PROVEN RESULTS

March 3, 2014 - Daily News

Today's Hot Assets : USD, Gold, Oil

U.S. GDP negative out on Friday and showed the economy only grew by 2.4 % in the previous quarter . Investors shrugged off the release and instead chose to focus on the Chicago PMI and Michigan Consumer Sentiment report is better than expected. As a result of U.S. stocks rise; S & P 500 once again above 1850 and closed 0.28% higher. The Dow Jones closed 0.3 % higher . The political situation in Ukraine rose over the weekend. Russian forces have reported that they have taken full control of the Crimean peninsula . This has raised concerns how stable region and traders are turning to safer assets . Asian stocks fell due to progress in the market . The Nikkei lost and from 1.27% to as little as a week and a half people are turning to safe haven yen causing it to climb against the U.S. dollar . Hang Seng lost 1.47% due to losses in the financial sector and concerns about the health of the Chinese economy remain . China's yuan has lost 1.3 % over the past two weeks and have questioned whether other asset markets can also change the course . European markets have opened sharply lower tensions between Ukraine and Russia is widely weighed risk sentiment .

WTI crude is soaring higher rising tensions in Ukraine fueling fears that energy supplies could be disrupted . Positive Chicago PMI and consumer sentiment data from the United States on Friday also supports raw because they supported the energy demand outlook . Price is trading around 5month high around $ 104.5 / barrel. Gold is also soaring higher because many investors turned to safe haven metal as unrest in Ukraine . Concerns about China's economy has increased the demand for gold. Prices touched $ 1.350 / oz but has reversed slightly .

Key Events Today:

09:30 GMT : GBP - Manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector below 50 indicates contraction .

14:00 GMT : EUR - ECB President Draghi Speaks - Due to testify before the Committee on Economic and Monetary Affairs of the European Parliament , in Brussels

15:00 GMT : USD - ISM Manufacturing PMI - The PMI Manufacturing ISM Report on Business is based on data compiled from monthly replies to questions asked of purchase and supply executives in over 400 industrial companies .

Market Review By TraderXP: 

The yen fell against the dollar and the euro ahead of the data this week that may show Japan has a current account deficit in November, support the case for increasing the stimulus at the next meeting of the central bank. The euro is due to the loss of the previous day about the prospects of the European Central Bank officials are meeting tomorrow, will refrain from lowering borrowing costs. The Australian dollar slipped against most peers after data showed that retail sales unexpectedly fell and vacancies.
"The weakness of the yen trend has not changed," said Yoshiko Takayasu, Tokyo-based head of corporate sales of National Australia Bank Ltd. "There's a good chance yen will be discussed below, the Japanese government is expected to announce economic measures and the Bank of Japan held a meeting."

August 7, 2013 - Economy

European shares fell, mainly due to weak results from Asian markets (Nikkei -4.00%, Hang Seng -1.11%), the former Bank of England inflation report UK FTSE fell -0.50% . Asian stocks fell as the yen strengthened, so that the export-oriented companies, such as Sony, Pioneer and Canon has dropped more than 4%.

Gold and crude oil fell yesterday powerful trade balance data from the United States. Instead of corn recovered from the lowest since 2010. Now, traders await the U.S. Department of Agriculture how data on Monday. If the data is a little stronger, we expect the rebound, so that binary options traders will have great opportunities.

Central Act today:

0930 GMT Euro inflation report from the Bank of England - The Bank believes that the economic situation and inflation, which provides valuable information. Will shape the future of the key monetary policy decisions affect your interest rate.

12:30 GMT CAD Building Permits - changes in the total value of new building permits. This is a good measure of future construction activity because obtaining permits to build a new building is one of the first steps.

14:30 GMT USD Crude Oil Inventories - number of cubes of a trading company in the last few weeks the change in inventories of crude. Affect the price of petroleum products affect inflation, but also affected the growth of many industries rely on oil to produce goods.

23:50 GMT JPY Current Account - import and export of goods, services, income flows and unilateral in the previous quarter, the value of the difference between the transfer. Is directly related to the demand for money - a growing surplus indicates that foreigners buy more currency execute transactions in the country.

March 4 , 2014 - Daily market news

Today's Hot property : Gold

Ukraine is a major factor in the market yesterday . The performance of the global market is usually negative . Traders turned away from risky assets and have chosen not to invest in safe haven assets . Surveillance data , the U.S. stock market has dropped as low lift . Close of the session , when the S & P 500 Index , the Dow Jones 0.94 % lost , and lost , the Nasdaq 0.72 % and 0.74 % losses . Traders will now begin tomorrow in China , the National People 's Congress meeting is focusing on Asian stocks rose and the Hang Seng closed 0.7 % higher . Meeting the objectives of economic growth and various financial issues , no signal can be seen . Yen , President of Russia , Vladimir Putin , to return to base surprise after military exercises ordered his troops were sent to the U.S. dollar depreciated against the Nikkei closed 0.47 percent higher after . European stocks in the data accessed and opened in positive territory today . Early sales of the CAC 40 up 1.27 % on the London FTSE 100 is up 1.13 % and the German DAX was up 0.92 percent .

5-month high , advancing WTI crude Russian military ordered to return home after the report is then reduced . Appears to have stabilized the situation in Ukraine . Traders now 9:30 pm ( GMT ) API in the coming weeks to supply information from their attention . The price of gold , but the tension between Russia and Ukraine decreased following easy . Physical demand Rally is caused to shoot much lower price .

Today 's main activity :

09.30 GMT: GBP - Construction PMI - activity level of purchasing managers in the construction sector activity .