European Market
- Greece to discuss with Troika for 8.6B euro financial support today.
- England to exist EU.
- Stoxx 600 fell 19.77, or 4.87% closed at 385.91.
The U.S. Market.
- DJIA fell 127.94, or 0.73%, closed at 17,568.50. NASDAQ fell 48.85 or 0.96%, closed at 5,088.63. S&P 500 fell 12 or 1.30%, closed at 2,079.65.
Asia Market
- SSEC fell 2321.79, or 5.85%, closed at 3,725.56.
- Nikkei rose 50.80, or 0.25%, closed at 20,650.92.
- PBOC may employ QE program by cutting interest rate 0.25% sooner as its economy meltdown.
- SSEC fell 8.5% from economic rebalancing, debt restructuring, real estate bubble, and stck bubble.
Oil
- Chevron and BP halt their future for 200BM.
- Sept WTI fell 75 cent closed at $47.39 from higher global supply.
- Stay focus on the U.S. oil inventories announcement on 29/7/15.
GOLD
- August gold rose $10.90, or 1%, closed at $1096.40 from China market collapse..
Economic Calendar
- The U.K. is to release preliminary data on second quarter economic growth.
- The U.S. is to release a report on consumer confidence.
Tuesday, 28 July 2015
Monday, 27 July 2015
Macroeconomic View
European Market
- Stay focus on the ECB QE program.
- Focus on BOE announcement on the first interest rates hike for England.
The U.S. Market
- Focus on Yallen talks about the interest rate policy, also focus on labor market condition and the 2% inflation target.
Asia Market
- PBOC may employ QE program by cutting interest rate 0.25%.
- BOJ signals to end QE program.
Australia & New Zealand Market.
- BONZ cuts its key interest further easing is likely from low inflation.
Oil
- The U.S. oil inventories are higher than expectation.
- UAE ends oil price control.
- OPEC oil productions reached its 3-year high.
- Stay focus on Iran oil production, it is expected to flood the world market in January 2016.
GOLD
- Stay focus on the U.S. interest rate hike and demand in India, Russian, and China .
- Stay focus on the ECB QE program.
- Focus on BOE announcement on the first interest rates hike for England.
The U.S. Market
- Focus on Yallen talks about the interest rate policy, also focus on labor market condition and the 2% inflation target.
Asia Market
- PBOC may employ QE program by cutting interest rate 0.25%.
- BOJ signals to end QE program.
Australia & New Zealand Market.
- BONZ cuts its key interest further easing is likely from low inflation.
Oil
- The U.S. oil inventories are higher than expectation.
- UAE ends oil price control.
- OPEC oil productions reached its 3-year high.
- Stay focus on Iran oil production, it is expected to flood the world market in January 2016.
GOLD
- Stay focus on the U.S. interest rate hike and demand in India, Russian, and China .
Friday, 24 July 2015
Morning Market Brief 24/7/15
AUDUSD has a new low of the year at 0.7303 since worse in China Markit Manufact. PmI
8.45am CNY Markit Flash Manufacturing PMI***
Actual 48.2 vs Forecast 49.8
European Market
- Stay focus on the ECB QE program. ECB injects 900M euro to support Greece's banking system.
- Stay focus on BOE announcement on the first interest rate hike for England.
- Stoxx 600 fell 0.5% closed at 398.10.
The U.S. Market.
- The USDX rebounded from 96.86 to closed at 97.18 as its jobless claims went down 26,000, the lowest in 42 years.
- DJIA fell 119.12, or 0.67%, closed at 17,731.92. NASDAQ fell 25.36 or 0.49%, closed at 5,146.41. S&P 500 fell 12.00 or 0.57%, closed at 2,102.15.
Asia Market
- SSEC rose 97.88, or 2.43%, closed at 4,123.92.
- Nikkei rose 90.28, or 0.44%, closed at 20,683.95.
- PBOC may employ QE program by cutting interest rate 0.25%.
- BOJ signals to end QE program.
Australia & New Zealand Market.
- BONZ cuts its key interest rate 0.25% to 3% and further easing is likely from low inflation.
Oil
- August WTI fell $0.74 closed at $48.45 from higher supply.
- The U.S. oil inventories are higher than expectation.
- UAE ends oil price control.
- OPEC oil productions reached its 3-year high.
- Stay focus on Iran oil production, it is expected to flood the world market in January 2016.
GOLD
- August gold rose $2.6, or 0.24%, closed at $1,094.10.
- Stay focus on the U.S. interest rate hike and demand in India, Russian, and China .
Economic Calendar Friday, July 24
- New Zealand is to report on the trade balance.
- China is to publish the preliminary reading of the HSBC manufacturing index.
- The euro zone is to release survey data on private sector activity.
- The U.S. is to round up the week with reports on manufacturing activity and new home sales.
8.45am CNY Markit Flash Manufacturing PMI***
Actual 48.2 vs Forecast 49.8
European Market
- Stay focus on the ECB QE program. ECB injects 900M euro to support Greece's banking system.
- Stay focus on BOE announcement on the first interest rate hike for England.
- Stoxx 600 fell 0.5% closed at 398.10.
The U.S. Market.
- The USDX rebounded from 96.86 to closed at 97.18 as its jobless claims went down 26,000, the lowest in 42 years.
- DJIA fell 119.12, or 0.67%, closed at 17,731.92. NASDAQ fell 25.36 or 0.49%, closed at 5,146.41. S&P 500 fell 12.00 or 0.57%, closed at 2,102.15.
Asia Market
- SSEC rose 97.88, or 2.43%, closed at 4,123.92.
- Nikkei rose 90.28, or 0.44%, closed at 20,683.95.
- PBOC may employ QE program by cutting interest rate 0.25%.
- BOJ signals to end QE program.
Australia & New Zealand Market.
- BONZ cuts its key interest rate 0.25% to 3% and further easing is likely from low inflation.
Oil
- August WTI fell $0.74 closed at $48.45 from higher supply.
- The U.S. oil inventories are higher than expectation.
- UAE ends oil price control.
- OPEC oil productions reached its 3-year high.
- Stay focus on Iran oil production, it is expected to flood the world market in January 2016.
GOLD
- August gold rose $2.6, or 0.24%, closed at $1,094.10.
- Stay focus on the U.S. interest rate hike and demand in India, Russian, and China .
Economic Calendar Friday, July 24
- New Zealand is to report on the trade balance.
- China is to publish the preliminary reading of the HSBC manufacturing index.
- The euro zone is to release survey data on private sector activity.
- The U.S. is to round up the week with reports on manufacturing activity and new home sales.
Thursday, 23 July 2015
Today Update
'EUR/USD firmer, 1.10 closer' via @FXstreetNews for Android http://www.fxstreet.com/news/
GBP Retail Sales ex-Fuel (m/m) (Jun)
Previous : 0.2%
Forecast : 0.4%
Actual : -0.2%
GBP Retail Sales ex-Fuel (y/y) (Jun)
Previous : 4.4%
Forecast : 5.1%
Actual : 4.2%
GBP Retail Sales (m/m) (Jun)
Previous : 0.2%
Forecast : 0.4%
Actual : -0.2%
GBP Retail Sales (y/y) (Jun)
Previous : 4.6%
Forecast : 4.8%
Actual : 4.0%
US Jobless Claims plunge 26,000 to 255,000 lowest level since 1973
USD Initial Jobless Claims (Jul 18)
Previous : 281K
Forecast : 280K
Actual : 255K
USD Continuing Claims (Jul 11)
Previous : 2215K
Forecast : 2256K
Actual : 2207K
USD CB Leading Index (m/m) (Jun)
Previous : 0.7%
Forecast : 0.2%
Actual : 0.6%
EUR Euro-Zone Consumer Confidence (Jul A)
Previous : -5.6%
Forecast : -5.8%
Actual : -7.1%
CAD Retail Sales ex Autos (m/m) (may)
Previous : -0.6%
Forecast : 0.8%
Actual : 0.9%
CAD Retail Sales (m/m) (may)
Previous : -0.1%
Forecast : 0.6%
Actual : 1.0%
GBP Retail Sales ex-Fuel (m/m) (Jun)
Previous : 0.2%
Forecast : 0.4%
Actual : -0.2%
GBP Retail Sales ex-Fuel (y/y) (Jun)
Previous : 4.4%
Forecast : 5.1%
Actual : 4.2%
GBP Retail Sales (m/m) (Jun)
Previous : 0.2%
Forecast : 0.4%
Actual : -0.2%
GBP Retail Sales (y/y) (Jun)
Previous : 4.6%
Forecast : 4.8%
Actual : 4.0%
US Jobless Claims plunge 26,000 to 255,000 lowest level since 1973
USD Initial Jobless Claims (Jul 18)
Previous : 281K
Forecast : 280K
Actual : 255K
USD Continuing Claims (Jul 11)
Previous : 2215K
Forecast : 2256K
Actual : 2207K
USD CB Leading Index (m/m) (Jun)
Previous : 0.7%
Forecast : 0.2%
Actual : 0.6%
EUR Euro-Zone Consumer Confidence (Jul A)
Previous : -5.6%
Forecast : -5.8%
Actual : -7.1%
CAD Retail Sales ex Autos (m/m) (may)
Previous : -0.6%
Forecast : 0.8%
Actual : 0.9%
CAD Retail Sales (m/m) (may)
Previous : -0.1%
Forecast : 0.6%
Actual : 1.0%
Wednesday, 22 July 2015
Economic Calendar Wednesday, July 22
- Australia is to publish data on consumer price inflation, while Reserve Bank of Australia Governor Glenn Stevens will speak at a public event.
- The Bank of England is to publish the minutes of its July policy meeting.
- The U.S. is to release private sector data on existing home sales as well as a government report on crude oil inventories.
'GBP/USD clinches highs above 1.5600' via @FXstreetNews for Androidhttp://www.fxstreet.com/news/
BOE and MPC member confirm that interest rate will start rising over next few years but will be gradual. GBP/USD surge higher to 1.5625.
LONDON--Bank of England officials voted unanimously in July to keep the central bank's benchmark interest rate steady, but their united front masks an increasingly lively debate over when to start raising borrowing costs.
Minutes of the Monetary Policy Committee's July policy meeting published Wednesday, show all nine members of the rate-setting panel voted to keep the BOE's benchmark rate at a record low of 0.5% earlier this month. All nine also voted to leave the BOE's bond portfolio at 375 billion pounds ($583.51 billion).
The minutes record that for "a number" of officials, the decision not to raise rates was a close call. For these unnamed officials, the debt crisis in Greece, was "a very material factor" in voting to keep rates on hold.
- The Bank of England is to publish the minutes of its July policy meeting.
- The U.S. is to release private sector data on existing home sales as well as a government report on crude oil inventories.
'GBP/USD clinches highs above 1.5600' via @FXstreetNews for Androidhttp://www.fxstreet.com/news/
BOE and MPC member confirm that interest rate will start rising over next few years but will be gradual. GBP/USD surge higher to 1.5625.
LONDON--Bank of England officials voted unanimously in July to keep the central bank's benchmark interest rate steady, but their united front masks an increasingly lively debate over when to start raising borrowing costs.
Minutes of the Monetary Policy Committee's July policy meeting published Wednesday, show all nine members of the rate-setting panel voted to keep the BOE's benchmark rate at a record low of 0.5% earlier this month. All nine also voted to leave the BOE's bond portfolio at 375 billion pounds ($583.51 billion).
The minutes record that for "a number" of officials, the decision not to raise rates was a close call. For these unnamed officials, the debt crisis in Greece, was "a very material factor" in voting to keep rates on hold.
Friday, 17 July 2015
Tear gas v petrol bombs
Tear gas v petrol bombs: Clashes mar massive Greek protest against bailout deal
read more
http://rt.com/news/273934-
read more
http://rt.com/news/273934-
Wednesday, 15 July 2015
Morning Market Brief 15/7/15
European Market
- BOE states that the first interest rates hike for England is coming, GBP highly appreciate 0.90% to $1.5628/GBP.
- Stoxx 600 rose 0.5% closed at 398.3.
The U.S. Market
- The U.S. Dollar Index fell 0.18% from weaker retail sales, lowest since February.
- DJIA rose 75.90, or 0.42%, closed at 18,053.58. NASDAQ rose 33.38, or 0.66%, closed at 5,104.89. S&P 500 rose 9.35 or 0.45%, closed at 2,108.95.
Oil
- Iran nuclear talks reached agreement, WTI fell 2.3% shortly afterward.
- Keep an eye on U.S. stockpiles today, as inventories levels reached one of its highest totals in the last 80 years: 465.8 million barrels, last week.
- August WTI rose 84 cent closed at $53.04 as Iran's oil will take months to reach the world market.
GOLD
- The strong U.S. dollar causes dollar-denominated commodities such as gold become more expensive for foreign purchasers when the dollar appreciates.
- Keep an eye on Yallen testifies today and tomorrow.
- August gold fell $1.9, or 0.16%, closed at $1153.50.
- BOE states that the first interest rates hike for England is coming, GBP highly appreciate 0.90% to $1.5628/GBP.
- Stoxx 600 rose 0.5% closed at 398.3.
The U.S. Market
- The U.S. Dollar Index fell 0.18% from weaker retail sales, lowest since February.
- DJIA rose 75.90, or 0.42%, closed at 18,053.58. NASDAQ rose 33.38, or 0.66%, closed at 5,104.89. S&P 500 rose 9.35 or 0.45%, closed at 2,108.95.
Oil
- Iran nuclear talks reached agreement, WTI fell 2.3% shortly afterward.
- Keep an eye on U.S. stockpiles today, as inventories levels reached one of its highest totals in the last 80 years: 465.8 million barrels, last week.
- August WTI rose 84 cent closed at $53.04 as Iran's oil will take months to reach the world market.
GOLD
- The strong U.S. dollar causes dollar-denominated commodities such as gold become more expensive for foreign purchasers when the dollar appreciates.
- Keep an eye on Yallen testifies today and tomorrow.
- August gold fell $1.9, or 0.16%, closed at $1153.50.
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