Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


23.01.2015 13:07

Foreign exchange market. European session: the British pound declined against the U.S. dollar despite the better-than-expected retail sales data from the U.K.

Economic calendar (GMT0):

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

01:35 Japan Manufacturing PMI (Preliminary) January 52.0 52.1

01:45 China HSBC Manufacturing PMI (Preliminary) January 49.6 49.5 49.8

07:58 France Services PMI (Preliminary) January 50.6 50.9 49.5

07:58 France Manufacturing PMI (Preliminary) January 47.5 48.1 49.5

08:28 Germany Manufacturing PMI (Preliminary) January 51.2 51.8 51.0

08:28 Germany Services PMI (Preliminary) January 52.1 52.6 52.7

08:58 Eurozone Manufacturing PMI (Preliminary) January 50.6 51.0 51.0

08:58 Eurozone Services PMI (Preliminary) January 51.6 52.1 52.3

09:00 Switzerland World Economic Forum Annual Meetings

09:30 United Kingdom Retail Sales (MoM) December +1.6% -0.6% +0.4%

09:30 United Kingdom Retail Sales (YoY) December +6.4% +3.0% +4.3%

The U.S. dollar traded higher against the most major currencies ahead of the U.S. economic data. The U.S. preliminary manufacturing purchasing managers' index is expected to climbs to 54.1 in January from 53.9 in December.

The existing home sales in the U.S. are expected to increase to 5.08 million units in December from 4.93 million units in November.

The euro fell against the U.S. dollar as the European Central Bank's decision to expand its asset purchase programme to 60 billion euro a month starting from March 2015 until September 2016 still weighed on the euro.

Eurozone's preliminary manufacturing PMI increased to 51.0 in January from 50.6 in November, in line with expectations.

Eurozone's preliminary services PMI rose to 52.3 in January from 51.6 in December. Analysts had expected the index to climb to 52.1.

Germany's preliminary manufacturing PMI decreased to 51.0 in January from 51.2 in December, missing forecasts of an increase to 51.8.

Germany's preliminary services PMI increased to 52.7 in January from 52.1 in December, beating expectations for a gain to 52.6.

France's preliminary manufacturing PMI rose to 49.5 in January from 47.5 in December, exceeding forecasts of a rise to 48.1.

France's preliminary services PMI fell to 49.5 in January from 50.6 in December, missing expectations for a gain to 50.9.

The British pound declined against the U.S. dollar despite the better-than-expected retail sales data from the U.K. Retail sales in the U.K. increased 0.4% in December, exceeding expectations for a 0.6% drop, after a 1.6% gain in November.

The increase was driven by lower petrol prices and higher demand in food.

On a yearly basis, retail sales in the U.K. climbed 4.3% in December, beating expectations for a 3.0% rise, after a 6.4% increase in November.

The Canadian dollar traded lower against the U.S. dollar ahead of the Canadian economic data. The consumer price index in Canada is expected to decline to an annual rate of 1.5% in December from 2.0% in November.

The core consumer price index in Canada is expected to remain unchanged at an annual rate of 2.1% in December.

Canadian retail sales are expected to increase 0.1% in November, after a flat reading in October.

Canadian retail sales excluding automobiles are expected to rise 0.5% in November, after a 0.2% rise in October.

The loonie dropped against the greenback on Wednesday as the Bank of Canada (BoC) cut its interest rate. The BoC lowered its interest rate to 0.75% from 1.0%.

EUR/USD: the currency pair fell to $1.1114

GBP/USD: the currency pair decreased to $1.4952

USD/JPY: the currency pair fell to $117.75

The most important news that are expected (GMT0):

13:30 Canada Retail Sales, m/m November 0.0% +0.1%

13:30 Canada Retail Sales ex Autos, m/m November +0.2% +0.5%

13:30 Canada Consumer Price Index m / m December -0.4% -0.5%

13:30 Canada Consumer price index, y/y December +2.0% +1.5%

13:30 Canada Bank of Canada Consumer Price Index Core, m/m December -0.2% -0.3%

13:30 Canada Bank of Canada Consumer Price Index Core, y/y December +2.1% +2.1%

14:45 U.S. Manufacturing PMI (Preliminary) January 53.9 54.1

15:00 U.S. Existing Home Sales December 4.93 5.08

23.01.2015 13:00

Orders

Market Focus

  • US nonfarm payrolls rise more than expected in July
  • Canada’s merchandise trade deficit widens in June
  • Canada unemployment rate falls to lowest level since October 2008
  • Canada Ivey PMI falls less than expected in July
August 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