Market Blog > September 2016 > Market Review

Market Review

Japans core machinery orders unexpectedly increase for a second straight month in July, easing some pessimism over capital expenditure, but worries remain that weak demand and the yen’s gains may discourage companies from boosting investment.

Strong comments from China's top state planner that the economy needed more support was most likely aimed at persuading the central bank to take bolder policy action.

HSBC Holdings Plc’s vice-chairman of global banking and markets Spencer Lake is leaving the firm after being side-lined in a reorganization of the investment bank earlier this year.

Standard & Poor's ratings agency said that signs of a post Brexit vote recovery in Britain's economy may prove to be a mirage as uncertainty about the country's relationship with the European Union weighs on business investment.

U.K bank deputy governor Minouche Shafik will step down at the end of February 2017 to become director of the London School of Economics, the central bank said.

U.S inflation expectations rebound in August.

U.S. wholesale inventories were unchanged in July as previously reported and sales recorded their biggest drop in six months, suggesting a modest boost to third-quarter economic growth from inventory investment.

Currencies:


The EURUSD traded between 1.1212 and 1.1266 area. 
The EURGBP traded between 0.8423 and 0.8483 area.
The GBPUSD traded between 1.3236 and 1.3346 area.
The USDJPY traded between 101.58 and 102.65 area.
Crude oil: Traded between $ 44.75 and $ 46.46 area.
Gold: Traded between $ 1320.93 and $ 1330.13 area.

Indices:

Asian Indices

Moved %

Euro Indices

 Moved %

U.S Indices

 Moved %

Nikkei

-1.75%

Euro stoxx50

-0.20%

DJIA

+1.58%

Hang Seng

-2.57%

DAX

-0.18%

S&P 500

+1.70%

S&P/ASX 200

          -0.75%

CAC 40

-0.15%

NASDAQ

          +2.02%




Economic Calendar Tuesday 13/09/2016

Time

Currency

Event

Forecast

Previous

6:00am

EUR

German Final CPI m/m

0.00%

0.00%

8:00am

EUR

Italian Industrial Production m/m

0.20%

-0.40%

8:30am

GBP

CPI y/y

0.70%

0.60%

8:30am

GBP

PPI Input m/m

0.60%

3.30%

8:30am

GBP

RPI y/y

1.80%

1.90%

8:30am

GBP

Core CPI y/y

1.40%

1.30%

8:30am

GBP

HPI y/y

8.50%

8.70%

9:00am

EUR

ECB President Draghi Speaks

 

 

9:00am

EUR

German ZEW Economic Sentiment

2.8

0.5

9:00am

EUR

ZEW Economic Sentiment

6.7

4.6

Posted: 9/13/2016 6:50:15 AM by Global Administrator | with 0 comments


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