23/10/2013 - October Daily Review
- Mark Densel
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October 23 , 2013 - Daily Market News
Today saw assets : GBP, CAD
Asian stock as investors started to withdraw their profits after last week's growth of more than 1 % . 1.95 % and Chinese Japanese stock index Nikkei stock index Shanghai SE therefore end up losing 1.25 % . Despite yesterday's disappointing U.S. non- farm payrolls S & P500 index finished with a 0.6 % profit and the price of its historical maximum . Positive pressure on the American market, there was speculation on the evolution of monetary stimulus . Out of the NFP was not good due to the fact that , in March 2013, before the market hit its 85 billion dollar program will begin scaling back the forecast .
U.S. dollar weakened against all major pairs . EUR / USD is trading about 2 years maximum . The USD / JPY on the disappointing NFP reacted quite differently . We expect approximately 97.20 per pair with a delay in the actual decline . Looking back on a strong support level of 96.60 yen to the Japanese government , but we have a large trade deficit of the balance of the strong yen , due to the fight that should not be forgotten .
The main events :
8:30 GMT : GBP - MPC Asset Purchase Facility votes - MPC members vote on Amount of money to make up for the program . Individual votes MPC meeting minutes are released after 2 weeks .
8:30 GMT : GBP - MPC official Bank Rate Votes - MPC members increase / decrease / how many voted to hold rates .
12.30 GMT : USD - import prices - buy local change in the price of imported goods and services .
14.00 GMT : CAD - BOC Rate Statement of - BOC uses to communicate with investors about monetary policy is the primary tool . The interest rates and commentary about the economic conditions that influenced their decision on the outcome of their decision . Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions .
21:45 GMT : NZD - Trade Balance - Five reports the difference in value between imported and exported goods and services measures . A positive number imported more goods and services were exported than that suggests .