esther George Speaks

The yen strengthened versus all of its 16 major counterparts as investors sought safety amid concern a budget deadlock among U.S. lawmakers will send the nation to the brink of a federal government shutdown. The U.S. Senate plans to vote today on a spending bill, three days before federal spending authority runs out and a few weeks until the country hits its borrowing limit.

A gauge of the greenback was poised for its first five-day gain in four weeks after Federal Reserve Bank of Kansas City President Esther George said labor-market gains warrant tapering the U.S. central bank’s bond purchases, which tend to debase the currency. George of the Kansas City Fed signaled support for a reduction in U.S. central bank stimulus.

U.S. consumer purchases increased 0.3 percent in August after a 0.1 percent advance in July, according to the median forecast in a Bloomberg News survey of economists before today’s report. The data will also show personal income rose 0.4 percent in August, the biggest gain since February, after a 0.1 percent gain a month earlier, according to the poll.

The Thomson Reuters/University of Michigan index of sentiment this month was at 78 compared to a preliminary reading of 76.8, economists projected in a separate survey. It was at 82.1 in August.

EUR / USD: during the Asian session the pair traded in the range of $ 1.3470-90

GBP / USD: during the Asian session, the pair traded in the range of $ 1.6025-45

USD / JPY: during the Asian session the pair fell to Y98.60

No respite ahead of the weekend, as Friday sees a full calendar on both sides of the Atlantic, with another day loaded with central bank speakers. German flash HICP numbers are also expected, although there is no fixed release time. CPI m/m is expected at 0.0% y/y is expected at 1.5%. Monthly HICP is expected at 0.0% and y/y at 1.6%. French data is due at 06456GMT, with the release of the revised second quarter GDP data and the Aug consumer spending data. France GDP Q/Q is expected at 0.5%, unrevised. France GDP Y/Y is also to be released and is expected to be unrevised at 0.3%. Spanish data expected at 0700GMT when Spain's September flash HICP and the August retail sales index will be published. Switzerland's September KOF economic barometer will also be released at 0700GMT. Italian data set for release at 0800GMT includes the Sep ISTAT business survey. EMU data will be released at 0900GMT, when September economic sentiment survey and the September business climate index numbers are published. Economic confidence data for the Eurozone is expected to increase to 96.6 compared with 95.2 last. ECB President Mario Draghi and Governing Council member Inacio Visco are due to speak at an event in Milan, from 0900GMT.

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