Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


14.06.2013 06:02

Asian session: The yen climbed

---

The yen climbed as Prime Minister Shinzo Abe's cabinet approved a growth plan announced this month. It's poised for a fourth-straight week of gains versus the dollar, the longest since July 2012. The Bank of Japan said higher bond yields were due to rising stocks and a falling yen, according to minutes of its May meeting released today.

Euro buying may be boosted before the ZEW Center for European Economic Research in Mannheim gives the latest reading of its index of investor and analyst expectations in Germany. The gauge rose to 37 from 36.4 in May, according to a Bloomberg News survey. The report, due next week, aims to predict economic developments six months in advance.

Industrial production in the U.S. probably rose 0.2 percent last month, a Fed report today is predicted to show, following a 0.5 percent decline the previous month.

U.S. equities rose yesterday on better-than-forecast economic figures. Data showed U.S. retail sales rose 0.6 percent in May, exceeding the median economist forecast in a Bloomberg survey. The increase was the biggest in three months and followed a 0.1 percent gain in April.


EUR / USD: during the Asian session the pair fell below $ 1.3350

GBP / USD: during the Asian session the pair fell below $ 1.5700

USD / JPY: during the Asian session the pair fell to Y94.40


There is a full calendar of economic data on both sides of the Atlantic Friday, but little in the way of scheduled central bank appearances. Early data sees the release of the May Bank of France retail survey. At 0730GMT, the Spanish first quarter labour cost survey numbers are set for release. There is little UK data scheduled, although the April construction output numbers will cross the wires at 0830GMT. Eurozone data fro release at 0900GMT includes the May final HICP numbers and the first quarter employment numbers. Eurozone CPI is seen up 0.1% on month, up 1.4% on year, with core CPI higher by 1.2%. At 0930GMT, the German government is schedule to give a regular press briefing, while at 1230GMT, German Finance Minister Wolfgang Schaeuble will attend a German-Franco-Italian finance and labour ministers meeting.

Market Focus

  • US nonfarm payrolls rise more than expected in July
  • Canada’s merchandise trade deficit widens in June
  • Canada unemployment rate falls to lowest level since October 2008
  • Canada Ivey PMI falls less than expected in July
August 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
21
22
23
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