Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


10.05.2016 12:44

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

Economic calendar (GMT0):

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

01:30 China PPI y/y April -4.3% -3.8% -3.4%

01:30 China CPI y/y April 2.3% 2.4% 2.3%

05:45 Switzerland Unemployment Rate (non s.a.) April 3.6% 3.5% 3.5%

06:00 Germany Current Account March 21.1 Revised From 20.0 30.4

06:00 Germany Industrial Production s.a. (MoM) March -0.7% Revised From -0.5% -0.3% -1.3%

06:00 Germany Trade Balance (non s.a.), bln March 20.2 Revised From 20.3 26.0

06:45 France Industrial Production, m/m March -1.3% Revised From -1.0% 0.3% -0.3%

06:45 France Industrial Production, y/y March 0.6% 0.5%

08:30 United Kingdom Total Trade Balance March -4.3 Revised From -4.84 -3.83

The U.S. dollar traded mixed to higher against the most major currencies ahead of the release of the U.S. economic data. Job openings are expected to decline to 5.412 million in March from 5.445 million in February.

Wholesale inventories in the U.S. are expected to rise 0.1% in March, after a 0.5% decrease in February.

The euro traded mixed against the U.S. dollar on the mixed economic data from the Eurozone. Destatis released its industrial production data for Germany on Tuesday. German industrial production fell 1.3% in March, missing expectations for a 0.3% drop, after a 0.7% decline in February. It was the biggest drop since August 2014.

German industrial production excluding energy and construction fell by 1.2% in March.

According to Destatis, Germany's trade surplus increased to €26.0 billion in March from 20.2 in February. February's figure was revised down from a surplus of €20.3 billion.

Exports climbed 1.9% in March, while imports were down 2.3%.

On a yearly basis, German exports decreased 0.5% in March, while imports slid by 4.3%.

Germany's current account surplus was €30.4 billion in March, up from €21.1 billion in February. February's figure was revised up from a surplus of €20.0 billion.

The French statistical office Insee its industrial production figures on Tuesday. Industrial production in France slid 0.3% in March, missing expectations for a 0.3% increase, after a 1.3% drop in February. February's figure was revised down from a 1.0% fall. Manufacturing output dropped 0.9% in March, while construction output jumped 1.2%.

The British pound traded mixed against the U.S. dollar on the U.K. trade data. The U.K. Office for National Statistics (ONS) released trade data for the U.K. on Tuesday. The U.K. trade deficit in goods narrowed to £11.2 billion in March from £11.4 billion in February.

The decline in deficit was driven by a rise in exports, which increased by £0.4 billion in March.

The total trade deficit for goods and services widened to £13.3 billion in the first quarter from £12.2 billion in the fourth quarter of 2015. It was the biggest gap since the first quarter of 2008.

The total trade deficit, including services, narrowed to £3.83 billion in March from £4.3 billion in February. February's figure was revised down from a deficit of £4.84 billion.

The Swiss franc traded lower against the U.S. dollar. The Swiss State Secretariat for Economic Affairs released its unemployment data for Switzerland on Tuesday. The Swiss unemployment rate increased to a seasonally adjusted 3.5% in April from 3.4% in March. March's figure was revised down from 3.5%.

On a seasonally unadjusted basis, the unemployment rate in Switzerland decreased to 3.5% in April from 3.6% in March, in line with expectations.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair climbed to Y109.27

The most important news that are expected (GMT0):

14:00 U.S. Wholesale Inventories March -0.5% 0.1%

14:00 U.S. JOLTs Job Openings March 5.445 5.412

21:00 New Zealand RBNZ Financial Stability Report

23:00 New Zealand RBNZ Press Conference

Market Focus

  • The Bank of Japan decided by a 7-2 majority vote to hold the interest rate at -0.10%
  • Earnings Season in U.S.: Major Reports of the Week
  • U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week
  • Australian unemployment rate stable at 5.6% in June
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