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- Trading day in one post 11.04.2017
Trading day in one post 11.04.2017
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Loading...Asian equities were mostly lower in Tuesday trade, following a lower close on Wall Street as geopolitical tensions continued to weigh.
Japan's Nikkei index is lower by -0.55%, Hang Seng is lower by -0.89%, Australia's ASX200 rose by 0.39%, KOSPI dropped by -0.58% and Shanghai Composite decreased by -0.46%.
During the Asian session, oil prices rose by 0.13 percent to $ 56.25 a barrel.
09:00 Japan -Machine Tool Orders
11:30 UK - CPI (YoY) (Mar)
11:30 UK - PPI Input (MoM) (Mar)
12:00 Germany - German ZEW Economic Sentiment (Apr)
12:00 Europe - Industrial Production (MoM) (Feb)
12:00 Europe - ZEW Economic Sentiment
15:55 USA - Redbook
17:00 USA - JOLTs Job Openings
20:45 USA - FOMC Member Neel Kashkari Speaks
EUR - The euro is losing ground because of the uncertainty of the approaching elections in France, which pushed the common currency down. Today we expect data from the euro zone, as worse than expected data will support us to be short of the currency.
JPY - The yen continues to gain profits due to growing geopolitical uncertainty, as investors use it as tool for hedging. Any corrections would give us better levels for long positions.
CAD - The currency traded with slight increase in the Asian session supported by the price of oil. The strong correlation between the black gold and the Canadian currency has a positive impact on CAD. We remain long on the Canadian because of tension in Syria, pushing oil prices up.
Indexes - Indexes traded slightly lower today, searching of direction. They remain above support levels, but there is no positivism as investors are cautious.
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