Market news
15.08.2012, 12:18

European session: euro fell

 

Data

00:30 Australia Westpac Consumer Confidence August +3.7% -2.5%

01:30 Australia Wage Price Index, q/q Quarter II +0.9% +0.9% +1.0%

01:30 Australia Wage Price Index, y/y Quarter II +3.6% +3.5% +3.7%

08:30 United Kingdom Bank of England Minutes -

08:30 United Kingdom Claimant count July 6.4 6.3 -5.9

08:30 United Kingdom Claimant Count Rate July 4.9% 4.9% 4.9%

08:30 United Kingdom ILO Unemployment Rate June 8.1% 8.1% 8.0%

08:30 United Kingdom Average Earnings, 3m/y June +1.5% +1.9% +1.6%

08:30 United Kingdom Average earnings ex bonuses, 3 m/y June +1.8% +1.9% +1.8%

 

The dollar rose against most major currencies on speculation that the Fed will refrain from further measures to mitigate the monetary and as investors await a report today on the level of industrial production in the United States.

The U.S. currency added against the yen, reaching with the highest level in nearly a month. Earlier, the euro strengthened against the yen after the Commissioner of European Economic and Monetary Affairs Commissioner Olli Rehn made it clear that Spain is considering the possibility to request international help to rein in borrowing costs.

The pound rose against major currencies after a report showed that the unemployment rate in Britain unexpectedly fell in July from 8.1% to 8%.


EUR / USD: during the European session, the pair has fallen sharply, while updating yesterday's low, and is now trading at $ 1.2275

GBP / USD: a pair of rose, setting the maximum at $ 1.5700, but now has receded a bit and is now trading at $ 1.5683

USD / JPY: during the European session, the pair shows strong growth, while establishing new highs


At 12:30 GMT the U.S. will provide data on the production index for August, Empire Manufacturing, consumer price index, consumer price index excluding prices for food and energy prices, consumer price index (not seasonally adjusted), the main consumer price index for July. At 13:00 GMT the U.S. will become aware of the amount of net purchases of long-term U.S. securities by foreign investors in June, and the total net amount of purchases of U.S. securities by foreign investors in June. At 13:15 GMT the U.S. will be released capacity utilization for July. At the same time the U.S. announces a change in industrial production in July. At 14:30 GMT the U.S. will present data on stocks of crude oil from the Ministry of Energy in August. At 22:45 GMT New Zealand will report on the Producer Price Index, the index of producer prices for the second quarter.

 

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