If this Newsletter does not display properly click here to view it online.
Daily Market Report
for 16/12/2017
Rupee hits 3-month high against $ as exit polls predict BJP win in Gujarat ...
16 Dec 2017 03:15 Moneycontrol.com
Now this buying is mostly in equities as this is the time of year when these investors typically unwind their positions in debt. But at current levels, debt yields are attractive and as and when limits become available, FPIs will buy more,” Banerjee ...  more...
UPDATE 1-Speculators raise net-short dollar bets to $7.81 bln -CFTC, Reuters
16 Dec 2017 10:22 Reuters
The Reuters calculation for the aggregate U.S. dollar position is derived from net positions of International Monetary speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars. Japanese Yen (Contracts of 12,500,000 ...  more...
EU Leaders Seek Plan to Shore Up Euro Amid Risk of Inertia
15 Dec 2017 22:43 Bloomberg
“Sound fiscal policies and a competitive economy make the euro stronger. Running the money press won't,” Dutch Prime Minister Mark Rutte told reporters after the end of the first day of the leaders' summit.  more...
Wide-ranging advance lifts TSX; Canadian dollar drops
16 Dec 2017 05:41 Toronto Star
Canada's main stock index is up moderately this morning in a broad-based advance spanning several sectors. The Toronto Stock Exchange's S&P/TSX composite index gained 57.86 points to 16,074.32, after 90 minutes of trading, with lift coming from Linamar ...  more...
Canadian dollar slides vs firmer greenback after factory data disappoints
16 Dec 2017 10:45 Reuters
“That does contribute a bit more in the price swings in the Canadian dollar.” The Bank of Canada is leaving the door open to further interest rate hikes in early 2018, making it clear that a number of uncertainties that could derail the economy, such ...  more...
The Euro Zone Needs More Than a New Roadmap
15 Dec 2017 20:52 Bloomberg
The Commission document does little to address these problems, which can only be resolved by member governments. The least convincing idea endorsed by Juncker is the creation of a financial vehicle for dealing with economic shocks that affect only a ...  more...
Key calls for 2018 on the Canadian dollar, housing, rates and NAFTA. (And then ...
16 Dec 2017 00:20 The Globe and Mail
"With the Fed expected to be more active than the Bank of Canada in reducing policy stimulus in the early part of the year, we expect Canada's dollar will weaken modestly. This underperformance against the U.S. dollar is forecast to be short-lived with ...  more...
Switzerland unveils world's steepest funicular railway
16 Dec 2017 04:11 CNN
(CNN) - It looks like a string of giant hamster wheels, but the world's steepest funicular railway is being hailed for its revolutionary design.  more...
EU not in rush to reform euro zone as economy performing: Lithuanian president
15 Dec 2017 21:32 Reuters
Among the ideas for deeper integration, which would help protect the economies of the 19 countries now sharing the euro, are a euro zone budget, a euro zone finance minister and parliament, transforming the euro zone bailout fund into a European ...  more...
Quick Links
 FinData Link Market Overview
 FinData Link Latest News
 FinData Link Currencies
 FinData Link Commodities
 FinData Link Portfolio
Home| News| Markets| My FinData| Portfolio| Contact
Site Map| Advertise Online With Us| Terms of Use| Privacy Policy| About FinData| Feedback
This email was sent to the following address: [CustomerEmail]
Why did I receive this email? [Source]
If you do not want to receive future Daily Market Report emails from findata.co.nz, click HERE

© FinData Limited 2008. All the material on this page has the protection of international copyright. All rights reserved.