• Foreign exchange market. Asian session

Market news

4 May 2015

Foreign exchange market. Asian session

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

00:00 Japan Bank holiday

00:30 Australia MI Inflation Gauge, m/m March 0.4% 0.3%

01:30 Australia ANZ Job Advertisements (MoM) April -1.4% 2.3%

01:30 Australia Building Permits, m/m March -1.6% Revised From -3.2% -2.0% 2.8%

01:45 China HSBC Manufacturing PMI (Finally) April 49.6 48.9


The euro held its biggest monthly gain in 4 1/2 years amid signs of life for the world's second-largest economy, while the dollar rebounded against peers on prospects U.S. growth will pick up after a sluggish first quarter.

The single currency was little changed Friday after touching a two-month high of $1.1266 a day earlier when data showed Europe's consumer prices ended four months of declines.

Australia's dollar dropped with copper futures, while Chinese shares climbed as a bigger-than-estimated drop in a private manufacturing gauge spurred stimulus speculation. Gold advanced. Copper futures slid 0.8 percent on the Comex by 1:06 p.m. in Hong Kong, while the Aussie lost 0.4 percent as the final April Purchasing Managers' Index from HSBC Holdings Plc and Markit Economics fell to 48.9, the lowest in a year. The Shanghai Composite Index swung to a gain of 0.9 percent.


EUR / USD: during the Asian session, the pair was trading around $ 1.1190

GBP / USD: during the Asian session, the pair was trading around $ 1.5150

USD / JPY: during the Asian session the pair fell to Y120.00

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