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- Varchev Finance: Trading day in one post – 02.10.2017
Varchev Finance: Trading day in one post - 02.10.2017
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Loading...Asian Exchange Market: Asian markets grew, with some big markets closed due to weekends in China and South Korea. Japan's Nikkei 225 rose 0.15 percent to 20,387 while Topix was down 0.08 percent. Prior to opening the market in Japan, Bank of Japan published its Tankan survey, which shows the business confidence among the major Japanese producers. The indicator reached 22 points or a 10-year peak. This was the main reason why the indexes turned green. In Australia, the ASX200 is trading at a 1.04% rise in the 5740 levels, while markets in Hong Kong and India remain closed due to the autumn festival, a national holiday in the countries.
Currency market: Dollar index rose 0.26% to 93.322. The greenback continued its upswing against Janet Yelan's comments and the ever-increasing percentage of interest rates picked up in December. Meanwhile, the yen fell, with the USD / JPY rising to 112.82 from 112.43. AUD reported a decline of -0.10% against the dollar, despite rising inflation in the country. EUR fell by -0.33% against the dollar after the results of the vote in Catalonia became clear: 90% of the population voted "YES" to separate as an independent country from Spain.
Commodity market: Oil continues to fight at $ 52 a barrel against a background of rising US yields and a number of oil platforms. During the Asian session, black gold fell 0.39% to $ 51.47 a barrel. Given the rising stock markets in Asia and the rising dollar, gold fell 0.39% to $ 1274.95 per ounce. Against the backdrop of good news from Japanese makers, copper has grown by 0.75% to $ 297 a metric ton.
European stock market: European markets are expected to open up as the euro continues to lose its value, while positivism on Asian markets is on the rise. The German DAX30 is expected to start the session with a 43 point increase, the French CAC40 with a 15 point increase, and the UK100 with 5 points higher at 7377. We expect positivism from the Asian session to move to Europe, but we remain on the lookout for possible riots in Catalonia, as the turnout in the referendum was high and the result was categorical - the Catalans voted to separate from Spain.
US Stock Market: Stock markets across the ocean sent a strong quarter, backed by leading indexes on the last trading day of the month. The S & P 500 raised its value by 0.37% to a record 2,519.36 points, supported mainly by technological shares. The Nasdaq record peaked, with a closing price of 6495.96 points on Friday, or an increase of 0.66%. For the whole quarter the technological index rose by over 5%. Dow Jones remained just 0.1% of the record and closed the trade with a growth of 0.11% at $ 22405.09. The index, however, finished eighth consecutive quarter on a positive territory for the first time since 1997. In fact, eight are the quarters with growth for the value of the S & P500, while the increase compared to the end of June is 3.6%.
Economic calendar for European and American stock exchange sessions 02.10.2017
10:15 Switzerland - Retail Sales
10:15 Spain - PMI in the field of production
10:45 Italy - PMI in the field of production
10:50 France - PMI in the field of production
10:55 Germany - PMI in the field of production
11:00 Eurozone - PMI in manufacturing
11:30 UK - PMI in manufacturing
12:00 Eurozone - Unemployment rate
16:45 USA - PMI in the manufacturing sphere
17:00 US ISM PMI in manufacturing
17:30 Canada - BoC Business Prospects
Jr Trader Petar Milanov
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