Optimus Markets
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- Mar 14, 2018
- Messages
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Financial market news
US Markets
On Tuesday, the US market began to decline due to concerns over the growth in yields of US government bonds. Ten-year securities are traded at a yield of 3%. Thus, they have an impact on the fundamental estimates of risky assets. The recent forecast of a decrease in demand for the smartphone industry has put a heavy pressure on the technology sector. The dollar remains strong against world currencies, demand for cash currency due to the fall of the debt market supports the US currency. Futures S & P500 today is down 0.1%.
Asian Markets
MSCI Asia is down 0.7%. Japanese Nikkei today in the red at 0.3%. Support is provided by the weak yen.
In the wake of the American market, the Asian one, including the IT sector, is being adjusted. However, some support is rumored that the financial authorities can once again reduce the mandatory reserve requirement for banks, flooding the system with liquidity.
China reduced imports from the US by 26.6%, giving priority to imports from Brazil. US officials say that China has stepped back from the promised economic reforms aimed at its openness. Meanwhile, Trump writes about "good chances" for reaching a trade agreement with China, where Finance Minister Stephen Mnuchin should come for discussion.
Because of the drawdown in the technology sector in Hong Kong today, the negative dynamics Also declining banks and insurance companies. Slightly better than the market look oil and gas issuers, although they are still traded on negative territory.
Raw materials and metals
Gold is down by 0.35%. The growth of profitability of risk-free instruments and expensive dollar pressure on quotes of precious metals. Industrial metals are falling on the rising dollar and lack of demand for risky assets. Copper is reduced by 0.2%. Nickel grows by 0.2%. Aluminum is losing another 1.9% today after easing sanctions against Rusal. American consumers of aluminum urge the White House not to introduce quotas on metal for countries previously excluded from the list. The jobs in the US in the industry today are largely dependent on metal imports. Negative for aluminum came also from Iran, where next year I plan to start a plant that will make the country self-sufficient, increasing metal production by 70%.
Steel in China continues to grow (+ 0.5%) to a seven-week high against the backdrop of a 21% drop in reinforcement stocks on the stock exchange. Iron ore at the same time in a small minus, coking coal loses 1%. Support for the industry has a seasonal increase in demand from the construction sector.
Oil is adjusted from three-year highs after data on reserves. For a barrel, Brent is given $ 73.8, down 0.1% from yesterday's close. Reserves of crude oil, API version for the week increased by 1 million barrels.
https://optimusmarkets.com/
US Markets
On Tuesday, the US market began to decline due to concerns over the growth in yields of US government bonds. Ten-year securities are traded at a yield of 3%. Thus, they have an impact on the fundamental estimates of risky assets. The recent forecast of a decrease in demand for the smartphone industry has put a heavy pressure on the technology sector. The dollar remains strong against world currencies, demand for cash currency due to the fall of the debt market supports the US currency. Futures S & P500 today is down 0.1%.
Asian Markets
MSCI Asia is down 0.7%. Japanese Nikkei today in the red at 0.3%. Support is provided by the weak yen.
In the wake of the American market, the Asian one, including the IT sector, is being adjusted. However, some support is rumored that the financial authorities can once again reduce the mandatory reserve requirement for banks, flooding the system with liquidity.
China reduced imports from the US by 26.6%, giving priority to imports from Brazil. US officials say that China has stepped back from the promised economic reforms aimed at its openness. Meanwhile, Trump writes about "good chances" for reaching a trade agreement with China, where Finance Minister Stephen Mnuchin should come for discussion.
Because of the drawdown in the technology sector in Hong Kong today, the negative dynamics Also declining banks and insurance companies. Slightly better than the market look oil and gas issuers, although they are still traded on negative territory.
Raw materials and metals
Gold is down by 0.35%. The growth of profitability of risk-free instruments and expensive dollar pressure on quotes of precious metals. Industrial metals are falling on the rising dollar and lack of demand for risky assets. Copper is reduced by 0.2%. Nickel grows by 0.2%. Aluminum is losing another 1.9% today after easing sanctions against Rusal. American consumers of aluminum urge the White House not to introduce quotas on metal for countries previously excluded from the list. The jobs in the US in the industry today are largely dependent on metal imports. Negative for aluminum came also from Iran, where next year I plan to start a plant that will make the country self-sufficient, increasing metal production by 70%.
Steel in China continues to grow (+ 0.5%) to a seven-week high against the backdrop of a 21% drop in reinforcement stocks on the stock exchange. Iron ore at the same time in a small minus, coking coal loses 1%. Support for the industry has a seasonal increase in demand from the construction sector.
Oil is adjusted from three-year highs after data on reserves. For a barrel, Brent is given $ 73.8, down 0.1% from yesterday's close. Reserves of crude oil, API version for the week increased by 1 million barrels.
https://optimusmarkets.com/
