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Markets are traded conflicting with the easing of tension in Turkey, and the lack of new economic data




The lack of new economic data limited the movement of prices on Monday with littlMarkets are traded conflicting with the easing of tension in Turkey, and the lack of new economic datae movement in the financial sectors. The events in Turkey, which caused volatility on Friday may have receded, which led to lower volatility. In spite of the continuation of some of the concerns about Britain's exit from the European Union, but he did not expect renewed reactions to these events, but if the United Kingdom made an official request to leave the European Union under item 50.

Earlier in the session, US stocks rose marginally driven by profits, higher expectations for many companies. And Bank of the United States has surpassed Wall Street expectations on earnings and revenue on Monday, profits shares rose 36 cents, compared to expectations by 33 cents. It is now Bank of the United States, the third largest financial institution topping earnings expectations in the second quarter. Last week, both Citigroup and JP Morgan Chase rose.

There was news of the fall of the morale of the personnel of the US home builders rose one point in July, according to the National Foundation of Home Builders. Factor was the driver of the weakness of the traffic and construction restrictions. However there was little reaction to the news, with most traders waiting for building permits and housing starts data on Tuesday.

Ascended the GBP / USD on Monday, where he regained part of Friday's losses that have occurred because of the attempted coup in Turkey, and then poured money into the safe haven US dollar. He achieved the EUR / USD move Mchaava for the same reason with less than average volume.

The pair US dollar / Canadian dollar continued to recover after the decline last week, which happened after the Bank of Canada's decision to leave interest rates unchanged. And lower crude oil prices and contributed to the fall of the report showed purchases foreign securities from 15.52 billion in the month of May to 14.73 billion in June, in support of a pair Forex. Traders had expected read rate of 15.39 billion.

Despite the rise in the stock market, it stepped decades COMEX gold futures for August on Monday after recovering early losses in the European session. Investors were strained following the failed coup in Turkey has encouraged some investors to seek protection in the gold market. The US dollar, which traded relatively unchanged in the support prices also contributed.

After several days of lateral move, it fell sharply in crude oil prices for delivery in September as investors digested the effects of the events in Turkey. The market fell by about 2% as investors shifted their attention to the bearish fundamental analysis. But losses were limited because of the disabled crude oil exports in Libya.

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