Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

07.01.2014 13:15

European session: the euro rose slightly against the U.S. dollar


00:30 Australia Trade Balance , November billion -0.53 -0.30 -0.12

7:00 Germany Retail sales in November , seasonally adjusted -0.8 % +0.5 % +1.5 %

7:00 Germany Retail sales unadjusted y / y in November -0.1% Revised from -0.2 % +1.6%

7:45 France indicator of consumer confidence in December 84 84 85

8:00 Reserves Switzerland Swiss National Bank in foreign currency billion francs 435.7 435.0 435.2 December

8:55 Germany Changing the number of unemployed December 10 -1 15

8:55 Germany Unemployment seasonally adjusted 6.9 % in December 6.9 % 6.9 %

10:00 Eurozone Producer Price Index m / m in November -0.5% -0.1 % -0.1 %

10:00 Eurozone Producer Price Index y / y in November -1.4 % +1.2 % -1.2 %

10:00 Eurozone CPI y / y (preliminary data ) December +0.9 % +0.9 % +0.7 %

The euro exchange rate rose sharply against the dollar, which was associated with the publication of data on inflation in the euro area , which surprised the experts.

A preliminary report from the EU statistical agency showed that Eurozone annual inflation unexpectedly fell last month , reviving concerns about the fact that it could threaten the " fragile " recovery of the currency bloc .

According to the report , on an annual basis , consumer prices rose by only 0.8 percent in December , compared with an increase of 0.9 per cent per annum in November and expectations at 0.9 percent. Recall that in October, inflation was 0.7 per cent , and this prompted the ECB to lower its benchmark interest rate to the lowest level , namely to 0.25 per cent , to stimulate the economy . ECB seeks to achieve the inflation rate below 2.0 percent.

In addition, data showed that core inflation, which excludes prices for food and energy , was in December, only 0.7 per cent .

"It will be interesting to see whether Mario Draghi will speak about the growing concerns about deflation at the upcoming meeting on Thursday ," said Boris Schlossberg , an analyst BK Asset Management. " Some analysts have hinted that the ECB may consider reducing rates by 10 bps . Clause in the fight against this process ."

The yen traded lower against the dollar as the Bank of Japan reported on the change in the monetary base of the country. Index for December rose by almost 47 % compared with the previous year to a record 193.5 trillion yen ($ 1.85 trillion ) . Recall that the purpose of the Bank of Japan from December 2012 to double the monetary base to 270 trillion yen by the end of this year. Also decline in the yen was associated with operation of stop orders. According to traders , it happened after the Japanese stock market offset losses incurred earlier . Preceded this decline USD / JPY pair has led some investors and importers good opportunity to buy the U.S. currency cheaper.

Pound rose against the dollar , retreating from a session low , which was associated with the release of a report showed that sales of cars in the UK have returned to pre-crisis level of car sales in the UK in 2013 exceeded the 2007 figure . This auto market has become the busiest in Europe thanks to cheap credit and rising consumer confidence.

Car sales last year rose by 10.5% to 2.26 million units . In 2014, experts also predict growth based on sustainable recovery unexpectedly UK. In 2013 , there were only sold by 6% fewer cars than in the pre-crisis 2007 ( 2.4 million ) , and only 300,000 less than a year a historic high . Three-quarters of Britons are buying cars on credit , using the low rates and stimulate the state program .

EUR / USD: during the European session, the pair rose to $ 1.3656

GBP / USD: during the European session, the pair rose to $ 1.6435 , and then retreated slightly

USD / JPY: during the European session, the pair rose to Y104.60, but then fell to Y104.40

At 13:30 GMT , Canada and the United States will report on its trade balance for November. At 15:00 GMT , Canada will release the Ivey PMI index from December .

07.01.2014 13:00


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