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- Trading day in one post, 25.04.2017
Trading day in one post, 25.04.2017
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Loading...Asian markets traded higher.
Japanese Nikkei gained 0.86%, ASX 200 was up with 0.30%, and Kospi grew with 0.76%.
Chinese markets also gained during the night. Shanghai composite added 0.22% and Shenzen composite edged higher with 0.791%.
Oil's futures also went up. Brent gained 0.5% to $51.89 per barrel and WTI added 0.47% to $49.46 per barrel.
The futures of the US indices also gained significantly. DJIA added 1.05%, S&P 500 edged higher with 1.08% and Nasdaq gained 1.24%.
Economic calendar for European and American trade sessions 25.04.2017
11:30 - UK - Public Sector Net Borrowing (Mar)
11:30 - UK - Public Sector Net Cash Requirement (Mar)
15:55 – USA – Redbook (MoM)
16:00 - USA - S&P/CS HPI Composite - 20 n.s.a. (YoY) (Feb)
17:00 - САЩ - New Home Sales (Mar)
17:00 - USA - CB Consumer Confidence
EUR - The EUR continued its rising movement during the Asian hours. The positive movements were caused by the anticipated victory from Emmanuel Macron on the first poll of the french elections. The end result was as expected and surprised no one. We expect the common currency to remain long.
USD - The greenback traded higher during the Asian session, as investors shift focus towards the tax reform, promised to be done this Wednesday. We expect higher volatility when trading with USD.
JPY - The Yen weakened as result of the French election outcome and traded lower. This decline is probably short-perioded, as tensions around North Korea heightened.
Idexes - The futures of US indexes opened with large gains, and most likely will be followed by Europe. During this week there are a long a fiscal reports which will determine the path of the indexes. Some of the companies that will publish reports are: Alcoa, Boeing, Paypal, Twitter, Google, Amazon etc.
Jr Trader Alexander Kumanov
Varchev Traders Read more:
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