Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


17.09.2013 12:15

European session: the euro rose against the dollar

Data

01:30 Australia RBA Meeting's Minutes

01:30 Australia New Motor Vehicle Sales (MoM) August -3.6% Revised From -3.5% +1.8% +0.8%

01:30 Australia New Motor Vehicle Sales (YoY) August +3.0% +0.2%

02:00 China Leading Index August +1.4% +0.7%

08:00 Eurozone Current account, adjusted, bln August 19.8 Revised From 16.9 18.3 16.9

08:30 United Kingdom Retail Price Index, m/m August 0.0% +0.4% +0.5%

08:30 United Kingdom Retail prices, Y/Y August +3.1% +3.2% +3.3%

08:30 United Kingdom Producer Price Index - Input (MoM) August +1.1% +0.3% -0.2%

08:30 United Kingdom Producer Price Index - Input (YoY) August +5.0% +3.0% +2.8%

08:30 United Kingdom Producer Price Index - Output (MoM) August +0.2% +0.2% +0.1%

08:30 United Kingdom Producer Price Index - Output (YoY) August +2.1% +1.8% +1.6%

08:30 United Kingdom HICP, m/m August 0.0% +0.5% +0.4%

08:30 United Kingdom HICP, Y/Y August +2.8% +2.7% +2.7%

08:30 United Kingdom HICP ex EFAT, Y/Y August +2.0% +2.1% +2.0%

09:00 Eurozone Trade Balance s.a. July 13.5 Revised From 14.9 15.3 11.1

09:00 Eurozone ZEW Economic Sentiment September 44.0 47.2 58.6

09:00 Germany ZEW Survey - Economic Sentiment September 42.0 45.3 49.6


The euro rose against the dollar, which , first of all , due to the anticipation of the announcement of the outcome of meetings of the Open Market Committee of the Federal Reserve , which begins today and will end tomorrow . According to the median forecast of economists , the majority of the voting committee may decide to reduce the amount of monthly purchases of bonds to $ 75 billion to $ 85 billion

Meanwhile, we add that did not prevent the growth of the European currency submitted data for the euro area , which were worse than expected .

The European Central Bank said that by the end of July profit Eurozone current account decreased again , registering with the fourth monthly decline in a row, which was due mainly to a sharp drop in income . According to the report , the seasonally adjusted balance of payments surplus fell in July to the level of 16.9 billion euros, compared with the upwardly revised figure for the previous month at 19.8 billion euros. Add that to the experts according to the average surplus would rise to the level of 18.3 billion euros from 16.9 billion , which was originally reported last month .

In addition, the Statistical Office Eurostat reported that the trade surplus of the euro zone unexpectedly , and at the same time is drastically reduced in the month of July , which was associated with a marked drop in exports (for the third time in four months ) , and almost the same volume of imports . According to the report , the seasonally adjusted trade surplus fell in July to a level of 11.1 billion euros, compared with a revised downward from the previous month at 13.5 billion euros. Add that to the experts according to the average surplus in trade in goods had increased to 15.3 billion from 14.9 billion , which was originally reported.

In addition , the data showed that exports in July totaled 155.9 billion billion, down 1.6% from June , while imports reached 144.8 billion euros, which is 0.1 % less than in the previous month.

The pound rose slightly against the dollar, although it has lost some of the previously captured positions . Note that this trend was accompanied by a release of weak data on Britain. It is learned from the Office for National Statistics , at the end of last month, the growth of annual inflation slowed again , registering the second monthly decline in a row, which was primarily due to a slower increase in transportation costs.

According to the report , in the month of August consumer price index rose by 2.7 % per annum , compared with an increase of 2.8 % in July. Add that final reading fully confirmed the experts' forecasts . In addition, it was reported that on a monthly basis the consumer price index rose 0.4 % , after the previous month, it remained unchanged. Many experts expect that the value of this index will rise by 0.5 %.

Meanwhile, core inflation, which excludes the cost of energy , food, alcoholic beverages and tobacco products remained unchanged in August - at the level of 2 % , confounding economists' expectations for a moderate increase to 2.1 %.

Meanwhile, another report from the Office for National Statistics showed that producer prices inflation slowed markedly in August , indicating a weakening of inflationary pressures.

The data showed that the index of producer prices rose in August by 1.6 % per annum , compared with an increase of 2.1% a month earlier. Experts estimate the growth of this index was up 1.8%. In monthly terms, wholesale prices rose by 0.1 %, which followed a 0.2 percent increase in July. It was assumed that the growth will be 0.2 %. As for the input price inflation , it declined in August to 2.8 % per year from 5.1 % last month , and lower than forecast at 3% . On a monthly basis , raw materials prices fell 0.2 % , registering the first decline in three months .


EUR / USD: during the European session, the pair rose to $ 1.3367

GBP / USD: during the European session, the pair rose to $ 1.5936 , and then fell to $ 1.5884

USD / JPY: during the European session, the pair traded in a narrow range of Y99.05-Y99.37


At 12:30 GMT Canada will announce the change of volume of manufacturing sales in July. Also at this time, the U.S. consumer price index will be released and the core consumer price index for August. At 13:00 GMT the United States will be known on net purchases of long-term U.S. securities by foreign investors and the total net amount of purchases of U.S. securities by foreign investors in July. At 14:00 GMT the U.S. will release the housing market index from the NAHB for September. At 22:45 GMT New Zealand will report on the balance of the current account of balance of payments and the ratio of current account deficit to GDP for the 2nd quarter .


17.09.2013 12:00

Orders

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