Market news
12.06.2014, 12:05

Foreign exchange market. European session: the euro traded lower against the U.S. dollar

Economic calendar (GMT0):

01:00    Australia       Consumer Inflation Expectation        June      4.4%                  4.0%

01:30    Australia       Changing the number of employed   May       10.3      10.3       -4.8

01:30    Australia       Unemployment rate                          May       5.8%     5.9%     5.8%

06:45    France         CPI, m/m                                           May       0.0%   +0.1%     0.0%

06:45    France         CPI, y/y                                             May      +0.7%               +0.8%

08:00    Eurozone     ECB Monthly Report                          June

09:00    Eurozone       Industrial production, (MoM)            April      -0.3%   +0.5%   +0.8%

09:00    Eurozone       Industrial Production (YoY)              April      -0.1%   +0.9%   +1.4%

The U.S. dollar traded mixed against the most major currencies ahead of the U.S. initial job claims and retail sales. The number of initial jobless claims should decline by 6,000 to 306,000.

Retail sales in the U.S. should climb 0.5% in May, after a 0.1% gain in April. Retail sales excluding autos should increase 0.4%.

The euro traded lower against the U.S. dollar. Market participants remained unimpressed by the better-than-expected industrial production in the Eurozone. The industrial production in the Eurozone increased 0.8% in April, beating expectations for a 0.5% gain, after a 0.3% decline in March.

On a year-over-year basis, Eurozone’s industrial production rose 1.4% in April, exceeding expectations for a 0.9% increase, after a 0.1% fall in March.

The British pound traded higher against the U.S. dollar. The British currency was still supported by the yesterday’s strong U.K. labour market data. The U.K. unemployment rate fell to 6.6% in the three months to April. Jobless claims (claimant count) declined by 27,400 in May.

The Canadian dollar traded mixed against the U.S. dollar ahead of the new housing price index in Canada and the speech of the Bank of Canada Governor Stephen Poloz. The new housing price index in Canada should rise 0.3% in April, after a 0.2% gain in March.

EUR/USD: the currency pair declined to $1.3510

GBP/USD: the currency pair climbed to $1.6839

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

12:30    Canada            New Housing Price Index          April      +0.2%  +0.3% 

12:30    U.S.                 Retail sales                                May      +0.1%   +0.5% 

12:30    U.S.                 Retail sales excluding auto         May       0.0%    +0.4% 

12:30    U.S.                 Initial Jobless Claims                  June      312        306       

12:30    U.S.                 Import Price Index                    May      -0.4%    +0.2% 

14:00    U.S.                 Business inventories                  April      +0.4%  +0.4% 

15:15    Canada            BOC Gov Stephen Poloz Speaks                                                           

22:30    New Zealand    Business NZ PMI                         May       55.2                    

22:45    New Zealand    Food Prices Index, m/m             May       +0.6%                

22:45    New Zealand    Food Prices Index, y/y               May       +1.5%

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location