Market Blog > August 2016 > Market Review

Market Review

Members of the Bank's board of Japan have highlighted some supporting unlimited easing of monetary policy and other grounds that the BOJ has done enough as to cause large fluctuations in the market and undermine the liquidity of the bond market.

The trade balance of China rose unexpectedly last month.

The bosses of the 100 largest British companies saw their wages increase by over 10% to 5.48 million pounds last year.

Consumer spending in the UK rose slightly last month, according to a survey of the card issuer, Visa UK, which has withstood other signs that the British have become more cautious since June, when they voted in favor of leaving the European Union.

US stocks remained near record highs they reached after the publication of the employment report in July last week, which reported a second consecutive month of positive job creation and financial markets began to consider once again the possibility of a rate hike by the Federal Reserve by the end of the year.

Oil prices have strengthened the substantial gains overnight during the North American session market optimism has been reinforced by a renewed hope for an agreement between the exporters to freeze production.

Currencies:

The EURUSD moved in the range between 1.1074 and 1.1104.
EURGBP has moved into the area between 0.8471 and 0.8507.
GBPUSD has evolved in the area between 1.3029 and 1.3096.
USDJPY has evolved in the area between 101,93 and 102,64.
Crude oil: It has traded in the range between $ 41.84 and $ 43.35.
Gold: It has traded in the range between $ 1,330.26 and $ 1,338.14.

Indices:

Asian Indices

Moved %

Euro Indices

Moved %

U.S Indices

Moved %

Nikkei

+2,71%

Euro stoxx50

+0,40%

DJIA

+0,03%

Hang Seng

+1,36%

DAX

+0,75%

S&P 500

-0,06%

S&P/ASX 200

+0,20%

CAC 40

+0,05%

NASDAQ

-0,09%



Economic Calendar Tuesday, 08/09/2016

Time

Currency

Event

Forecast

Previous

4:45

JPY

Adjudication of 30-year bonds

 

0,12|2,6

7:00

EUR

German Trade Balance

23,2 milliards

22,2 milliards

7:00

JPY

Interim orders of machine tools (annual)

 

-19,90%

6:45

EUR

Balance govt budget. French

 

-65,7 milliards

9:30

GBP

Manufacturing Production (monthly)

0,00%

-0,50%

9:30

GBP

Trade Balance of goods

-9,6 milliards

-9,9 milliards

11:00

USD

NFIB Index of Small Business

94,5

94,5

13:30

USD

Productivity prelim nonfarm sector (quarterly)

0,50%

-0,60%

13:30

USD

Prelim Unit cost of labor (quarterly)

1,80%

4,50%

15:00

GBP

NIESR GDP Estimate

 

0,60%

15:00

USD

Index IBD / TIPP optimism in the economy

46,2

45,5

15:00

USD

Wholesale Inventories (monthly)

0,00%

0,10%

00:50

JPY

Basic controls machines (monthly)

3,40%

-1,40%

00:50

JPY

PPI (annual)

-4,00%

-4,20%

Posted: 8/9/2016 6:57:48 AM by Global Administrator | with 0 comments


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