Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

13.03.2014 13:15

European session: the euro rose

07:45 France CPI, m/m February -0.6% +0.4% +0.6%

07:45 France CPI, y/y February +0.7% +1.1% +1.1%

09:00 Eurozone ECB Monthly Report March

12:30 Canada New Housing Price Index January +0.1% +0.3% +0.3%

12:30 U.S. Retail sales February -0.6% Revised From -0.4% +0.3% +0.3%

12:30 U.S. Retail sales excluding auto February -0.3% Revised From 0.0% +0.2% +0.3%

12:30 U.S. Import Price Index February +0.4% Revised From +0.1% +0.6% +0.9%

12:30 U.S. Initial Jobless Claims March 324 Revised From 323 334 315

The euro has risen sharply against the U.S. dollar in the absence of significant macro-statistics . Secondary data came from information on inflyatsii.Vo France French measure of inflation, agreed by EU standards , accelerated in February, slightly faster than expected, data showed on Thursday statistical office INSEE. Harmonized index of consumer prices , or HICP, rose 1.1 percent year on year , after rising 0.8 percent in January . Economists had expected the rate of inflation will be 1 percent . On a monthly measurement of the harmonized index of consumer prices rose 0.6 percent in February , replacing a similar decline in January. Monthly data were in line with expectations of economists.

HICP growth in February came mainly from the end of the winter sales and its effect on the prices of clothing and footwear , and to a lesser extent on the price of industrial products.

In turn, the consumer price index rose by 0.9 percent a year in February , after a 0.7 percent gain in the previous month . Economists forecast the inflation rate of 1 percent . Core inflation rose to 0.7 per cent compared with January unusually low level of 0.1 percent. The monthly increase was 0.5 percent in February compared with 0.4 percent in the previous month . On a monthly basis, the CPI rose by 0.6 per cent , offsetting the decline of similar size in the previous month . Economists had expected a gain of 0.5 percent.

Also today published a monthly report by the ECB. In its March bulletin of the ECB Governing Council reiterated that rates will be kept low for a long period of time , according to the downward revision of inflation associated with the continued weakness of the eurozone economy and " high level of spare capacity , and reducing the growth of money and credit " .

Yet a moderate recovery in the region takes place in accordance with the forecasts of the ECB, and the current outlook for prices and the economy confirms the need to continue accommodative policy , as it is necessary to maintain recovery.

The Governing Council of the ECB expects that " in 2014, the annual HICP growth will be 1.0% , in 2015 - 1.3% , and in 2016 - 1.5% ," adding that "in the last quarter of 2016 the annual rise is expected to be + 1.7 %. " As for GDP growth , the Bank expects that in 2014 it will be 2% , in 2015 - 1.5 %, and in 2016 - 1.8%.

Finally, the report calls on the National Bank of the governments of member states to increase efforts aimed at " reducing the national debt by implementing financial strategies under the Stability and Growth Pact . Authorities also need to continue structural reforms aimed at reducing the level of unemployment in the region.

The British pound also rose substantially against the dollar on housing data . Rising house prices in the UK slowed in February , showed on Thursday last poll from the Royal Institution of Chartered Surveyors (RICS). House price balance amounted to six minimum score of 45 . The result fell short of forecasts, at 52 , that it would be unchanged compared with the result of January (which was revised down from 53 ) .

Among the individual components of the survey, subindexes price expectations , sales and number of customers continued to increase . Regionally, prices rose at a much faster pace in London and the South East .

EUR / USD: during the European session, the pair rose to $ 1.3967

GBP / USD: during the European session, the pair rose to $ 1.6717

USD / JPY: during the European session, the pair fell to Y102.41 and stepped

In the U.S. at 14:00 GMT will change in the volume of reserves in commercial warehouses for January. At 21:30 GMT New Zealand will release the index of business activity in the manufacturing sector of Business NZ in February. At 23:50 GMT the meeting minutes will be published on the Bank of Japan's monetary policy .

13.03.2014 13:00


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


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