Breaking News

markets cautious ahead of U.S. data.

News Date: 6/11/2015 00:54:09
Update Date: 6/11/2015 01:27:24

Asian shares reversed course, sneaking higher as speculation about a trade link being set up between China and Hong Kong by year end lifted China's Shanghai index 1.10%. Japan's Nikkei rose to its highest in ten weeks, gaining 0.93% for the day. Australia's S&P\ASX 200 index rose 0.32%, while Korea's KOSPI fell 0.37%. India's Nifty lost a meager 0.15%.


Wall Street ended Thursday's trading with modest losses, with Dow Jones down 4 points, or 0.02% to 17,863. S&P 500 fell 2.3 points, or 0.11% to 2,099. NASDAQ fell 14 points, or 0.29% to 5,127.


Dollar was almost flat against a basket of its major peers, rising 0.01% to 98.10. It rose 0.01% against Euro to 1.0882. It touched a fresh three-week high against Sterling at 1.5205. It rose 0.06% against Yen to 121.82.


Sterling stabilized after big losses yesterday. It rose 0.04% against Yen to 185.21. It was almost flat against Euro at 0.7158.


Brent futures for December gained 21 cents, or 0.44% to $48.32 a barrel. U.S. futures for December rose 30 cents, or 0.67% to $45.51 a barrel.


Canadian dollar was flat, trading at C$1.3168 per dollar, while Australian dollar rose 0.04% to $0.7146.


Gold futures are up 4 dollars, or 0.35% to $1,108.10 an ounce. Silver futures gained 2 cents, or 0.11% to $15 an ounce.


From U.K., Manufacturing production for September is forecast to come at 0.4% m\m, a touch less than August's 0.5%. A positive result would help Sterling recover from its dismal lows.


From U.S., the all important Non-Farm Payrolls is forecast to come at 181K for October. Coming at, or beating the forecast will almost certainly cause a drop in world stocks since it'd raise the possibilities for a rate hike in December.


From Canada, unemployment rate is forecast to be 7.1% for October, same as last month's, a lower result would push the loonie higher.   


Latest news

Advertising sources reported that the number of confirmed cases of Covid virus 19 reached 12 million and 800 thousand cases, as the largest number of infections was recorded with a total of 839,850 c
07-2020 13 03:43:07

On Friday, oil prices continued to harvest more losses, retreating to the lowest levels, with the high rate of coronavirus infections in the United States of America, and due to fears of isolation an
07-2020 10 06:16:09

Oil prices fell today, Wednesday, after the increase in crude inventories, which increases the fears of supply. Therefore, it is expected that US crude production will decline by 600 thousand barrels
07-2020 08 08:20:53

Corona virus infection in the United States of America reached its maximum, reaching two million, 840 thousand and 906 cases, according to the Centers for Disease Control yesterday, after it recorded
07-2020 06 00:36:17

After the long collapse, the American labor market is achieving some relative recovery, as the number of added jobs yesterday reached 4,800 million jobs, which exceeded all expectations, and came as
07-2020 03 00:34:55

More News