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- Trading day in one post 12.09.2017
Trading day in one post 12.09.2017
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Loading...The Asian Stock Market:: Most indexes in Asia continued their ascent on Tuesday, following a firm lead from Wall Street as concerns faded over the potential damage of Hurricane Irma and as Korean Peninsula tensions took a backseat. Nikkei 225 rose 1.23 percent as the dollar held onto overnight gains against the yen. Across the Korean Strait, the Kospi gained 0.23 percent. ASX 200 tacked on 0.73 percent. Greater China markets, meanwhile, were mostly flat. The Hang Seng Index shed 0.01 percent. On the mainland, the Shanghai Composite traded higher by 0.07 percent and the Shenzhen Composite added 0.12 percent.
Forex market: The strongest performance at the moment is the pound, which is probably due to the positive expectations of the country's GDP. The euro and the yen are trading almost unchanged for their crosses. Today we expect US data that may affect the dollar that remains stable until risk appetite loses strength. The weakest currency during the Asian session was the NZD followed by the Australian dollar on the second place.
Commodities market: GOLD: Gold is trading in a downward trend after the fears of Hurricane Irma diminished on the other hand speculation that North Korea would test combat missiles faded over the weekend. Oil is slightly down today, with investor attention scheduled for the OPEC meeting a little later in the session.
European stock market: European trading session will start the second day of the week with a slight decrease, with the German DAX trading 1 point lower, the French CAC is also down 1 point and UKX's UKX index is unchanged.
USA stock market: U.S. stocks rose sharply on Monday as the damage from Hurricane Irma didn't appear to be as bad as feared. The Dow Jones industrial average jumped 259.58 points to close at 22,057.37, with Goldman Sachs, Apple, 3M and insurer Travelers Cos. contributing the most to the gains. The index also posted its best session since March 1, when it rose 303 points. The S&P 500 rallied 1.1 percent to close at 2,488.11, a record. The index also notched its biggest one-day gain since April 24. The Nasdaq composite popped 1.1 percent to 6,432.26, as large-cap technology stocks, including Apple, rose. Apple's stock snapped a four-day losing streak ahead of the company's expected unveiling of its latest iPhone.
Economic calendar for European and American trade sessions:
08:30 Frence - Non-Farm Payrolls
11:30 UK - GDP
OPEK meeting - tentative
16:45 Europe - ECB's Constancio Speaks
17:00 USA - JOLTs Job Openings
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