FX & CFD trading involves significant risk
06:00 Switzerland Trade Balance March 2.62 2.79 2.05
08:00 Germany IFO - Business Climate April 110.7 110.5 111.2
08:00 Germany IFO - Current Assessment April 115.2 115.7 115.3
08:00 Germany IFO - Expectations April 106.4 105.9 107.3
09:00 Eurozone ECB President Mario Draghi Speaks
10:00 United Kingdom CBI retail sales volume balance April 13 18 30
The euro traded mixed. The euro was supported by German IFO business climate. The index climbed to 111.2 in April from 110.7 in March. The projected figure was 110.5 points. But later, the Eurozone currency declined after the speech of the European Central Bank president Mario Draghi. Mario Draghi said that the central bank could trigger new quantitative stimulus measures to combating the threat of deflation and the credit crunch. A strong euro could also be a reason for additional action.
The U.S. dollar strengthened against the most major currencies ahead the publication of unemployment claims and core durable goods orders.
The British pound climbed a little against the U.S. dollar. The better-than-expected CBI retail sales volume balance figure supported the British currency. The CBI retail sales index rose to 30 in April from 13 in March. Analysts forecasted the increase to 18.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair climbed a little
USD/JPY: the currency pair traded mixed
The most important news that are expected (GMT0):
12:30 U.S. Durable Goods Orders March +2.2% +2.1%
12:30 U.S. Durable Goods Orders ex Transportation March +0.2% +0.6%
12:30 U.S. Durable goods orders ex defense March +1.8%
12:30 U.S. Initial Jobless Claims April 304 309
16:15 Eurozone ECB’s Vitor Constancio Speaks
23:30 Japan Tokyo Consumer Price Index, y/y April +1.3%
23:30 Japan Tokyo CPI ex Fresh Food, y/y April +1.0% +2.8%
23:30 Japan National Consumer Price Index, y/y March +1.5%
Japan National CPI Ex-Fresh Food, y/y March +1.3% +1.4%
|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.