Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



06.03.2015 13:00

Foreign exchange market. European session: the British pound traded lower against the U.S. dollar after consumer inflation expectations from the U.K.

Economic calendar (GMT0):

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

05:00 Japan Leading Economic Index January 105.3 Revised From 105.6 105.9 105.1

05:00 Japan Coincident Index January 110.6 Revised From 110.7 113

07:00 Germany Industrial Production s.a. (MoM) January +1.0% Revised From +0.1% +0.6% +0.6%

07:00 Germany Industrial Production (YoY) January +0.5% Revised From -0.7% +0.9%

07:45 France Trade Balance, bln January -3.4 -3.7

08:00 Switzerland Foreign Currency Reserves February 498.4 509.3

08:15 Switzerland Consumer Price Index (MoM) February -0.4% +0.1% -0.3%

08:15 Switzerland Consumer Price Index (YoY) February -0.5% -0.6% -0.8%

09:30 United Kingdom Consumer Inflation Expectations Quarter I +2.5% +1.9%

10:00 Eurozone GDP (QoQ) (Revised) Quarter IV +0.3% +0.3% +0.3%

10:00 Eurozone GDP (YoY) (Revised) Quarter IV +0.8% +0.9% +0.9%

The U.S. dollar traded mixed against the most major currencies ahead of the U.S. labour market data. The U.S. unemployment rate is expected to decline to 5.6% in February from 5.7% in January. The U.S. economy is expected to add 241,000 jobs in February.

The U.S. trade deficit is expected to narrow to $41.6 billion in January from $46.6 billion in December.

The euro fell against the U.S. dollar. The euro remained under pressure after yesterday's comments by the ECB President Mario Draghi. The European Central Bank (ECB) President Mario Draghi said at the press conference on Thursday that the central bank will start its 60 billion euro-a-month bond purchases on March, 9. He noted that the ECB will buy euro-dominated public sector securities in the secondary market, and it will also continue to purchase asset-backed securities and covered bonds.

Eurozone's revised gross domestic product (GDP) rose 0.32% in fourth quarter, in line with expectations and matching an initial estimate.

On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 0.9% in fourth quarter, in line with expectations, up from an initial estimate of 0.8%.

German industrial production increased 0.6% in January, in line with expectations, after a 1.0% gain in December. December's figure was revised up from a 0.1% increase.

The British pound traded lower against the U.S. dollar after consumer inflation expectations from the U.K. Consumer inflation expectations for the coming year in the UK declined to 1.9% in February from 2.5% in November. That was the lowest level since late 2001.

The Canadian dollar traded higher against the U.S. dollar ahead of Canadian economic data. Building permits in Canada are expected to climb 5.5% in January, after a 7.7% rise in December.

The Canadian trade deficit is expected to narrow to a surplus of C$0.3 billion in January from a deficit of C$0.65 billion in December.

Canadian labour productivity is expected to rise 0.2% in the fourth quarter, after a 0.1% increase in the third quarter.

The Swiss franc traded lower against the U.S. dollar after the weak consumer price inflation from Switzerland. Switzerland's consumer price index dropped 0.3% in February, missing expectations for a 0.1% rise, after a 0.4% decline in January.

The decline was driven by a decrease in petrol and diesel fuel, groceries, and package holidays.

On a yearly basis, Switzerland's consumer price index declined to -0.8% in February from -0.5% in January, missing expectations for a 0.6% drop. That was the since June 2012.

The Swiss National Bank's foreign exchange reserves increased to 509.250 billion Swiss francs in February from 498.463 billion francs in January. January's figure was revised up from 498.398 billion francs.

The increase was likely driven by a decline in the Swiss franc.

The SNB declined to comment if it may have intervened.

EUR/USD: the currency pair fell to $1.0929

GBP/USD: the currency pair declined to $1.5160

USD/JPY: the currency pair decreased to Y119.93

The most important news that are expected (GMT0):

13:30 Canada Building Permits (MoM) January +7.7% +5.5%

13:30 Canada Trade balance, billions January -0.6 0.3

13:30 Canada Labor Productivity Quarter IV +0.1% +0.2%

13:30 U.S. International Trade, bln January -46.6 -41.6

13:30 U.S. Average hourly earnings February +0.5% +0.2%

13:30 U.S. Nonfarm Payrolls February 257 241

13:30 U.S. Unemployment Rate February 5.7% 5.6%

Market Focus

  • The Bank of Japan decided by a 7-2 majority vote to hold the interest rate at -0.10%
  • Earnings Season in U.S.: Major Reports of the Week
  • U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week
  • Australian unemployment rate stable at 5.6% in June
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
24
25
26
27
28
29
30
31

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