Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities

05.02.2014 19:20

American focus : the euro rose

The euro rose moderately against the U.S. dollar amid mixed statistics. In the U.S. went out report that the activity in the U.S. non-manufacturing sector continued to grow in January . This is evidenced by data released Wednesday by the Institute for Supply Management (ISM). Purchasing Managers Index (PMI) for the non-productive sphere the U.S. in January rose to 54.0 against 53.0 in December. Economists had expected the index to rise last month to 53.8 . Values ​​above 50 indicate growth in activity .

As shown by recent data that were presented Automatic Data Processing (ADP), in January, private sector employment increased markedly , although not enough to confirm the evaluation of many economists. According to a report last month, the number of employed increased by 175,000 people, compared with a revised downward indicator for the previous month at 227 million ( initially reported growth of 238 thousand jobs ) . Add that, according to the average forecast of this indicator would grow by 191 thousand

Little impact on the European currency had data for the euro area , which showed that the euro zone's private sector quickened in January , while reaching the highest levels in the last two and a half growth, rapid growth of production eclipsed the more modest expansion in the services sector .

According to the report , the final composite purchasing managers index from Markit, which measures business activity in the manufacturing sector and in the service sector , rose to 52.9 in January from 52.1 in the previous month . It was the highest result since June 2011 . Nevertheless , the final assessment was slightly pre - 53.2 at .

In Markit said that growth in the eurozone PMI observed broad-based and led by Germany was lifting . The data also showed that the index of business activity in the services sector rose to a four-month high in January - to the level of 51.6 from 51.9 . However , this result was below the pre-assessment at the level of 51.9 .

The British pound has fallen sharply earlier against the U.S. dollar , which was associated with the release of unexpectedly weak data on Britain. As it became known , the growth in the services sector in Britain, which is dominant , unexpectedly slowed last month, but activity remained high , suggesting that the economy will gain momentum in the first quarter of 2014 . The survey also showed growth companies price pressure for the service sector , but not to a level that could be a problem for the Bank of England , and encourage him to raise interest rates. According to the report , the index of services PMI fell to 58.3 in January from 58.8 points points in December , reaching its lowest level since June . Add that according to the average forecasts of experts, the value of this index would grow to 59.1 points. However , despite the decline , the index remained well above 50 points , which separates growth from contraction.

Meanwhile, it became known that the composite indicator of the three indices PMI ( manufacturing , construction and services sector ) fell to 59.1 in January from 59.4 in December , dropping to its lowest level since June .

05.02.2014 18:22

European stocks close

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