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Market Review

Bank of Japan Governor Haruhiko Kuroda said the central bank's new policy framework would not result in a tapering of its massive asset-buying program.

Japanese manufacturing activity expanded for the first time in seven months in September.

Bank of England it would hold a broader stress test of British banks' resilience alongside its regular annual check-up of their financial health.

U.K manufacturing PMI rose. (55.4 vs 52.1 forecast)

European Union governments complained U.K. Prime Minister Theresa May’s plan to begin Brexit negotiations by April still lacks detail and said she will not get the informal talks she’s seeking before then.

Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage backed securities.

U.S manufacturing activity returned to expansion in September.

U.S. construction spending fell in August for the second straight month to its lowest level in eight months, an unexpected drop driven by weakness across public and private sectors. The successive declines suggest home building might not help economic growth in the third quarter.


Currencies:

The EURUSD traded between 1.1207 and 1.1240 area. 
The EURGBP traded between 0.8679 and 0.8745 area.
The GBPUSD traded between 1.2819 and 1.2945 area.
The USDJPY traded between 101.23 and 101.64area.
Crude oil: Traded between $ 47.82 and $ 48.97 area.
Gold: Traded between $ 1309.75 and $ 1319.47 area.

Indices:

Asian Indices

Moved %

Euro Indices

 Moved %

U.S Indices

 Moved %

Nikkei

+1.16%

Euro stoxx50

-0.33%

DJIA

-0.25%

Hang Seng

+1.04%

DAX

+1.25%

S&P 500

-0.27%

China A50

          +0.47%

CAC 40

+0.11%

NASDAQ

           -0.07%




Economic Calendar Tuesday 04/10/2016
 

Time

Currency

Event

Forecast

Previous

3:45am

JPY

10-y Bond Auction

 

-0.05|3.7

5:00am

JPY

Consumer Confidence

41.8

42

7:00am

EUR

Spanish Unemployment Change

23.5K

14.4K

8:30am

GBP

Construction PMI

49.1

49.2

9:00am

EUR

PPI m/m

0.00%

0.10%

11:01pm

GBP

BRC Shop Price Index y/y

 

-2.00%

Posted: 10/4/2016 6:48:38 AM by Global Administrator | with 0 comments


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