|01:00||New Zealand||ANZ Business Confidence||June||-41.8||-34.4|
|01:30||Australia||Private Sector Credit, y/y||May||3.6%||3.2%|
|01:30||Australia||Private Sector Credit, m/m||May||0.0%||0.2%||-0.1%|
|02:30||Australia||RBA Assist Gov Debelle Speaks|
|05:00||Japan||Construction Orders, y/y||May||-14.2%||-6.1%|
|05:00||Japan||Housing Starts, y/y||May||-12.9%||-15.9%||-12.3%|
|06:00||United Kingdom||Business Investment, y/y||Quarter I||2.3%||0.7%||0.8%|
|06:00||United Kingdom||Current account, bln||Quarter I||-9.2||-15.4||-21.1|
|06:00||United Kingdom||Business Investment, q/q||Quarter I||-0.3%||0%||-0.3%|
|06:00||United Kingdom||GDP, q/q||Quarter I||0.0%||-2%||-2.2%|
|06:00||United Kingdom||GDP, y/y||Quarter I||1.1%||-1.6%||-1.7%|
|06:30||Switzerland||Retail Sales (MoM)||May||-14.7%||30.7|
|06:30||Switzerland||Retail Sales Y/Y||May||-18.8%||6.6%|
|07:00||Switzerland||KOF Leading Indicator||June||53.2||77||59.4|
In today's Asian trading, the US dollar rose against the euro and the Japanese yen.
The ICE Dollar index, which shows the value of the US dollar against six major world currencies, rose 0.18% from the previous day.
The US economy is experiencing a period of" extreme uncertainty", especially in connection with the ongoing attempts to limit the spread of the coronavirus, noted in a speech by Jerome Powell, head of the US Federal Reserve, prepared to address the financial services committee of the US House of Representatives.
Powell noted the importance of curbing the rate of spread of the coronavirus against the backdrop of the recovery of the US economy after the most significant fall in decades.
"We have entered an important new phase and have done so earlier than expected," reported in the text of Powell's speech. "While we welcome this surge in economic activity, it also presents us with new challenges, particularly the need to contain the virus."
The UK economy in the 1st quarter fell by 2.2% compared to the previous three months, according to final data from the Office for National statistics (ONS). This is the highest decrease since the third quarter of 1979. Relative to January-March 2019, the drop in GDP was 1.7%. Previously, it was announced that the first indicator would be reduced by 2% and the second by 1.6%. Analysts did not expect a revision of both indicators.
Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
© 2011-2020 TeleTrade-DJ International Consulting Ltd
TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is 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 content on this website is for information 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 exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.
TeleTrade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.