Home » Economy » +++ Exchange ticker +++ – Swiss exchange before friendly opening | News

+++ Exchange ticker +++ – Swiss exchange before friendly opening | News

Wednesday, August 23rd, 2017 | Economy

08:40
The euro did not find a clear direction in early trading on Wednesday. After a few minor fluctuations, the Community currency was last at USD 1.1754, roughly at the level of the previous evening. The euro is virtually unchanged as against the Swiss franc at CHF 1.1378. Correspondingly, the dollar-franc exchange rate hardly changed at 0.9680 CHF.
Meanwhile, the British pound remains under pressure. On Wednesday, one euro cost GBP 0.9177. This has reached a peak since 2009 – apart from a brief "flash crash" at the pound last October.
According to traders, last but not least the restrained reactions on the part of the EU to the proposals from London: last Monday, the British Brexit Ministry presented a position paper on the future trade with the EU, on Wednesday a paper on the future role of the European Court of Justice For Great Britain and proposals for data protection will be available on Thursday.
+++
08:20
The SMI shows an increase of 0.13 percent, rising to 8975 points. The recovery trend could continue somewhat, said a trader. The guidelines from the USA were friendly and the franc had weakened against the euro and the dollar.
However, investors may be reluctant to keep up with the purchasing managers' indices to be published during the day from the euro zone and the US. Also due to the start of the symposium on the Thursday of the Notenbanker in the US Jackson Hole should not be expected with increased readiness of the market participants, it continued.
The Credit Suisse share is the most buoyant (+0.2 percent). The remaining shares are also slightly higher (at pre-market prices). In minus, the Geberit share (-0.89 percent) is the only one. The Royal Bank of Canada has now downgraded the Santi group to "selling". According to Canadians, the slowdown in growth is not in line with the high valuation of the share.

#Switzerland today: Emmi, Zur Rose report earnings pic.twitter.com/Ew0ZsJwFEZ
– Bloomberg Zurich (@switbloom) August 23, 2017

In the absence of any other impetus, investors are focusing on shares from companies from the second row. The milk processor Emmi, the drug producer Siegfried and the shipping pharmacy Zur Rose have published the interim balance sheets and thus can not fully meet the expectations of the analysts. Emmi corrected the sales forecast for the year as a whole. Siegfried delivered a mixed picture. "The reingewinn is higher than expected, the rest is underneath," said a trader. To the rose again had made more loss than assumed.
+++
8:15
The good Wall Street sentiment on Wednesday jumped only marginally to the Asian stock markets. New statements from US President Donald Trump held back many investors from exposure. Japan's prices rose moderately, but fell in Australia and South Korea. In mainland China, investors differed. The Hong Kong stock exchange closed due to Taifun Hato.

Hong Kong hoists its highest storm warning in five years as Typhoon Hato hitshttps: //t.co/yqJtzOj6aZ
– Wall Street Journal (@WSJ) August 23, 2017

On the eve, Trump had raised uncertainty on several fronts during a performance before supporters in the city of Phoenix, Arizona. On the one hand, he questioned the North American free trade area Nafta, which raised the general concern for free trade. On the other hand, he threatened with the stoppage of the federal authorities if he did not receive the funding from the Congress for his required wall on the border with Mexico.
+++
07:40
The typhoon "Hato", furious in southern China, lures Hong Kong stock exchange trading. The stock market remains closed all day. In Hong Kong, hundreds of flights are canceled, schools and many offices are expected to remain closed.
+++
07:35
Oil prices fell in early trading on Wednesday. A barrel (159 liters) of the North Sea Brent for delivery in October cost 51.69 USD in the morning. That was 18 cents less than on Tuesday. The price of a barrel of the American variety West Texas Intermediate (WTI) fell by 13 cents to 47.70 dollars.

"Oil price spike"
– Jim Watkins (@jimatworldoil) August 23, 2017

The correction of a pipeline blockade in Libya had something on the prices pressed, it was from the trade. A few days ago the aid had been stopped on the biggest oil field of the country because of the blockade.
+++
6:45
The Nikkei index rose by 0.3 percent to 19'444 points, while the wider topix also increased by 0.3 percent to 1600 meters. Many investors hope that the US Republicans can still agree on a tax reform. There is also the hope that the debt ceiling will be raised in time so that the US government will not suffer from payment difficulties.
Toshiba's focus was on individual values. According to one report, the electronics company is concentrating on the sale of its chip division on Western Digital. Investors are hoping for a faster conclusion of the business. The shares rose by 4.6 percent. On the foreign exchange market, the dollar was trading at 109.47 yen. The euro was 1.1763 dollars.
(Reuters / AWP / cash)

Related

Donald Trump also threatens Maduro with

First North Korea, now Venezuela: US President Trump also threatens the South American

Bitcoin Price Movement

Bitcoin Price Movement Bitcoin is a worldwide cryptocurrency and digital payment system:3 called

Huge greasy clogged up in London sewers

A monstrous greigeberg clogs a sewer in the middle of London. The lump

Bitcoin Price Graph Inr

Bitcoin Price Graph Inr The Kitco Bitcoin price index provides the latest Bitcoin