Tuesday, May 10, 2016

Strong gains on Wall Street – is the best session for two months – Onet.pl

 
  Photo: BRENDAN McDermid / Reuters
 
 
 
 
 
 

The Dow Jones Industrial at the end of the day It gained 1.26 percent. and amounted to 17,928.28 points.

S & amp; P 500 rose by 1.25 per cent. and amounted to 2,084.39 points.

Nasdaq Comp. firmer by 1.26 percent. to 4,809.88 points.

strongly appreciated at Goldman Sachs and Boeing. The companies included in the index Nasdaq strongest growing shares of Microsoft, and Amazon Alphabet.

grew course pharmaceutical company Allergan. The company, known for most of that manufactures Botox, gained after the release of higher-than-expected net profit in the first quarter. Allergan also announced a plan to buy back shares worth up to 10 billion dollars.

The big oil companies, which help growing oil prices. Value gained among other companies Chevron and Exxon.

From the macro data from the US market met on Tuesday to read Jolts index, which measures the newly created jobs and the resulting vacancies. It rose in March to 5.8 million. Inventories at US wholesalers rose in March, while 0.1 percent.

Slightly better than expected data was China, where the PPI fell less than expected. Was in line with expectations CPI inflation reading from China.

German DAX went up by 0.65 per cent ., the British FTSE gained 0.68 per cent., and the French CAC 40 by 0.36 percent firmer.

were mixed on Tuesday macro readings from Germany. In March, stronger-than-expected fall in industrial production in this country. Better than expected but were data on German foreign trade in March.

In France, stronger than expectations fell Industrial production in March.

on Tuesday in Europe, among others, the results announced Credit Suisse – the exchange rate of the bank gained strongly, because its quarterly loss was lower than analysts’ forecasts. The loss amounted to 302 million Swiss francs, and analysts forecast a loss of 344 million francs.

The good session also noted Dutch bank ING after the its net profit was better than the market consensus.

Heavily lost while French course Natixis. The market took a negative quarterly results of the bank, which showed a large decline in profit compared to last year.

After the results gained shares of airlines EasyJeat. Very good session, after the publication of the quarterly report, also noted the Danish jewelry manufacturer, the company Pandora.

At the market oil dominated by strong increases. Brent prices go up by 3.1 percent. and are about the level of USD 45 per barrel. Market raw seen reports from Canada, where it takes fire, posing a potential threat to Canadian mining infrastructure.

On the foreign exchange market against the euro strengthened dollar. The EUR / USD is in the region of the level of 1,139. ​​

In view of the dollar is still weakening Japanese yen. USD / JPY goes up to the level of 109.1, which means a weakening of the yen against the dollar by nearly 0.8 percent. Yen is the weakest against the dollar in two weeks. Japanese currency weakened after the comments coming from the representatives of the Japanese government, suggesting their willingness to intervene in the currency market.

JAPANESE aUTHORITIES READY FOR iNTERVENTION IN FOREIGN MARKET

Japanese authorities will intervened in the currency market if the “one-sided” appreciation of the yen will last long enough, it begins to pose a threat to the economy – said on Tuesday the Minister of finance of Japan Taro Aso. Japanese finance minister for the second time this week spoke of foreign exchange intervention, because the earlier willingness to her declared on Monday. Last week, in a similar vein spoke to Japanese Prime Minister Shinzo Abe.

LAST FOREST FIRES CANADA, which limited PRODUCTION OF CRUDE

fires are continuing and include more than 200 thousand. hectares of forest, although currently expanding more slowly. Experts point out that forest fires before they expire themselves can take many months. Crude oil production in Alberta declined due to fires by 1 million barrels a day, or approx. 40 percent. daily production from Canadian oil sands.

Inventories of wholesalers in the USA IN MARCH UP ABOUT 0 1 PROC.

Inventories of US wholesalers rose in March by 0.1 per cent., In terms of month to a month. Expected drop in inventories in March by 0.1 percent. In the last month, stocks fell 0.6 percent. after adjustment mom against a decline of 0.5 percent. before correction

GERMANY EXPORTS INCREASED IN MARCH FORECASTS FROM HARD

German exports rose in March by 1.9 percent. mom, after taking into account working days and seasonal changes, after rising the previous month by 1.3 per cent. Expected result of 0.0. Import mom dropped by 2.3 per cent., After rising the previous month by 0.1 per cent., After the adjustment of +0.4 percent. Here was expected to decline by 0.3 percent.

STRONGER FROM EXPECTATIONS DECLINE IN INDUSTRIAL PRODUCTION IN GERMANY

in Germany, in March, industrial production declined by 1.3 percent. mom, while in the previous month fell by 0.7 per cent., after adjustment. Analysts had expected that the production of mom dropped by 0.2 per cent., Following a decline of 0.5 percent previously. before correction. Yoy, industrial production rose by 0.3 per cent., After taking into account working days, whereas previously increased by 2.0 per cent., After the adjustment of +1.3 percent. Here analysts expected a rise of 1.1 percent.

DATA ON PRODUCTION INDUSTRY IN FRANCE In MARCH weaker than assessed

Industrial production in France fell by 0.3 percent. mom in March, while the previous month fell by 1.3 per cent., after the adjustment of -1.0 percent. Expected increase in industrial production by 0.7 percent mom. In year-on-year industrial production in March fell by 0.8 per cent., After rising by 0.4 percent. in the previous month, after adjustment. Here was expected to increase by 0.5 per cent., After rising by 0.6 percent. before correction.

CONSUMER PRICES IN CHINA INCREASED IN APRIL 2.3 percent. RDR

Consumer prices in China rose in April by 2.3 percent. yoy. They expected to increase by 2.3 per cent., Unchanged from March. Producer prices fell PPI in the same month by 3.4 per cent., Following a decline in March, by 4.3 percent. Expected decline in the PPI in April by 3.7 percent.

GROWTH IN JAPAN

had a good session the stock market in Tokyo. In Tokyo, the Nikkei 225 gained 2.15 percent. and this is the best score daily for three weeks. Reflection on the Japanese market, which is clearly lost on the turn of April and May, is translated weakening of the yen, which is the preferred information for Japanese corporations, many of which derive their profits abroad.

Philippine REFLECTION OF ASSETS AFTER ELECTION RESULTS

Strong increases were recorded on Tuesday Philippine assets. Index Stock Exchange in Manila gained 2.6 per cent., Which was his best result of the day since January. Clearly it strengthened the Philippine peso. Philippine assets have reacted in this way the results of the presidential election. He won them who use the populist rhetoric Rodrigo Duterte, who announced the convening of a Constituent Assembly and the “profound changes in the constitution.” During the election campaign in the face of political uncertainty Philippine stock market noted declines, also weakened the currency of the country.

BETTER OF cONSENSUS QUARTERLY RESULTS CREDIT SUISSE

Swiss bank Credit Suisse said on Tuesday’s report that in the first 3 months of 2016. the loss of the bank amounted to 302 million Swiss francs ($ 311 million). Meanwhile, analysts predicted a loss of 344 million francs. It was the second consecutive quarter, while the second largest Swiss lender recorded quarterly loss. A year ago, in the first quarter. 2015., The bank had a profit of 1.05 billion francs.

LOWER eXPECTATIONS FROM LOSS airlines EASYJET

terrorist attacks, to which took place in some European countries and strikes resulted in the results of the second-largest low-cost airline EasyJet in Europe. In the first half of the fiscal year the carrier had a loss before tax of 24 million pounds, while a year before the company had a profit of 7 million pounds. This result, however, was still better than expected, analysts estimated the fact that the company will have a loss of 25.7 million pounds.

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