Top Gainers - global market
Over the past 7 days, the US dollar index has remained almost unchanged. Investors are expecting the Federal Reserve to raise interest rates from 5% to 5.25% at its meeting on May 3. According to CME FedWatch, the probability of such an event is estimated at 88.6%. The Australian dollar has strengthened in anticipation of inflation data to be released on April 26, which could affect the Reserve Bank of Australia's decision to raise interest rates (+3.6%) at its meeting on May 2. Inflation in South Africa rose by 1% m/m in March, lower than expected (+1.4% m/m), which contributed to the strengthening of the South African rand. Inflation in Japan in March was 3.2% y/y, higher than expected (+2.6% y/y). Japan's trade balance in March was negative (deficit) for the 20th consecutive month, which has led to a weakening of the yen.
1. COMMERZBANK AG, +10.7% – German bank
2. Independence Group NL, +10.6% – Australian manufacturer of non-ferrous and precious metals
Top Losers - global market
1. Seagate Technology – American manufacturer of computer storage drives and hard disk drives (HDDs)
2. Nokia Corporation – Finnish manufacturer of equipment for mobile communication.
Top Gainers - foreign exchange market (Forex)
1. CHFJPY, USDNOK - the rise in these charts means the strengthening of the Swiss franc against the Japanese yen and the US dollar against the Norwegian krone.
2. AUDJPY, AUDNZD - the rise in these charts means the weakening of the Japanese yen and the New Zealand dollar against the Australian dollar.
Top Losers - foreign exchange market (Forex)
1. EURZAR, USDZAR - the decline in these charts means the weakening of the euro and the US dollar against the South African rand.
2. EURPLN, GBPAUD - the decline in these charts means the strengthening of the Polish zloty against the euro and the Australian dollar against the British pound.