21 March 2017. Daily Market Updates

morning briefingGood Morning.
Market in Details
FX:
Bloomberg’s dollar index fell 0.1 percent, headed for a fourth straight loss.
EUR/USD climbed 0.1 percent to $1.0743
GBP/USD earlier touched $1.2436, the strongest level this month but  weakened 0.4 percent to $1.2348,reversing earlier gains on the day after Brexit announcement.
USD/CAD is fresh high 1.3369 due to better data from Canada like whole sale trade and higher imports and exports of motor vehicles.
AUD/USD broke 0.7740 to hit highest since November.
Rates:
The yield on 10-year Treasuries slipped four basis points to 2.46 percent after falling four basis points on Friday.
German bonds climbed one basis point to 0.44 percent.
French 10-year bond yields rose one basis point to 1.12 percent ahead of the televised election debate.
Equites:
U.S. stocks fell for the 4th time in 5 sessions as bonds strengthened and shares of financial companies declined. Volume on U.S. exchanges was the lowest of 2017.S&P 500 lost 0.2% to 2,373 at 4pm.Dow Industrials down less than 0.1% to 20,906.Financial stocks down 0.9% as 10-year Treasury yield lost 4bps.Energy shares down 0.1%; oil lower as an increase in U.S. drilling diminished the prospect of OPEC extending an output-reduction deal.
European stocks ended the session little changed after three days of gains, weighed down by declines in oil-and-gas shares and lenders.Stoxx Europe 600 Index down 0.2% at the close.Stoxx 600 down 0.64 points at 377.7.Dax down 0.4% at 12,052.9.FTSE 100 up 0.1% at 7,429.81.Stoxx Banks SX7P down 0.6% at 177.75.
The S&P/ASX 200 Index futures contract falls 0.2%; futures relative to estimated fair value suggest an early decline of 0.1%.
The MSCI Emerging Market Index added 0.7 percent.
Commodities:
Oil fell as a Libyan port is set to resume shipments and the U.S. drilling revival undermines the potential for OPEC output curbs to rebalance the market.
West Texas Intermediate crude slid 1.2 percent to settle at $48.22 a barrel. It has dropped 11 percent this month, heading for the steepest one-month slide since July.
Gold rose 0.2 percent to $1,226.14 an ounce to cap a fourth day of gains.
Base metals fell on the London Metal Exchange, with zinc falling 0.6 percent to $2,864 a ton.
Regards All.
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