CFD Markets News and Forecasts — 20-11-2017

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

Nikkei -135.04 22261.76 -0.60%

TOPIX -4.11 1759.65 -0.23%

Hang Seng +61.27 29260.31 +0.21%

CSI 300 +22.98 4143.83 +0.56%

Euro Stoxx 50 +13.95 3561.41 +0.39%

FTSE 100 +8.78 7389.46 +0.12%

DAX +64.93 13058.66 +0.50%

CAC 40 +21.28 5340.45 +0.40%

DJIA +72.09 23430.33 +0.31%

S&P 500 +3.29 2582.14 +0.13%

NASDAQ +7.92 6790.72 +0.12%

S&P/TSX +5.83 16004.40 +0.04%

(pare/closed(GMT +3)/change, %)

EUR/USD $1,1732 -0,53%

GBP/USD $1,3234 +0,13%

USD/CHF Chf0,99332 +0,48%

USD/JPY Y112,61 +0,47%

EUR/JPY Y132,12 -0,05%

GBP/JPY Y149,034 +0,61%

AUD/USD $0,7549 -0,22%

NZD/USD $0,6805 -0,16%

USD/CAD C$1,28185 +0,43%

00:30 Australia RBA Meeting's Minutes

04:30 Japan All Industry Activity Index, m/m September 0.1% -0.4%

07:00 Switzerland Trade Balance October 2.918 3.200

09:05 Australia RBA's Governor Philip Lowe Speaks

09:30 United Kingdom PSNB, bln October -5.33 -6.6

11:00 United Kingdom CBI industrial order books balance November -2 3

13:30 Canada Wholesale Sales, m/m September 0.5% 0.6%

13:30 U.S. Chicago Federal National Activity Index October 0.17 0.20

15:00 Eurozone ECB's Benoit Coeure Speaks

15:00 U.S. Existing Home Sales October 5.39 5.43

21:45 New Zealand Visitor Arrivals October 3.1%

23:00 U.S. Fed Chairman Janet Yellen Speaks

23:30 Australia Leading Index October 0.1%

Major US stock indices slightly increased, supported by a rise in the price of shares of industrial companies

Activity on the market is subsiding, as investors have reduced activity due to the completion of the reporting season, and also on the eve of the Thanksgiving holiday.

In addition, as it became known today, the index of leading indicators (LEI) from the Conference Board for the US increased by 1.2 percent in October to 130.4 (2010 = 100), after an increase of 0.1 percent in September and 0 , 4 percent in August. "In October, the LEI for the US increased sharply, as the impact of hurricanes dissipated," said Ataman Ozildirim, director of business cycles and growth research at the Conference Board. "The growth of LEI, which is associated with broad strengths among its components, indicates that sustained growth in the US economy will continue throughout the festive season and in the new year."

Quotes of oil fell by about 1%, as traders are cautious before the next meeting of OPEC, which is scheduled to discuss the extension of the deal on limiting production.

The components of the DOW index recorded multidirectional dynamics (15 plus, 15 minus). Leader of growth were shares of Verizon Communications Inc. (VZ, + 1.71%). Outsider were the shares of Merck & Co., Inc. (MRK, -2.02%).

Most sectors of the S & P index completed the bidding mixed. The industrial goods sector grew most (+ 0.6%). The largest decline was observed in the conglomerate sector (-0.9%).

At closing:

DJIA + 0.31% 23.431.09 +72.85

Nasdaq + 0.12% 6,790.71 +7.92

S & P + 0.13% 2.582.17 +3.32

• Digital currencies are development that should receive interest from central banks and supervisors

• Digital currencies' use pretty limited

• No risk for central banks from digital currencies currently

U.S. stock-index futures were flat on Monday, as the collapse of coalition negotiations in Germany kept global investors edgy at the start of the Thanksgiving holiday week.

Global Stocks:

Nikkei 22,261.76 -135.04 -0.60%

Hang Seng 29,260.31 +61.27 +0.21%

Shanghai 3,393.02 +10.12 +0.30%

S&P/ASX 5,945.67 -11.58 -0.19%

FTSE 7,388.28 +7.60 +0.10%

CAC 5,332.88 +13.71 +0.26%

DAX 13,028.08 +34.35 +0.26%

Crude $56.37 (-0.60%)

Gold $1,287.90 (-0.66%)

• Underlying inflation pressures are still subdued as labour market slack remains significant

• Business investment also remains on an upswing, aided by improvements in corporate profitability

• Ecb measures will preserve the current financing conditions and ensure the ample degree of monetary stimulus that is still necessary

• All parties have responsibility to try form a government in near future

• Will have talks with leaders of all parties involved in coalition talks and others and other german institutions

• Neighbouring countries would be alarmed if politicians in Germany don't live up to responsibilities

EURUSD: 1.1640-45 (EUR 640m) 1.1660-70 (1bn) 1.1750 (345m) 1.1800-05 (E625m)

USDJPY: 109.75 (495m) 111.90-112.00 (1.2bln) 112.30(2.4bln) Y112.50 (620m) Y112.60(330m) 112.75-80 (410m)

GBPUSD: None of note

AUDUSD: 0.7630 (275m) 0.7640-50 (580m) 0.7660 (435m) 0.7690 (300m)

USDCAD: None of note

AUDNZD: 1.0934-35 (AUD 605m)

AUDJPY: 85.75 (AUD 560m)

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

Wal-Mart (WMT) downgraded to Neutral from Buy at Goldman

Verizon (VZ) upgraded to Outperform from Market Perform at Wells Fargo

General Motors (GM) upgraded to Buy from Neutral at Guggenheim

• Says conservatives tried everything to make coalition talks work

• Will talk to german president to inform him that she had failed to form coalition gov't

• Immigration was main sticking point

• Germany will be in good hands in difficult weeks to come

• BoJ, govt will work closely together, take all necessary steps to end deflation

• Specific monetary policy steps up to boj to decide

• Desirable for BoJ to continue super easy policy

• Excessive yen strength has been corrected

Japan posted a merchandise trade surplus of 285.385 billion yen in October, the Ministry of Finance said, cited by rttnews - down 40.7 percent on year.

The headline figure was shy of expectations for a surplus of 330.0 billion yen and was down from 670.17 billion yen in September.

Exports climbed 14.0 percent on year to 5.870 trillion yen, also missing forecasts for 15.7 percent and down from 14.1 percent in the previous month.

Exports to Asia advanced 18.9 percent on year to 3.712 trillion yen, while exports to China alone jumped an annual 26.0 percent to 1.354 trillion yen.

Exports to the United States gained 7.1 percent on year to 1.281 trillion yen and exports to the European Union added an annual 15.8 percent to 753.412 billion yen.

Imports jumped an annual 18.9 percent to 5.389 trillion yen versus forecasts for 20.2 percent and up from 12.0 percent a month earlier.

In October 2017 the index of producer prices for industrial products rose by 2.7% compared with the corresponding month of the preceding year. In September 2017 the annual rate of change all over had been 3.1%, as reported by the Federal Statistical Office (Destatis).

Compared with the preceding month September 2017 the overall index rose by 0.3% in October 2017 (+0.3% in September and +0.2% in August).

In October 2017 the price indices of all main industrial groups increased compared with October 2016: Prices of intermediate rose goods by 4.1%. Energy prices were up 2.8%, though the development of prices of the different energy carriers diverged. Prices of electricity increased by 4.1% and prices of petroleum products by 3.4%, whereas prices of natural gas (distribution) decreased by 4.2%. Prices of non-durable consumer goods rose by 2.8%. Prices of durable consumer goods increased by 1.2% whereas prices of capital goods increased by 1.1%.

European stocks declined on Friday, suffering a second straight weekly loss, as disappointing corporate updates and broker downgrades provided pressure. Equities were also weighed by a stronger euro against the dollar, after the greenback stumbled on news top officials from President Donald Trump's election campaign were subpoenaed in the Russia probe.

U.S. stocks finished lower on Friday, with the S&P 500 and the Dow logging a second straight week of losses as investors tracked the progress of the Republican tax cut plan wending its way through the legislative grind.

Asian stocks are broadly lower on Monday as Japanese export growth weakened unexpectedly in October and a political impasse in Germany dent investor risk appetite and helped spur demand for safe-haven assets.

EUR/USD

Resistance levels (open interest**, contracts)

$1.1872 (6507)

$1.1851 (3063

$1.1827 (3832)

Price at time of writing this review: $1.1735

Support levels (open interest**, contracts):

$1.1714 (3425)

$1.1678 (6005)

$1.1649 (3063)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date December, 8 is 156817 contracts (according to data from November, 17) with the maximum number of contracts with strike price $1,1500 (8405);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3331 (2742)

$1.3308 (3347)

$1.3273 (1344)

Price at time of writing this review: $1.3203

Support levels (open interest**, contracts):

$1.3147 (1087)

$1.3120 (1306)

$1.3090 (1400)

Comments:

- Overall open interest on the CALL options with the expiration date December, 8 is 41411 contracts, with the maximum number of contracts with strike price $1,3200 (3347);

- Overall open interest on the PUT options with the expiration date December, 8 is 40425 contracts, with the maximum number of contracts with strike price $1,3000 (3957);

- The ratio of PUT/CALL was 0.98 versus 0.94 from the previous trading day according to data from November, 17

* - 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.