Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


16.03.2011 13:23

Before the bell:

U.S. stocks were set for a flat open Wednesday, as investors digested disappointing housing numbers.


Investors also continue to weigh the impact of Japan's deadly earthquake and subsequent nuclear crisis, with other geopolitical tensions around the world.
Early Wednesday, Moody's Investors Service downgraded Portugal's credit rating from A1 to A3 -- a lower investment grade status. And Fitch downgraded Bahrain's debt to below investment grade, following a government clash with protestors.
U.S. stocks are coming off sharp losses Tuesday, as investors looked past a somewhat positive statement from the Federal Reserve, to focus on the deteriorating situation at Japan's Fukushima Daiichi nuclear power plant.
Investors, stunned by the devastation in Japan, had been reducing their exposure to risky assets and flocking to investments that are considered safe, including U.S. Treasuries. But the Wednesday rebound in Japanese stocks sent U.S. bond markets lower.
Economy:
The Commerce Department reported that an annual rate of 479,000 new homes were built in February, down from a revised 618,000 in January.
Economists had expected the number of housing starts to rise to an annual rate of 575,000 units in the month, according to consensus estimates from economists.
Building permits -- considered a leading indicator of activity in the housing sector -- fell to an annual rate of 517,000 last month, down from a revised 563,000 in January.
Permits were expected to have increased slightly to 563,000.
Separately, the government's Producer Price Index showed that prices at the wholesale level jumped 1.6% in February, which was much more than expected. The PPI was forecast to show prices at the wholesale level increased 0.6% in February.
Core PPI, which excludes food and energy costs, increased by 0.2% in the month, matching expectations.
World markets:

Oil prices -- which fell nearly 4% on Tuesday -- were higher early Wednesday, as concerns the ongoing turmoil in North Africa and the Middle East were revived. Oil for April delivery gained $1.80 to $98.98 a barrel.
Gold futures for April delivery climbed $11.10 to $1,403.90 an ounce.
The price on the benchmark 10-year U.S. Treasury was slightly higher, sending the yield ticking up to 3.3%.

16.03.2011 12:34

US: Feb PPI +1.6%

Market Focus

  • The eurozone started the third quarter on a solid footing, according to PMI survey data
  • Earnings Season in U.S.: Major Reports of the Week
  • German private sector output growth slowed for the second month running in July
  • ECB's Mersch says as conditions normalise, it is unlikely that uncoventional policies will remain necessary
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

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