Balita at Pananaliksik

Pananaliksik at Impormasyon

Pananaliksik at Impormasyon

Land-FX analyst Ioan Mihalachi

  • Head of European Market Strategy and Education Department
  • Market research experience with over 7 years of comprehensive understanding of Financial Markets.
  • Investment management using the combination of fundamental and technical market analysis.

13 February 2017

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Currency Markets the dollar rose to a two-week high versus the yen on Monday, with the market breathing a sigh of relief as the closely watched two-day U.S.-Japan summit held over the weekend was seen to have ended smoothly. The dollar was up 0.65 percent at 113.920 yen, briefly touching 114.170, the highest since Jan. 30. The euro was down 0.2 percent at $1.0621, falling close to Friday's 3-1/2-week low of $1.0608. The New Zealand dollar inched up 0.1 percent to $0.7203. The Australian dollar was little changed at $0.7671 after rising 0.7 percent on Friday on upbeat Chinese trade data and an optimistic economic view given by the Reserve Bank of Australia. The dollar index was up 0.15 percent at 100.930. 

 

Commodities Markets oil prices fell on Monday on signs that global fuel markets remained bloated despite OPEC-led crude production cuts that have been more successful than most initially expected. Brent crude futures were trading at $56.55 per barrel, down 15 cents from their previous close. West Texas Intermediate crude futures were down 12 cents at $53.74 a barrel. Spot gold shed 0.3 percent, to $1,229.77 per ounce, while U.S. gold futures fell 0.4 percent, to $1,231. Spot silver was mostly unchanged at $17.95 per ounce, after touching $18, the highest since Nov.11, 2016, earlier in the session. Platinum eased by 0.3 percent, to $1,007.15 per ounce. Palladium was mostly flat at $783.73 per ounce. 

  US Equity Markets the  main stock indexes rose to fresh all-time closing highs on Friday as a spike in oil prices supported energy shares and investors renewed their optimism about President Donald Trump's economic agenda. The Dow Jones Industrial Average rose 0.48 percent, to end at 20,269.37, the S&P 500 gained 0.36 percent, to 2,316.10 and the Nasdaq Composite added 0.33 percent, to 5,734.13. Activision Blizzard rose 18.9 percent after the videogame publisher reported higher-than-expected revenue and set a $1 billion share buyback program. Skechers USA jumped 19.3 percent after the footwear maker's fourth-quarter revenue beat expectations.

  Bond Markets U.S. Treasury yields edged higher on Friday, boosted by solid monthly import price data as investors acted largely on technical data. Benchmark 10-year Treasury note yields rose to a session high of 2.43 percent after the release of the imports data, which showed prices increased 0.4 percent in January after an upwardly revised 0.5 percent rise in December. The 10-year note was last down 3/32 in price to yield 2.41 percent. The 5-year note yield fell to its lowest level since December, and longer-dated yields hit multi-week lows on Wednesday.

Asian Equity Markets Japan's Nikkei index probed more than one-month highs on Monday, cheered by Wall Street breaking records, a weaker yen and relief that talks between U.S. President Donald Trump and Japan's Prime Minister Shinzo Abe yielded no negative surprises. The Nikkei was up 0.5 percent at 19,483.38 at the end of morning trade, after earlier rising as high as 19,519.44, its highest since Jan. 5. The broader Topix gained 0.6 percent to 1,556.07, while the JPX-Nikkei Index 400 rose 0.7 percent to 13,969.05. MSCI's broadest index of Asia-Pacific stocks outside Japan gained 0.3 percent, led by resource-related stocks. In China, the Shanghai Composite rose 0.66 percent.