08/10/2013 - October Daily Review
- Mark Densel
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October 8, 2013 - Daily Market News
The U.S. government is still closed, and no decision has been made whether or not to raise the debt ceiling . The trading volume is very light reflecting uncertainty in the market. U.S. stocks fell yesterday as investors have become increasingly concerned . S & P500 fell 0.9 % falling to its lowest level in a month iDow Jones also fell by 0.9 %. Asian shares rise to a three-week low as the Chinese markets reopened after a week-long vacation. The Nikkei 225 rose 0.21 % and the Hang Seng by0.9%. European stocks show little change.
WTI is trading higher in the Asian session , but trading volumes are very light . Delivery is back on track after a storm ugrozytropicheskogo Karen who stopped production last week. Gold finally respond to the situation the United States and increased trading vbliziodnogo week high. As we get closer to the 17th of October, we may see more volatility in the market. The market currently range , but as the Chinese market reopened , we can see the return of demand in the physical market . However, binary options traders need to be careful as there is still an expectation that suzheniekolichestvennogo easing could begin in the near future as long-term investments can be risky .
Home Today's events :
07.15 GMT: CHF - Swiss CPI (MoM) / ( year to year) - measures izmenenietsen goods and services from the point of view of the consumer . This is a key way to measure changes in purchasing trends and inflation.
10.00 GMT: EUR - German Factory Orders (MoM) - measures the change in the total volume of new orders placed with manufacturers purchase both durable and non-durable goods . This is a leading indicator of production .
12.30 GMT: CAD - Trade Balance - measures the difference in value between imported and exported goods and services during the reporting period. A positive number indicates that more goods and services were exported than imported.
23.50 GMT: JPY - Monetary Policy Meeting Minutes - a detailed report on the Bank's policy setting meeting in Japan , containing in-depth ponimanieekonomicheskih conditions that influenced the decision on where to set interest rates .