Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities

28.01.2014 13:16

European session: the euro fell

07:45 France Consumer confidence January 85 85 86

09:30 United Kingdom GDP, q/q (Preliminary) Quarter IV +0.8% +0.8% +0.7%

09:30 United Kingdom GDP, y/y (Preliminary) Quarter III +1.9% +2.9% +2.8%

10:00 Eurozone ECOFIN Meetings January

The euro fell against the U.S. dollar against the background data on import prices in Germany. As shown by the data published by the Federal Statistical Office , import prices in Germany fell twelfth consecutive month in December, but in a lesser degree than in the previous month . The import price index fell by 2.3 percent in December compared with the corresponding month in 2012 . This followed a 2.9 percent drop in November. Prices are already falling regularly since December 2012 . Economists had forecast a slower decline by 2.2 percent in December 2013 . Index was influenced by a 5 percent fall in energy prices as well as falling to 15.5 per cent in the cost of non-ferrous metals . Prices for the products of iron, steel and alloys were 5.4 percent lower than a year earlier.

On a monthly basis , import prices were unchanged in December , after an increase in November to 0.1 percent. Expectations were level rise by 0.2 percent. Overall, in 2013 the import price index fell by 2.6 per cent per annum, after rising 2.2 percent in 2012 . The decrease was due mainly to a fall 7 percent in energy prices.

Department of Statistics also reported that in Germany, export prices decreased at a slower annual rate of 1 percent in December compared with a decline of 1.1 percent in the previous month . On a monthly measurement of export prices fell by 0.1 percent , after being unchanged in November.

At the beginning of the session, some support for the single currency was data on consumer confidence in France. The consumer confidence index rose to 86 in January from 85 in December and 84 in November. Economists had forecast the index to remain unchanged at December . Estimation by consumers of their past financial situation was essentially unchanged in January compared with the previous month . Meanwhile , their expectations of personal finances in the coming months were more optimistic, corresponding sub-indicator rose to -18 from -20 in December.

The survey showed that the number of households that said in January the best time to make major purchases and savings increased. Similarly , their expectations about future ability to save , were more optimistic. Measure attitudes households past state of the French economy grew by 2 points to -71 in January. At the same time , their expectations for the future state of the economy showed further improvement . Prospects indicator rose to -45 from -49 .

British pound reacted negatively to the preliminary data on GDP. Economic growth in the UK fell in the last quarter of 2013, and it is a slight slowdown can strengthen the authorities' determination to continue to promote , to support further growth . British National Bureau of Statistics (ONS) said on Tuesday that the gross domestic product in the 4th quarter increased by 0.7 % compared to the 3rd quarter , after rising 0.8% in the previous two quarters.

Compared with the same period of the previous year , GDP grew by 2.8%. Downturn in the construction industry in November was a major factor slowing , reported ONS, which estimates that production decline in the sector for the quarter was 0.3 %. In other sectors, there was an increase .

EUR / USD: during the European session, the pair rose to $ 1.3688 , but then fell to $ 1.3628

GBP / USD: during the European session, the pair rose to $ 1.6624 , but then fell to $ 1.6534

USD / JPY: during the European session, the pair rose to Y103.25

In the U.S. at 13:30 GMT will change in orders for durable goods , including excluding transport equipment for December, in 14:00 GMT - the index of home prices in 20 major cities of S & P / Case-Shiller, national composite house price index S & P / CaseShiller November in 15:00 GMT - indicator of consumer confidence for January . At 23:30 GMT Australia will present leading index of economic activity from the Westpac-MI in December.

28.01.2014 11:30

European stocks advanced

Market Focus

  • The Bank of Japan decided by a 7-2 majority vote to hold the interest rate at -0.10%
  • Earnings Season in U.S.: Major Reports of the Week
  • U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week
  • Australian unemployment rate stable at 5.6% in June
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002


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
Request a callback
Top Page