澳大利亚工业集团（AIG）7月5日给出的数据显示，澳大利亚6月AIG建筑业表现指数由上月的35.3改善至39.5，虽然依旧处于50荣衰分水岭之下，但其萎缩幅度在缓慢收窄。
Gold declined for the second day in London and the U.S. Dollar appreciated ahead of U.S. employment report that may signal the economy is growing, boosting speculation the Federal Reserve will taper bond purchases. Gold for immediate settlement slipped 1.3% to $1,234 per ounce. The August Bullion contract decreased 1.4% to $1,234.
Treasuries decreased for the second day ahead of the government data that economists predicted will indicate U.S. employers added jobs in June and the unemployment rate declined. The benchmark 10-year note yield jumped two basis points to 2.53% and the 1.75% bond maturing in May 2023 retreated 6/32 to 93 1/4.
Japanese consumers expect inflation to rise 3% in the next 12 months in June, indicating that country's reflationary policies might be working. The survey excludes the effect of a planned 3% increase in sales tax. The monetary stimulus is expected to increase spending and borrowing, however, the central bank has not yet achieved its target of 2%.
German shares advanced, prolonging yesterday's biggest rise for the DAX Index in almost three months, ahead of U.S. non-farm payrolls data that may impact the Fed's monetary stimulus. The DAX gained 0.2% to 8,012.65 as of 9:46 a.m. Frankfurt time, prolonging its climb in the previous two days to 2.3%, while the HDAX Index rose 0.2% today.
The Pound declined to the lowest point in more than a quarter as the BOE announced that it would keep monetary policy accommodative for longer than was expected. The Sterling dropped 0.4% to 1.5005 after it reached 1.4999, the lowest level since March 14. The currency also depreciated 1.4% yesterday. The Pound has slid 2% this year so far.
U.K. shares rose, with the benchmark index heading for the biggest one week advance in more than half year, before the U.S. jobs report. The FTSE 100 Index gained 0.3% to 6,438.75 as of 8:38 a.m. London time; moreover, the gauge added 3.1% on Thursday, the most in almost two years. The FTSE All-Share Index climbed 0.2%, while Ireland's ISEQ
Japan's stocks inched up, with the Topix index capping the largest rise in three weeks since April 2009, as the Japanese Yen depreciated and the European Central Bank and Bank of England underlined their determination to maintain interest rates low. The Topix jumped 1.5% to 1,188.58 and the Nikkei 225 Stock Average rallied 2.1% to 14,309.97.
Spanish and Italian 10-year government securities rose as the ECB indicated yesterday that it will keep its monetary policy accomodative. Yield on Spain's 10-year government bonds dropped 3 basis points to 4.62% after it decreased 12 basis points yesterday. Yield on similar maturity Italian government securities dipped 3 basis points as well to 4.37%. German yields increased 2 basis points.
The 17-nation currency dropped to the lowest level in five weeks versus the U.S. Dollar after the ECB's Draghi stated that interest rates will remain unchanged. The Eurozone's currency depreciated 0.7% to $1.2914 as of 5 p.m. in New York after slipping to $1.2883, the weakest since May 29. The Euro declined 0.6% to 129.18 Japanese Yen.
European shares inched up for the second day, with the Stoxx Europe 600 Index set for its largest weekly jump in two months, and investors expected report on the American employment rate. The Stoxx 600 advanced 0.2% to 292.75. The gauge is heading towards a 2.7% rise this week. Standard & Poor's 500 Index futures gained 1% and the MSCI
Stocks in Switzerland advanced for a second day in a row before the U.S. jobs data, which is expected to show that unemployment rate in the country decreased. The Swiss Market Index gained 0.5% and was last trading at 7,866.77, while the Swiss Performance Index jumped 0.5% as well. The SMI is still 6.4% below its level on May 22.
The Canada's currency reversed losses after the BoE and ECB stated that interest rates will remain low, boosting the allure of riskier investments. The Canadian Dollar fell 0.1% to C$1.0515 per U.S. Dollar as of 5:00 p.m. Toronto time after it dropped to C$1.0558 earlier. The Loonie has advanced 0.4% in the previous month versus nine developed country currencies.
The U.S. Dollar gained and stock prices increased before country's jobs data is announced, expected to show that employers hired 165,000 people in June. The Dollar Index jumped 0.9%, while S&P 500 future contracts increased 1%. The greenback rose 0.3% to 100.30 Yen. European stocks were little changed after yesterday's gain, while MSCI Asian Pacific Index gained 0.9%
The U.S. Dollar advanced against most of its major counterparts this week ahead of U.S. data today that may indicate companies created enough jobs to reduce the unemployment rate, fueling expansion prospects for the United States. The greenback jumped 0.3% to 100.30 against the Yen and added 0.2% to $1.2892 versus the 17-nation currency.
The British currency depreciated to the lowest level in five weeks versus the greenback after the BoE's Carney said that officials will remain interest rates unchanged. The Sterling declined 0.2% to $1.50545 as of 7:35 a.m. in London after reaching $1.5028, the weakest since May 29, while it traded at 85.72 pence per Euro after touching 86.33 pence on Thursday,
Most of the Chinese stocks dropped, led by health-care and energy companies that overshadowed increase in material producers' and property firms' stock prices. Shanghai Composite Index rose less than 0.1% to 2,007.2, whereas 488 shares dropped, while 406 gained. The CSI Index 300 and Hang Seng China Enterprise Index increased 0.2% and 1.9% respectively.
Gold prices jumped as concerns over Europe's debt crisis were raised by resignation of two Portuguese ministers and as record drop in prices last quarter fueled demand for the commodity. Gold dropped 23% last quarter as the Fed signed an early exist of its QE. A drop in prices increased Turkey's demand for the metal to 4.5-year high. Experts predict
Asian stock prices increased, while the Pound dropped to the lowest point in five week as the ECB and the BOE assured investors that they will not unwind their monetary stimulus any time soon. MSCI index of shares outside Japan jumped 0.5%, while Nikkei appreciated 1.3%. Hong Kong's and Australian stocks rose 1.4% and 0.7% respectively. The Pound dropped to
Rubber prices decreased due to signs that Chinese economy is slowing, increasing concerns about demand for the commodity. Rubber December contracts dropped 0.7% to 245.1 Yen per kilogram and was last traded at 245.9 Yen. This week's reports showed that Chinese growth in manufacturing and non-manufacturing slowed as the government is trying to decrease country's dependency on exports.
WTI oil prices jumped to almost highest level in 14 months and was heading towards second weekly gain as investors speculated that the U.S. will increase its demand. Future contracts were virtually unchanged and was at $101.24 a barrel on June 3. WTI for delivery in August traded at $101.03 a barrel today. Prices have increased 4.6% this week so
The New Zealand and Australian Dollars did not continue yesterday's appreciation against the U.S. Dollar before the U.S. announces its labour market data. The Aussie gained yesterday amid comments about loose monetary policy from the ECB and the BOE. The Australian currency lost 0.1% and traded at 91.35 U.S. cents, while Kiwi Dollar dropped 0.2% to 78.13 U.S. cents.
The Indian Rupee declined, heading towards a ninth week of consecutive depreciation. Losses continue to mount as investors pull money out of the country due to its current-account deficits. The comments by the Fed about the early end of its QE, which lead to funds flowing in developing countries, contributed to the Rupee's weakening. The currency dropped 1.5% this week
Spanish government bonds declined, with 10-year notes retreating for the third day in a row, as demand fell at a sale of the Spain's five-year securities. Spanish five-year bond yield advanced six basis points and the 4.5% security expiring in January 2018 dropped to 103.685. The 10-year note yield jumped three basis points to 4.80%.