Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

30.07.2014 12:12

European session: the euro fell

06:00 Switzerland UBS Consumption Indicator June 1.77 2.06

07:00 Switzerland KOF Leading Indicator July 100.5 Revised From 100.4 101.1 98.1

09:00 Eurozone Business climate indicator July 0.22 0.17

09:00 Eurozone Industrial confidence July -4.3 -4.5 -3.8

09:00 Eurozone Economic sentiment index July 102.1 Revised From 102.0 102.2

12:00 Germany CPI, m/m (Preliminary) July +0.3% +0.2% +0.3%

12:00 Germany CPI, y/y (Preliminary) July +1.0% +0.9% +0.8%

During the European session, the Forex market the euro fell slightly against the dollar on the data by the mood in the economy.

In the eurozone, the level of economic confidence rose unexpectedly in July, which was due to the improvement of industrial sentiment data showed on Wednesday the European Commission survey.

Economic sentiment index rose to 102.2 in July from a revised 102.1 in June. Economists predicted that the figure will fall to 101.9 from June initial appraised value 102.

Industrial Confidence rose to -3.8 from -4.3 a month ago. Increased confidence in the industry was the result of more optimistic managers on expected production and the current level of total portfolio, and their assessment of stocks of finished products in general remained unchanged.

Meanwhile, confidence in the services sector fell to 3.6 from 4.4 months ago. Reduced confidence in the services sector was due to significantly lower expectations and managers demand more muted assessment of past business situation, which outweighed a more positive stance on past demand.

According to preliminary estimates consumer sentiment fell to -8.4 from -7.5 in June. The consumer confidence index fell due to the markedly more pessimistic estimates of future unemployment and future general economic situation, which were only partially offset by a moderate improvement in consumers' assessment of their readiness for future savings.

Sentiment in the construction sector improved to -28.2 from -31.7 in the previous month. Increased confidence in the building was part of the revision of the expressed expectations of employment and, to a lesser extent, improved assessment of the level of portfolio managers orders.

More data showed that business confidence dropped slightly to 0.17 in July from 0.21 in June.

The U.S. dollar rose against the yen in anticipation of strong employment data in the U.S. that may prompt the Fed to further reduce the incentive programs. Remember, today completed a 2-day meeting of the Committee on the open market operations of the Federal Reserve System and the decision will be announced on the possible timing of rate increases the rate of the Central Bank and the further reduction of bond purchases.

In addition, will be held today publication of data on U.S. growth in the preceding quarter. According to the median forecast of economists, GDP world's largest economy will grow by 3.1%, after falling 2.9% previously. If this forecast is confirmed, then this figure will rise to the highest since September 2013.

EUR / USD: during the European session, the pair fell to $ 1.3394

GBP / USD: during the European session, the pair fell to $ 1.6921

USD / JPY: during the European session, the pair rose to Y102.27

At 12:15 GMT the United States will change ADP Employment for July. At 12:30 GMT, Canada will present the raw material price index for June. U.S. at 12:30 GMT to publish preliminary data on changes in GDP, the GDP price index, the index of personal consumption expenditures, the main index of personal consumption expenditures for the 2nd quarter to 14:30 GMT - data on crude oil inventories from the Energy Department. At 18:00 GMT we will know the FOMC decision on the basic interest rate and the accompanying statement will be made FOMC. At 23:05 GMT UK release indicator of consumer confidence from the GfK July.

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