Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


22.12.2011 08:42

Asian session: Euro held yesterday’s decline

05:00 Japan BoJ monthly economic report December

The dollar traded 0.8 percent from an 11-month high versus the euro before European Central Bank President Mario Draghi speaks today amid concern policy makers are struggling to contain the euro region’s debt crisis.

Euro held yesterday’s decline as France and Italy prepare to sell debt next week amid speculation Standard & Poor’s will cut the credit ratings of European countries. France will auction bills on Dec. 27, while Italy will offer debt maturing in 2014, 2018, 2021 and 2022 on Dec. 29. S&P said this month it may cut the credit grades of 15 euro nations, including Germany and France, the region’s biggest economies.


New Zealand’s dollar fell after the data. New Zealand’s economy grew faster than analysts estimated last quarter on Rugby World Cup spending, a boost the central bank may look past as it awaits more lasting recovery signs before raising record-low interest rates. Gross domestic product rose 0.8 percent in the three months ended Sept. 30 from the previous quarter, when it increased 0.1 percent, Statistics New Zealand said in a report released today in Wellington. Growth was faster than the 0.6 percent median projection in a Bloomberg News survey of 14 economists.

Australia’s dollar weakened against most its major counterparts as Asian stocks retreated, sapping demand for higher-yielding currencies.


EUR/USD: on Asian session the pair gain.

GBP/USD: on Asian session the pair gain.

USD/JPY: on Asian session the pair holds in range Y78.00-Y78.15.


On Thursday UK data sees the third release of Q3 GDP data at 0930GMT along with Q3 Balance of Payments data where the Current Account Balance is expected at -stg6.3 billion. There is no major core-European data due on Thursday but at 1600GMT, the ESRB is due to hold a press conference, including Mario Draghi and Mervyn King as well as Andrea Enria.

US data starts at 1130GMT when initial jobless claims are expected to rise 14,000 to 380,000 in the December 17 employment survey week. US data at 1500GMT includes leading indicators, the FHFA Home Price Index and also BLS mass layoffs. This is followed at 1530GMT by the weekly EIA Natural Gas Stocks data. Later US data sees the 2000GMT release of Treasury Allotments by Class and the 2130GMT release of M2 money supply data.

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 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