72 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.


Japan interest rate surprise. big earnings, plus US and Canada GDP make for a busy finish to January

Japan interest rate surprise. big earnings, plus US and Canada GDP make for a busy finish to January

It’s been a busy week for trading already and the action looks set to continue right into the weekend. In addition to normal month end squaring of positions, there have been a number of major developments overnight with more expected this morning which could potentially rock the markets. Asia Pacific stock markets soared led by a 3.8% gain in the Nikkei while JPY was broadly crushed overnight after the Bank of Japan surprised the street by taking decisive stimulus steps, cutting its benchmark interest rate into negative territory. The central bank pushed off its timetable for reaching 2.0% inflation to the first half of 2017. Governor Kuroda also indicated that QQE and negative interest rates are expected to continue indefinitely until stable 2.0% core inflation is achieved. China markets also rebounded as the PBOC continues to put money into the system ahead of next weekend’s Lunar New Year holiday. Positive momentum has continued into Europe and North America stock action this morning with the FTSE up 0.8% and the Dax up 0.4% while Dow and S&P futures are up 0.7% so far. We could see more trading activity this morning around the US GDP and Chicago PMI reports, which will give traders a better idea of how the US economy fared in Q4 and then in January. Traders may look to these numbers for any reason to change expectations of another Fed rate hike in March, so both stocks and USD forex pairs could be active on the news We also could see a lot of action in individual stocks today in reaction to another big round of earnings reports that came out overnight. Amazon missed badly on sales and earnings putting its shares in the hot seat. On the other hand, MicroSoft and Amgen beat expectations, while Xerox beat the street, raised its dividend and announced plans to split into two companies. Crude oil has been holding steady overnight as it digests yesterday’s big breakout rally. Gold is also down slightly which appears to be related to moderate gains in USD on the back of the JPY plunge. CAD continues to digest recent gains against USD and had a big rally against JPY along with other major currencies. The loonie could be active as well this morning around the Canadian GDP and producer prices reports which may indicate how Canada’s transition toward a more balanced economy is progressing and how much pressure the Bank of Canada could be under to cut interest rates again. Corporate News Amazon.com $1.00 vs street $1.55, sales $35.75B below street $35.91B, guides next Q sales $26.5-$29.0B around street $27.6B Microsoft $0.78 vs street $0.71, sales $25.69B above street $25.27B, Amgen $2.61 vs street $2.29, raised 2016 year guidance to $10.60-$11.00 from $10.35-$10.75 Xerox $0.32 vs street $0.28, guides next Q to $0.21-$0.24 vs street $0.21, 11% dividend increase, plans to split into two companies Electronic Arts $1.83 vs street $1.81, guides next Q EPS to $0.40 below street $0.50, guides next Q sales $875M below street $916M Phillips 66 $1.31 vs street $1.25 Whirlpool $4.10 vs street $3.91 Visa $0.69 vs street $0.68 Economic News Significant announcements released overnight include: Bank of Japan surprise interest rate cut to (0.1%), 5-4 vote QQE target maintained at ¥80T, 8-1 vote Bank of Russia 11.00% no change as expected Japan unemployment rate 3.3% as expected Japan consumer prices 0.2% as expected Japan household spending (4.4%) vs street (2.5%) Japan industrial production (1.6%) vs street (0.6%) Japan housing starts 1.3% vs street 0.5% Japan construction orders 14.8% vs previous 5.7% Germany retail sales 1.5% vs street 1.9% France GDP 1.3% vs street 1.2% France consumer prices 0.2% vs street 0.3% France consumer spending 0.3% vs street 1.2% Spain consumer prices (0.3%) vs street 0.1% Spain GDP 3.5% vs street 3.4% Norway retail sales (1.3%) vs street (0.3%) Norway unemployment rate 3.4% as expected Eurozone consumer prices 0.4% as expected Eurozone core CPI 1.0% vs street 0.9% Greece retail sales (5.5%) vs street (2.8%) Australia producer prices 1.9% vs previous 1.7% Upcoming significant announcements include: 8:30 am EST US Q4 GDP street 0.8% vs previous 2.0% 8:30 am EST US Q4 personal consumption street 1.8% vs previous 3.0% 8:30 am EST US Q4 core PCE inflation street 1.2% vs previous 1.4% 8:30 am EST Canada Nov GDP street 0.2% vs previous (0.2%) 8:30 am EST Canada industrial prices street (0.4%) 8:30 am EST Canada raw material prices street (4.0%) 9:45 am EST US Chjcago PMI street 45.3 vs previous 42.9 10:00 am EST US consumer sentiment street 93.0 3:30 pm EST FOMC Williams speaking Sunday Manufacturing PMI reports: 2:30 pm PST Australia previous 51.9 5:00 pm PST China official street 49.6 5:00 pm PST China non-manuf previous 54.4 5:45 pm PST China Caixin street 48.1 6:00 pm PST Japan previous 52.4 9:00 pm PST India previous 49.1 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 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. 72 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.