PROVEN RESULTS

Market Review By TraderXP: 

Oil fell as accelerating Chinese inflation reinforced fears that economic incentives can be eliminated. The spread between oil in New York and London has narrowed to least in almost four months.

March 5, 2014 - Market News Daily

Today 's Hot Assets : EUR, USD, CAD

The chances of military conflict in Ukraine has decreased. Russian President Putin said that they reserve the right to use force in the Crimea in the case of " lawlessness " , but noted that such an occurrence would be a last resort . This came after news that Russian troops were called military exercise back into their bases . Stocks rose as investors speculated that the situation would likely not escalate further. S & P 500 closed 1.53 % higher and the Dow Jones closed 1.41 % higher . Asian stocks were mixed . Nikkei rose 1.2 % as the yen continued to weaken against the dollar . Hang Seng , however , declined 0.34 % as Chinese HSBC Manufacturing PMI points to slowing economy . Attention in Asia will now turn to the National People's Congress meeting in China. The meeting will be watched for any signs of whether government officials will introduce something new to the restructuring of China's economy . Asian investors are also preparing for a potential default in the bond market in the country . European shares lower on a wide range of services PMI data came out better than expected and the whole eurozone GDP out of the goal.

WTI crude declined almost 2 % as the threat of disruptions related to the geopolitical situation in Ukraine fell . API- ing, published yesterday that U.S. crude inventories rose 1.2 million barrels in the week ending Feb. 28, compared with expectations for an increase of 1.5 million barrels . Traders are now looking forward to today's EIA inventory of 15:30 (GMT). After collecting the following tension in Ukraine , gold fell 2 % yesterday . Attention will turn to key U.S. data released later in the day . ADP Nonfarm Employment Change will be released at 13:15 (GMT) and ISM Non- Manufacturing PMI will be released at 15:00 (GMT).

Today the main events :

13.15 GMT: USD - ADP Nonfarm Employment Change - a measure of the monthly change in non - farm , private sector , based on payroll data from about 400,000 U.S. business clients

15.00 GMT: CAD - Decision interest rate - Bank of Canada ( BOC ) governing council members came to a consensus on where to set the rate .

15.00 GMT: USD - ISM Non- Manufacturing PMI - Institute for Supply Management (ISM) Non- Manufacturing Purchasing Managers Index (PMI) for Business report , the composite index is calculated as an indicator of the overall economic condition for the non- manufacturing sector .

Market Review By TraderXP: 

The Australian dollar fell for a second day against the yen after data showed consumer confidence was little changed from two-month low, highlighting the concerns of the economy of the South Pacific weaken.

December 3, 2013 - Daily Market News

Today's Hot Assets: GBP

U.S. stocks fell after reaching record highs in late U.S. session as investors locked in profits . IndeksiProdhim ISM came on increased speculation seFed expectations could begin to diminish rapidly as it shows a strong growth in the U.S. economy which would weigh on shares . Reports also indicated that Black Friday spending was actually lower than last year . S & P 500mbyllur lower 0.27% and closed dheDow Jones 0:48 % lower . In Asia , after reaching the highest level since 2011Hang Seng fell 0.49% due to fear of tapering . However , Nikkei gained 0.6 % against the dollar weakened siYen . European stocks opened with small change .

WTI has climbed amid speculation that stocks may have fallen . Manufacturing PMI from China, Europe and the U.S. beat expectations which can lead to increased demand and push prices higher . Gold fell further as positive data yesterday . The dollar strengthened and made ​​investors trade on expectations for the Federal Reserve to start tapering monthly bond purchases in the coming months . The price is a little low siçmim climbing today has brought back some physical demand . However , traders should be wary of any call positions as they are dangerous and wait for key data at the end of the week , including the U.S. GDP and non - agricultural wages.

Key events today :

09:30 GMT : GBP - Construction PMI - measures the activity level of purchasing managers in the construction industry . A reading above 50 indicates expansion in the construction industry , a reading below indicates contraction . It gives an indication about the health of the construction section in the UK . Traders watch these surveys closely as purchasing managers usually have early access to data about their company's performance , which can be a leading indicator of overall economic performance .