FX & CFD trading involves significant risk
02:00 China Retail Sales y/y December +13.7% +13.6% +13.6%
02:00 China Industrial Production y/y December +10.0% +9.8% +9.7%
02:00 China Fixed Asset Investment December +19.9% +19.9% +19.6%
02:00 China NBS Press Conference
02:00 China GDP y/y Quarter IV +7.8% +7.6% +7.7%
04:30 Japan Industrial Production (MoM) (Finally) November +0.1% +0.1% -0.1%
04:30 Japan Industrial Production (YoY) (Finally) November +5.0% +5.0% +4.8%
The dollar touched its strongest since November versus the euro amid speculation the Federal Reserve will continue reducing stimulus as the U.S. economy improves.
The Bloomberg Dollar Spot Index held a four-month high after a Citigroup Inc. gauge showed last week that economic data were surpassing expectations by the most in almost two years.
The yen rose against all its major peers as a decline in Asian stocks boosted its allure as a haven.
The Australian dollar rallied from its lowest in more than three years after China’s economic growth beat economists’ forecasts. Gross domestic product in China, the world’s second-largest economy and Australia’s biggest trading partner, slowed to 7.7 percent in the fourth quarter from a year earlier. Economists polled by Bloomberg predicted 7.6 percent growth.
New Zealand’s dollar fell after an earthquake struck the North Island.
U.S. markets will be closed today for a holiday commemorating civil rights leader Martin Luther King Jr.
EUR / USD: during the Asian session, the pair traded in the range of $ 1.3505-40
GBP / USD: during the Asian session, the pair traded in the range of $ 1.6395-25
USD / JPY: on Asian session the pair fell to Y103.85
There is a very quiet calendar Monday, with limited European data and the US markets closed for the national Martin Luther King holiday. Monday's calendar kicks off at 0700GMT, with the release of German December PPI data set to be published. Analysts are looking for a reading of "flat" on month, and down 0.6% on year - a pick-up from the -0.8% in November. Spanish data set for release at 0800GMT includes the release of the November industrial orders and services survey. At 0900GMT, Italian November industrial sales and orders data will be published. Orders are seen flat on month, up 1.5% on year. French President Hollande as set to put his domestic woes to the side for a few hours,as he visits The Netherlands. In the afternoon, Belgian consumer confidence datawill be released at 1400GMT.
|remaining time till the new event being published|
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.