Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


19.02.2016 13:10

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

Economic calendar (GMT0):

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

04:30 Japan All Industry Activity Index, m/m December -1.1% Revised From -1.0% -0.3% -0.9%

07:00 Germany Producer Price Index (MoM) January -0.5% -0.3% -0.7%

07:00 Germany Producer Price Index (YoY) January -2.3% -2% -2.4%

09:30 United Kingdom PSNB, bln January -7.49 Revised From 7.49 13.95 11.81

09:30 United Kingdom Retail Sales (MoM) January -1.4% Revised From -1% 0.8% 2.3%

09:30 United Kingdom Retail Sales (YoY) January 2.3% Revised From 2.6% 3.6% 5.2%

13:00 U.S. FOMC Member Mester Speaks

The U.S. dollar traded mixed to higher against the most major currencies ahead of the release of the U.S. consumer price inflation data. The U.S. consumer price inflation is expected to rise to 1.3% year-on-year in January from 0.7% in December.

The U.S. consumer price index excluding food and energy is expected to remain unchanged at 2.1% year-on-year in January.

The euro traded lower against the U.S. dollar in the absence of any major economic reports from the Eurozone.

Destatis released its producer price index (PPI) for Germany on Friday. German PPI producer prices declined 0.7% in January, missing expectations for a 0.3% fall, after a 0.5% drop in December.

On a yearly basis, German PPI dropped 2.4% in January, missing expectations for a 2.0% decrease, after a 2.3% fall in December.

The decline was mainly driven by a drop in energy prices.

The British pound traded lower against the U.S. dollar despite the better-than-expected U.K. retail sales data. The Office for National Statistics released its retail sales data for the U.K. on Friday. Retail sales in the U.K. climbed 2.3% in January, exceeding expectations for a 0.8% gain, after a 1.4% drop in December. December's figure was revised down from a 1.0% decrease.

The increase was driven by lower demand for clothing and computer.

On a yearly basis, retail sales in the U.K. jumped 5.2% in January, beating forecasts of 3.6% increase, after a 2.3% rise in December. December's figure was revised down from a 2.6% gain.

Public sector net borrowing excluding banks rose to £11.2 billion in January from £10.2 billion in January last year. It was the biggest surplus since 2008.

The increase was driven by the high level of tax receipts.

The Canadian dollar traded lower against the U.S. dollar ahead of the release of the Canadian economic data. The consumer price index in Canada is expected to climb 1.7% year-on-year in January from 1.6% in December.

The core consumer price index in Canada is expected to remain unchanged at 1.9% year-on-year in January.

Canadian retail sales are expected to decrease 0.6% in December, after a 1.7% rise in November.

EUR/USD: the currency pair decreased to $1.1076

GBP/USD: the currency pair fell to $1.4258

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

13:30 Canada Retail Sales, m/m December 1.7% -0.6%

13:30 Canada Retail Sales YoY December 3.2%

13:30 Canada Retail Sales ex Autos, m/m December 1.1% -0.5%

13:30 Canada Consumer Price Index m / m January -0.5% -0.1%

13:30 Canada Consumer price index, y/y January 1.6% 1.7%

13:30 Canada Bank of Canada Consumer Price Index Core, y/y January 1.9% 1.9%

13:30 U.S. CPI, m/m January -0.1% -0.1%

13:30 U.S. CPI, Y/Y January 0.7% 1.3%

13:30 U.S. CPI excluding food and energy, m/m January 0.2% 0.2%

13:30 U.S. CPI excluding food and energy, Y/Y January 2.1% 2.1%

15:00 Eurozone Consumer Confidence (Preliminary) February -6.3 -6.7

19.02.2016 13:00

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