Noticias del mercado

18 junio 2015
  • 23:59

    Schedule for today, Friday, Jun 19’2015:

    (time / country / index / period / previous value / forecast)

    03:00 Japan BoJ Interest Rate Decision 0%

    03:00 Japan Bank of Japan Monetary Base Target 275

    03:00 Japan BoJ Monetary Policy Statement

    04:30 Japan All Industry Activity Index, m/m April -1.3%

    05:00 Japan Coincident Index (Finally) April 109.2 111.1

    05:00 Japan Leading Economic Index (Finally) April 106.0 107.2

    06:00 Germany Producer Price Index (MoM) May 0.1% 0.2%

    06:00 Germany Producer Price Index (YoY) May -1.5% -1.1%

    06:30 Japan BOJ Press Conference

    08:00 Eurozone Current account, unadjusted, bln April 24.9

    08:30 United Kingdom PSNB, bln May -6.04 -10.5

    09:00 Eurozone ECOFIN Meetings

    12:30 Canada Retail Sales, m/m April 0.7% 0.7%

    12:30 Canada Retail Sales YoY April 3.1%

    12:30 Canada Consumer Price Index m / m May -0.1% 0.5%

    12:30 Canada Consumer price index, y/y May 0.8% 0.8%

    12:30 Canada Bank of Canada Consumer Price Index Core, y/y May 2.3% 2.1%

    12:30 Canada Bank of Canada Consumer Price Index Core, m/m May 0.0%

    16:00 U.S. FOMC Member Mester Speaks

  • 20:22

    American focus: the US dollar rose sharply against most major currencies

    The dollar appreciated strongly against the euro, before recovering most of the lost ground before it was due to the correction position and the publication of the US data. As shown by Philadelphia Fed report, in June index of business activity has improved markedly, reaching thus the level of 15.2 points compared with 6.7 points in May. It is worth noting that many economists had expected growth of this indicator to the level of 8.0 points. In general, the sub-indices showed themselves as follows: the index of sale prices in June rose to 4.8 against -5.4 in May, the employment index fell to 3.8 from 6.7, the supply index rose to 14.3 from 1 0, the index of purchase prices improved to -14.2 against 17.2 in May, the new orders index rose to 15.2 from 4.0, the index of inventories rose to 3.1 from -1.8 in May, and delivery time index fell to -4.6 from -3.6.

    Meanwhile, the data provided by Conference Board, showed: the index of leading indicators (LEI) United States rose 0.7 percent in May, reaching 123.1 points (2004 = 100), after increasing by 0.7 percent in April and increase in the 0.4 per cent in March. It was expected that this index added 0.4 percent. It also became known that the index of coincident indicators of the Conference Board (CEI) in the US rose last month by 0.1 percent - up to 112.1 (2004 = 100) after rising 0.2 percent in April. Meanwhile, the index of lagging indicators from the Conference Board (LAG) for the US increased by 0.2 percent - up to 117.0 (2004 = 100). Recall, according to the results of April the figure rose to 0.2 percent.


    The pound fell against the dollar, retreating from the highest level since November 2014. Traders note that investors are starting to take profits after the appreciation of the pound by more than 2 per cent since the beginning of the week. Previously, the pressure on the US currency has statistics on inflation. The US Labor Department said the consumer price index rose a seasonally adjusted 0.4% in May compared with the previous month. It was the biggest gain since February 2013, when high gasoline prices pushed up the overall index. Except for the volatile categories of food and energy, so-called core prices increased 0.1%. Economists had expected overall prices to rise 0.5%, while core prices will rise by 0.2%.

    Meanwhile, another report showed that initial applications for unemployment benefits, a measure of layoffs throughout the US, fell by 12 thousand. And seasonally adjusted reached 267 thousand. For the week ended June 13. Economists had expected 275 thousand. Primary applications. The number of applications for the previous week have not been reviewed and remain at the level of 279 thousand.

  • 17:09

    International Monetary Fund (IMF) Managing Director Christine Lagarde: Greece will not get extra time to repay its IMF loans

    International Monetary Fund (IMF) Managing Director Christine Lagarde said that Greece will not get extra time to repay its IMF loans.

    "I have a term of June 30. If it's not paid by July 1, it's not paid. No delay of one month or two as I heard; it's due June 30," she noted.

    Athens already bundled its four payments into one to be paid on June 30.

    Lagarde said that the IMF is ready to discuss the Greek pension system.

  • 16:55

    Federal Reserve keeps its monetary policy unchanged

    The Federal Reserve released its interest rate decision on Wednesday. The Fed kept its monetary policy unchanged. 2 of 17 Fed officials want to wait until 2016 before to start raising interest rates.

    The Fed said that the U.S. economy "expanded moderately". Economic growth forecast for 2015 was downgraded, while forecasts for 2016 and 2017 were upgraded. The economy is expected to grow 1.8% - 2.00% in 2015, down from 2.3% - 2.7%.

    There were no signals on the timing when the central bank starts raising its interest rate.

    The Fed noted that it will start hiking its interest rate "when it has seen further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term".

    The Fed Chai Janet Yellen said that too much is being paid to the timing of the interest rate hike. She added that the interest rate hike will be gradual.

    The Fed expects the median interest rate to be 1.625% by the end of 2016, 2,875% by the end of 2017, and 3,750% in the long-term period.

    The Fed Chair Janet Yellen also noted that the Fed may raise its interest rate twice this year, but she did not mention when it will happen. She said that the interest rate hike will be discussed it every meeting. In general, the tone of Yellen's speech was more dovish than expected.

    The next FOMC meeting is scheduled to be on July 28-29. It is unlikely that the Fed will start raising its interest rate in July. Analysts expect that the central bank starts raising interest rate in September.

  • 16:43

    Philadelphia Federal Reserve Bank’s manufacturing index jumps to 15.2 in June

    The Philadelphia Federal Reserve Bank released its manufacturing index on Thursday. The index soared to 15.2 in June from 6.7 in May, exceeding expectations for a rise to 8.0. It was the highest level since December 2014.

    A reading above zero indicates expansion.

    The increase was driven by higher demand for manufactured goods. The new orders index increased to 15.2 in June from 4.0 in May.

    The shipments index jumped 14.3 in June from 1.0 in May.

    The prices paid index climbed to 17.2 in June from -14.2 in May, while the prices received index were up to 4.8 from -5.4.

    The number of employees index declined to 3.8 in June from 6.7 last month.

    According to the report, the future general activity index rose to 39.7 in June from 33.9 in May. It was the highest level since January.

  • 16:29

    U.S. leading economic index climbs 0.7% in May

    The Conference Board released its leading economic index for the U.S. on Thursday. The leading economic index climbed by 0.7% in May, beating expectations a 0.4% gain, after a 0.7% increase in April.

    Nine of the ten indicators rose.

    The Conference Board economist Ataman Ozyildirim said that the reading indicates more economic expansion in the second half of the year.

    "While residential construction and consumer expectations support the more positive outlook, industrial production and new orders in manufacturing are painting a somewhat more mixed picture," he noted.

  • 16:00

    U.S.: Philadelphia Fed Manufacturing Survey, June 15.2 (forecast 8.0)

  • 16:00

    U.S.: Leading Indicators , May 0.7% (forecast 0.4%)

  • 15:57

    Hourly labour costs in the Eurozone climb 2.2% in the first quarter

    Eurostat released its labour costs data for the Eurozone on Thursday. Hourly labour costs in the Eurozone rose at an annual rate of 2.2% in the first quarter, after a 1.2% gain in the previous quarter. It was the biggest rise since the second quarter of 2011.

    Wages and salaries per hour climbed 2.2% in the first quarter, while non-wage costs gained 2.1%.

    Hourly labour costs increased 2.5% in industry, 1.5% in construction, 2.3% in services, while 1.9% in the mainly non-business economy.

    Highest increases were recorded in Latvia and Estonia, while costs in Cyprus fell.

  • 15:46

    Option expiries for today's 10:00 ET NY cut

    EUR/USD: $1.1100(E774mn), $1.1125(E505mn), $1.1150-60(E1.2bn), $1.1200(E455mn), $1.1275(E603mn), $1.1300(E738mn), $1.1400(E462mn)

    USD/JPY: Y122.00($1.2bn), Y123.00($465mn), Y124.00($932mn), Y124.50($410mn), Y125.00(Y900mn)

    GBP/USD: $1.5400(Gbp1.0bn), $1.5500(Gbp211mn), $1.5550(Gbp218mn)

    AUD/USD: $0.7500(A$872mn), $0.7700(A$1.48bn), $0.7750(A$246mn), $0.7820(A$400mn)

    NZD/USD: $0.6975(NZ$2.29bn), $0.7000(NZ$701mn), $0.7100(NZ$787mn)

    USD/CAD: C$1.2200($491mn), C$1.2225($255mn)

  • 15:37

    U.S. current account deficit widens to $113.3 billion in the first quarter

    The U.S. Commerce Department released its current account data on Thursday. The U.S. current account deficit widened to $113.3 billion in the first quarter from $103.1 billion in the fourth quarter, beating expectations for a deficit of $117.0 billion. The fourth quarter's figure was revised up from a deficit of $113.5 billion.

    It was the largest current account deficit since the second quarter of 2012.

    The trade deficit increased as exports of goods declined to $382.7 billion in first quarter from $409.1 billion in the fourth quarter.

    The decline was partly driven by falling oil prices and lower exports due to the stronger U.S. dollar.

  • 15:12

    U.S. consumer price inflation rises 0.4% in May, the largest rise since February 2013

    The U.S. Labor Department released consumer price inflation data on Thursday. The U.S. consumer price inflation rose 0.4% in May, missing expectations for a 0.5% increase, after a 0.1% gain in April. It was the largest rise since February 2013.

    The increase was driven by higher gasoline prices, which jumped 10.4% in May, the biggest gain since June 2009.

    On a yearly basis, the U.S. consumer price index increased to 0.0% in May from -0.2% in April, in line with expectations.

    The U.S. consumer price inflation excluding food and energy gained 0.1% in May, missing expectations for a 0.2% increase, after a 0.3% rise in April.

    On a yearly basis, the U.S. consumer price index excluding food and energy remained fell to 1.7% in May from 1.8% in April. Analysts had expected the index to remain unchanged at 1.8%.

    Food prices remained unchanged in May, while shelter costs rose 0.2%.

    The medical care index climbed 0.2% in May.

    Energy costs rose 4.3% in May.

  • 14:47

    Initial jobless claims decline by 12,000 to 267,000 in the week ending June 13

    The U.S. Labor Department released its jobless claims figures on Thursday. The number of initial jobless claims in the week ending June 13 in the U.S. declined by 12,000 to 267,000 from 279,000 in the previous week.

    Analysts had expected the number of initial jobless claims to be 275,000.

    Jobless claims remained below 300,000 the 15th straight week. This threshold is associated with the strengthening of the labour market.

    Continuing jobless claims fell by 50,000 to 2,222,000 in the week ended June 06.

  • 14:30

    U.S.: Initial Jobless Claims, June 267 (forecast 275)

  • 14:30

    U.S.: CPI, Y/Y, May 0.0% (forecast 0.0%)

  • 14:30

    U.S.: CPI excluding food and energy, m/m, May 0.1% (forecast 0.2%)

  • 14:30

    U.S.: Continuing Jobless Claims, June 2222 (forecast 2200)

  • 14:30

    U.S.: CPI, m/m , May 0.4% (forecast 0.5%)

  • 14:30

    U.S.: CPI excluding food and energy, Y/Y, May 1.7% (forecast 1.8%)

  • 14:30

    U.S.: Current account, bln, Quarter I -113.3 (forecast -117)

  • 14:17

    Foreign exchange market. European session: the British pound traded higher against the U.S. dollar after the release of the retail sales data from the U.K.

    Economic calendar (GMT0):

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

    01:30 Australia RBA Bulletin

    04:30 Switzerland SNB Financial Stability Report

    06:00 Switzerland Trade Balance May 2.66 Revised From 2.85 3.43

    07:30 Switzerland SNB Interest Rate Decision -0.75% -0.75% -0.75%

    07:30 Switzerland SNB Monetary Policy Assessment

    07:30 Switzerland SNB Press Conference

    08:30 United Kingdom Retail Sales (MoM) May 0.9% Revised From 1.2% 0.0% 0.2%

    08:30 United Kingdom Retail Sales (YoY) May 4.6% Revised From 4.7% 4.8% 4.6%

    09:00 Eurozone Eurogroup Meetings

    The U.S. dollar traded lower against the most major currencies ahead of the U.S. economic data. The U.S. consumer price inflation is expected to rise to 0.0% in May from -0.2% in April.

    The U.S. consumer price index excluding food and energy is expected to remain unchanged at 1.8% in May.

    The number of initial jobless claims in the U.S. is expected to decline by 4,000 to 275,000.

    The Philadelphia Federal Reserve Bank' manufacturing index is expected to rise to 8.0 in June from 6.7 in May.

    Yesterday's results of the Fed's monetary policy meeting weighed on the greenback. The Fed kept its monetary policy unchanged. Economic growth forecast for 2015 was downgraded, while forecasts for 2016 and 2017 were upgraded. There were no signals on the timing when the central bank starts raising its interest rate.

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

    Concerns over the Greek debt problem still weighed on the euro. The next round of the debt talks is scheduled to at the finance ministers' meeting today in Luxembourg. Greek Finance Minister Yanis Varoufakis said that Athens will not provide a new reform proposal. It is unlikely that a deal will be reached today.

    The Bank of Greece said in its annual report on Wednesday that failure to reach a deal with creditors could lead to the exit from the Eurozone and to crisis in Greece.

    The British pound traded higher against the U.S. dollar after the release of the retail sales data from the U.K. Retail sales in the U.K. increased 0.2% in May, exceeding expectations for a flat reading, after a 0.9% gain in April. April's figure was revised down from a 1.2% rise.

    The slower growth was driven by lower sales of clothing, which dropped by 1.6% in May. It was the biggest decline since September 2014

    Food sales rose 0.6% in May, the biggest rise since December 2014.

    On a yearly basis, retail sales in the U.K. climbed 4.6% in May, missing forecasts of 4.8% increase, after a 4.6% rise in April. April's figure was revised down from a 4.2% gain.

    The Swiss franc traded higher against the U.S. dollar after the Swiss National Bank's (SNB) interest rate decision. The central bank kept the rates on sight deposits at minus 0.75% and said that the bank will remain active in the forex market as the Swiss franc is significantly overvalued and effects inflation and economic growth.

    The SNB forecasts inflation to be -1.2% in the third quarter of 2015.

    Inflation for 2015 was upgraded to -1.0% from the previous forecast of -1.1%. The SNB expects inflation to be -0.4% in 2016, up from the previous forecast -0.5%, and 0.3% in 2017, down from the previous forecast of 0.4%.

    The central bank expects the Swiss economy to return to positive growth in the second half of 2015.

    The SNB Chairman Thomas Jordan said on Thursday that negative interest rates in Switzerland will help to lower the value of the Swiss franc. He added that the Swiss currency remained overvalued.

    Jordan pointed out that the Swiss central bank will remain active in the foreign exchange market if needed.

    EUR/USD: the currency pair increased to $1.1420

    GBP/USD: the currency pair rose to $1.5929

    USD/JPY: the currency pair fell to Y122.54

    The most important news that are expected (GMT0):

    12:30 U.S. Initial Jobless Claims June 279 275

    12:30 U.S. Current account, bln Quarter I -113.5 -117

    12:30 U.S. CPI, m/m May 0.1% 0.5%

    12:30 U.S. CPI, Y/Y May -0.2% 0.0%

    12:30 U.S. CPI excluding food and energy, m/m May 0.3% 0.2%

    12:30 U.S. CPI excluding food and energy, Y/Y May 1.8% 1.8%

    14:00 U.S. Philadelphia Fed Manufacturing Survey June 6.7 8.0

  • 14:00

    Orders

    EUR/USD

    Offers 1.1385 1.1400 1.1430 1.1450 1.1475 1.1500 1.1530 1.1550

    Bids 1.1340 1.1325 1.1300 1.1285 1.1240 1.1220 1.1200 1.1185 1.1150 1.1130 1.1100


    GBP/USD

    Offers 1.5900 1.5925 1.5940 1.5960 1.5985 1.6000

    Bids 1.5840 1.5820 1.5800 1.5780 1.5750 1.5730 1.5700


    EUR/GBP

    Offers 0.7185 0.7200 0.7220 0.7245-50 0.7270 0.7285 0.7300

    Bids 0.7150 0.7130 0.7100 0.7080 0.7065 0.7050


    EUR/JPY

    Offers 140.00 140.20 140.50 140.80 141.00

    Bids 139.50 139.00 138.80 138.50 138.30 138.00


    USD/JPY

    Offers 123.80 124.00 124.25 124.40 124.75-80 125.00

    Bids 123.30 123.00 122.80 122.60 122.30 122.00


    AUD/USD

    Offers 0.7800-05 0.7830 0.7850

    Bids 0.7700 0.7680 0.7650 0.7625-30 0.7600

  • 11:47

    Swiss National Bank Chairman Thomas Jordan: negative interest rates in Switzerland will help to lower the value of the Swiss franc

    The Swiss National Bank (SNB) Chairman Thomas Jordan said on Thursday that negative interest rates in Switzerland will help to lower the value of the Swiss franc. He added that the Swiss currency remained overvalued.

    Jordan pointed out that the Swiss central bank will remain active in the foreign exchange market if needed.

    The SNB chairman noted that the central bank's current monetary policy "will best serve Switzerland's overall interests in the long term".

  • 11:28

    Swiss National Bank keeps its rates steady at -0.75%, but it changes its inflation forecasts

    The Swiss National Bank (SNB) released its interest rate decision on Thursday. The central bank kept the rates on sight deposits at minus 0.75% and said that the bank will remain active in the forex market as the Swiss franc is significantly overvalued and effects inflation and economic growth.

    The SNB forecasts inflation to be -1.2% in the third quarter of 2015.

    Inflation for 2015 was upgraded to -1.0% from the previous forecast of -1.1%. The SNB expects inflation to be -0.4% in 2016, up from the previous forecast -0.5%, and 0.3% in 2017, down from the previous forecast of 0.4%.

    The central bank expects the Swiss economy to return to positive growth in the second half of 2015.

  • 11:21

    Option expiries for today's 10:00 ET NY cut

    EUR/USD: $1.1100(E774mn), $1.1125(E505mn), $1.1150-60(E1.2bn), $1.1200(E455mn), $1.1275(E603mn), $1.1300(E738mn), $1.1400(E462mn)

    USD/JPY: Y122.00($1.2bn), Y123.00($465mn), Y124.00($932mn), Y124.50($410mn), Y125.00(Y900mn)

    GBP/USD: $1.5400(Gbp1.0bn), $1.5500(Gbp211mn), $1.5550(Gbp218mn)

    AUD/USD: $0.7500(A$872mn), $0.7700(A$1.48bn), $0.7750(A$246mn), $0.7820(A$400mn)

    NZD/USD: $0.6975(NZ$2.29bn), $0.7000(NZ$701mn), $0.7100(NZ$787mn)

    USD/CAD: C$1.2200($491mn), C$1.2225($255mn)

  • 11:11

    UK retail sales rise 0.2% in May

    The Office for National Statistics released its retail sales data for the U.K. on Thursday. Retail sales in the U.K. increased 0.2% in May, exceeding expectations for a flat reading, after a 0.9% gain in April. April's figure was revised down from a 1.2% rise.

    The slower growth was driven by lower sales of clothing, which dropped by 1.6% in May. It was the biggest decline since September 2014

    Food sales rose 0.6% in May, the biggest rise since December 2014.

    On a yearly basis, retail sales in the U.K. climbed 4.6% in May, missing forecasts of 4.8% increase, after a 4.6% rise in April. April's figure was revised down from a 4.2% gain.

  • 10:58

    Swiss trade surplus rises to CHF3.43 billion in May

    The Swiss Federal Customs Administration released its trade data on Thursday. The Swiss trade surplus climbed to CHF3.43 billion in May from CHF2.66 billion in the previous month. April's figure was revised down from a surplus of CHF2.85 billion.

    Exports increase 5.4% in May, while imports were down 3.0%.

    On a yearly basis, exports fell 8.9% in May, while imports decreased 2.4%.

  • 10:48

    YouGov poll: 58% of German respondents want Greece to leave the Eurozone

    A sociological institute YouGov said in its survey that 58% of German respondents want Greece to leave the Eurozone, 28% of respondents want Greece to remain in the euro area, and 14% had no opinion either way.

    49% of German respondents believe that Greece will leave the Eurozone, while 41% believe it would not happen.

  • 10:35

    China’s new home prices rise for the first time in 13 months

    China's National Bureau of Statistics released its home prices data on Thursday. According to Reuters' calculation, average new home prices in China's 70 major cities rose 0.2% in May from April. It was the first increase in 13 months.

    On a yearly basis, new home prices declined 5.7% in May.

    41 of 70 cities recorded price declines in May, down from 47 cities in April.

    On a year-on-year basis, new-home prices declined in 69 cities in May, same as in April.

  • 10:30

    United Kingdom: Retail Sales (MoM), May 0.2% (forecast 0.0%)

  • 10:30

    United Kingdom: Retail Sales (YoY) , May 4.6% (forecast 4.8%)

  • 10:17

    New Zealand's economy expanded at 0.2% in the first quarter

    Statistics New Zealand released its GDP data on Thursday. New Zealand's GDP rose 0.2% in the first quarter, missing expectations for a 0.6% increase, after a 0.7% gain in the fourth quarter. The fourth quarter's figure was revised down from a 0.8% rise.

    On a yearly basis, New Zealand's GDP climbed by 2.6% in the first quarter, missing expectations for a 3.1% gain, after a 3.5% rise in the fourth quarter.

    Retail trade and accommodation rose 2.4% due to higher tourist spending (the 2015 Cricket World Cup and more visitors during Chinese New Year), while New Zealand's household spending climbed 0.7%.

    Agriculture declined 2.3% in Q1, while mining dropped 7.8%.

  • 09:31

    Switzerland: SNB Interest Rate Decision, -0.75% (forecast -0.75%)

  • 08:19

    Options levels on thursday, June 18, 2015:

    EUR / USD

    Resistance levels (open interest**, contracts)

    $1.1449 (3280)

    $1.1414 (2865)

    $1.1389 (1861)

    Price at time of writing this review: $1.1349

    Support levels (open interest**, contracts):

    $1.1287 (1425)

    $1.1249 (595)

    $1.1198 (1604)


    Comments:

    - Overall open interest on the CALL options with the expiration date July, 2 is 52844 contracts, with the maximum number of contracts with strike price $1,1600 (4167);

    - Overall open interest on the PUT options with the expiration date July, 2 is 81455 contracts, with the maximum number of contracts with strike price $1,1000 (12172);

    - The ratio of PUT/CALL was 1.54 versus 1.53 from the previous trading day according to data from June, 17


    GBP/USD

    Resistance levels (open interest**, contracts)

    $1.6102 (296)

    $1.6004 (771)

    $1.5907 (794)

    Price at time of writing this review: $1.5817

    Support levels (open interest**, contracts):

    $1.5790 (108)

    $1.5694 (547)

    $1.5596 (463)


    Comments:

    - Overall open interest on the CALL options with the expiration date July, 2 is 22617 contracts, with the maximum number of contracts with strike price $1,5500 (2549);

    - Overall open interest on the PUT options with the expiration date July, 2 is 24783 contracts, with the maximum number of contracts with strike price $1,5100 (2126);

    - The ratio of PUT/CALL was 1.10 versus 1.04 from the previous trading day according to data from June, 17


    * - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

    ** - Open interest takes into account the total number of option contracts that are open at the moment.

  • 08:15

    Foreign exchange market. Asian session: Fed statement weighed on the dollar

    Economic calendar (GMT0):

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

    01:30 Australia RBA Bulletin

    04:30 Switzerland SNB Financial Stability Report

    06:00 Switzerland Trade Balance May 2.85 3.43

    The U.S. dollar weakened against almost all major currencies after the Federal Open Market Committee left the key interest rate unchanged at 0.25%. Policymakers hinted that rates can stay below levels that are considered normal for quite a while even if inflation and employment approach their target levels. The Fed's median near-term interest-rate outlook was unchanged at 0.625%, but its median forecasts for year-end 2016 and 2017 declined by 0.25% to 1.625% and 2.875% respectively.

    Despite concerns over Greece, the euro gained as the dollar weakened. Euro zone finance ministers will meet today.

    The pound rose all the way to $1.5846 yesterday amid the weaker dollar and strong earnings data. It closed $1.5831 and is currently staying around this level.

    The U.K. Office of National Statistics reported yesterday that the unemployment rate was 5.5% in April. The rate was in line with expectations. Meanwhile average earnings except bonuses rose by 2.7% 3m/y in April vs 2.5% expected and 2.3% previous. At the same time average earnings rose by 2.7% 3m/y vs 2.1% expected and 2.3% previous.

    The Australian dollar rose slightly yesterday. The AUD has started Thursday with declines.

    The New Zealand dollar yesterday managed to close above its open level. Today, it has declined amid weak GDP data.

    Statistics New Zealand reported that the country's Q1 GDP rose by 0.2% q/q, while an increase of 0.6% was expected after the 0.8% rise reported previously. On an annualized basis, it rose by 2.6% vs 3.1% expected and 3.5% previous.

    The Japanese yen closed around its open level yesterday and it is getting stronger against the dollar today.

    EUR/USD: the euro is extending gains.


    USD/JPY: the pair is heading down.


    GBP/USD: the pound is taking breath after yesterday's rally.


    The most important news that are expected (GMT0):

    (time / country / index / period / previous value / forecast)

    07:30 Switzerland SNB Interest Rate Decision -0.75% -0.75%

    07:30 Switzerland SNB Monetary Policy Assessment

    07:30 Switzerland SNB Press Conference

    08:30 United Kingdom Retail Sales (MoM) May 1.2% 0.0%

    08:30 United Kingdom Retail Sales (YoY) May 4.7% 4.8%

    09:00 Eurozone Eurogroup Meetings

    09:15 Eurozone Targeted LTRO 97.8

    12:30 U.S. Continuing Jobless Claims June 2265 2200

    12:30 U.S. Initial Jobless Claims June 279 275

    12:30 U.S. Current account, bln Quarter I -113.5 -117

    12:30 U.S. CPI, m/m May 0.1% 0.5%

    12:30 U.S. CPI, Y/Y May -0.2% 0.0%

    12:30 U.S. CPI excluding food and energy, m/m May 0.3% 0.2%

    12:30 U.S. CPI excluding food and energy, Y/Y May 1.8% 1.8%

    14:00 U.S. Leading Indicators May 0.7% 0.4%

    14:00 U.S. Philadelphia Fed Manufacturing Survey

  • 08:00

    Switzerland: Trade Balance, May 3.43

  • 04:20

    Currencies. Daily history for Jun 17’2015:


    (pare/closed(GMT +3)/change, %)

    EUR/USD $1,1340 +0,85%

    GBP/USD $1,5831 +1,49%

    USD/CHF Chf0,9221 -1,08%

    USD/JPY Y123,42 +0,04%

    EUR/JPY Y139,96 +0,88%

    GBP/JPY Y195,38 +1,20%

    AUD/USD $0,7749 +0,01%

    NZD/USD $0,6983 +0,01%

    USD/CAD C$1,2228 -0,52%

  • 04:02

    Schedule for today,Thursday, Jun 18’2015:

    (time / country / index / period / previous value / forecast)

    01:30 Australia RBA Bulletin

    04:30 Switzerland SNB Financial Stability Report

    06:00 Switzerland Trade Balance May 2.85

    07:30 Switzerland SNB Interest Rate Decision -0.75% -0.75%

    07:30 Switzerland SNB Monetary Policy Assessment

    07:30 Switzerland SNB Press Conference

    08:30 United Kingdom Retail Sales (MoM) May 1.2% 0.0%

    08:30 United Kingdom Retail Sales (YoY) May 4.7% 4.8%

    09:00 Eurozone Eurogroup Meetings

    09:15 Eurozone Targeted LTRO 97.8

    12:30 U.S. Continuing Jobless Claims June 2265 2200

    12:30 U.S. Initial Jobless Claims June 279 275

    12:30 U.S. Current account, bln Quarter I -113.5 -117

    12:30 U.S. CPI, m/m May 0.1% 0.5%

    12:30 U.S. CPI, Y/Y May -0.2% 0.0%

    12:30 U.S. CPI excluding food and energy, m/m May 0.3% 0.2%

    12:30 U.S. CPI excluding food and energy, Y/Y May 1.8% 1.8%

    14:00 U.S. Leading Indicators May 0.7% 0.4%

    14:00 U.S. Philadelphia Fed Manufacturing Survey June 6.7 8.0

  • 00:45

    New Zealand: GDP q/q, Quarter I 0.2% (forecast 0.6%)

  • 00:45

    New Zealand: GDP y/y, Quarter I 2.6% (forecast 3.1%)

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