You are currently viewing [RiosQuant Market Update] – 15th Nov ’13

[RiosQuant Market Update] – 15th Nov ’13

UPDATED 7:00 ET – European stocks advanced, with the Stoxx Europe 600 Index heading for a sixth consecutive week of gains, as investors awaited U.S. industrial data. U.S. index futures and Asian shares also rose.

FIXED INCOME – Treasuries fell, snapping a two-day gain, before reports economists said will show manufacturing in the New York region grew at a faster pace and industrial production expanded for a second month.

COMMODITIES – Crude Oil headed for a sixth weekly decline, the longest in 15 years, as rising supplies in the U.S. countered speculation the Federal Reserve will maintain economic stimulus.

CURRENCIES – The yen extended a third weekly slide versus the dollar as gains in stocks and the outlook for further global economic stimulus trimmed demand.

ECONOMIC DATA – CAD Manufacturing Sales and US Empire State Manufacturing Index due at 8:30, Capacity Utilization Rate and Industrial Production m/m at 9:15 ET.