Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



09.09.2011 07:39

FOREX: Thursday's review

Data released:
06:00     Germany     Current account (July) unadjusted, bln    7.5    9.5    11.5 (11.9)
06:00     Germany     Trade balance (July) unadjusted, bln    10.4    11.0    12.7
11:00     UK     BoE meeting announcement    0.50%    0.50%    0.50%
11:45     EU(17)     ECB meeting announcement    1.50%    1.50%    1.50%
12:30     EU(17)     ECB press conference               
12:30     USA     Jobless claims (week to 03.09)    414K    405K    412 (409)K
12:30     USA     International trade (July), bln    -44.8    -50.0    -51.6 (-53.1)
12:30     USA     Export (July), bln    178.0    -    170.9
12:30     USA     Import (July), bln    222.8    -    223.9
19:00     USA     Consumer credit (July), bln    +12.0    +6.0    +11.3 (+15.5)
20:30     USA     M2 money supply (29.08), bln    +30.4    -    +17.9
23:50     Japan     Real GDP (Q2) revised    -0.5%    -0.5%    -0.3%
23:50     Japan     Real GDP (Q2) revised Y/Y    -2.1%    -2.0%    -1.3%
23:50     Japan     (M2+CDs) money supply (August) Y/Y    2.7%    2.9%    3.0 (2.9)%

The euro fell the most in a month versus the dollar as European Central Bank President Jean-Claude Trichet said “downside risks” to the region’s economy have intensified, damping the outlook for interest-rate increases.
The 17-nation euro weakened against all of its major counterparts after the ECB kept its key interest rate at 1.5 percent and Trichet said inflation risks were no longer to the upside. 
The dollar strengthened before President Barack Obama unveils proposals to spur job growth and the U.S. economy. 
The pound rose for a second day against the dollar after the Bank of England maintained its quantitative-easing program at 200 billion pounds and kept its main interest rate at a record low 0.5 percent.
Obama will address a joint session of Congress today on proposals to speed job creation that may inject more than $300 billion into the economy next year. Almost half the stimulus may come from tax cuts, including an extension of a 2 percentage-point reduction in the payroll tax paid by workers due to expire Dec. 31 and a new decrease in the portion of the tax paid by employers.

The Australian dollar trimmed yesterday’s 1.7% surge against its U.S. counterpart after the statistics bureau said that employers unexpectedly shed jobs for a second consecutive month in August. The number of people employed fell by 9,700, compared with the median estimate for a 10,000 increase. The jobless rate climbed to 5.3%, the highest since October, from 5.1% in July.

EUR/USD printed lows on $1.4050 before set stable between the $1.4060/90 range. But soon psales resumed and rate fell to $1.3880.
GBP/USD tested $1.5920 before recovered to $1.5942 and later - to $1.6080. Rate failed to set above and retreated to $1.5950.
USD/JPY fell from Y77.42 to Y77.29. Later dollar printed highs on Y77.60.

 

UK PPI data coming at 08:30 GMT. The same time UK Jul trade balance figures will come.
Canada's labor market data will be released at 11:00 GMT with US wholesale inventories - at 14:00 GMT.

09.09.2011 08:02

STOCKS: Thursday's review

09.09.2011 07:16

Techs on USD/JPY:

Market Focus

  • US nonfarm payrolls rise more than expected in July
  • Canada’s merchandise trade deficit widens in June
  • Canada unemployment rate falls to lowest level since October 2008
  • Canada Ivey PMI falls less than expected in July
August 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
21
22
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.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page