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- Trading day in one post 15.02.2017
Trading day in one post 15.02.2017
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Loading...Broadly, the Nikkei Stock Average climbed 1.22 percent, while the Topix traded up 1.11 percent. Across the Korean Strait, the Kospi was up 0.42 percent.
In Hong Kong, the Hang Seng index added 1.26 percent, while Chinese mainland shares were mostly positive. The Shanghai composite was up 0.25 percent, while the Shenzhen composite traded nearly flat at 1,963.88.
Australia's benchmark ASX 200 climbed 1.03 percent, as most sectors traded higher. The heavily-weighted financial sector was up 1.92 percent, with major banks gaining more than 1 percent each.
Shares of ANZ gained 1.82 percent, Commonwealth Bank of Australia rose 2.65 percent, Westpac added 2.11 percent and the National Australia Bank climbed 2.36 percent.
Fed Chair Yellen said in prepared remarks to Congress that waiting too long to raise interest rates would be "unwise," given the rise in inflation and economic growth.
On Wall Street on Tuesday, the Dow Jones industrial average rose 92.25 points, or 0.45 percent, to end at 20,504.41. The S&P 500 index gained 9.33 points, or 0.40 percent, to close at 2,337.58, while the Nasdaq advanced 18.62 points, or 0.32 percent, to end at 5,782.57.
Economic calendar for European and American boerse sessions
11:30 UK - Average Earnings Index + Bonus
11:30 UK - Claimant count change
12:00 EU - Trade balance
14:00 USA - Mortgage market index
15:30 USA - CPI
15:30 USA - Retail sales
15:30 USA - NY Empire state Manufacturing index
15:30 Canada - Manufacturing sales
16:15 USA - Industrial production
17:00 USA - FED Chair Yellen Testifies
17:30 USA - Crude oil inventories
19:00 USA - FOMC Member Rosengren speaks
19:45 USA - FOMC Member Harker speaks
23:00 USA - TIC Net Long-term Transactions
USD - The dollar gain solid support from Janet Yellen's remarks. According the FED's president it will be unwise and dangerous if rate hike is postponed. Analisysts are pricing the possibility for rate hike in March at 34 % after the testimony.
CAD - The Canadian currency is supported by the oil price, but for the moment it looks like it's in neutral level. Most likely we wouldn't see action from BoC until the end of the year which most likely will leave the currency at these levels.
JPY - Yen weakened slightly against the USD during the Asian hours. JPY remain among the weakest currencies in the market. We remain negative toward the YEN and we can use every correction for another short against the currency.
GBP - March is coming and with that , the activation of Article 50 . Soon the investors will redirect their capitals toward other instrument. We remain short on GBP.
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