Market Overview 2017.10.31

31-10-2017 10:53:16
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EUR/USD

During the Asian trading, the euro has retained earnings since yesterday. This morning , the euro is exchanged for $ 1.1628, which at the beginning of the European session shows a gain of 0.1%. At 11:00, preliminary data on the growth of inflation and GDP in the euro zone for the third quarter are expected. At 13:30 hours, the data on wage costs (which companies and state services are paying to employees) is expected. At 3:00 pm, the Consumer Confidence Data in the United States will be published by the Conference Board, and sometime before the Chicago Indicator of Economic Activity in the Processing Sector (PMI).

EURUSD by SGT Markets Forex Broker and CFD | October 31, 2017

EURUSD indicators | October 31, 2017 | sgtmarkets.com

 

GBP/USD

During the Asian trading, the pound retained strong gains since yesterday against the dollar. Otherwise, the pound is in the stage of strengthening, and before the meeting of the Bank of England on Thursday, which is expected to increase the reference rate. This morning, this currency pair is at $ 1,3198 per pound, which means a pound increase of 0,01%. There are no major economic news and announcements from the UK today. At 13:30 hours, the data on wage costs (which companies and state services are paying to employees) is expected. At 3:00 pm, the Consumer Confidence Data in the United States will be published by the Conference Board, and sometime before the Chicago Indicator of Economic Activity in the Processing Sector (PMI).

GBPUSD by SGT Markets Forex Broker and CFD | October 31, 2017

GBPUSD indicators | October 31, 2017 | sgtmarkets.com

USD/JPY

During Asian trading, the Japanese yen is in a strengthening phase against the dollar. The Bank of Japan has decided to withhold the existing negative interest rate. This morning, this currency pair is traded at 113.11 yen per dollar, which at the beginning of the European session makes the yen stronger than the dollar by 0.06%. At 13:30 hours, the data on wage costs (which companies and state services are paying to employees) is expected. At 3:00 pm, the Consumer Confidence Data in the United States will be published by the Conference Board, and sometime before the Chicago Indicator of Economic Activity in the Processing Sector (PMI).

USDJPY by SGT Markets Forex Broker and CFD | October 31, 2017

USDJPY indicators | October 31, 2017 | sgtmarkets.com

GOLD

The price of gold has fallen during Asian trade, as the dollar is in the mild stage, and traders continue to evaluate the effects of the sale of (physical) gold at the height of the season when the demand is high. During Asian trading, gold prices fell by 0.04%.

GOLD by SGT Markets Forex Broker and CFD | October 31, 2017

GOLD indicators | October 31, 2017 | sgtmarkets.com

OIL

The price of crude oil receded during Asian trade due to news of a slightly stronger growth in US production. Before the end of the Asian session, crude oil is traded about $ 53.98 per barrel, which gives a drop of around 0.31%.

CRUDE OIL by SGT Markets Forex Broker and CFD | October 31, 2017

CRUDE OIL indicators | October 31, 2017 | sgtmarkets.com

DAX30

Dax30 rose 0.09% on Monday, closing at 13230 points. The winner of the day was Volkswagen-based company whose share rose 2.57%, and Linde loser (-1.9%). Today is a non-working holiday (reformation) in Germany.

DAX30 by SGT Markets Forex Broker and CFD | October 31, 2017

DAX30 indicators | October 31, 2017 | sgtmarkets.com