for info (google translated from French) HE PA
Post# of 658
Quote:
HE PARIS BOURSE LISTENING TO MARIO DRAGHI AND THREE CAC 40 COMPANIES
After the Fed is that the ECB will keep the attention on Thursday on the occasion of the meeting of its Board of Governors. Investors do not expect changes in interest rates, but hope indications of changes in its asset purchase program. Yesterday, the observations made by the Fed in its Beige Book confirmed that the US economy is improving without giving any indication of what it might decide in terms of normalizing its monetary policy. Wall Street also ended higher Wednesday through financial after the good results of Morgan Stanley, and the energy sector, boosted by the sharp rise in oil prices. Around 8:30, the future contract on October Cac 40 index gained 7 points.
Also in the United States, the last debate between Hillary Clinton and Donal Trump has just ended, time shift. It has not changed the lines except the Republican candidate declined to say whether he would accept the election results. According to a poll conducted by CNN, 52% of viewers surveyed believe that Hillary Clinton won, against 39% for his opponent. On the currency market the Mexican peso hit a high of six weeks before stabilizing. As the Canadian dollar, the peso evolves as statements of Donald Trump, opposed the North American Free Trade Agreement.
Draghi frontline after the contradictory rumors
The European Central Bank will announce its monetary decision at 13:45, then Mario Draghi will start its traditional post-council press conference at 14:30. Observers will be particularly attentive to any comments on the recent contradictory rumors that sometimes a "tapering", sometimes an extension of its quantitative easing program. The amount of asset purchases by 80 billion per month, to be completed in March 2017. Several analysts point out that the European Central Bank could suffer from a lack of eligible bonds to its purchasing program assets. If they do not expect ad Thursday, economists estimate that a decision is expected in December.
On the macroeconomic front, the market monitor to 10:30 on retail sales in September in the UK. Four US statistics will host the afternoon: the jobless claims and the Philly Fed October to 14:30 and sales of existing homes in September and leading indicators the Conference Board of the month at 16:00.
Don't be afraid to be outnumbered. Pigeons flock together. Eagle fly alone