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A financial announcement is a public issued report that is provided by a government institute, a major bank or a financial body. A financial announcement can also be held by a big public company or cooperative.  The financial announcement provides numbers and conclusions regarding a certain event that was analysed for that specific announcement. Financial announcements can be weekly, monthly, quarterly or yearly. Each financial announcement has its own markets which it influences. Each announcement has a different impact on the market impact scale. For traders the financial announcements are an important fundamental tool to determent direction of market movement, combined with the impact of the announcement on that market. Before the announcement is released we will see a forecast made by major institute’s analysts for that specific event, which will become a point of designation/origin for the actual announcement and the market behaviour afterwards.

 

Positive sentiment spread to the markets today after the EU and IMF policymakers made a deal late last night, on the Greek debt reduction targets in a move that will free up financial support for the country and prevent a default.

 

April 9, 2014 - Daily Market News

 

Today 's hot Assets : USD, GBP

 

Tensions over Ukraine escalated again yesterday. Ukrainian police regained control of the government building , previously occupied by pro - Russian demonstrators in Ukraine. Russian police responded by threatening that their actions could lead to civil war. This led to uncertainty back to the market and became a day of choppy trading. U.S. stocks rose as technology stocks including Google, Facebook and EBay gathered . The S & P 500 moved back above its key technical level of 1850 , gaining 0.38% and the Dow Jones won 0.06% . The Nasdaq composite index rose from its worst decline since 2011 and has increased by 0.81 %. Investors should focus on company earnings reports this week , including releases from JPMorgan Chase & Co. and Wells Fargo & Co. Asia stocks outside Japan rose still benefit from additional incentive be introduced in China. The Hang Seng won 0.85% . The Nikkei fell 2.1 percent as the yen strengthened the most against the dollar since August due to geopolitical tensions , and after news that the Bank of Japan kept its monetary policy unchanged and dismissed concerns about higher taxes. The dollar lost 1.2 % against the Yen trading at 101.96 yen compared with 101.63 yen . European stocks started the day higher after the IMF said yesterday that the ECB will consider quantitative easing and can start buying bonds in the next few months.

 

WTI Crude climbs and is currently trading above $ 102/barrel. Tension in Ukraine and falling U.S. dollar are pushing higher prices . The EIA also reduce crude estimation of the U.S. this year to 8.37 million barrels per day, and lowering its 2015 production forecast of 9.13 million barrels per day. Gold is also higher position as tensions in Ukraine urges people to invest in safe assets havens. Now attention will turn to the Fed minutes of meetings to be released later today. The Federal Reserve released the minutes of their meeting March 18 to 19 at 18:00 GMT and traders will look for clues about the future direction of monetary policy , including the rate of thinning and potential changes in interest rates .

 

Today's major events :

 

08.30 GMT: GBP - Trade Balance - measures the difference in value between imported and exported goods and services during the reporting period.

 

18.00 GMT: USD - FOMC Meeting Minutes - detailed record of the policy setting committee meeting , which took place about two weeks earlier.

 

23.00 GMT: USD - FOMC Member Tarullo Speaks - Due to speak to stabilize the financial system for growth and full employment of the Minsk Conference Hyman P, in Washington DC

 

23.00 GMT: GBP - RICS House Price Balance - measures the percentage of surveyors reporting increases in house prices in their specific domain .

 

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