CFD Markets News and Forecasts — 19-06-2017

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

Nikkei +124.49 20067.75 +0.62%

TOPIX +10.03 1606.07 +0.63%

Hang Seng +298.06 25924.55 +1.16%

CSI 300 +34.91 3553.67 +0.99%

Euro Stoxx 50 +35.70 3579.58 +1.01%

FTSE 100 +60.27 7523.81 +0.81%

DAX +136.22 12888.95 +1.07%

CAC 40 +47.41 5310.72 +0.90%

DJIA +144.71 21528.99 +0.68%

S&P 500 +20.31 2453.46 +0.83%

NASDAQ +87.25 6239.01 +1.42%

S&P/TSX +73.50 15266.04 +0.48%

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

EUR/USD $1,1148 -0,42%

GBP/USD $1,2735 -0,31%

USD/CHF Chf0,9754 +0,16%

USD/JPY Y111,56 +0,62%

EUR/JPY Y124,37 +0,22%

GBP/JPY Y142,06 +0,30%

AUD/USD $0,7596 -0,26%

NZD/USD $0,7228 -0,28%

USD/CAD C$1,3219 +0,05%

01:30 Australia House Price Index (QoQ) Quarter I 4.1%

01:30 Australia RBA Meeting's Minutes

05:45 Switzerland SECO Economic Forecasts

06:00 Germany Producer Price Index (MoM) May 0.4% -0.1%

06:00 Germany Producer Price Index (YoY) May 3.4% 2.9%

06:30 Switzerland SNB Chairman Jordan Speaks

07:30 United Kingdom BOE Gov Mark Carney Speaks

08:00 Eurozone Current account, unadjusted, bln April 44.8

08:45 Switzerland SNB Chairman Jordan Speaks

11:45 U.S. FOMC Member Rosengren Speaks

12:00 U.S. FOMC Member Richard Fisher Speaks

12:30 Canada Wholesale Sales, m/m April 0.9%

12:30 U.S. Current account, bln Quarter I -112.4 -125

19:00 U.S. FOMC Member Kaplan Speak

23:50 Japan Monetary Policy Meeting Minutes

Major US stock indices have grown significantly, while the S & P 500 and DJIA have updated record levels against the background of the restoration of shares of technology companies.

The S & P index for technology companies. SPLRCT rebounded after a recession caused by concerns over exaggerated valuations, which led investors to switch to other sectors. Shares of technology companies were the engine of growth in the S & P 500 index this year, which jumped by almost 9.6%.

Oil prices fell, suffering from the overall strengthening of the dollar. In addition, investors are trying to understand whether there is a potential for further price reductions.

Investors are also waiting for the start of the first meeting of the American Technological Council, President Trump, scheduled for today. Representatives of companies such as Apple (AAPL), Amazon (AMZN), Alphabet (GOOG), Cisco (CSCO), Oracle (ORCL) and Microsoft (MSFT) are expected to attend. The purpose of the meeting is to help the government "transform and modernize" its technological infrastructure.

Most components of the DOW index recorded a rise (21 out of 30). Leader of growth were shares of Apple Inc. (AAPL, + 2.83%). Exxon Mobil Corporation shares fell the most (XOM, -1.04%).

Most sectors of the S & P index closed in positive territory. The leader of growth was the healthcare sector (+ 1.2%). The conglomerate sector fell most of all (-0.6%).

At closing:

DJIA + 0.66% 21.525.01 +140.73

Nasdaq + 1.42% 6,239.01 +87.25

S & P + 0.83% 2,453.25 +20.10

EURUSD: 1.1045-50 (EUR 1.14bln) 1.1100 (455m) 1.1150-60 (1.17bln) 1.1250-60 (1.9bln) 1.1300 (630m) 1.1350 (270m)

USDJPY: 110.00 (USD 860m) 110.40-50 (700m) 110.80 (350m) 111.00 (800m) 115.15-25 (1.1bln) 112.00 (250m) 112.50 (560m)

EURGBP: 0.8860 ( EUR 402m) 0.8900 (275m)

AUDUSD: 0.7590 (AUD 2.2bln) 0.7665 (275m) 0.7700 (310m)

USDCAD: 1.3215 (USD 275m)

NZDUSD: 0.7150 (NZD 210m)

U.S. stock-index futures rose as investors snapped up beaten down technology and retail stocks.

Stocks:

Nikkei 20,067.75 +124.49 +0.62%

Hang Seng 25,924.55 +298.06 +1.16%

Shanghai 3,145.02 +21.85 +0.70%

S&P/ASX 5,805.17 +31.14 +0.54%

FTSE 7,501.79 +38.25 +0.51%

CAC 5,316.07 +52.76 +1.00%

DAX 12,875.41 +122.68 +0.96%

Crude $44.76 (+0.04%)

Gold $1,250.80 (-0.45%)

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

Apple (AAPL) target raised to $180 from $171 at Maxim Group

Travelers (TRV) downgraded to Neutral from Buy at BofA/Merrill

• "very confident" that there is "quite a long ways to go" in this economic expansion

• U.S. growth a position story but not well distributed across economy

• Expects to get 3 pct wage growth over next year or two

• Says backs free trade

EUR/USD

Offers: 1.1210 1.1230 1.1250 1.1270 1.1285 1.1300

Bids: 1.1180 1.1150 1.1130 1.1100 1.1080 1.1050 1.1030 1.1000

GBP/USD

Offers: 1.2810 1.2830 1.2850 1.2880 1.2900 1.2960 1.3000

Bids: 1.2770 1.2750 1.2730 1.2700 1.2680 1.2650 1.2630 1.2600-10

EUR/JPY

Offers: 124.50 124.80 125.00 125.30 125.50

Bids: 124.20 124.00 123.75 123.50 123.00 122.80 122.50

EUR/GBP

Offers: 0.8770 0.8785 0.8800 0.8820-25 0.8850-55

Bids: 0.8720 0.8700 0.8685 0.8650 0.8630 0.8600

USD/JPY

Offers: 111.30 111.50 111.65 111.80 112.00 112.30 112.50 112.80 113.00

Bids: 110.80 110.50 110.30 110.00 109.80109.50 109.20 109.00

AUD/USD

Offers: 0.7620 0.7635 0.7650 0.7680 0.7700 0.7750

Bids: 0.7590 0.7565 0.7550 0.75300.7500-05

• Will do all we can to deliver deal that works in best interests of all citizens

• Will talk in positive and constructive tone

• Proceeding with growth strategy, structural reforms key to revitalising economy

• Moscow worried by U.S. downing of Syria govt warplane, sees it as step to dangerous escalation

• Russia is warning the United States not to use force against syrian government forces

EURUSD: 1.1045-50 (EUR 1.14bln) 1.1100 (455m) 1.1150-60 (1.17bln) 1.1250-60 (1.9bln) 1.1300 (630m) 1.1350 (270m)

USDJPY: 110.00 (USD 860m) 110.40-50 (700m) 110.80 (350m) 111.00 (800m) 115.15-25 (1.1bln) 112.00 (250m) 112.50 (560m)

EURGBP: 0.8860 ( EUR 402m) 0.8900 (275m)

AUDUSD: 0.7590 (AUD 2.2bln) 0.7665 (275m) 0.7700 (310m)

USDCAD: 1.3215 (USD 275m)

NZDUSD: 0.7150 (NZD 210m)

• Japan economic growth momentum to continue in 2017, to weaken in 2018 if fiscal stimulus fades

• Japan near-term fiscal stimulus should be neutral in 2018, avoiding scheduled withdrawal of fiscal stimulus

• BoJ's continued accommodative stance needs to be accompanied by bold structural reform, credible fiscal consolidation plan

• Japan mid-term fiscal plan should place emphasis on gradual sales tax hikes, starting as soon as possible, to at least 15 pct

• Hopes libyans go back to normal production levels which they fully deserve

• Compliance in april and may to OPEC cuts agreement was above 100 percent

Japan had a merchandise trade deficit of 203.367 billion yen in May, the Ministry of Finance, cited by rttnes.

That missed forecasts for a surplus of 43.3 billion yen following the 481.7 billion yen surplus in April.

Exports were up 14.9 percent on year, shy of expectations for a gain of 16.0 percent following the 7.5 percent gain in the previous month.

Imports climbed an annual 17.8 percent versus expectations for 14.5 percent and up from 15.1 percent a month earlier.

An interesting feature of this quarter's survey are households' attitudes regarding debt. Each quarter, we ask households what they would do if they received a windfall of $10,000. In June the number of households who said they would use these funds for savings or paying down debt actually fell. In fact, the proportion of households who are focusing on savings/debt repayment has only been this low once before in the 19 years that we've been asking them about it. This quarter's fall is all the more surprising given the rises in interest rates since late last year, and may be a by-product of the increased confidence in the economic outlook.

Stocks across Europe finished higher Friday, but shares of some supermarket chains were hit hard after Amazon.com Inc. unexpectedly said it's scooping up Whole Foods Market Inc. in a nearly $14 billion deal.

The Dow Jones Industrial Average on Friday notched its 21st record of 2017 led by a late-stage rise in energy shares, as Amazon announced plans to buy Whole Foods- one of the buzziest mergers of 2017. However, the tech-heavy Nasdaq Composite ended lower and booked a second-straight weekly loss, extending what has proven a painful weekly stretch for tech';s highfliers.

Stock markets were higher in Asia early Monday, with resilience in U.S. equities helping to improve risk appetite at the dawn of an action-packed week. Among other events, investors will be focused on the start of formal Brexit negotiations and a decision on whether to include China's domestically-traded A-shares in MSCI's emerging-market index, which is widely followed.

EUR/USD

Resistance levels (open interest**, contracts)

$1.1354 (2371)

$1.1308 (3131)

$1.1262 (2668)

Price at time of writing this review: $1.1195

Support levels (open interest**, contracts):

$1.1132 (3217)

$1.1087 (7833)

$1.1041 (2185)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date July, 7 is 66812 contracts (according to data from June, 16) with the maximum number of contracts with strike price $1,1100 (7833);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3099 (549)

$1.2999 (438)

$1.2901 (656)

Price at time of writing this review: $1.2774

Support levels (open interest**, contracts):

$1.2689 (3568)

$1.2591 (1259)

$1.2493 (1832)

Comments:

- Overall open interest on the CALL options with the expiration date July, 7 is 27579 contracts, with the maximum number of contracts with strike price $1,2800 (2365);

- Overall open interest on the PUT options with the expiration date July, 7 is 27462 contracts, with the maximum number of contracts with strike price $1,2700 (3568);

- The ratio of PUT/CALL was 1.00 versus 1.33 from the previous trading day according to data from June, 16

* - 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.