Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


07.07.2014 09:11

Foreign exchange market. Asian session: the Australian dollar traded slightly higher against the U.S. dollar after the economic data from Australia

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

01:30 Australia AiG Performance of Construction Index June 46.7 51.8

03:30 Australia ANZ Job Advertisements (MoM) June -5.7% Revised From -5.6% +4.3%

07:00 Japan Leading Economic Index May 106.5 106.0 105.7

07:00 Japan Coincident Index May 111.1 111.0 111.1

07:45 Switzerland Unemployment Rate June 3.2% 3.2% 3.2%

08:00 Germany Industrial Production s.a. (MoM) May -0.3% Revised From +0.2% +0.3% -1.8%

08:00 Germany Industrial Production (YoY) May +1.8% +1.3%

09:00 Switzerland Foreign Currency Reserves June 444.4 449.6

10:30 Eurozone Sentix Investor Confidence July 8.5 7.5 10.1

11:00 Eurozone Eurogroup Meetings

11:00 Eurozone ECB President Mario Draghi Speaks

The U.S. dollar traded higher against the most major currencies. The U.S. currency was still supported by Thursday's better-than-expected U.S. labour market data. U.S. companies added 288,000 jobs in June.

The unemployment rate in the U.S. dropped to 6.1% in June from 6.3% in May. That was the lowest level since September 2008.

Market participants speculate the Fed may hike its interest rate sooner than expected.

The New Zealand dollar decreased against the U.S dollar in the absence of any major economic reports in New Zealand. The U.S. dollar was still supported by Thursday's U.S. jobs report.

The Australian dollar traded slightly higher against the U.S. dollar after the economic data from Australia. The AI Group/HIA released its housing construction index for June. The index increased to 51.8 in June from 46.7 in May.

The ANZ job advertisements rose 4.3% in June from a decline of 5.7% in May. May's figure was revised down from a drop of 5.6%.

The Japanese yen traded higher against the U.S. dollar. Japan's leading economic index declined to 105.7 in May from 106.5 in April, missing expectations for a decrease to 106.0. April's figure was revised down from 106.6.

Japan's coincident index remained unchanged at 111.1 in May, beating expectations for a decline to 111.0.

The Bank of Japan Governor Haruhiko Kuroda said on Monday the BoJ will maintain its stimulus programme for as long as necessary to achieve its 2% inflation target. He added that "the BOJ will examine upside and downside risks to the economy and prices, and adjust monetary policy as needed".

EUR/USD: the currency pair declined to $1.3580

GBP/USD: the currency pair decreased to $1.7135

USD/JPY: the currency pair declined to Y102.09

The most important news that are expected (GMT0):

14:30 Canada Building Permits (MoM) May +1.1% +3.1%

16:00 Canada Ivey Purchasing Managers Index June 48.2 51.3

16:30 Canada Bank of Canada Business Outlook Survey Quarter II

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

Quotes

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
Online
consultant
Request a callback
Top Page