Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


04.06.2013 06:20

Asian session: The Dollar Index reached

00:25 Canada Gov Council Member Lane Speaks

01:30 Australia Current Account, bln Quarter I -14.7 -8.9 -8.5

01:30 Japan Labor Cash Earnings, YoY April -0.6% +0.6% +0.3%

02:15 Canada Gov Council Member Lane Speaks

04:30 Australia Announcement of the RBA decision on the discount rate 2.75% 2.75% 2.75%

04:30 Australia RBA Rate Statement


The Dollar Index reached an almost one-month low yesterday after a report showed U.S. manufacturing contracted in May at the fastest pace in four years. The Institute for Supply Management's factory index for the U.S. fell to 49, the lowest reading since June 2009, from the prior month's 50.7 reading, the Tempe, Arizona-based group's report showed yesterday. Fifty is the dividing line between growth and contraction.

Private data tomorrow may show the pace of hiring in the world's largest economy quickened. ADP Research Institute will probably say tomorrow the pace of hiring in the U.S. quickened by 46,000 jobs to 165,000 in May from the previous month, according to the median estimate of economists surveyed by Bloomberg News.

Australia's dollar held declines after the nation's Reserve Bank signaled scope to ease further. The Reserve Bank of Australia kept its benchmark interest rate unchanged at 2.75 percent today, in line with 24 of the 26 economists surveyed by Bloomberg. Interest-rate swaps data compiled by Bloomberg show traders see a 32 percent chance the central bank will lower borrowing costs at the next meeting on July 2.


EUR / USD: during the Asian session the pair fell to $ 1.3055

GBP / USD: during the Asian session the pair traded in the range of $ 1.5310-40

USD / JPY: during the Asian session the pair traded in the range of Y99.30-85


There is a full calendar Tuesday, with releases on both sides of the pond, although the early focus could be on the RBA's rate decision. German May car registrations numbers are set for release at some stage in the morning session, although there is no fixed time. At 0900GMT, the EMU April PPI data is set for release. At 0930GMT, Bundesbank board member Joachim Nagel on panel at a FAZ conference in Berlin. Then, at 1130GMT, German Chancellor Angela Merkel will deliver a speech at the local governments' conference, in Berlin.

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