Market Overview 2017.11.02

02-11-2017 12:20:10
Back to Market News

Facebooktwitter

EUR/USD

During the Asian trading, the euro strengthened against the dollar. Yesterday’s Fed’s decision on the interest rate was expected (it remained at the current level), but it was confirmed that the third increase this year will occur in December, which is nothing new for (already) embedded expectations in the exchange rate of this currency pair. At around 08:30, the euro is exchanged for $ 1.1659, which at the beginning of the European session shows the strengthening of the euro by 0.34%. At 9:55 am, an indicator of the (sentiment) of economic activity in Germany and the unemployment rate will be published. At 13:30, the US labor market information (on the number of newly employed persons on a weekly basis) will be published. At that time, a member of the Monetary Committee of the Fed, Jerome Powell, will also speak, which represents the most serious candidate for successor Janet Jelen.

EURUSD by SGT Markets Forex Broker and CFD | November 02, 2017

EURUSD indicators | November 02, 2017 | sgtmarkets.com

GBP / USD

During the Asian trading, the pound retained big winnings from Monday. At around 08:30, this currency pair is at $ 1.3274 for one pound, which means a pound increase of 0.22%. At 10:30, the sentiment indicator on economic activity in the UK construction sector will be published for October. Today is the meeting of the Bank of England, which is expected to make a decision to increase the interest rate, the first time since the beginning of the global financial crisis ten years ago. The inflation report for the British economy will be announced at 1:00 pm, and half a time later, Mark Carney, the Governor of the Bank of England, is expected to address. On the other hand, at 1:30 pm, the US labor market information (on the number of newly employed persons on a weekly basis) will be published. At that time, a member of the Monetary Committee of the Fed, Jerome Powell, will also speak, which represents the most serious candidate for successor Janet Jelen.

GBPUSD by SGT Markets Forex Broker and CFD | November 02, 2017

GBPUSD indicators | November 02, 2017 | sgtmarkets.com

USD / JPY

During the Asian trade, the Japanese yen strengthened against the dollar. Yesterday’s Federal Reserve’s decision on the interest rate was expected (it remained at the current level). At around 8:35 am, this currency pair is traded at 113.98 yen per dollar, which at the beginning of the European session makes the yen stronger against the dollar by 0.17%. At 13:30, the US labor market data (on the number of newly employed persons on a weekly basis) will be published. At that time, a member of the Monetary Committee of the Fed, Jerome Powell, will also speak, which represents the most serious candidate for successor Janet Jelen.

USDJPY by SGT Markets Forex Broker and CFD | November 02, 2017

USDJPY indicators | November 02, 2017 | sgtmarkets.com

GOLD

The gold price stagnated during Asian trade, although in the first part of the session it was in an upward trend. Yesterday’s Fed decision on the interest rate was expected (it remained at the current level), but the conviction was confirmed that the third increase this year will occur in December. During Asian trading, the price of gold rose by 0.01%.

GOLD by SGT Markets Forex Broker and CFD | November 02, 2017

GOLD indicators | November 02, 2017 | sgtmarkets.com

OIL

Crude oil prices stagnated mainly during Asian trade. Yesterday there was a decline in inventories in the United States, but the news about the growth of production, which had a zero effect on the price of oil, was also recorded. At the end of the Asian session, crude oil is traded about $ 54.31 per barrel, which gives an increase of about 0.02%.

CRUDE OIL by SGT Markets Forex Broker and CFD | November 02, 2017

CRUDE OIL indicators | November 02, 2017 | sgtmarkets.com

DAX30

Dax30 rose strongly on Wednesday (+ 1.78%), closing at 13466 points. The winner of the day was Infineon, whose share rose 4.17%, and the Probibensat media loser (-2.59%). At 9:55 am, an indicator of the (sentiment) of economic activity in Germany and the unemployment rate will be published.

DAX30 by SGT Markets Forex Broker and CFD | November 02, 2017

DAX30 indicators | November 02, 2017 | sgtmarkets.com