Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities



04.12.2014 09:20

Press Review: Fed's Fischer says government bond buys by ECB would have positive effects

REUTERS

Fed's Fischer says government bond buys by ECB would have positive effects: La Repubblica

(Reuters) - The European Central Bank should follow the example of the U.S. Federal Reserve and buy government bonds to prop up the tottering euro zone economy, the Fed's vice chair Stanley Fischer was quoted as saying in an Italian newspaper.

"The same arguments in favor of quantitative easing (bond purchases) that demonstrated their effectiveness for the U.S. economy are valid for Europe too. If the ECB moves in that direction, it will have positive effects," Fischer told La Repubblica daily in an interview.

Source: http://www.reuters.com/article/2014/12/04/us-fed-fischer-ecb-idUSKCN0JI0I820141204

REUTERS

Euro zone risks return to contraction, China outlook smoggy

(Reuters) - The euro zone economy may face another contraction after business activity grew less than expected in November, although more upbeat data in Asia and the United States suggested global growth should remain intact in the final quarter.

Firms across the euro zone cut prices again, which may be a topic of concern for the European Central Bank at a policy meeting on Thursday.

However, China's services sector picked up some pace in November and JPMorgan's Global All-Industry Output Index, produced with Markit, held above the 50 mark dividing growth from contraction.

Source: http://www.reuters.com/article/2014/12/04/us-global-economy-idUSKCN0JI00B20141204

BLOOMBERG

Yen's Drop Seen Bounded by Government Rhetoric as Vote Looms

The yen's slide to much beyond 120 per dollar will have to wait until after the Dec. 14 general election -- at least if the Japanese government has its say.

Officials are likely to continue verbal intervention to prevent excessive yen declines, according to Nomura Holdings Inc. strategist Yunosuke Ikeda, after the currency tumbled from about 109 per dollar in late October to a seven-year low of 119.95 today. Finance Minister Taro Aso warned on Nov. 21 that the yen was falling too fast, as it raced to its biggest monthly drop since the start of 2013, spurred by an unexpected expansion of Bank of Japan stimulus on Oct. 31.

Source: http://www.bloomberg.com/news/2014-12-03/yen-drop-seen-bounded-by-government-jawboning-as-election-looms.html

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 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