Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



29.10.2012 07:00

Asian session: The yen remained

 

 

23:50 Japan Retail sales, y/y September +1.8% +0.4%


The yen remained higher after its biggest one-day gain in two months as signs of weakness in the global economy increased demand for haven assets.  The Bank of Japan is scheduled to meet tomorrow after holding off from easing policy on Oct. 5.

Japan’s currency maintained last week’s advance versus the euro before reports tomorrow that may show Spain’s gross domestic product shrank last quarter, while Germany’s jobless rate rose this month for the first time in more than three years. The Spanish economy probably shrank 0.4 percent in the three months ended Sept. 30 from the previous quarter, according to the median estimate of economists surveyed by Bloomberg News before preliminary government data tomorrow. Germany’s unemployment rate may have risen to 6.9 percent this month from 6.8 percent in September a separate poll showed ahead of tomorrow’s release. That would be the first gain since June 2009,

The Australian dollar slid on speculation concern over the outcome of the U.S. presidential election is sapping demand for higher-yielding assets. U.S. President Barack Obama and Republican challenger Mitt Romney entered the final stretch of the presidential contest, where opinion polls have tightened.

The Securities Industry and Financial Markets Association suggested that trading end at noon New York time today in dollar-denominated fixed-income securities in the U.S. because of Hurricane Sandy. The New York Stock Exchange and New York Mercantile Exchange canceled floor trading for the day.


EUR / USD: during the Asian session the pair fell to $1.2915.

GBP / USD: during the Asian session the pair fell to $1.6075.

USD / JPY: during the Asian session, the pair traded in the range of Y79.60-75.


We begin the trading week with a fairly limited calendar Monday, especially on the European side. Spanish September retail sales are dueto be published at 0700GMT. The only scheduled UK data is the release of UK October BOE M4 data and UK October BOE Bankstats, due at 0930GMT. US data kicks off at 1230GMT, with the release of US September Personal Income, which is expected to rise 0.4% in September.

Market Focus

  • The Bank of Japan decided by a 7-2 majority vote to hold the interest rate at -0.10%
  • Earnings Season in U.S.: Major Reports of the Week
  • U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week
  • Australian unemployment rate stable at 5.6% in June
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
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