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Forex on the European session

Mar 3rd, 2010 | By admin | Category: Scenario and forecasts

index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) rose 58.38 points (1.05%) and at the level of 5598.71. Index of the London Stock Exchange Futsi 100 (FTSE 100) rose by 43.93 points (0.85%) and is located at the level of 5189.67. Index of the Paris Stock Exchange, BTB 40 (CAC 40) rose to 41.25 points (1.12%) and at the level of 3730.04. The March futures on the index S & Pi 500 (SP 500) on Globex (Globex) rose by 2.8 points and is 1082.0. Opening of the American stock indexes are now expected to top.

The euro /dollar has stabilized in the European session near the 1.3960 mark. Investors are awaiting today"s publication of important fundamental data in the United States.

pound /dollar fell from 1.6177 to 1.6106 level. The euro /pound rose to 60 points to a mark 0.8627. Dealers noted that the pound adjusted after some growth in the last days, property-related transactions.

Unemployment (Unemployment) in Europe (16) for December was 10.0% (forecast was 10.1%, revised from the previous value of 10.0% to 9.9%). The preliminary value of the consumer price index (Harmonized CPI) in Europe (16) for January was 1.0% per year (the forecast was 1.2%, the previous value of 0.9% per year).

index of money supply M3 in Europe (16) for December was -0.2% per year (the forecast was -0.2% per year, the previous value of -0.2% per year). Index of money supply M3 in Europe (16) for three months, including December stood at -0.1% per year (the forecast was -0.6% per year, the previous value of 0.6% per year).

Today is scheduled for release the following data:

at 13:30 GMT - preliminary index value of the gross domestic product (GDP) in the U.S. for the fourth quarter (forecast 4.5% per year, the previous value of 2.2% per year);

at 13:30 GMT - index of labor cost (Employment cost index) in the U.S. for the fourth quarter (forecast 0.4%, the previous value of 0.4%);

at 14:45 GMT - an index of business activity ofbefthe Managers Association of Chicago (Chicago PMI) in the U.S. in January (57.0 forecast, the previous value of 58.7);

at 14:55 GMT - the final value of the index of consumer sentiment Michigan University (Michigan sentiment index) in the United States for January (73.0 forecast, pre-value 72.8).

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