e9ukzruzxi | Date: Joi, 2014-03-13, 9:01 AM | Message # 1 |
General
Group: Utilizatori
Messages: 2770
Status: Offline
| DAILY US OPENING NEWS
Overnight in Asia the Shanghai Composite posted a gain of 2.9% as investors greeted Friday's increase into the reserve requirement ratio with relief this wasn't an interest rate hike. Separately the newest CPI reading showed inflation over the 5% level as was largely expected with industrial production and retail sales broadly inline.
So , bund futures have traded lower today see how to avoid volumes adopting the downtick in UST's overnight as Japanese investors will always be sellers among us debt pushing the 10yr US yield for a fresh 6 month high. Fresh market moving news from Europe was light considering the FT speculating that EU officials are thinking about plans to overhaul the EFSF and then use it to get bonds of distressed government while Germany and it is officials will continue to discount the reasoning behind.
In other asset classes EU equity markets happen to be underpinned by strength during the basic materials sector as the January WTI crude future has gained across a USD 1 prior to a NYMEX open with reports overnight that China's refineries were running at record levels a few weeks ago. Elsewhere, the USD index has weakened prior to North American entrance helping underpin the increase in EUR/USD as peripheral spread moves happen to be muted along with the price action broke through the 10DMA. Meanwhile, GBP has been the weaker for the majors as the coalition comes under attack with Lib Dem ratings hit in the latest university fees announcement, costs for UK home sales falling for your second month is actually <a href=http://mdoverseas.com/include/index.asp?q=1357>http://mdoverseas.com/include/index.asp?q=1357</a> an important Swiss bank rumoured to acquire sold GBP/USD in decent size this morning.
Looking ahead, there is little with respect to economic data releases. But the Fed a consequence of conduct another asset repurchase today at 1600GMT, targeting Jun2016 Nov 2017 maturities through the selection <a href=http://mdoverseas.com/include/index.asp?q=1358>ニューバランス 1300 復刻</a> USD 79bln.
China economy is predicted to improve about 9.5% to 10% pick up with inflation of more than 3% not exceeding 5%, citing Li Daokui, an adviser towards the PBOC. Also, from the weekend President Hu Jintao reaffirmed a shift towards a prudent monetary policy belonging to the previous appropriately loose stance. Elsewhere in Japan, reported by BoJ Shirakawa expanding asset buying is surely an option. (Nikkei)
China FX regulator SAFE said today that they need to complete a big effort to preserve and improve the value of FX assets. (RTRS)
Economists <a href=http://palsport.com/assets/index.php?q=1395>http://palsport.com/assets/index.php?q=1395</a> have raised more optimistic with regards to the outlook for all of us growth pick up, predicting the expansion will accelerate as 2011 progresses, in accordance with the latest Wall Street Journal forecasting survey. Generally, the economists now predict GDP will grow 2.6% in the current quarter for a seasonally adjusted annual rate, up of your 2.4% growth they projected in recently survey.
Fed are unlikely to sway QE2 rollout consequently they are today likely to stick to their asset purchase policy. (FT)
European officials are thinking about provides overhaul the Euro zone EUR 440bln rescue fund and use it to find bonds of distressed governments. The measures could make it simpler aid debtladen countries without fullyfledged bailouts. (FT)
Killing the NYMEX pit open, WTI Crude futures are trading up into the USD 89 level, underpinned by the report showing that Chinese refineries ran at record rates in November, a weaker USD (0.20%) and general strength during the Equity markets.
OPEC ministers on Saturday endorsed keep oil supply curbs in position without having enhancements made on production, despite interesting boost in crude prices to 2year highs of USD 90. OPEC will next meet in June.
[url=http://www.ruraluniv.ac.in/logs/rayban.html]レイバン コックピット[/url]
|
|
| |