5 topics worth pursuing in the financial markets on Sunday
Here are the top five things you need to know in the financial markets for the day:
1. China's exports rising at the fastest pace in a year
Official data showed that China's exports jumped 11.5% from a year earlier in March / March, the first increase since June.
At the same time, Chinese imports fell less than expected in the second largest economy in the world remained strong despite the decline. .
News reported that global stocks rose, led by the FTSE 100 in London, 016 registered new record levels in 2- and mining stocks led the gains in the city in the hope that the increase in Chinese exports will lead to increased demand for basic ingredients such as commodities.
2. Crude Oil falls after Tlayha hopes to freeze production
Market participants accept to reap profits from black gold during the trading day Wednesday after downplayed Saudi Oil Minister Ali al-Naimi of the possibility of freezing production in the Al-Hayat newspaper.
The comments came after reports on Tuesday and according to which Russia and Saudi Arabia have reached a consensus on freezing production, it will be announced in Sunday's meeting of major oil producers to agree.
Moreover, data from industry group showed that the American Petroleum Institute's report late issued on Tuesday showed that US oil inventories rose by 6.2 million barrels .mleon 536.3 last week.
Analysts had expected a smaller increase modestly by 1.9 million barrels.
The Department of Energy Institute will publish a report on the official stocks during the later in the day. As analysts predict rise in US oil inventories increased by .1.85 million barrels.
And crude oil fell 1.47% to record US $ 41.45 a barrel at 09:54 GMT, or 5:54 pm Eastern time, while Brent fell by 1.12% to $ 44.19 a barrel.
3. JPMorgan is trying to set the tone for the season to achieve gains in the shares of the financial sector in the United States. "
Company: JP Morgan will publish quarterly earnings report on Wednesday, at 10:45 GMT, or 6:45 pm Eastern Time, the first report of the financial sector in the United States.
As markets will Bmahol get indications about the performance of US banks in the first quarter of the year amid environment marked by low interest rates and the volatility of financial markets.
Analysts expect first-quarter reports in the financial sector show profits fell by 9.2% in the 0.2% rise in sales.
4. The Bank of Canada and the United States issued statements Wednesday
Currency traders focused on movements in the dollar / Canadian prices, while the Bank of Canada will announce monetary policy and modernization in the economic outlook decision at 14:00 GMT or 10.00 am Eastern time, while waiting for expectations not to cause the Bank of Canada to any change in the interest rate to remain at 0.50% of the Central Bank of Canada.
Investors were also awaiting the release of reports on retail sales and PPI for the month of March 12:30 GMT or 8:30 ET for the month of February will also be issuing a report on business inventories 14.00 GMT or 10.00 am Eastern time in addition to the Beige Book from the reserve Fed at 18:00 GMT or 14:00 pm ET.
5. Japan's central bank insists on the possibility of further monetary easing
He did not rule out the Bank of Japan board member Yutaka Harada cut interest rates again to negative territory, especially "if there was a big risk."
But he admitted in a statement Wednesday that he can not say whether this risk exists at the present time, His comments came ahead of a meeting next monetary policy decision by the Bank of Japan to be held in April 28
The dollar rose broadly against the yen during trading on Wednesday, with the rise of the dollar / yen away from its lowest level in 17 months.
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