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- Trading day in one post 19.01.2017
Trading day in one post 19.01.2017
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Loading...Asia markets traded mixed on Thursday, with shares of Japanese electronics maker Toshiba tumbling more than 17 percent after a report suggested it was considering the sale of its semiconductor business.
Toshiba shares slipped 17.27 percent in morning trade, after the Nikkei financial daily reported the company was considering spinning off its semiconductor business and selling a partial stake in the unit to U.S. data storage firm Western Digital. Toshiba later said in a statement the report from Nikkei was not "based on any announcements" by the company.
In Japan, the Nikkei Stock Average climbed 0.9 percent.In Australia, the ASX 200 advanced 0.33 percent in afternoon trade, with the materials sector advancing 0.47 percent.Chinese mainland shares were mostly flat, with the Shanghai composite down 0.08 percent and the Shenzhen composite slipping 0.2 percent. In Hong Kong, the Hang Seng index declined 0.35 percent.
Among other currency majors, the euro traded at $1.0637 against the dollar, the Australian dollar fetched $0.7513, while Cable was at $1.2277.
Oil prices advanced in Asian trade on Thursday, after declining in the previous session likely on the back of the dollar rebound. Brent crude added 0.83 percent to $54.37 a barrel, after finishing down 2.79 percent on Wednesday. U.S. crude added 0.78 percent to $51.48 a barrel, after slipping 2.67 percent overnight.
The Dow Jones industrial average fell 22.05 points, or 0.11 percent, to close at 19,804.72, while the S&P 500 rose 4 points, or 0.18 percent, to end at 2,271.89 and the Nasdaq rose 16.93 points, or 0.31 percent, to 5,542.
Economic calendar for European and American boerse sessions
10:15 Switzerland - PPI
11:00 EU - Current account
14:45 EU - ECB Interest rate decision
15:30 USA - Building permits
15:30 USA - Housing starts
15:30 USA - Initial jobless claims
15:30 USA - Philadelphia manufacturing index
15:30 Canada - Manufacturing sales
15:30 EU - ECB Press conference
18:00 USA - Crude oil inventories
18:00 USA - U.S President Trump Speaks
22:45 USA - FOMC Member Williams speaks
USD - The dollar was supported by the last comments of Janet Yellen yesterday. The FED's plan is until 2019 to rise interest rate to 3 %. For the moment the dollar buyers are waiting for the new president ot come on power, which will happens on 20.01. Today we are expecting statement from the new president of U.S D.Trump. In the long-term we remain bullish on USD.
JPY - The Yen weakened yesterday. Maybe the correction is over and we are expecting to see new highs at USD/JPY. But we have to remember that the currency is used by investors as s hedging instrument in case of global or economic turbulence. Son we remain cautious. In middle-term we are bearish on the yen.
EUR - EUR is stable for the moment. Today we are expecting latest rate decision from ECB. Expectation are that there will be no change in the rate.
CAD - Loony is supported by the high oil price. From Poloz's statement yesterday, we understood that BoC will not take any measures for now. The interest rate remains unchanged. If we don not see decline of the oil price, we are bullish on CAD.
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