79 procent av alla icke-professionella kunder förlorar pengar på CFD-handel hos den här leverantören. Du bör tänka efter om du har råd med den stora risk som finns för att du kommer att förlora dina pengar.

News

Crude Oil climbs as stimulus boosts demand expectations, SEK retreats on deflation fears

CMC Markets

The implications of weekend developments in China combined with Thursday’s ECB stimulus decision, and Friday’s Goldilocks (not too hot, not too cold) US employment report continue to work through markets to start the week. On the weekend, China’s trade surplus and Japan’s GDP beat expectations, indicating that their economies are starting to improve. This indicates that other economies besides the US and UK are getting up off their knees. Adding to this new stimulus for Europe and another round of targeted stimulus in China (focusing on farmers and agriculture this time on top of rural areas and small businesses recently), the outlook for the global economy and resource demand continues to improve. This has helped to give crude oil and gasoline prices a boost today along with gold, although surprisingly, China-sensitive copper has not taken part in this rally. It also has helped to spark renewed interest in resource dollars with AUD, CAD and NZD rising to the top of the pack, positive housing starts also helping to shore up the loonie. On the other hand, European continental currencies remain soft on anticipation of more stimulus to come which could depress the value of currencies. EUR and the pegged DKK and CHF continue to fall from Thursday’s ECB announcements. SEK has joined the decline, falling on anticipation of interest rate cuts in Sweden after Riksbank Deputy Governor Ekholm indicated Friday that the country faces serious deflation risks and a housing price survey fell back today. US indices are consolidating Friday’s gains as is to be expected following last week’s big moves and limited economic news today. Economic News Economic reports released overnight and this morning include: The PBOC announced cuts to bank reserve requirements in rural areas (200 bps for rural commercial banks and 50 bps for rural co-operative banks) in a bid to boost lending to farmers and the agricultural sector. China trade balance $35.9B vs street $22.6B China exports 7.0% vs street 6.7% China imports (1.6%) vs street 6.0% Japan GDP annualized 6.7% vs street 5.6% and previous 5.9% Sweden SEB house prices 56 vs previous 60 Canada housing starts 198K vs street 185K Economic reports due later today include: There are no major economic announcements today but there are a number of speeches of note, including RBA Governor Stevens, FOMC members Bullard, Tarulle and Rosengren, and IMF President Lagarde; plus Australia PM Abbot visits Canada


CMC Markets erbjuder sin tjänst som ”execution only”. Detta material (antingen uttryckt eller inte) är endast för allmän information och tar inte hänsyn till dina personliga omständigheter eller mål. Ingenting i detta material är (eller bör anses vara) finansiella, investeringar eller andra råd som beroende bör läggas på. Inget yttrande i materialet utgör en rekommendation från CMC Markets eller författaren om en viss investering, säkerhet, transaktion eller investeringsstrategi. Detta innehåll har inte skapats i enlighet med de regler som finns för oberoende investeringsrådgivning. Även om vi inte uttryckligen hindras från att handla innan vi har tillhandhållit detta innehåll försöker vi inte dra nytta av det innan det sprids.

Standardiserad riskvarning: CFD-kontrakt är komplexa instrument som innebär stor risk för snabba förluster på grund av hävstången. 79 procent av alla icke-professionella kunder förlorar pengar på CFD-handel hos den här leverantören. Du bör tänka efter om du förstår hur CFD-kontrakt fungerar och om du har råd med den stora risk som finns för att du kommer att förlora dina pengar.