My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
PBOC Injects CNY150 Billion at OMOs
Oct 19,2016

The Peoples Bank of China resumed the 28-day reverse repo and injected a total of CNY150 billion via open market operations on Wednesday, 19 October 2016. The central bank injected CNY65 billion through a seven-day reverse repo, CNY50 billion via a 14-day reverse repo, and CNY35 billion through the 28-day repo.

Powered by Capital Market - Live News

Resources leads Australia market rebound
Oct 18,2016

Australian share market closed higher on Tuesday, 18 October 2016, with materials and resources stocks leading rally on the back of positive commodity prices. At the closing bell, the benchmark S&P/ASX 200 index advanced 22.10 points, or 0.41%, to 5,410.80, while the broader All Ordinaries index was up 21.10 points, or 0.39%, to 5,492. Rising stocks outnumbered declining ones on the Australia Stock Exchange by 546 to 503 and 308 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.11% to 14.002

Powered by Capital Market - Live News

Asia Pacific Market: Stocks mixed ahead of key data
Oct 17,2016

Asia Pacific share market finished mixed on Monday, 17 October 2016, as traders digested U.S. Federal Reserve Chair Janet Yellens Friday speech and awaited US and Chinese data due this week.

Investors are watching key economic data including those on industrial production and inflation to weigh the outlook for when the Federal Reserve will raise borrowing costs. Fed Chair Janet Yellen signaled Friday the central bank will remain deliberate in raising interest rates as the odds for monetary tightening in December hovered above 60%.

On tap later this week is a deluge of data from China, including third-quarter gross domestic product (GDP), house prices, industrial production numbers, retail sales and fixed asset investment.

On Friday, Yellen said the central bank might want to let inflation run hotter for a while, pointing out that the economy had seen an unusual tendency for weak demand against strong supply. She said that made it reasonable to ask if there was a possibility to reverse adverse supply-side effects by temporarily running an economy with robust aggregate demand and a tight labor market.

Among Asian bourses

Australia Market sinks 0.83%

Australian share market stumbled on risk-off selloff across the board, with gaming, realty, utilities, pharma, industrial, and resources stocks leading losses. At the closing bell, the benchmark S&P/ASX 200 index declined 45.30 points, or 0.83%, to 5,388.70, while the broader All Ordinaries index was down 47.60 points, or 0.86%, to 5,470.90. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 682 to 385 and 306 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.38% to 14.602.

Shares in Crown Resort tumbled 13.9% to A$11.15 following news that 18 of its employees, including its executive vice president VIP International, Jason OConnor, were detained after a weekend raid of its offices. Shares in fellow casino operators Star Entertainment and SkyCity fell in sympathy, down 3.7% and 3.9% respectively.

Shares of resources, particularly coal miners, inclined on tracking strength in coal prices. Whitehaven Coal closed 3.5% higher after the coal miner said it expects coal prices to remain strong through the December quarter after settlements in Asian markets helped cut its borrowings. In a market update, the company said the price of semi-soft coking coal has surged to $US130 a tonne, higher than the $US70 a tonne Whitehaven fetched during the September quarter. South32 added 0.4%. Fortescue Metals Group was the days strongest stock by weight, up 2.7%.

Japan Market gains on yen easing

The Japan share market finished higher after swinging between gains and losses on the back of positive lead from Wall Street last Friday and the yens moderate easing against the dollar. However, market topside capped amid a wait-and-see mood before the release of key U.S. economic data this week and earnings from Japanese firms that fully kick off next week. The 225-issue Nikkei average gained 43.75 points, or 0.26%, to close at 16,900.12. The Topix index of all first-section issues ended up 5.37 points, or 0.4%, at 1,352.56. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1841 to 1031 and 410 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.55% to 19.90.

Japan Display Inc. surged 8.3%, leading gains on the Topix Electric Appliances Index, after SMBC Nikko Securities Inc. raised its rating on the stock to outperform from neutral.

Fukushima operator Tokyo Electric Power Co. slumped 7.9%, the biggest drop on the Nikkei 225 Stock Average, on dimming hopes that reactors at Kashiwazaki-Kariwa, the worlds largest nuclear plant, will be restarted as candidate opposed to the restart of Tepcos Kashiwazaki Kariwa nuclear plant won the gubernatorial race for Niigata prefecture, where the reactor is located, blurring the outlook for Japans largest power utility.

Aderans Co., a wig maker, soared 17% after the firm received a buyout offer that represents a 29% premium to the stocks Friday closing price.

TSI Holdings Co., a manufacturer of men and womens clothing, climbed 7% after the company reported 830 million yen ($8 million) in operating profit for the six months ended August, swinging from a loss of 422 million yen in the year-earlier period.

China Stocks drop 0.85%

Mainland China stock market finished the session down on Monday, 17 October 2016, with sentiment soured by a late-afternoon tumble in Shanghais U.S. dollar-denominated B shares as the yuan continued to weaken. All main sectors fell, with real estate shares leading the decline. The CSI300 index of the largest listed companies in Shanghai and Shenzhen dropped 0.85%, to 3,277.88 points, while the Shanghai Composite Index declined 0.74% to 3041.17 points.

The B-share sell-off comes amid increasing worries about yuans value, which touched a fresh, six-year low against the greenback on Monday. B-shares are dollar-denominated shares in Chinese companies, and thus vulnerable to further yuan depreciation.

Chinas yuan weakened against greenback on Monday as the Peoples Bank of China set the midpoint rate at 6.7379 per dollar prior to market open, weaker than the previous fix of 6.7157. but decline was limited as traders were hesitant to buy greenbacks amid concern the central bank may step in try to halt the Chinese currencys slide. The spot market opened at 6.7318 per dollar and was changing hands at 6.7329 at midday, 58 pips away from the previous late session close and 0.07% firmer than the midpoint.

Hong Kong Stocks fall 0.84%

The Hong Kong stock market closed down, on tracking weak cues from other regional bourses, with casino-related stocks leading losses on news that Chinese authorities detained employees at casino operator Crown Resorts for suspected gambling crimes. The Hang Seng Index was down 0.84% or 195.77 points to 23,037.54, while the Hang Seng China Enterprises Index dropped 0.63% or 60.32 points to 9,541.08. Turnover decreased to HK$53.6 billion from HK$60.3 billion on Friday.

Macau gaming counters led the decline on news that China authorities have detained 18 employees of Australian casino giant Crown Resorts for gambling crimes. Galaxy Entertainment (00027) and Sands China (01928) slid 4.3% and 3.3% to HK$29.3 and HK$33.85. The stocks were the top blue-chip losers today.

Standard Chartered (02888) soared 3% in early London trade, triggering late buying orders of its shares in HK. It ended up 1.5% to HK$62.6. HSBC (00005) edged down 0.8% to HK$58.05.

CRRC Times Electric (03898) jumped 3.7% to HK$39.65 after Macquarie upgraded its rating for the stock to outperform from neutral. China Communications Construction (01800) edged up 0.1% to HK$8.26.

Indian Market tumbles on weak European cues

Auto, telecom sector stocks and index heavyweights Reliance Industries, HDFC and HDFC Bank led modest losses for key benchmark indices in a volatile trading session. The barometer index, the S&P BSE Sensex, fell 143.63 points or 0.52% to settle at 27,529.97. The Nifty fell 63 points or 0.73% to settle at 8,520.40. Weakness in European stocks weighed on sentiment on the domestic bourses.

Data released by the government after market hours on Friday, 14 October 2016 showed that Indias trade deficit narrowed to $8.34 billion in September 2016, from $10.17 billion a year earlier. Imports declined 2.54% to $31.22 billion. Exports rose 4.62% to $22.88 billion.

UltraTech Cement fell 0.74% at Rs 4,008.70. On a consolidated basis, the companys net profit rose 25.05% to Rs 614 crore on 2.52% decline in net sales to Rs 5709 crore in Q2 September 2016 over Q2 September 2015. The result was announced during market hours today, 17 October 2016.

Elsewhere in the Asia Pacific region: New Zealands NZX50 fell 0.9% to 706.37. Indonesias Jakarta Composite index grew 0.2% to 5410.30. Taiwans Taiex added 0.1% to 9176.22. South Koreas KOSPI index rose 0.2% to 2027.61. Malaysias KLCI was down 0.3% at 1653.71. Singapores Straits Times index added 0.1% to 2817.07.

Powered by Capital Market - Live News

Australia Market sinks 0.83%
Oct 17,2016

Australian share market stumbled on Monday, 17 October 2016, on risk-off selloff across the board, with gaming, realty, utilities, pharma, industrial, and resources stocks leading losses. At the closing bell, the benchmark S&P/ASX 200 index declined 45.30 points, or 0.83%, to 5,388.70, while the broader All Ordinaries index was down 47.60 points, or 0.86%, to 5,470.90. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 682 to 385 and 306 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.38% to 14.602.

Powered by Capital Market - Live News

Japan Market gains on yen easing
Oct 17,2016

The Japan share market finished higher after swinging between gains and losses on Monday, 17 October 2016, on the back of positive lead from Wall Street last Friday and the yens moderate easing against the dollar. However, market topside capped amid a wait-and-see mood before the release of key U.S. economic data this week and earnings from Japanese firms that fully kick off next week. The 225-issue Nikkei average gained 43.75 points, or 0.26%, to close at 16,900.12. The Topix index of all first-section issues ended up 5.37 points, or 0.4%, at 1,352.56. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1841 to 1031 and 410 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.55% to 19.90.

Powered by Capital Market - Live News

China Stocks drop 0.85%
Oct 17,2016

Mainland China stock market finished the session down on Monday, 17 October 2016, with sentiment soured by a late-afternoon tumble in Shanghais U.S. dollar-denominated B shares as the yuan continued to weaken. All main sectors fell, with real estate shares leading the decline. The CSI300 index of the largest listed companies in Shanghai and Shenzhen dropped 0.85%, to 3,277.88 points, while the Shanghai Composite Index declined 0.74% to 3041.17 points.

Powered by Capital Market - Live News

Hong Kong Stocks fall 0.84%
Oct 17,2016

The Hong Kong stock market closed down on Monday, 17 October 2016, on tracking weak cues from other regional bourses, with casino-related stocks leading losses on news that Chinese authorities detained employees at casino operator Crown Resorts for suspected gambling crimes. The Hang Seng Index was down 0.84% or 195.77 points to 23,037.54, while the Hang Seng China Enterprises Index dropped 0.63% or 60.32 points to 9,541.08. Turnover decreased to HK$53.6 billion from HK$60.3 billion on Friday.

Powered by Capital Market - Live News

Mild gains for US stocks
Oct 17,2016

U.S. stocks closed slightly higher on Friday, 14 October 2016 finishing near lows of the session to turn in a second losing week in a row, after a trio of quarterly bank results topped analyst estimates and Federal Reserve Chairwoman Janet Yellen said there may be benefits to running the economy with a tight labor market.

The Dow Jones Industrial Average closed up 39.44 points, or 0.2%, at 18,138.38, for a 0.6% loss on the week. The S&P 500 index advanced 0.43 points to finish at 2,132.98, for a 1% decline on the week. The Nasdaq Composite index finished up 0.83 points at 5,214.16, for a 1.5% decline on the week.

On Friday, the financials and tech sectors led gainers. Goldman Sachs rose 1.9% and was the top performer on the Dow.

After a brief spike, stocks returned to levels seen just before Yellens speech and remained there until the near the end of the trading session, when stocks pared gains and the S&P 500 and the Nasdaq flirted with slipping into negative territory. In a speech in Boston on Friday, Yellen said it might be wise to run a n++high pressuren++ economy, one with a tight labor market, to reverse the negative effects of the Great Recession.

J.P. Morgan Chase & Co. dipped 0.3% after both its earnings and revenue topped analyst forecasts, though the results were still down from the prior year. Similar results were seen at Citigroup which closed up 0.3% after its quarterly report. Wells Fargo & Co. shares closed down 0.1%. While its results were ahead of expectations, questions continue to swirl following its sales-tactics scandal that led to the departure of the companys CEO John Stumpf earlier this week.

Data showed that consumer sentiment in early October, however, took a hit as concerns about the presidential election began to weigh, according to the University of Michigan. Fridays economic data included the PPI Report for September, the Retail Sales Report for September, Business Inventories for August, and the initial reading of the University of Michigan Consumer Sentiment Index for October. The Producer Price Index (PPI) for September showed a 0.3% increase in final demand prices (consensus +0.2%), led by a 0.7% jump in the index for final demand goods. Excluding food and energy, the index for final demand was up 0.2% (consensus +0.1%).Total retail sales increased 0.6% in September while sales, excluding autos, rose 0.5%. Both results were in-line with the estimates.

Separately, the University of Michigans Index of Consumer Sentiment dropped to 87.9 in the preliminary reading for October (consensus 92.4) from the final reading of 91.2 for September. The October reading is the second lowest level in the past two years.

Crude oil futures slipped on Friday, 14 October 2016 but managed a fourth consecutive week of gains as traders eyed a decline in U.S. crude production for the lower 48 states to a level not seen in more than two years. Futures also found some support from sizable weekly drawdowns in domestic gasoline and distillate stockpiles, which include heating oil, reported by the Energy Information Administration on Thursday, although inventories of crude oil climbed for the first time in six weeks.

November West Texas Intermediate crude lost 9 cents, or 0.2%, to settle at $50.35 a barrel on the New York Mercantile Exchange. For the week, prices rose 1.1%, after posting gains in each of the last three weeks.

December Brent crude on Londons ICE Futures exchange, the global benchmark, fell 8 cents, or 0.2%, to $51.95 a barrel, and ended higher for the week by less than 0.1%.

Latest data showed that domestic crude production for the lower 48 states fell by 36,000 barrels a day to 7.969 million barrels a day. That is the lowest level since June 2014.

On Friday, strength in the ICE U.S. Dollar Index which rose 0.5% as of golds settlement, put some pressure on dollar-denominated commodities. It was set for a gain of about 1.4% for the week.

Bullion prices ended lower at Comex on Friday, 14 October 2016. Gold futures settled lower on Friday as the dollar climbed on the back of upbeat U.S. retail sales data, but scored their first weekly gain in three weeks.

December gold fell $2.10, or 0.2%, to settle at $1,255.50 an ounce. Gold futures ended the week about 0.3% higher. December silver fell 1.7 cents, or 0.1%, to $17.441 an ounce, holding on to a nearly 0.4% gain on Friday.

Fridays trading volume fell came in below the recent average of 862 million as 785 million shares changed hands at the NYSE floor.

Mondays economic data will include the 8:30 a.m. ET release of October Empire Manufacturing (consensus 2.0). The Industrial Production (consensus 0.2%) and Capacity Utilization (consensus 75.6%) report for September will be released at 9:15 a.m. ET.

Powered by Capital Market - Live News

Singapore Non-oil domestic exports increased 2.4% in Sep 2016
Oct 17,2016

Non-oil domestic exports (NODX) increased by 2.4% in September 2016 on a month-on-month seasonally adjusted (m-o-m SA) basis, in contrast to the previous months 1.9% decrease, due to an expansion in both electronic and non-electronic NODX. On a SA basis, the level of NODX reached S$12.8 billion in September 2016, higher than the S$12.5 billion registered in the previous month.

NODX declined by 4.8% in September 2016 on a y-o-y basis, compared to the flat growth in the previous month. On a 3-month moving average (3MMA) y-o-y basis, NODX declined by 5.3% in September 2016, following the 4.5% contraction in the previous month.

Powered by Capital Market - Live News

Mixed finish for US stocks following Fed minutes
Oct 13,2016

U.S. stocks finished in a mixed mode but mostly higher on Wednesday, 12 October 2016 after minutes from the Federal Reserves September policy meeting showed support for a rate rise relatively soon but implied a go-slow approach. Rising bond yields and a strengthening dollar remained focal points in todays action as investors looked to substantiate their rate hike outlook with the minutes from the FOMCs September 20-21 meeting.

The Dow Jones Industrial Average closed up 15.54 points, or 0.1%, at 18,144.20. The S&P 500 index advanced 2.44 points, or 0.1%, to finish at 2,139.17. The Nasdaq Composite Index finished lower on the session, declining 7.77 points, or 0.2%, to close at 5,239.02, pressured by a slide in the biotech sector.

Shares of Nike and Travelers led the rise. Eight sectors finished in positive territory while three - health care, energy and materials ended the day with a loss. The S&P was led higher by the real estate, utilities and telecom sectors.

The minutes from the FOMCs September policy meeting indicated that there were a number of arguments for raising rates in September, but that the committee opted to wait for further data. All in all, there wasnt really any new news in the minutes, which essentially reinforced preconceived policy notions held by the market ahead of their release. Those notions revolved around a belief that the next hike in the target range for the fed funds rate will most likely occur at the December 13-14 FOMC meeting, barring any big economic potholes hit along the way. The next Fed meeting is scheduled for Nov. 1-2.

The dollar index moved 0.3% higher today.

Todays economic data at Wall Street included the weekly MBA Mortgage Index and the Job Openings and Labor Turnover Survey for August 2016. The MBA Mortgage Index indicated that mortgage applications fell 6.0% in the week ending 8 October 2016. This followed a 2.9% increase in the prior week. The August Job Openings and Labor Turnover Survey showed that job openings came in at 5.443 million from a revised 5.831 million (from 5.871 million) in July.

Crude oil futures fell on Wednesday, 12 Octobeer 2016 at Nymex as uncertainty over Russias willingness to cut production and a monthly rise in output from OPEC members sent prices lower for a second session in a row.

On the New York Mercantile Exchange, November West Texas Intermediate crude fell 61 cents, or 1.2%, to settle at $50.18 a barrel after losing 1.1% a day earlier. December Brent crude on Londons ICE Futures exchange lost 60 cents, or 1.1%, to $51.81 a barrel.

Lack of a clear commitment by Russia to slash production is exacerbating investors doubts whether or not the preliminary agreement OPEC members reached in late September to cut output by 200,000 to 700,000 barrels a day will be implemented. A condition of the cut is the understanding that Russia would be on board.

Bullion prices settled lower on Wednesday, 12 October 2016 at Comex. Gold futures settled lower pressured by modest gains in the dollar, but prices headed higher in electronic trade after the Federal Reserve released minutes from its September meeting. The minutes, which were released after gold futures settled for the session, showed that officials from the central bank held off raising interest rates in September even though they said there was a reasonable argument for an increase.

December gold settled at $1,253.80 an ounce, down $2.10, or 0.2%, for the session. It traded up at $1,257 an ounce in electronic trading about a half-hour after the FOMC minutes. Prices, however, had seesawed above and below the settlement level in the immediate wake of the release. December silver settled little-changed at $17.505 an ounce. December copper ended at $2.177 a pound, down just under a penny, or 0.4%.

Todays trading volume fell came in below the recent averages of 926 million as 655 million shares changed hands at the NYSE floor.

Tomorrows economic data will include weekly initial claims report (consensus 255k) and the Import/Export Price report for September, both of which will cross the wires at 8:30 a.m. ET. Separately, the Treasury Budget for September will be released at 2:00 p.m. ET.

Powered by Capital Market - Live News

Mixed and flat finish for US stocks
Oct 07,2016

U.S. stocks finished on flat and mixed note on Thursday, 06 October 2016. Investors abstained from making big bets ahead of Fridays much-anticipated September jobs report. Stocks sold off in early trade, but the market recouped much of its losses after a high-ranking European Central Bank official repudiated reports that the central bank had discussed tapering its bond-buying program.Aside from central bank policies and economic data, earnings are looming as an important market driver.

The Dow Jones Industrial Average shed 12.53 points to finish at 18,268.50. The Nasdaq Composite Index declined 9.17 points, or 0.2%, to close at 5,306.85, pressured by losses in biotechs. The S&P 500 index edged up 1.04 points to close at 2,160.77, with the materials sector topping the gains.

Sharp losses in Wal-Mart Stores and American Express weighed on the blue-chip benchmark. Wal-Mart Stores shares fell 3.2% after the retailer provided a lackluster outlook for 2017 at an investor meeting. Wal-Mart is a component of both the S&P 500 and the Dow industrials.

Trading was generally tepid as investors awaited Fridays jobs data, which will help them gauge the likelihood that the Federal Reserve will raise interest rates before the end of 2016. Ahead of the jobs report, Thursdays weekly jobless claims report pointed to extremely low levels of layoffs, suggesting that employers are reluctant to part with workers in a tight market.

Meanwhile, ECB Vice President Victor Constancio reportedly said there is no consensus to wind down bond purchases. There were earlier reports this week that bank officials had reached an informal consensus to taper the ECBs quantitative-easing efforts sooner than expected. The denial from the ECB is in keeping with market expectations that the ECB is reluctant to exit its quantitative-easing program and that it is more inclined to extend its loose monetary policy stance beyond March.

Mr. Constancio briefly rallied global bond markets when he denied reports from earlier in the week that suggested the central bank has held discussions about tapering its asset purchase program. That headline boost proved to be short-lived, however, as Treasury prices soon started to fade again, pushing yields back up.

Todays economic data was limited to Challenger Job Cuts for September and weekly initial claims. September Challenger Job Cuts reported in at 44,300, which compares to the prior months reading of 32,200. For the week ending 1 October, initial claims decreased by 5,000 to 249,000 (consensus 258,000). Continuing claims for the week ending September 24 fell by 6,000 to 2.058 million. Economic data showed that the number of people who applied for unemployment benefits fell by 5,000 to 249,000 in the final week of September, which bodes well for a strong payrolls number.

The yield on the benchmark 10-yr note, which slipped back to 1.71% after the Constancio headline first hit, finished higher by four basis points at 1.74%.

Third-quarter earnings season will kick off unofficially on Tuesday with Alcoas results.

Oil futures continued to climb, trading above $50 a barrel for the first time in four months. Gold futures retreated as a key dollar index gained. European stocks fell while Asian markets closed higher.

Todays participation was below the recent average as more than 796 million shares changed hands at the NYSE floor.

Tomorrows economic data will include the 8:30 a.m. ET release of the Employment Situation Report for September. The consensus expects the report to show an increase of 176,000 in nonfarm payrolls. Meanwhile, August Wholesale Inventories (consensus -0.1%) and August Consumer Credit (consensus$18.0 billion) will cross the wires at 10:00 a.m ET and 3:00 p.m. ET, respectively.

Powered by Capital Market - Live News

US stocks end higher for first time in three sessions
Oct 06,2016

U.S. stocks closed higher on Wednesday, 05 October 2016 by trading off session highs as they rebounded from losses of the past two sessions, fueled by rising oil prices. A resurgent services sector also helped to lift demand for equities and other assets perceived as risky. Wednesday marked the first finish in positive territory for the main U.S. stock-index benchmarks this week.

The Dow Jones Industrial Average finished up 112.58 points, or 0.6%, at 18,281.03, topped by more than 2% gains in both Caterpillar and Goldman Sachs Group. The Nasdaq Composite Index rose 26.36 points, or 0.5%, to end at 5,316.02. The S&P 500 index added 9.24 points, or 0.4%, to close at 2,159.73.

Seven sectors settled in the green with financials, energy, and materials leading the advance. The financials and energy sectors led the gainers, while telecom, utilities and real estate, weighed on the index.

Todays economic data included weekly MBA Mortgage Index, ADP Employment Report for September, August Trade Balance, Factory Orders for August, and ISM Services for September.

The MBA Mortgage Index indicated that mortgage applications rose 2.9% in the week ending October 1. This followed a 0.7% decline in the prior week.

The Trade balance report for August showed a widening in the deficit to $40.7 billion (consensus -$39.1 billion) from $39.5 billion in July. Factory orders increased 0.2% in August (consensus +0.1%) following a downwardly revised 1.4% increase (from 1.9%) in July. Total manufacturing shipments were unchanged after declining 0.4% in July. The ISM Non-Manufacturing PMI increased to 57.1 in September from 51.4 in August. September marked the highest reading for the index since October 2015.

Amid a flood of U.S. economic reports, Automatic Data Processing Inc. reported that private-sector employers added 154,000 jobs last month, down from 175,000 in August. ADPs jobs reading is considered an important indicator of labor-market health, though it is rarely predictive of the Labor Departments nonfarm-payrolls report, one of the most widely watched pieces of U.S. economic data. The governments September jobs report is due Friday morning.

Treasuries finished near their worst levels as yields rose through the curve. The yield on the 2-yr note increased one basis point (0.83%) while the yield on the benchmark 10-yr note rose two basis points (1.70%).

Todays participation was above the recent average as more than 962 million shares changed hands on the NYSE floor.

U.S.traded oil futures flirted with $50 a barrel for the first time since June, settling up 2.3% at $49.83 a barrel. Gold futures slipped, settling down 0.1% at $1,268.60 an ounce, as did a key dollar index after the ISM data.

Tomorrows economic data will be limited to September Challenger Job Cuts and weekly initial claims (consensus 258k), which will be released at 7:30 ET and 8:30 ET, respectively.

Powered by Capital Market - Live News

Australia Market gains; energy firms lead on OPEC deal
Sep 29,2016

Australian share market finished higher on Thursday, 29 September 2016, on the back of overnight gain in the Wall Street and the spike in crude oil prices. Almost all ASX sectors inclined, with energy, materials, industrials, and financial stocks being major gainers. At close of trade, the benchmark S&P/ASX 200 index rose 58.90 points, or 1.09%, to 5,471.30, while the broader All Ordinaries index was up 58 points, or 1.05%, to 5,558.20. Rising stocks outnumbered declining ones on the Australia Stock Exchange by 716 to 396 and 345 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.26% to 13.612.

Powered by Capital Market - Live News

Japan Market rebounds on offshore lead, weaker yen
Sep 29,2016

The Japan share market rebounded on Thursday, 29 September 2016, on the back of positive lead from Wall Street overnight and yen depreciation against greenback. Most of the TSE industry group inclined, resource-related names being major gainers following a decision by the Organization of the Petroleum Exporting Countries to cut output. The Nikkei average climbed 228.31 points, or 1.39 percent, to end at 16,693.71. The Topix index closed up 12.48 points, or 0.94 percent, at 1,343.25. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1431 to 543 and 87 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 4.17% to 19.77.

Powered by Capital Market - Live News

China Stocks edged up ahead of long holiday
Sep 29,2016

Mainland China stock market ended higher in thin trading on Thursday, 29 September 2016, with sentiment lifted by a jump in energy stocks as oil prices surged after OPEC members agreed to curb output in a surprise deal. Trading turnover in Shanghai continued to wane ahead of the week-long National Day holiday that starts on Oct 1. The CSI300 index of the largest listed companies in Shanghai and Shenzhen added 0.42%, to 3,244.39 points, while the Shanghai Composite Index inclined 0.36% to 2998.48 points.

Powered by Capital Market - Live News