CFD Markets News and Forecasts — 14-06-2017

(raw materials / closing price /% change)

Oil 44.68 -0.11%

Gold 1,262.50 -1.05%

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

Nikkei -15.23 19883.52 -0.08%

TOPIX -1.74 1591.77 -0.11%

Hang Seng +23.80 25875.90 +0.09%

CSI 300 -46.97 3535.30 -1.31%

Euro Stoxx 50 -10.72 3547.15 -0.30%

FTSE 100 -26.04 7474.40 -0.35%

DAX +40.97 12805.95 +0.32%

CAC 40 -18.45 5243.29 -0.35%

DJIA +46.09 21374.56 +0.22%

S&P 500 -2.43 2437.92 -0.10%

NASDAQ -25.48 6194.89 -0.41%

S&P/TSX -209.62 15170.13 -1.36%

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

EUR/USD $1,1216 +0,07%

GBP/USD $1,2746 -0,03%

USD/CHF Chf0,9709 +0,24%

USD/JPY Y109,66 -0,37%

EUR/JPY Y123,01 -0,28%

GBP/JPY Y139,77 -0,40%

AUD/USD $0,7584 +0,67%

NZD/USD $0,7256 +0,61%

USD/CAD C$1,3244 +0,04%

01:00 Australia Consumer Inflation Expectation June 4.0%

01:30 Australia RBA Bulletin

01:30 Australia Unemployment rate May 5.7% 5.7%

01:30 Australia Changing the number of employed May 37.4 10

04:30 Switzerland SNB Financial Stability Report

06:45 France CPI, m/m (Finally) May 0.1% 0.1%

06:45 France CPI, y/y (Finally) May 1.2% 0.8%

07:15 Switzerland Producer & Import Prices, m/m May -0.2% -0.1%

07:15 Switzerland Producer & Import Prices, y/y May 0.8% 0.2%

07:30 Switzerland SNB Interest Rate Decision -0.75% -0.75%

07:30 Switzerland SNB Press Conference

07:40 Australia RBA Assist Gov Debelle Speaks

08:30 United Kingdom Retail Sales (MoM) May 2.3% -0.8%

08:30 United Kingdom Retail Sales (YoY) May 4% 1.7%

09:00 Eurozone Trade balance unadjusted April 30.9 27.2

11:00 United Kingdom Asset Purchase Facility 435 435

11:00 United Kingdom Bank of England Minutes

11:00 United Kingdom BoE Interest Rate Decision 0.25% 0.25%

12:30 Canada Manufacturing Shipments (MoM) April 1% 0.7%

12:30 U.S. Continuing Jobless Claims 1917 1923

12:30 U.S. Philadelphia Fed Manufacturing Survey June 38.8 24

12:30 U.S. Initial Jobless Claims 245 242

12:30 U.S. NY Fed Empire State manufacturing index June -1 4

12:30 U.S. Import Price Index May 0.5% -0.1%

13:15 U.S. Capacity Utilization May 76.7% 76.7%

13:15 U.S. Industrial Production YoY May 2.2%

13:15 U.S. Industrial Production (MoM) May 1% 0.2%

14:00 U.S. NAHB Housing Market Index June 70 70

20:00 U.S. Net Long-term TIC Flows April 59.8 37.3

20:00 U.S. Total Net TIC Flows April -0.7

22:30 New Zealand Business NZ PMI May 56.8

Major US stock indexes finished trading in different directions, as a combination of weak data affected the shares of financial sector companies, and a strong fall in oil prices put pressure on the main materials sector. In addition, the focus of investors were the results of the June meeting of the Fed.

As it became known today, in May, US retailers reported the largest decrease in sales for 16 months, mainly due to lower prices for gasoline and a reduction in the number of Americans buying new cars and trucks. Sales of retailers throughout the country fell by 0.3% last month, which was the biggest drop since January 2016. The May report on sales as a whole was weak in all directions. Economists forecast sales growth of 0.1% in May.

In addition, consumer prices slightly decreased in May, which indicates that inflationary pressures remain muted. The consumer price index, which measures what Americans pay for everything from dog food to doctors' visits, decreased by 0.1% in seasonally adjusted terms in May compared to the previous month, the Labor Ministry said on Wednesday. Excluding the often unstable categories of food and energy, so-called base prices, rose 0.1% since April. Economists had expected general prices to grow by 0.15 per month, and the basic prices would grow by 0.2% per month.

As for the Fed meeting, as expected, the Central Bank raised its interest rates to the range of 1% -1.25%. In addition, the Central Bank planned to reduce its balance of $ 4.5 trillion. Later this year .. Meanwhile, the expectations of central bank executives on interest rates have changed insignificantly. According to the Fed's mid-term forecast, the target level of the key interest rate remained at 1.4% in 2017, while the target level for 2018 also remained unchanged, at 2.1%. According to longer-term forecasts, the key interest rate should reach 3% in the future.

Components of the DOW index closed multidirectionally (18 in positive territory, 12 in negative territory). Chevron Corporation shares fell the most (CVX, -1.51%). The growth leader was the shares of The Home Depot, Inc. (HD, + 1.83%).

Most sectors of the S & P index showed a decline. Most fell the sector of main materials (-1.9%). The leader of growth was the healthcare sector (+ 0.4%).

At closing:

DJIA + 0.22% 21,374.56 +46.09

Nasdaq -0.41% 6,194.89 -25.48

S & P -0.10% 2,437.92 -2.43

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.7 million barrels from the previous week. At 511.5 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 2.1 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 0.3 million barrels last week and are near the upper limit of the average range for this time of year. Propane/propylene inventories increased by 2.4 million barrels last week but are in the lower half of the average range. Total commercial petroleum inventories increased by 6.8 million barrels last week.

Manufacturers and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,854.2 billion, down 0.2 percent from March 2017, but were up 2.3 percent (±0.4 percent) from April 2016.

The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.37. The April 2016 ratio was 1.42.

EURUSD: 1.1100 (EUR 877m) 1.1150 (500m) 1.1200-10 (3.15bln) 1.1250-60 (1.7bln) 1.1270-80 (530m)

USDJPY: 109.00 (USD 250m) 109.80 (335m) 110.00-10 (640m) 111.00 (395m) 111.50 (335m)

GBPUSD: 1.2700 (GBP 462m) 1.2890-00 (595m)

EURGBP: 0.8640-50 (EUR 330m) 0.8670 (350m) 0.8750 (402m)

USDCAD: 1.3265 (USD 195m)

AUDUSD: 0.7500 (AUD 655m) 0.7550-55 (430m)

U.S. stock-index futures advanced, as investors awaited the outcomes of the Fed's June meeting and analyzed several important economic reports, including the May data on the CPI and retail sales in the U.S.

Stocks:

Nikkei 19,883.52 -15.23 -0.08%

Hang Seng 25,875.90 +23.80 +0.09%

Shanghai 3,130.44 -23.30 -0.74%

S&P/ASX 5,833.90 +61.14 +1.06%

FTSE 7,538.52 +38.08 +0.51%

CAC 5,293.36 +31.62 +0.60%

DAX 12,899.86 +134.88 +1.06%

Crude $446.08 (-0.82%)

Gold $1,272.40 (-0.30%)

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

Starbucks (SBUX) downgraded to Neutral from Outperform at Wedbush

Advance estimates of U.S. retail and food services sales for May 2017, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $473.8 billion, a decrease of 0.3 percent from the previous month, and 3.8 percent above May 2016. Total sales for the March 2017 through May 2017 period were up 4.4 percent from the same period a year ago.

The March 2017 to April 2017 percent change was unrevised at 0.4 percent. Retail trade sales were down 0.3 percent from April 2017, and up 4.0 percent (±0.7 percent) from last year. Building Material and Garden Equipment and Supplies Dealers were up 10.8 percent from May 2016, while Nonstore Retailers were up 10.2 percent from last year.

The Consumer Price Index for decreased 0.1 percent in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 1.9 percent.

A decrease in the energy index was the main contributor to the monthly decrease in the all items index. The energy index fell 2.7 percent, led by a decline of 6.4 percent in the gasoline index. The food index rose 0.2 percent, due to increases in four of the six major grocery store food group indexes.

The index for all items less food and energy rose 0.1 percent in May, as it did in April. The shelter index increased 0.2 percent over the month. However, many indexes declined in May, including those for apparel, airline fares, communication, and medical care services.

EUR/USD

Offers: 1.1230 1.1250 1.1270 1.1285 1.1300

Ордера на покупку: 1.1200 1.1180 1.1165 1.1150 1.1120 1.1100

GBP/USD

Offers: 1.2800 1.2830 1.2850 1.2880 1.2900

Bids: 1.2750 1.2720 1.2700 1.2680 1.2650 1.2630 1.2600-10

EUR/JPY

Offers: 123.80 124.00 124.50 124.80 125.00

Bids: 123.30 123.00 122.80 122.50 122.30 122.00

EUR/GBP

Offers: 0.8820-25 0.8850-55 0.8885 0.8900

Bids: 0.8750 0.8730 0.8700 0.8685 0.8650

USD/JPY

Offers: 110.30 110.50 110.80 111.00 111.30 111.50 111.80 112.00

Bids: 110.00 109.80-85 109.65 109.50 109.35 109.20 109.00

AUD/USD

Offers: 0.7580-85 0.7600 0.7630 0.7650

Bids: 0.7550 0.7530 0.7500-05 0.7480-85 0.7465 0.7450

In April 2017 compared with March 2017, seasonally adjusted industrial production rose by 0.5% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March 2017 industrial production rose by 0.2% in euro area and by 0.3% in the EU28. In April 2017 compared with April 2016, industrial production increased by 1.4% in both the euro area and the EU28.

The increase of 0.5% in industrial production in the euro area in April 2017, compared with March 2017, is due to production of energy rising by 4.7%, durable consumer goods by 0.6%, non-durable consumer goods by 0.2% and intermediate goods by 0.1%, while production of capital goods fell by 0.7%. In the EU28, the increase of 0.2% is due to production of energy rising by 3.6% and non-durable consumer goods by 0.2%, while production of durable consumer goods fell by 0.1% and capital goods by 0.8%. Production of intermediate goods remained stable.

The number of persons employed increased by 0.4% in both the euro area (EA19) and in the EU28 in the first quarter of 2017 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2016, employment increased also by 0.4% in both areas. These figures are seasonally adjusted. Compared with the same quarter of the previous year, employment increased by 1.5% in the euro area and by 1.4% in the EU28 in the first quarter of 2017 (after +1.4% and +1.1% respectively in the fourth quarter of 2016). Eurostat estimates that, in the first quarter of 2017, 234.2 million men and women were employed in the EU28, of which 154.8 million were in the euro area, highest levels ever recorded in both areas. These figures are seasonally adjusted. These quarterly data on employment provide a picture of labour input consistent with the output and income measure of national accounts.

Latest estimates show that average weekly earnings for employees in Great Britain in nominal terms (that is, not adjusted for price inflation) increased by 2.1% including bonuses, and by 1.7% excluding bonuses, compared with a year earlier.

Latest estimates show that average weekly earnings for employees in Great Britain in real terms (that is, adjusted for price inflation) fell by 0.4% including bonuses, and fell by 0.6% excluding bonuses, compared with a year earlier.

Estimates from the Labour Force Survey show that, between November 2016 to January 2017 and February to April 2017, the number of people in work increased, the number of unemployed people fell, and the number of people aged from 16 to 64 not working and not seeking or available to work (economically inactive) also fell.

There were 31.95 million people in work, 109,000 more than for November 2016 to January 2017 and 372,000 more than for a year earlier.

The employment rate (the proportion of people aged from 16 to 64 who were in work) was 74.8%, the joint highest since comparable records began in 1971.

There were 1.53 million unemployed people (people not in work but seeking and available to work), 50,000 fewer than for November 2016 to January 2017 and 145,000 fewer than for a year earlier.

The unemployment rate (the proportion of those in work plus those unemployed, that were unemployed) was 4.6%, down from 5.0% for a year earlier and the joint lowest since 1975.

EURUSD: 1.1100 (EUR 877m) 1.1150 (500m) 1.1200-10 (3.15bln) 1.1250-60 (1.7bln) 1.1270-80 (530m)

USDJPY: 109.00 (USD 250m) 109.80 (335m) 110.00-10 (640m) 111.00 (395m) 111.50 (335m)

GBPUSD: 1.2700 (GBP 462m) 1.2890-00 (595m)

EURGBP: 0.8640-50 (EUR 330m) 0.8670 (350m) 0.8750 (402m)

USDCAD: 1.3265 (USD 195m)

AUDUSD: 0.7500 (AUD 655m) 0.7550-55 (430m)

China's industrial production and retail sales increased at a steady pace in May, while property investment growth softened signaling a slowdown in overall activity in the second quarter, says rttnews.

The annual growth in industrial production held steady at 6.5 percent, data from the National Bureau of Statistics showed Wednesday. Output was forecast to expand 6.4 percent.

Retail sales grew 10.7 percent year-on-year in May, the same pace of growth as seen in April and in line with economists' expectations.

During January to May, fixed asset investment increased 8.6 percent from the same period of the previous year, which was slower than the 8.8 percent growth economists had forecast and the 8.9 percent rise logged during the January to April period.

New Zealand's seasonally adjusted current account balance was a $2,836 million deficit in the March 2017 quarter ($1,143 million larger than the December 2016 quarter's deficit).

The goods deficit increased by $404 million to reach $1,199 million.

The services surplus decreased by $180 million to reach $1,001 million.

The primary income deficit increased by $222 million to reach $2,302 million.

For the year ended March 2017, the current account deficit was $8.1 billion (3.1 percent of GDP; it was 3.1 percent of GDP for the March 2016 year).

New Zealand's net international liability position was $154.8 billion (58.5 percent of GDP) at 31 March 2017, down from a revised $157.5 billion (60.4 percent of GDP) at 31 December 2016.

New Zealand's external debt position was $144.9 billion (54.7 percent of GDP) at 31 March 2017, compared to $144.1 billion (55.3 percent of GDP) at 31 December 2016

Consumer prices in Germany were 1.5% higher in May 2017 than in May 2016. The inflation rate - measured by the consumer price index - thus decreased, following an increase in the previous month (April 2017: +2.0%, March 2017: +1.6%). Compared with April 2017, the consumer price index fell by 0.2% in May 2017. The Federal Statistical Office (Destatis) thus confirms its provisional overall results of 30 May 2017.

Energy prices were up 2.0% in May 2017 compared with a year earlier (April and March 2017: +5.1% each). The impact of the energy price development on the inflation rate diminished markedly. In May 2017, especially mineral oil products were more expensive than a year earlier (+5.8%, of which heating oil: +11.7%; motor fuels: +4.4%). The year-on-year rates of price increase showed diverging trends for the other energy products. Electricity prices, for example, were up by 1.2%, while gas prices were down by 3.4%. Excluding energy (total), the inflation rate in May 2017 was +1.4%.

EUR/USD

Resistance levels (open interest**, contracts)

$1.1305 (5385)

$1.1265 (4192)

$1.1240 (5428)

Price at time of writing this review: $1.1214

Support levels (open interest**, contracts):

$1.1146 (3165)

$1.1098 (3138)

$1.1040 (1927)

Comments:

- Overall open interest on the CALL options with the expiration date July, 7 is 81815 contracts, with the maximum number of contracts with strike price $1,1000 (5894);

- Overall open interest on the PUT options with the expiration date July, 7 is 108710 contracts, with the maximum number of contracts with strike price $1,0700 (5437);

- The ratio of PUT/CALL was 1.33 versus 1.33 from the previous trading day according to data from June, 13

GBP/USD

Resistance levels (open interest**, contracts)

$1.3005 (3802)

$1.2911 (2807)

$1.2819 (1949)

Price at time of writing this review: $1.2745

Support levels (open interest**, contracts):

$1.2598 (1821)

$1.2499 (2489)

$1.2399 (1445)

Comments:

- Overall open interest on the CALL options with the expiration date July, 7 is 39107 contracts, with the maximum number of contracts with strike price $1,3000 (3802);

- Overall open interest on the PUT options with the expiration date July, 7 is 51879 contracts, with the maximum number of contracts with strike price $1,2700 (7028);

- The ratio of PUT/CALL was 1.33 versus 1.33 from the previous trading day according to data from June, 13

* - 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 finished higher Tuesday, with technology shares in recovery mode after a selloff in the previous session led the market to its biggest loss in nearly a month.

Stock markets extended their gains in Asia early Wednesday, as global technology shares staged a recovery ahead of the U.S. Federal Reserve's decision on interest rates.

The Dow and the S&P 500 closed at records Tuesday as technology shares rebounded following a two-day decline. But the market's focus was on the Federal Reserve's two-day monetary policy meeting and Attorney General Jeff Sessions' testimony before the Senate Intelligence Committee.