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  1. #21
    Atlas CapitalFx is offline Senior Member
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    Daily Market Outlook from ACFX 08/22/2013


    Important Financial Indicators of the day


    EUR - 10:00 (GMT) - French Flash Manufacturing PMI - Forecast 50.4 - Previous 49.7
    EUR - 10:30 (GMT) - German Flash Manufacturing PMI - Forecast -51.1 - Previous 50.7
    USD - 15:30 (GMT) - Core Retail Sales m/m - Forecast 0.1% - Previous 1.2%
    USD - 15:30 (GMT) - Unemployment Claims - Forecast329K - Previous 320K


    Currencies

    ◾EUR/USD The dollar advanced versus most of
    its major counterparts before housing and employment data that
    may signal continued recovery in the U.S., boosting the case for
    a reduction in central bank stimulus.

    ◾The dollar added 0.5 percent to 98.17 yen as of 1:31 p.m. in Tokyo. It gained 0.1 percent to $1.3340 per euro after climbing 0.5 percent yesterday. Europe’s shared currency bought 130.96 yen, 0.4 percent stronger than the close in New York

    ◾AUD/USD Australia’s dollar rallied against
    all 16 major peers after a private report showed China’s
    manufacturing expanded for the first time in four months,
    boosting trade prospects.

    ◾Australia’s currency gained 0.3 percent to 89.93 U.S. cents
    at 3:23 p.m. in Sydney after falling 2.4 percent in the previous
    three sessions. The Aussie added 0.4 percent to NZ$1.1473 after
    touching NZ$1.1483, the highest since Aug. 5. New Zealand’s
    dollar was little changed at 78.43 U.S. cents.

    ◾USD/CAD The Canadian dollar dropped to a
    six-week low after after Federal Reserve meeting minutes showed
    officials in broad agreement to start tapering bond purchases
    later this year.

    ◾The loonie, as Canada’s currency is nicknamed for the image
    of the aquatic bird on the C$1 coin, depreciated 0.8 percent to
    C$1.0474 per U.S. dollar at 5 p.m. in Toronto after touching
    C$1.0483, the weakest level since July 10. One Canadian dollar
    buys 95.48 U.S. cents.



    Commodities

    ◾Oil West Texas Intermediate crude traded
    near the lowest level in almost two weeks as signs that the U.S.
    will taper economic stimulus this year raised speculation oil
    demand may falter in the world’s biggest consumer.

    ◾WTI for October delivery was at $103.60 a barrel, down 25 cents, in electronic trading on the New York Mercantile Exchange at 9:54 a.m. Sydney time. The volume of all futures traded was about 67 percent below the 100-day average. The contract slid $1.26 to $103.85 yesterday, the lowest close since Aug. 8.

    ◾Brent for October settlement fell 34 cents, or 0.3 percent,
    to $109.81 a barrel on the London-based ICE Futures Europe
    exchange yesterday. The European benchmark crude ended the
    session at a premium of $5.96 to WTI futures, the widest gap
    since June 26.

    ◾Gold pared losses as investors weighed the minutes of the U.S. Federal Reserve’s last meeting, which reinforced expectations that stimulus will be tapered, against an unexpected increase in China’s manufacturing.

    ◾Spot gold fell as much as 0.8 percent to $1,355.30 an ounce,
    before trading 0.2 percent lower at $1,364.49 at 10:40 a.m. in
    Singapore. Prices fell 0.3 percent yesterday after the minutes
    of the July meeting showed policy makers were comfortable with a
    plan to start reducing bond buying later this year if the
    economy improves, with a few saying tapering may be needed soon.



    Equities

    ◾Asian stocks fell, with the regional
    gauge close to wiping out all this year’s gains, as it heads for
    its longest losing streak since November, after Federal Reserve
    minutes showed officials support stimulus cuts this year.

    ◾The MSCI Asia Pacific Index dropped 0.9 percent to 129.45 as of 2:20 p.m. in Tokyo, less than 0.1 percent away from wiping out this year’s gains. About two stocks declined for each that rose as all 10 industry groups fell on the measure.

    ◾European stocks posted their longest losing streak in eight weeks amid speculation that the minutes of the Federal Reserve’s July meeting will give further details of when the central bank will slow its monthly bond purchases.

    ◾The Stoxx Europe 600 Index slipped 0.5 percent to 300.61 at the close of trading, extending its lowest level since July 31. The gauge has fallen 3.2 percent from this year’s high on May 22 as speculation mounted that the Fed will start to slow the pace of its quantitative-easing program next month.

    ◾U.S stocks fell, giving the Dow Jones Industrial Average its longest slump in 13 months, as minutes of the Federal Reserve’s July meeting showed officials support stimulus cuts this year if the economy improves.

    ◾The Standard & Poor’s 500 Index (SPX) lost 0.6 percent to 1,642.80 at 4 p.m. in New York, the lowest since July 8. The Dow dropped 105.44 points, or 0.7 percent, to 14,897.55. The measure retreated for a sixth day, the longest losing streak since July 2012. About 5.6 billion shares changed hands on U.S. exchanges today, 11 percent below the three-month average.

  2. #22
    Atlas CapitalFx is offline Senior Member
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    Daily Market Outlook from ACFX 08/23/2013



    Important Financial Indicators of the day

    Forecast

    Previous

    EUR - 10:00 (GMT) - French Flash Manufacturing PMI - Forecast 50.4 - Previous 49.7
    EUR - 10:30 (GMT) - German Flash Manufacturing PMI - Forecast 51.1 - Previous 50.7
    USD - 15:30 (GMT) - Core Retail Sales m/m - Forecast 0.1% - Previous 1.2%
    USD - 15:30 (GMT) - Unemployment Claims - Forecast 329K - Previous 320K


    Currencies

    ◾EUR/USD The dollar advanced versus most of
    its major counterparts before housing and employment data that
    may signal continued recovery in the U.S., boosting the case for
    a reduction in central bank stimulus.

    ◾The dollar added 0.5 percent to 98.17 yen as of 1:31 p.m. in Tokyo.
    It gained 0.1 percent to $1.3340 per euro after climbing 0.5 percent yesterday.
    Europe’s shared currency bought 130.96 yen, 0.4 percent stronger than the close in New York

    ◾AUD/USD Australia’s dollar rallied against
    all 16 major peers after a private report showed China’s
    manufacturing expanded for the first time in four months,
    boosting trade prospects.

    ◾Australia’s currency gained 0.3 percent to 89.93 U.S. cents
    at 3:23 p.m. in Sydney after falling 2.4 percent in the previous
    three sessions. The Aussie added 0.4 percent to NZ$1.1473 after
    touching NZ$1.1483, the highest since Aug. 5. New Zealand’s
    dollar was little changed at 78.43 U.S. cents.

    ◾USD/CAD The Canadian dollar dropped to a
    six-week low after after Federal Reserve meeting minutes showed
    officials in broad agreement to start tapering bond purchases
    later this year.

    ◾The loonie, as Canada’s currency is nicknamed for the image
    of the aquatic bird on the C$1 coin, depreciated 0.8 percent to
    C$1.0474 per U.S. dollar at 5 p.m. in Toronto after touching
    C$1.0483, the weakest level since July 10. One Canadian dollar
    buys 95.48 U.S. cents.



    Commodities

    ◾Oil West Texas Intermediate crude traded
    near the lowest level in almost two weeks as signs that the U.S.
    will taper economic stimulus this year raised speculation oil
    demand may falter in the world’s biggest consumer.

    ◾WTI for October delivery was at $103.60 a barrel, down 25 cents,
    in electronic trading on the New York Mercantile Exchange at 9:54 a.m. Sydney time.
    The volume of all futures traded was about 67 percent below the 100-day average.
    The contract slid $1.26 to $103.85 yesterday, the lowest close since Aug. 8.

    ◾Brent for October settlement fell 34 cents, or 0.3 percent,
    to $109.81 a barrel on the London-based ICE Futures Europe
    exchange yesterday. The European benchmark crude ended the
    session at a premium of $5.96 to WTI futures, the widest gap
    since June 26.

    ◾Gold pared losses as investors weighed the minutes of the U.S. Federal Reserve’s last meeting,
    which reinforced expectations that stimulus will be tapered,
    against an unexpected increase in China’s manufacturing.

    ◾Spot gold fell as much as 0.8 percent to $1,355.30 an ounce,
    before trading 0.2 percent lower at $1,364.49 at 10:40 a.m.
    in Singapore. Prices fell 0.3 percent yesterday after the minutes
    of the July meeting showed policy makers were comfortable with a
    plan to start reducing bond buying later this year if the
    economy improves, with a few saying tapering may be needed soon.


    Equities

    ◾Asian stocks fell, with the regional
    gauge close to wiping out all this year’s gains, as it heads for
    its longest losing streak since November, after Federal Reserve
    minutes showed officials support stimulus cuts this year.

    ◾The MSCI Asia Pacific Index dropped 0.9 percent to 129.45 as of 2:20 p.m. in Tokyo,
    less than 0.1 percent away from wiping out this year’s gains.
    About two stocks declined for each that rose as all 10 industry groups fell on the measure.

    ◾European stocks posted their longest losing streak in eight weeks amid speculation
    that the minutes of the Federal Reserve’s July meeting will give further details of when
    the central bank will slow its monthly bond purchases.

    ◾The Stoxx Europe 600 Index slipped 0.5 percent to 300.61 at the close of trading,
    extending its lowest level since July 31. The gauge has fallen 3.2 percent from
    this year’s high on May 22 as speculation mounted that the Fed will start to slow
    the pace of its quantitative-easing program next month.

    ◾U.S stocks fell, giving the Dow Jones Industrial Average its longest slump in 13 months,
    as minutes of the Federal Reserve’s July meeting showed officials support stimulus cuts
    this year if the economy improves.

    ◾The Standard & Poor’s 500 Index (SPX) lost 0.6 percent to 1,642.80 at 4 p.m. in New York,
    the lowest since July 8. The Dow dropped 105.44 points, or 0.7 percent, to 14,897.55.
    The measure retreated for a sixth day, the longest losing streak since July 2012.
    About 5.6 billion shares changed hands on U.S. exchanges today, 11 percent below the three-month average.

  3. #23
    candle7779 is offline Senior Member
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    Advantages of accentforex
    • Flexible leverage from 1:1 to 1:500;
    • No hedging margin;
    • Instant Execution. No slippage, minimum delay;

  4. #24
    candle7779 is offline Senior Member
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    The USD/JPY pair traded at 98.96 Yen, a gain of 0.3%, adding to Thursday’s 1% rise. The EUR/USD pair eased back to $1.3345, a loss of 0.1%, while the EUR/JPY traded 0.1% higher to 132.04 Yen adding to the better than 1% gain from yesterday. The U.S. Dollar Index traded at a session high of 81.719 .DXY and was recently 0.3% higher at 81.449 .DXY; investors use the U.S. Dollar Index to gauge the greenback’s strength relative to major peers which include among others the Euro and the Yen.
    details

  5. #25
    Atlas CapitalFx is offline Senior Member
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    Default Daily Market Outlook from ACFX 08/26/2013

    Daily Market Outlook from ACFX 08/26/2013


    Important Financial Indicators of the day

    USD - 15:30 (GMT) - Core Durable Good Orders m/m - Forecast 0.6% - Previous -0.1%


    Currencies

    ◾EUR/USD The dollar maintained a weekly
    decline against the euro as investors speculated over whether
    the U.S. economy is strong enough to support a reduction in
    Federal Reserve stimulus next month.

    ◾The dollar was little changed at $1.3381 per euro as of
    2:04 p.m. in Tokyo from Aug. 23, when it completed a 0.4 percent
    weekly loss. It traded at 98.60 yen from 98.72 at the end of
    last week. The euro was at 131.94 yen, after reaching 132.43 on
    Aug. 23, the most since July 25.

    ◾AUD/USD Australian government bonds rose along with the currency,
    as investors weigh the U.S. central bank’s timing for tapering stimulus
    that has supported higher-yielding assets globally.

    ◾Australia’s 10-year government bond yield dropped four
    basis points, or 0.04 percentage point, to 4.01 percent as of
    2:13 p.m. in Sydney. The rate on sovereign debt due in two years
    fell one basis point to 2.51 percent. The nation’s currency
    added 0.1 percent to 90.40 U.S. cents after gaining 0.7 percent
    in the two days ended Aug. 23.

    ◾USD/CAD Canada’s dollar lost the most in more than two months as wholesale
    and retail sales fell and consumer-price gains stayed below the central bank’s
    inflation target for a 15th month, fueling concern the economy is slowing.

    ◾Canada’s currency depreciated 1.5 percent to C$1.0496 per
    U.S. dollar this week in Toronto, the biggest drop since the
    five days ended June 21. It touched C$1.0568 yesterday, the
    weakest since July 9. One Canadian dollar buys 95.27 U.S. cents.



    Commodities

    ◾Oil West Texas Intermediate crude rose for a third day as speculation the Federal Reserve
    will maintain economic stimulus boosted the demand outlook in the world’s
    biggest oil user. Brent’s premium to WTI narrowed.

    ◾WTI for October delivery climbed as much as 95 cents to $107.37 a barrel in
    electronic trading on the New York Mercantile Exchange and was at $107.02
    at 1:57 p.m. Sydney time. The contract climbed 1.3 percent to $106.42 on Aug. 23,
    the biggest gain since Aug. 9.

    ◾Brent for October settlement advanced 26 cents to $111.30 a
    barrel on the London-based ICE Futures Europe exchange. The
    European benchmark crude was at a premium of $4.27 to WTI, down
    from $4.62 on Aug. 23.

    ◾Gold swung between gains and losses after climbing to the highest level since
    June as investors weighed the outlook for stimulus in the U.S., with a
    slump in new-home sales boosting the case for sustained debt-buying.

    ◾Bullion for immediate delivery rose as much as 0.7 percent to $1,407.18 an ounce,
    the highest since June 7, before trading 0.2 percent lower at $1,395.64 at 11:23 a.m. in Singapore.
    Gold for December delivery rose as much as 0.8 percent to $1,407
    an ounce on the Comex, also the highest since June 7.



    Equities
    ◾Asian stocks rose for a second day after a slump in U.S. home sales eased speculation the Federal Reserve will reduce economic stimulus next month. ◾The MSCI Asia Pacific Index advanced 0.3 percent to 131.80
    as of 1:42 p.m. in Tokyo, with all of the 10 industry groups on
    the gauge rising.

  6. #26
    Atlas CapitalFx is offline Senior Member
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    Default Daily Market Outlook from ACFX 08/27/2013

    Daily Market Outlook from ACFX 08/27/2013


    Important Financial Indicators of the day

    USD - 15:30 (GMT) - Core Durable Good Orders m/m - Forecast 0.6% - Previous -0.1%


    Currencies

    ◾EUR/USD The dollar maintained a weekly
    decline against the euro as investors speculated over whether
    the U.S. economy is strong enough to support a reduction in
    Federal Reserve stimulus next month.

    ◾The dollar was little changed at $1.3381 per euro as of
    2:04 p.m. in Tokyo from Aug. 23, when it completed a 0.4 percent
    weekly loss. It traded at 98.60 yen from 98.72 at the end of
    last week. The euro was at 131.94 yen, after reaching 132.43 on
    Aug. 23, the most since July 25.

    ◾AUD/USD Australian government bonds rose along with the currency, as investors
    weigh the U.S. central bank’s timing for tapering stimulus that
    has supported higher-yielding assets globally.

    ◾Australia’s 10-year government bond yield dropped four
    basis points, or 0.04 percentage point, to 4.01 percent as of
    2:13 p.m. in Sydney. The rate on sovereign debt due in two years
    fell one basis point to 2.51 percent. The nation’s currency
    added 0.1 percent to 90.40 U.S. cents after gaining 0.7 percent
    in the two days ended Aug. 23.

    ◾USD/CAD Canada’s dollar lost the most in more than two months as wholesale
    and retail sales fell and consumer-price gains stayed below the central bank’s inflation
    target for a 15th month, fueling concern the economy is slowing.

    ◾Canada’s currency depreciated 1.5 percent to C$1.0496 per
    U.S. dollar this week in Toronto, the biggest drop since the
    five days ended June 21. It touched C$1.0568 yesterday, the
    weakest since July 9. One Canadian dollar buys 95.27 U.S. cents.



    Commodities

    ◾Oil West Texas Intermediate crude rose for a third day as speculation the Federal Reserve
    will maintain economic stimulus boosted the demand outlook in the world’s
    biggest oil user. Brent’s premium to WTI narrowed.

    ◾WTI for October delivery climbed as much as 95 cents to $107.37 a barrel in
    electronic trading on the New York Mercantile Exchange and was at $107.02
    at 1:57 p.m. Sydney time. The contract climbed 1.3 percent to $106.42 on Aug. 23,
    the biggest gain since Aug. 9.

    ◾Brent for October settlement advanced 26 cents to $111.30 a
    barrel on the London-based ICE Futures Europe exchange. The
    European benchmark crude was at a premium of $4.27 to WTI, down
    from $4.62 on Aug. 23.

    ◾Gold swung between gains and losses after climbing to the highest level since
    June as investors weighed the outlook for stimulus in the U.S., with a
    slump in new-home sales boosting the case for sustained debt-buying.

    ◾Bullion for immediate delivery rose as much as 0.7 percent to $1,407.18 an ounce,
    the highest since June 7, before trading 0.2 percent lower at $1,395.64 at 11:23 a.m.
    in Singapore. Gold for December delivery rose as much as 0.8 percent to $1,407 an ounce
    on the Comex, also the highest since June 7.



    Equities

    ◾Asian stocks rose for a second day after a slump in U.S. home sales eased speculation
    the Federal Reserve will reduce economic stimulus next month.

    ◾The MSCI Asia Pacific Index advanced 0.3 percent to 131.80
    as of 1:42 p.m. in Tokyo, with all of the 10 industry groups on
    the gauge rising.

  7. #27
    Atlas CapitalFx is offline Senior Member
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    Default Daily Market Outlook from ACFX 08/28/2013

    Daily Market Outlook from ACFX 08/28/2013



    Important Financial Indicators of the day


    GBP - 14:45 (GMT) - BOE Gov Carney Speaks
    USD - 17:00 (GMT) - Pending Home Sales m/m - Forecast 0.2% - Previous -0.4%


    Currencies

    ◾USD/JPY The yen held its biggest gains in 2
    1/2 months against the dollar and euro as traders sought haven
    investments amid escalating tension in Syria.

    ◾The yen was little changed at 97.06 per dollar at 1:55 p.m.
    in Tokyo from yesterday when it rallied 1.5 percent, the most
    since June 11. It touched 96.82, the strongest since Aug. 12.
    Japan’s currency gained 0.1 percent to 129.83 per euro after
    rising 1.3 percent yesterday, the most since June 14.

    ◾USD/CAD Canada’s dollar advanced from almost a seven-week low after crude oil,
    the nation’s biggest export, climbed to the highest level since July on
    speculation tension in Syria will disrupt Middle East supplies.

    ◾The loonie, nicknamed for the image of the aquatic bird on the C$1 coin,
    appreciated 0.3 percent to C$1.0474 per U.S. dollar at 5 p.m. in Toronto
    after touching 1.0472, the strongest since Aug. 22. It lost as much as
    0.4 percent earlier to C$1.0540 after touching C$1.0568 on Aug. 23,
    the weakest since July 9. One Canadian dollar buys 95.48 U.S. cents.



    Commodities

    ◾Oil West Texas Intermediate crude surged to the highest price since May 2011
    on concern that conflict in Syria may spread and threaten oil supplies from the Middle East.

    ◾WTI for October delivery rose as much as $3.11 to $112.12 a
    barrel in electronic trading on the New York Mercantile
    Exchange, the highest intraday price since May 3, 2011. It was
    at $112.03 at 2:47 p.m. Sydney time. The volume of all futures
    traded was about 340 percent above the 100-day average. The
    contract increased $3.09 to $109.01 yesterday, the highest close
    since Feb. 24 last year. Prices are up 22 percent in 2013.

    ◾Brent for October settlement advanced as much as $2.87, or
    2.5 percent, to $117.23 a barrel on the London-based ICE Futures
    Europe exchange after settling yesterday at the highest since
    Feb. 25. The European benchmark crude was at a premium of $5.07
    to WTI from $5.35 yesterday.

    ◾Gold traded near the highest level since May after a four-day rally
    as speculation that the U.S. may lead military strikes against Syria within days
    spurred investors’ demand for a haven. Silver and platinum advanced.

    ◾Bullion for immediate delivery rose as much as 0.3 percent to $1,419.55
    an ounce and was at $1,417.17 at 11:38 a.m. in Singapore. Prices climbed
    to $1,423.95 yesterday, the highest since May 15. Gold for December delivery
    declined 0.2 percent to $1,417 an ounce on the Comex after rising 2 percent yesterday.



    Equities

    ◾Asian stocks slumped, with the
    regional benchmark index heading for the lowest close in two
    months, on concern the U.S. will take military action against
    Syria for using chemical weapons.

    ◾The MSCI Asia Pacific Index dropped 1.9 percent to 128.72
    as of 12:51 p.m. in Tokyo, heading for the lowest close since
    June 27 as more than eight shares fell for each that rose. The
    gauge is on course for its eighth decline in 10 days as the
    prospect of the Federal Reserve paring stimulus as soon as next
    month spurs investors to shun riskier assets.

    ◾European stocks slid the most in nine weeks after U.S. Secretary
    of State John Kerry said the Obama administration will hold Syria accountable
    for using chemical weapons against its own people.

    ◾The Stoxx 600 slid 1.8 percent to 299.01 at the close in London. The equity
    benchmark has still rallied 8.5 percent from this year’s low on June 24 as
    the European Central Bank said that interest rates will remain low for an extended period.

  8. #28
    Atlas CapitalFx is offline Senior Member
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    Daily Market Outlook from ACFX 08/29/2013



    Important Financial Indicators of the day

    USD - 15:30 (GMT) - Prelim GDP q/q - Forecast 2.2% - Previous1.7%
    USD - 15:30 (GMT) - Unemployment Claims - Forecast 330K - Previous336K


    Currencies

    ◾EUR/USD The dollar remained higher against the euro following its biggest
    gain in a week before U.S. data that may show the economy grew faster than
    initially estimated, adding to the case for the Federal Reserve to slow stimulus.

    ◾The U.S. currency was little changed at $1.3325 per euro as of 2:06 p.m. in Tokyo
    after strengthening 0.4 percent yesterday, the most since Aug. 21. The yen was little
    changed at 97.66 per dollar and 130.14 per euro.

    ◾USD/INR The rupee slumped 3.9 percent to 68.8450 per dollar in Mumbai yesterday,
    the biggest drop since 1993, according to prices from local banks
    compiled by Bloomberg. In an effort to stem the currency’s decline by
    reducing spot demand, the central bank said yesterday it will sell
    dollars to the nation’s biggest state-run crude oil importers through a
    swap facility.

    ◾India needs to immediately use its foreign exchange reserves to arrest the rupee’s record
    plunge as the weakening currency has the potential to send the economy into a “nosedive,”
    billionaire Adi India needs to immediately use its foreign exchange reserves to arrest
    the rupee’s record plunge as the weakening currency has the potential to send
    the economy into a “nosedive,” billionaire Adi Godrej said. rej said.

    ◾Godrej’s remarks come after Prime Minister Manmohan Singh’s government on Aug. 26
    won approval from the lower house of parliament for a landmark bill that expands
    the world’s biggest food program. The plan involves spending about 1.25 trillion rupees
    ($18 billion) in subsidies each year, potentially worsening a fiscal gap.

    ◾GBP/USD The pound strengthened from the lowest level in three weeks against the euro
    as Bank of England Governor Mark Carney failed to convince investors that the central bank
    will keep interest rates at an all-time low.

    ◾The pound strengthened 0.4 percent to 85.81 pence per euro at 4:24 p.m. London time,
    after depreciating 0.4 percent to 86.52 pence, the weakest level since Aug. 7.
    Sterling fell 0.1 percent to $1.5527 after dropping to $1.5429, the lowest since Aug. 14.

    ◾USD/CAD The Canadian currency weakened as speculation America and its allies will take
    military action against Syria boosted the U.S. dollar’s appeal as a haven.

    ◾The loonie, nicknamed for the image of the aquatic bird on
    the C$1 coin, depreciated as much as 0.4 percent, the most
    compared with closing prices since Aug. 22, to C$1.0511 per U.S.
    dollar before trading at C$1.0487 at 5 p.m. in Toronto, down 0.1
    percent. One Canadian dollar buys 95.36 U.S. cents.



    Commodities

    ◾Oil West Texas Intermediate oil fell
    from the highest settlement in more than two years, dropping for
    the first time in three days. U.S. crude stockpiles increased by
    2.99 million barrels last week, a government report showed.

    ◾WTI for October delivery fell as much as 99 cents to $109.11 a barrel in electronic
    trading on the New York Mercantile Exchange and was at $109.46 at 11:37 a.m. Singapore time.
    The volume of all futures traded was about 20 percent below the 100-day average.
    The contract climbed 1 percent to $110.10 yesterday, the highest close since May 3, 2011.

    ◾Brent for October settlement slid as much as 91 cents, or
    0.8 percent, to $115.70 a barrel on the London-based ICE Futures
    Europe exchange after closing yesterday at the highest since
    Feb. 19. The European benchmark crude was at a premium of $6.35
    to WTI futures, down from $6.51 yesterday.

    ◾Gold retreated from a three-month high spurred by tensions over Syria as
    U.S. economic data may reinforce the case for the Federal Reserve to slow stimulus
    and a technical indicator showed that prices were set to decline.

    ◾Bullion for immediate delivery lost as much as 0.7 percent to $1,407.95 an ounce
    was at $1,409.08 at 12:25 p.m. in Singapore, dropping for the first time in six days.
    Prices rallied to $1,433.83 yesterday, the highest level since May 14, on concern
    that the U.S. and its allies will launch a military strike against Syria
    in retaliation for its alleged use of chemical weapons.



    Equities

    ◾Asian stocks Asia’s benchmark stock index rose from a two-month low as energy
    shares increased after concern military action against Syria will disrupt global
    oil supplies fueled gains in crude prices this week.

    ◾The MSCI Asia Pacific Index rose 0.7 percent to 130.04 as of 2:23 p.m. in Tokyo,
    with eight of the 10 industry groups gaining on the gauge, which yesterday
    fell to the lowest close since June 27. The measure lost 2.4 percent this month through yesterday,
    wiping out all its 2013 increases. Investors also are awaiting a report on U.S. economic growth
    that may give signs on when the Federal Reserve will start paring stimulus.

    ◾European stocks dropped to the lowest level in six weeks as concern grew that the U.S.
    will take military action against Syria.

    ◾The Stoxx Europe 600 Index lost 0.4 percent to 297.89 at the close of trading,
    its lowest level since July 17. The gauge fell as much as 1.1 percent in intraday trading.
    It has still advanced 8.1 percent since this year’s low on June 24 as the European
    Central Bank pledged to keep interest rates low.

    ◾U.S stocks rose, with the Standard & Poor’s 500 Index rebounding from an eight-week low,
    as energy shares rallied and investors watched developments on Syria.

    ◾The S&P 500 rose 0.3 percent to 1,634.96 at 4 p.m. in New York. The index closed just
    short of its average level for the past 100 days of 1,638.27, after slipping below it yesterday
    for the first time since June. The Dow Jones Industrial Average advanced
    48.38 points, or 0.3 percent, to 14,824.51

  9. #29
    Atlas CapitalFx is offline Senior Member
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    Default

    Daily Market Outlook from ACFX 08/30/2013


    Important Financial Indicators of the day

    CAD - 15:30 (GMT) - GDP m/m - Forecast -0.4% - Previous 0.2%


    Currencies

    ◾EUR/USD The dollar reached the highest in four weeks against a basket of its
    peers before data forecast to show U.S. consumer spending rose for a third month,
    building the case for the Federal Reserve to reduce stimulus next month.

    ◾The U.S. currency slipped 0.2 percent to 98.14 yen from
    yesterday, when it advanced 0.7 percent, the most since Aug. 22.
    The greenback slid 0.1 percent to $1.3248 per euro, following a
    0.7 percent advance yesterday. The yen rose 0.2 percent to
    130.01 per euro.

    ◾GBP/USD The pound strengthened the most in
    three weeks versus the euro as optimism Britain’s economic
    growth is gathering pace boosted demand for the nation’s assets.

    ◾The pound strengthened 0.7 percent to 85.36 pence per euro at 4:29 p.m. London time,
    the biggest gain since Aug. 7. It advanced 0.3 percent yesterday after sliding to 86.52 pence,
    the weakest level since Aug. 7. The U.K. currency declined 0.2 percent to $1.5494.

    ◾USD/CAD Canada’s dollar fell to its lowest this week before a report tomorrow that may show
    the nation’s economy shrank in June the most since 2009, while a gain in U.S. growth boosted
    the case for that country to slow stimulus.

    ◾The loonie, as Canada’s currency is nicknamed for the image
    of the aquatic bird on the C$1 coin, depreciated 0.4 percent to
    C$1.0532 per U.S. dollar at 5 p.m. in Toronto. It touched
    C$1.0541, the weakest level since Aug. 23, and has lost 2.4
    percent in August. One loonie buys 94.95 U.S. cents.



    Commodities

    ◾Oil West Texas Intermediate crude fell for a second day after U.K. lawmakers rejected
    a motion for military action against Syria, reducing the prospect of an imminent
    strike and easing concern that unrest will disrupt Middle East oil supplies.

    ◾WTI for October delivery dropped as much as $2.05 to $106.75 a barrel in electronic trading
    on the New York Mercantile Exchange and was at $107.64 at 2:40 p.m. Sydney time. The contract
    lost 1.2 percent to $108.80 yesterday, declining from the highest close since May 2011.
    Prices are up 2.5 percent in August, poised for a third monthly gain.

    ◾Brent for October settlement decreased as much as $1.53, or
    1.3 percent, to $113.63 a barrel on the London-based ICE Futures
    Europe exchange. The European benchmark crude was at a premium
    of $6.69 to WTI, from $6.36 yesterday.

    ◾Gold swung between gains and losses as better-than-expected U.S. data backed the case for
    the Federal Reserve to cut stimulus, while the U.S. may proceed with a strike against Syria
    even after U.K. lawmakers rejected action

    ◾Bullion for immediate delivery gained and lost as least 0.3 percent, before trading 0.1 percent
    t higher at $1,409.74 an ounce at 11:56 a.m. in Singapore. Prices are heading for a second
    monthly advance in the best run since September. Gold for December delivery dropped 0.3
    percent to $1,409.40 an ounce on the Comex, paring a fourth weekly gain.



    Equities

    ◾Asian stocks swung between gains and
    losses, with energy producers leading declines as the price of
    oil fell after the U.K parliament voted against military strikes
    on Syria. Japanese utilities rose.

    ◾The MSCI Asia Pacific Index rose less than 0.1 percent to
    129.85 as of 1:13 p.m. in Tokyo, having swung between gains of
    as much as 0.5 percent and losses of 0.1 percent. The gauge is
    down 1.2 percent this week, a second week of losses, while it
    has dropped 1.8 percent this month.

    ◾U.S stocks rose, sending the
    Standard & Poor’s 500 Index higher for a second day, as data
    showed the economy expanded at a faster pace in the second
    quarter and concerns over Syria eased.

    ◾The S&P 500 rose 0.2 percent to 1,638.17 at 4 p.m. in New
    York, paring an earlier advance of as much as 0.7 percent. The
    Dow Jones Industrial Average gained 16.44 points, or 0.1
    percent, to 14,840.95.

  10. #30
    Atlas CapitalFx is offline Senior Member
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    Default Daily Market Outlook from ACFX 09/02/2013

    Daily Market Outlook from ACFX 09/02/2013


    Important Financial Indicators of the day

    GBP - 11:30 (GMT) - Manufacturing PMI - Forecast 55.2 - Previous 54.6



    Currencies

    ◾USD/JPY The yen fell against all of its major peers after speculators added to bearish
    bets on the currency and on signs Japan’s prime minister is making progress on policies
    that have helped weaken the currency.

    ◾The yen lost 0.5 percent to 98.64 per dollar as of 1:11 p.m. in Tokyo from the end
    of last week, when it capped a 0.6 percent weekly gain. Japan’s currency weakened 0.4 percent
    to 130.30 per euro from Aug. 30, when it reached 129.31, the strongest since Aug. 20.

    ◾AUD/USD The Australian and New Zealand dollars rallied from losses last week after Chinese
    government data showed manufacturing reached a 16-month high, bolstering the outlook for
    exports from both South Pacific nations.

    ◾Australia’s dollar rose 0.8 percent to 89.68 U.S. cents as of 2:40 p.m. in Sydney after touching
    88.93 on Aug. 30, matching the least since Aug. 5. It gained 1.2 percent to 88.44 yen

    ◾USD/CAD The Canadian currency fell for a third week as the possibility of a U.S. military strike
    against Syria damped appetite for riskier assets and burnished the haven appeal of the U.S. dollar.

    ◾The loonie, as Canada’s dollar is nicknamed for the image of the aquatic bird on the C$1 coin,
    lost 0.4 percent this week and dropped 2.5 percent this month.



    Commodities

    ◾Oil West Texas Intermediate crude fell for a third day after President Barack Obama said he’ll seek
    authorization from Congress before ordering military action against Syria, easing concern that
    an imminent strike would disrupt Middle East oil exports.

    ◾WTI for October delivery slid as much as $3.44 to $104.21 a barrel in electronic trading on the New York
    Mercantile Exchange and was at $106.11 at 2 p.m. Sydney time. The volume of all futures traded was
    almost double the 100-day average. The contract rose 1.2 percent last week and 2.5 percent in August,
    a third monthly gain.

    ◾Brent for October settlement decreased as much as $1.81, or 1.6 percent, to $112.20 a barrel on
    the London-based ICE Futures Europe exchange. The European benchmark crude was at a premium
    of $6.89 to WTI futures, from $6.36 on Aug. 30.

    ◾Gold fell as prospects for an attack against Syria receded, and on bets the U.S. Federal Reserve will
    start to pare stimulus as the economy improves. Silver halted a three-day drop as manufacturing in China
    sustained an expansion.

    ◾Spot gold lost as much as 1.6 percent to $1,373.38 an ounce, falling for a third day to the lowest level
    since Aug. 23. It traded at $1,389.79 at 9:54 a.m. in Singapore. Prices have retreated since reaching
    a three-month high of $1,433.83 on Aug. 28 as improving data supported the case for the Fed to start
    reducing the $85 billion in monthly asset purchases this month.



    Equities
    ◾Asian stocks gained for a third day after a gauge of China’s manufacturing rose to a 16-month high,
    boosting investor confidence in the global economic recovery.

    ◾The MSCI Asia Pacific Index advanced 0.8 percent to 131.25 as of 11:44 a.m. in Hong Kong. Almost
    two shares climbed for each that declined. The measure fell 1.6 percent in August, the third drop I
    n four months. The gauge rose 0.6 percent this year through Aug. 30, lagging a 15 percent surge
    in the Standard & Poor’s 500 Index as investors sold assets across the region on expectations
    the Federal Reserve will taper U.S. economic stimulus this month.

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