PROVEN RESULTS

13th August 2013 - Daily Market News

Both annual and monthly Japanese machinery orders beat expectations cause Asian stocks rise. Government reports showed that the growth of the Japanese economy slowed and reduced as a result of U.S. equities.

WTI crude oil traded higher fueled by speculation that U.S. inventories fall. Libya has its largest terminal for the export of oil closed and BP have reported that it was a mistake that has caused a drop in production. Gold falls as it begins to consolidate after a four-day rally.

The yen after a report that Prime Minister Abe is considering cutting corporate taxes weakened. The U.S. dollar index traded higher as investors speculate that future data will be strong and will lead to the reduction of monetary stimulus. Investors awaited German ZEW consumer confidence and U.S. retail sales data, which will be published later today. Retail sales in the U.S. have to be observed in the last 3 months, so the dollar for a good binary options trading.

Today's main event:

08:30 GMT: GBP - CPI y / y, m / m - measures the change in prices of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing and inflation

09:00 GMT: EUR - Industrial Production y / y, m / m - Industrial production is a measure of output of the industrial sector of the economy. The industrial sector includes manufacturing, mining and utilities. Although these sectors contribute only a small portion of GDP (Gross Domestic Product), they are very sensitive to interest rates and consumer demand. This makes Industrial Production an important tool for forecasting future GDP and economic performance.

09:00 GMT: EUR - ZEW Economic Sentiment - prices relative six-month economic outlook for the euro zone. On the index, a reading above zero optimism, below indicates pessimism. It is a leading indicator of economic health. The reading is compiled from survey of about 350 German institutional investors and analysts.

09:00 GMT: EUR - German ZEW economic sentiment - gauges the six-month economic outlook. One level above zero indicates optimism, below indicates pessimism. The reading is compiled from a survey of about 350 German institutional investors and analysts.

12:30 GMT: USD - Core Retail Sales m / m - measures the change in the total value of sales at retail in the U.S. without cars. It is an important indicator of consumer spending and is also considered a pace indicator for the U.S. economy.

12:30 GMT: USD - Retail Sales m / m - measure the change in the total value of inflation-adjusted retail sales. It is the most important indicator of consumer spending, which account for the majority of overall economic activity.

June 13, 2014 - Market News Daily

Today hot Assets: Oil, USD

Tensions escalated in Iraq yesterday as militants fought government forces seized the city of Kirkuk. Iraq is close to civil war and largest oil producer, a surge in oil prices would hinder the global economy. U.S. stocks fell because of the uncertainty and the market received worse than the Retail Sales and Jobless Claims data expected. At the close of the session S & P 500 0.71% lower and the Dow Jones 0.65% lower. Asian stocks, however, climbed today shrugging off turmoil. Following positive data, it seemed that China is pumping additional funds into the economy in an effort to boost the economy. Both China's Fixed Asset Investment and Retail Sales Expected to Beat positivity into the market and the Hang Seng closed 0.69% higher. The Nikkei added 0.83% after the Bank of Japan did not change its monetary policy and the dollar moved higher against the Yen.

WTI Crude soared as Iraq tensions intensified. The commodity is now trading above $ 107/barrel, the highest close since September. Iraq is the world's largest producer of oil on the 8th and a spike in prices could be bad for the economy. Wants the biggest threat to the market if militants took Baghdad and moved to the oil patch. Gold also climbed to the tension. Weakness in equities and weak U.S. data also helped push the metal to a high 3 weeks.

Key events today:

12:30 GMT: USD - PPI - measures the change in the price of goods sold by manufacturers. Is a leading indicator of consumer price inflation

14:00 GMT: USD - Michigan consumer sentiment - rates the relative level of current economic conditions and future

Market Review By TraderXP: 

Oil varies in New York after the biggest gain in a week. Sector report showed U.S. crude and gasoline inventories rose last week while distillate stocks fell.
"The U.S. is still somewhat weak in terms of demand," said David Lennox, an analyst at Fat Prophets in Sydney. "Their proposals are beginning to look a lot better in terms of oil and which may constrain prices. You do not want to be short of oil at the time because of geopolitical supply shock events that seem to ripple on the surface."

August 14, 2013 - Market News Daily

Asian trading volumes were low and Hong Kong trade has been canceled due to the typhoon caused Asian stocks rise for a fifth day. U.S. core retail sales advanced economies and expanding German and French at a higher rate than anticipated. Eurozone seems to be picking up. As a result, U.S. stocks are up and European stock futures also gained.

WTI rose after U.S. data and Libya would open its port main oil exporting today, but output has fallen after intermission. Gold is choppy trade as investors are still awaiting a decision on monetary policy, as all positive data adds to the case for the Fed to reduce monetary stimulus.

Euro gained after two German and French GDP grew by 0.7% and 0.5% respectively. The U.S. dollar index is also going up and signs suggest the Fed could start tapering in September which will be an opportunity for binary options trading.

Key events today:

08:30 GMT: GBP - MPC Minutes - a detailed record of the Bank of England's policy setting meeting, containing in-depth insights into the economic conditions that influenced the decision on where to set interest rates. Sharing vote rate of interest MPC members tend to be the most important part of the minutes.

09:00 GMT: EUR - GDP (QoQ) - measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. This is a broad measure of economic activity and the leading indicator of economic health.

12:30 GMT: USD - Core PPI y / y, m / m - measures the change in the selling price of goods and services sold by producers, excluding food and energy. PPI measures price change from the perspective of the seller. When manufacturers pay more for goods and services, they are more likely to pass the higher costs to the consumer, so PPI is thought to be a leading indicator of consumer inflation.

17:20 and 19:15 GMT: USD - FOMC Member Bullard Speaks - Federal Reserve Bank of St. Louis President and Federal Open Market Committee (FOMC) voting member (March 2011 - present) James Bullard is to speak. FOMC members are responsible for setting the interest rate and their speeches are closely watched for indications on the future possible direction of monetary policy