PROVEN RESULTS

November 8, 2013 - Market News Daily

Today's Hot Assets : USD , GOLD

Yesterday , many of the fundamental data was released on the market. The ECB lowered its interest rate to 0.25 % causing the euro to plummet . U.S. data was also released and was mostly positive. GDP came on expectations showing that the U.S. economy expanded by 2.8 % in the third quarter . Continuing Jobless claims were also positive . The data supported speculation that the Fed may start tapering sooner than thought . U.S. stocks fell sharply following the figures , the S & P 500 closed 1.32 % lower and the Dow Jones closed 0.97 % lower . Asian stocks also fell , the Hang Seng closed 0.6 % lower and the Nikkei closed 1 % lower . European stocks climbed yesterday but opened negative numbers after Standard and Poor's Credit Rating cut France. Investors will now focus on the NFP report will be released at 13:30 GMT .

WTI dropped yesterday and is now ranging after rebounding slightly. Prices have been falling recently as decimal supply showed a higher but lower demand. The price is also under pressure after China crude imports fell to their lowest level in a year . Gold fell yesterday after positive U.S. data . The metal fell 22 % this year driven by speculation of stimulus . Commodities traders will likely await the outcome of the nonfarm payroll figure before making any moves today.

Today's key events :

13:30 GMT : CAD - Changing Jobs - measures the change in the number of persons employed . Job creation is an important indicator of consumer spending .

13:30 GMT : USD - Nonfarm payroll - measures the change in the number of employed people during the previous month , excluding the farming industry . Job creation is the foremost indicator of consumer spending , which accounts for the majority of economic activity .

13:30 GMT : USD - Unemployment Rate - measures the percentage of the total labor force that is unemployed and actively seeking employment during the previous month .

20:30 GMT : USD - Fed Chairman Bernanke Speaks - Federal Reserve Chairman Ben Bernanke (February 2006 - January 2014 ) is to speak . As head of the Fed , which controls the short term interest rates , he has more influence on the value of the U.S. dollar than any other person . Traders watch his speeches closely as they are often used to drop hints about future monetary policy .

April 30, 2014 - Daily Market News

Today's Hot assets: EUR , GBP , USD , oil

Technology stocks again yesterday, dragging U.S. stocks higher. Risk appetite returned and investors focused on the FOMC statement will be released today 06:00 GMT . Recent U.S. data has been mostly strong and has shown continuous improvement in the economy , and tāFed is expected to continue the current pace of tapering and reducing quantitative easing Arwel $ 10 billion . At the end of the session , the S & P 500 was 0.48% higher unDow Jones was 0.53% higher. Asian markets were mixed . Hang Seng lost 1.43 % , after earlier rally following disappointing corporate earnings . Nikkei , however, gained 0.11% , after kadJapānas Bank about any change in the monetary policy izraisajena decline slightly , and stocks to get . European stocks began the day mixed before CPI data will be released at 09:00 GMT . The lower than expected number could push Draghi , monetary easing to increase and thereby weaken the euro .

WTI Crude dropped the after strict inventory released data showing an increase in inventories increases spekulācijasIVN will report similar results today . The EIA reported that inventories last week rose to the highest level on record , and clearly this is bearish for the price. Gold falls before Fed statement and U.S. data later in the day . Tapered has pushed gold lower than parastimetāla moves inversely to the dollar , which strengthens as quantitative easing is reduced. U.S. data will be the focus for commodity traders throughout the day, including ADP Nonfarm Employment change 12:15 GMT and 12:30 GMT on GDP .

Today's key events :

09:00 GMT : EUR - CPI - measures changes in the prices of goods and services from a consumer perspective

12:15 GMT : USD - ADP Nonfarm Employment Change - measure monthly changes in non- farm , private sector , based on salary , approximately 400,000 U.S. business clients

12:30 GMT : C - GDP - measures of annual changes in inflation -adjusted value of all goods and services produced by the economy

12:30 GMT : U.S. - GDP - measures the annual change in inflation -adjusted value of all goods and services produced by the economy.

18:00 GMT : USD - FOMC statement -chief instrumentspaneļa uses to communicate with investors about monetary policy.

18:00 GMT : USD - Interest Rate Decision - The Federal Open Market Committee ( FOMC ) members vote on where to set the rate . Traders watch interest rate changes , as short-term interest rate is a major factor in currency valuation .

REVIEW

The ECB left its key interest rate unchanged at 0.5%. This decision was widely anticipated. Improvment PMI indicators of the dynamics in most EU countries affected. The regulator does not see deterrioration situation in the region, and that was a condition of easing monetary policy. Interestingly, the information from the ECB was on the news on the continuation of unemployment in France. This figure reached 10.8% already. This is the highest number since 1998. Nevertheless, the ECB forecast for the EU economy has become more pessimistic. If earlier it was expected that the results of the annual EU GDP going to fall by half a percent, now the number will be revised down to -0.6%. The data for the second quarter look pretty bad. Retail is reduced by 3 months. In addition, according to information published on Thursday, the number of German manufacturing orders fell by 2.3%. Nevertheless Draghi forward to the recovery in the second half of the year. Draghi made an interesting comment on the discussion of a wide range of measures to stimulate the economy, which is beyond the control of interest rates. Among other measures, there is a correction of deposit rates to negative values, and loans of the banking sector by the ECB. This is an attempt to somehow revive lending to small and medium-sized businesses. Anyway Draghi concluded that in the meantime, the ECB sees no reason for too active steps in these directions. European inflation at 1.4%. This is less than the number of ECB target of 2%. But the head of the ECB is not associated with the threat of deflation, and suggests that the current situation may give some support to the consumer sector. In his view, low inflation is one of the three main pillars of the European economic recovery, along with two others: the growth of exports and adaptive ECB policy. To rounding, there NFP report published today. As is usually assumed to affect the markets a lot, so it is strongly recommended to keep an eye on it.

TECHNICAL ANALYSIS

EURUSD

Euro breaks above resistance at 1.3242. It involves the resumption of uptrend from 1.2747. The next target on the upside is 1.3400. A further increase is possible after some consolidation. Supports up to bias the trend. If it holds, the bullish trend is likely to continue.

USDJPY

Reducing couples' passes in price from 95.92. The next downside target at 95.00 area. Resistance coincides with an oblique downward trend line. Only a strong break above it will suggest the end of the bearish trend.

GBPUSD

Pound overcomes resistance around 1.5605. Further improvement is expected with the immediate goal of 1.5800. Support for the upward trend line. A break below this level will signal the end of an uptrend.

Economic Calendar

8:30 GBP Trade Balance

10:00 EUR German Industrial Production (MoM)

12:00 BRL Brazilian CPI (YoY)

12:30 CAD Employment Change

12:30 CAD productivity (QoQ)

12:30 CAD Unemployment

12:30 USD Average Hourly Earnings (MoM)

12:30 USD Average Workweek

12:30 USD Nonfarm Payrolls

12:30 USD creation in the private sector Nonfarm

12:30 USD Unemployment

13:00 MXN Mexican CPI (YoY)

14:00 MXN Mexican interest rate decision

September 3, 2014 - Daily Market News 

Today's Hot Assets: GBP, USD, Oil 

U.S. stocks mixed data with a slightly geriledi.ısm Manufacturing PMI data, however, falling oil prices and energy shares lead to a reduction since May 2011 quickly grew and the United States for the positive economic outlook çizdi.s & P 500 0.05% lost and the Dow Jones 0.18% lost. Dollar higher against the yen following a large manufacturing data as 8 months climbed in Asian markets in the region tırmandı.do 105.158 yen trading at 105.3 yen compared to the previous day gördü.piyas also reacted to a possible reform of the pension fund. Japanese Prime Minister, Shinzo Abe, the current Liberal Democratic Party deputy policy chief, Yasuhisa Shioza, the Government Pension Investment Fund managers can do. This report speculation that pension funds to shift to riskier assets following positive data artırdı.hang Seng China gained 2.17%. European markets are discussed in Ukraine as a potential fire higher today. France's CAC 40 up 1.13% and 0.76%, while London's FTSE 100, DAX currently is 1.19%. 

USA New York Mercantile Exchange long weeks later opened to replace the WTI crude sharply yesterday reddetti.da with the slow economic recovery have been pointed and less demand may lead to data from China over concerns with the açıklanabilir.fiyat now 20:30 GMT ahead of the API report climbs. Gold continues to drop and 5.2-month low as dollar strengthens trades. Geopolitical tensions, and now the price drop at the same time support. Markets now from the ECB interest rate decision tomorrow and Friday's NFP report is waiting for the United States. 

Today's Key Events: 

08:30 GMT: GDP - Services PMI - services sector, the activity level of purchasing managers in the measure. 

14:00 GMT: CAD - Interest Rate Decision - Bank of Canada (BOC) to adjust the speed governing council members where a compromise is coming. Short-term interest rates as investors closely primary factor in currency valuation changes of interest to watch.