Daily Market Report - August 8, 2016

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Welcome and good morning thank you for joining us for our Mondays financial daily report brought to you by anyoption.

Availability increased in July reaching a reading of a 165.3 points which is indicative of loosening credit in the U.S.

Foreign demand remains low amid soaring Yen as manufacturing sector shows no signs of recovery.

Tesla said that it would we repay 411 million dollars of convertible notes in 2018 which is expected to add up to the already existing cash pressure.

The Japanese yen is expected to find support thanks to unexpected increase of the difference in value between imported and exported goods, services, income flows and unilateral transfers.

The Chinese Yuan is expected to gain ground as difference in value between imported and exported goods during the previous month is supposed to increase.

The Canadian dollar is expected to be bullish as the change in the total value of new building permits issued in Canada is projected to increase.

The percentage of MBA represented mortgages which were at least one payment Nate during the previous quarter in the u.s. is expected to have relatively small immediate effects on the euro dollar pair.

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