Noticias del mercado

20 junio 2016
  • 22:07

    Major US stock indexes finished trading with an increase

    Major stock indexes Wall Street rose moderately Monday after opinion polls showed the UK increased opportunity to stay in the European Union.

    So, published on the eve of public opinion polls recorded the growth of the country's conservation supporters within the EU and reducing the share of support "Breksa". The Opinium poll 44% of respondents support the preservation of the country in the EU and as much support output. YouGov poll shows supporters of the country's excess saving in the EU over the supporters of "Breksita" - 44% versus 43%, respectively. Lose supporters "Brexit" and Survation poll - 45% against 42%. Despite the change of sentiment among the British, the uncertainty about the possible outcome of the popular vote remains extremely high. In the next few days, investors will continue to be directed to the British referendum, which is scheduled for June 23 and the outcome of which will very much depend on further developments in the financial markets.

    Oil prices are on track to achieve most of the two-day growth of the past month, as investor confidence in riskier assets increased.

    Traders also await speech by Fed Yellen in Congress hoping to get clues on the timing of interest rate rises ..

    Almost all the components of DOW index finished trading in positive territory (29 of 30). More rest up shares The Boeing Company (BA, + 2,41%). Outsider were shares of Cisco Systems, Inc. (CSCO, -0,21%).

    All Sector S & P Index showed an increase. The leader turned out to be the basic materials sector (+ 1.5%).

    At the close:

    Dow + 0.73% 17,804.94 +129.78

    Nasdaq + 0.77% 4,837.21 +36.87

    S & P + 0.58% 2,083.27 +12.05

  • 21:00

    Dow +1.16% 17,880.65 +205.49 Nasdaq +1.31% 4,863.23 +62.89 S&P +1.02% 2,092.39 +21.17

  • 20:19

    American focus: the US dollar significantly depreciated against the British currency

    The US dollar strengthened against the euro, recovering all the ground lost in the first half of today's session. The probable cause of this trend are the technical factors and changes in risk appetite. Market participants are also preparing for the performance of Fed Yellen in Congress - on Tuesday it will submit semi-annual report in the Senate, and on Wednesday - in the House of Representatives. Investors are waiting for her comments on the timing of interest rate rises. Today futures on interest rates Fed indicate that the probability of a rate hike in July is 10%. The chances of an increase in rates are estimated at 37% in September.

    In addition, the course of trading influenced the Bundesbank monthly report, which stated that the ECB's asset purchase program could support the euro zone economy, but the ECB must normalize policy once inflation returns to the target level. The Bundesbank said that its economic model confirms the experience of other currency areas, according to which QE can have a stimulating effect on demand and inflation, however, are associated with exposure to large uncertainties. Bundesbank reiterated its concerns related to the program of QE, noting that it weakens the government budgetary discipline eurozone countries, may lead to risky behavior and reduce the profits of banks.

    The focus of the application were also a member of the Governing Council of the ECB Joseph Makucha. "Out of Britain from the European Union could lead to political instability inside the block and slow down the further integration of the referendum may also lead to financial market volatility, but the ECB will act to reduce the volatility of the market, as has been done many times in the past." - Said Makuch.


    The British pound rose more than 2 percent against the US dollar, reaching a peak on May 31 as the results of surveys signaled to strengthen among the British desire to remain part of the European Union. The survey company Survation revealed that EU membership voted 45% of voters and 42% of the vote for the exit. The median forecast on the results of six recent public opinion polls have shown a 50 percent probability of a positive or negative outcome of the referendum, while the bookmakers betting in the UK out of the EU have fallen sharply compared with last week. Now bookmakers estimate the chances Brekzita in 31% versus 44% in the middle of last week.

    Overall, this week could be very unsaturated in terms of economic data for the UK, if not the historic referendum. Voting in a referendum will end on Thursday at 20:00 GMT, and the results will be announced at 02:00 GMT on Friday. If the majority of citizens will vote for secession leaders of the European countries and organizations planning to hold a series of emergency meetings to calm markets and prevent a domino effect in the weaker economies.

  • 18:00

    European stocks closed: FTSE 100 6,204 +182.91 +3.04% CAC 40 4,340.76 +146.93 +3.50% DAX 9,962.02 +330.66 +3.43%

  • 17:40

    Oil prices rose more than 2 percent

    Oil futures rose significantly on Monday, will support received from the investor appetite for riskier assets after the survey results pointed to a lower probability of the UK from the European Union.

    The campaign on whether Britain should leave the European Union or remain in the block resumed on Sunday after a three-day break, the cause of which was the murder of a parliamentarian from the Labour Party Joe Cox. The results of the survey companies Survation showed that EU membership voted 45% of voters and 42% of the vote for the exit. The median forecast on the results of six recent public opinion polls have shown a 50 percent probability of a positive or negative outcome of the referendum, while the bookmakers betting in the UK out of the EU have fallen sharply compared with last week. Now bookmakers estimate the chances Brekzita in 31% versus 44% in the middle of last week. According to projections, Societe Generale, in the short term, oil prices may fall by 5% in the event of the UK from the EU structure. At the same time, experts believe that in the case of the US dollar strengthened Brekzita.

    Oil continues to recover, despite Friday's data from the oilfield services company Baker Hughes, who reported the third consecutive increase in the number of oil rigs, which implies an increase in future production. The Baker Hughes reported that the total number of drilling rigs increased last week by 10 units in the United States to 424. The number of oil rigs has increased over the reporting period 9 units to 337 units, gas - one of up to 86 pieces, the number of unskilled installations remained unchanged - 1 unit. Experts note that the renewed drilling activity in the US has increased speculation that domestic production could increase in the coming weeks, raising fears of excess global reserves.

    WTI for delivery in August rose to $49.53 a barrel. Brent for August rose to $50.87 a barrel.

  • 17:37

    WSE: Session Results

    Polish equity market surged on Monday. The broad market measure, the WIG index, rose by 1.65%. The WIG sub-sector indices were mainly higher with media (+4.53%) outperforming

    The large-cap stocks' measure, the WIG30 Index, gained 2.11%. In the WIG30, only four index constituents generated losses. Chemical producer GRUPA AZOTY (WSE: ATT) led the underperformers with a 0.98% decline, followed by property developer GTC (WSE: GTC), videogame developer CD PROJEKT (WSE: CDR) and IT-company ASSECO POLAND (WSE: ACP), which fell by 0.73%, 0.72% and 0.32% respectively. On the plus side, railway freight transport operator PKP CARGO (WSE: PKP) and media group CYFROWY POLSAT (WSE: CPS) were the biggest advancers, climbing by 5.89% and 5.82% respectively. Other noticeable risers were telecommunication services provider ORANGE POLSKA (WSE: OPL), bank BZ WBK (WSE: BZW) and genco ENEA (WSE: ENA), which gained between 4.23% and 4.76%.

  • 17:24

    Wall Street. Major U.S. stock-indexes rose

    Major U.S. stock-indexes sharply higher on Monday, with the S&P and the Dow recovering last week's losses, after polls over the weekend showed an increased possibility of Britain remaining in the European Union. Global markets went into a tizzy last week as investors unsure over the fallout of Britain's vote on Thursday fled to safe-haven assets such as the yen and gold.

    Oil prices were on track to mark their largest two-day rise in a month as investor confidence in the risky asset rose and the strength of the dollar weakened.

    Almost all of Dow stocks in positive area (29 of 30). Top looser - Verizon Communications Inc. (VZ, -0,54%). Top gainer - The Boeing Company (BA, +2,83%).

    Almost of all S&P sectors also in positive area. Top looser - Utilities (-0,3%). Top gainer - Financial (+2,0%).


    At the moment:

    Dow 17810.00 +251.00 +1.43%

    S&P 500 2088.25 +29.25 +1.42%

    Nasdaq 100 4434.75 +75.25 +1.73%

    Oil 49.75 +1.19 +2.45%

    Gold 1287.50 -7.30 -0.56%

    U.S. 10yr 1.67 +0.06

  • 17:21

    Gold prices declined slightly

    Gold prices slightly declined in today's trading, reacted to the news about Brekzita. Pressure on prices also provided strengthening investor appetite for high-risk assets

    Opinion polls have shown a slight strengthening of the positions of supporters of continued membership in the EU, although in general the votes are divided almost equally.

    The survey, conducted by Survation, showed that in the UK out of the EU are the 42% of the population and against - 45%. This is the first study on the subject conducted after the British Member of Parliament Joe Cox murder, opposed the country's exit from the EU. According to the last survey Survation, for access to the UK from the EU were 45% of respondents, and against - 42%. Meanwhile bookmakers estimate the chances of the UK exit from the EU to 31% against 44% in the middle of last week.

    Recall, the price of gold rose last week to their highest level in two years amid speculation that British voters can vote for the exit from the trade bloc in a referendum, which is scheduled for Thursday.

    "Undoubtedly, the referendum will be a key theme of this week's uncertainty with regard to the election results should support gold." - Said an analyst at Commerzbank.

    Gold reserves, located in the reserves of the largest ETF fund SPDR GOLD Trust, rose on Friday by 0.59 percent, to 907.88 tonnes, the highest level since September 2013.

    In addition, data Commodity Futures Trading Commission showed that in the week to 14 June hedge funds and money managers increased the number of positions on the gold purchase to their highest level in nearly five years.

    The cost of the August gold futures on the COMEX fell to $ 1288.1 per ounce.

  • 15:52

    Option expiries for today's 10:00 ET NY cut

    EUR/USD 1.1200 (EUR 202m) 1.1275 (200m) 1.1295-1.1300 (1.27bln) 1.1470 (612m)

    USD/JPY 103.00 (USD 280m) 104.00 (515m) 105.00 (797m)

    GBP/USD 1.4350 (200m) 1.4700 (244m)

    EUR/GBP 0.7740 (300m)

    AUD/USD 0.7350 (AUD 490m)

    USD/CAD 1.2705-06 (USD 3.73bln)

  • 15:51

    WSE: After start on Wall Street

    Today the markets record a significant improvement in sentiment, but the sudden change of climate concerns mainly large companies, and changes in indexes of smaller and medium-size are not so clear and oscillate about 0.5%. The mWIG40 index clearly increased on Friday, when the sWIG80 was weaker. In a wider perspective, the two segments undergo cooling after successful performance at the beginning of the year. The scale of the current two-day growth is not significant enough to seriously undermine the corrective nature of trade.


    Global optimism can also be seen on Wall Street and the market in the US has initiated trading just above the consolidation of the last days. Generally, the Americans do not care about Brexit, but benefit from warming of investment climate.

  • 15:33

    U.S. Stocks open: Dow +0.77%, Nasdaq +1.28%, S&P +1.02%

  • 15:10

    Before the bell: S&P futures +1.30%, NASDAQ futures +1.31%

    U.S. stock-index futures rose after the latest polls showed the U.K. campaign to remain in the European Union is gaining ground before Thursday's referendum.

    Global Stocks:

    Nikkei 15,965.3 +365.64 +2.34%

    Hang Seng 20,510.2 +340.22 +1.69%

    Shanghai Composite 2,888.59 +3.49 +0.12%

    FTSE 6,230.77 +209.68 +3.48%

    CAC 4,349.13 +155.30 +3.70%

    DAX 9,987.5 +356.14 +3.70%

    Crude $49.02 (+2.17%)

    Gold $1287.30 (-0.58%)

  • 14:58

    Wall Street. Stocks before the bell

    (company / ticker / price / change ($/%) / volume)


    3M Co

    MMM

    171

    2.06(1.2194%)

    566

    ALCOA INC.

    AA

    9.79

    0.21(2.1921%)

    37407

    ALTRIA GROUP INC.

    MO

    65.8

    0.40(0.6116%)

    4154

    Amazon.com Inc., NASDAQ

    AMZN

    713.97

    7.58(1.0731%)

    33402

    Apple Inc.

    AAPL

    95.95

    0.62(0.6504%)

    266011

    AT&T Inc

    T

    40.97

    0.24(0.5892%)

    28886

    Barrick Gold Corporation, NYSE

    ABX

    19.4

    -0.71(-3.5306%)

    134338

    Boeing Co

    BA

    132.49

    2.67(2.0567%)

    2509

    Caterpillar Inc

    CAT

    77.44

    1.51(1.9887%)

    1693

    Chevron Corp

    CVX

    103

    1.43(1.4079%)

    1034

    Cisco Systems Inc

    CSCO

    29.15

    0.20(0.6908%)

    12544

    Citigroup Inc., NYSE

    C

    43.44

    0.96(2.2599%)

    30538

    Deere & Company, NYSE

    DE

    86.55

    0.55(0.6395%)

    900

    Exxon Mobil Corp

    XOM

    91.51

    0.79(0.8708%)

    24172

    Facebook, Inc.

    FB

    113.85

    0.83(0.7344%)

    183255

    Ford Motor Co.

    F

    13.46

    0.20(1.5083%)

    70899

    Freeport-McMoRan Copper & Gold Inc., NYSE

    FCX

    11.63

    0.49(4.3986%)

    311003

    General Electric Co

    GE

    30.89

    0.29(0.9477%)

    57532

    General Motors Company, NYSE

    GM

    29.64

    0.41(1.4027%)

    19304

    Goldman Sachs

    GS

    148.25

    2.61(1.7921%)

    3554

    Google Inc.

    GOOG

    698.1

    6.38(0.9223%)

    10848

    Hewlett-Packard Co.

    HPQ

    13.19

    0.07(0.5335%)

    595

    Home Depot Inc

    HD

    128.7

    1.56(1.227%)

    1170

    Intel Corp

    INTC

    32.04

    0.28(0.8816%)

    10806

    International Business Machines Co...

    IBM

    153.25

    1.26(0.829%)

    2111

    Johnson & Johnson

    JNJ

    116.6

    1.12(0.9699%)

    1210

    JPMorgan Chase and Co

    JPM

    63.5

    1.22(1.9589%)

    15306

    Merck & Co Inc

    MRK

    56.67

    0.78(1.3956%)

    670

    Microsoft Corp

    MSFT

    50.62

    0.49(0.9775%)

    10911

    Nike

    NKE

    54.65

    0.94(1.7501%)

    10904

    Pfizer Inc

    PFE

    34.52

    0.30(0.8767%)

    5009

    Procter & Gamble Co

    PG

    83.65

    0.52(0.6255%)

    6289

    Starbucks Corporation, NASDAQ

    SBUX

    55.8

    0.49(0.8859%)

    4490

    Tesla Motors, Inc., NASDAQ

    TSLA

    219

    3.53(1.6383%)

    27617

    The Coca-Cola Co

    KO

    45.06

    0.27(0.6028%)

    8525

    Twitter, Inc., NYSE

    TWTR

    16.36

    0.26(1.6149%)

    167305

    UnitedHealth Group Inc

    UNH

    139.51

    1.82(1.3218%)

    2900

    Verizon Communications Inc

    VZ

    54.07

    0.29(0.5392%)

    9848

    Visa

    V

    78

    1.01(1.3119%)

    3735

    Wal-Mart Stores Inc

    WMT

    71.32

    0.37(0.5215%)

    1809

    Walt Disney Co

    DIS

    100.02

    1.02(1.0303%)

    42581

    Yahoo! Inc., NASDAQ

    YHOO

    37.36

    0.42(1.137%)

    23810

    Yandex N.V., NASDAQ

    YNDX

    22.53

    1.10(5.133%)

    6150

  • 14:57

    Upgrades and downgrades before the market open

    Upgrades:


    Downgrades:


    Other:

    Pfizer (PFE) target lowered to $40 from $42 at Jefferies


  • 14:30

    Canada: Wholesale Sales, m/m, April 0.1% (forecast 0.9%)

  • 13:50

    Orders

    EUR/USD

    Offers : 1.1375-80 1.1400 1.1420 1.1450 1.1480 1.1500

    Bids: 1.1325-30 1.1300 1.1280-85 1.1250 1.1220-25 1.1200


    GBP/USD

    Offers : 1.4585 1.4600-05 1.4625 1.4650-60 1.4680-85 1.4700 1.4725 1.4745-50

    Bids: 1.4545-50 1.4530-35 1.4500-05 1.4485 1.4465 1.4450 1.4430 1.4400 1.4350-60


    EUR/GBP

    Offers : 0.7800 0.7825-30 0.7850 0.7885 0.7900 0.7930 0.7950 0.7980-85 0.8000

    Bids: 0.7765 0.7750 0.7730 0.7700 0.7670-75 0.7650 0.7630 0.7600


    EUR/JPY

    Offers : 118.80 119.00 119.20 119.50 119.85 120.00 120.30 120.50

    Bids: 118.45-50 118.20 118.00 117.80 117.50-60 117.30 117.00


    USD/JPY

    Offers : 104.80 105.00 105.30-35 105.50 105.80 106.00 106.50 106.85 107.00

    Bids: 104.45-50 104.20 104.00 103.80-85 103.50 103.25 103.00 102.75-80 102.50 102.00


    AUD/USD

    Offers : 0.7485-90 0.7500 0.7520 0.7550 0.7570 0.7600

    Bids: 0.7420 0.7400 0.7385 0.7370 0.7350 0.7320-25 0.7300

  • 13:10

    WSE: Mid session comment

    Today's a very good attitude of European markets (DAX + 3.38%) results with back of our parquet to area of today's highs, which means pausing dangerous process of subsidence of the morning, very short, breaking. For our bulls maintaining of the observed result to the end of the session will already be a success, based on which they may work on the development in the future. The problem, however, remains low turnover, which indicates a revocation of supply and the continued lack of serious decisions to trade. It does not help here a Monday aura and empty macro calendar.

    In the mid-session the WIG20 index was at the level of 1,794 points (2.29%) with turnover of less than PLN 150 mln.

  • 12:40

    European Stocks mid session

    Stock markets in Europe rallied due mostly to the recovery of the banking sector, as renewed hope that the UK will decide to stay in the EU, boosting investors appetite for risk.

    The composite index of the largest companies in the region Euro Stoxx 600 rose by 3.3% - to 336.63 points.

    As the poll showed, held June 18 by Survation, 45% of respondents were in favor, to maintain membership in the EU, 42% - against. Prior to this, the data indicated that Brexit supporters camp wins, but the death of a British Member of Parliament Joe Cox forced politicians to suspend the election campaign that changed the balance of power.

    Meanwhile bookmakers estimate the chances of the UK exit from the EU to 31% against 44% in the middle of last week.

    Producer prices in Germany declined at a slower pace in May, Destatis data showed.

    Shares of Royal Bank of Scotland and Lloyds gained 7.5% and 5.8%, respectively, amid signs that Britain decides to stay in the EU.

    The capitalization of the Italian bank UniCredit rose 4.9%. Italian media reported that the new CEO of the bank may be the former Minister of Economic Development, Infrastructure and Transport Corrado Passera.

    Spanish BBVA Bank increased its market value by 2.7% on news that the Bank approved a strategic development plan in March this year, not informing the market participants. The plan aims to increase the profitability and efficiency of the bank.

    Volkswagen AG's stock price rose by 3.1%. According to informed sources, the automaker intends to submit to regulators in the United States plan to eliminate violations in vehicles with diesel engines until the end of this month. The plan calls for expenditures of about $ 10 billion.

    The market value of Bayer AG increased by 2.2%. According to rumors, the company is in talks with investment banks about a possible sale of its business for the production of radiological equipment. Cost could be around $ 3 billion.

    Share price Adidas AG increased by 2.2% from the figures that the sporting goods manufacturer has signed another four-year sponsorship deal with the national football team of Germany.

    Allianz shares rose 3.2% after the German insurer announced the acquisition of Zurich Assurances Maroc, a branch of Zurich Insurance Company in Morocco.

    Taylor Wimpey shares soared 5.4% after Deutsche Bank analysts confirmed their rating to "buy."

    At this moment

    FTSE 6182.44 161.35 2.68%

    DAX 9952.37 321.01 3.33%

    CAC 4328.91 135.08 3.22%

  • 12:06

    Goldman Sachs: buy Gbp vs Eur if “Bremain”, Buy Chf vs Gbp and Eur if “Brexit”

    According to Goldman Sachs markets remain focused on the UK referendum and its implications for asset prices. In the past two weeks, 'Brexit risk premia' have been priced into UK and foreign assets, and we expect risk to continue to underperform till June 23.

    Past the date of the referendum, asset prices are likely to move sharply regardless of the outcome of the referendum: in the event of a 'Remain' vote, we would expect markets to price out the 'Brexit risk premia'; following a 'Leave' vote prices would most likely incorporate the additional uncertainty that such a vote would generate

    Following a 'Leave' vote, we would consider long positions in currencies that, in our view, are structurally stronger. For example, the CHF and NOK offer compelling upside structurally and tactically, as we think that the SNB and Norges Bank are less likely to respond aggressively to CHF and NOK strength.

    Among the currencies that are likely to underperform, our analysis suggests that, cumulative over six months, Sterling could weaken by about 11% and the Euro by 4% in trade-weighted terms versus a basket of major DM currencies if uncertainty increases as much as it did after the Lehman collapse. We also like downside in the AUD and NZD, where our economists expect more policy easing in H2 even in a 'Remain' vote scenario. In the event of a 'Leave' vote, the currency pairs that we think should depreciate the most are GBP/CHF and EUR/CHF.

    If voters decide that the UK should continue to be a member of the European Union, we would anticipate a strong appreciation of Sterling, which is also implicitly assumed in the Bank of England's May Inflation Report. For all G10 currencies, in the event of a 'Remain' vote our recent FX forecasts would remain our base case.

    Tactically, EUR/USD would likely see a decent upside move in response to a 'Remain' vote, and contrary to our directional bullish view on the USD. After the latest FOMC meeting, our economists adjusted the subjective probabilities for a rate increase at the next two meetings, lowering July to 25% (from 35%) and raising September to 40% (from 35%). Although the probability we assign to a Fed hike in July remains higher than that priced by the fed funds future market, it is unlikely that investors will reprice such probability significantly to the upside, at least until the next US employment report, which will be released on July 8.

    However, the EUR should weaken versus Sterling. When EUR/GBP stood at 0.76, we quantified the 'Brexit' risk premium at around 5-8 big figures. Since then, EUR/GBP has moved up almost another 3 big figures. Hence, in a 'Remain' scenario EUR/GBP could move sharply towards our 12-month forecast of 0.70.

  • 11:53

    Important events of the day

    In addition to the events mentioned in the economic calendar:


    - 10:00 GMT the Bundesbank Monthly Report.

    - 13:00 GMT the ECB member Yves Mersch will make a speech.

    - 16:30 GMT Member of the Executive Board of the ECB, Sabine Lautenshleger, deliver a speech.

    - 23:25 GMT RBA Assistant Governor, Guy Debel, deliver a speech.

  • 11:44

    Stocks rise in "risk on" early trading

    Stocks, sterling and oil soared at the start of the week after polls suggested the U.K. was more likely to vote to remain in the European Union in Thursday's referendum than previously expected.

    The Stoxx Europe 600 jumped 3.4% late morning, extending Friday's momentum, while the British pound surged 2.1% against the dollar to $1.4653, on track for its highest settlement since May.

    Futures pointed to a 1.3% opening gain for the S&P 500. Changes in futures markets don't necessarily reflect market moves after the opening bell.

    "We're in this sort of frenzied period where Brexit is front and center, " said Bob Doll, senior portfolio manager at Nuveen Asset Management.

    A survey published on Sunday showed that 45% of respondents backed the U.K. staying in the trade bloc, compared with 42% in favor of leaving. The poll-of-polls, averaging the last six polls in the U.K. vote, returned to 50/50, suggesting growing momentum for the "remain camp" in the June 23 referendum.

  • 11:08

    Oil takes advantage of Usd selling

    This morning, New York crude oil futures WTI rose by 1.61% to $ 49.34 per barrel. Crude oil futures for Brent rose by 1.73% to $ 50.02 per barrel. Thus, the black gold is gaining so far backed by the weakening of the dollar and reduce fears of a possible withdrawal of Britain from the European Union. Oil is rising, despite an increase in the number of drilling rigs in the United States the third consecutive week with production growth. The number of drilling rigs increased by 9 units for the week ended June 17 according to Baker Hughes.

  • 10:59

    Bank of Japan Chairman, Kuroda: The cost of Deflation

    In a speech at the Faculty of Economics at Keio University, BoJ governor said that the aim of QQE is to overcome the prolonged deflation that has gripped Japan. Even if this deflation has been mild, the fact that it has continued for more than 15 years means that its cumulative costs have been extremely large. Looked at in terms of the price level, an annual inflation rate of minus 0.3 percent over a period of 15 years implies that the price level will fall by around 5 percent, but an annual inflation rate of 2 percent over a period of 15 years means that the price level will rise by around 35 percent. Therefore, he thinks it is clear that even mild deflation, if it continues for a prolonged period, will have a large impact on the medium- to long-term decision-making of economic entities.

  • 10:15

    Option expiries for today's 10:00 ET NY cut

    EUR/USD 1.1200 (EUR 202m) 1.1275 (200m) 1.1295-1.1300 (1.27bln) 1.1470 (612m)

    USD/JPY 103.00 (USD 280m) 104.00 (515m) 105.00 (797m)

    GBP/USD 1.4350 (200m) 1.4700 (244m)

    EUR/GBP 0.7740 (300m)

    AUD/USD 0.7350 (AUD 490m)

    USD/CAD 1.2705-06 (USD 3.73bln)

  • 09:44

    German producer prices down 2.7% in May

    In May 2016 the index of producer prices for industrial products fell by 2.7% compared with the corresponding month of the preceding year. In April 2016 the annual rate of change all over had been -3.1%.

    Compared with the preceding month April 2016 the overall index rose by 0.4% in May 2016 (+0.1% in April and unchanged in March 2016).

    In May 2016 energy prices decreased by 8.0% compared with May 2015, prices of intermediate goods by 2.3% and prices of non-durable consumer goods by 0.2%. In contrast prices of capital goods rose by 0.6% and prices of durable consumer goods by 1.3%.

    The overall index disregarding energy decreased by 0.8% compared with May 2015 and rose slightly by 0.2% compared with April 2016.

  • 09:32

    “Bremain” rather then “Brexit”

    The British pound was up against the US dollar and Japanese yen, as concerns over the possible withdrawal of Great Britain from the EU declined.

    Referendum campain was suspended on Thursday and Friday after the assassination of parliamentarian Joe Cox, who is a representative of the opposition Labour Party, in favor of maintaining the UK as part of trade and political bloc.

    The British pound rose, because, according to investors, campain suspension will negatively affect the position of the EU exit supporters who have or had good support among the population, based on the results of las weeks polls.


    "Investors are quick to realize that the death of Joe Cox has become a new factor in the situation, while a growing number of people acted in support of the release of the trade and political bloc," - analysts at Brown Brothers Harriman wrote.


    Latest polls published on weekend show the remain camp in lead and the gbp pairs gaped up at the opening.


    According to betting company Betfair Group Ltd., the likelihood that the majority of Britons would vote to leave the EU on June 23 is now below 30%, after 40% before the attack on the MP.


    On the Gbp/Usd chart we see a nicely done accumulation phase of buy orders in the 1.42-1.41 area followed by a profit release phase, in which we are now.

  • 09:13

    WSE: After opening

    The new, September series, future contracts on the WIG20 index (WSE: FW20U16) started the day from increase by as much as 1.79% (1,762 points). Surrounded contract for the DAX gained up 2.5%, and the reaction of the Polish market is a simple to this movement. Its scale is very large, which can suppress the subsequent volatility, because the same opening leads to a substantial shift. In the case of a weak markets, which include the GPW, as high opening generally may lead to difficulties in continuation.

    WIG20 index opened at 1764.76 points (+0.59%)

    WIG 45001.12 0.88%

    WIG30 1980.69 1.18%

    mWIG40 3451.32 0.37%

    */ - change to previous close

    Cash market opens up with quite modest increase of 0.59% to 1,764 points, which enables for rapid continuation of growth towards the level of 1,780 points. The turnover is not spectacular, but not bad for a Monday.

  • 08:27

    Asian session: The pound climbed

    June 20 Sterling rallied early on Monday as momentum swung in favour for Britain to remain in the European Union just days ahead of a referendum, helping underpin risk sentiment which in turn weighed on the safe-haven yen.

    The pound climbed 0.9 percent to $1.4483, extending a recovery from last week's two-month trough of $1.4013. It jumped 1.7 percent to 151.75 yen, pulling well away from a three-year trough of 145.34 set on Thursday.

    Investors took heart after three of six opinion polls published over the weekend showed a shift towards keeping Britain in the EU, but the June 23 vote still looked too close to call.

    Indicating a general pick-up in risk appetite, U.S. stock futures rose 0.9 percent, suggesting a positive open on Wall Street later in the day.

    As a result, the yen dipped across the board - a move that may help ease worries about the strength in the currency.

    On Friday, Finance Minister Taro Aso said he was deeply concerned about "one-sided, rapid and speculative" currency moves and would respond urgently if needed - a hint at possible yen-selling market intervention.

    The dollar climbed 0.6 percent to 104.68 yen, while the euro put on 1.1 percent to 118.72 yen.

    Against the greenback, the common currency edged up 0.5 percent to $1.1333. The dollar index eased 0.4 percent to 93.825.

    The Australian dollar, usually sold off in times of heightened risk aversion, gained 0.4 percent to $0.7422 . It rose 0.9 percent on the yen to 77.67.

    Analysts warned there is little conviction in markets and moves could easily reverse if sentiment turned negative.

    "Price action seemed very tentative everywhere, reflecting a mild trimming of ultra-cautious positions ahead of this week's Brexit referendum," analysts at ANZ wrote in a note to clients.


    EUR / USD: during the Asian session, the pair was trading in the $ 1.1310-55

    GBP / USD: during the Asian session, the pair is trading in the range of $ 1.4435-1.4560

    USD / JPY: during the Asian session, the pair was trading in range Y104.40-60


    Based on Reuters materials

  • 08:19

    WSE: Before opening

    We start a week, during which will be held on the last inflected by all the cases, the referendum in the UK. On Sunday, the campaign was resumed before the vote and appeared the next polls. All point to win of people who want to stay within the framework of European structures, which stimulates in the morning appetite for risk after a difficult last week.

    Contracts in the US are rising by approx. 1%, while indexes in Asia, outside of China, gain a similar scale. A weakening of the yen supports the Japanese market, where the Nikkei gaining over 2%. Today's macroeconomic calendar is empty, so rather nothing, but the latest polls from the UK, should attract the attention of investors.

    Increasing this morning by more than 0.8% the price of copper should be supported for the Warsaw Stock Exchange, which recently remained weaker compare to foreign markets, but as a rule guided by external sentiment, which should be supported today. If we look at the probability of Brexit, calculated by the bookmakers ratings, it fell below 30%. This may herald the end of the hysteria associated with the referendum and the fear of its negative outcome.

  • 08:01

    Germany: Producer Price Index (MoM), May 0.4% (forecast 0.3%)

  • 08:01

    Germany: Producer Price Index (YoY), May -2.7% (forecast -2.8%)

  • 07:19

    Global Stocks

    European stocks finished higher Friday, with investors reassessing the prospect of the U.K. leaving the European Union in the wake of a British lawmaker's killing.

    The Stoxx Europe 600 SXXP, +1.40% rose 1.4% to 325.76, with all sectors pushing higher. Bank shares were leading the financial sector SXFR, +2.74% higher after being hit in recent sessions on concerns the banking industry will suffer in the event of a "Brexit."

    Stocks moved higher after campaigning was suspended for a second day by both the "leave" and "remain" sides of the Brexit debate following the killing of lawmaker Jo Cox on Thursday. Cox, a 41-year-old Labour Party member, was a vocal supporter of the U.K. remaining in the EU.

    Before Cox's death, markets "had been increasingly concerned by a vote to leave and this has pulled a recovery in sterling and equities," while "safe haven plays which were so strong yesterday morning have receded with the yen and gold both corrective once more," Perry said.

    Shares of U.S. companies with a higher-than-average reliance on British sales could face a rude awakening should the U.K. vote to exit the European Union on Thursday.

    Stocks finished the week lower on so-called Brexit worries and in the wake of a June Federal Reserve policy meeting that underscored a slower approach to rate increases given shaky economic growth. The Dow Jones Industrial Average DJIA, -0.33% declined 1.1% for the week, while the S&P 500 index SPX, -0.33% shed 1.2%, and the Nasdaq Composite Index COMP, -0.92% fell 1.9%. Both the S&P 500 and Nasdaq logged a second week of losses.

    Asian stocks gained as some fears that Britain would vote to leave the European Union abated on Monday, boosting a recovery in both sterling and investors' taste for risk assets.

    Safe-haven assets and currencies like gold, government bonds and the yen retreated.

    Australian stocks added 1.2 percent and South Korea's Kospi .KS11 rose 1.1 percent.

    Japan's Nikkei .N225 climbed more than 2 percent, helped by a retreat in the recently bullish yen.

    "Those who were risk averse are reversing their positions," said Yoshinori Shigemi, global market strategist at JPMorgan Asset Management in Tokyo.

    "Sentiment was extremely negative last week, but it's recovering now, though we should not be overly optimistic."

    Three British opinion polls ahead of the EU membership referendum on June 23 showed the "Remain" camp recovering some momentum, although the overall picture remained one of an evenly split electorate.

  • 07:09

    Options levels on monday, June 20, 2016:

    EUR/USD

    Resistance levels (open interest**, contracts)

    $1.1475 (2826)

    $1.1434 (2069)

    $1.1402 (720)

    Price at time of writing this review: $1.1374

    Support levels (open interest**, contracts):

    $1.1261 (414)

    $1.1228 (2353)

    $1.1182 (1608)


    Comments:

    - Overall open interest on the CALL options with the expiration date July, 8 is 34201 contracts, with the maximum number of contracts with strike price $1,1500 (3857);

    - Overall open interest on the PUT options with the expiration date July, 8 is 84025 contracts, with the maximum number of contracts with strike price $1,0900 (16247);

    - The ratio of PUT/CALL was 2.46 versus 2.42 from the previous trading day according to data from June, 17


    GBP/USD

    Resistance levels (open interest**, contracts)

    $1.4818 (1960)

    $1.4723 (882)

    $1.4628 (1289)

    Price at time of writing this review: $1.4590

    Support levels (open interest**, contracts):

    $1.4453 (589)

    $1.4357 (703)

    $1.4261 (450)


    Comments:

    - Overall open interest on the CALL options with the expiration date July, 8 is 20683 contracts, with the maximum number of contracts with strike price $1,5000 (3473);

    - Overall open interest on the PUT options with the expiration date July, 8 is 39311 contracts, with the maximum number of contracts with strike price $1,4100 (3289);

    - The ratio of PUT/CALL was 1.90 versus 1.90 from the previous trading day according to data from June, 17


    * - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

    ** - Open interest takes into account the total number of option contracts that are open at the moment.

  • 04:07

    Nikkei 225 15,931.59 +331.93 +2.13 %, Hang Seng 20,343.29+173.31 +0.86 %, Shanghai Composite 2,882.4 -2.70 -0.09 %

  • 01:55

    Japan: Trade Balance Total, bln, May -40.7 (forecast 40)

  • 00:38

    Commodities. Daily history for Jun 17’2016:

    (raw materials / closing price /% change)

    Oil 48.26 +0.58%

    Gold 1,301.60 +0.53%

  • 00:37

    Stocks. Daily history for Jun 17’2016:

    (index / closing price / change items /% change)

    Hang Seng 20,169.98 +131.56 +0.66 %

    S&P/ASX 200 5,162.66 +16.68 +0.32 %

    Shanghai Composite 2,885.04 +12.22 +0.43 %

    Topix 1,250.83 +9.27 +0.75 %

    FTSE 100 6,021.09 +70.61 +1.19 %

    CAC 40 4,193.83 +40.82 +0.98 %

    Xetra DAX 9,631.36 +80.89 +0.85 %

    S&P 500 2,071.22 -6.77 -0.33 %

    NASDAQ Composite 4,800.34 -44.58 -0.92 %

    Dow Jones 17,675.16 -57.94 -0.33 %

  • 00:36

    Currencies. Daily history for Jun 17’2016:

    (pare/closed(GMT +3)/change, %)

    EUR/USD $1,1276 +0,41%

    GBP/USD $1,4357 +1,03%

    USD/CHF Chf0,9594 -0,56%

    USD/JPY Y104,14 -0,16%

    EUR/JPY Y117,44 +0,25%

    GBP/JPY Y149,55 +0,88%

    AUD/USD $0,7392 +0,34%

    NZD/USD $0,7055 +0,04%

    USD/CAD C$1,2892 -0,52%

  • 00:01

    Schedule for today, Monday, Jun 20’2016:

    (time / country / index / period / previous value / forecast)

    05:00 Japan Coincident Index (Finally) April 111.1

    05:00 Japan Leading Economic Index (Finally) April 93.3

    06:00 Germany Producer Price Index (MoM) May 0.1% 0.3%

    06:00 Germany Producer Price Index (YoY) May -3.1% -2.8%

    12:30 Canada Wholesale Sales, m/m April -1.0% 0.9%

    23:50 Japan Monetary Policy Meeting Minutes


Enfoque del mercado
Cuotas
Símbolo Bid Ask Tiempo
AUDUSD
EURUSD
GBPUSD
NZDUSD
USDCAD
USDCHF
USDJPY
XAGEUR
XAGUSD
XAUUSD
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