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October 23 , 2013 - Daily Market News

 

Today saw assets : GBP, CAD

 

Asian stock as investors started to withdraw their profits after last week's growth of more than 1 % . 1.95 % and Chinese Japanese stock index Nikkei stock index Shanghai SE therefore end up losing 1.25 % . Despite yesterday's disappointing U.S. non- farm payrolls S & P500 index finished with a 0.6 % profit and the price of its historical maximum . Positive pressure on the American market, there was speculation on the evolution of monetary stimulus . Out of the NFP was not good due to the fact that , in March 2013, before the market hit its 85 billion dollar program will begin scaling back the forecast .

 

U.S. dollar weakened against all major pairs . EUR / USD is trading about 2 years maximum . The USD / JPY on the disappointing NFP reacted quite differently . We expect approximately 97.20 per pair with a delay in the actual decline . Looking back on a strong support level of 96.60 yen to the Japanese government , but we have a large trade deficit of the balance of the strong yen , due to the fight that should not be forgotten .

 

The main events :

 

8:30 GMT : GBP - MPC Asset Purchase Facility votes - MPC members vote on Amount of money to make up for the program . Individual votes MPC meeting minutes are released after 2 weeks .

 

8:30 GMT : GBP - MPC official Bank Rate Votes - MPC members increase / decrease / how many voted to hold rates .

 

12.30 GMT : USD - import prices - buy local change in the price of imported goods and services .

 

14.00 GMT : CAD - BOC Rate Statement of - BOC uses to communicate with investors about monetary policy is the primary tool . The interest rates and commentary about the economic conditions that influenced their decision on the outcome of their decision . Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions .

 

21:45 GMT : NZD - Trade Balance - Five reports the difference in value between imported and exported goods and services measures . A positive number imported more goods and services were exported than that suggests .

 

January 16, 2014 - Daily Market News

 

Today Hot Assets : EUR , USD

 

U.S. data yesterday was positive boost market sentiment . The Core PPI increased by 0.3 % and the index NY Empire State manufacturing came out much higher than expected at 12.51 (instead of 3.75 ) . The Beige Book was also released and showed the U.S. economy continues to grow at a moderate pace and that the economic outlook is still positive . As a result U.S. stocks gained as follows disappointment NFP Friday declined. The S & P 500 rose 0.52 % and the Dow Jones rose 0.66 % . Asian stocks were mixed . The Nikkei fell 0.39 % after conflicting data . The Hang Seng , however , increased by 0.37 % after China Mobile received more than 1 million orders for the iPhone before reaching the markets on Friday . European stocks opened with little change , investors should focus on the ECB report at 9:00 am ( GMT) and Core CPI at 10.00 ( GMT ) .

 

WTI gained momentum after the EIA reported that inventories fell by 7.66 million barrels . As oil production was resumed in Libya Sharara field has been reported that the production has risen to about 600,000 barrels per day . It was also disclosed that exports can increase Iran after an agreement with Russia . Both these factors put some pressure on the price and, consequently , fell during the Asian session. Gold fell after the news that the IMF raised its forecast for global growth and as the dollar showed strength after positive data . The price rebounded today and rose slightly , but investors should focus on U.S. data , including core CPI at 13:30 ( GMT ) and Bernanke's speech at 04:10 ( GMT ) .

 

Today Main Events :

 

09:00 GMT : EUR - ECB Monthly Report - contains statistical data that policymakers evaluate when interest rates . The report also provides a detailed analysis of current and future economic conditions from the point of view of the bank.

 

10:00 GMT : EUR - Core CPI - measures the change in prices of goods and services purchased by consumers , excluding food, energy , alcohol and tobacco

 

13:30 GMT : USD - Core CPI - measures the price changes of goods and services , excluding food and energy. The CPI measures price change from the perspective of the consumer

 

15:00 GMT : USD - Philadelphia Fed Manufacturing Index - rates the relative level of general business conditions in Philadelphia .

 

16:10 GMT : USD - Fed Chairman Bernanke Speaks - Due to a speech entitled " The Fed Yesterday , Today and Tomorrow " at the Brookings Institution in Washington

 

2014 July 25 - Daily Market News 

 

Today's Hot Property: USD 

 

United States shares with little change after trading in a narrow range finished. S & P 500 in a record 27 times this year closed 0.05% higher. The Dow Jones lost 0.02%. Earnings reports were mixed. GM recalls hit after profit dropped 80%, Caterpillar declined 3.1% and Amazon also reported lower-than-expected loss of the second quarter of millions of dollars 126. However, facebook 5.2% after beating expectations jumped. Asian stocks climbed in the area. Indices Hang Seng, now at its highest level since 2011, said buying by foreign funds was 0.19% as CNBC report cited as helping to support the market. Nikkei stock index added 1.13% as the yen weakened against the dollar, trading at ¥ 101.77 from 101.53 ¥. European markets are mixed to lower. At present, DAX is down 0.21% 0.39% lower and the FTSE 100. CAC 40 in France unchanged. 

 

WTI crude oil fell below $ 102 / barrel is traded. This is followed by 3.4 million barrels last week, gasoline storage and increased resources in New York harbor, a maximum of 6 years. Support can be found in Europe that the EU sanctions may be in response to increased tension in Russia will increase. Gold yesterday declined after initial jobless claims were better than expected. Improved prospects for economic growth, reducing demand for the metal. Investors also continued to invest in the stock as a replacement for the gold. 

 

Today's main events: 

 

08.00 GMT: EUR - Home Business climate in Germany IFO - Business Climate rates in Germany and the current expectations for the next six months 

 

08.30 GMT: GBP - GDP - Inflation measures the annual change in the value of all goods and services produced by the economy 

 

12.30 GMT: USD - Core Durable Goods Orders - measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation

 

24th October 2013 - Daily Market News

 

Today's Hot Assets : USD, Gold

 

China released its HSBC PMI Manufacturing today , which came in at 50.9 compared to 50.5 expected . This shows that their production economy grows . Japanese stocks rose with the Nikkei closing 0.42% higher after the PMI data and how companies reported strong earnings growth expectations , including Hitachi and LG Household and Health Care Ltd. However, beat , the Hang Seng closed 0.77 % lower on fears of a liquidity shortage in the Chinese financial system . U.S. stocks closed lower as investors locked in profits from their previous rally and how companies released lower than expected earnings . The S & P 500 closed 0.47 % lower and the Dow Jones closed 0.35 % lower. European stocks opened higher today pushed by stronger corporate results by Daimler AG and ABB Ltd.

 

WTI rose after positive Chinese PMI. China is the second largest oil consumer and production expansion would lead to higher demand drives prices higher. Gold is little changed today , as the market awaits key data is released later in the day . Today we will have further training and U.S. initial jobless claims numbers at 12.30 GMT clock . Dealers are still in search of a glimpse of that when they can expect to begin rejuvenation and if the claims are lower than expected , it may suggest tapering is more likely to happen sooner .

 

Today's main event :

 

08:00 GMT: EUR - Manufacturing - measures the activity level of purchasing managers in the manufacturing sector . A value greater than 50 has an extension in the industry , refers to a reduction in 50th Traders watch these surveys closely because purchasing managers usually early access to data about their company's performance , which can be a leading indicator of overall economic performance , have access.

 

12:30 GMT : USD - Initial jobless claims - measures the number of individuals who filed for unemployment insurance for the first time in the past week . This is the earliest U.S. economic data , but the market impact varies from week to week.

 

12:30 GMT : USD - Jobless Claims - qualify measures the number of unemployed receiving benefits under unemployment insurance.

 

12:30 GMT : USD - Trade Balance - measures the difference in value between imported and exported goods and services over the period . A positive number indicates that more goods and services were exported than imported

 

14:00 GMT : USD - New Home Sales - measures the annualized number of new single-family homes that were sold in the previous month . This report tends to have more influence if it is before the Existing Home Sales because the reports are released are closely correlated.

 

23:30 GMT : JPY - Tokyo CPE Core (YoY) - measures the change in prices of goods and services bought by consumers in Tokyo , excluding fresh food .

 

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