index of consumer confidence

US markets open lower; Pound picks up

FXstreet.com (Barcelona) - U.S. markets have opened Thursday's session with losses, as investor's confidence has been hit by S&P downgrading UK rating outlook due to excessive government debt. Euro has dropped below intra-day low.Dow Jones Industrials Index trades 1,39% below its opening level while the Nasdaq index sheds 0.77% and the S&P Index drops 1.12% in the first hour of trading.U.S Jobless claims have dropped by 12K to 631K during the ¡week of may 60, a larger drop than the

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European stock markets decline on weakened confidence; Euro and Pound in range

FXstreet.com (Barcelona) - European markets are going through losses on Thursday as investors confidence was hit by General Motors' bankruptcy prospects. Euro and Pound are trading sideways after recent declines.Eurostoxx 50 Index drops 1.22% and the German DAX Index declines 1.34%, while French CAC Index sheds 1.20%. In the UK, London FTSE Index trades practically at the opening level.On the macroeconomic front, German Unemployment rate dropped to 8.2% in May from 8.4% in April, on adjusted terms. The total amount

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U.S.markets rise after Consumer Confidence data; Dollar and Yen, higher

FXstreet.com (Barcelona) - After a slightly negative opening, Wall Street is trading with strong gains after a buoyant U.S. Consumer confidence Index, Euro and Pound have pared losses to approach intra-day highs.Dow Jones Industrials Index trades 1.88% above its opening level, while the Nasdaq Index adds 2.62% and the S&P Index rises 1.84% in the first two hours of trading.In the macroeconomic domain, Conference Board's Consumer Confidence Index has boosted to a level of 54.9 in May from 40.8 in

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U.S. Consumer Confidence soars in June; Euro and Pound rise

FXstreet.com (Barcelona) - Conference Board's Consumer Confidence Index has boosted to a level of 54.9 in May from 40.8 in April, well above the market consensus of a slight increase to 42.0. Euro and Pound have appreciated after consumer data was released.EUR/USD recovery from 1.3855 intra-day low has extended after Consumer confidence data was released, to levels above 1.3945, previous intra-day low.GBP/USD recovery from 1.5775 intra-day low has extended to levels above 1.5900 after U.S. Consumer confidence was released,

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Asian markets rise on U.S. consumer Confidence; Euro and Pound hold at high levels

FXstreet.com (Barcelona) - Asian markets are going through gains on Wednesday buoyed by upbeat U.S. Consumer confidence figures and the improvement on Japanese merchandise Trade Data, which has diminished the impact of North Korean missile test. On the currency side, Euro and Pound remain floating at high levels.Japanese Nikkei Index adds 1.5%, as buy orders increased after Japanese trade figures were released. Hong Kong Hang Seng Index soared 4%. South Korean Kospi Index edges down 0.2% weighed by nuclear test

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Wall Street climbs up on confidence surges, EUR and GBP rise

FXstreet.com (Barcelona) - US stocks has risen further after a doubtful start on Consumer Confidence and Richmond Manufaturing index has posted better than expected. Technology, consumer and retailers are the session winners. Euro and Sterling has recovered its initial losses and USD/CHF is testing lowest 4-month levels.Consumer Confidence has posted the biggest jump since 2003 to reach 54.9 pts in May, its highest level in eight months, from 40.8 in April. Richmond Fed Manufacturing Index has jumped to the positive

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European markets rise on improving economic outlook; Pound and Euro at high levels

FXstreet.com (Barcelona) - European stock markets are going through gains, still buoyed by the unexpected boost on U.S. economic confidence. Euro and Pound remain fluctuating at multi-month highs.Eurostoxx 50 Index gains 0.85%, the German DAX Xetra Index rises 0.82% and French CAC Index adds 0.76%. In the UK, the FTSE Index declines 0.54% in the first hours of trading.European markets are still following increased optimism after the sharp increase on U.S. Consumer Confidence reaching a level of 54.9 in

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US markets open lower; Pound picks up

FXstreet.com (Barcelona) - U.S. markets have opened Thursday's session with losses, as investor's confidence has been hit by S&P downgrading UK rating outlook due to excessive government debt. Euro has dropped below intra-day low.Dow Jones Industrials Index trades 1,39% below its opening level while the Nasdaq index sheds 0.77% and the S&P Index drops 1.12% in the first hour of trading.U.S Jobless claims have dropped by 12K to 631K during the ¡week of may 60, a larger drop than the

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Asian markets plunge after weak U.S. consumption; Euro and Pound, lower

FXstreet.com (Barcelona) - Asian markets have declined as weak U.S. consumption dampened hopes of a fast economic recovery. Euro and Pound have dropped, while the Yen consolidates at 3-week high.All benchmark markets have posted considerable declines on Thursday. Tokyo Nikkei Index has declined 2.7%, while Hong Kong?s Hang Seng Index lost 3.2% and South Korean Kospi Index dropped 2.0%.Investors? confidence in Asian consumer-driven economies has been hit by the second consecutive decline on U.S. retail sales, which consumption remains weak

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Forex: EUR/USD rises above 1.3060 after a good US consumer confidence report

FXstreet.com (Barcelona) - EUR/USD has risen to 1.3080 from 1.3050 after the better than expected US consumer confidence report and Richmond Fed improves. Currently the pair is trading around 1.3065/75 after rising around 1.35% so far today.U.S. Consumer Confidence Index was released to have increased to 36.2 in April from 26.9 in March, and U.s Richmond Fed Index improved to -9 in April from - 20 in March.According to Valeria Bednarik, collaborator at FXstreet.com, the Euro is in an upside

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