Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


19.03.2013 12:15

European session: British pound rose sharply

Data

00:30 Australia RBA Meeting's Minutes March

02:00 China Leading Index February 1.3% 1.3%

09:30 United Kingdom Retail Price Index, m/m February -0.4% +0.9% +0.7%

09:30 United Kingdom Retail prices, Y/Y February +3.3% +3.3% +3.2%

09:30 United Kingdom RPI-X, Y/Y February +3.3% +3.3% +3.2%

09:30 United Kingdom Producer Price Index - Input (MoM) February +1.3% +1.6% +3.2%

09:30 United Kingdom Producer Price Index - Input (YoY) February +1.8% +0.8% +2.5%

09:30 United Kingdom Producer Price Index - Output (MoM) February +0.2% +0.3% +0.8%

09:30 United Kingdom Producer Price Index - Output (YoY) February +2.0% +1.8% +2.3%

09:30 United Kingdom HICP, m/m February -0.5% +0.7% +0.7%

09:30 United Kingdom HICP, Y/Y February +2.7% +2.8% +2.8%

09:30 United Kingdom HICP ex EFAT, Y/Y February +2.3% +2.2% +2.3%

10:00 Germany ZEW Survey - Economic Sentiment March 48.2 47.9 48.5

10:00 Eurozone ZEW Economic Sentiment March 42.4 43.7 33.4

10:00 Eurozone Construction Output, m/m January +0.3% -1.4%

10:00 Eurozone Construction Output, y/y January -4.6% -7.3%

10:00 Eurozone ECB President Mario Draghi Speaks March

10:30 United Kingdom BOE Inflation Letter March


The euro fell sharply against the dollar, in the second half of the day was able to restore most of the positions. Note that today at 16.00 GMT in the Cyprus Parliament will vote on a controversial rescue package. President Nikos Anastasiadis has already indicated that the plan was not supported, and the Government is working on a "plan B". According to reports, Cyprus prone to exemption from tax on deposits of less than 20 thousand euros. 6_75% tax will be introduced for depositors whose deposits range from 20 to 100 thousand euros, while the deposits of more than 100 thousand will be taxed at a rate of 9.9% and 12.5% ​​- for deposits of more than 500 thousand euros. However, the head of the Central Bank of Cyprus has made it clear this morning that the output from the application of tax deposits of less than E20 thousand will cause the authorities to be able to collect the required amount of foreign creditors E5.8 billion by the end of yesterday's conference call said the Eurogroup that Cyprus will be able to mitigate the impact of the tax on savings for small savers. IMF chief K. Lagarde today also endorsed the idea. According to sources in the EU, Lagarde even proposed to impose the largest contributors tough tax of 30-40%.

The pound rose against the dollar, departing from the values ​​of the session. Note that the data released today, which were presented by the Office for National Statistics showed that the annual inflation rate in the UK increased in February, while still achieving the highest level since May, which adds further pressure on household budgets and complicates the task of the Bank of England for the economic recovery . According to the report, the annual rate of inflation rose last month by 2.8%, compared with 2.7% in January, driven by rising prices for household gas and electricity, as well as the increase in the cost of gasoline. Note that, despite this increase, the value of the indicator is fully in line with the expectations of many experts. In addition, the report showed that on a monthly basis the value of the consumer price index rose 0.7%, which followed a decline of 0.5% in January. We also add that growth has coincided with the estimates of economists.

The New Zealand dollar fell after Finance Minister Bill English said the New Zealand dollar is overvalued. He also noted that low interest rates may remain that way for longer than previously thought.


EUR / USD: during the European session the pair fell to $ 1.2914, but later grew up, and is now trading at $ 1.2944

GBP / USD: during the European session the pair fell to $ 1.5071, and then rose to $ 1.5134

USD / JPY: during the European session the pair fell to Y95.20


At 12:30 GMT, Canada will announce the change of volume of production and the supply of wholesale change for January. At 12:30 GMT the U.S. will report the volume of building permits issued and the number of new foundations of bookmarks for February. At 20:30 GMT the U.S. will release data on the change in the volume of crude oil, according to the API for March. At 21:45 GMT New Zealand will report on the balance of the current account balance of payments on current account deficit to GDP for the 4th quarter. At 23:30 GMT Australia will provide an index of leading economic indicators from the Melbourne Institute in January.


19.03.2013 12:00

Orders

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