Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

26.03.2014 18:20

American focus : the pound was up against the U.S. dollar

The Euro is trading lower against the dollar, which has been associated with the release of U.S. data , as well as statements from representatives of the Central Bank. Ministry of Commerce announced today that orders for planes take off in February , masking slow demand for other industrial and durable goods. According to the report , orders for durable goods - products such as refrigerators and cars , period of use for more than three years - rose a seasonally adjusted 2.2% in February compared with the previous month , said Wednesday . This is the strongest value in November. Result January was revised downward to fall by 1.3%. Economists forecast that overall orders for durable goods rise by 1.1%. New orders for civilian and defense aircraft and parts led growth. Excluding the volatile transportation segment , orders for durable goods rose by only 0.2 %. New orders for primary metals and electronic products led the growth. But the demand for electrical machinery and equipment declined last month.

Little support for the euro had words of a member of the Governing Council of the ECB Luis Linde, who said that the eurozone faces a small but real risk of deflation , which could force the European Central Bank to take action. Linde, which is the main central bank of Spain, said that the ECB is ready and should be taken to avoid a deflationary trend. His comments were made after Tuesday's other Fed officials have sent a strong signal that they want to consider drastic measures to protect against dangerous low inflation. Earlier Wednesday, the head of the central bank of Slovakia Jozef Makuch said that the ECB is ready to fight to prevent a decline in prices, which , according to him, threatening to undermine the recovery in the eurozone.

Pound was up against the U.S. dollar , thus responding to the U.S. data and statements by the Bank of England Huila . Note that a member of the Bank of England Monetary Committee in an interview with Martin Weale Reading Post said that there is evidence of improvement in the economy. Britain feels better than Europe amid rising wages. Member of the Monetary Committee , which decides on rates , said uneven recovery : in some parts of it better than others. According to Wil there can be no guarantees with respect to any increase in interest rates in the future , but any increase will be gradual . He said: " I ​​think everything is going very well . It is evident that the economy is growing faster than a year ago. Inflation slightly below the target level after a long period exceeding it , it's certainly good news that we are doing our job . Wage growth is encouraging, we need revenue . " Will gave to understand how the economic picture is not the same in different parts of the country : " From the point of view of the Committee - a national policy that we are pursuing , should consider all and not only the rich part. Painting is never completely uniform . "

26.03.2014 18:01

European stock close

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