Currencies Due To The Eur/chf

Major European PMI Manufacturing data misses expectations; German IFO Business Confidence falls for the first time in 7 months Economic Data (RU) Russia Gold & Forex Reserve w/e May 18th: $514.3B v $518.8B prior (DE) Germany Q1 Final GDP Q/Q: 0.5% v 0.5%e; Y/Y: 1.7% v 1.7%e; GDP WDA Y/Y: 1.2% v 1.2%e (DE) Germany Q1 Private Consumption: 0.4% v 0.2%e; Government Spending: 0.2% v 0.3%e; Domestic Demand: -0.3% v 0.0%e; Capital Investment: -1.1% v -0.3%e; Construction Investment: -1.3% v -0.4%e; Exports: 1.7% v 0.9%e; Imports: 0.0% v 0.3%e (CH) Swiss Apr Trade Balance (CHG): 1.3B v 1.9Be; Real Exports M/M: -0.9% v +0.2%e; Real Imports M/M: 2.6% v 5.9% prior (FI) Finland Apr PPI M/M: -0.1% v +0.4% prior; Y/Y: 1.4% v 1.4% prior (FI) Finland Apr Preliminary Retail Sales Volume Y/Y: -2.0% v ...

Fundamental Analysis EUR German bunds rose on worries that European leaders will struggle to resolve the euro zone debt crisis during tonight's European summit. David Schnautz of Commerzbank AG in London thinks that Europe is unlikely to solve key topics and will probably disappoint the market. The 5-year bund lost 5 bp to 0.47 percent at 10:49 GMT after tumbling to 0.461 percent, the lowest since 1990, when Bloomberg began gathering data. USD Crude oil futures declined in Asian session on Wednesday as Iran is ready to invite nuclear inspectors, the move that may ease oil import sanctions. Light, sweet crude oil futures for July delivery traded at 91.27 US Dollars per barrel, retreating by 0.63% from the last session's high of 91.72 US Dollars per barrel. GBP Today the minutes of the ...

Fundamental Analysis EUR Gold extended previous gains in Asian session on Tuesday as concerns over Greek exit from the single currency union eased. At G8 summit leaders of eighth largest economies stated that they would do everything possible to retain Greece in the Euro Zone. COMEX gold June contract traded at 1,592.35 US Dollars per troy ounce on the New York Mercantile Exchange, advancing by 0.23%. USD The US Senate has passed a bill aimed at tightening sanctions imposed on Iran to force the country to cease its nuclear program. The new sanctions imply investigation of role of Iran's Revolutionary Guard in oil exports as well as obliging the US companies to disclose any business activities with Iranian partners. The move came ahead of negotiations between Iran and six major ...

What’s new: Asia: US equities closed negatively but Asia eking some gains this morning Forex: GBP still in the negative after yesterday’s dovish inflation report Japan: Better than expected GDP growth for Q1 United States: Number of policy makers still ready to take action if growth falters Rates in Asia and Indices: Low High Change EUR/USD 1.2712 1.2749 0.06 % USD/CHF 0.9421 0.9449 0.06 % GBP/USD 1.5889 1.5933 -0.08 % USD/JPY 80.25 80.4 -0.01 % EUR/CHF 1.2010 1.20125 -0.00 % EUR/JPY 102.09 102.39 -0.06 % Dow Jones 12597.34 12722.63 -0.26 % Nasdaq 2558.69 2597.16 -0.74 % S&P 500 1324.79 1341.78 -0.44 % Nikkei 225 8765.71 ...

Dukascopy Fundamental Analysis EUR Stoxx Europe 600 index have dropped for third consecutive day and reached the lowest level since the start of this year as specialists speculate that elections in Greece could take place as early as 10 of June. The index lost 0.5% of its value by noon in London and around 10% from its peak this year in mid-March. USD Facebook increases the share offering by 25% to 421.2M shares to collect near $16B. At the offering's price of $34-$38 per share Facebook is rushing towards the largest technology IPO in the history. Production of utilities, mines and factory's in the U.S. surpassed expected 0.6% level and increased by 1.1% in April. GBP The number of unemployed people for January-March decreased to 2.63 million, 45,000 down on the quarter, the Office for ...

What’s new: Forex: Euro, risk currencies tumble on worries over Greece Global Markets: Stock markets plummet on political turmoil in Greece Greece: Greece set for new elections as President fails to forge coalition Japan: BOJ may lower interest paid at cash held with central bank; USD/JPY United States: CPI as expected at 2.3% y/y, FOMC minutes due today United Kingdom: BoE Quarterly inflation report scheduled for 11:30 CET Forex rates in Asia and Indices: Low High Change EUR/USD 1.2683 1.2738 -0.26 % USD/CHF 0.943 0.9471 -0.26 % GBP/USD 1.5949 1.5999 -0.19 % USD/JPY 80.16 80.45 -0.28 % EUR/CHF 1.2010 1.20127 0.00 % EUR/JPY 101.91 102.38 -0.00 % Dow Jones ...

Forex Morning Briefing : AUD consolidates lower, USD-bulls reentered post strong US data What’s new: Asia: Stocks in positive after upbeat Chinese data. Aussie sustains lower following the 50bp rate but by the RBA. JPY on the offer following pick-up in risk overnight Europe: Stocks fell, but the UK managed to stay on top. United States: ISM manufacturing better than expected. Focus on ADP today. Rates in Asia and Indices: EUR/USD 1.3208 1.3241 -0.15 % USD/CHF 0.9075 0.9098 -0.15 % GBP/USD 1.6217 1.6237 0.03 % USD/JPY 80.05 80.61 -0.34 % EUR/CHF 1.2015 1.20179 -0.00 % EUR/JPY 105.86 106.55 -0.17 % Dow Jones 13174.65 13338.66 0.49 % Nasdaq 2715.75 2756.81 0.11 % S&P ...

Fundamental Analysis EUR Anti-austerity protestors are likely to hold massive demonstrations in May Day. Demonstrations in Athens that involve private and public sector strikes have already disrupted the public transport. However, the traditional violence is not expected as Greeks are likely to show their protest against austerity measures on Sunday when the general elections are due. USD Crude and Brent oil dropped as lifted US energy inventories outweighed supply concerns caused by export disruptions in Yemen, Sudan and North Sea. GBP Manufacturing sector in the UK performed worse than initially expected in April, reported research group Markit. UK's manufacturing PMI declined to 50.5 last month on a seasonally adjusted basis as compared to a March reading of 52.1. Experts ...

Fundamental Analysis EUR "Once we hit the 6.5 per cent mark , the alarm bells will go off loudly in Brussels and more rhetoric will be coming from the European Central Bank" - Adrian Miller, a global markets strategist at GMP The rating agency Standard & Poor’s has downgraded Spain’s credit rating by two notches to BBB-plus with a negative outlook from A, citing expectations the government finances will deteriorate. USD "While the economy continued to grow in the first quarter, the expansion remains modest in pace and subpar from a historical perspective" - Jim Baird, chief investment strategist at Plante Moran Financial Advisors The U.S. economy grew at a slower pace than forecast in the first quarter as businesses cut on investment. Gross domestic product increased at a 2.2 per cent ...