CFD Markets News and Forecasts — 18-05-2014

Nikkei 14,096.59 -201.62 -1.41%

Hang Seng 22,712.91 -17.95 -0.08%

Shanghai Composite 2,026.5 +1.53 +0.08%

S&P 1,877.86 +7.01 +0.37%

NASDAQ 4,090.59 +21.30 +0.52%

Dow 16,491.31 +44.50 +0.27%

FTSE 1,361.54 +4.03 +0.30%

CAC 4,456.28 +11.35 +0.26%

DAX 9,629.1 -26.95 -0.28%

EUR/USD $1,3693 -0,12%

GBP/USD $1,6807 +0,11%

USD/CHF Chf0,8926 +0,21%

USD/JPY Y101,49 -0,08%

EUR/JPY Y138,98 -0,20%

GBP/JPY Y170,63 +0,07%

AUD/USD $0,9363 +0,10%

NZD/USD $0,8626 -0,21%

USD/CAD C$1,0859 -0,17%

07:00 Eurozone ECB's Jens Weidmann Speaks

09:00 Eurozone Construction Output, m/m March +0.1%

09:00 Eurozone Construction Output, y/y March +6.7%

10:00 Germany Bundesbank Monthly Report May

12:00 Canada Bank holiday

Stock indices traded mixed ahead of the Fed’s interest later in the day. Market participants expect the Fed will cut its monthly asset purchases by another $10 billion to $35 billion, but the Fed will keep its interest rate unchanged until 2015.

Shares of major energy companies rose due to higher oil prices. Violence in Iraq pushed up oil prices.

The Bank of England (BoE) released its June meeting minutes. The Bank of England policymakers were surprised that financial markets had not saw a higher chance of an interest rate hike in 2014. But there are still concerns over interest hike this year. The BoE said interest rise could reduce production capacity and it is difficult to revoke the decision.

Indexes on the close:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,778.56                              +11.79                        +0.17%

DAX                                      9,930.33                              +10.01                       +0.10%

CAC 40                                 4,530.37                                 -5.70                       -0.13%