• European session: Euro traded in a narrow range

Noticias del mercado

1 agosto 2012

European session: Euro traded in a narrow range

Data

01:00 China Manufacturing PMI July 50.2 50.4 50.1

01:30 Australia House Price Index (QoQ) Quarter II -1.1% -0.5% +0.5%

01:30 Australia House Price Index (YoY) Quarter II -4.5% -4.2% -2.1%

06:00 Switzerland Bank holiday -

06:00 United Kingdom Nationwide house price index July -0.6% -0.1% -0.7%

06:00 United Kingdom Nationwide house price index, y/y July -1.5% -2.0% -2.6%

06:30 Australia RBA Commodity prices, y/y July -10.5% -9.8%

07:50 France Manufacturing PMI (finally) July 45.2 43.6 43.4

07:55 Germany Manufacturing PMI (finally) July 45.0 43.3 43.0

08:00 Eurozone Manufacturing PMI (finally) July 45.1 44.1 44.0

08:30 United Kingdom Purchasing Manager Index Manufacturing July 48.6 48.7 45.4


The dollar showed mixed performance against the euro, as investors expect interest rate decisions from the Federal Reserve and European Central Bank on the background of evidence that the economy around the world slows down.

The euro rose against the yen after the Bundesbank President Jens Weidmann said the ECB should not cross the boundaries of the mandate.

Recall that European politicians will announce its decision on interest rates tomorrow. Earlier, President Mario Draghi has promised to do everything possible to protect the single currency.

The pound fell after the published data on the UK showed that the index of manufacturing activity fell in July to their lowest values ​​in the last three years. The index in July was at 45.4, up from 48.6 in June.

The Australian dollar traded near a four-month high against its U.S. counterpart, as the demand for risky assets rose on speculation.

Also note that the Fed can now announce additional stimulus measures after the completion of a two-day meeting.

The New Zealand dollar rose today amid speculation that the Fed will implement the next round of quantitative easing. But demand for the currency of the South Pacific, declined after the information that China has recorded decline in the manufacturing industry, which is Australia's largest trading partner and second largest exporter to New Zealand.


EUR/USD: a pair of mid-session trading in a narrow range, but updated with the maximum of the previous day

GBP/USD: a pair of substantially reduced by updating with a minimum of 31 July and is now trading in the minimum values

USD/JPY: a pair of sharply decreased, while setting a minimum level of Y77.90, and then increased by updating the maximum value of the day


At 12:15 GMT the U.S. becomes aware of change in the number employed by ADP in July. At 13:00 GMT the U.S. will publish data on the index of business activity in the manufacturing sector in July, and will be released at 14:00 GMT ISM manufacturing index for July. At 14:30 GMT the U.S., there are data on stocks of crude oil from the Ministry of Energy in July.

At 18:15 GMT the U.S. FOMC decision expected to be published on the basic interest rate, after which followed a statement accompanying FOMC.

Enfoque del mercado
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