Trading day in one post 15.03.2017

15.03.2017 / 09:09

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Asian equities were a sea of red early on Wednesday, following losses in U.S. stocks as traders awaited a rates decision from the U.S. Federal Reserve.

Nikkei 225 was down 0.4 percent, Australia's ASX 200 fell 0.33 percent анд Kospi fell 0.16 percent. On the mainland, the Shanghai composite was down 0.28 percent and the Shenzhen composite was off by 0.35 percent.

During Asian hours, oil prices recouped some of their losses. U.S. crude was up 1.45 percent at $48.41 a barrel.

09:45 France - French CPI
10:15 Switzerland - PPI
11:30 UK - Average Earnings ex Bonus
11:30 UK - Average Earnings Index +Bonus
11:30 UK - Claimant Count Change
11:30 UK - Unemployment Rate
12:00 Europe - Employment Change
14:30 USA - CPI
14:30 USA - Retail Sales
16:00 USA - Business Inventories
16:30 USA - Crude Oil Inventories
20:00 USA - Fed Interest Rate Decision
20:30 USA - FOMC Press Conference
23:45 New Zealand - GDP

USD - Dollar lost its strength after a bad data on hourly wages on Friday. Today we expect the decision on the interest rate the Fed as positive expectations already accumulated in the price. Investors will be watching for hints what could be the next increase. If the Fed satisfy the expectations of market participants it is possible to see nor increase in the price of the dollar.

GBP - Sterling weakened after it became clear that Theresa May will most likely soon will activate article 50 exit of Britain from the EU. The departure of England from the EU is negative for the pound remain short in GBP.

CAD - Canadian a slight support after oil prices rose again amid expectations for a possible reduction of production. The strong correlation between the price of the raw material and the Canadian currency has a positive impact on CAD.

JPY - The yen remains the weakest currency today as the monetary policy of Japan has a negative impact on the JPY. Although little is possible to see the yen strengthen past the upcoming elections in France and Germany.

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Trading day in one post 15.03.2017

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