Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



08.12.2015 13:09

Foreign exchange market. European session: the British pound traded lower against the U.S. dollar after the weaker-than-expected manufacturing data from the U.K.

Economic calendar (GMT0):

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

00:30 Australia National Australia Bank's Business Confidence November 2 5

02:00 China Trade Balance, bln November 61.64 63.3 54.1

05:00 Japan Eco Watchers Survey: Outlook November 49.1 48.2

05:00 Japan Eco Watchers Survey: Current November 48.2 48.6 46.1

07:45 France Trade Balance, bln October -3.59 Revised From -3.38 -3.3 -4.58

08:00 United Kingdom Halifax house price index November 1.0% Revised From 1.1% 0.3% -0.2%

08:00 United Kingdom Halifax house price index 3m Y/Y November 9.7% 9%

09:30 United Kingdom Industrial Production (MoM) October 0.0% Revised From -0.2% 0.1% 0.1%

09:30 United Kingdom Industrial Production (YoY) October 1.5% Revised From 1.1% 1.2% 1.7%

09:30 United Kingdom Manufacturing Production (MoM) October 0.9% Revised From 0.8% 0% -0.4%

09:30 United Kingdom Manufacturing Production (YoY) October -0.4% Revised From -0.6% 0.1% -0.1%

10:00 Eurozone GDP (QoQ) (Revised) Quarter III 0.4% 0.3% 0.3%

10:00 Eurozone GDP (YoY) (Revised) Quarter III 1.5% 1.6% 1.6%

The U.S. dollar traded mixed against the most major currencies ahead the release of the U.S. job openings data. Job openings in the U.S. are expected to rise to 5.550 million in October from 5.526 million in September.

The euro mixed against the U.S. dollar on the GDP data from the Eurozone. Eurostat released its revised gross domestic product (GDP) data for the Eurozone on Tuesday. Eurozone's revised GDP rose 0.3% in third quarter, in line with the preliminary reading, after a 0.4% gain in the second quarter.

On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 1.6% in third quarter, in line with the preliminary reading, after a 1.5% rise in the second quarter.

Household spending gained 0.4% in the third quarter, while gross fixed capital formation was flat.

Exports climbed by 0.2% in the third quarter, while imports rose by 0.9%.

The Bank of France cuts its growth forecast for the fourth quarter on Tuesday. The central bank expects the French economy to expand 0.3% in the fourth quarter, down from the previous estimate of a 0.4% growth.

According to the French Customs, France's trade deficit widened to €4.58 billion in October from €3.59 billion in September, missing expectations for a decline to a deficit of €3.3 billion.

The British pound traded lower against the U.S. dollar after the weaker-than-expected manufacturing data from the U.K. The Office for National Statistics (ONS) released its manufacturing industrial production figures for the U.K. on Tuesday. Manufacturing production in the U.K. fell 0.4% in October, missing expectations for a flat reading, after a 0.9% increase in September. September's figure was revised up from a 0.8% rise.

Manufacturing output was driven by a drop in the repair and maintenance of aircraft and spacecraft, which plunged by 21.5% in October.

On a yearly basis, manufacturing production in the U.K. decreased 0.1% in October, missing forecast of a 0.1% gain, after a 0.4% drop in September. September's figure was revised up from a 0.6% decrease.

Industrial production in the U.K. climbed 0.1% in October, in line with forecasts, after a flat reading in September. September's figure was revised up from a 0.2% decline.

The increase was driven by a rise in the production of oil, water and power.

On a yearly basis, industrial production in the U.K. gained 1.7% in October, exceeding expectations for a 1.2% rise, after a 1.5% increase in September. September's figure was revised up from a 1.1% rise.

The Canadian dollar traded lower against the U.S. dollar ahead the release of the housing market data from Canada. The Canadian building permits are expected to rise 3.2% in October, after a 6.7% decline in September.

Housing starts in Canada are expected to rise to 198,700 in November from 198,100 in October.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair declines to $1.4968

USD/JPY: the currency pair decreased to Y122.86

The most important news that are expected (GMT0):

13:15 Canada Housing Starts November 198.1 198.7

13:30 Canada Building Permits (MoM) October -6.7% 3.2%

15:00 United Kingdom NIESR GDP Estimate November 0.6%

15:00 U.S. JOLTs Job Openings October 5.526 5.550

17:50 Canada BOC Gov Stephen Poloz Speaks

23:30 Australia Westpac Consumer Confidence December 3.9%

23:50 Japan Core Machinery Orders October 7.5% -1.5%

23:50 Japan Core Machinery Orders, y/y October -1.7% 1.4%

08.12.2015 12:45

Orders

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