Friday, 20 January 2017

The dollar is lower, the apartment of stocks as care creeps in before Trump's inauguration

LONDON (Reuters Agency) – The dollar has promoted below while stocks have been a little changed on Friday as the investors constrained before Donald Trump's inauguration as the American president and the speech which could shed some light on his principles of economic policy.

Establishing questions of how Trump's administration would execute the ambitious agenda of lower taxes, it is more than government expenses and more free instructions saw a pause on a meeting after elections in dangerous assets.

Fears about details of inaugural speech of Trump compensate the best, than it was expected economic data from China and comments from the head of the Federal Reserve System Janet Yellen in whom she seemed to less predatory, than previous day.

Tens of thousands of law enforcement officers and miles of barriers were on the place in Washington the District of Columbia as officials prepared for hundreds of thousands of people planning to celebrate or oppose Trump's inauguration.



The dollar has lost an impulse with a dollar index & lt; .DXY> which traces the dollar in relation to six main currencies falling 0.1 percent.

"All eyes will be supported also style of inaugural speech of Trump", strategists of Morgan Stanley led by Hans Redeker in the note have written.

"The More 'presidential' this speech faces, the result for the markets is better", strategists have written.

European actions & lt; .STOXX> have opened weaker before to compensate some losses to trade in the apartment. Trade was changeable with mining industry of actions, the largest beneficiaries of the meeting of reflation generated by a victory on Trump's elections, the biggest resistance for indexes.

The reference index of Europe has been balanced within the worst week prior to a victory on Trump's elections last November.

Care prevailed through classes of assets with expenses on loans in the eurozone pulling further away from one-month maxima on Friday while appetite to a debt of a safety zone has supported Embankments.

Ten-year profitability of bonds in Germany, the biggest economy of the eurozone and its reference releasing, has fallen to 1 point to 0.29 percent .

"He is (Trump) probably to speak about creation of jobs and reunification of the USA, and we probably should wait a little longer than details about economic measures", the strategist of the fixed income of Natixis Cyril Regnet has told.

Streams of fund in the preparatory period to an inauguration on Friday indicate the investors moving to less dangerous assets and taking in some profit in bank stocks and a highly productive debt.

Funds of precious metals saw the first inflows in 10 weeks, according to data from the spy of EPFR and Bank-of-America-Merrill-Lynch fund while money has taken out from the funds concentrated on stocks of financial documents and highly profitable bonds.

Funds of precious metals saw the first inflows in 10 weeks, according to data from the spy of EPFR and Bank-of-America-Merrill-Lynch fund while money has taken out from the funds concentrated on stocks of financial documents and highly profitable bonds.

The gold prices which are carried out steady and, went within the fourth week in a row profits. The American gold futures <gccv1> have increased by 0.1 percent to $1,202.7 for ounce.

Also in the commodity markets, prices of oil raised, supported by expectations of more difficult delivery and on messages on the record Chinese requirement. [O/R]

The economy of China has grown by more bystry, than 6.8 percent in the fourth quarter raised by higher government expenses and the record bank loan were expected, having given him the fair wind going to the fact that as expect, will be rough year.

<lcoc1> Brent crude oil, the international assessment, has raised on 29 cents to $54.45. The American futures of crude oil of West Texas average (WTI)  bought at more expensive price of 31 cent at the level of $51.68 for barrel. 

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