PROVEN RESULTS

November 11, 2013 - Daily Market News

Today's Hot Asset : EUR

On Friday the Nonfarm Payrolls figure came out positive beat expectations . 204 000 people were employed during the month of October. The data increased speculation that the Fed may begin to reduce its quantitative easing program soon. U.S. stocks got as investors digested the information despite speculation . S & P 500 closed 1.34% higher and the Dow Jones closed 1.08 % higher. Asian stocks were mixed during the previous session after some mixed numbers were released at the weekend from China. Nikkei closed 1.3% higher and Hang Seng closed 0.73 % higher. European stocks opened lower on Friday after France's credit rating was downgraded by S & P. They opened the day with little change .

WTI got bit by NFP report. The data support the price of oil as a stronger U.S. economy will produce higher demand increases prices. Chinese industrial production was also higher. Gains were limited because of speculation about stimulus and nuclear talks with Iran. The price of gold fell by NFP figure on Friday and traded flat during the Asian session. It is also less physical demand.

Today's main events :

Nowadays , a Bank Holiday in Canada and the U.S.

08.00 GMT : USD - FOMC Member Fisher Speaks - Federal Reserve Bank of Dallas President and Federal Open Market Committee ( FOMC ) voting (2008 and 2011 ) Richard Fisher is talking. FOMC members are responsible for setting the benchmark interest rate and their speeches are closely watched for indications of possible future direction of monetary policy.

17.00 GMT : EUR - German Buba President Weidmann Speaks - Deutsche Bundesbank ( Buba ) President Jens Weidmann is talking. As president of the Bundesbank and member of the ECB , which controls key short-term interest rates have Weidmann no influence over EUR value. His comments may determine a short-term positive or negative trend.

23.50 GMT : JPY - Tertiary Industry Activity Index ( MoM ) - tertiary industry index measures the change in the total value of services purchased by businesses. It is a leading indicator of economic health.

10 February 2014 - Daily Market News

Today's Hot Property : WTI , Gold , CAD

A report Friday Nonfarm to pay out again less than anticipated shows that only 113,000 jobs during the month of January . However , the unemployment rate improved and drop to 6.6 % , the lowest rate since 2008. This is the picture painted by an improving economy , but one that still relies on low interest rates and the one who benefits from monetary stimulus . At the end of the U.S. trading , the Dow Jones Industrial Average gained 1.06 % while the S & P 500 gained 1.33 % . Asian shares were mixed as investors rated data . The Nikkei gained 1.77 % as the yen weakened against the dollar , however , the Hang Seng lost 0.27 % , due to continued uncertainty about the state of liquidity . European markets have opened higher as optimism is now growing that the Fed may discourage further narrowing of monetary stimulus .

WTI has risen to six weeks after the high unemployment rate in the United States have shown that there could be increased demand for goods , if continued improvement in the labor market . Weak NFP figure could again be attributed during a storm in the U.S. and so may not be so significant . On speculation that the Fed could slow down the narrowing also increases the price of oil, which tends to rise when the dollar falls because it becomes cheaper for buyers in different currencies . Now we can see the price drop due to profit taking . Gold rose following information and reached two week high . Physical demand from China has also increased. As the unemployment rate shows a positive force in the U.S. economy and suggests that information on paper may not be accurate and thus narrows may continue at the current pace . This would cause a fall in prices and therefore traders should be cautious with any long-term positions .

Today's main events:

13:15 GMT : C - housing starts - a measure of change in the annual level of new residential buildings that began construction during the reported month . It is a leading indicator of strength in the housing sector .

September 12, 2014 - Market News Daily 

As the week finishes, the volatility decreases. The market movers today are British Pound, Japanese Yen, Gold and Russian stocks. 

The pound was deleting recent losses as a survey in the UK showed that Scotland votes for independence was losing ground. The price could go back up above 1.6500 very quickly once the fear on UK split disappears. 

The comparison USD / JPY climbed to 107.40 - new 6-year high - as the Dollar strengthened before today's date retail. The pair is expected to reach level 108 in the next few months as the United States and Japanese monetary policy divergences. Kuroda Japanese government is about to give a speech in the morning hours so we should be careful with our previous placement positions. 

Gold and Russian stocks will probably move in the opposite direction today, as the EU is preparing to announce new sanctions against Russia. We have seen in the past days the price of gold decreases below its 9-month low. So we can expect to pull back and post our trades accordingly. 

Key events today: 

9:00 GMT: EUR - Industrial Production - measures change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities 

12:30 GMT: USD - Core Retail Sales - Measures the change in the total value of sales at the retail level in Canada, excluding cars

August 12, 2014 - Daily Market News 

Forex market movements, we found very interesting. The European single currency dropped down immediately (German) ZEW Economic Sentiment came and showed a very disappointing result. The German index on just 8.6 instead of 18.2 expected. General of the European Economic Sentiment came out 23.7 instead of 41.3. The pair almost came to the lowest price since November 2013 in fact, that's probably the most important point to slower rates to stimulate the economy with the European Central would cause the back to add additional monetary stimulus. So right now bearish outlook for the euro. 

The stock market is not so great, now struggling to profit from the market closed yesterday. Most European stock index DAX at the time of writing and are declining while the FTSE100 was down by 0.48%, 0.16%, said. We need to keep an eye on whether the United States will turn bearish sentiment in the market. 

United States of America has remained higher volatility. WTI oil price of $ 97.00 / barrel, and a little bit of Gold $ 1,210 / ounce increase over the slid. 

Today's main event: 

09.00 GMT: EUR - German ZEW Economic Sentiment - Six-month economic outlook 

14.00 GMT: USD - Jolts Job Openings - number of job openings during the month, excluding the farming industry 

23.50 GMT: JPY- Prelim GDP - the real value of all goods and services produced by the economy, measures the change in