CFD Markets News and Forecasts — 14-09-2011

ATTENTION: The content in the news and analytics feed is updated automatically, and reloading the page may slow down the process of new content appearing. We recommend that you keep your news feed open at all times to receive materials quickly.
Filter by currency
14.09.2011
18:50
DB has a +0.3%/+0.2% est for Aug CPI
18:45
Pierpont Securities previews Aug CPI, estimating +0.2%/+0.2%
18:22
USD/USD fell to area of Y76.60. Bids seen at Y76.50/40 area.
18:07
EUR/USD rose to $1.3770 area as known stops in the $1.3750/60 zone are tripped. Resistance eyed at $1.3780 area.
17:49
US Stocks advanced

Currently Dow 11,232.65 +126.80 +1.14%, Nasdaq 2,565.98 +33.83 +1.34%, S&P 1,186.32 +13.45 +1.15%
U.S. stocks advanced, erasing earlier losses, as optimism Germany and France will confirm support for Greece offset data on American retail sales and business inventories that pointed to a slowing economy.
Shares of Dell Inc. (DELL)  gained 2.2% after approving an additional $5 billion for its stock repurchases. 

17:10
American focus: The euro rose

The euro rose against the majority of its most-traded counterparts as optimism increased that area leaders will work to avoid a default in Greece and contain the region’s debt crisis. 

The 17-nation currency strengthened before a conference call today among the leaders of Greece, Germany and France. 
The euro briefly dropped after Austria’s parliamentary finance committee delayed a vote to approve the increase of the European Financial Stability Facility. 
The yen approached a post-World War II record against the dollar after U.S. retail sales unexpectedly stagnated in August, increasing concern the nation’s economic recovery is faltering.
U.S. retail sales were unchanged in August, following a 0.3 percent gain for July that was smaller than previously estimated, Commerce Department figures showed today in Washington. The median forecast of economists was a 0.2 percent rise.

 

16:41
European stocks close: FTSE 5,227 +52.77 +1.02%, CAC 2,949 +54.21 +1.87%, DAX 5,340 +173.83 +3.36%.
16:18
Today Greek spreads edge wider to +2218bps after Austrian parliament rejects EFSF upgrade.
15:42
Dow 11,127.53 +21.68 +0.20%, Nasdaq 2,550 +17.75 +0.70%, S&P 1,176.81 +3.94 +0.34%
15:13
US VP Biden announced waste reduction at federal agencies, said a new initiative is estimated to save $2b.
14:52
BarCap sees Q3 GDP tracking at +2%, says weak retail sales offset strong trade data.
14:33
US: EIA oil data for Sep 9 wk crude stocks -6.7m bbl to 346.4m
14:16
Dow 11,106.07 +0.22 +0.00%, Nasdaq 2,546.27 +14.12 +0.56%, S&P 1,171 -2.14 -0.18%
13:40
Option expiries for today's 1400GMT cut:

EUR/USD $1.3700, $1.3800, $1.3900, $1.4000

USD/JPY Y76.00, Y76.80, Y77.15, Y77.25, Y78.00
GBP/USD $1.5600
AUD/USD $1.0300, $1.0350

13:27
Before the bell: S&P futuresc +6.0, Nasdaq futures +13.0

U.S. stock futures rose on speculation China may support indebted European countries.
Stock futures pared gains as data showed retail sales unexpectedly stalled last month.
China is willing to buy the bonds of nations hit by the debt crisis, Caijing reported on its website today, citing Zhang Xiaoqiang, a vice chairman of the National Development and Reform Commission.
US data continues at 1400GMT, when business inventories are expected to rise 0.6% in July, as factory inventories were already reported up 0.5%, while wholesale inventories rose 0.8% in the month. 
The weekly EIA Crude Oil Stocks data follows at 1430GMT, while at 1500GMT, the IMF releases analytical chapters of the World Economic Outlook, in Washington. This does not include forecasts.
Company news:
Yahoo! Inc. jumped 1.7 percent to $14.50. A person with knowledge of the matter said the company’s board is scheduled to meet today to weigh its options after Carol Bartz was ousted last week.

12:58
Fitch ratings downgrades 5 Spanish regions, outlook negative
12:57
US Tsy Sec Geithner: "No chance Europe will let financial institutions be at risk."
  • have difficult challenges ahead, growth weaker than thought and US still has imbalances. 
  • US has huge interest in help solving debt problems. 
12:35
US: Aug PPI flat, core +0.1% for +6.5% YOY overall and +2.5% YOY core
12:34
US: Aug retail sales flat, ex-mtr veh +0.1%
12:18
IMF: "The 25% fall in the S&P 500 suggests markets have already discounted the bad news from euro crisis, U.S. deficit crisis and fears of another big contraction."

"Markets will continue to be volatile for now. Deleveraging is the key to ending financial market volatility."

12:10
European session:

Data:
08:30 UK Claimant count (August) 20.3K
08:30 UK Claimant count rate (August) 4.9%
08:30 UK Average earnings (3 months to July) Y/Y 2.8%
08:30 UK Average earnings ex bonuses (3 months to July) Y/Y 2.1%
08:30 UK ILO Jobless rate (July) 7.9%

The euro strengthened against the dollar and the yen as Italian and Spanish bonds rose, damping concern that the debt crisis will engulf the euro region’s third- and fourth-largest economies.
The common currency advanced versus major peersafter ECB  bought Italian bonds today, according to five people with knowledge of the transactions, who declined to be identified because the deals are confidential. 

EUR/USD: the pair grown in $1.3750  area.
GBP/USD: the pair grown in $1.5800 area.
USD/JPY: the pair holds Y76.80 area.

US data starts at 1230GMT with both PPI and Retail Sales.Retail sales are expected to rise 0.3% in August, as vehicle sales were down only slightly after seasonal adjustment and AAA reported only a slight rise in gasoline prices after larger declines in June and July. Nonauto retail sales are forecast to rise 0.3%. Producer prices are 
expected to hold steady in August. Energy prices are expected to decline further in the month, while food prices are seen rising modestly. The 
core PPI is expected to rise 0.2%. 
Also at 1230GMT, US Treasury Secretary Tim Geithner gives the 30 minute interview on CNBC.
US data continues at 1400GMT, when business inventories are expected to rise 0.6% in July, as factory inventories were already reported up 0.5%, while wholesale inventories rose 0.8% in the month. 
The weekly EIA Crude Oil Stocks data follows at 1430GMT, while at 1500GMT, the IMF releases analytical chapters of the World Economic Outlook, in Washington. This does not include forecasts.

11:47
Orders:

EUR/USD

Offers $1.3835/50, $1.3785/800, $1.3750
Bids $1.3685/80, $1.3655/45, $1.3610/00

11:14
Tech on USD/CHF

Resistance 3: Chf0.9000 (Apr 19-20 high)

Resistance 2: Chf0.8925/30 (Sep  12 high)
Resistance 1: Chf0.8880 (high of american session on Sep 13 and session high)
Current price: Chf0.8765
Support 1: Chf0.8750 (session low)
Support 2: Chf0.8700/05 (Sep 9 low)
Support 3: Chf0.8630 (Sep 6-7 low)

Comments: the pair come nearer to support Chf0.8750. Below the pair may fall to Chf0.8700. 

11:09
Tech on GBP/USD

Resistance 3: $ 1.5920 (area of Sep 6-8 low)

Resistance 2: $ 1.5870/90 (area of Sep 12-13 low)
Resistance 1: $ 1.5800 (session low)
Current price: $1.5771
Support 1 : $1.5740/20 (area of session low and Jan 13 low)
Support 2 : $1.5640/45 (Jan 4 and 11 low)
Support 3 : $1.5580 (Jan 11 low, Jan 12 low)
Comments: the pair retreated from session low. Resistance on focus - $1.5800.

10:40
Tech on EUR/USD

Resistance 3: $ 1.3790 (low of european session on Sep 9)

Resistance 2: $ 1.3740 (Sep 13 high)
Resistance 1: $ 1.3700 (area of session high)
Current price: $1.3691
Support 1 : $1.3610 (session low) 
Support 2 : $1.3560 (low of american session on Sep 12, Sep 13 low) 
Support 3 : $1.3490 (Sep 12 low)

Comments: the pair come nearer to session high. $1.3700/40 - area of strong resistance.

10:06
European stocks rise: FTSE 5,205 +30.68 +0.59%, CAC 2,913 +18.08 +0.62%, DAX 5,193 +26.50 +0.51%
09:38
Moody's says will extend review period for BNPP l/t ratings, adding review unlikely to lead to downgrade of more than one notch.
09:36
Asian session:

Data:
00:30 Australia Westpac Consumer Confidence (Sep) 8.1% 
01:30 Australia Housing Starts (QoQ) -4.7% 3.3%Revised from 3.1%
04:30 Japan Industrial Production (YoY) (Jul) -3.0% -2.8%Revised from -1.7%
04:30 Japan Capacity Utilization (Jul) 0.6%
04:30 Japan Industrial Production (MoM) (Jul) 0.4%
The euro declined against the dollar and yen on concern Greece’s debt woes will raise borrowing costs for other countries in the region including Spain, which is due to sell bonds tomorrow.
The euro weakened versus the yen for a fifth day before Greek Prime Minister George Papandreou holds a conference call with German Chancellor Angela Merkel and French President Nicolas Sarkozy today. 
The dollar held a two-day slide against the yen before reports that may show U.S. retail sales growth moderated in August, adding to signs of a slowing recovery. 
The Australian dollar dropped for a fifth day against the greenback.
Spain is scheduled to auction securities maturing in 2019 and 2020 tomorrow. Italy sold 3.9 billion euros ($5.3 billion) of five-year notes yesterday at an average yield of 5.6 percent, up from 4.93 percent at the previous auction. Demand dropped to 1.28 times the amount on offer, from 1.93 times.

EUR/USD: on asian session the pair fell in area of $1.3620. 
GBP/USD: on asian session the pair remained under pressure and showed low in area of $1.5710.
USD/JPY: the pair holds in Y76.80/Y77.10.

US data starts at 1230GMT with both PPI and Retail Sales.Retail sales are expected to rise 0.3% in August, as vehicle sales were down only slightly after seasonal adjustment and AAA reported only a slight rise in gasoline prices after larger declines in June and July. Nonauto retail sales are forecast to rise 0.3%. Producer prices are 
expected to hold steady in August. Energy prices are expected to decline further in the month, while food prices are seen rising modestly. The 
core PPI is expected to rise 0.2%. 
Also at 1230GMT, US Treasury Secretary Tim Geithner gives the 30 minute interview on CNBC.
US data continues at 1400GMT, when business inventories are expected to rise 0.6% in July, as factory inventories were already reported up 0.5%, while wholesale inventories rose 0.8% in the month. 
The weekly EIA Crude Oil Stocks data follows at 1430GMT, while at 1500GMT, the IMF releases analytical chapters of the World Economic Outlook, in Washington. This does not include forecasts.

09:23
Option expiries for today's 1400GMT cut:

EUR/USD $1.3700, $1.3800, $1.3900, $1.4000
USD/JPY Y76.00, Y76.80, Y77.15, Y77.25, Y78.00
GBP/USD $1.5600
AUD/USD $1.0300, $1.0350

09:07
Forex: Tuesday's review

The euro fell toward its weakest level in a decade against the yen on speculation Greece is nearing default and as Italy’s borrowing costs rose at a sale of 3.9 billion euros ($5.3 billion) of bonds.
The 17-nation currency reversed yesterday’s gain versus the dollar amid uncertainty China will buy Italian assets. 
Italy’s Treasury sold 3.9 billion euros of a new benchmark five-year bond at an average yield of 5.6 percent, compared with 4.93 percent on July 14, the last time securities of a similar maturity were sold. Demand was 1.28 times the amount on offer, compared with a bid-to-cover ratio of 1.93 at the previous sale. The Treasury had aimed to sell a maximum of 4 billion euros.
The euro was boosted yesterday after an Italian government official said talks had been held with Chinese counterparts about potential investments in Europe’s third-largest economy. The purchase of Italian bonds was not the focus of the meetings, which took place in the past few weeks, the official said on condition of anonymity, without specifying which assets may be involved.

EUR/USD: the pair showed low slightly below  $1.3555 then restored to 1.3735 and finished session in area of Monday's high.
GBP/USD: the pair updated low and reached $1.5755. The pair  finished session in 1.5775 area. 
USD/JPY: the pair was under pressure.

US data starts at 1230GMT with both PPI and Retail Sales.Retail sales are expected to rise 0.3% in August, as vehicle sales were down only slightly after seasonal adjustment and AAA reported only a slight rise in gasoline prices after larger declines in June and July. Nonauto retail sales are forecast to rise 0.3%. Producer prices are 
expected to hold steady in August. Energy prices are expected to decline further in the month, while food prices are seen rising modestly. The 
core PPI is expected to rise 0.2%. 
Also at 1230GMT, US Treasury Secretary Tim Geithner gives the 30 minute interview on CNBC.
US data continues at 1400GMT, when business inventories are expected to rise 0.6% in July, as factory inventories were already reported up 0.5%, while wholesale inventories rose 0.8% in the month. 
The weekly EIA Crude Oil Stocks data follows at 1430GMT, while at 1500GMT, the IMF releases analytical chapters of the World Economic Outlook, in Washington. This does not include forecasts.

09:02
EMU : July industry output +1.0% m/m, +4.2% y/y
08:31
UK: Aug Claimant сount unemployment +20,300 m/m; Rate 4.9%
07:42
Stocks: Tuesday's review

Japan’s stocks rebounded from a two-and-a-half-year low after European Central Bank President Jean-Claude Trichet said the region has enough “weaponry” to keep its debt crisis from spreading.
Mitsubishi UFJ Financial Group Inc., Japan’s largest lender by market value, advanced 2.5 percent.
Fanuc Corp., the world’s biggest maker of machine-tool controls, gained 2.3 percent, recovering part of a 15 percent loss last week.
Elpida Memory Inc. led chip-related companies higher on signs semiconductor prices have bottomed.
The Nikkei 225 rose 1 percent to 8,616.55, rebounding from the lowest level since April 2009 yesterday. The broader Topix gained 1.2 percent to 749.82 after Trichet signaled support for the banking system, saying: “We have the weaponry to provide what is necessary.”
While Italian officials have had talks with Chinese counterparts about potential investment in the euro region’s third-largest economy, the purchase of Italian bonds by China was not the focus of the discussion, an Italian official said on condition of anonymity.
Japanese banks gained on speculation the ECB will prevent Europe’s sovereign debt crisis from spreading to the financial sector. Mitsubishi UFJ advanced 2.5 percent to 331 yen. Smaller Sumitomo Mitsui Financial Group Inc. climbed 1.2 percent to 2,105 yen.
Among decliners, Nintendo Co. sank 5.1 percent to 12,320 yen after analysts said the company will probably sell fewer 3-D handheld game players than it’s targeting because price cuts and new accessories will fail to make up for a lack of hit titles.

European stocks close: FTSE 5,174 +44.63 +0.87%, CAC 2,895 +40.12 +1.41%, DAX 5,166 +94.03 +1.85%.
European stocks rose for the first time in three days, with the benchmark Stoxx Europe 600 Index rebounding from a two-year low, as banking shares  advanced.
Today national benchmark indexes rose in every western-European market except Greece, Iceland and Norway.
Societe Generale SA and Deutsche Bank AG jumped more than 8 percent. Chief Executive Officer os Societe Generale said that the bank has sufficient capital and liquidity, and that its balance sheet is solid.
Deutsche Boerse AG  jumped 3 percent after news that NYSE Euronext and Deutsche Boerse plan to make about 200 million euros, or half of the proposed cost cuts from their combination.


Despite choppy trade, US stocks scored strong gains today. The effort made for the market's first back-to-back advance of the month.
Caution related to precarious fiscal and financial conditions in Europe initially kept stocks in check this morning, but before long bank stocks and other financial issues began to bounce, providing an impetus for the broad market to make its way higher. Although the move encountered challenges from sellers, stocks showed resilience by staging a gradual climb to close near session highs. Stocks were helped by headlines that suggested BRIC countries are in talks to purchase eurozone debt.
For the second straight session the Nasdaq outperformed its counterparts. Its strength came as semiconductor stocks extended their prior session climb, taking the Philadelphia Semiconductor Index 2% higher to its best level in one month.
Industrial stocks were the best performers in the broad market. As a group, they climbed 2.0%.
Energy stocks and consumer staples stocks lagged all session. The two sectors settled with gains of 0.3% and 0.2%, respectively. Best Buy (BBY 23.35, -1.61) was one of the poorest individual names following disappointing quarterly earnings results, which caused many analysts to reconsider the retailer's business structure.

07:24
Tech on USD/JPY

Resistance 3: Y77.60 (Sep 8 and 12 high) 

Resistance 2: Y77.40 (high of american session on Sep 12) 
Resistance 1: Y77.05 (session high) 
Current price: Y76.85
Support 1:Y76.75/80 (area of Sep 12-13 low)  
Support 2:Y76.50 (Sep 2 low)  
Support 3:Y76.25/30 (Aug 1 low)
Comments: the pair remains under pressure. The immediate support - Y76.75. Below losses are possible to Y76.50. The immediate resistance - Y77.05. Above growth is possible to Y77.40.

07:10
Tech on USD/CHF

Resistance 3: Chf0.9000 (Apr 19-20 high)

Resistance 2: Chf0.8925/30 (Sep  12 high)
Resistance 1: Chf0.8880 (high of american session on Sep 13 and session high)
Current price: Chf0.8839
Support 1: Chf0.8750 (session low)
Support 2: Chf0.8700/05 (Sep 9 low)
Support 3: Chf0.8630 (Sep 6-7 low)

Comments: the pair holds at yesterday's range. The immediate resistance Chf0.8880. Above growth is possible to Chf0.8925/30. The immediate support - Chf0.8750. Below the pair may fall to Chf0.8700. 

06:50
Tech on GBP/USD

Resistance 3: $ 1.5920 (area of Sep 6-8 low)

Resistance 2: $ 1.5870/90 (area of Sep 12-13 low)
Resistance 1: $ 1.5800 (session low)
Current price: $1.5764
Support 1 : $1.5740/20 (area of session low and Jan 13 low)
Support 2 : $1.5640/45 (Jan 4 and 11 low)
Support 3 : $1.5580 (Jan 11 low, Jan 12 low)
Comments: the pair continues to decrease. 

06:40
Tech on EUR/USD

Resistance 3: $ 1.3790 (low of european session on Sep 9)

Resistance 2: $ 1.3740 (Sep 13 high)
Resistance 1: $ 1.3700 (area of session high)
Current price: $1.3642
Support 1 : $1.3610 (session low) 
Support 2 : $1.3560 (low of american session on Sep 12, Sep 13 low) 
Support 3 : $1.3490 (Sep 12 low)

Comments: the pair has decreased at the morning. 

05:40
Daily history for Sep 13'2011:

Change % Change Last
Nikkei   8,617 +80.88 +0.95% 
Shanghai Composite 2,471 -26.45 -1.06% 
FTSE  5,174 +44.63 +0.87% 
CAC   2,895 +40.12 +1.41%
DAX  5,166 +94.03 +1.85% 
Dow 11,105.85 +44.73 +0.40%
Nasdaq 2,532 +37.06 +1.49%
S&P  1,172.87 +10.60 +0.91%
10 Year Yield 1.99% +0.06 --
Oil $89.94 +1.75 +1.98%
Gold $1,840.00 +9.90 +0.54%

05:21
Schedule for today, Wednesday, Sep 14'20011:

00:30 Australia Westpac Consumer Confidence (Sep) 8.1% -3.5% 
04:30 Japan Industrial Production (YoY) (Jul) -3.0% -2.8%
04:30 Japan Industrial Production (MoM) (Jul) 0.4% 

08:30 UK Claimant count (August) 33000 37100
08:30 UK Claimant count rate (August) 5.0% 4.9%
08:30 UK Average earnings (3 months to July) Y/Y 2.7% 2.6%
08:30 UK Average earnings ex bonuses (3 months to July) Y/Y - 2.2%
08:30 UK ILO Jobless rate (July) 7.9% 7.9%
09:00 EU(17) Industrial production (July) 1.4% -0.7%
09:00 EU(17) Industrial production (July) Y/Y 4.5% 2.9%
12:30 USA PPI (August) 0.0% 0.2%
12:30 USA PPI (August) Y/Y - 7.2%
12:30 USA PPI excluding food and energy (August) 0.2% 0.4%
12:30 USA PPI excluding food and energy (August) Y/Y - 2.5%
12:30 USA Retail sales (August) 0.0% 0.5%
12:30 USA Retail sales excluding auto (August) 0.1% 0.5%
14:00 USA Business inventories (July) 0.5% 0.3%
14:30 United States EIA Crude Oil Stocks change (Sep 9) -4M 
21:00 New Zealand RBNZ meeting announcement 2.50% 2.50%

© 2000-2025. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location