Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


25.09.2015 12:13

Foreign exchange market. European session: the euro traded mixed against the U.S. dollar after the release of the mixed economic data from the Eurozone

Economic calendar (GMT0):

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

06:45 France Consumer confidence September 94 Revised From 93 94 97

07:00 Eurozone ECB's Jens Weidmann Speaks

08:00 Eurozone Private Loans, Y/Y August 0.9% 1.1% 1.0%

08:00 Eurozone M3 money supply, adjusted y/y August 5.3% 5.3% 4.8%

The U.S. dollar traded mixed against the most major currencies ahead the release of the U.S. economic data. The final U.S. GDP is expected to rise 3.7% in the second quarter, after a 0.2% decline in the first quarter.

The preliminary U.S. services purchasing managers' index (PMI) is expected to decline to 55.6 in September from 56.1 in August.

The final Reuters/Michigan Consumer Sentiment Index is expected to drop to 86.7 in September from 91.9 in August.

The greenback was supported by yesterday's comments by the Fed Chairwoman Janet Yellen. She said in a speech at the University of Massachusetts on Thursday that she expects that the Fed will start raising its interest rates by the end of the year, followed by a gradual pace of interest rate hikes.

"Most of my colleagues and I anticipate that it will likely be appropriate to raise the target range for the federal funds rate sometime later this year," she said.

Yellen noted that the inflation will rise toward the Fed's 2% target as low oil prices are temporary.

The Fed chairwoman also said that the slowdown in the global economy is not significant not to raise interest rates this year.

The euro traded mixed against the U.S. dollar after the release of the mixed economic data from the Eurozone. The European Central Bank (ECB) released its M3 money supply figures on Friday. M3 money supply rose 4.8% in August from last year, missing expectations for a 5.3% gain, after a 5.3 % increase in July.

Loans to the private sector in the Eurozone climbed 1.0% in August from the last year, missing expectations for a 1.1% rise, after a 0.9% gain in July.

French statistical office INSEE released its consumer confidence index for France on Friday. French consumer confidence index climbed to 97 in September from 94 in August. It was the highest level since October 2007.

August's figure was revised up from 93.

Analysts had expected the index to remain unchanged at 94.

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

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair fell to $1.5151

USD/JPY: the currency pair rose to Y121.13

The most important news that are expected (GMT0):

12:30 U.S. GDP, q/q (Finally) Quarter II 0.6% 3.7%

13:45 U.S. Services PMI (Preliminary) September 56.1 55.6

14:00 U.S. Reuters/Michigan Consumer Sentiment Index (Finally) September 91.9 86.7

16:30 Eurozone ECB's Jens Weidmann Speaks

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