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Market Review

Bank of Japan Governor Haruhiko Kuroda said the economy is on a probable moderate expanding trend with core consumer prices slightly negative to level, adding that the central bank will take further action to boost growth if needed.

South Korean exports fell 5.9 % in September in annual terms.

Euro zone Consumer price inflation remained unchanged last month. (CPI 0.4% vs. 0.4% forecast).

U.K needs to sort out its relationship with the European Union before it can begin to talk to the United States about any post Brexit trade deal, U.S. Trade Representative Michael Froman said in Geneva.

Deutsche Bank needs to move quickly to boost capital and deliver healthy profits if it is to restore investor confidence, but its room for maneuver appears limited, bankers, analysts and investors say.

U.S industrial production did manage to bounce back in September after a dip the previous month, but the increase was lower than hoped.

Federal Reserve is very close to its U.S. employment and inflation targets, Fed Vice Chair Stanley Fischer said on Monday, as he warned against making rash changes to the policy framework in an effort to boost economic growth.

Currencies:

The EURUSD traded between 1.0965 and 1.1007 area. 
The EURGBP traded between 0.9006 and 0.9056 area.
The GBPUSD traded between 1.2138 and 1.2200 area.
The USDJPY traded between 103.81 and 104.36 area.

Crude oil: Traded between $ 49.50 and $ 50.54 area.
Gold: Traded between $ 1250.89 and $ 1256.97 area.

Indices:

Asian Indices

Moved %

Euro Indices

 Moved %

U.S Indices

 Moved %

Nikkei

-0.10%

Euro stoxx50

-0.53%

DJIA

-0.32%

Hang Seng

-0.62%

DAX

-0.74%

S&P 500

-0.32%

China A50

          -1.13%

CAC 40

-0.39%

NASDAQ

          -0.30%



Economic Calendar Tuesday 18/10/2016

Time

Currency

Event

Forecast

Previous

8:30am

GBP

CPI y/y

0.90%

0.60%

8:30am

GBP

PPI Input m/m

0.40%

0.20%

8:30am

GBP

RPI y/y

2.00%

1.80%

12:30pm

CAD

Manufacturing Sales m/m

0.30%

0.10%

12:30pm

USD

CPI m/m

0.30%

0.20%

12:30pm

USD

Core CPI m/m

0.20%

0.30%

2:00pm

USD

NAHB Housing Market Index

64

65

Posted: 10/18/2016 6:41:39 AM by Global Administrator | with 0 comments


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