CFD Markets News and Forecasts — 03-07-2017

ATTENTION: The content in the news and analytics feed is updated automatically, and reloading the page may slow down the process of new content appearing. We recommend that you keep your news feed open at all times to receive materials quickly.
Filter by currency
03.07.2017
22:16
New Zealand: NZIER Business Confidence, Quarter II 18%
19:31
U.S.: Total Vehicle Sales, mln, June 16.51 (forecast 16.7)
17:20
Major US stock indexes completed the session in different directions

Major US stock indices showed mixed dynamics, as sales of shares in the technology sector were sent to the minus the Nasdaq index, but had a limited impact on the broader market. At the same time, the rally in the banking sector pushed the Dow Jones Industrial Average to new records.

Today's session was shortened on the occasion of tomorrow's Independence Day holiday.

Investors also reacted positively to the report of the Institute for Supply Management (ISM), which showed that activity in the US manufacturing sector increased significantly in June, surpassing the average forecasts, and reaching the highest level since August 2014. According to the report, the PMI index for the manufacturing sector was 57.8 points in June against 54.9 points in May. Analysts had expected that this figure will grow only to 55.1 points. Recall, the value of the ISM index, exceeding 50, is usually considered as an indicator of growth in production activity, and less than 50, respectively, the fall.

Meanwhile, the final data presented by Markit Economics showed: with seasonal fluctuations, the manufacturing PMI index for the US fell to 52.0 points in June from 52.7 points in May. The latter value was lower than the preliminary estimate (52.1 points) and worse than the experts' forecasts (52.1 points).

In addition, the US Department of Commerce said that construction costs unexpectedly remained at the same level in May, but federal government spending on construction projects was the highest for more than four years. According to the data, construction costs remained unchanged in May, at $ 1.23 trillion. Meanwhile, expenses for April were revised towards improvement - to -0.7 percent from -1.4 percent. Economists forecast an increase of 0.3 percent. Compared with May 2016, construction spending increased by 4.5 percent.

Most components of the DOW index recorded a rise (20 out of 30). The leader of growth was the shares of The Goldman Sachs Group, Inc. (GS, + 2.42%). Most fell shares of Microsoft Corporation (MSFT, -1.10%).

Most sectors of S & P completed the auction in positive territory. The leader of growth was the base resources sector (+ 1.3%). Most fell the technological sector (-0.7%).

At closing:

DJIA + 0.61% 21.479.27 +129.64

Nasdaq -0.49% 6,110.06 -30.36

S & P + 0.23% 2.429.01 +5.60

16:04
Wall Street. Major U.S. stock-indexes mixed

Major U.S. stock-indexes were mixed, as a selloff in the technology sector pushed the tech-heavy Nasdaq into the negative territory but had a limited impact on the broader market. Moreover, a rally in banks took the Dow Jones Industrial Average to a record high. Investors' optimism was also bolstered by the ISM's report, which showed the U.S. factory activity rose to a three-year high in June.


Most of Dow stocks in positive area (22 of 30). Top gainer - The Goldman Sachs Group, Inc. (GS, +3.00%). Top loser - Wal-Mart Stores, Inc. (WMT, -0.61%).

A majority of S&P sectors in positive area. Top gainer - Financials (+1.50%). Top loser - Conglomerates (-0.45%).

At the moment:

Dow 21488.00 +188.00 +0.88%

S&P 500 2434.00 +13.00 +0.54%

Nasdaq 100 5623.75 -29.00 -0.51%

Crude Oil 46.84 +0.80 +1.74%

Gold 1222.20 -20.10 -1.62%

U.S. 10yr 2.35 +0.05

16:00
European stocks closed: FTSE 100 +64.37 7377.09 +0.88% DAX +150.19 12475.31 +1.22% CAC 40 +75.04 5195.72 +1.47%
14:34
U.S. 2-year treasury yields touch more than 8-year high of 1.41 pct after stronger-than-expected U.S. June ISM manufacturing PMI data
14:13
US manufacturing ISM rose more than expected in June

The report was issued today by Timothy R. Fiore, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee:

"The June PMI registered 57.8 percent, an increase of 2.9 percentage points from the May reading of 54.9 percent. The New Orders Index registered 63.5 percent, an increase of 4 percentage points from the May reading of 59.5 percent. The Production Index registered 62.4 percent, a 5.3 percentage point increase compared to the May reading of 57.1 percent.

The Employment Index registered 57.2 percent, an increase of 3.7 percentage points from the May reading of 53.5 percent. The Supplier Deliveries index registered 57 percent, a 3.9 percentage point increase from the May reading of 53.1 percent. The Inventories Index registered 49 percent, a decrease of 2.5 percentage points from the May reading of 51.5 percent".

14:00
U.S.: Construction Spending, m/m, May 0% (forecast 0.2%)
14:00
U.S.: ISM Manufacturing, June 57.8 (forecast 55.1)
13:47
June data pointed to a relatively subdued month for the U.S. manufacturing sector - Markit

June data pointed to a relatively subdued month for the U.S. manufacturing sector, with output, new order and employment growth all slowing since May. At the same time, survey respondents signalled resilient confidence towards the year ahead outlook, with optimism up to its strongest level since February. Meanwhile, cost pressures were the weakest recorded for 15 months, which resulted in the slowest pace of factory gate price inflation since late-2016.

The seasonally adjusted IHS Markit final US Manufacturing Purchasing Managers' Index (PMI) registered 52.0 in June, down from 52.7 during May, to signal the least marked improvement in overall business conditions since September 2016. Slower rates of output and new business growth were the main factors weighing on the headline PMI in June, which more than offset a stronger contribution from the stocks of purchases component.

13:45
U.S.: Manufacturing PMI, June 52 (forecast 52.1)
13:40
Option expiries for today's 10:00 ET NY cut

EURUSD: 1.3000 (EUR 530m) 1.1325 (320m) 1.1370 (225m) 1.1400 (445m)

USDJPY: 110.90-111.00 (USD 1.4bln) 111.50 (252m) 111.85 (440m) 112.00-10 (600m) 112.40-50 (900m)

GBPUSD: 1.3000 (GBP 522m) 1.3050 (195m)

USDCHF: 0.9690-95 (USD 250m)

AUDUSD: 0.7575 (AUD 290m) 0.7600 (210m)

NZDUSD: 0.7200 (NZD 265m)

13:31
U.S. Stocks open: Dow +0.36%, Nasdaq +0.55%, S&P +0.45%
13:05
Before the bell: S&P futures +0.35%, NASDAQ futures +0.38%

U.S. stock-index futures indicated the equity market would begin the third quarter on a higher note.

Global Stocks:

Nikkei 20,055.80 +22.37 +0.11%

Hang Seng 25,784.17 +19.59 +0.08%

Shanghai 3,194.79 +2.36 +0.07%

S&P/ASX 5,684.49 -37.01 -0.65%

FTSE 7,336.06 +23.34 +0.32%

CAC 5,173.01 +52.33 +1.02%

DAX 12,410.88 +85.76 +0.70%

Crude $46.31 (+0.59%)

Gold $1,231.90 (-0.84%)

12:56
Wall Street. Stocks before the bell

(company / ticker / price / change ($/%) / volume)

3M Co

MMM

210

1.81(0.87%)

200

Amazon.com Inc., NASDAQ

AMZN

971.8

3.80(0.39%)

15159

Apple Inc.

AAPL

144.71

0.69(0.48%)

30642

AT&T Inc

T

37.98

0.25(0.66%)

49468

Barrick Gold Corporation, NYSE

ABX

15.7

-0.21(-1.32%)

12210

Caterpillar Inc

CAT

106.9

-0.56(-0.52%)

9474

Cisco Systems Inc

CSCO

31.41

0.11(0.35%)

2133

Citigroup Inc., NYSE

C

67.13

0.25(0.37%)

20654

Deere & Company, NYSE

DE

124.42

0.83(0.67%)

1332

Exxon Mobil Corp

XOM

80.75

0.02(0.02%)

7783

Facebook, Inc.

FB

151.57

0.59(0.39%)

38913

Ford Motor Co.

F

11.24

0.05(0.45%)

2052

Freeport-McMoRan Copper & Gold Inc., NYSE

FCX

12.05

0.04(0.33%)

2300

General Electric Co

GE

27.11

0.10(0.37%)

1368

Goldman Sachs

GS

223.3

1.40(0.63%)

7447

Google Inc.

GOOG

913.19

4.46(0.49%)

2199

Hewlett-Packard Co.

HPQ

17.5

0.02(0.11%)

2100

Intel Corp

INTC

33.79

0.05(0.15%)

229

International Business Machines Co...

IBM

153.57

-0.26(-0.17%)

3573

Johnson & Johnson

JNJ

133.25

0.96(0.73%)

4754

JPMorgan Chase and Co

JPM

91.4

0.50(0.55%)

6701

McDonald's Corp

MCD

153.15

-0.01(-0.01%)

318

Merck & Co Inc

MRK

64

-0.09(-0.14%)

472

Microsoft Corp

MSFT

69.24

0.31(0.45%)

8968

Nike

NKE

58.65

-0.35(-0.59%)

45762

Pfizer Inc

PFE

33.45

-0.14(-0.42%)

1422

Starbucks Corporation, NASDAQ

SBUX

58.5

0.19(0.33%)

1046

Tesla Motors, Inc., NASDAQ

TSLA

370

8.39(2.32%)

138191

The Coca-Cola Co

KO

45.17

0.32(0.71%)

1656

Twitter, Inc., NYSE

TWTR

18.03

0.16(0.90%)

25210

Verizon Communications Inc

VZ

44.65

-0.01(-0.02%)

36344

Visa

V

93.85

0.07(0.07%)

250

Wal-Mart Stores Inc

WMT

75.95

0.27(0.36%)

430

Walt Disney Co

DIS

106.97

0.72(0.68%)

6148

Yandex N.V., NASDAQ

YNDX

26.1

-0.14(-0.53%)

200

12:26
Romanian Central Bank governor Isarescu says most recent assessment confirms again inflation will continue to rise
10:54
Romanian National Bank left the benchmark rate unchanged at 1.75%

Romania's central bank decided to leave its key rate unchanged, as widely expected, says rttnews.

The Board of the National Bank of Romania decided to leave the benchmark rate unchanged at 1.75 percent.

The minimum reserve requirement ratio on both foreign currency-denominated liabilities of credit institutions and the ratio on the leu-denominated liabilities were maintained at 8 percent.

In May, the bank had lowered the minimum reserve requirement ratio on foreign currency-denominated liabilities from 10 percent.

The bank reiterated that it will to pursue adequate liquidity management in the banking system.

09:59
The euro area (EA19) seasonally-adjusted unemployment rate was 9.3% in May

The euro area (EA19) seasonally-adjusted unemployment rate was 9.3% in May 2017, stable compared to April 2017 and down from 10.2% in May 2016. This remains the lowest rate recorded in the euro area since March 2009. The EU28 unemployment rate was 7.8% in May 2017, stable compared to April 2017 and down from 8.7% in May 2016. This remains the lowest rate recorded in the EU28 since December 2008. These figures are published by Eurostat, the statistical office of the European Union.

Eurostat estimates that 19.115 million men and women in the EU28, of whom 15.034 million in the euro area, were unemployed in May 2017. Compared with April 2017, the number of persons unemployed decreased by 22 000 in the EU28 and by 5 000 in the euro area. Compared with May 2016, unemployment fell by 2.122 million in the EU28 and by 1.428 million in the euro area.

09:00
Eurozone: Unemployment Rate , May 9.3% (forecast 9.2%)
08:56
Sterling dips to day's low of $1.2970 after manufacturing data
08:33
UK manufacturing activity declined more than expected in June

The end of the second quarter saw manufacturers report further expansions of both production and new order volumes. However, rates of increase decelerated, as growth of new business slowed in both the domestic and export markets. Price pressures continued to ease, with rates of inflation in input costs and output charges down further from highs reached at the start of the year.

At 54.3 in June, down from 56.3 in May, the seasonally adjusted IHS Markit/CIPS Purchasing Managers' Index (PMI) posted its lowest reading in three months. However, the average PMI level over the second quarter as a whole (55.9) was the best registered for three years.

08:30
United Kingdom: Purchasing Manager Index Manufacturing , June 54.3 (forecast 56.5)
08:03
The final IHS Markit Eurozone Manufacturing PMI rose to 57.4 in June

The rate of expansion in the eurozone manufacturing sector accelerated to its fastest in over six years in June, reflecting improved performances across Germany, France, Italy, the Netherlands, Ireland, Greece and Austria. Output expanded on the back of rising inflows of new work, encouraging companies to maintain the pace of job creation close to May's 20-year survey record high.

The final IHS Markit Eurozone Manufacturing PMI rose to 57.4 in June, up from 57.0 in May and the earlier flash estimate of 57.3. The PMI has now remained above the neutral 50.0 mark throughout the past four years. Moreover, the average reading during the second quarter (57.0) is the best outcome in over six years (since Q1 2011).

08:02
The German manufacturing sector continued to grow at the strongest rate in over six years - Markit

The German manufacturing sector continued to grow at the strongest rate in over six years mid-way through 2017, according the June PMI survey data from IHS Markit and BME. Overall operating conditions improved at the strongest pace since April 2011. Moreover, the 12-month outlook for production remained strongly positive. Meanwhile, input prices rose at the slowest pace in seven months, albeit one that remained strong overall.

The PMI rose for the sixth time in seven months in June, posting 59.6, up from 59.5 in May. This signalled the strongest overall improvement in manufacturing business conditions in Germany since April 2011. The upward movement in the PMI reflected a faster rise in new orders and a greater lengthening in supplier delivery times, while growth of output and employment remained strong despite easing slightly since May. The current 31-month period of overall growth in the goods-producing sector is the second-longest in the 21-year survey history

08:00
Eurozone: Manufacturing PMI, June 57.4 (forecast 57.3)
07:55
Germany: Manufacturing PMI, June 59.6 (forecast 59.3)
07:50
France: Manufacturing PMI, June 54.8 (forecast 55)
07:36
Major European stock exchanges trading in the green zone: FTSE 7341.96 +29.24 + 0.40%, DAX 12400.87 +75.75 + 0.61%, CAC 5161.46 +40.78 + 0.80%
07:35
The Spanish manufacturing sector completed a strong second quarter

The Spanish manufacturing sector completed a strong second quarter of the year in June, with growth of output, new orders and employment remaining elevated. Higher output requirements led firms to increase their purchasing activity at the strongest pace so far this year.

At 54.7, the headline PMI signalled a marked monthly improvement in business conditions in the Spanish manufacturing sector. The reading was only slightly below that of May (55.4), while the average for the second quarter of the year was broadly in line with the first quarter.

07:31
Switzerland: Retail Sales (MoM), May 0.3%
07:30
Switzerland: Manufacturing PMI, June 60.1
07:15
Switzerland: Retail Sales Y/Y, May -0.3%
06:40
Mixed start of trading expected for the main European stock markets: DAX + 0.6%, CAC 40 + 0.8%, FTSE 100 -0.4%
06:39
EU's Moscovici says has confidence in French govt over taking the necessary economic measures
  • It is out of the question that France would seek a delay to going below 3 pct of public spending target

06:38
CFTC - speculators cut CBOT US treasury bonds futures net long position by 7,049 contracts to 54,582 in week on June 27
06:36
10-year U.S. treasury yield at 2.323 percent vs U.S. close of 2.302 percent on Friday
06:36
White House says Trump reiterated to XI his determination to seek more balanced trade relations with America’s trading partners
  • Trump, Abe reaffirmed that the United States-Japan alliance stands ready to defend and respond to any threat or action taken by North Korea

  • Trump, in call with China's Xi Jinping, "raised the growing threat posed by North Korea's nuclear and ballistic missile programs" and both leaders reaffirmed "their commitment to a denuclearized Korean peninsula"

06:33
The performance of the Japanese manufacturing sector continued to improve during June - Markit

The performance of the Japanese manufacturing sector continued to improve during June, extending the current sequence of expansion to ten months. Growth was supported by ongoing gains in both production and new orders, although in both cases rates of expansion weakened.

The headline Japan Manufacturing Purchasing Managers' IndexTM (PMI) - a composite singlefigure indicator of manufacturing performance - recorded 52.4 during June. That compared to 53.1 in May and, despite falling on the month, represented another solid rate of sector expansion. Operating conditions have improved continuously since September 2016.

06:30
Chinese PMI climbed back into positive territory in June

The PMI climbed back into positive territory in June, with firms noting slightly stronger increases in production and new orders. This prompted companies to increase their purchasing activity, albeit only slightly. However, relatively muted client demand overall led manufacturers to reduce their inventory holdings and trim their workforce numbers again. At the same time, optimism towards the business outlook edged down to its lowest level in 2017 to date.

After declining in the previous month, both input costs and output charges increased at the end of the second quarter. That said, the rates of inflation were much slower than seen at the beginning of the year.

At 50.4 in June, the seasonally adjusted Purchasing Managers' Index - a composite indicator designed to provide a single-figure snapshot of operating conditions in the manufacturing economy - moved back above the 50.0 no-change mark. This was up from 49.6 and signalled an improvement in the health of the sector after a marginal deterioration in May. Operating conditions have now strengthened in nine of the ten past months, though the latest improvement was only slight

05:29
Global Stocks

Germany's DAX 30 joined other European benchmarks in closing lower Friday, with Bayer AG ending a losing month for regional equities by cautioning investors that its profit was under pressure.

U.S. stocks closed modestly higher Friday after trimming gains in the last few minutes of the session. However, steep losses in technology and health-care stocks earlier in the week resulted in poor weekly and mixed monthly performances for all three benchmarks.

Equity markets struggled to find direction in Asia as the second half of the year kicked off, tracking mixed signals from U.S. markets. Market participants were expected to focus more closely on the Chinese bond and currency markets with the launch of a new program allowing global investors to invest in the world's third-largest market for fixed income via Hong Kong.

05:16
Japan: Consumer Confidence, June 43.3
04:32
Options levels on monday, July 3, 2017 EURUSD GBPUSD

EUR/USD

Resistance levels (open interest**, contracts)

$1.1527 (3256)

$1.1499 (2373)

$1.1474 (2229)

Price at time of writing this review: $1.1409

Support levels (open interest**, contracts):

$1.1385 (2810)

$1.1343 (1466)

$1.1297 (1686)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date July, 7 is 75296 contracts (according to data from June, 30) with the maximum number of contracts with strike price $1,1100 (4514);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3131 (2375)

$1.3102 (2028)

$1.3066 (2686)

Price at time of writing this review: $1.2998

Support levels (open interest**, contracts):

$1.2965 (637)

$1.2929 (741)

$1.2888 (2088)

Comments:

- Overall open interest on the CALL options with the expiration date July, 7 is 34620 contracts, with the maximum number of contracts with strike price $1,2950 (2686);

- Overall open interest on the PUT options with the expiration date July, 7 is 33056 contracts, with the maximum number of contracts with strike price $1,2800 (3699);

- The ratio of PUT/CALL was 0.95 versus 0.93 from the previous trading day according to data from June, 30

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.

01:45
China: Markit/Caixin Manufacturing PMI, June 50.4 (forecast 49.5)
01:30
Australia: ANZ Job Advertisements (MoM), June 2.7%
01:30
Australia: Building Permits, m/m, May -5.6% (forecast -2%)
01:16
Australia: MI Inflation Gauge, m/m, June 0.1%
00:30
Japan: Manufacturing PMI, June 52.4

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location