• Foreign exchange market. European session: the British pound traded mixed against the U.S. dollar after the economic data from the U.K.

Market news

29 September 2014

Foreign exchange market. European session: the British pound traded mixed against the U.S. dollar after the economic data from the U.K.

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

08:30 United Kingdom Mortgage Approvals August 66 Revised From 67 66 64

08:30 United Kingdom Net Lending to Individuals, bln August 3.4 3.1 3.2

12:00 Germany CPI, m/m (Preliminary) September 0.0% -0.1% 0.0%

12:00 Germany CPI, y/y (Preliminary) August 0.8% 0.8% 0.8%

The U.S. dollar traded mixed to lower against the most major currencies ahead of the U.S. personal income and spending. Personal income in the U.S. is expected to rise 0.3% in August, after a 0.2% increase in July.

Personal spending in the U.S. is expected to climb 0.5% in August, after a 0.1% decline in July.

Pending home sales in the U.S. are expected to decline 0.4% in August, after a 3.3% gain in July.

The euro traded higher against the U.S. dollar in the absence of any major economic reports from the Eurozone.

The British pound traded mixed against the U.S. dollar after the economic data from the U.K. The number of mortgage approvals declined to 64,212 in August down from 66,100 in July. July's figure was revised down from 67,085. Analysts had expected a fall to 66,000.

Net Lending to Individuals fell to £3.2 billions in August from £3.4 billions, beating expectations for a decline to £3.1 billions.

The most important news that are expected (GMT0):

12:30 U.S. Personal Income, m/m August +0.2% +0.3%

12:30 U.S. Personal spending August -0.1% +0.5%

12:30 U.S. PCE price index ex food, energy, m/m August +0.1% 0.0%

12:30 U.S. PCE price index ex food, energy, Y/Y August +1.5% +1.4%

14:00 U.S. Pending Home Sales (MoM) August +3.3% -0.4%

21:45 New Zealand Building Permits, m/m August +0.1%

23:05 United Kingdom Gfk Consumer Confidence September 1 0

23:30 Japan Household spending Y/Y August -5.9% -3.5%

23:30 Japan Unemployment Rate August 3.8% 3.8%

23:50 Japan Industrial Production (MoM) (Preliminary) August +0.4% +0.2%

23:50 Japan Industrial Production (YoY) (Preliminary) August -0.7%

23:50 Japan Retail sales, y/y August +0.6% Revised From +0.5% +0.4%

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