CFD Markets News and Forecasts — 16-11-2014

(raw materials / closing price /% change)

Light Crude 75.93 +0.15%

Gold 1,187.90 +0.19%

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

Nikkei 225 17,490.83 +98.04 +0.56 %

Hang Seng 24,087.38 +67.44 +0.28 %

Shanghai Composite 2,479.18 -6.42 -0.26 %

FTSE 100 6,654.37 +18.92 +0.29 %

CAC 40 4,202.46 +14.51 +0.35 %

Xetra DAX 9,252.94 +4.43 +0.05 %

S&P 500 2,039.82 +0.49 +0.02 %

NASDAQ Composite 4,688.54 +8.40 +0.18 %

Dow Jones 17,634.74 -18.05 -0.10 %

(pare/closed(GMT +2)/change, %)

EUR/USD $1,2526 +0,40%

GBP/USD $1,5670 -0,27%

USD/CHF Chf0,9588 -0,47%

USD/JPY Y116,28 +0,45%

EUR/JPY Y145,64 +0,84%

GBP/JPY Y182,19 +0,19%

AUD/USD $0,8757 +0,42%

NZD/USD $0,7911 +0,39%

USD/CAD C$1,1275 -0,80%

(time / country / index / period / previous value / forecast)

00:01 United Kingdom Rightmove House Price Index (MoM) November +2.6%

00:01 United Kingdom Rightmove House Price Index (YoY) November +7.6%

00:30 Australia New Motor Vehicle Sales (MoM) October +2.9%

00:30 Australia New Motor Vehicle Sales (YoY) October +0.8%

10:00 Eurozone Trade Balance s.a. September 15.8 16.2

10:00 Germany Bundesbank Monthly Report

13:30 Canada Foreign Securities Purchases September 10.28 11.32

13:30 U.S. NY Fed Empire State manufacturing index October 6.2 12.1

14:00 Eurozone ECB President Mario Draghi Speaks

14:15 U.S. Industrial Production (MoM) October +1.0% +0.2%

14:15 U.S. Capacity Utilization October 79.3% 79.3%

23:00 Australia Conference Board Australia Leading Index September -0.2%

Today BoE said the weakened global economic outlook and low growth are a threat to U.K.'s financial stability. There is a danger that investors question the sustainability in debt as the economies in the Eurozone and Asia deteriorate and a low inflation could result in lower growth and increase the burden of existing debts. Risks in U.K.'s housing market have not increased since June but high household indebtedness poses a risk.

A set of key U.K. data was published at 09:30 GMT. The Retail Price Index declined by -0.2% in November from prior 0.0% and predicted +0.1%. On a yearly basis it declined to +2.0%. The RPI-X that excludes the volatile energy cost and food items, declined by 0.4% to + 2.0%. The Producer Price Index - Input, that reflects the inflationary pressures from manufacturers on the economy declined by -1.0%. on a monthly basis - less than the predicted -1.1%, year on year -8-8%. Analysts forecasted a decline by -8.3%. The Producer Price Index - Output Index rose +0.2%, beating forecasts predicting a decline by -0.3%. The HICP slowed to 1.0% last month from 1.3% in November year on year. It was the lowest rate of inflation since September 2002 and was below forecasts of 1.2%. On a monthly basis the index declined to -0.3%, 0.4% below forecasts and below the reading of +0.1% in the previous month. The HICP ex EFAT (that excludes the volatile energy cost and food items) slowed to +1.2%, not meeting forecast of +1.5%.

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual

00:01 United Kingdom Rightmove House Price Index (MoM) November +2.6% -1.7%

00:01 United Kingdom Rightmove House Price Index (YoY) November +7.6% +8.5%

00:30 Australia New Motor Vehicle Sales (MoM) October +2.9% +1.6%

00:30 Australia New Motor Vehicle Sales (YoY) October +0.8% -0.5%

The U.S. dollar traded weaker against its peers during Asian Trade. The greenback is trading flat against the euro after Friday's losses. The preliminary University of Michigan's consumer sentiment index published on Friday rose to 89.4 beating forecasts predicting 87.5 and data showing that U.S. inflation expectations fell.

The Australian dollar is currently trading flat against the U.S. dollar after recovering from early losses followed by gains in Friday's trading.

The Kiwi is trading higher against the U.S. dollar after a volatile trading session on Friday and comments by Reserve Bank of New Zealand Governor Graeme Wheeler earlier in the week that the exchange rate is "unjustified" and "further increases in short term interest rates may be required".

The Japanese yen currently trading at USD115.67 recovered against the greenback after hitting a new seven-year low at USD 117.05. Preliminary data on the Japanese GDP showed that Japan unexpectedly fell into recession and the Nikkei declined. Preliminary GDP for the third quarter declined -1.5% compared with a forecast of +2.1% after losing -7.3% in the previous quarter reinforcing speculations that Prime Minister Abe will postpone a sales tax hike.

EUR/USD: the euro trading flat greenback

USD/JPY: the U.S. dollar traded weaker against the Japanese yen after new seven-year highs

GPB/USD: The British pound traded stronger against the U.S. dollar

The most important news that are expected (GMT0):

10:00 Eurozone Trade Balance s.a. September 15.8 16.2

10:00 Germany Bundesbank Monthly Report

13:30 Canada Foreign Securities Purchases September 10.28 11.32

13:30 U.S. NY Fed Empire State manufacturing index October 6.2 12.1

14:00 Eurozone ECB President Mario Draghi Speaks

14:15 U.S. Industrial Production (MoM) October +1.0% +0.2%

14:15 U.S. Capacity Utilization October 79.3% 79.3%

23:00 Australia Conference Board Australia Leading Index September -0.2%