mercredi 22 avril 2015

Wall Street deserve a positive session amid outweigh the sales of existing homes


US stock indexes third this week's sessions opened minor changes in a positive entirety illustrated green amid risk appetite recovery among investors on Wall Street after the superiority of the US housing market data in conjunction with the succession disclose the results of major companies and US banks giant, which is the backbone of the world's largest economy realization within the actualities detection quarterly results season.

This has followed the US economy issuance read house prices for the month of February, which showed increased by 0.7% index compatible with expectations compared with a rise of 0.3% in the previous reading for the month of January, as shown reading existing home sales for the month of March / March high by 6.1% to about 5.19 million units compared to about 4.89 million units which rose by 1.5% in the previous reading for the month of February, surpassing analysts' expectations at a rise of 3.1% to about 5.03 million units.

Promptly at 4:16 pm are GMT Dow Jones Industrial Average rose 0.24% or about 43.47 points to 17,993.06 levels, as Standard & Poor's 500 index rose by 0.24%, or about 5.07 points to 2,102.36 levels, while the Nasdaq Composite Index rose 0.12% or about 6.15 points to 5,020.25 levels.

Speaking about the US stock performance with the beginning of the trading session, shares of McDonald company's increased by 4.3% to levels of $ 98.97 per share despite a decline in revenue, while shares of Coca-Cola Co. rose 0.9% to levels of $ 41.15 per share after detecting high revenue for the first time in nine four quarterly.

Shares rose both Visa Company and MasterCard 4.1% and Nbsh 3.4% respectively to $ 68.03 and $ 90.76 per share levels after China's announcement that it will open its market to cleanse the local bank card transactions, which will open the way for service providers to foreign benefit directly of the estimated market value of about $ 6.84 trillion.

This and we would like to point out that almost 71.9% of the listed in the S & P 500 companies have exceeded profit analysts' estimates so far outperforming the 70% during the fourth quarter of the previous year, while the proportion of 42.1% outperformed their revenues versus 58%, In the same context, the company's shares Angie's List has increased by 14% to levels of $ 7.01 per share is among the most active stocks on Wall Street on Wednesday after uncovering the business results that pointed to achieve profits other than expectations.

lundi 13 avril 2015

The Australian dollar extended its losses and the pound sterling, the lowest level in 5 years


The Australian dollar fell broadly Asian market on Monday, lying losses for the second consecutive day against the US counterpart on the impact of weak data in China's largest trading partner, the Australian economy, Sterling fell for the third consecutive day against the greenback and record a new lowest level in five years, and trading Euro near its lowest level in three weeks, and the Japanese yen fell after the minutes of the central bank and government data on industrial machinery, rose relatively dollar index, having made last week, the biggest weekly gain since May 2010 on expectations raise US interest rates.   The Australian dollar The Australian dollar ended trading on Friday, down by 0.2 percent against its US counterpart, ending a wave of gains over the three days during which he recorded the highest level in two weeks 77.37 US cents the support of the Reserve Bank of Australia's decision to keep interest rates steady at 2.25 percent.   The Australian dollar is trading against the US dollar by 07:30 GMT on the level of 0.7590 from an opening price of 0.7664 after recording the highest price and the lowest price 0.7677 0.7579.   Decline widely Australian dollar Asian market on Monday against all major currencies lying losses for the second consecutive day against the US counterpart on the impact of weak data in China's largest trading partner, the Australian economy.   Decline in Chinese exports data showed 15% during March less than expert forecasts a rise of 9%, and imports fell by 12.7% and was expected to decline by 10%.   Sterling pound The pound fell 0.5 percent at the end of last week's trading in the second daily loss in a row against the US dollar after data weaker than expected industrial production in Britain through February, and the loss of GBP 1.9 percent on the whole over the last week, the biggest weekly loss during the five weeks last versus the US currency.   The pair is trading pound sterling against the US dollar by at 07:34 GMT, on the level of 1.4610 from an opening price of 1.4615 after recording the highest price and the lowest price 1.4648 1.4565 the lowest since April 28 April 2009.

samedi 4 avril 2015

The US dollar is about to reach its highest level in 12 years with the support rate expectations

The US dollar extended the rise of the European market on Monday, continue to make gains for a sixth day on a row against a basket of approaching the major currencies of the highest level in 12 years amid growing buy the US currency operations supported by expectations of higher interest rates in the United States by June of next June, falling New Zealand dollar For the second day in a row ahead of data on the business climate of confidence in New Zealand. US dollar Continued dollar index rise for the sixth consecutive day, its highest level in four weeks 100.26 points, heading towards the level of 100.37 highest point in 12 years and registered on 13 March last, and achieved the index rising by 2.9 percent over the past week, the biggest weekly gain since May 2010, with the support expectations of the Federal Reserve to raise interest rates by June next. He reiterated on Friday, Jeffrey Lacker a member of the Federal Reserve Board to call for speed consider raising interest rates in June of next June, and stressed the possibility of reducing them again if necessary summoned to do so. Showed the last meeting of the Federal Reserve, which was published on Wednesday that some members said they expect the upcoming economic data provide strong justification to raise interest rates in principle in June next June, and confirmed the other members on the economy improves sufficiently allow the Council to conduct an evaluation at each Meeting Minutes separately on raising interest rates. The dollar index is trading by the time 11:44 GMT on the level of 100.15 points, 99.64 points from the opening level and the highest level of 100.26 points, the lowest level of 99.44 points. . The absence of significant data today from the United States from the arena of financial markets while Uday federal budget for the month of March is expected deficit of $ 43.1 billion, compared with a deficit of 192.3 billion dollars in February February New Zealand Dollar Finish trading on Friday, down by 0.3 percent against its US counterpart, and has continued to decline for the second consecutive day on Monday, its lowest level in two weeks 74.21 US cents on the impact of weak data in China's largest trading partner for the economy of New Zealand, the data showed an unexpected drop of Beijing's exports during March The decline in imports at the fastest pace since the global financial crisis in 2009, which worries about weak economic growth than in China. New Zealand dollar is trading against the US counterpart by the time 11:45 GMT on the level of 0.7430 from 0.7516 opening price and the highest price of 0.7536, 0.7421 and the lowest price. And awaits investors later today important data on the business climate in New Zealand over the past month and record the business climate survey for level 23 through February February

US jobs report showing the fewest jobs since the end of 2013


American companies have supported the US economy at the lowest number of jobs during the month of March / March last year since the end of 2013, and in light of the harsh winter that hit the United States as well as investments decline in oil and energy sectors.

The number of new jobs that are provided in the US economy during March / March came a $ 126 thousand jobs less than expected, which was referring to the 245 thousand jobs from, while the previous reading was modified to become a $ 164 thousand jobs of 295 thousand jobs.

The unemployment rate has stabilized at the level of 5.5% in the same previous reading and expectations of value, while the average wage has risen in time during the month of March / March by 0.3% from 0.1%. The annual reading also rose 2.1% from 2.0%.

Stinging cold wave that hit the United States during this winter caused relieve American companies from hiring given the decline in demand for spending by the household sector.

On the other hand, we find that oil and energy companies are suffering from the decline in crude oil prices, so he resorted to reduce costs and minimize new investments in crude oil exploration, as well as the closure of a number of platforms and refineries, crude oil refining, to negatively affect the number of new jobs that have been registered in the US economy over the past month.

New jobs numbers today are the least since December / December of 2013, come to end the series numbers of jobs above the level of 200 thousand, which lasted for the longest period since 1995.

As for the impact on the markets came somewhat limited due to the closure of financial markets in both the United States and Europe because of the holidays, which is causing weak liquidity and trading volumes in the financial markets, where the delayed impact of this data until next week.

The general trend in the markets began to get pessimistic about the future of interest rates in the United States of America, the bank, the Federal Reserve may link the decision to raise interest rates improved economic data from the United States and private employment sector data, but today's data to come to show weakness in the number of jobs which shows the affected companies American high dollar levels and lower crude oil prices, which hurt many sectors of the economy, and thus causing weakness in the number of jobs provided by the US economy.

The belief that markets will prevail now is that the Fed will resort to postpone the decision to raise interest rates for a longer period, so the stability of the growth that has seen a slowdown in the fourth quarter of last year rates occur, in addition to the negative outlook for growth in the first quarter of 2015.

Along with this the rest conflicting expectations for inflation in the United States due to the continuation far from the goal of the Fed at 2%, in addition to the instability of crude oil prices yet to go on the ups and downs.




vendredi 3 avril 2015

Turkish inflation exceeds expectations in March due to rising food prices

ISTANBUL (Reuters) - Data released on Friday showed that consumers in Turkey prices rose 1.2 percent in March from the level in the previous month to exceed the expectations of inflation due to rising food costs.

These data may provide justification for the central bank to resist the pressures on him to cut interest rates. Turkish President Recep Tayyip Erdogan and a reduction in borrowing costs in the face of the slowdown in growth and a general election in June, raising fears for the independence of the Central Bank.

The Turkish Statistics Institute said consumer prices rose 1.19 percent on a monthly basis, beating analysts' expectations, much to rise 0.89 percent in a Reuters poll.

On an annual basis the inflation rate stood at 7.61 percent. The data indicate that domestic producers prices rose 1.05 percent on a monthly basis while it rose 3.41 percent on an annual basis.

However, separate data on car sales in March gave a bit brighter picture of the performance where consumers have shown a growth of 75 percent compared with the corresponding period last year, while sales hit by higher taxes and tighter credit rules.

He said Finance Minister Mehmet Şimşek station NTV television in an interview, "We are in direct confrontation with the inflationary path inconsistent with the direction that we want." He said that this trend may benefit from falling oil prices.

He added that he will go down with the Turkey "easily" this year of four per cent economic growth. He said the nuclear agreement reached by world powers with Iran would have a positive impact on Turkey's exports.

The unemployment rate in the United States, settling at 5.5% in March

Washington, DC, April 3 / April (EFE): the unemployment rate has stabilized in the United States at 5.5% in March / March last, the same rate recorded in February.

The US Department of Labor today that the US economy in March, creating 126 thousand jobs, the number is less than expected and is the lowest since late 2013.

The Ministry of Labor also revised downward the number of jobs created during the first two months of the year, which reduced the total of 69 thousand jobs, which had been declared previously.

The United States said in January / December 2015 a second Total 264 thousand jobs, not 295 thousand as has already been declared, and in February was the real number 201 thousand jobs compared to 239 thousand initially announced.

These figures indicate a slowdown in job creation in the United States, which represents a slight change in rates after months have seen good results.

With regard to rates of salary per hour, record high of 7 cents, to $ 24 and 86 cents, with the increase on the level of the last twelve months 2.1%. (EFE)