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Market briefing: US Market Snapshot US markets sealed in certain domain yesterday, tracking gains in wanton oil …

UK Market Snapshot
UK markets finished aloft yesterday, with a FTSE 100 index climbing for a eighth true session, helped by gains in appetite zone stocks. Entertainment One jumped 6.8%, as a private equity firm, KKR emerged as a able bidder for a association that progressing deserted a offer from ITV, 0.4% down. Miners, BHP Billiton and Anglo American gained 0.2% and 1.8%, respectively. Energy stocks, Royal Dutch Shell and BP rose 0.8% and 1.0%, respectively, on aloft wanton oil prices. On a losing side, William Hill declined 6.4%, after it deserted a takeover offer from a competitors, 888 Holdings, 2.1% down and Rank Group, 3.4% up. Housebuilders, Barratt Developments, Travis Perkins and Berkeley Group Holdings slid 0.8%, 1.0% and 1.8%, respectively. The FTSE 100 modernized 0.4%, to tighten during 6,941.2, while a FTSE 250 rose marginally to settle during 17,929.3.
US Market Snapshot
US markets sealed in certain domain yesterday, tracking gains in wanton oil prices, that increased appetite zone stocks. Transocean and Chesapeake Energy climbed 5.4% and 9.6%, respectively. Post Properties surged 9.4%, after a genuine estate investment firm, Mid-America Apartment Communities, 4.9% down, concluded to buy a association in a understanding value about $4.0 billion. Fertilizer producer, Mosaic modernized 4.6%. Xylem gained 3.9%, after it announced skeleton to acquire Sensus in a understanding valued during $1.7 billion. Homebuilders, DR Horton, Lennar Corp and Toll Brothers rose 0.9%, 1.2% and 3.2%, respectively. On a losing side, salesforce.com declined 3.3%, after a association settled that a second entertain formula will be expelled on 31 Aug 2016 instead of 29 Aug to accommodate a scheduling conflict. The SP 500 gained 0.3%, to settle during 2,190.2. The DJIA rose 0.3%, to settle during 18,636.1, while a NASDAQ modernized 0.6%, to tighten during 5,262.0.
Europe Market Snapshot
Other European markets finished mostly aloft yesterday, led by gains in automakers. Volkswagen gained 1.3%, as a technical remedies for 460,000 vehicles with diesel engines were authorized by a Germany’s sovereign engine ride authority, KBA. Peers, Daimler rose 1.0%, while Renault and Peugeot edged adult 1.2% each. UCB surged 8.9%, after a drugmaker won a US justice statute on one of a epilepsy drug, Vimpat. Hennes Mauritz modernized 2.1%, after a Swedish attire tradesman reported that a sales rose some-more than approaching in July, compared with same duration a year ago. The FTSEurofirst 300 index rose marginally to tighten during 1,363.1. Among other European markets, a German DAX Xetra 30 gained 0.2%, to tighten during 10,739.2, while a French CAC-40 strew 0.1%, to settle during 4,497.9.
Asia Market Snapshot
Markets in Asia are trade mostly reduce this morning. In Japan, financial firms, Matsui Securities, Sony Financial Holdings and Daiwa Securities Group have slid 1.7%, 2.8% and 3.2%, respectively. Retailers, JFront Retailing, Aeon and Fast Retailing have strew 1.2%, 2.0% and 2.3%, respectively. Bucking a trend, oil stocks, Inpex and Japan Petroleum Exploration have modernized 1.1% and 1.3%, respectively, amid gains in wanton oil prices. Sony has risen 0.2%, after a heading rating group revised a superintendence and settled that a non-financial businesses have aloft margins. In Hong Kong, oil giants, CNOOC, Sinopec Oilfield Service and China Petroleum Chemical have gained 0.5%, 1.9% and 2.2%, respectively. In South Korea, index majors, Samsung Electronics and POSCO have modernized 1.6% each. The Nikkei 225 index is trade 0.3% reduce during 16,827.1. The Hang Seng index is trade 0.2% down during 22,892.3, while a Kospi index is trade marginally aloft during 2,051.1.

Commodity, Currency and Fixed Income Snapshots
Crude Oil
At 0330GMT today, Brent Crude Oil one month futures agreement is trade 0.68% or $0.33 reduce during $48.02 per barrel, forward of a American Petroleum Institute’s weekly oil register data, scheduled to be expelled after today. Yesterday, a agreement climbed 2.94% or $1.38, to settle during $48.35 per barrel. Genscape estimated that a series of wanton bonds during a Cushing, Oklahoma heart in a US forsaken some-more than 350,000 barrels final week.
Gold
At 0330GMT today, Gold futures agreement is trade 0.83% or $11.10 aloft during $1351.40 per ounce. Yesterday, a agreement modernized 0.34% or $4.50, to settle during $1340.30 per ounce, reversing a decrease from a before session.
Currency
At 0330GMT today, a EUR is trade 0.08% aloft opposite a USD during $1.1193, forward of a Euro-zone’s and Germany’s ZEW view consult for August, due to recover today. Yesterday, a EUR strengthened 0.20% contra a USD, to tighten during $1.1184, reversing a waste from a before session. The greenback enervated after gloomy information of New York Empire state prolongation activity.
At 0330GMT today, a GBP is trade 0.12% aloft opposite a USD during $1.2896. Investors would keenly concentration on a UK consumer cost index information for July, slated to recover in few hours. Yesterday, a GBP enervated 0.31% contra a USD, to tighten during $1.2880.
Fixed Income
In a US, prolonged tenure book prices fell and pushed yields higher, as strength in a US equities and gains in wanton oil prices led to a selloff in treasuries. Yesterday, produce on 10-year records gained 4 basement points to 1.55%, while produce on 2-year records rose 1 basement indicate to 0.72%. Meanwhile, 30-year bond produce modernized 4 basement points to 2.27%.

Key Economic News
Swiss writer and import cost index forsaken reduction than approaching in July

In July, on a monthly basis, a writer and import cost index in Switzerland purebred a dump of 0.10%, reduce than marketplace expectations for a dump of 0.20%. The writer and import cost index had purebred a arise of 0.10% in a before month.
Swiss writer and import cost index declined reduction than approaching in July
In July, a writer and import cost index available a dump of 0.80% on an annual basement in Switzerland, reduce than marketplace expectations for a tumble of 0.90%. In a before month, a writer and import cost index had available a dump of 1.00%.
US NY Empire State prolongation index declined surprisingly in August
The NY Empire State prolongation index in a US fell suddenly to a turn of -4.21 in August, compared to a reading of 0.55 in a before month. Market expectancy was for a NY Empire State prolongation index to arise to a turn of 2.00.
US sum net TIC flows declined in June
In a US, sum net TIC flows fell to a turn of $202.80 billion in June, compared to a turn of $11.00 billion in a before month.
US net book general collateral (TIC) prolonged tenure purchases available a dump in June
In a US, net book general collateral (TIC) prolonged tenure purchases eased to $3.60 billion in June. In a before month, net book general collateral (TIC) prolonged tenure purchases had available a revised turn of $40.80 billion.
US housing marketplace index purebred a arise in August
The housing marketplace index purebred a arise to 60.00 in August, in a US, compared to a revised reading of 58.00 in a before month. Market expectation was for a housing marketplace index to arise to a turn of 60.00.
Canadian existent home sales fell in July
Existing home sales eased 1.30% on a monthly basis, in July, in Canada. Existing home sales had forsaken 0.90% in a before month.
Japanese ability utilization climbed in June
Capacity utilization rose 1.50% on a MoM basis, in June, in Japan. Capacity utilization had depressed 2.40% in a before month.
Japanese industrial prolongation available a arise in June
In Japan, a final industrial prolongation climbed 2.30% in June, on a MoM basis. Industrial prolongation had purebred a dump of 2.60% in a before month. The rough total had indicated an allege of 1.90%.
Japanese industrial prolongation declined in June
In June, on an annual basis, a final industrial prolongation in Japan eased 1.50%. Industrial prolongation had depressed 0.40% in a before month. The rough total had available a tumble of 1.90%.

 

 

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