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April 29, 2014 - Daily Market News

 

Hot assets of today : GBP, USD, CAD, yen

 

After the news of the merger and potential Pending Home Sales data plus , U.S. stocks were higher primarily . S & P500 closed at 0.53 percent sales Dow Jones was closed at 0.32 percent higher . The gain , after it was confirmed that for the acquisition of $ 100 billion equivalent , Pfizer is close to AstraZeneca , Pfizer and Microsoft has been led . However , companies such as linked by subtracting the low refractive index Amazon like this , and Netflix , by off of technology stocks and the Internet , in order to sell other , Nasdaq , were down slightly . Shares in Asia were good and close at 1.45% of sales News Next revenue from Hansen and Agricultural Bank of China and Bank of China . May remain on holiday , it was closed , the Japanese market , remained at 14,228.23 Nikkei that way . In the European market , after another round of earnings , high large , it is today . The FTSE 100 in London , at 0.71% maximum , though it is up to 0.42% , at the moment , the DAX, CAC 40 in France is 1.19% maximum .

 

WTI crude oil is climbing after applying the new sanctions on Russia in the west . EU imposes sanctions on officials of Ukraine 15 , the United States imposed sanctions on 17 companies and seven Russians . Energy supply has not been affected yet, but the risk is present in the market yet . According to the traders , now , from the API of today for tomorrow and later it will look to the inventory data from the EIA. Last week , EIA is as reported record profits , this will be closely monitored . Previously , gold has fallen of FOMC minutes to be announced tomorrow . The Federal Reserve , we will continue to pace their current taper , there is expected to reduce the quantitative easing of $ 10 billion further .

 

The main event of the day :

 

08.30 GMT: GBP - gross domestic product - the value of the inflation -adjusted goods and services of all generated by economic measures the change in annualized

 

Level of consumer confidence in economic activity measures - CB consumer confidence - USD: 14.00 GMT.

 

For testimony , Ottawa in front of the house financial Commons Standing Committee - Governor Poloz Contact language BoC - CAD: 19.30 GMT

 

Change of total inflation-adjusted value measures manufacturers , mines, and the output is generated by the utility - circle - industrial production : 23.50 GMT

 

November 7, 2013 - Daily News Market

 

Today's Hot Assets : EUR

 

U.S. stocks rise as there is speculation that the next NFP report will not be strong enough to support the taper . S & P 500 closed 0.43% higher and the Dow Jones closed 0.82 % higher . Asian stocks also fell as investors await the outcome of the upcoming U.S. data . Investors are also awaiting the outcome of the ECB 's policy meeting later today. Nikkei closes 0.76 % lower and the Hang Seng closed 0.75 % lower . European stock reached its highest level in 5 years during the session yesterday. They have opened slightly lower today amid speculation that ECBB can reduce the rate to help the economic recovery . Traders should look out for the European interest rate decision at 12:45 GMT and the ECB Press Conference at 13:30 GMT.

 

WTI rose to its highest level in five weeks after the United States after U.S. gasoline stockpiles declined and oil supplies rose less than expected. It closed lower in Asian session as traders are hesitant to make any moves before the data reach the market . The price of gold has begun. Salary payrolls will be released tomorrow at 13:30 GMT.

 

Key events today:

 

11:00 GMT : EUR - German Industrial Production - measures the change in the total inflation adjusted value of output produced by manufacturers , mines , and utilities.

 

12.00 GMT : GBP - BoE QE Total - The Bank of England electronically creates new money and uses it to buy gilts from private investors such as pension funds and insurance companies.

 

12.00 GMT : GBP - Interest Rate Decision - monetary policy committee of the Bank of England ( BOE ) vote on where to set the pace . Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation .

 

12:45 GMT : EUR - Interest Rate Decision - six members of the European Central Bank ( ECB ) Executive Board and the 16 governors of the euro area central banks vote on where to set the pace . Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation .

 

13:30 GMT : EUR - ECB Press Conference - The European Central Bank ( ECB ) held a press conference every month , about 45 minutes after the Minimum Bid Rate is announced. The conference is about an hour long and has two parts. First, the statement read , then the conference is open to press questions. Press conference examines the factors that affect the ECB's interest rate decision and deal with the overall economic conditions and inflation . Most importantly, it provides guidance about future monetary policy .

 

13:30 GMT : USD - Continuing Jobless Claims - measures the number of unemployed individuals who qualify for benefits under unemployment insurance .

 

13:30 GMT : USD - GDP - measures the annual change in the inflation-adjusted value of all goods and services produced by the economy. It is a broad measure of economic activity and the primary indicator of economic health .

 

13:30 GMT : USD - initial unemployment claims - measures the number of individuals who filed for unemployment insurance for the first time last week . This is the earliest U.S. economic data , but the market impact varies from week to week.

 

19:00 GMT : EUR - ECB President Draghi Speaks - Mario Draghi (born 3 September 1947 ) was an Italian bank and the economy has been a successful governor of the Bank of Italy and Jean Claude Trichet as President of the European Central Bank from November 2011. As head of the ECB , which controls short-term interest rates , he has more influence on the EUR from any other person

 

January 24 , 2014 - Daily Market News

 

Hot Property today : iyayaashu / USD

 

The U.S. Stock indices ended up on a red . Mr Konare , decreased -0.59 % , S & P500 by -0.89 % . The main attention was yesterday Most Corporation , which lost 8.7 % on NYSE . However, the S & P500 index was down often due to poor performance Bank (Bank of America -1.69 % , -2.27 % in kobocsan knowledge , Tawakal -1.69 % ) . Obstruction of the market price of Gold to increase and reach the highest price in the 5 - week $ 1,265 / ounce . Today, we pay attention to Canadian CPI data which predicted -0.4 % . We also will see Mario Draghi ( President of the European Central Bank ) to speak at 5.00pm ( GMT ) .

 

The iyayaashu / USD pair increased to the highest levels since May 2011 . With the lack of information should we expect some return value and correction technique down . On / USD euro we see may increase the movement of some gubnay , market sentiment can on the Euro .

 

Milestones today :

 

09.30 GMT : iyayaashu - BBA Mortgage approval - measures the number of new loans approved by banks BBA - Shabaab during the first month . It includes more than half of the total UK mortgage market . It provides information about the buyers in the housing market in the UK

 

13.30 GMT : CAD - Core CPI - measures changes in prices of goods and services , excluding food and energy . The CPI measures price change from the perspective of the customer

 

The main U.S. index futures pointed to a lower opening on Wednesday, reflecting the mood of a careful arrangement of traders among some disappointing economic data. In a report released earlier in the day showed that the U.S. private sector added far fewer jobs than expected. The report considered the forerunner for non-agricultural report of the Ministry of Labor wage bill is likely to increase uncertainty about the latter. Thus, the markets were able to observe the session in which the lack of direction, if the results of a survey of the Institute for Supply Management did not lead them in a certain direction.

 

U.S. stocks fell on Tuesday as concerns about trimming the stimulus the Fed came back to haunt investors. The major indexes opened higher after a report showed the U.S. trade balance widened by less than expected. After moving with modest results before the end of morning trading, indexes fell below the line unchanged. The indices were down after that, before paring back some of the losses in late trading.

 

Industrial Dow fell 76.49 points, or 0.50 per cent to 15,178 and S & P 500 Index closed 9.04 points, or 0.55 per cent lower in 1361, while the Nasdaq Composite closed at 3445, up 20.11 points, or 0.50 per cent.

 

Nineteen of the thirty Dow components closed lower, with Alcoa (AA), Boeing (BA), Bank of America (BAC), Home Depot (HD), Hewlett-Packard (HPQ), IBM (IBM), Microsoft (MSFT) and United Technologies (UTX), leading declines. On the other hand, Coca-Cola (KO), Merck (MRK) and AT & T (T) advanced features.

 

Gold, biotechnology, oil, banking and retail stocks were among the outsiders of the session.

 

Currency, commodity markets

 

Crude oil futures are rising $ 0.46 to $ 93.77 a barrel after slipping $ 0.14 to $ 93.31 a barrel on Tuesday. An ounce of gold is currently trading at $ 1,403, up $ 5.80 from the previous session, closing at $ 1,397.20. In the previous session, the precious metal fell to $ 14.70.

 

Among currencies, the U.S. dollar traded at 99.62 yen compared with 100.03 yen it brought at the close of New York trading on Tuesday. Against the euro, the dollar is valued at $ 1.3073 compared with $ 1.3081 yesterday.

 

Asia

 

Major Asian markets fell across the board, stung by the negative lead from Wall Street overnight and the uncertainty of the prospects of monetary policy in the U.S. Some sour domestic economic reports and the strengthening of the yen, despite the policy measures announced by the Government and weighed on the markets.

 

Japan's benchmark Nikkei 225 average does not move in a nervous way to the end of the day, moving in and out of positive territory before declining sharply thereafter. The index fell 518.89 points, or 3.83 percent to close at 13,015. Sale was broad based, with Tokyo Electric Power falling 16.31 percent and leading declines.

 

Australia All Ordinaries opened little changed, but fell sharply in the first half of the day. After the index is shifted toward before closing 61.50 points, or 1.26 per cent in 4825, while domestic GDP data disappointed to the downside. The market witnessed a broad-based sell-off, financial and energy stocks leading position below.

 

Hong Kong's Hang Seng Index closed at 22,069, up 216.28 points, or 0.97 percent. The averages in Singapore and South Korea slipped 1 percent each.

 

On the economic front, in his speech, touted as a "third arm" growth strategy, the Japanese Prime Minister Shinzo Abe laid out a plan to rejuvenate the ailing economy of the country with plans to increase per capita income by 3 percent per year, to increase capital spending by 10 percent during the the next three years, and set up special economic zones to attract foreign companies. But the lack of specific details have disappointed investors.

 

Measure of activity in the Chinese service sector showed little change in the levels of activity in May. Data collected by HSBC and Markit Economics showed that the index of business activity in the service sector grew only by 0.1 points to 51.2. The composite index, which measures activity in both manufacturing and non-production sector fell to 50.9 from 51.1 in April.

 

A report published by the Australian Bureau of Statistics showed that Australia's first quarter GDP grew by 0.6 percent quarter over the previous quarter. Economists had expected a greater expansion of 0.8 percent.

 

Europe

 

European stocks are also seeing weakness, as the economic problems of stress released some lukewarm economic data. Traders also exercised caution ahead of the U.S. employment data.

 

In economic news, the final estimates released by Markit Economics, showed that private sector activity in the euro area declined at a slower pace in May. The final composite output index rose to 47.2 in May from 46.9 in April. The reading was in line with the initial estimate. Reading the service sector was revised down to 47.2 from 47.7.

 

In the survey, Markit Economics and the Chartered Institute of Purchasing and Logistics showed that the index is seasonally adjusted purchasing managers for the UK service sector rose to 54.9 in May from 52.9 in April, marking the fifth consecutive growth. The index was forecast to rise to 53.1.

 

The revised GDP estimates released by Eurostat showed that the euro zone economy contracted by 0.2 percent sequentially in the first quarter, according to estimates. A separate report released by Eurostat showed that retail sales fell 0.5 percent month over month in April compared with a 0.2 percent drop in March. Economists had expected a drop of 0.2 percent.

 

 

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