Market Blog > August 2016 > Market Review

Market Review

The Chinese economy has slowed, increasing investments at the slowest pace since the second world economy struggling with the painful restructuring of its older industries.

Industrial production in the euro zone rose more than expected last month. In a report, Eurostat said that industrial production in the euro zone rose 0.6% in seasonally adjusted percentage, against 1.2% the previous month. The gross domestic product of the euro area has increased over the last quarter. In a report, Eurostat said GDP rose 0.3% in seasonally adjusted percentage, against 0.3% the previous quarter. The German index of wholesale prices rose more than expected last month. In a report, Destatis said the German index of wholesale prices advanced 0.2%, against 0.6% the previous month.

The producer prices in the US fell more than expected last month. In a report, the Bureau of Labor Statistics of the United States said that US PPI fell -0.4% percentage seasonally adjusted, against 0.5% last month. Inventories of US companies rose more than expected last month. The Census Bureau reported that stocks of US companies increased as a percentage seasonally adjusted 0.2%, against 0.1% the previous month.

Currencies: The dollar advanced slightly against other major currencies. The EURUSD moved higher between $ 1.1131 and $ 1.1221. GBPUSD moved lower between 1.3034 and 1.2909. USDJPY moved lower between 102.28 yen and 100.85 yen.

Crude Oil: Oil prices rose about 1%, on track for its biggest weekly gain since May. On the ICE Futures Exchange, Brent crude from the North Sea has moved upward between $ 45.75 and $ 47.07. On the New York Mercantile Exchange, US crude oil moved higher between $ 43.30 and $ 44.60.

Gold: The price of gold fell as the market was focused on the release of US economic reports. On the Comex division of the New York Mercantile Exchange, gold has moved higher in range between $ 1 361.65 and $ 1 338.90 an ounce.

Indices: Japanese stocks were slightly higher, gains in the areas of shipbuilding, energy and Fisheries has drawn the stocks higher. At the close in Tokyo, the Nikkei 225 was up 1.10%. At the close in China, the Hang Seng Index was up 0.83%.

German shares fell as losses in the areas of Food & Beverage, Utilities and Telecommunications shares shot down. UK equities rose, as gains in the areas of Retail, Construction & Materials and retailers of food products and drugs have taken actions to increase. At the close in Frankfurt the DAX fell 0.27%. At the close in Paris, the CAC 40 fell 0.08%. At the close in Madrid, the IBEX 35 index fell 0.04%. Finally at the close in London, the FTSE 100 was up 0.02%.

At the close, the Dow Jones Industrial Average fell 0.19%. The S & P 500 Index fell 0.08% and the NASDAQ gained 0.06%.

Economic Calendar
Monday, August 15, 2016:

Time

Currency

Event

Forecast

Previous

8:15

CHF

Price Index production (monthly)

-0,20%

0,10%

13:30

USD

Empire State Manufacturing Index

2,1

0,6

 
Posted: 8/15/2016 6:26:21 AM by Global Administrator | with 0 comments


Comments
Blog post currently doesn't have any comments.
 Security code

My favorite websites

Recent posts

Title

Market Updates