Market Blog > August 2016 > Market Review

Market Review

Japan’s corporate services price index increased unexpectedly last month.
Japanese Finance Ministry's ceiling for ministries' budget requests for next fiscal year will cap costs on government debt at a four-year low of 24.62 trillion JPY.

The central of China has goad banks to spread out the tenors of their loans, chase at its displeasure with a recent trend of banks focusing on overnight lending.

German Income from Operations business climate unexpectedly drops in August.
Spain’s gross domestic product rose more-than-expected last month

US services PMI falls in August. In US the number of people who filed for unemployment assistance last week fell.

As central bankers converge on this mountain resort for an annual conference on monetary policy, a couple of top Federal Reserve officials took the chance to renew a push for interest-rate hikes, citing improvement in employment and inflation.

Currencies:

The EURUSD traded between 1.1261 and 1.1296 area. 
The EURGBP traded between 0.8501 and 0.8565 area.
The GBPUSD traded between 1.3171 and 1.3262 area.
The USDJPY traded between 100.32 and 100.60 area.
Crude oil: Traded between $ 46.45 and $ 47.41 area.
Gold: Traded between $ 1318.42 and $ 1326.89 area.

Indices:

Asian Indices

Moved %

Euro Indices

 Moved %

U.S Indices

 Moved %

Nikkei

-0.21%

Euro stoxx50

-0.93%

DJIA

-0.30%

Hang Seng

+0.02%

DAX

-1.12%

S&P 500

-0.26%

S&P/ASX 200

          -0.43%

CAC 40

-0.99%

NASDAQ

          -0.27%



Economic Calendar Friday 26/08/2016

Time

Currency

Event

Forecast

Previous

5:00am

JPY

BOJ Core CPI y/y

 

0.80%

8:00am

EUR

M3 Money Supply y/y

5.00%

5.00%

8:00am

EUR

Private Loans y/y

1.80%

1.70%

8:00am

GBP

Second Estimate GDP q/q

0.60%

0.60%

8:30am

GBP

Prelim Business Investment q/q

-0.90%

-0.60%

8:30am

GBP

Index of Services 3m/3m

0.40%

0.30%

12:30pm

USD

Prelim GDP q/q

1.10%

1.20%

12:30pm

USD

Goods Trade Balance

-62.3B

-63.3B

12:30pm

USD

Prelim GDP Price Index q/q

2.20%

2.20%

2:00pm

USD

Fed Chair Yellen Speaks

 

 

2:00pm

USD

Revised UoM Consumer Sentiment

90.6

90.4

2:00pm

USD

Revised UoM Inflation Expectations

 

2.50%

All Day

ALL

Jackson Hole Symposium

 

 

Posted: 8/26/2016 7:05:33 AM by Global Administrator | with 0 comments


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