PROVEN RESULTS

Market Review By TraderXP: 

Oil rose in New York for the first time in three days after China's exports increased more than forecast in December, indicating growth of the second-largest consumer of raw materials.
"It will be a good omen for oil demand from the manufacturing sector" in China, said Gordon Kwan, head of regional energy research for Mirae Asset Securities Ltd. in Hong Kong, who predicts WTI may rise above $ 95 a barrel this week. "This confirms our view that the export-oriented economy in China really made a real turn."

August 8, 2013 - Daily Market News

American Stock closed red number (DJIA -0.38%, S & P500 -0.38%) and the negative impact of stock trading today in Asia as well. Nikkei is lost -1.59% and Shanghai -0.11%.

Light oil reacted to good macroeconomic data from China, but more influence right now would be news from Libya, where a strike by oil industry continues. The price is now under $ 104.50/barrel and still drifting down so binary options traders should remain short.

The main news today

9:00 GMT EUR ECB Monthly Report-It reveals the statistical data that the ECB Governing Board evaluated when making the latest interest rate decision, and provides a detailed analysis of current and future economic conditions from the bank's point of view.

12:30 GMT USD - initial unemployment claims - Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the week. This is the earliest U.S. economic data, but the market impact varies from week to week.

11:50 p.m. GMT JPY Tertiary Industry Activity m / m - change in the total value of services purchased by businesses. Is a Japanese leading indicator of economic health.

June 10, 2014 - Daily Market News

Today's Hot Assets: GBP, USD

U.S. stocks continued to climb, reaching a record level of the S & P 500 19 times this year. With no major economic figures released, the movement came from observations FOMC members Bullard and Rosengren. S & P added to 0.09% to 1,951.27, and the Dow Jones added 0.11%, amounting to 16,943.1. Asian stocks ended mixed. The Nikkei lost 0.85% as the dollar fell against the yen. However, the Hang Seng was 0.86% after positive data from China. China's consumer price index came in better than expected to reach a four-month high of 2.5%. Chinese banks are also maintained gains after the People's Bank of China announced a plan to cut the reserve requirement ratio. European markets opened mixed following a sharp increase in the debt before yesterday, and manufacturing production data from the United Kingdom. Currently, the DAX is up 0.13% and the CAC 40 is up 0.09%. However, out of the FTSE 0.50%.

WTI Crude oil climbed after positive data from China and Europe boosted the prospects for additional stimulus energy needs. Merchandise is currently trading at its highest level since March over U.S. $ 104/barrel. The API is set to release surveillance data today at 20:30 GMT, and the expectation is to see a decrease in supply. Gold is trading in the range as a result of inconsistent data. On the one hand, the ECB lowered interest rates and said a further incentive, which is a bullish metals. But investors continue to invest in U.S. stocks, pushing them to a record level. Traders should look to U.S. data throughout the week, including a young jolts at 2:00 today.

Today's Main Events:

8.30 GMT: GBP - industrial production - the measures the change in the total inflation-adjusted value of output of producers

14:00 GMT: GBP - NIESR GDP Estimate - measures the change in the estimated value of all goods and services produced in the previous three months, the economic

14:00 GMT: USD - young jolts - the number of jobs reported during the month, with the exception of the agricultural sector

Market Review By TraderXP: 

The yen touched the weakest level against the dollar since June 2010, on speculation the Bank of Japan will work with the government of Prime Minister Shinzo Abe to step up efforts to stimulate the economy.