Economic
calendar (GMT0):
00:30 New Zealand REINZ Housing Price Index, m/m May +0.1% +0.1%
03:00 Japan BoJ Interest Rate Decision 0.10% 0.10% +0.1%
03:00 Japan Bank of Japan Monetary Base Target 270 270 270
03:00 Japan BoJ Monetary Policy Statement
04:30 Japan Industrial Production (YoY) (Finally) April +4.1% +4.1% +3.8%
04:30 Japan Industrial Production (MoM) (Finally) April -2.5% -2.5% -2.8%
05:30 China Retail Sales y/y May +11.9% +12.3% +12.5%
05:30 China Industrial Production y/y May +8.7% +8.8% +8.8%
05:30 France Non-Farm Payrolls (Finally) Quarter I -0.1% -0.1% -0.1%
06:00 Germany CPI, m/m (Finally) May -0.1% -0.1% -0.1%
06:00 Germany CPI, y/y (Finally) May +0.9% +0.9% +0.9%
07:30 Japan BOJ Press Conference
09:00 Eurozone Employment Change Quarter I +0.1% +0.1% +0.1%
09:00 Eurozone Trade Balance s.a. April 15.2 15.9 15.8
The U.S.
dollar traded mixed against the most major currencies after the Thursday’s weaker-than-expected
U.S. economic data. The U.S. retail sales increased 0.3% in May, missing
expectations for a 0.5% gain, after a 0.5% rise in April. April’s figure was
revised up to a 0.5% gain from an increase of 0.1%.
The U.S.
core retail sales excluding automobile sales were up 0.1% in May, missing
expectations for a 0.4% increase, after a 0.4% rise in April. April’s figure
was revised up to 0.4% from 0%.
The U.S.
Labor Department released the number of initial jobless claims on Thursday. The
initial jobless claims in the week ending June 7 rose by 4,000 to 317,000.
Analysts had forecasted a decline by 6,000 to 306,000.
The New
Zealand dollar traded lower against the U.S dollar due to the weaker economic
data from New Zealand. The Bank of New Zealand-Business NZ's seasonally
adjusted performance of manufacturing index (PMI) was 52.7 in May, after 54.4
in April. Figures above 50 indicates expansion and below 50 contraction.
Business
New Zealand executive director for manufacturing Catherine Beard said the lower
level of expansion in May was driven by the decreasing number of new orders.
Food prices
index in New Zealand increased 0.6% in May. REINZ housing price index climbed
0.1% in May.
Market
participants remained unimpressed by the better-than-expected economic data from
China. Retail sales in China increased 12.5% in May, exceeding expectations for
a 12.3% gain, after a 11.9% rise in April.
The Chinese
industrial production rose 8.8% in May, meeting expectations, after a 8.7%
increase in April.
The
Australian dollar traded mixed against the U.S. dollar in the absence of any
economic reports in Australia.
The
Japanese yen declined against the U.S. dollar after the Bank of Japan’s
interest decision. The Bank of Japan kept its interest rate unchanged at 0.1%. The
BoJ said it will continue to expand the monetary base at a pace of ¥60 trillion
to ¥70 trillion per year. This decision was expected by market participants.
The industrial
production (final) in Japan decreased 2.8% in April, missing expectations for a
2.5% decline, after a 2.5% decline in March. On a yearly, the Japanese industrial
production increased 3.8% in April, missing expectations for a 4.1% gain, after
a 4.1% rise in March.
EUR/USD:
the currency pair traded mixed
GBP/USD:
the currency pair increased to $1.6975
USD/JPY:
the currency pair was up to Y101.95
The most
important news that are expected (GMT0):
12:30 Canada Manufacturing Shipments (MoM) April +0.4% +0.9%
12:30 U.S. PPI, m/m May +0.6% +0.1%
12:30 U.S. PPI, y/y May +2.1%
12:30 U.S. PPI excluding food and energy, m/m May +0.5% +0.2%
12:30 U.S. PPI excluding food and energy, Y/Y May +1.9%
13:55 U.S. Reuters/Michigan Consumer Sentiment Index (Preliminary) June 81.9 83.2
© 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.
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.
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.