Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
08:30 United Kingdom Consumer credit, mln August 1163 Revised From 1173 1200 860
08:30 United Kingdom Mortgage Approvals August 69.01 Revised From 68.76 70 71.03
08:30 United Kingdom Net Lending to Individuals, bln August 4.0 Revised From 3.9 4.1 4.3
09:00 Eurozone Economic sentiment index September 104.1 Revised From 104.2 104.1 105.6
09:00 Eurozone Consumer Confidence (Finally) September -6.9 -7.1 -7.1
09:00 Eurozone Business climate indicator September 0.2 Revised From 0.21 0.20 0.34
09:00 Eurozone Industrial confidence September -3.7 -3.8 -2.2
12:00 Germany CPI, m/m (Preliminary) September 0.0% -0.1% -0.2%
12:00 Germany CPI, y/y (Preliminary) September 0.2% 0.1% 0%
The U.S. dollar traded mixed against the most major currencies ahead the release of the U.S. economic data. The S&P/Case-Shiller home price index is expected to rise by 5.2% in July, after a 5.0% gain in June.
The U.S. consumer confidence is expected to decline to 96.1 in September from 101.5 from August.
The euro traded lower against the U.S. dollar after the mixed economic data from the Eurozone. German preliminary consumer price index fell 0.2% in September, missing expectations for a 0.1% decline, after a flat reading in August.
On a yearly basis, German preliminary consumer price index decreased to 0.0% in September from 0.2% in August, missing expectations for a fall to 0.1%.
The European Commission released its economic sentiment index for the Eurozone on Tuesday. The index increased to 105.6 in September from 104.1 in August. It was the highest level since April 2011.
August's figure was revised down from 104.2.
Analysts had expected the index to remain unchanged at 104.1.
The increase was driven by improvements in the industry, services and retail trade sectors.
The industrial confidence index increased to -2.2 in September from -3.7 in August, beating expectations for a decline to -3.8.
The final consumer confidence index was down to -7.1 in September from -6.9 in August, in line with expectations.
The business climate index climbed to 0.34 in September from 0.2 in August. Analysts had expected the index to remain unchanged at 0.2.
The British pound traded lower against the U.S. dollar after the release of the economic data from the U.K. The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Tuesday. The number of mortgages approvals in the U.K. was up to 71,030 in August from 69,010 in July, exceeding expectations for an increase to 70,000. It was the highest reading since May 2008.
Consumer credit in the U.K. rose by £860 million in August, after a rise by £1.163 billion in July.
Net lending to individuals in the U.K. increased by £4.3 billion in August, exceeding expectations for a £4.1 billion, after a £4.0 billion gain in July. July's figure was revised up from a £3.9 billion increase.
The Canadian dollar traded higher against the U.S. dollar ahead of the release of Canadian Industrial Product Price Index, which is expected to decline 0.4% in August, after a 0.7% rise in July.
EUR/USD: the currency pair declined to $1.1205
GBP/USD: the currency pair fell to $1.5138
USD/JPY: the currency pair rose to Y120.04
The most important news that are expected (GMT0):
12:30 Canada Industrial Product Price Index, m/m August 0.7% -0.4%
12:30 Canada Industrial Product Price Index, y/y August 0.1%
13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y July 5.0% 5.2%
14:00 U.S. Consumer confidence September 101.5 96.1
19:40 United Kingdom BOE Gov Mark Carney Speaks
21:45 New Zealand Building Permits, m/m August 20.4%
23:50 Japan Industrial Production (MoM) (Preliminary) August -0.8% 1%
23:50 Japan Industrial Production (YoY) (Preliminary) August 0.0%
23:50 Japan Retail sales, y/y August 1.6% 1.1%
© 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.