Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



07.01.2015 13:11

Foreign exchange market. European session: the euro fell against the U.S. dollar after the weaker-than-expected inflation data from the Eurozone

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

07:00 Germany Retail sales, real adjusted November +2.0% Revised From +1.9% +0.2% +1.0%

07:00 Germany Retail sales, real unadjusted, y/y November +2.1% Revised From +1.7% -0.8%

08:00 Switzerland Foreign Currency Reserves December 462.4 495.1

08:55 Germany Unemployment Change December -16 -6 -27

08:55 Germany Unemployment Rate s.a. December 6.6% 6.6% 6.5%

10:00 Eurozone Unemployment Rate November 11.5% 11.5% 11.5%

10:00 Eurozone Harmonized CPI, Y/Y (Preliminary) December +0.3% 0.0% -0.2%

The U.S. dollar traded mixed to higher against the most major currencies ahead of the U.S. economic data. The U.S. economy is expected to add 227,000 jobs in December, according to the ADP employment report.

The U.S. trade deficit is expected to narrow to $42.3 billion in November from $43.4 billion in October.

The Fed will release minutes of its last meeting. Investors expect signs when the Fed will start to hike its interest rate.

The euro fell against the U.S. dollar after the weaker-than-expected inflation data from the Eurozone. The inflation declined to an annual rate of -0.2% in December from 0.3% in November. That was the lowest level since October 2009. Analysts had expected a flat reading.

The decline was driven by falling oil prices.

The inflation excluding food and energy costs increased to an annual rate of 0.8% in December from 0.7% in November.

These figures are adding to pressure on the ECB. Investors speculate that the European Central Bank could decide on its policy meeting on January 22 to purchase government bonds.

Eurozone's unemployment rate remained unchanged at 11.5% in November, in line with expectations.

The number of unemployed people in Germany declined by 27,000 in December, beating expectations for a 6,000 decline, after a 16,000 drop in November. November's figure was revised up from a 14,000 decrease.

Germany's adjusted unemployment rate fell to 6.5% in December from 6.6% in November. Analysts had expected the unemployment rate to remain unchanged.

German adjusted retail sales climbed 1.0% in November, exceeding expectations for a 0.2% rise, after a 2.0% gain in October. October's figure was revised up from a 1.9% increase.

Political uncertainty in Greece still weighed on the euro.

The British pound traded mixed against the U.S. dollar in the absence of any major economic reports from the U.K.

The Canadian dollar traded mixed against the U.S. dollar ahead of Canadian economic data. The Canadian trade surplus of C$0.1 billion in October is expected to narrow to a deficit of C$0.2 billion in November.

The Ivey purchasing managers' index is expected to drop to 52.3 in December from 56.9 in November.

The Swiss franc traded lower against the U.S. dollar. The Swiss National Bank's foreign exchange reserves increased to 495.104 billion Swiss francs in December from 462.669 billion francs in November.

EUR/USD: the currency pair declined to $1.1818

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair rose to Y119.34

The most important news that are expected (GMT0):

13:15 U.S. ADP Employment Report December 208 227

13:30 Canada Trade balance, billions November 0.1 -0.2

13:30 U.S. International Trade, bln November -43.4 -42.3

15:00 Canada Ivey Purchasing Managers Index December 56.9 52.3

19:00 U.S. FOMC meeting minutes

23:30 U.S. FOMC Member Charles Evans Speaks

07.01.2015 13:00

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%)
January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
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

  • © 2011-2017 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