Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



16.02.2016 13:20

Foreign exchange market. European session: the euro traded mixed against the U.S. dollar after the release of the weak ZEW economic sentiment data from Germany and the Eurozone

Economic calendar (GMT0):

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

00:30 Australia RBA Meeting's Minutes

02:00 China New Loans January 597.8 1800 2510

09:30 United Kingdom Producer Price Index - Input (MoM) January -0.3% Revised From -0.8% -1.4% -0.7%

09:30 United Kingdom Retail prices, Y/Y January 1.2% 1.4% 1.3%

09:30 United Kingdom Producer Price Index - Output (MoM) January -0.3% Revised From -0.2% -0.2% -0.1%

09:30 United Kingdom Producer Price Index - Input (YoY) January -10.4% Revised From -10.8% -8.8% -7.6%

09:30 United Kingdom Producer Price Index - Output (YoY) January -1.4% Revised From -1.2% -0.9% -1.0%

09:30 United Kingdom Retail Price Index, m/m January 0.3% -0.6% -0.7%

09:30 United Kingdom HICP, m/m January 0.1% -0.7% -0.8%

09:30 United Kingdom HICP, Y/Y January 0.2% 0.3% 0.3%

09:30 United Kingdom HICP ex EFAT, Y/Y January 1.4% 1.3% 1.2%

10:00 Eurozone ZEW Economic Sentiment February 22.7 10.3 13.6

10:00 Germany ZEW Survey - Economic Sentiment February 10.2 0 1

The U.S. dollar traded mixed against the most major currencies ahead of the release of the U.S. economic data. The NAHB housing market index is expected to remain unchanged at 60 in February.

The NY Fed Empire State manufacturing index is expected to rise to -10.0 in February from -19.37 in January.

The euro traded mixed against the U.S. dollar after the release of the weak ZEW economic sentiment data from Germany and the Eurozone. The ZEW Center for European Economic Research released its economic sentiment index for Germany and the Eurozone on Tuesday. Germany's ZEW economic sentiment index declined to 1.0 in February from 10.2 in January, beating expectations for a fall to 0.0.

"The looming slowdown of the world economy and the uncertain consequences of the falling oil price put a strain on the ZEW Indicator of Economic Sentiment. In view of these developments, the concern over an increased credit default risk has already caused stock and bond prices for many banks in Europe, Japan and the US to slump," head of the "International Finance and Financial Management" Research Department at ZEW, Sascha Steffen, said.

Eurozone's ZEW economic sentiment index dropped to 13.6 in February from 22.7 in January, beating expectations for a decline to 10.3.

The British pound traded lower against the U.S. dollar after the release of the U.K. inflation data. The Office for National Statistics (ONS) released the consumer price inflation data for the U.K. on Tuesday. The U.K. consumer price index rose to 0.3% year-on-year in January from 0.2% in December, in line with expectations. It was the highest reading since January 2015.

The rise was driven by a softer decline in food and fuel prices.

On a monthly basis, U.K. consumer prices dropped 0.8% in January, missing expectations for a 0.7% fall, after a 0.1% gain in December.

The monthly decline was driven by a drop in air fare prices.

Consumer price inflation excluding food, energy, alcohol and tobacco prices decreased to 1.2% year-on-year in January from 1.4% in December, missing expectations for a 1.3% gain.

The consumer price inflation is below the Bank of England's 2% target.

The Canadian dollar traded lower against the U.S. dollar ahead of the release of the manufacturing shipments data from Canada. Canadian manufacturing shipments are expected to rise 0.7% in December, after a 1.0% gain in November.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair declined to $1.4365

USD/JPY: the currency pair fell to Y113.63

The most important news that are expected (GMT0):

13:30 Canada Manufacturing Shipments (MoM) December 1% 0.7%

13:30 U.S. NY Fed Empire State manufacturing index February -19.37 -10

15:00 U.S. NAHB Housing Market Index February 60 60

21:00 U.S. Total Net TIC Flows December -3.2

21:00 U.S. Net Long-term TIC Flows December 31.4

23:50 Japan Core Machinery Orders December -14.4% 4.7%

23:50 Japan Core Machinery Orders, y/y December 1.2% -3.1%

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