Breaking News

Aussie jumps after surprising data.

News Date: 12/11/2015 00:53:25
Update Date: 12/11/2015 00:55:34
Australia added 58.6K to its work force in October, vastly surpassing the 14.8K addition expected, pushing the unemployment rate down to a five-month low at 5.9%. The positive results helped Australia's main index S&P\ASX 200 rise 0.21%, while the Aussie rallied 1.06% to $0.7136.

Japan's core machinery orders rose by 7.5% m\m in September, helping Japan's Nikkei erase earlier losses and gain 0.07% on Thursday. Korea's Central bank kept interest rate unchanged for the fifth straight month, in a move that didn't help Korea's KOSPI index, which fell 0.27%. China's Shanghai fell 1%, while India's Nifty rose 0.54%.

Wall Street ended Wednesday's trading with losses, with Dow Jones down 55 points, or 0.32% to 17,702. NASDAQ fell 16 points, or 0.32% to 5,067. S&P 500 lost 6.7 points, or 0.32% to 2,075.

Dollar edged down, with its index off by 0.08% to 98.97. It lost 0.12% against Euro to 1.0755. It fell 0.04% against Sterling to 1.5219. Yen rose 0.06% against the dollar to 122.93.

Euro inched higher, with its index up 0.14% to 86.63. It gained 0.10% against Sterling to 0.7068. It gained 0.16% against Yen to 132.21.

U.S. crude futures recovered some of its losses, rising 28 cents, or 0.65% to $43.21 a barrel. Brent futures for December gained 29 cents, or 0.61% to $46.93 a barrel.

Gold futures rose $2.50, or 0.23% to $1,087.40 an ounce, while Silver futures gained eight cents, or 0.57% to $14.34 an ounce.

The Eurozone industrial production for September is forecast to have fallen 0.1% m\m. Any negative result would weigh on the Euro's stunted recovery.

from U.S., unemployment claims are forecast at 270K for last week, slightly lower than the previous week's 276K. Lower claims mean less job layoffs, which is greatly positive for the Dollar.

Also from U.S., crude oil inventories are forecast to have grown a tiny 0.8M in the last week, lower than the previous week's 2.8M rise. Higher inventories are a sign of a supply glut, which puts bearish pressure on oil prices.

Latest news

Concerns about a lack of oil production and rising inflation have multiplied, after OPEC + announced the largest supply cut since 2020 before the European Union banned Russian energy, which caused a
10-2022 06 05:42:21

Crude oil futures declined. According to the New York Stock Exchange, crude oil futures were traded in November at a price of 86.12 dollars a barrel, ie, it decreased by 0.46%. And in light of OPEC
10-2022 05 04:16:02

The US dollar fell to its lowest level in two weeks at the beginning of trading on Tuesday, due to the high risk sentiment, while the sterling pound maintained its recent gains after the British gove
10-2022 04 07:12:28

Japanese stocks opened today’s trading on a positive note, dragging its indices to the upside, especially chips and energy stocks. So, the Nikkei index rose by 1.07% to reach 26,215.79 points,
10-2022 03 03:36:24

Wall Street closed yesterday evening sharply lower, because of some economic concerns related to inflation, which could reflect negatively on the US economy, not also this, but also the investor's c
09-2022 30 03:07:57

More News