Last Updated: 2016-10-19

Interest Rates

Fed Funds .4
Discount Rate 2.2
Repo Rate 1.50
Interbank Offerd Rate
1M .6250% 1Y 1.0938%
3M 0.7813% 2Y 0%
6M .9063% 3Y 0%

Foreign Currency

3 Month Offer 10 Year Treasury 30 Year Treasury
USD .85711% 1.6943% 2.4452%
EUR -.32086% .0020% .6291%
JPY -.03943% -.037% .5540%
JBP .38031% .8770% 1.5690%
CHF -.74380% -.4010% .0670%

Exchange Rates

/ 1.0970 0.00%
/ 104.20 0.00%
/ 1.2192 0.00%
/ .9900 -1.22%
/ 0.30270 3.04%
/ 114.30 -13.30%

Commodities (USD)

Gold Oz 1250.55 5.66%
Silver Oz 17.41 11.63%
Oil Brl 48.12 -16.06%

Stock Markets

DOW JONES 18123.80 4.01%
NASDAQ 5275.91 11.4%
DAX 30 10276.17 -4.35%
NIKKEI 225 16519.29 -13.21%
FTSE 100 6710.28 7.50%
CAC 40 4332.45 -6.57%

Kuwait Stock

Index 5428.91 3.43%
Bkg. Sector
Bus. Sector 785.46 15.48%
Ind. Sector 1158.10 -9.94%
Ins. Sector 1003.90 12.26%
Real Est. Sector 820.68 14.63%

Economic Indicators

Location Description Forcast Previous
9:30 CA Manufacturing Sales 1.7

Foreign Exchange

Country Comments
EUR EUR/USD recovery gathered pace in Asia, but the momtneum was not strong enough to push through 5-DMA hurdle at 1.11. ECB is not expected to tweak its policy tomorrow, however, markets would scan the policy statement and would be all ears for Draghis speech for clues regarding possible timing of the QE Taper. Experts believe QE Taper is unlikely to happen any time soon and Draghi is likely reiterate readiness to run the QE program as long as required. As for today, US-German bond yield differential, US housing data and Fed speak could influence the pair. The spot was last seen trading around 1.0985 levels.
JPY The USD/JPY pair finally broke the overnight consolidation phase to the downside post-Tokyo open, before the bulls fought back control and drove the rate back towards 104 handle on the release of Chinas Q3 GDP report. The JPY bulls try hard to keep its control over the USD/JPY pair, as markets digest the latest Chinese Q3 GDP report, industrial production and retail sales data, which came out mixed. The pair is last seen exchanging hands at 103.81, recovering from 103.66 – daily lows.
GBP Currently, GBP/USD is trading at 1.2299, up 0.01% on the day, having posted a daily high at 1.2306 and low at 1.2292. The dollar has been on the backfoot and has enabled a recovery in the pound back to the 1.23 handle. The daa n the US is soft and this is keeping the idea of a Fed hike on the back burner. Atthe same time, UK data showed that CPI was rising from 1.3% to 1.5% (vs 1.4%b expected). We have UK jobs tomorrow as the main event ahead of US housing starts and permits that analysts at Westpac suggested should continue their volatile patterns but the uptrend remains intact.FOMC member Williams will speak in New Jersey.
CHF USD/CHF was trading at 0.9890.

Money Market

Code Country Comments
USD U.S. government debt prices traded higher on Tuesday, as investors prepared for more news out of leading central banks, while keeping an eye on oil and new data releases. The yield on the benchmark 10-year Treasury note sat lower at around 1.75 percent at 3:10 p.m. ET, while the yield on the 30-year Treasury bond was also lower at 2.51 percent. Bond yields move inversely to prices. The two-year note yield neared a session low of 0.803 percent, its lowest level in two weeks, while the 10-year note yielded as low as 1.745 percent.

Stock Markets

Code Country Comments
EUR European stocks on Tuesday notched their strongest daily advance in nearly a month , with the charge led by gains in bank shares. The Stoxx Europe 600 leapt 1.5% to 342.48, the biggest percentage rise since Sept. 22, according to FactSet data. All sectors moved up, topped by the financial and utility groups. Within financials, bank shares bounced up, pushing the Stoxx Europe 600 Bank Index up more than 2%.
JPY Asian shares were broadly higher early Wednesday, tracking overnight gains on Wall Street, while key data out of Chinamet market expectations. The worlds second-biggest economy expanded 6.7% in the third quarter from a year earlier, matching growth in the previous quarter, official data showed Wednesday. The figure was also in line with a forecast by economists polled by The Wall Street Journal. Meanwhile, September retail sales data jumped 10.7% from a year earlier, matching expectations, though industrial output, which gained 6.1% from a year earlier, was below the 6.4% forecast.
GBP Stocks in the U.K. closed with their best gain in two weeks Tuesday, as retail shares advanced, although Burberry Group PLC tumbled by the most in a year as the high-end fashion houses financial update was a disappointment to investors. The FTSE 100 popped up 0.8% to close at 7,000.06.
USD U.S. stocks closed solidly higher Tuesday as several big companies delivered positive surprises in their quarterly earnings reports. Health care companies led the gains, which were broad and wiped out modest market losses from the day before. Energy stocks also rose as the price of crude oil recovered from an earlier slide. The Dow Jones industrial average rose 75.54 points, or 0.4 percent, to 18,161.94. The Standard & Poors 500 gained 13.10 points, or 0.6 percent, to 2,139.60. The Nasdaq composite added 44.01 points, or 0.9 percent, to 5,243.84.
KWD The Kuwait stock exchange is currently at 5,283.59.