Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


23.10.2013 12:19

European session: the pound fell

08:30 United Kingdom Bank of England Minutes

08:30 United Kingdom BBA Mortgage Approvals September 38.2 39.4 43


The British pound is reduced after the release of the protocol of the Bank of England, which reflected the unanimous sentiment of the Committee members to keep loose monetary policy with just a hint of the fact that the steady improvement of the economy of Britain can serve as a sufficient argument for further revision of the forecasts for the rate increase .

In respect of new policies transparent communication , which the lawyer is the new head of the Bank of England M. Carney , the report states: "At the moment it seems likely that in the 2nd half of 2013 unemployment will be lower and the rate of production - faster than expected in the August inflation report ".

However, says further , " On the basis of the latest statistics on the labor market is still too early to make any confident verdicts on the extent of the growth of productivity."

The yen rose to its highest level in two weeks against the dollar , as the volume of bad loans in China soared to a peak in July , stimulating demand for safer assets . The yen rose against all 16 major currencies.

Euro fell against the U.S. dollar amid evidence that the debts of the governments of the euro area in the 2nd quarter continued to grow. This indicates that , despite the return to the Monetary Union growth, one of the most difficult problems have not been solved.

According to data released on Wednesday the EU statistics agency Eurostat, eurozone public debt in relation to the aggregate euro area GDP in the 2nd quarter increased to 93.4 % versus 92.3 % in the 1st quarter and to 89.9 % in the same period the previous year.

According to the rules of the European Union , governments must keep their debt at a level not exceeding 60 % of GDP.


EUR / USD: during the European session, the pair fell to $ 1.3739


GBP / USD: during the European session, the pair fell to $ 1.6118

USD / JPY: during the European session, the pair fell to Y97.15

At 12:30 GMT the United States will import price index for September. At 14:00 GMT we will know the decision of the Bank of Canada Interest Rate and the accompanying statement will be made of the Bank of Canada. At 14:00 GMT Eurozone will release an indicator of consumer confidence for October. At 14:30 GMT will publish a report on the Bank of Canada's monetary policy. At 14:30 GMT the United States , there are data on stocks of crude oil from the Ministry of Energy . At 15:15 GMT will be a press conference by the Bank of Canada . At 21:45 GMT New Zealand will release the trade balance (for 12 months , from the beginning of the year ) and the trade balance for September.

23.10.2013 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