Daily market review – June 29th 2017

Analytics_header

The trading in Asian markets is positive this morning, led by financial stocks following US banks’ resilience tests.
Tokyo rose by 0.5%, Hong Kong added 1%, Shanghai rose by 0.3%, Sydney climbed by 1%.

Yesterday, the Federal Reserve announced that all major US financial institutions had passed the tests designed to test their ability to withstand extreme economic scenarios.
This is the first time all banks have passed the test since 2011, allowing them to increase dividends and buy back shares.

Wall Street closed yesterday with gains at the pound and the Euro strengthened against the US dollar by 1.4%.
The Dow Jones Industrial Average rose by 0.7%, the S&P 500 rose by 0.9%.

In the commodities market, the WTI crude oil rose by 1.1% to $ 44.7 per barrel.
The Brent oil was up by 1.4% to $ 47.3 a barrel.
The price of the Gold rose by 0.2% to $ 1,249 an ounce.

The US office of Statistics released data indicating a decline in the US trade deficit in May.
The trade deficit in goods excluding services declined by 1.8 percent in May to $ 65.9 billion.
The full data on the US trade balance will be published next week.

Advertisement

Daily market review – June 28th 2017

GRAPHS

This morning there are declines on the Asian stock exchanges.
Tokyo loses 0.3%, Hong Kong is down by 0.4%, Shanghai maintains stability. Singapore retreated by 0.2%, Seoul is losing 0.2% and the Asia Dow index adds 0.1%.
The major electronics companies, including Samsung, are leading the declines on Asian stock exchanges.
However, the financial sector actually comes up following a speech by Federal Reserve Chairman Janet Yellen, which suggests that another rate rise may be on the agenda.
The Euro and the Japanese yen remain stable against the US dollar.
The WTI crude oil loses 0.25% and trades at $ 44.1 per barrel.

Yesterday the Wall Street markets closed down after the Health Law vote was postponed.
The Dow Jones (21,310.66 -0.46%) fell by 0.4%, the S&P 500 (2,419.38 -0.81%) lost 0.8% and the Nasdaq (6,146.62 -1.61%) retreated by 1.6%.

Google’s share (927.33 -2.62%) fell 2.4% after the European Union imposed a record fine of 2.4 billion Euros for violating its search engine competition rules.

Daily market review – June 27th 2017

china-flag-new

The trading in the European stock exchanges this morning is conducted at price declines.
London is trading in a small decline, Frankfurt is down by 0.4%, Paris loses 0.4%.

Deutsche Telekom share is down by 3.3% after the news that the US media firm Sprint may merge with T-Mobile, controlled by Deutsche Telekom.

The US dollar is trading steadfastly against leading currencies.
The Japanese yen is up by 0.1% to 111.74 yen.
The Euro and pound sterling traded at $ 1.119 and $ 1.2722 respectively.

The oil continues to rise but remains below the price level of $ 50 a barrel.
The Brent oil is up by 0.8% to $ 46.2 a barrel, and the WTI is up by 0.7% to $ 43.7 a barrel.

China’s industrial sector rose by 16.7 percent in May from May 2016 as global demand increased.
The profit rose to 626 billion yuan (91.5 billion US dollars), according to China’s office of Statistics.
Economists’ forecasts are for a slowdown in China’s manufacturing growth in the second half of 2017, which will hurt industrial sector profits and the global economic downturn that began a year ago, however, Chinese exports remained strong, at the background of rising demand in the US and Europe.

Yesterday, the trading on the Wall Street stock exchanges closed in a mixed trend on the first trading day of the week.
The Dow Jones and the S & P closed almost unchanged, and the NASDAQ shed 0.3%.

Daily market review – June 26th 2017

365-world

The trading on Asian stock exchanges opened on Monday with price hikes as the oil prices rose and the futures contracts on Wall Street indexes rose.
Oil prices are up about 1% today, with Brent trading at $ 45.9 per barrel and WTI trading at $ 43.5 a barrel.
Despite the correction, many in the market estimate that oil prices will continue to be under pressure due to increased output in the US, Libya and other countries, and the question is whether Saudi Arabia, Russia and other oil exporters will soon take another aggressive step to reduce output.

The S&P 500 Index – Is the upward trend still underway?
The recent feeling in the markets is of discontent.
Stocks with sharp declines, negative headlines and in general a less positive atmosphere than we have been accustomed to.
The main question is whether this feeling is backed by market behaviour.
The year 2016 ended excellent for the S&P 500, not only with an increase of 9.56%.
but also how it ended and the strength of the long trend indicates that at this stage any decline will be for the purpose of a rise.

Daily market review – June 22nd 2017

iStock_000019552558XSmall

There are price rises this morning on the Asian stock exchanges, despite the declines in New York last night.
The reason for the increases is mainly the weakening of oil prices when the Chinese economy, which is a large oil consumer, will be the biggest beneficiary of the decline in prices.
Last night, prices fell in New York, led by the energy companies whose profits are eroding as oil prices fall, but while a figure that is poorly interpreted as one is positive for the other, so low oil prices are the ones that project positively on Asian trading.
The oil prices also dragged Europe to a negative close yesterday as well.
The British bank Barclays has been indicted on suspicion of fraud in connection with fund raising from investors in Qatar in 2008, which brought the bank $ 15 billion in capital that allowed it to survive the major financial crisis without government bailouts. The indictment was also filed against the CEO and four other senior officials.

Daily market review – June 21st 2017

index

The energy and financial stocks are leading the declines on European stock exchanges this morning.
The oil prices are falling today, with a WTI crude oil is down by 0.9% to $ 43.1.
A Brent crude oil trading down by 0.9% to $ 45.6,and it’s officially a bear market since yesterday
In Asia earlier, the indices were trading in declines at the background of the negative trend that closed trading on Wall Street yesterday.
Oil trading in the eastern part of the country also remained in focus after falling last night, and investors seem to continue to be wary of investing in black gold.
The protocol of the June interest rate meeting in Japan reveal that the bank’s leaders estimate that the rate of bond purchases on its behalf may decline, and that the bank remains cautious about an annual inflation target of 2 percent.

Daily market review – June 20th 2017

GRAPHS

The Asian markets are trading this morning with a clear bias towards price hikes, following the positive closing on Wall Street last night and the rise in futures contracts this morning.
Europe is also expected to have a positive opening.

In Asia, the Japanese stock market is climbing, China is rising slightly, and Hong Kong is easing.

In Europe, the negotiations on Britain’s retirement terms from the European Union opened after the failure of Teresa Mae’s ruling party in the elections.
It is estimated that the EU will dictate the conditions for Britain’s exit, and without a majority in the parliament it will not be able to stand on its hind legs .

China and Hong Kong are waiting for the MSCI Index to update in the East, which will clarify whether some of the major stocks will enter the index of the developing countries of the organisation.
If so, analysts estimate a rise in shares there in the coming days.

The Australian market is slipping and tumbling today as Moody’s downgraded 12 Australian banks, weighing about a quarter of the stock market, because of concerns about credit to households and real estate.

Daily market review – June 16th 2017

6978117-japanese-flag-wallpaper-hd

The trading on Asian stock exchanges is taking place at the background of the Bank of Japan’s decision to leave the interest rate at a negative level of -0.1. Tokyo is up by 0.7%, Hong Kong rising by 0.4%, Shanghai is down by 0.3%. Singapore is up by 0.2%, Seoul is trading unchanged and Sydney is up by 0.2%.

The Bank of Japan has announced that it will leave the interest rate unchanged at 0.1, and will continue its stimulus policy, two days after the Federal Reserve announced it wants to start reducing its balance sheet in 2017.
The Bank of Japan said that inflation in the country is still below the bank’s target.

Following the bank’s decision, the Japanese yen fell by 0.2% to 111.22 yen per US dollar.
The US dollar traded steady against the major currencies, with the Euro falling to $ 1.1143 and the pound rising by 0.1% to $ 1.2773.

The fall in oil prices stopped.
WTI crude was trading at $ 44.5 per barrel and the Brent oil was trading at $ 46.9 a barrel.

The trading on Wall Street stock markets closed with a slight decline yesterday led by high-tech stocks.
The US dollar and US government bonds are rising, and investors seem to be still trying to digest the Federal Reserve’s interest rate hikes.

Daily market review – June 15th 2017

fully-track-test-results

The trading on Wall Street closed in a mixed trend yesterday after the Federal Reserve announced its interest rate hike by 0.25% to 1% -1.25%.
The Dow Jones rose by 0.2% to a record level 21,374.56 points led by Goldman Sachs (226.51 + 1.03%) and Home Depot (156.76 + 1.8%).
The Federal Reserve announced that it plans to begin reducing the balance sheet in 2017 according to developments in the US economy.

The Asian stocks are trading this morning at a drop in prices after the US interest rate hike yesterday,.
Tokyo fell by 0.3%, Hong Kong is losing 1%, Shanghai is down by 0.1%, Singapore and Seoul are down 0.6%.

Sydney is down 1.2% despite good employment figures, indicating a decline in unemployment to 5.5% in May from 5.7% in the previous month.
New Zealand’s economy grew by 0.5% in the first quarter of 2017 and by 2.5% in the last 12 months to April.

The Japanese yen traded flat against the US dollar at 109.6 yen to the dollar.

Daily market review – June 14th 2017

Trading And Investing

The trading on Wall Street trading closed yesterday with a rise.
The Dow Jones rose by 0.4% to a new record high closed at 21,327 points.
The S & P 500 rose by 0.45% and also broke a record.
The NASDAQ recovered from declines of the past few days with a 0.7% gain.
Today, the Federal Reserve is expected to announce the interest rate hike in the US by 0.25% after raising it last time in March.

There are slight price gains on Asian stock exchanges this morning.
Tokyo is up 0.2%, Seoul by 0.2%.
Shanghai decreased by 0.2%, India is unchanged and New Zealand adds 0.6%.
The price of crude oil falling by 1% to $ 46, after it was reported yesterday that OPEC production rose unexpectedly, while the gold futures rising by 0.3% to $ 1227.30 per ounce.
The Euro is unchanged at $ 1.1214, as well as the Japanese yen, at 110.05 yen per dollar.