69% av ikke-profesjonelle kunder taper penger når de handler i CFD-er. Du bør vurdere om du har råd til å ta den høye risikoen for å tape pengene dine.


Santa Claus Rally gains momentum; can oil keep its rally going?

Santa Claus Rally gains momentum; can oil keep its rally going?

Yesterday’s strong finish to US trading has continued through Asia Pacific trading overnight and on into this morning’s UK and European trading with major indices across the pond posting 1% plus gains on the day so far. US indices are also trading higher but rising more slowly as traders await this morning’s economic reports. It’s the last full day of trading before the Christmas Break and it could be a busy won with a number of economic reports on the way. Crude oil is in particular focus today with traders looking to DOE inventories for confirmation of last night’s big API drawdown with the weekly Baker Hughes rig count also on the way. Overnight, WTI has been consolidating yesterday’s big rebound above $35.00 while gasoline has been picking up heading into its own report. Canadian stocks and CAD may be particularly active today not only on the oil related news but also with Canada monthly GDP and retail sales on the way which could give an indication on how well or how poorly Canada’s transition to a lower oil / lower loonie environment is proceeding. There is also a flurry of mid-tier US numbers on the way that could keep their pot simmering including personal income, durable goods, new home sales and more. Over the rest of the year, its fairly quiet for news except for Japan who is scheduled to report its main monthly economic numbers over the next several days. This could spark some trading activity in JPY pairs. We return in January to a busy week for news headlined by manufacturing PMI and US payrolls. Corporate News There have been no major corporate announcements so far today. Economic News Significant announcements released overnight include: US API crude oil inventories (3.6 mmbbls) vs street (0.6 mmbbls) UK GDP update 2.1% vs street 2.3% France GDP update 1.1% vs street 1.2% Norway unemployment rate 4.6% as expected Poland unemployment rate 9.7% as expected Italy retail sales 1.8% vs street 1.7% NZ trade balance ($779M) vs street ($810M) Singapore consumer prices (0.8%) vs street (0.7%) Singapore core CPI 0.2% vs street 0.4% Upcoming significant announcements include: 8:30 am EST Canada Oct GDP street 0.0% 8:30 am EST Canada retail sales street 0.4% 8:30 am EST Canada retail ex auto street 0.4% 8:30 am EST US personal income street 0.2% 8:30 am EST US personal spending street 0.3% 8:30 am EST US core PCE inflation street 1.3% 8:30 am EST US durable goods street (0.6%) 8:30 am EST US durables ex transport street 0.0% 10:00 am EST US new home sales street 505K 10:00 am EST US consumer sentiment street 92.0 10:30 am EST US DOE crude oil inventories street 1.2 mmbbls 10:30 am EST US gasoline inventories street 1.3 mmbbls 1:00 pm EST US Baker Hughes drill rig count previous 709 CMC Markets is an execution only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

CMC Markets er en ‘execution-only service’ leverandør. Dette materialet (uansett om det uttaler seg om meninger eller ikke) er kun til generell informasjon, og tar ikke hensyn til dine personlige forhold eller mål. Ingenting i dette materialet er (eller bør anses å være) økonomiske, investeringer eller andre råd som avhengighet bør plasseres på. Ingen mening gitt i materialet utgjør en anbefaling fra CMC Markets eller forfatteren om at en bestemt investering, sikkerhet, transaksjon eller investeringsstrategi. Denne informasjonen er ikke utarbeidet i samsvar med regelverket for investeringsanalyser. Selv om vi ikke uttrykkelig er forhindret fra å opptre før vi har gitt dette innholdet, prøver vi ikke å dra nytte av det før det blir formidlet.

Finanstilsynets standardiserte risikoadvarsel: CFDer er komplekse finansielle instrumenter og investeringer i disse innebærer høy risiko for å tape penger raskt, grunnet gearing. 69% av ikke-profesjonelle kunder taper penger når de handler i slike produkter med denne tilbyderen. Du bør vurdere om du forstår hvordan CFDer fungerer og om du har råd til å ta den høye risikoen for å tape pengene dine.