BetSelection.cc

Please login or register.

Topic: Forex News from InstaForex  (Read 43370 times)

0 Members and 1 Guest are viewing this topic.

Offline InstaForex Gertrude

  • Hero Member
  • *****
  • Posts: 791
    • View Profile
Re: Forex News from InstaForex
« Reply #495 on: December 12, 2018, 07:58:12 am »
  • ReplyReply
  • Singapore Retail Sales Growth Slows Sharply In October

    Singapore's retail sales grew for a second straight month in October, but the pace of increased slowed sharply, amid weaker sales in department stores and supermarkets.

    Retail sales at current prices edged up 0.1 percent year-on-year after a 1.9 percent gain in September. In August, sales fell 0.4 percent.

    On a seasonally adjusted basis, retail sales dropped 0.4 percent month-on-month in October, same as in September.

    Excluding automobiles, retail sales grew 0.5 percent yearly after a 1.7 percent gain in September. Compared to the previous month, sales fell 2.1 percent in October following a 0.1 percent drop in the previous month

    Year-on-year, department store sales fell 3.6 percent, while sales at supermarkets and hypermarkets dropped 2.9 percent. Motor vehicles sales decreased 2 percent.

    Sales at petrol service stations logged the biggest increase of 11.4 percent, followed by medical goods and toiletries with a 3.4 percent rise.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager


    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 791
      • View Profile
    Re: Forex News from InstaForex
    « Reply #496 on: December 13, 2018, 07:43:19 am »
  • ReplyReply
  • Euro Mixed Ahead Of German CPI

    At 2:00 am ET Thursday, Destatis will release German final inflation data for November.

    Ahead of the data, the euro traded mixed against its major counterparts. While the euro held steady against the yen and the franc, it rose against the pound and the greenback.

    The euro was worth 1.1372 against the greenback, 129.00 against the yen, 1.1297 against the franc and 0.9009 against the pound as of 1:55 am ET.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 791
      • View Profile
    Re: Forex News from InstaForex
    « Reply #497 on: December 14, 2018, 07:30:11 am »
  • ReplyReply
  • Euro Mixed Ahead Of German WPI

    Destatis will release German wholesale prices for November at 2:00 am ET Friday. Ahead of the data, the euro traded mixed against its major rivals. While the euro fell against the greenback and the yen, it rose against the pound. Against the franc, it held steady.

    The euro was worth 1.1348 against the greenback, 128.89 against the yen, 1.1290 against the franc and 0.9001 against the pound as of 1:55 am ET.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 791
      • View Profile
    Re: Forex News from InstaForex
    « Reply #498 on: December 17, 2018, 07:51:00 am »
  • ReplyReply
  • Turkey Jobless Rate At 19-month High

    Turkey's unemployment rate grew for a fifth straight month to its highest level in over one-and-a-half years, figures from the Turkish Statistical Institute showed on Monday.

    The jobless rate climbed to 11.4 percent from 11.1 percent in August. The latest figure was the highest since March 2017, when the rate was 11.7 percent.

    The number of unemployed grew to 3.75 million persons from 3.67 million in the previous month. Employment fell to 29.01 million from 29.32 million.

    The seasonally adjusted unemployment rate edged up to 11.3 percent from 11.2 percent.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 791
      • View Profile
    Re: Forex News from InstaForex
    « Reply #499 on: December 18, 2018, 07:27:24 am »
  • ReplyReply
  • Franc Mixed Ahead Of SECO Economic Forecasts

    Switzerland's State Secretariat for Economic Affairs is set to publish its quarterly economic forecasts at 1:45 am ET Tuesday. Ahead of the data, the franc traded mixed against its major counterparts. While the franc held steady against the yen, it fell against the greenback and the pound. Against the euro, it rose.

    The franc was worth 113.37 against the yen, 1.1268 against the euro, 1.2541 against the pound and 0.9933 against the greenback as of 1:40 am ET.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 791
      • View Profile
    Re: Forex News from InstaForex
    « Reply #500 on: December 19, 2018, 07:27:41 am »
  • ReplyReply
  • Euro Little Changed After German PPI

    Following the release of German producer prices for November at 2:00 am ET Wednesday, the euro changed little against its major counterparts.

    The euro was trading at 127.99 against the yen, 1.1299 against the franc, 0.8995 against the pound and 1.1385 against the greenback around 2:03 am ET.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 791
      • View Profile
    Re: Forex News from InstaForex
    « Reply #501 on: December 20, 2018, 05:25:55 am »
  • ReplyReply
  • Australia Unemployment Rate Climbs To 5.1% In November

    The jobless rate in Australia came in at a seasonally adjusted 5.1 percent in November, the Australian Bureau of Statistics said on Thursday.

    That exceeded expectations for 5.0 percent, which would have been unchanged from the October reading.

    The Australian economy added 37,000 jobs to 12,694,300 last month - blowing away expectations for an increase of 20,000 jobs following the gain of 32,800 in the previous month.

    Full-time employment decreased 6,400 to 8,684,600 and part-time employment increased 43,400 to 4,009,600.

    Unemployment increased 12,500 to 683,100. Male unemployment increased 11,500 persons and female unemployment increased 1,000 persons.

    The participation rate was 65.7 percent, beating forecasts for 65.6 percent - which would have been unchanged from a month earlier.

    Monthly hours worked in all jobs decreased 3.3 million hours to 1,759.5 million hours.

    The monthly trend underemployment rate increased less than 0.1 pts to 8.4 percent.

    The monthly trend underutilization rate remained steady at 13.5 percent. The monthly seasonally adjusted underemployment rate increased 0.2 pts to 8.5 percent.

    The monthly seasonally adjusted underutilization rate increased 0.2 pts to 13.6 percent.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 791
      • View Profile
    Re: Forex News from InstaForex
    « Reply #502 on: January 18, 2019, 05:59:34 am »
  • ReplyReply
  • China's growth will slow in 2019 and threatens the financial world

    China's economy is expected to continue to slow down this year particularly on domestic demand and exports affected by US

    According to forecasts, China's economic growth will slow to 6.3 percent this year and will be the weakest in 29 years. A significant slowdown in growth in China has already been observed. The resumption of negotiations between the United States and China has increased optimism that Washington may agree to suspend the planned tariff increase, which was originally scheduled to take effect this month. However, a comprehensive agreement to end the dispute seems unlikely, given the number of highly controversial and politically sensitive issues. Even if both sides can conclude a long-term trade deal, it will provide only minor relief to the Chinese economy if Beijing cannot increase domestic investment and demand.

    Sources said that China plans to lower its target for economic growth between 6 to 6.5 percent this year. Weak industrial growth and lower consumer spending reduce company profits. Moreover, it also discourages new investment and increases the risk of high job losses. Since earlier growth measures had little impact, we expect Beijing to deploy more incentives in the coming months to prevent a sharp slowdown. More large-scale tax cuts are expected, along with measures to increase consumer demand for products such as household appliances and cars. Both fiscal and monetary policies eased over the past few months and this should begin to spread to the real economy by the second half of this year.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 791
      • View Profile
    Re: Forex News from InstaForex
    « Reply #503 on: Today at 04:09:55 am »
  • ReplyReply
  • Euro may strengthen against the dollar to $ 1.22 - CIBC

    China's economy is expected to continue to slow down this year particularly on domestic demand and exports affected by US tariffs. Beijing will most likely have to deploy additional incentive measures.

    Despite weak eurozone statistics, Canadian Imperial Bank of Commerce (CIBC) analysts remain bullish on the euro.

    "Eurozone statistics for the third quarter turned out to be the weakest over the past four years, which apparently explains the uncertain behavior of the single European currency. It is assumed that external trade pressure, as well as political uncertainty in Italy and France, will continue, causing a further slowdown in the pace of recovery in eurozone GDP," representatives of the financial institution said.

    "Meanwhile, the situation in the European labor market remains favorable, which ensures a high level of consumer spending, and hence GDP growth. In the third quarter, wages increased by a record value in almost 10 years. At the same time, the unemployment rate fell below 8% for the first time in the last decade," they added.

    "Despite the fact that the balance of risks has probably shifted to the negative side, the ECB continues to consider the economic outlook for the eurozone to be rather positive, which will further allow the regulator to carry out, albeit careful, but still raising interest rates. It is possible that this will happen in the second half of the year against the backdrop of consistently high inflation expectations," the experts noted.

    According to the CIBC forecast, by the end of this year, the euro against the dollar may rise to $ 1.22.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 791
      • View Profile
    Re: Forex News from InstaForex
    « Reply #504 on: Today at 06:47:01 am »
  • ReplyReply
  • IMF lowers global growth forecasts, what to expect financial markets

    The International Monetary Fund has reduced its forecasts for global economic growth for 2019 and 2020 due to weakness in Europe and in some emerging markets, and said that trade tensions could destabilize the world economy even more. This is the second decline in three months. The lender also called a more serious than expected slowdown in the Chinese economy and the possible "problem" Brexit risks that could cause turbulence in financial markets. The IMF expects the growth of the world economy in 2019 to be 3.5 percent, and in 2020, 3.6 percent, which is lower by 0.2 and 0.1 percent, respectively, from forecasts in October last year.

    "The trend of global growth is shifting downward. Escalating trade tensions beyond that already included in the forecast remains a key source of risk. Trade policy uncertainties and concerns about escalation and retaliation will lead to a decrease in industrial investment, disruption of supply chains and a slowdown in productivity growth. As a result, worsening corporate profitability prospects may affect financial market sentiment and further weaken economic growth," the IMF said in a statement.

    The IMF said that growth in the eurozone will be moderate, falling from 1.8 percent in 2018 to 1.6 percent in 2019, which is 0.3 percentage points lower than predicted three months ago. The IMF also lowered its growth forecast in 2019 for developing countries to 4.5 percent, which is 0.2 percentage points lower than the previous forecast and 4.7 percent in 2018. But it kept its growth forecasts for the USA, 2.5 percent this year and 1.8 percent in 2020, indicating continued growth in domestic demand.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager