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- Trading day in one post 17.02.2017
Trading day in one post 17.02.2017
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Loading...Asia markets were mostly lower on Friday, tracking losses in the U.S. from the Thursday session, as Samsung Group shares were in focus following the arrest of its chief.
Elsewhere, Japanese shares were also lower, with the Nikkei Stock Average down 0.56 percent and the Topix off by 0.48 percent.
Japanese electronics company Sharp beat the broader index to trade up 2.80 percent at 331 yen, after the company revised its earnings estimates.Australia's the benchmark ASX 200 traded down 0.21 percent, with the energy and materials sectors down 0.54 percent and 0.91 percent, respectively. The heavily-weighted financial sector was flat.In Hong Kong, the Hang Seng index was off by 0.16 percent. Chinese mainland shares were near flat, with the Shanghai composite trading at 3,230.70 and the Shenzhen composite was up 0.2 percent at 1,962.39.
The dollar slipped against a basket of currencies to trade at 100.48, down from levels near 101.07 in the previous session.
Oil prices climbed in Asian trade on Friday, with U.S. crude futures gaining 0.17 percent to $53.45 a barrel, while global benchmark Brent was up 0.16 percent to $55.74.
The Dow Jones industrial average finished near flat at 20,619.77, while the S&P 500 slipped 2.03 points, or 0.09 percent, to end at 2,347.22. The Nasdaq dropped 4.54 points, or 0.08 percent, to close at 5,814.
Economic calendar for European and American boerse sessions
11:00 EU - Current account
11:30 UK - Retail sales
15:30 Canada - Foreign securities purchases
17:00 USA - CB Leading index
20:00 USA - Baker Hughes oil rig count
USD - the dollar remains among the strongest currencies at the market. The speculations around, that the first rate hike will be during March is positive for the us currency. The analysts believe that the current change for a rate hike during March is 34 %. We remain with a positive views toward USD.
GBP - March maybe very important for the GBP. The rumours are that Theresa May will invoke Article 50 during the first 10 day on the month. These news are negative for the pound. Today we are expecting the data for Retail sales in the country for the past month. Although the data are important, most likely will have short-term influence over the GBP. We remain negative toward the currency.
JPY - The fiscal policy of BoJ hasn't change and that's keep JPY under control and weaken. But shouldn't forget that JPY is often used by the investors as a safe heaven during political or economic turmoil. We remain cautious toward JPY.
AUD/NZD - Both of the risky currencies are highly overpriced ( according most of the analysts ). Maybe soon we will observe big correction in both of the currencies. Right now the markets are calm and risk appetite is gith. This is positive for these currencies
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