Asian session: The euro corrected
02.11.2011, 08:44

Asian session: The euro corrected

00:30 Australia Building Permits, m/m September -13.6%
00:30 Australia Building Permits, y/y September -12.0%

The euro erased an earlier drop against the dollar as Greece’s Cabinet backed Papandreou. Papandreou will travel to Cannes, France today to brief German Chancellor Angela Merkel, French President Nicolas Sarkozy, European Central Bank President Mario Draghi and other officials on developments in Greece. Group of 20 leaders will meet in Cannes tomorrow to discuss the debt crisis.

The yen advanced against 14 of its 16 major counterparts as renewed speculation Europe’s debt crisis is worsening boosted appetite for safer assets. The yen extended a gain from yesterday versus the euro on concern Greek Prime Minister George Papandreou’s pledge to put the European Union’s financing package to a referendum risks a disorderly default if voters reject it. Japan’s currency rebounded from declines earlier this week, when the government intervened to weaken it, strengthening today as Asian stocks fell.

The dollar slid against 11 of its 16 major peers as economic reports this week may show the U.S. recovery is faltering, adding to speculation Federal Reserve policy makers will signal their willingness to embark on more asset purchases, or quantitative easing, as they conclude a two-day meeting today.

 

EUR/USD: on Asian session the pair grows after yesterday's falling.

GBP/USD: on Asian session the pair advanced.

USD/JPY: on Asian session the pair receded from yesterday’s high.


On Wednesday UK data at 0930GMT sees just the Markit/CIPS Construction PMI for October. European events for Wednesday start at 0700GMT with the ILO measure of German unemployment. This morning also sees the release of the final manufacturing releases, including France at 0848GMT, Germany at 0853GMT and the main EMU release at 0858GMT, all of which are expected to confirm the preliminary readings.The main German unemployment data is due in the meantime, at 0855GMT and is expected to show a -10k payroll figure with the unemployment rate at a SA rate of 6.9%. US focus is the FOMC decision at 1630GMT, but US events start at 1100GMT with the weekly MBA Mortgage Application Index. This is followed at 1130GMT with Challenger Layoffs and then at 1215GMT by the ADP National Employment Report. US data continues at 1400GMT with Q3 Housing Vacancies and then at 1430GMT with the weekly EIA Crude Oil Stocks.

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik