CFD Markets News and Forecasts — 07-06-2017

(raw materials / closing price /% change)

Oil 45.78 +0.13%

Gold 1,289.50 -0.29%

(index / closing price / change items /% change)

Nikkei +4.72 19984.62 +0.02%

TOPIX +0.65 1597.09 +0.04%

Hang Seng -22.98 25974.16 -0.09%

CSI 300 +40.99 3533.87 +1.17%

Euro Stoxx 50 -5.34 3548.84 -0.15%

FTSE 100 -46.33 7478.62 -0.62%

DAX -17.63 12672.49 -0.14%

CAC 40 -3.69 5265.53 -0.07%

DJIA +37.46 21173.69 +0.18%

S&P 500 +3.81 2433.14 +0.16%

NASDAQ +22.32 6297.38 +0.36%

S&P/TSX -92.42 15372.14 -0.60%

(pare/closed(GMT +2)/change, %)

EUR/USD $1,1258 -0,17%

GBP/USD $1,2958 +0,41%

USD/CHF Chf0,9645 +0,29%

USD/JPY Y109,78 +0,38%

EUR/JPY Y123,60 +0,22%

GBP/JPY Y142,25 +0,79%

AUD/USD $0,7549 +0,57%

NZD/USD $0,7194 +0,21%

USD/CAD C$1,3505 +0,40%

00:01 United Kingdom Parliamentary Elections

01:30 Australia Trade Balance April 3.11 1.9

02:00 China Trade Balance, bln May 38.05 46.32

05:00 Japan Eco Watchers Survey: Current May 48.1 48.6

05:00 Japan Eco Watchers Survey: Outlook May 48.8

05:45 Switzerland Unemployment Rate (non s.a.) May 3.3% 3.1%

06:00 Germany Industrial Production s.a. (MoM) April -0.4% 0.5%

06:45 France Trade Balance, bln April -5.4 -6

07:15 Switzerland Consumer Price Index (MoM) May 0.2% 0.1%

07:15 Switzerland Consumer Price Index (YoY) May 0.4% 0.3%

09:00 Eurozone GDP (YoY) (Finally) Quarter I 1.8%

09:00 Eurozone GDP (QoQ) (Finally) Quarter I 0.5% 0.5%

11:45 Eurozone Deposit Facilty Rate -0.4% -0.4%

11:45 Eurozone ECB Interest Rate Decision 0% 0%

12:15 Canada Housing Starts May 214.1 205

12:30 Eurozone ECB Press Conference

12:30 Canada New Housing Price Index, MoM April 0.2% 0.3%

12:30 U.S. Continuing Jobless Claims 1915 1920

12:30 U.S. Initial Jobless Claims 248 240

14:30 Canada Bank of Canada publishes financial system review

15:15 Canada BOC Gov Stephen Poloz Speaks

Major US stock markets closed with a slight increase against the backdrop of a collapse in oil prices and investor caution ahead of key political and economic developments on Thursday.

The elections in the UK, the meeting of the European Central Bank and the testimony of the former director of the FBI Komi before the Senate group are on the market radar.

Komi's first public appearance since his dismissal by US President Donald Trump is expected to shed more light on the FBI investigation into alleged Russian interference in the US presidential election last year. However, the testimony may also damage the reputation of the Trump administration and undermine its chances of passing through Congress any of the reforms it promised.

Oil prices fell by more than 4%, which was due to the publication of data from the Ministry of Energy of the US, which indicated an unexpected increase in oil reserves. Also, concerns about the efficiency of production cuts in the OPEC deal are also putting pressure on quotes due to the growing tension in relations with Qatar and the growth of oil production by the US.

Most components of the DOW index recorded a rise (18 out of 30). Leader of the growth were shares of NIKE, Inc. (NKE, + 1.56%). Most fell shares of The Coca-Cola Company (KO, -0.97%).

Most sectors of the S & P index finished trading in positive territory. The leader of growth was the financial sector (+ 0.7%). Most fell sectors of main materials (-1.4%).

At closing:

DJIA + 0.18% 21,173.35 +37.12

Nasdaq + 0.36% 6.297.38 +22.32

S & P + 0.16% 2.433.10 +3.77

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.3 million barrels from the previous week. At 513.2 million barrels, U.S. crude oil inventories are in the upper half of the average range for this time of year.

Total motor gasoline inventories increased by 3.3 million barrels last week, and are above the upper limit of the average range. Both finished gasoline inventories and blending components inventories increased last week. Distillate fuel inventories increased by 4.4 million barrels last week and are near the upper limit of the average range for this time of year. Propane/propylene inventories increased by 3.3 million barrels last week but are in the lower half of the average range. Total commercial petroleum inventories increased by 15.5 million barrels last week.

EURUSD: 1.1160 (EUR 615m) 1.1190 (502m) 1.1200 (2.83bln ) 1.1245-55 (836m) 1.1300 (504m) 1.1310 (400m) 1.1340-50 (658m) 1.1400 (450m)

USDJPY: 109.20-30 (USD 554m) 109.40 (406m) 109.90 (346m) 110.00-10 (1.43bln) 110.20 (455m) 110.40 (236m) 110.70 (323m) 111.00 (800m)

GBPUSD: 1.2935-45 (GBP 321m)

AUDUSD: 0.7420-25 (AUD 210m) 0.7450-60 (210m) 0.7500 (387m)

USDCAD: 1.3400 (USD 382m) 1.3470-75 (415m)

NZDUSD: 0.7165 (NZD 237m)

EURJPY: 122.60 (EUR 200m)

U.S. stock-index futures were flat as investors remained cautious ahead of several notable events on Thursday, including the general election in the UK, the ECB's meeting, and former FBI director James Comey's testimony before the Senate Intelligence Committee.

Stocks:

Nikkei 19,984.62 +4.72 +0.02%

Hang Seng 25,974.16 -22.98 -0.09%

Shanghai 3,140.53 38.40 +1.24%

S&P/ASX 5,667.17 -0.302 -0.01%

FTSE 7,511.77 -13.18 -0.18%

CAC 5,315.37 +46.15 +0.88%

DAX 12,730.63 +40.51 +0.32%

Crude $47.68 (-1.06%)

Gold по $1,294.20 (-0.25%)

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

UnitedHealth (UNH) initiated with an Overweight at Morgan Stanley

Apple (AAPL) target raised to $175 from $160 at Argus

Coca-Cola (KO) downgraded to Market Perform from Outperform at BMO Capital

Canadian municipalities issued $7.1 billion worth of building permits in April, down 0.2% from March. Lower construction intentions for single-family dwellings were mainly responsible for the national decrease. The value of building permits declined in four provinces in April, led by Ontario and Alberta.

The value of residential building permits issued by Canadian municipalities fell 2.5% in April to $4.5 billion, marking a third consecutive monthly decrease. Lower construction intentions for single-family dwellings more than offset a moderate gain in the multi-family component. In April, three provinces posted declines in the residential sector, led by Ontario.

Construction intentions for single-family dwellings fell 8.1% in April to $2.5 billion. The decrease stemmed primarily from single-detached homes in Ontario, specifically the Toronto census metropolitan area (CMA), while five other provinces also reported declines in the single-family building component.

EUR/USD

Offers: 1.1280-85 1.1300 1.1320 1.1335 1.1350 1.1380 1.1400

Bids: 1.1225-30 1.1200 1.1180 1.1150 1.1120 1 .1100

GBP/USD

Offers: 1.2930 1.2950 1.2985 1.3000 1.3020 1.3050 1.3080 1.3100

Bids: 1.2880-85 1.2850 1.2830 1.2800 1.2785 1.2750 1.2700

EUR/JPY

Offers: 123.50 123.80 124.00 124.50 124.80 125.00

Bids: 122.80 122.50 122.30 122.00 121.85 121.65 121.50

EUR/GBP

Offers: 0.8750 0.8765 0.8785 0.8800 0.8830 0.8850

Bids: 0.8720 0.8700 0.8685 0.8665 0.8650 0.8635 0.8600

USD/JPY

Offers: 109.50 109.65 109.85 110.00 110.20 110.50

Bids: 109.20 109.00 108.80 108.50 108.00

AUD/USD

Offers: 0.7565 0.7580 0.7600 0.7630 0.7650

Bids: 0.7530 0.7500 0.7480-85 0.7465 0.7450

• Need to ensure whether or not the unusually low momentum in inflation reading for april will endure

• Policy interventions, including access to open trade, may be envisaged to arrest slump in prices

• Cuts statutory liquidity ratio of banks by 50 bps to 20 pct of total deposits, effective fortnight starting june 24

• Says implementation of gst not expected to have material impact on overall inflation

• Projection of real gva growth for 2017/18 revised 10 bps downwards

• Minimum original maturity for masala bonds worth up to $50 mln per year should be 3 yrs, those above $50 mln per year should be 5 yrs

In April 2017 the value of retail trade decreased by 0.1% compared with March 2017 (+0.4% for food goods and -0.4% for non-food goods) and increased by 1.2 compared with April 2016 (+4.1% for food goods and -0.7% for non-food goods). Abstracting from the short-term variability, the underlying pattern in the data, as suggested by the 3 months on 3 months movement, increased by 0.5%.

The volume of retail trade in April 2017 is estimated to have increased by 0.3% compared with April 2016 while the seasonally adjusted volume index shows there was no growth when compared to the previous month.

Total sales for large scale distribution through April 2017 were up to 4.3% from the same period a year earlier, while the index for small scale distribution decreased by 1.7%

House prices in the three months to May were 3.3% higher than in the same period of 2016.

Prices in the three months to May were 0.2% lower than in the preceding quarter.

Martin Ellis, Halifax housing economist, said: "After reaching a recent peak of 10% in March 2016, the annual house price growth has since fallen to 3.3% in May. "House prices have again fallen over the past three months. Overall, prices in the three months to May were -0.2% lower than in the preceding three months; the same rate as in April. "The fact that the supply of new homes and existing properties available for sale remains low, combined with historically low mortgage rates and a high employment rate, is likely to support house price levels over the coming months."

EURUSD: 1.1160 (EUR 615m) 1.1190 (502m) 1.1200 (2.83bln ) 1.1245-55 (836m) 1.1300 (504m) 1.1310 (400m) 1.1340-50 (658m) 1.1400 (450m)

USDJPY: 109.20-30 (USD 554m) 109.40 (406m) 109.90 (346m) 110.00-10 (1.43bln) 110.20 (455m) 110.40 (236m) 110.70 (323m) 111.00 (800m)

GBPUSD: 1.2935-45 (GBP 321m)

AUDUSD: 0.7420-25 (AUD 210m) 0.7450-60 (210m) 0.7500 (387m)

USDCAD: 1.3400 (USD 382m) 1.3470-75 (415m)

NZDUSD: 0.7165 (NZD 237m)

EURJPY 122.60 (EUR 200m)

Информационно-аналитический отдел TeleTrade

The volume of meat and dairy product manufacturing fell in the March 2017 quarter, although sales values rose due to higher prices, Stats NZ said today.

After adjusting for seasonal effects and removing price changes, meat and dairy product manufacturing volumes fell 7.8 percent.

"The fall in meat and dairy sales volumes followed a similar fall in the previous quarter," business indicators manager Craig Liken said. "In contrast, sales values were up $77 million, mainly reflecting a rise in dairy product prices."

Overseas Trade Indexes reported export dairy volumes fell 11 percent in the March 2017 quarter, while meat export volumes rose 3.2 percent.

Data from the Australian Bureau of Statistics (ABS) shows the pace of growth of the Australian economy slowed in the March quarter to 0.3 per cent in seasonally adjusted chain volume terms. Through the year, GDP grew 1.7 per cent.

Growth was recorded across the economy with 17 out of 20 industries growing during the quarter. Strong growth was observed within the service industries including Finance and Insurance Services, Wholesale Trade, and Health Care and Social Assistance.

Agriculture, Forestry and Fishing decreased after strong growth in the previous two quarters, while Manufacturing decreased for the tenth time in eleven quarters.

Chief Economist for the ABS, Bruce Hockman said; "This broad-based growth was tempered by falls in exports and dwelling investment. Dwelling investment declined in all states, except Victoria, and overall is the largest decline for Australia since June 2009."

Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in April 2017 a seasonally and working-day adjusted 2.1% on March 2017. For March 2017, revision of the preliminary outcome resulted in an increase of 1.1% compared with February 2017 (primary +1.0%). In April 2017, price-adjusted new orders without major orders in manufacturing remained unchanged seasonally and working-day adjusted compared with March 2017.

In April 2017, domestic orders decreased by 0.2% and foreign orders decreased by 3.4% on the previous month. New orders from the euro area were down 1.4% on the previous month, new orders from other countries decreased 4.8% compared to March 2017.

EUR/USD

Resistance levels (open interest**, contracts)

$1.1371 (3530)

$1.1338 (6075)

$1.1313 (4162)

Price at time of writing this review: $1.1264

Support levels (open interest**, contracts):

$1.1237 (1702)

$1.1212 (2347)

$1.1179 (3669)

Comments:

- Overall open interest on the CALL options with the expiration date June, 9 is 82909 contracts, with the maximum number of contracts with strike price $1,1300 (6075);

- Overall open interest on the PUT options with the expiration date June, 9 is 107709 contracts, with the maximum number of contracts with strike price $1,0700 (5456);

- The ratio of PUT/CALL was 1.30 versus 1.29 from the previous trading day according to data from June, 6

GBP/USD

Resistance levels (open interest**, contracts)

$1.3200 (2742)

$1.3101 (2832)

$1.3004 (4371)

Price at time of writing this review: $1.2905

Support levels (open interest**, contracts):

$1.2793 (2581)

$1.2695 (6616)

$1.2597 (1620)

Comments:

- Overall open interest on the CALL options with the expiration date June, 9 is 39320 contracts, with the maximum number of contracts with strike price $1,3000 (4371);

- Overall open interest on the PUT options with the expiration date June, 9 is 46768 contracts, with the maximum number of contracts with strike price $1,2700 (6616);

- The ratio of PUT/CALL was 1.19 versus 1.06 from the previous trading day according to data from June, 6

* - 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.

European stocks closed lower on Tuesday, as investors erred on the side of caution ahead of potentially market-moving events later this week, including the U.K.'s general election and a European Central Bank meeting.

U.S. stocks fell for a second session on Tuesday as market sentiment turned jittery ahead of a U.K. general election and uncertainties associated with former Federal Bureau of Investigation boss James Comey's testimony to the Senate later this week.

Asian equity markets lacked direction early Wednesday, as investors retreated to the sidelines ahead of bellwether global events this week. The planned public testimony by former FBI Director James Comey on Thursday continued to stoke concerns about U.S. political instability. Additionally, investors' showed their nerves ahead of a European Central Bank policy meeting and the U.K. general election, both scheduled for Thursday.