CFD Markets News and Forecasts — 26-08-2014

(raw materials / closing price /% change)

Light Crude 93.85 -0.01%

Gold 1,281.40 -0.30%

(index / closing price / change items /% change)

Nikkei 225 15,521.22 -92.03 -0.59%

Hang Seng 25,074.5 -92.41 -0.37%

Shanghai Composite 2,207.11 -22.17 -0.99%

FTSE 100 6,822.76 +47.51 +0.70%

CAC 40 4,393.41 +51.30 +1.18%

Xetra DAX 9,588.15 +78.01 +0.82%

S&P 500 2,000.02 +2.10 +0.11%

NASDAQ Composite 4,570.64 +13.29 +0.29%

Dow Jones 17,106.7 +29.83 +0.17%

(pare/closed(GMT +2)/change, %)

EUR/USD $1,3168 -0,17%

GBP/USD $1,6540 -0,18%

USD/CHF Chf0,9172 +0,20%

USD/JPY Y104,08 +0,05%

EUR/JPY Y137,05 -0,12%

GBP/JPY Y172,15 -0,13%

AUD/USD $0,9308 +0,13%

NZD/USD $0,8333 -0,08%

USD/CAD C$1,0952 -0,28%

(time / country / index / period / previous value / forecast)

01:30 Australia Construction Work Done Quarter II +0.3% -0.4%

06:00 Germany Gfk Consumer Confidence Survey September 9.0 8.9

06:00 Switzerland UBS Consumption Indicator July 2.06

14:30 U.S. Crude Oil Inventories August -4.5

Stock indices closed higher due to growing speculation for new stimulus measures by the European Central Bank (ECB). Friday's comments by the ECB President Mario Draghi boosted the speculation for new stimulus measures by the European Central Bank. The European Central Bank President Mario Draghi said in Jackson Hole the ECB could add new stimulus measures should inflation decline further. He also said inflation expectations were showing a significant fall.

Market participants continue to monitor developments in Ukraine. Russian President Vladimir Putin will meet Ukrainian President Petro Poroshenko in Minsk today.

Ukrainian President Petro Poroshenko announced yesterday that new parliamentary elections will take place on October.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,822.76 +47.51 +0.70%

DAX 9,588.15 +78.01 +0.82%

CAC 40 4,393.41 +51.30 +1.18%

The price of oil rose slightly, recovering from a seven-month low, due to the expectations of the release of data on oil reserves in the United States.

According to the poll news agency Bloomberg, market participants predict that crude oil inventories fell by 1.8 million barrels to 360.7 million, while gasoline consumption - by 1.7 million barrels. Stocks of distillates, including heating oil, will be reduced by 300 thousand barrels. In general, the report may show an increase in demand for crude oil and petroleum products in the United States, but production in the country is still in the thirties and highs will reach 8.5 million barrels per day, which will limit the ability of rising prices. Investors also awaited the release at the end of the day the American weekly inventories data from the American Petroleum Institute, which will show the level of demand for oil from the largest consumer in the world.

Support prices have today's data on orders for durable goods in the United States. Ministry of Commerce announced that orders for costly manufactured goods rose in July to record levels due to the large increase in purchases of aircraft, even though the underlying data showed a slowdown in business spending last month. Orders for durable goods - such as airplanes, cars, and heavy equipment, which are intended for use for at least three years, rose to a seasonally adjusted 22.6% to $ 300.1 billion. In July compared with the previous month. It was the sharpest increase and the highest level of a data series, since 1992. The growing demand for new aircraft was a big part of the increase, reflecting strong sales corporation Boeing. Aviation giant reported that he had received orders for a record 324 aircraft last month. Excluding transportation orders fell by 0.8%, despite the fact that the increase in the previous month's figure was revised up to 3%. Economists had forecast a rise in the total volume of orders by 7.4%.

On the dynamics of trade also influence the expectations of the results of the meeting Russian President Vladimir Putin and Ukrainian President Poroshenko. On Monday, Ukraine reported that from Russia on its territory included armored column of 10 tanks, while Moscow said it plans to send a second convoy with humanitarian aid.

Market participants and monitor the situation in Iraq and Libya. Ambassador of Libya to Egypt on Monday asked for foreign aid for the protection of Libyan institutions, airports, and natural resources. United States is considering military options against Islamists in Syria, but it is limited to air strikes in Iraq.

The cost of the October futures on American light crude oil WTI (Light Sweet Crude Oil) to the present moment has increased to $ 93.91 per barrel on the New York Mercantile Exchange (NYMEX).

October futures price for North Sea Brent crude oil mixture rose $ 0.08 to $ 102.79 a barrel on the London exchange ICE Futures Europe.

The U.S. dollar traded mixed against the most major currencies after the mixed U.S. economic data. Durable goods orders in the U.S. jumped 22.6% in July, exceeding expectations for a 7.4% rise, after a 2.7% gain in June. June's figure was revised up from a 1.7% increase. That was the fastest rise and highest level since 1992.

Durable goods orders, excluding transportation, fell 0.8% in July, missing expectations for a 0.5% increase, after a 3.0% gain in June. June's figure was revised up from a 1.9% rise.

Durable goods orders, excluding defence, soared 24.9% in July, after a 0.7% rise in June.

The consumer confidence index rose to 92.4 in August from a 90.3 in July, beating forecasts for a decline to 89.1. July's figure was revised down from 90.9. That was the highest level since October 2007.

S&P/Case-Shiller home price index climbed 8.1% in June, missing forecasts for a 8.2% increase, after a 9.3% rise in May.

Market participants continue to monitor developments in Ukraine. Russian President Vladimir Putin will meet Ukrainian President Petro Poroshenko in Minsk today.

The euro traded mixed against the U.S. dollar in the absence of any major economic reports from the Eurozone.

Friday's comments by the ECB President Mario Draghi still weighed on the euro. The European Central Bank (ECB) President Mario Draghi said in Jackson Hole the ECB could add new stimulus measures should inflation decline further. He also said inflation expectations were showing a significant fall.

The British pound traded mixed against the U.S. dollar after the weaker-than-expected mortgage approvals data from the UK. Mortgage approvals in the UK increased by 42,800 in July, missing expectations for a rise of 44,200, after a gain of 43,200 in June. June's figure was revised down from 43,300.

The New Zealand dollar traded mixed against the U.S dollar after the weaker-than-expected trade data from New Zealand. New Zealand's trade deficit was NZ$692 million in July, missing expectations for a decline to a deficit of NZ$475 million, after a surplus of NZ$247 million in June.

The Australian dollar traded higher against the U.S. dollar in the absence of any major reports in Australia.

The Japanese yen traded lower against the U.S. dollar in the absence of any major reports in Japan.

Gold prices rose markedly today, departing from the two-month low, which was caused by the expectation of meeting of Russian President Vladimir Putin and his Ukrainian counterpart Petro Poroshenko. However, after the meeting of gold began to lose positions.

As it became known, the presidents of Russia and Ukraine in the first three months of the meeting exchanged mutual accusations of seeking to undermine each other, and then in unison called for an end to violence in the east of Ukraine, shifting each other accountable. Russian leader Vladimir Putin at a meeting with the participation of Russia's partners in the Customs Union and EU Commissioners said that the post-revolutionary turn to Europe through Ukraine Association Agreement will cause damage to Moscow to $ 3 billion in the initial stage, and Russia will be forced to cancel the preferences to imports from Ukraine. Meanwhile, the president of Ukraine Petro Poroshenko said: "We are ready to resolve all issues in mutual trade, but want it to not become an element of political pressure."

Experts note that the tense situation in Ukraine and the Middle East did not cause a significant increase in demand among investors, but some jewelers have started to buy gold when the price fell below $ 1,300. "The trend towards recession persists for a long time, and today we see technical buying at $ 1.282 and $ 1.283. The physical market has calmed down after yesterday's active buying and you need to watch is whether the growth is sustainable or short-term, "- said a dealer in Hong Kong.

Pressure on prices have data on the United States, which showed that consumer confidence index from the Conference Board, which increased in July, showed a further improvement in August. The index is currently 92.4 (1985 = 100) compared to 90.3 in July. Assess the current situation index rose to 94.6 from 87.9, while the expectations index fell to 90.9 from 91.9.

Meanwhile, the index of the cost of housing in the 20 largest cities in the United States, calculated by S & P / Case-Shiller, in June 2014 increased by 8.1% in annual terms, the forecast of + 8.2%.

In addition, it was reported that the world's largest reserves of the gold-exchange-traded fund SPDR Gold Trust on Monday fell by 0.37 percent to 797.09 tons.

Margins on gold bars in Hong Kong rose to $ 0,70- $ 1.10 per ounce to prices in London from $ 0,50- $ 1.00 last week. Margins in Singapore held at $ 0,80- $ 1.00 to London prices.

The cost of the October gold futures on the COMEX currently increased to $ 1282.50 per ounce.

The Conference Board released its consumer confidence index today. The index rose to 92.4 in August from a 90.3 in July, beating forecasts for a decline to 89.1. July's figure was revised down from 90.9. That was the highest level since October 2007.

Lynn Franco, director of economic indicators at the Conference Board, said that consumer confidence in the U.S. rose for the fourth consecutive month.

The U.S. Commerce Department released durable goods orders. Durable goods orders jumped 22.6% in July, exceeding expectations for a 7.4% rise, after a 2.7% gain in June. June's figure was revised up from a 1.7% increase. That was the fastest rise and highest level since 1992.

Durable goods orders, excluding transportation, fell 0.8% in July, missing expectations for a 0.5% increase, after a 3.0% gain in June. June's figure was revised up from a 1.9% rise.

Durable goods orders, excluding defence, soared 24.9% in July, after a 0.7% rise in June.

Increasing demand for new aircraft drove the rise. Orders for civilian aircraft soared 318%, while orders for transportation equipment rose 74.2%.

EUR/USD $1.3185(E379mn), $1.3250(E230mn), $1.3300(E300mn)

USD/JPY Y103.00($430mn), Y103.25($200mn)

EUR/JPY Y138.00(E386mn)

EUR/GBP stg0.7915(E216mn), stg0.7970(E550mn), stg0.7980(E150mn), stg0.8050(E144mn)

AUD/USD $0.9225(A$418mn), $0.9250(A$158mn), $0.9300(A$436mn), $0.9325(A$301mn)

NZD/USD $0.8350(NZ$154mn), $0.8400(NZ$185mn)

USD/CAD C$1.0900($396mn), C$1.0985-1.1000

U.S. stock futures fluctuated amid corporate mergers as investors weighed data on durable-goods orders before a report on consumer confidence.

Global markets:

Nikkei 15,521.22 -92.03 -0.59%

Hang Seng 25,074.5 -92.41 -0.37%

Shanghai Composite 2,207.11 -22.17 -0.99%

FTSE 6,803.57 +28.32 +0.42%

CAC 4,370.46 +28.35 +0.65%

DAX 9,534.47 +24.33 +0.26%

Crude oil $93.72 (+0.40%)

Gold $1289.70 (+0.84%)

(company / ticker / price / change, % / volume)

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

02:00 China Leading Index July +1.3% +1.3%

08:30 United Kingdom BBA Mortgage Approvals July 43.3 44.2 42.8

The U.S. dollar traded mixed against the most major currencies ahead of the U.S. economic data. Durable goods orders in the U.S. are expected to rise 7.4% in July, after a 1.7% increase in June.

S&P/Case-Shiller home price index is expected to climb 8.2% in June, after a 9.3% rise in May.

The U.S. consumer confidence index is expected to decline to 89.1 in August from 90.9 in July.

The greenback remained supported by Friday's comments by Federal Reserve Chair Janet Yellen in Jackson Hole. Janet Yellen said that the U.S. labour market is not yet fully recovered. But she added that the U.S. labour market was improving. The Fed Chair Yellen offered no signal when the Fed will start to raise its interest rate.

Market participants continue to monitor developments in Ukraine. Russian President Vladimir Putin will meet Ukrainian President Petro Poroshenko in Minsk today.

The euro traded mixed against the U.S. dollar in the absence of any major economic reports from the Eurozone.

Friday's comments by the ECB President Mario Draghi still weighed on the euro. The European Central Bank (ECB) President Mario Draghi said in Jackson Hole the ECB could add new stimulus measures should inflation decline further. He also said inflation expectations were showing a significant fall.

The British pound traded mixed against the U.S. dollar after the weaker-than-expected mortgage approvals data from the UK. Mortgage approvals in the UK increased by 42,800 in July, missing expectations for a rise of 44,200, after a gain of 43,200 in June. June's figure was revised down from 43,300.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

12:30 U.S. Durable Goods Orders July +1.7% Revised From +0.7% +7.4%

12:30 U.S. Durable Goods Orders ex Transportation July +1.9% Revised From +0.8% +0.5%

12:30 U.S. Durable goods orders ex defense July +0.7%

13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y June +9.3% +8.2%

14:00 U.S. Consumer confidence August 90.9 89.1

Stock indices traded little changed due to tensions over Ukraine. Market participants continue to monitor developments in Ukraine. Russian President Vladimir Putin will meet Ukrainian President Petro Poroshenko in Minsk today.

Ukrainian President Petro Poroshenko announced yesterday that new parliamentary elections will take place on October.

Friday's comments by the ECB President Mario Draghi still weighed on markets. The European Central Bank (ECB) President Mario Draghi said in Jackson Hole the ECB could add new stimulus measures should inflation decline further. He also said inflation expectations were showing a significant fall.

Current figures:

Name Price Change Change %

FTSE 100 6,794.61 +19.36 +0.29%

DAX 9,492.71 -17.43 -0.18%

CAC 40 4,351.4 +9.29 +0.21%

Asian stock indices closed lower due to tensions over Ukraine. Market participants continue to monitor developments in Ukraine. Russian President Vladimir Putin will meet Ukrainian President Petro Poroshenko in Minsk today.

Ukrainian President Petro Poroshenko announced yesterday that new parliamentary elections will take place on October.

The Conference Board released its leading index for China. The index rose 1.3% in July, after a 1.3% gain in June.

Indexes on the close:

Nikkei 225 15,521.22 -92.03 -0.59%

Hang Seng 25,074.5 -92.41 -0.37%

Shanghai Composite 2,207.11 -22.17 -0.99%

EUR/USD $1.3185(E379mn), $1.3250(E230mn), $1.3300(E300mn)

USD/JPY Y103.00($430mn), Y103.25($200mn)

EUR/JPY Y138.00(E386mn)

EUR/GBP stg0.7915(E216mn), stg0.7970(E550mn), stg0.7980(E150mn), stg0.8050(E144mn)

AUD/USD $0.9225(A$418mn), $0.9250(A$158mn), $0.9300(A$436mn), $0.9325(A$301mn)

NZD/USD $0.8350(NZ$154mn), $0.8400(NZ$185mn)

USD/CAD C$1.0900($396mn), C$1.0985-1.1000

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

02:00 China Leading Index July +1.3% +1.3%

08:30 United Kingdom BBA Mortgage Approvals July 43.3 44.2 42.8

The U.S. dollar traded mixed to lower against the most major currencies. Yesterday's weaker-than-expected U.S. economic data weighed on the greenback. Preliminary services purchasing managers' index declined to 58.5 in August from 60.8 in July, missing forecasts for a drop to 59.2.

New home sales in the U.S. fell by 2.4% to 412,000 units in July, missing expectations for a rise to 426,000 units. That was the slowest pace of new home sales in four months.

Market participants continue to monitor developments in Ukraine. Russian President Vladimir Putin will meet Ukrainian President Petro Poroshenko in Minsk today.

The New Zealand dollar traded mixed against the U.S dollar after the weaker-than-expected trade data from New Zealand. New Zealand's trade deficit was NZ$692 million in July, missing expectations for a decline to a deficit of NZ$475 million, after a surplus of NZ$247 million in June.

The Australian dollar traded mixed against the U.S. dollar in the absence of any major reports in Australia.

The Japanese yen traded higher against the U.S. dollar in the absence of any major reports in Japan.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair fell to Y103.74

The most important news that are expected (GMT0):

12:30 U.S. Durable Goods Orders July +1.7% Revised From +0.7% +7.4%

12:30 U.S. Durable Goods Orders ex Transportation July +1.9% Revised From +0.8% +0.5%

12:30 U.S. Durable goods orders ex defense July +0.7%

13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y June +9.3% +8.2%

14:00 U.S. Consumer confidence August 90.9 89.1

EUR / USD

Resistance levels (open interest**, contracts)

$1.3319 (2008)

$1.3282 (1242)

$1.3231 (66)

Price at time of writing this review: $ 1.3200

Support levels (open interest**, contracts):

$1.3162 (4557)

$1.3141 (5957)

$1.3113 (3599)

Comments:

- Overall open interest on the CALL options with the expiration date September, 5 is 60257 contracts, with the maximum number of contracts with strike price $1,3400 (7078);

- Overall open interest on the PUT options with the expiration date September, 5 is 60751 contracts, with the maximum number of contracts with strike price $1,3100 (6012);

- The ratio of PUT/CALL was 1.00 versus 1.06 from the previous trading day according to data from August, 25

GBP/USD

Resistance levels (open interest**, contracts)

$1.6800 (1983)

$1.6701 (932)

$1.6604 (613)

Price at time of writing this review: $1.6585

Support levels (open interest**, contracts):

$1.6498 (1973)

$1.6399 (982)

$1.6300 (663)

Comments:

- Overall open interest on the CALL options with the expiration date September, 5 is 29322 contracts, with the maximum number of contracts with strike price $1,7000 (2796);

- Overall open interest on the PUT options with the expiration date September, 5 is 29826 contracts, with the maximum number of contracts with strike price $1,6800 (4026);

- The ratio of PUT/CALL was 1.02 versus 1.02 from the previous trading day according to data from August, 25

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.