(+357) 22314160


Show news:

22.07.2014 05:22

Asian session: The Australian dollar rebounded

02:00 China Leading Index June +0.7% +1.3%

03:00 Australia RBA's Governor Glenn Stevens Speech

04:30 Japan All Industry Activity Index, m/m May -4.3% +0.7% +0.6%

A gauge of the dollar was 0.1 percent from the highest in a month as an increase in short-term U.S. Treasury yields signaled mounting expectations the Federal Reserve will raise interest rates.

The correlation between dollar-yen and Treasury two-year yields rose to the highest since March, before data today that may show inflation held at the fastest pace since 2012. U.S. consumer prices climbed at an annual rate of 2.1 percent in June, matching May's figure that was the most since October 2012, according to a Bloomberg News survey of economists before today's Labor Department report. The inflation rate has increased from 1.1 percent in February.

Traders saw a 46 percent chance the Fed will raise the target rate for overnight bank lending by June, according to futures data compiled by Bloomberg as of yesterday. That's up from a 40 percent possibility on June 30.

The Australian dollar rebounded after RBA Governor Stevens didn't comment directly on the currency, monetary policy stance or the outlook for the domestic economy in prepared remarks at a luncheon today in Sydney. The currency tumbled 1 percent on July 3 when he said it was "overvalued" by most measures. Australia's statistics bureau may say tomorrow consumer prices climbed 3 percent in the second quarter from a year earlier, the biggest increase since December 2011, according to economists surveyed by Bloomberg.

Reserve Bank of New Zealand Governor Graeme Wheeler will raise borrowing costs for a fourth time this year, to 3.5 percent on July 24, according to all except one of 15 economists surveyed by Bloomberg. Policy makers will boost rates by 69 basis points during the next 12 months, according to a Credit Suisse Group AG index. That compares with a projected increase of as much as 135 basis points in March.

EUR / USD: during the Asian session, the pair traded in the range of $ 1.3520-30

GBP / USD: during the Asian session, the pair rose to $ 1.7080

USD / JPY: during the Asian session, the pair rose to Y101.50

UK public borrowing data due up at 0830GMT provides the domestic interest today, though overshadowed by US inflation data at 1230GMT.

Market Focus

January 2018
  • 2018
  • 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

Fb twitter linkedIn youtube
proficient forex broker teletrade
  • © 2011-2018 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