Market Blog > August 2016 > Market Review

Market Review

Currencies:

Chinese regional economies posted a net performance of divergence in the first half of 2016, the provinces that depend on steel production and mining report of low or no growth, but some cities are posting a robust growth.

After suffering a crippling hacking earlier this week, Bitfinex, commodity exchange bitcoin based in Hong Kong, said they can spread the loss among users, including those not directly affected by the hack.

Japan's economic growth to slow in the second quarter, weighed down by weak domestic demand and sluggish exports, according to a Reuters survey.

The deputy governor of the Bank of England, Ben Broadbent, said he would support a further reduction in interest rates this year, but he dismissed the need for a new bank facility to introduce negative rates by door.

The Halifax index of house prices in the UK fell more than expected last month, according to industry data.

The US labor market continued to show signs of strengthening as the economy created more jobs than expected, although the unemployment rate remained unchanged, standing above the forecast, according to official data published.

The EURUSD moved in the range between 1.1048 and 1.1160.
EURGBP has moved into the area between 0.8465 and 0.8503.
GBPUSD has evolved in the area between 1.3023 and 1.3173.
USDJPY has evolved in the area between 100,89 and 102,05.
Crude oil: It has traded in the range between $ 41.09 and $ 42.06.
Gold: It has traded in the range between $ 1,335.15 and $ 1,364.54.

Indices:

Asian Indices

Moved %

Euro Indices

 Moved %

U.S Indices

 Moved %

Nikkei

+1,36%

Euro stoxx50

+1,64%

DJIA

+1,03%

Hang Seng

+1,95%

DAX

+1,50%

S&P 500

+0,84%

S&P/ASX 200

+0,69%

CAC 40

+1,41%

NASDAQ

          +0,93%


Economic Calendar Monday, 8/8/2016

Time

Currency

Event

Forecast

Previous

6:00

JPY

Feelings of economic observers

42,6

41,2

7:00

EUR

German Industrial Production (monthly)

0,90%

-1,30%

9:30

EUR

Sentix index of investor confidence

3,6

1,7

13:30

CAD

Building Permits (monthly)

2,70%

-1,90%

8 au 12

USD

Failure rate on mortgage loans

 

4,77%

15:00

USD

Index conditions of the labor market (monthly)

 

-1,9

00:01

GBP

Retail Sales Control BRC

 

-0,50%

00:50

JPY

Money supply M2 (annual)

3,30%

3,40%


Posted: 8/8/2016 6:46:20 AM by Global Administrator | with 0 comments


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