Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



29.10.2015 07:00

Foreign exchange market. Asian session: the yen advanced against the U.S. dollar

Economic calendar (GMT0):

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

00:30 Australia Import Price Index, q/q Quarter III 1.4% 1.6% 1.4%

00:30 Australia Export Price Index, q/q Quarter III -4.4% 0.5% 0.0%

The U.S. dollar rose against the euro after the Federal Reserve left its key interest rate unchanged, but gave a hint that a rate hike in December would still be possible. Fed's statement did not mention a concern seen in September that market turbulence and worldwide events might hold back economic activity in the U.S. This does not guarantee a rate hike in the current year, but it signals that obstacles mentioned in September decreased.

The yen advanced against the U.S. dollar amid Japanese industrial production data. The Ministry of Economy, Trade and Industry reported that the country's industrial production rose by 1.0% in September compared to a 1.3% decline reported previously and a 0.5% fall expected by economists. On a y/y basis the index came in at -0.9%. The unexpected rise in September gives hope for a stronger growth of the country's economy despite China's economic slowdown.

Tomorrow the Bank of Japan will hold a meeting and revise inflation and economic growth forecasts. Inflation forecasts are likely to be revised down.

The New Zealand dollar declined after the Reserve Bank of New Zealand left it benchmark rate at 2.75%, but signaled that it might be lowered later on. A rate cut would depend on economic data. The RBNZ's inflation target is 1%-3%, while the CPI is currently at 0.4%.

EUR/USD: the pair fluctuated within $1.0900-35 in Asian trade

USD/JPY: the pair fell to Y120.60

GBP/USD: the pair fell to $1.5250

The most important news that are expected (GMT0):

(time / country / index / period / previous value / forecast)

07:00 United Kingdom Nationwide house price index, y/y October 3.8% 3.8%

07:00 United Kingdom Nationwide house price index October 0.5% 0.5%

08:55 Germany Unemployment Change October 3 -4

08:55 Germany Unemployment Rate s.a. October 6.4% 6.4%

09:30 United Kingdom Consumer credit, mln September 860 1100

09:30 United Kingdom Mortgage Approvals September 71.03 72.45

09:30 United Kingdom Net Lending to Individuals, bln September 4.3

10:00 Eurozone Economic sentiment index October 105.6 105.2

10:00 Eurozone Consumer Confidence (Finally) October -7.1 -7.7

10:00 Eurozone Business climate indicator October 0.34 0.32

10:00 Eurozone Industrial confidence October -2.2 -2.7

11:00 United Kingdom CBI retail sales volume balance October 49

12:30 Canada Industrial Product Price Index, m/m September -0.3% -0.1%

12:30 Canada Industrial Product Price Index, y/y September -0.4%

12:30 U.S. Continuing Jobless Claims October 2170 2160

12:30 U.S. Initial Jobless Claims October 259 263

12:30 U.S. PCE price index, q/q (Preliminary) Quarter III 2.2% 3.2%

12:30 U.S. PCE price index ex food, energy, q/q (Preliminary) Quarter III 1.9% 1.4%

12:30 U.S. GDP, q/q (Preliminary) Quarter III 3.9% 1.6%

13:00 Germany CPI, m/m (Preliminary) October -0.2% -0.1%

13:00 Germany CPI, y/y (Preliminary) October 0% 0.2%

14:00 U.S. Pending Home Sales (MoM) September -1.4% 1%

14:10 U.S. FOMC Member Dennis Lockhart Speaks

21:45 New Zealand Building Permits, m/m September -4.9% 0.2%

23:30 Japan Unemployment Rate September 3.4% 3.4%

23:30 Japan Tokyo Consumer Price Index, y/y October -0.1%

23:30 Japan Tokyo CPI ex Fresh Food, y/y October -0.2% -0.1%

23:30 Japan National Consumer Price Index, y/y September 0.2%

23:30 Japan National CPI Ex-Fresh Food, y/y September -0.1% -0.2%

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