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The yen fell to a 16-month low against the euro before data tomorrow that may show reduction in Japan's consumer prices, fanning speculation Japan's Prime Minister Shinzo Abe will push the central bank to raise cash infusion.

 

February 27, 2014 - Daily Market News

 

Today's Hot Property : USD Gold

 

U.S. stocks were little changed at the beginning of yesterday's U.S. session. New home sales came out higher than forecast shows 9.6 % increase in sales during the month of January . Data were positive, however, comes at the recent weak economic reports in time . S & P 500 index traded above 1850 at all three sessions this week, but was unable to close above it. Therefore traders will focus on this level , as this is likely to push it faster. U.S. At the end of trading , the Dow Jones Industrial Average closed 0 12 % increase in the S & P 500 index ended even the Nasdaq Composite Index closed 0.10 % higher. Asian markets ended mixed. Nikkei lost 0.32 % kaipjena gained against the U.S. dollar. Hang Seng , however, gained 1.74 % kaiprinka continue to digest the news that energy sector reform is in sight . China Petroleum & Chemical Corp. and Tencent Holdings Ltd. was the biggest gainers index yesterday . European shares opened lower following weak corporate earnings. Today, investors can būtinepastovi day with a lot of economic data and the language forward.

 

WTI Crude is growing again after the EIA report that showed a decline in stocks . Inventories at Cushing fell by 7.04 million barrels for four weeks in 21 February Prices range today ahead of key data later in the day , including the core durable goods orders to 13:30 ( GMT) . Gold prices fell 4 month high on weaker physical demand and strengthen the U.S. dollar after positive Home sales data. Later today , THEOF Federal Reserve , Janet Yellen , the manager will testify the Senate Banking Committee. In his last appearance , she said the central bank's low interest rate policy will continue . Investors will be looking to see whether the disappointing economic indicators over the past two weeks will change your outlook.

 

Today's main events:

 

08:00 GMT EUR - Spain's GDP - adjusted for inflation priemonėsmetinis change the value of all goods and services produced in the economy

 

09:00 GMT EUR - German unemployment rate - means that the total labor force percentage that is unemployed and actively seeking work during the reference month .

 

13:30 Time Zone : USD - Core Durable Goods Orders - measures the total value of new orders for manufactured goods in the long-term change , except for those items. Because aircraft orders are very volatile, the core number gives a better gauge of ordering trends

 

13:30 Time Zone : USD - initial Jobless Claims - priemonėsasmenų who filed for unemployment insurance for the first time in the last week.

 

15:00 Time Zone : USD - Fed Chairman Yellen witness - Federal Reserve Chairman Yellen Jannet is to testify about the economic outlook and recent monetary policy actions before the Joint Economic Committee in Washington, DC

 

15:30 Time Zone : USD - FOMC Member Fisher Speaks - FOMC members are responsible for setting the benchmark interest rate , and their languages ​​are closely watched for indications of possible future monetary policy.

 

Market Review By TraderXP

German DAX (DAX) is on course to complete their best years since 2003 this week, the bulls will be the first to mention the calibration of national standards in the euro area must be less than the 2007 peak earnings.

 

August 2, 2013 - Market News Daily

 

Confidence in the global economy be built after all round positive data yesterday, the manufacturing PMI data was released worldwide beating expectations, the U.S. unemployment rate fell to 5 years and lower during the European Central Bank Mario Draghi press conference that interest rates will likely remain low for some time. After data Asia and America stock rose. The dollar is rising and has also reversed losses against the euro.

 

WTI crude inventories keep rising after the U.S. beat expectations and the PMI data showed oil demand is growing. Gold is down the dollar is. Positive U.S. data supported the case for reducing stimulus is reduced demand for metals.

 

Investors await non-farm payrolls report due later today is expected to be 184K. Again this may provide more insight into the declining economic stimulus that could start would be great for trading binary options.

 

Today the main event:

 

09:30 GMT: GBP - Construction PMI - measuring the activity level of purchasing managers in the construction industry. A reading above 50 suggests expansion in the construction industry, a reading below shows co. It gives an indication of the health of the building in the UK. Traders watch these surveys closely as purchasing managers usually have early access to data about the operations of their company, can be a leading indicator of overall economic activity.

 

1330 GMT: USD - nonfarm payrolls - measures changes in the number of employed people during the previous month, excluding the farming industry. Job creation is the most important indicator of consumer spending, accounting for the majority of economic activity.

 

1330 GMT: USD - Unemployment - The unemployment rate measures the percentage of the total labor force that is unemployed and actively seeking employment during the previous month.

 

17:15 GMT: USD - FOMC members said Bullard - Federal Reserve Bank and Chairman of Louis Market Committee Federal Open (FOMC) voting members (March 2011 - today) James Bullard is to talk. FOMC members responsible for setting the benchmark interest rate and their speeches are closely monitored to indicate the possible direction of future monetary policy.

 

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