Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


29.04.2016 12:14

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

Economic calendar (GMT0):

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

01:00 New Zealand ANZ Business Confidence April 3.2 6.2

01:30 Australia Producer price index, q / q Quarter I 0.3% 0.2% -0.2%

01:30 Australia Producer price index, y/y Quarter I 1.9% 1.2%

01:30 Australia Private Sector Credit, m/m March 0.6% 0.6% 0.4%

01:30 Australia Private Sector Credit, y/y March 6.6% 6.4%

02:30 Australia RBA Assist Gov Debelle Speaks

06:00 Germany Retail sales, real adjusted March -0.4% 0.3% -1.1%

06:00 Germany Retail sales, real unadjusted, y/y March 5.5% Revised From 5.4% 2.2% 0.7%

07:00 Switzerland KOF Leading Indicator April 102.8 Revised From 102.5 102.8 102.7

08:00 Switzerland SNB Chairman Jordan Speaks

08:30 United Kingdom Mortgage Approvals March 73.19 Revised From 73.87 74.5 71.36

08:30 United Kingdom Consumer credit, mln March 1392 Revised From 1287 1300 1883

08:30 United Kingdom Net Lending to Individuals, bln March 4.9 9.3

09:00 Eurozone Harmonized CPI ex EFAT, Y/Y (Preliminary) April 1% 0.9% 0.8%

09:00 Eurozone Harmonized CPI, Y/Y (Preliminary) April 0.0% -0.1% -0.2%

09:00 Eurozone Unemployment Rate March 10.4% Revised From 10.3% 10.3% 10.2%

12:00 United Kingdom BOE Deputy Governor for Financial Stability Jon Cunliffe speaks

The U.S. dollar traded mixed against the most major currencies ahead of the release of the U.S. economic later in the day. The personal consumer expenditures (PCE) price index excluding food and energy is expected to increase 0.1% in March, after a 0.1% rise in February.

Personal income in the U.S. is expected to rise 0.3% in March, after a 0.2% gain in February.

Personal spending in the U.S. is expected to gain 0.2% in March, after a 0.1% increase in February.

The Chicago purchasing managers' index is expected to decrease to 53.0 in April from 53.6 in March.

The euro traded mixed against the U.S. dollar after the release of the mixed economic data from the Eurozone. Eurostat released its consumer price inflation data for the Eurozone on Friday. The preliminary consumer price inflation in the Eurozone declined to -0.2% year-on-year in April from 0.0 % in March, missing expectations for a fall to -0.1%.

The preliminary consumer price inflation excluding food, energy, alcohol, and tobacco fell to an annual rate of 0.8% in April from 1.0% in March. Analysts had expected the index to decrease to 0.9%.

Food, alcohol and tobacco prices were up 0.8% in April, non-energy industrial goods prices gained 0.5%, and services prices climbed 1.0%, while energy prices dropped 8.6%.

Eurozone's preliminary flash gross domestic product (GDP) increased by 0.6% in the first quarter, after a 0.3% gain in the fourth quarter.

On a yearly basis, Eurozone's preliminary GDP rose by 1.6% in the first quarter, after a 1.6% gain in the fourth quarter

Eurozone's unemployment rate declined to 10.2% in March from 10.4% in February, beating expectations for a fall to 10.3%. It was the lowest reading since August 2011. February's figure was revised up from 10.3%. The lowest unemployment rate in the Eurozone in March was recorded in Germany (4.2%) and the highest in Greece (24.4% in January 2016) and Spain (20.4%).

The British pound traded lower against the U.S. dollar. The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Friday. The number of mortgages approvals in the U.K. was down to 71,357 in March from 73,195 in February, missing expectations for a decrease to 74,500. February's figure was revised down from 73,871.

Consumer credit in the U.K. rose by £1.883 billion in March, exceeding expectations for an £1.300 billion increase, after a £1.392 billion gain in February. February's figure was revised up from £1.287 billion.

Net lending to individuals in the U.K. increased by £9.3 billion in March, after a £5.0 billion gain in February. February's figure was revised up from a £4.9 rise.

The Canadian dollar traded mixed against the U.S. dollar ahead of the release of the Canadian GDP data. Canada's GDP growth is expected to decline 0.1% in February, after a 0.6% gain in January.

The Industrial Product Price Index (IPPI) is expected to rise 0.1% in March, after a 1.1% drop in February.

The Swiss franc traded mixed against the U.S. dollar. The Swiss National Bank (SNB) Chairman Thomas Jordan said in a speech on Friday that inflation in Switzerland remained negative, driven by a stronger Swiss franc and a decline in oil prices. He added that inflation was expected to be positive in 2017.

The Swiss Economic Institute KOF released its leading indicator for Switzerland on Friday. The KOF leading indicator fell to 102.7 in April from 102.8 in March. March's figure was revised up from 102.5. Analysts had expected the index to remain unchanged at 102.8. The decline was mainly driven by negative signals from the financial sector, the exporting industries and construction.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair declined to $1.4575

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

12:30 Canada GDP (m/m) February 0.6% -0.1%

12:30 U.S. Personal Income, m/m March 0.2% 0.3%

12:30 U.S. Personal spending March 0.1% 0.2%

12:30 U.S. PCE price index ex food, energy, Y/Y March 1.7%

12:30 U.S. PCE price index ex food, energy, m/m March 0.1% 0.1%

13:45 U.S. Chicago Purchasing Managers' Index April 53.6 53

14:00 U.S. Reuters/Michigan Consumer Sentiment Index (Finally) April 91 90

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