• Foreign exchange market. European session: the euro fell against the U.S. dollar due to disappointing German industrial production

Notícias do Mercado

7 outubro 2014

Foreign exchange market. European session: the euro fell against the U.S. dollar due to disappointing German industrial production

Economic calendar (GMT0):

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

00:00 China Bank holiday

03:00 Japan BoJ Monetary Policy Statement

03:30 Australia Announcement of the RBA decision on the discount rate 2.50% 2.50% 2.50%

03:30 Australia RBA Rate Statement

04:54 Japan Bank of Japan Monetary Base Target 270 270 270

04:54 Japan BoJ Interest Rate Decision 0.10% 0.10% 0.10%

05:00 Japan Leading Economic Index August 105.4 104.2 104.0

05:00 Japan Coincident Index August 109.9 108.5

06:00 Germany Industrial Production s.a. (MoM) August +1.6% Revised From +1.9% -1.4% -4.0%

06:00 Germany Industrial Production (YoY) August +2.5% -2.8%

07:00 Switzerland Foreign Currency Reserves September 453.8 462.2

07:15 Switzerland Retail Sales Y/Y August -0.6% +0.8% +1.9%

07:15 Switzerland Consumer Price Index (MoM) September 0.0% +0.2% +0.1%

07:15 Switzerland Consumer Price Index (YoY) September +0.1% 0.0% -0.1%

07:30 Japan BOJ Press Conference

08:30 United Kingdom Industrial Production (MoM) August +0.5% 0.0% 0.0%

08:30 United Kingdom Industrial Production (YoY) August +1.7% +2.6% +2.5%

08:30 United Kingdom Manufacturing Production (MoM) August +0.3% +0.2% +0.1%

08:30 United Kingdom Manufacturing Production (YoY) August +2.2% +3.4% +3.9%

08:30 United Kingdom BOE Credit Conditions Survey

The U.S. dollar traded mixed to higher against the most major currencies. The greenback remained supported by Friday's U.S. labour market data. The economy in the U.S. added 248,000 jobs in September, exceeding expectations for 216,000 jobs, after 180,000 jobs in August.

The unemployment rate dropped to 5.9% in September from 6.1% in August. That was the lowest level since July 2008.

The euro fell against the U.S. dollar due to disappointing German industrial production. German industrial production declined 4.0% in August, missing expectations for a 1.4% decrease, after a 1.6% rise in July. That was the largest drop since 2009.

July's figure was revised down from a 1.9% gain.

The British pound traded lower against the U.S. dollar after the release of mixed economic data from the U.K. Manufacturing production in the U.K. increased 0.1% in August, missing expectations for a 0.2% rise, after a 0.3% gain in July.

On a yearly basis, U.K. manufacturing production jumped 3.9% in August, beating expectations for a 3.4% increase, after a 3.5% rise in July. July's figure was revised up from a 2.2% increase.

Industrial production in the U.K. was flat in August, in line with expectations, after a 0.4% increase in July. July' figure was revised down from a 0.5% rise.

On a yearly basis, U.K. industrial production rose 2.5% in August, missing expectations for a 2.6% gain, after a 2.2% increase in July. July's figure was revised up from a 1.7% rise.

The Swiss franc traded mixed against the U.S. dollar. Switzerland's consumer price index increased 0.1% in September, missing expectations for a 0.2% gain, after a flat reading in August.

Retail sales in Switzerland rose 1.9% in August, exceeding expectations for a 0.8% increase, after a 0.3% decline in July. July's figure was revised up from a 0.6% decrease.

The Swiss National Bank's foreign exchange reserves increased to 462.194 billion Swiss francs in September from 453.875 billion francs in August.

The Canadian dollar traded mixed ahead of the Canadian building permits.

EUR/USD: the currency pair decreased to $1.2583

GBP/USD: the currency pair fell to $1.6043

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

12:30 Canada Building Permits (MoM) August +11.8%

14:00 United Kingdom NIESR GDP Estimate September +0.6%

14:00 U.S. JOLTs Job Openings August 4673 4710

17:20 U.S. FOMC Member Narayana Kocherlakota

19:00 U.S. FOMC Member Dudley Speak

23:50 Japan Current Account (adjusted), bln August 99.3 190

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