CFD Markets News and Forecasts — 09-08-2012

During the session, the dollar rose against the euro and yen, as it was reported that the central banks of the stimulus package set aside for the future. Also today, it became known, the yield of U.S. Treasury bonds reached its highest level in more than a month, while attracting investors.

The euro fell against most major currencies as the European Central Bank economists have cut growth forecast for the region in 2013 to 0.6% from 1%.

Pound throughout the day showed a stable decline, as the published data showed that the trade surplus in June fell more than expected.

The yen traded erratically against the dollar after the Bank of Japan refrained from increasing incentives. Bank of Japan kept its fund asset purchases of $ 45 trillion yen and lending funds to 25 trillion yen bag are his work. But the Japanese yen lost won against the dollar position after data showed that the U.S. trade deficit fell more than expected, as falling oil prices helped reduce the import of the state. The deficit was reduced by 11% in June to $ 42.9 billion, which was the lowest figure since December 2010.

New Zealand dollar fell after a report showed that the unemployment rate unexpectedly rose to 6.8%, which is a two-year maximum. In the first quarter, the figure was 6.7%.

The Australian dollar strengthened against most of the 16 major currencies. As shown by the data, the number of people employed in the country increased by 14,000 in July, compared with analysts' expectations at 10,000. The unemployment rate fell to 5.2% compared with the revised figure in June at 5.3%.

European stocks climbed for a fifth day as Nestle SA (NESN) posted sales growth that beat estimates and a report showed China’s inflation cooled, increasing speculation that policy makers will do more to stimulate the economy.

Nestle, which accounts for more than 3 % of the Stoxx Europe 600 Index (SXXP), advanced 2.4 % as higher prices helped to increase revenue. Novo Nordisk (NOVOB) A/S gained 1.3 % after the company raised its full-year sales and profit forecasts. Deutsche Telekom AG (DTE) slid 2 % after saying it has lost more customers in the U.S. than analysts had forecast.

The Stoxx 600 increased 0.3 % to 270.01, its highest level since March 19.

National benchmark indexes gained in 14 of the 18 western- European markets.

FTSE 100 5,851.51 +5.59 +0.10% CAC 40 3,456.71 +18.45 +0.54% DAX 6,964.99 -1.16 -0.02%

Nestle climbed 2.4 % to 61.05 Swiss francs after the world’s largest food company said sales increased 6.6 %, excluding acquisitions, divestments and currency shifts in the first half of the year.

Of the 261 companies listed on the Stoxx 600 that have reported half-yearly profit this earnings season, 155 have exceeded analysts’ projections, while 101 have missed them.

Novo Nordisk advanced 1.3 % to 938 kroner after the world’s largest insulin maker said 2012 revenue will jump 9 % to 12 % in local currencies, compared with a previous forecast for an increase of 8 % to 11 %. Operating profit in local currencies will climb 15 %, more than the previous prediction of 10 %.

Standard Chartered Plc (STAN) added 3.6 % to 1,363 pence as Chief Executive Officer Peter Sands said yesterday that a New York regulator had no grounds for revoking the lender’s license. The Department of Financial Services said that Standard Chartered had processed $250 billion of transactions with Iranian banks that were subject to sanctions.

Bankia SA (BKIA), the lender Spain nationalized in May, surged 19 % to 1.51 euros for the largest gain on the Stoxx 600. The shares have more than doubled in price since European Central Bank President Mario Draghi pledged on July 26 to do whatever it takes to preserve the euro.

Nokia Oyj (NOK1V), the smartphone maker that started using Microsoft Corp.’s operating system to revive its business, jumped 6.5 % to 2.28 euros after agreeing to sell its Qt app-tools unit to Digia Oyj.

Deutsche Telekom fell 2 % to 9.21 euros after Germany’s largest phone company said T-Mobile USA lost 557,000 contract customers in the second quarter, more than the 346,200 predicted by analysts.

Cable & Wireless Communications Plc (CWC) slid 2.2 % to 31.9 pence and BT Group Plc (BT/A) slipped 2.4 % to 216.3 pence.

Commerzbank AG (CBK) declined 4.2 % to 1.23 euros after projecting that net income in the second half of 2012 will fall below profit in the first half of the year. Germany’s second- largest lender also reported second-quarter net income that rose to 275 million euros from 24 million euros a year earlier. That topped the average analyst estimate of 270 million euros in a Bloomberg survey.

Crude oil futures traded near a three-month high as speculation that China will take further measures to stimulate economic growth due to signs of weakening demand in the U.S.

Also today it was reported that industrial production growth in China slowed, and inflation reduced the fourth consecutive month, providing more opportunities to boost the economy's second-largest oil consumer in the world. Consumer prices in July rose 1.8% year on year, compared with a gain of 2.2% in June.

The data also showed that U.S. oil consumption declined by 1.1% last week, showing in this first fall in the last four weeks. Against this background, OPEC cut its forecast for oil demand

But despite that, oil production in Iraq has grown by more than 3 million barrels a day last month for the first time since 2003.

The cost of the September futures on U.S. light crude oil WTI (Light Sweet Crude Oil) on the NYMEX rose to a high of $ 93.85 per barrel.

September futures price for North Sea Brent crude oil mixture increased to $ 112.47 a barrel on the ICE Futures Europe Exchange.

Gold prices have stabilized above $ 1610 per ounce, after declining during the day against the backdrop of the weakening euro and rumors of a possible stimulus measures by central banks of major countries.

Fluctuations in the price of precious metals today was caused by the release of Chinese data, which showed that the level of consumer price inflation fell to a 30-month low in July. In this connection there was the likelihood of further easing of the central bank in connection with the reduction of global economic growth.

Uncertainty over the timing and extent of any action to be taken by the Federal Reserve and European Central Bank to loosen monetary policy affect the price of gold, which this week traded in a narrow range.

The cost of the August futures for gold on COMEX has rose to 1616.7 dollars per ounce, and is now trading at around 1614.2 dollars per ounce.

EUR/USD $1.2300, $1.2305, $1.2315, $1.2400, $1.2500

USD/JPY Y78.00, Y78.15, Y79.10

EUR/JPY Y97.55, Y97.75, Y98.00

GBP/USD $1.5520, $1.5540, $1.5600, $1.5650

EUR/GBP stg0.7890, stg0.7900

AUD/USD $1.0550

U.S. stock futures were little changed as concern about Europe’s economy tempered data showing that jobless claims unexpectedly declined last week.

Global Stocks:

Nikkei  8,978.6 +97.44 +1.10%
Hang Seng 20,269.47 +203.95 +1.02%
Shanghai Composite 2,174.1 +13.11 +0.61%
FTSE  5,840.64 -5.28 -0.09%
CAC  3,432.6 -5.66 -0.16%
DAX 6,916.15 -50.00 -0.72%
Crude oil $93.84 +0,52%
Gold $1615.70 -0.02%

Cisco Systems added to Conviction Buy List at Goldman
Cisco Systems upgraded to Overweight from Neutral at Piper Jaffray

Data

01:30 Australia Unemployment rate July 5.2% 5.3% 5.2%
01:30 Australia Changing the number of employed July -27.0 +10.3 +14.0
01:30 China CPI y/y July +2.2% +1.7% +1.8%
01:30 China PPI y/y July -2.1% -2.6% -2.9%
03:00 Japan BoJ Interest Rate Decision - 0.10% 0.10% 0.10%
03:00 Japan BoJ Monetary Policy Statement -
05:00 Japan Consumer Confidence July 40.4 40.8 39.7
05:30 China Industrial Production y/y July +9.5% +9.8% +9.2%
05:30 China Retail Sales y/y July +13.7% +13.6% +13.1%
07:00 Japan BOJ Press Conference -
08:00 Eurozone ECB Monthly Report August
08:30 United Kingdom Trade in goods June -8.4 -8.5 -10.1

The euro shows a decline against the dollar for the third consecutive day. On this trend has affected the information that the European Central Bank economists have cut growth forecasts for 2013 to 0.6% from 1%. The single currency against the backdrop of such data has also declined against the yen.

The New Zealand dollar fell after a report showed that the unemployment rate unexpectedly rose to two-year high last quarter. The unemployment rate in the country increased to 6.8% in the second quarter from 6.7% in the first quarter.

The yen traded erratically against the dollar after the Bank of Japan refrained from increasing incentives. Bank of Japan kept its fund asset purchases of $ 45 trillion yen and lending funds to 25 trillion yen bag are his work.

The Australian dollar strengthened against most of the 16 major currencies. As shown by the data, the number of people employed in the country increased by 14,000 in July, compared with analysts' expectations at 10,000. The unemployment rate fell to 5.2% compared with the revised figure in June at 5.3%.

Asian currencies strengthened after China reported that inflation has declined substantially in July, while increasing the chance that politicians will take additional measures to stimulate economic growth

EUR/USD: during the European session, the pair has fallen sharply, updating the previous day at least

GBP/USD: a pair declined by more than half of the figure, losing half of yesterday's growth

USD/JPY: during the European session, the pair traded erratically, setting a minimum of around Y78.28, which is tested twice, but was never able to overcome the

EUR/USD

Ордера на продажу $1.2420, $1.2385, $1.2345/50

Ордера на покупку $1.2300, $1.2280/70, $1.2210/00

Bidding opened at the growth of the major indexes in Europe. This occurred against the backdrop of speculation about the possible actions of central banks to stimulate the world economy.

Strengthens the Hope for the beginning measures to stimulate the global economy macroeconomic data from China, where industrial production in July at an annual rate showed an increase of +9.2% +9.8% while the forecast. This decrease is observed the fourth consecutive month.

At the moment:

FTSE 100 5,847.96 +2.04 +0.03%

DAX 6,953.80 -12.35 -0.18%

CAC 3,443.66 +5.40 +0.16%

Nestle, reported better than expected earnings analitiki.Chistaya in the I half of 2012 amounted to 5.120 billion Swiss francs, while the forecast of 4.0 billion francs, while sales - 44.097 billion Swiss francs, while the forecast was 43.8 billion francs, in this Stock shares rose 1.84%.

Deutsche Telekom shares added 0.04% after the increase in the forecast for earnings in 2012, quotes Commerzbank fell 3.8%, due to underestimation of expected profits.

British bank Standard Chartered gained 3.57% after the statement of the credit institution that U.S. regulators have no right to freeze the activities of Standard Chartered in the United States. This week, Standard Chartered's capitalization fell by $ 16 billion, after U.S. regulators accused the bank of illegal transactions with Iran.

EUR/USD $1.2300, $1.2305, $1.2315, $1.2400, $1.2500

USD/JPY Y78.00, Y78.15, Y79.10

EUR/JPY Y97.55, Y97.75, Y98.00

GBP/USD $1.5520, $1.5540, $1.5600, $1.5650

EUR/GBP stg0.7890, stg0.7900

AUD/USD $1.0550

USD/CAD C$0.9975

Asian stocks rose, with the regional benchmark index extending a three-month high, as slowing gains in China’s inflation, industrial production and car sales boosted bets policy makers will add stimulus to support growth in the region’s biggest economy.

Nikkei 225 8,978.6 +97.44 +1.10%

S&P/ASX 200 4,308.3 -4.26 -0.10%

Shanghai Composite 2,174.1 +13.11 +0.61%

China Minsheng Banking Corp., the nation’s first non-state lender, rose 1.5 percent.

Rio Tinto (RIO) Group climbed 3.6 percent in Sydney after earnings beat estimates and the mining company said a plan to sell diamond assets is “well advanced.”

2012 HICP +2.3% (+2.3%), 2013 HICP +1.7% (+1.8%)

ECB Q3 SPF: 2012 GDP -0.3% (-0.2%), 2013 GDP +0.6% (+1.0%)

ECB Q3 SPF: 2012 unemp 11.2% (11%), 2013 unemp 11.4% (10.9%)

01:30 Australia Unemployment rate July 5.2% 5.3% 5.2%

01:30 Australia Changing the number of employed July -27.0 +10.3 +14.0

01:30 China CPI y/y July +2.2% +1.7% +1.8%

01:30 China PPI y/y July -2.1% -2.6% -2.9%

03:00 Japan BoJ Interest Rate Decision - 0.10% 0.10% 0.10%

03:00 Japan BoJ Monetary Policy Statement -

05:00 Japan Consumer Confidence July 40.4 40.8 39.7

05:30 China Industrial Production y/y July +9.5% +9.8% +9.2%

05:30 China Retail Sales y/y July +13.7% +13.6% +13.1%

07:00 Japan BOJ Press Conference

During the current session, the dollar showed mixed performance against other major currencies. The important news of the day, which influenced the course of trade, was the information that the rating agency Standard & Poor's revised its outlook on Greece to "negative" from "stable", stating that you may need further assistance from international lenders. But despite this, the long-term and short-term sovereign credit rating in foreign currency and local currency remained unchanged. Positive news of the day was the report, which states that labor productivity in the second quarter rose more than expected.

During the first half of the trading session, the euro declined against the dollar, and then was able to play more than half of the losses. In such a dynamic impact data on industrial production in Germany, which were far below expectations.

Pound at the beginning of the session fell sharply, but managed to recover from, updating the intraday high. Currency rose against the euro and U.S. dollar, when the governor of the Bank of England Governor Mervyn King signaled that the reduction in interest rates did not significantly alter the economic outlook. He also expressed less concern than expected on the market. King also warned that the drop in interest rates would be counterproductive, and it does not lead to significant improvement in the UK economy. Strengthening of the pound also contributed to less negative tone on inflation report, which notes that official data on the growth of gross domestic product exaggerate the underlying weakness of the economy.

Asian stocks rose, with the regional benchmark index trading near a three-month high, on speculation central banks from the U.S. to China will take steps to boost growth and after companies including Chimei Innolux Corp. beat estimates.

Nikkei 225 8,881.16 +77.85 +0.88%

S&P/ASX 200 4,312.56 +21.00 +0.49%

Shanghai Composite 2,160.99 +3.37 +0.16%

Kawasaki Kisen Kaisha Ltd. paced gains among Japanese shipping lines, rising 3.6 percent, before a report tomorrow expected to show inflation slowing in China, making room for policy easing in the world’s biggest commodities market.

Sumco Corp. and other chip-related companies advanced after Goldman Sachs Group Inc. boosted its outlook for the U.S. semiconductor industry.

Chimei Innolux gained 7 percent in Taiwan after the display maker reported a smaller-than-expected loss.

Change % Change Last

Oil 93.36 +0.01 +0.01%

Gold 1,616.50 +0.50 +0.03%

Change % Change Last

Nikkei 225 8,881.16 +77.85 +0.88%

S&P/ASX 200 4,312.56 +21.00 +0.49%

Shanghai Composite 2,160.99 +3.37 +0.16%

FTSE 100 5,845.92 +4.68 +0.08%

CAC 40 3,438.26 -15.02 -0.43%

DAX 6,966.15 -1.80 -0.03%

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,2365 -0,26%

GBP/USD $1,5657 +0,22%

USD/CHF Chf0,9715 +0,29%

USD/JPY Y78,43 -0,22%

EUR/JPY Y96,97 -0,47%

GBP/JPY Y122,78 +0,02%

AUD/USD $1,0571 +0,13%

NZD/USD $0,8154 +0,90%

USD/CAD C$0,9947 -0,21%

01:30 Australia Unemployment rate July 5.2% 5.3%

01:30 Australia Changing the number of employed July -27.0 +10.3

01:30 China CPI y/y July +2.2% +1.7%

01:30 China PPI y/y July -2.1% -2.6%

03:00 Japan BoJ Interest Rate Decision - 0.10% 0.10%

03:00 Japan BoJ Monetary Policy Statement -

05:00 Japan Consumer Confidence July 40.4 40.8

05:30 China Industrial Production y/y July +9.5% +9.8%

05:30 China Retail Sales y/y July +13.7% +13.6%

07:00 Japan BOJ Press Conference -

08:00 Eurozone ECB Monthly Report August

08:30 United Kingdom Trade in goods June -8.4 -8.5

12:15 Canada Housing Starts July 223 214

12:30 Canada Trade balance, billions June -0.8 -0.9

12:30 Canada New Housing Price Index June +0.3% +0.4%

12:30 U.S. International trade, bln June -48.7 -47.4

12:30 U.S. Initial Jobless Claims - 365 371

14:00 U.S. Wholesale Inventories June +0.3% +0.3%