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Market Review By TraderXP

The yen and the dollar rose against the euro as investors turned their attention from American politicians can agree raising the limit national debt.
U.S. debt ceiling "is going to potentially start to get a little more attention to market sentiment in the coming weeks," said Jonathan Cavenagh, a currency strategist in Singapore at Westpac Banking Corp (WBC) "This is likely to be more positive U.S. Dollar History" "yen could also benefit," he said.

 

Market Review By TraderXP

Gold futures fell for the third consecutive session on signs that the Federal Reserve policy of manufacturers could end monthly purchases of U.S. debt this year.
Drop today followed the longest weekly drops since May 2004. January 3 minutes from the Federal Reserve showed $ 85 billion in monthly purchases of bonds, the third round of so-called quantitative easing is likely to be completed sometime in 2013. Gold gained 5.1 percent in September, the central bank announced stimulus measures.
"The market is dull, because people want some clarity from the Fed," Adam Klopfenstein, senior market strategist at Archer Financial Services Inc. in Chicago, said in a telephone interview.

 

 

 

 

August 6, 2013 - Market News Daily

John FOMC members said yesterday that the bank is close to slowing down of quantitative easing and men should watch their trust to keep the market moving. Stronger growth also saw yesterday in the United States to serve the configuration U.S. (ISM index of non-manufacturing rose to 56 estimated beating) was. Economic U.S. view of their momentum. Therefore gold fell for a second day. U.S. and Asian shares also fell.

WTI warehouse first choppy trading this week. Political volatility can cause a surge in the water. The terminal's largest beer for water supply and close in For Interrupted may cause the water to rise in the short term.

Entering the UK increased after services PMI Beat Expectations and Economic English looks to be in constant development. Europe is more than an order of German factories and resources at 1.0%. Dollar prices rebounded yesterday after positive data, the U.S. trade balance in disclosure today and can provide great trade options.

Now the main event:

09,30 GMT: GBP - Industrial Production m / m, y / y - measuring changes in the cost rate Inflation-adjusted rate of total output of manufacturers, mines, and use The

09,30 GMT: GBP - Manufacturing Production m / m, y / y - measuring changes in the cost of inflation , adjustment of the total output of British produced. Manufacturing Representing approximately 80% of total industrial production. The increase in manufacturing production signify economic growth increases

11.00 GMT: EUR - Factory orders German m / m - measuring changes in total value of new orders placed with manufacturers for eternity and strengthen things. was Write a major production.

13,30 GMT: USD - Trade Balance - measuring the difference between the value of imports and exports and services and reporting period. Positive number indicates that the goods and services for export.

15.00 GMT: GBP - estimates of GDP NIESR - measuring changes in the estimated value of all goods and services in the economy over the past three months. NIESR GDP estimate for the basic monthly data in an effort to estimate the information of government, is released quarterly.

 

 

 

 

 

 

 

December 2, 2013 - Daily Market News

Today Hot Asset : Oil , EUR , USD

U.S. stocks closed slightly lower on Friday and it was a quiet day with no economic data . The S & P 500 closed 0.08% lower and the Dow Jones closed 12:07 % lower. Both Chinese and Chinese Manufacturing PMI HSBC Manufacturing PMI was higher than expected, showing expansion in the manufacturing sector . Asian Stocks finished mixed , Hang Seng closed 0.89 % higher ( highest since 2011 ) while the Nikkei closed with little change (0.04 % lower) near six -month high . Attitude is boosted by speculation that the Bank of Japan will change monetary stimulus plan.

WTI fell last week after inventory data showed supply to rise again . In the Asian session , it received following the PMI data . This showed growth in the second largest oil consumer would increase demand for commodities. Investors should watch out for the PMI data later in the day where it could give some information on demand. Gold is the lower level ahead of U.S. data this week including GDP on Thursday and Nonfarm Payroll number on Friday. Investors are still looking for clues about the gradual starts and these numbers will provide key information.

Major Events of the Day:

08.50 : EUR - German Manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector

9:00 GMT : EUR - Manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector .

09:30 GMT : GBP - Manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector

13:30 GMT : USD - Fed Chairman Bernanke Speaks - Federal Reserve Chairman Ben Bernanke ( February 2006 - January 2014 ) is speaking. As head of the Fed , which controls short-term , he has a greater impact 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.

15:00 GMT : USD - ISM Manufacturing Index - level diffusion barrier index based on surveyed purchasing managers in the manufacturing industry

 

 

 

 

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