European session: the dollar fell as the People’s Bank of China said reserve ratios will decline by 50 basis points
30.11.2011, 13:03

European session: the dollar fell as the People’s Bank of China said reserve ratios will decline by 50 basis points

 

Data: 
07:00 Germany Retail sales (October) real adjusted 0.7%
07:00 Germany Retail sales (October) real unadjusted Y/Y -0.4%
08:55 Germany Unemployment (November) seasonally adjusted -20K
08:55 Germany Unemployment (November) seasonally adjusted, mln 2.913
08:55 Germany Unemployment rate (November) seasonally adjusted 6.9%
08:55 Germany Unemployment (November) seasonally unadjusted, mln 2.713
08:55 Germany Unemployment rate (November) seasonally unadjusted 6.4%
10:00 EU(17) Harmonized CPI (November) Y/Y preliminary 3.0%
10:00 EU(17) Unemployment (October) 10.3%
 
The dollar weakened as China cut the amount of cash that banks must set aside as reserves to spur growth, damping demand for safer assets.
The yen dropped the most versus the Brazilian real and Mexican peso as the People’s Bank of China said reserve ratios will decline by 50 basis points effective Dec. 5, the first reduction since 2008.
The euro earlier approached an eight-week low versus the greenback after euro-area finance ministers meeting yesterday conceded efforts to expand their bailout fund missed the target and said they would seek a greater role for the International Monetary Fund.
S&P lowered the ratings of Goldman Sachs Group Inc. and Bank of America Corp. to A- from A, as part of criteria changes started three years ago. The company also reduced the rankings of Morgan Stanley, Citigroup, Bank of America’s Merrill Lynch unit and JPMorgan Chase & Co.
 
EUR/USD: the pair has shown low in $1.3260 area, but later rose above $1,3300.
GBP/USD: the pair has shown low in $1.5520 arae. Later the pair rose in area of session high above $1,5600.
USD/JPY: the pair was in Y77.85-Y78,15 range.
 
US data starts at 1200GMT with the weekly MBA Mortgage Application Index, which is followed at 1230GMT by Challenger Layoffs data, at 1315GMT by the ADP National Employment Report and then at 1330GMT by the ISM-NY Business Index and third quarter productivity, which is expected to be revised down to a 2.6% rate of growth, as GDP was revised down. As a result, unit labor costs are expected to be revised up to a 2.2% rate of decline. US data continues at 1445GMT with the Chicago PMI, which is forecast to rise to a reading of 59.0 in November after falling slightly to 58.4 in October. The Chicago PMI is the one index that appears to consistently indicate expansion. NAR Pending Home Sales and the Help-wanted Online index follow at 1500GMT, while at 1530GMT the weekly EIA Crude Oil Stocks data is due. At 1545GMT, Philly Fed Pres Charles Plosser moderates a panel discussion at the San Francisco Fed's Asia Economic Policy Conference. Later data includes the 1900GMT release of the Fed's Beige Book and the 8GMT release of Agriculture Prices data.

 

 

© 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