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- Trading day in one post 12.04.2017
Trading day in one post 12.04.2017
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Loading...The Asian indices opened lower and continued with losses till the end of the session, following the negative sentiment on Wall Street, caused by the geopolitical risks surrounding the Korean Peninsula.
Japan's Nikkei slid with -1.25%, Hang Seng lost -0.12%, Aussie's ASX 200 also declined with -0.12%. Only KOSPI gained 0.12%, as Shanghai Composite lost -0.32%.
During the Asian trading session oil gained 0.36% to $53.59 per barrel.
VIX at its highest level since November 2016 at a level at 15.09
The economic news, that are most likely to affect the markets during the European and American trading sessions:
09:00 Germany - WPI
11:30 UK - Average Earnings Index + Bonuses
11:30 UK - BoE Gov. Carney Speaks
11:30 UK - Claimant Count Change
11:30 UK - Unemployment Rate
Tentative China - New Loans
14:00 USA - Mortgage Market Index
14:00 USA - Mortgage Refinance Index
14:00 USA - OPEC Monthly Report
15:30 USA - Export Price Index
15:30 USA - Import Price Index
17:00 USA - FOMC Member Kaplan Speaks
17:00 Canada - BoC Monetary Policy Report
17:00 Canada - BoC Interest Rate Decision
17:30 USA - Crude Oil Inventories
18:15 Canada - BoC Gov. Poloz Speaks
21:00 USA - Federal Budget Balance
EUR - The euro continued to lose momentum amid the uncertainty from the elections. Today there are no planned economic data in the Eurozone, except for Germany, and probably the common currency will continue to decline. We remain short on EUR/USD.
JPY - The Japanese yen remains the strongest currency during the Asian trading session, as investors seek haven and use it as hedge. This is a hard situation for the BoJ, as it is keen to keep the currency weak. This rise in the yen is controlled for now and there aren't any strong movements, which indicates panic, however this rise is closely monitored by the bank.
USD - The dollar is still looking for a direction. The economic relations between USA and the other countries regarding the trade remain under question. Price of commodities continue to rise, which has a negative effect on the greenback.
Indices - Indices are trading slightly lower, as they still remain without a clear path ahead of them. For the time being they are maintaining price on support levels, however the lack of positivism keeps the stock market in consolidation.
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