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  #41  
Old 06-07-2017, 04:21 PM
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EUROPEAN SHARES START LOWER IN CAUTIOUS TRADE
08:05 07.06.2017


On Wednesday, European stocks started lower because traders were still cautious ahead of Thursday’s British election and also the ECB’s policy decision.

Germany’s DAX 30 sank 0.26%, the EURO STOXX 50 dipped 0.13% and France’s CAC 40 tumbled 0.15%.

Hopes are surging that the ECB could keep to a less dovish tone at its gathering on Thursday after recent economic data indicated that the revival in the common currency is deepening.

Investors were also looking forward to the first round of French parliamentary elections on Sunday. According to the latest surveys, the party of President Emmanuel Macron is set to grasp the greatest parliamentary majority since 1968.

Financial stocks were mostly lower. It’s because French lenders Societe Generale along with BNP Paribas moved down respectively 0.08% and 0.13%. Germany’s Deutsche Bank headed south 0.41%.

The FTSE 100 sank 0.14% in London, suppressed by losses in the mining sector.


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  #42  
Old 06-08-2017, 04:35 PM
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CRUDE DRIFTS AWAY FROM THE WORST DAY IN 2 WEEKS
08:17 08.06.2017



On Thursday, crude added in European trade, just one day after ts biggest loss in two weeks when data showed a shocking build in American crude stockpiles.

July delivery US West Texas Intermediate crude futures hit $46.03 a barrel, rising 0.7%. On Wednesday, the contract concluded down more than 5%, having reached its lowest since May 9 at $45.65.

August delivery Brent futures gained 39 cents in London, showing $48.45 a barrel. During the previous trading session the global benchmark reached $47.96, a value not observed since May 5.

On Wednesday, crude prices settled at their lowest value in nearly a month. It’s because data revealed that American crude stockpiles suddenly soared for the first time in nine weeks.

According to the US Energy Information Administration, crude inventories added by 3.3 million barrels by June 2, thus ruining hopes for a crude-stock dip of 3.4 million barrels.

Additionally, gasoline inventories went up by 3.3 million barrels.

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  #43  
Old 06-09-2017, 08:15 PM
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IN APRIL BRITISH MANUFACTURING OUTPUT SOARS LESS THAN EXPECTED
10:32 09.06.2017


In April, manufacturing and industrial production in Great Britain leapt less than expected, thus underlining worries over the UK economy notwithstanding breaking three straight months of dips, as official data disclosed on Friday.

The UK Office for National Statistics unveiled that in April manufacturing output soared by a seasonally adjusted 0.2%, which is worse than hopes for a revenue of 0.9% and following a sag of 0.6% last month.

In April, on an annualized basis, manufacturing production was intact, which is below predictions for a 0.7% leap and after ascending at a rate of 2.2% last month.

Aside from that the report disclosed that in April industrial output soared by a seasonally adjusted 0.2%. It doesn’t match predictions for a 0.8% soar as well as the 0.5% tumble last month.

Year-on-year, industrial output went down 0.8% in April, which is worse than hopes for a 0.2% sag and following the 1.4% jump registered the previous month.

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  #44  
Old 06-12-2017, 05:28 PM
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BRITISH POUND STABILIZES
08:16 12.06.2017



On Monday, the British pound stabilized because British Prime Minister Theresa May struggled to pick up the pieces and reunite her Conservative Party following a disastrous election, which could potentially disrupt Brexit talks.

The British pound last traded at $1.2756, soaring 0.1% on the day, having lost 1.7% on Friday, which is its biggest one-day sag in nearly eight months.

The pound had inched down 2.5% in the previous trading session to its lowest value since mid-April after no single party managed to win a clear claim to power in the British election on Thursday. The given outcome drove uncertainty in the financial markets.

Talks on the UK’s exit from the European Union will start next Monday.

The common currency went up 0.1%, being worth $1.1208, keeping below a seven-month peak of $1.1285 reached in early June.

The greenback was intact at 110.29 yen, having rebounded from Friday's one-week peak of 110.815 yen.
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  #45  
Old 06-13-2017, 06:57 PM
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CANADIAN DOLLAR SOARS, REACTING TO HAWKISH MAJOR BANK COMMENTS
06:52 13.06.2017



On Tuesday, the Canadian dollar went up to its highest level in almost two months, buoyed by hawkish comments from Canada's major financial institution, while worries regarding UK political uncertainty suppressed the British pound.

At one point, Canada’s currency demonstrated its best outcome since April 17, hitting C$1.3274 per greenback, extending revenues after soaring more than 1% on Monday. The Canadian dollar last traded at C$1.3293, tacking on approximately 0.2% on the day.

On Monday, Bank of Canada Senior Deputy Governor Carolyn Wilkins told that first-quarter surge turned to be impressive enough and the signs that economic growth was extending would lead the major bank to consider whether current low interest rates would still be actual.

The British pound dropped 0.1%, hitting $1.2653, having lost 2.3% two days ago.

Against the Japanese yen, the evergreen buck was intact, keeping to 109.97. As for the common currency, it dropped 0.1%, being worth $1.1193.



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  #46  
Old 06-19-2017, 06:34 PM
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GOLD EDGES DOWN TO THE LOWEST VALUE IN 4 WEEKS
10:15 19.06.2017


On Monday, gold dipped to the lowest value in four weeks in European trade because traders looked ahead to a busy week of Fed speakers for more signals on future monetary policy moves.

In New York, gold futures hit $1,253.74 a troy ounce, sliding 0.2%. Overnight the number one precious metal dipped to $1,252.20, which is the lowest value since May 24.

Besides this, silver futures lost approximately 0.3%, reaching $16.60 a troy ounce, having reached its lowest value since May 19 at $16.58.

The previous week, the Fed increased interest rates as expected and also maintained ambitious plans to go ahead with another rate lift by year-end. Additionally, the US major bank also provided more details as for how it intends to reduce its huge $4.5 trillion balance sheet.

Notwithstanding the Fed's quite hawkish message, investors remained doubtful as for the major bank's ability to lift rates as much as it would like before the end of 2017 because of a recent run of dismal American economic data.



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  #47  
Old 06-20-2017, 04:39 PM
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GREENBACK SURGES AGAINST YEN AFTER FED'S DUDLEY DEMONSTRATES HAWKISH TONE
08:13 20.06.2017



On Tuesday, the greenback hit a more than three-week peak versus the Japanese yen after an influential Federal Reserve official told that American inflation might inch up alongside wages, thus backing hopes for the Fed to keep lifting interest rates.

The US dollar went up to 111.775 yen, hitting its strongest value since May 26. It marked a profit of nearly 2.7% from the greenback’s 2-month minimum of 108.81 yen hit on June 14.

The major American currency last traded at 111.67 yen, gaining 0.1% on the day.

On Monday, the greenback gained when New York Fed President William Dudley told that tightening in the labor market would underpin inflation.

It helped to compensate worries among some market participants that surprisingly low inflation could prevent the major US bank from lifting interest rates further in 2017.

The common currency inched up 0.1%, being worth $1.1156.

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  #48  
Old 06-21-2017, 04:37 PM
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EURUSD DI BAWAH TEKANAN NEGATIF - ANALISIS - 21-06-2017
06:08 21.06.2017



Pasangan EURUSD diniagakan negatif semalam menuju ke arah sasaran kami di sekitar 1.1060, yang mewakili 23.6% tahap pembetulan Fibonacci untuk gelombang kenaikan harga terakhir, dan bias penurunan harga akan kekal diperhatikan oleh kami selagi harga berada di bawah 1.1215, di mana melanggar tahap ini akan menghentikan arus Tekanan penurunan harga menurun dan menolak harga untuk meneruskan semula aliran harga utama. Adalah penting untuk memantau tingkah laku harga apabila mencapai tahap 1.1060, di mana memecahnya akan menolak harga untuk melanjutkan pembetulan penurunan harga dan menargetkan tahap 1.0922 sebelum sebarang cubaan baru meningkat.

Jangkaan dagangan dijangka untuk hari ini adalah antara sokongan 1.1000 dan rintangan 1.1215.

Trend yang dijangka untuk hari ini: Bearish

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