TeleTrade - Analytics

TeleTrade

721.00 6.50/10
57% of positive reviews
Real

Foreign exchange market. Asian session: the Australian dollar traded mixed against the U.S. dollar after the Australian GDP | 04.03.2015

 

Economic calendar (GMT0):

 

 

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

 

 

00:30 Australia Gross Domestic Product (YoY) Quarter IV 2.7% 2.5% 2.5%

00:30 Australia Gross Domestic Product (QoQ) Quarter IV 0.4% Revised From 0.3% 0.5% 0.5%

01:15 U.S. Fed Chairman Janet Yellen Speaks

01:45 China HSBC Services PMI February 51.8 52.0

08:50 France Services PMI (Finally) February 53.4 53.4 53.4

08:55 Germany Services PMI (Finally) February 55.5 55.5 54.7

09:00 Eurozone Services PMI (Finally) February 53.9 53.9 53.7

09:30 United Kingdom Purchasing Manager Index Services February 57.2 57.6 56.7

The U.S. dollar traded mixed to higher against the most major currencies. There were released no major economic reports in the U.S. on Tuesday.

 

 

The New Zealand dollar traded mixed against the U.S. dollar in the absence of any major economic reports from New Zealand.

 

 

The Australian dollar traded mixed against the U.S. dollar after the Australian gross domestic product (GDP). Australia's GDP climbed 0.5% in the fourth quarter, in line with expectations, after a 0.4% rise in the third quarter. The third quarter's figure was revised up from 0.3% increase.

 

 

On a yearly basis, Australia's GDP rose 2.5% in the fourth quarter, in line with expectations, after a 2.7% gain in the third quarter.

 

 

Chinese HSBC services purchasing managers' index (PMI) also supported the Aussie. The index rose to 52.0 in February from 51.8 in January.

 

 

The Japanese yen traded lower against the U.S. dollar in the absence of any major economic reports from Japan.

 

 

EUR/USD: the currency pair fell to $1.1163

 

 

GBP/USD: the currency pair decreased to $1.5342

 

 

USD/JPY: the currency pair rose to Y119.61

 

 

The most important news that are expected (GMT0):

 

 

10:00 Eurozone Retail Sales (MoM) January 0.3% 0.2%

10:00 Eurozone Retail Sales (YoY) January 2.8%

13:15 U.S. ADP Employment Report February 213 219

14:00 U.S. FOMC Member Charles Evans Speaks

15:00 Canada Bank of Canada Rate 0.75% 0.75%

15:00 Canada BOC Rate Statement

15:00 U.S. ISM Non-Manufacturing February 56.7 56.5

15:30 U.S. Crude Oil Inventories February 8.4

19:00 U.S. Fed's Beige Book



To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree