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26 May 2014 - Daily Market News

 

Today hot Assets: EUR

 

Better than expected new home Sales data from the U.S. boosted sentiment on Friday. Home Sales rose to 433,000 last month, an increase of 6.4 %. U.S. stocks ended the week with strong gains molecules into positive territory for the year; S & P 500 closed 0.42 % higher than the highest level of 1900 and the Dow Jones closed 0.38 % higher . The U.S. market will remain closed today for Memorial Day. Asian stocks were mixed today. Nikkei adds 0.97 % as the yen weakened against the dollar . The dollar is trading around ¥ 102 to an interview with the Governor of the Bank of Japan , Kuroda , where it was stated that the yen was too high and should not continue to appreciate. Hang Seng is closed with small changes posted a loss of 0.01 % as traders monitor the elections in Ukraine. European markets higher today while Italian banks are pushing higher and German stocks got a lift from a survey optimistic about trust. The UK market also closed today for a bank holiday .

 

WTI crude advanced to a 5 -week high after the EIA reported a drop in inventories . Violence has escalated in Ukraine ahead of the election this weekend that also added support to the commodity . 16 military were killed during an attack by pro - Russian rebels yesterday. Gold declined after positive U.S. data on Friday. The price was choppy trading below $ 1300/ounce . Geopolitics of ongoing in Ukraine could push prices up again as newly elected President is not pro -Russian .

 

Main Event Today:

 

08.00 GMT : EUR - ECB President Draghi Talk - Due to speak at European Central Bank Forum on Central Banking in Portugal

 

 

 

 

November 18, 2013 - Daily Market News

Today's Hot Assets : USD

Janet Yellen , the next head of the Federal Reserve , testified on behalf of the FOMC last week . His comments were more dovish than expected and he confirmed that stimulus will be maintained until the next improvement was seen in the economy . U.S. data ( such as GDP , unemployment claim and Industrial Production ) came out below expectations and his comments supported sending U.S. stocks higher. The S & P 500 closed 0.42 % higher and the Dow Jones closed 0.54 % higher. Asian stocks gained after China affirmed to implement new economic reforms : the Hang Seng closed 2.73 % higher. The Nikkei showed little change after rallying 7.7 % last week and closed 0.01% lower. European stocks yet opened lower as investors were cautious because of the split with the Italian government over the weekend .

WTI fell further after Saudi Arabia increased export of strengthening the supply . Coarse stockpiles and inventories also gained in the U.S. and concerns over economic hope. Gold gained after Yellen testimony and the weaker data from the U.S. . It is now covering as traders are awaiting the results of the FOMC Meeting Minutes on Wednesday.

Main Event today :

10:00 GMT : EUR - Trade Balance - measures the difference in value between imported and exported goods and services over the reported period . A positive number indicates that more goods and services are exported than imported .

13:30 GMT : CAD - Buying Foreign Security - measures the total value of domestic stocks , bonds , and money - market assets purchased by foreign investors .

14:00 GMT : USD - TIC Net Long-Term Transactions - measures the difference in value between foreign long-term securities purchased by U.S. citizens and U.S. long-term securities purchased by foreign investors . Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to buy securities in the country .

17:15 GMT : USD - FOMC Member Dudley Speaks - Federal Reserve Bank of New York he serves as the vice chairman and a permanent member of the Federal Open Market Committee ( FOMC ) voting members ( 2009-2013 ) William C. Dudley is to communicate . FOMC members are responsible for setting the benchmark interest rate and their speeches closely watched for indications future possible direction of monetary policy.

 

 

 

 

February 19, 2014 - Market News Daily

 

Current hot property : GBP , USD, Gold

 

U.S. data was below expectations again yesterday . The NY Empire State Manufacturing is 4:48 instead of the expected 9 . S & P 500 index rose 0.12 % as investors expect the Federal Reserve to keep stimulus in place and descending more . Dow Jones Index , however , dropped 0.15 % after Coca Cola reported fourth-quarter profit fell . Asian stocks were mixed expectations after strong growth in China has pushed the Hang Seng index rose 0.34 % . The Nikkei lost 0.52 % after recovery on Tuesday as well as the benefits of the yen against the U.S. dollar . Investors should view China's PMI manufacturing HSBC on Thursday at 01:45 ( GMT ) . European stocks opened with small change as investors await unemployment figures MPC Meeting Minutes in the UK at 09:30 ( GMT ) .

 

WTI reached four -week high amid speculation that U.S. inventories fell by bad weather . New winter storm northeast U.S. and speculation that continue to stimulate demand for heating fuel continues to rise . American Petroleum Institute will release its report list at 21:30 ( GMT ) . After peaking in March , gold traded volatile right now. Investors wary of the minutes of the FOMC meeting today at 19:00 ( GMT ) . There is uncertainty about whether the records show that more support for cutting food stimuli as consistently bad data may be caused by bad weather or recession in the U.S. economy . Fed Chairman Janet Yellen noted that the central bank is on track to maintain speed reduction program of its economic stimulus , provided the economy continues to improve as expected . If the report shows that support for the same rate of taper (10000000000 $ / month ) may be the price back below 1,300 .

 

The main event today :

 

09:30 GMT : GBP - Claimant Count Change - measures changes in the number of unemployed in Britain in the reporting month . A growing trend shows that the weakening of the labor market , in which there is a trickle of reduced consumer spending and economic growth

 

09:30 GMT : GBP - MPC meeting minutes - meeting records detailing the Bank of England policymakers , including a detailed look at the economic conditions that affect decisions about where to set interest rates . Analysis votes interest MPC members ' tends to be the most important part of the record.

 

1330 GMT : USD - Building Permits - measures changes in the number of new building permits issued by the Government . Building permits are a key indicator of demand in the housing market

 

1330 GMT : USD - PPI - measures changes in the cost of goods sold by manufacturers . It is a leading indicator of consumer price inflation , majority of overall inflation

 

19:00 GMT : USD - FOMC Meeting Minutes - record details of meetings setting policy committee was held about two weeks earlier . The profile provides a detailed view of the position on the FOMC monetary policy , so currency investors to look carefully for clues about the outcome of rate decisions in the future .

 

July 15, 2013 - Binary Options Daily News

 

The results also showed that China's economy is growing slower but still 7.5% and Asian stock has risen The benchmark Shanghai Composite rose 0.99% SE. The Japanese market is closed due to public holidays.

 

The commodity market to see some move down. Gold lost 0.31%, as well as crude oil or silver.

 

In the forex market the U.S. dollar strengthening before the retail sales data. The Australian dollar also attributed the gains after the results of China.

 

Key events today:

 

12:30 GMT USD core retail sales - the change in the total value of sales at the retail level. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

 

12:30 GMT Manufacturing Index USD NY Empire State - This index measures the level published on the basis of the manufacturers surveyed in the state of New York. Above 0.0 indicates improving conditions, below indicates worsening conditions. It's a leading indicator of economic health - business reacts quickly to market conditions, and changes in their feelings can be an early signal of future economic activity such as spending, employment and investment.

 

22:45 GMT NZD CPI - the change in prices of goods and services purchased by consumers. Represent consumer prices for the majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates to respect their mandate to contain inflation. This is the most important inflation data in the United Kingdom.

 

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