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March 17, 2014 - Daily Market News

 

Hot Assets Today : USD

 

Last week , the market was focused on turmoil in Ukraine , the signs of a slowdown in China and speculation about the efforts of the Federal Reserve to reduce monetary stimulus . In addition to these factors the U.S. release some lower than expected on Friday , the Michigan Consumer Sentiment and PPI data both disappointed the market . At the close of trading the U.S., the Dow Jones Industrial Average lost 0.27 % , the S & P 500 lost 0.28 % , and the Nasdaq composite index lost 0.35 % . Yesterday there was a referendum in Crimea with 93% of voters choosing to secede from Ukraine and Russia join . The U.S. immediately said the vote violated the Constitution of Ukraine as they believe that the votes were kept under intimidation of Russian military intervention . Markets were mixed after the vote . Shares in Japan and Hong Kong fell as investors cautiously waited to see how the West would respond and that sanctions would be placed against Russia . The Nikkei closed 0.35 % lower and the Hang Seng closed 0.3 % lower . European stock markets are positive after Vodafone and RWE gained following news of a deal . Currently , the CAC 40 is 0.73 % , while Germany's DAX is 0.57 % and the FTSE 100 in London is 0.39 % .

 

After the vote in the Crimea , WTI crude rose due to speculation that there could be disruption of oil supplies as Russia is the largest energy producer in the world. The EU , U.S. and Ukraine consider the vote to be illegal and President Barack Obama signed an order authorizing financial sanctions . Production in Libya was also lower following protests . Gold is trading near a high six months after the referendum . The U.S. and Europe said they would impose economic and diplomatic sanctions on Russia this week if the vote occurred . Traders should wait for key data on the final day of the U.S., including the Index of NY Empire State Manufacturing at 12:30 ( GMT )

 

Today Main Events :

 

12:30 GMT : CAD - securities purchased abroad - measures the total value of domestic stocks , bonds and money market assets acquired by foreign investors .

 

12:30 GMT : USD - NY Empire State Manufacturing Index - rates the relative level of general business conditions in the state of New York

 

13:15 GMT : USD - Industrial Production - measures the change in the total inflation-adjusted value of output produced by manufacturers , mines and utilities .

 

15:00 GMT : EUR - German Buba President Weidmann Speaks - Deutsche Bundesbank ( Buba ) Jens Weidmann president is speaking . As president of the Bundesbank and a member of the ECB , which controls the interest rates on short-term , Weidmann has some influence on the value of EUR .

 

December 11, 2013 - Market News Daily

 

Hot assets Today : USD , Gold , NZD

 

Trading volatility was lower and U.S. stocks fell yesterday . Investors are now focusing on budget negotiations and the meeting of the Federal Reserve , which will be next week , between December 17 to 18 . The S & P 500 closed 0.32 % lower while the Dow Jones closed 0.33% lower. Asian stocks also fell after some Chinese banks issued certificates of deposit and negotiable , as the yen strengthened against the dollar . The Hang Seng closed 1.71 % lower and the Nikkei closed 0.62 % lower. European stock markets opened after most finance ministers set the terms for an agreement to share the cost of failed banks .

 

WTI continues to rise after the American Petroleum Institute released that oil inventories fell for the second consecutive week . There was evidence of economic growth worldwide, which leads to greater demand and also pushes prices up . Three oil ports are also set to reopen in Libya later this month , which will put pressure on the price . Gold has continued to rise when the dollar weakens . However, the upward momentum may be coming to an end as physical demand will decrease with a higher price . The incidence is also on the Federal Reserve meeting next week and make a decision on the tuned monetary easing policy .

 

Today Main events :

 

15:00 GMT : USD - Treasury Secretary Lew Talk - The secretary of the U.S. Treasury Jack Lew (February 2013 ) is talking . Speaks frequently on a wide range of subjects and his speeches are often used to signal policy changes to the public and to foreign governments .

 

19:00 GMT : USD - Balance Federal Budget - measures the difference in value between the federal government 's income and expenditure during the reference month . A positive number indicates a budget surplus , a negative number indicates a deficit .

 

20:00 GMT : NZD - Interest Rate Decision - The Reserve Bank of New Zealand ( RBNZ ) governor decides where to set the rate after consulting the senior bank staff and outside consultants .

 

20:00 GMT : NZD - Monetary Policy Statement RBNZ - describes how the bank can achieve inflation targets , as proposed to formulate and implement monetary policy over the next five years and how monetary policy has been applied since the release of last statement.

 

20:00 GMT : NZD - RBNZ Rate Statement - the main tool the panel uses to communicate with investors about monetary policy . Contains the result of the vote on interest rates , discusses the economic outlook and offers clues on the future evolution of votes .

 

March 18, 2014 - Daily Market News

 

Today's Hot Assets : EUR , USD , Gold

 

During the referendum on Sunday , chosen by 93 % of the people in the Crimea rejoin Russia . The international community immediately stated that the vote was not legal as they were made ​​under military intervention . As expected , sanctions soon followed . However , they are much milder than expected and the absence of violence has sparked demand for riskier assets . Traders returned to the stock market and the nearby U.S. trade, the Dow Jones gained 1.13 % , the S & P 500 gained 0.96 % , and the Nasdaq gained 0.81 % . Asian markets higher as sentiment lifted . The Nikkei gained 0.94 % as the yen weakened against the dollar and the Hang Seng added 0.5 % . The U.S. Federal Reserve will begin their two-day meeting today monetary policy , the first with Janet Yellen as Chairwoman . Investors expect it to be the third meeting where the Fed will scale back the stimulus money by another 10 billion U.S. dollars . European stocks opened lower on hopes of meeting and leading to data from Europe . The European and German ZEW Economic sentiment is the same will be released at 10am ( GMT ) .

 

WTI declined due to speculation that the sanctions put in Russia is not likely to interrupt supply . Russia and Europe are interdependent ; Europe is dependent on the export from Russia while Russia relies on the income it provides . The prices are now rising slightly as protestors in Libya shut a pipeline , lowering supply . Gold prices also fell as investors see less need for safe haven assets . The metal is also taking back ahead of the Federal Reserve Meeting . U.S. data will be a positive addition to the speculation that bad data is a result of bad weather rather than weakness in the economy once again . Traders should focus on U.S. data later today including the consent of the Building and Core CPI at 12:30 ( GMT ) as well as a word from Putin who is set to address the parliament of Russia later .

 

Main Event of the day :

 

10:00 GMT : EUR - ZEW Economic sentiment - relative rate of six - month economic outlook for the euro zone .

 

10:00 GMT : EUR - German ZEW Economic sentiment - gauges the six- month economic hopes

 

12:30 GMT : USD - Building permits - measures the change in the number of new building permits issued by the government . Building permits are a key indicator of demand in the housing market .

 

12:30 GMT : USD - Core CPI - measures the change in prices of goods and services , excluding food and energy .

 

15:40 GMT : CAD - BoC Gov Poloz speaking - I talk to the Chamber of Commerce , Halifax

 

17:45 GMT : GBP - Gov. Carney speaks Boe - Due to speak at the annual Mais lecture , London

 

March 19, 2014 - Daily Market News

 

Today's Hot Assets: EUR, USD, gold

 

Putin spoke yesterday of the Russian Parliament . He noted that the referendum in the Crimea was legal because it meets all democratic norms and over 90% of Crimeans voted to be part of Russia. He also said that building good relations with neighboring Ukraine is always our main priority and that he has no intention to occupy more countries . Markets gathered following his comments. At the close of trade with the U.S. , the Dow Jones had been 0.55% , the S & P 500 had gained 0.72% , jaNasdaq had been 1.25% . Asian stocks were mixed. Sentiment has been dampened by concerns about the real estate sector which accounts for 16% of China's GDP aiheuttaaHang Seng dropped 0.07% . The Nikkei , however, gained 0.36% , as the yen weakened against the U.S. dollar . The U.S. Federal Reserve opened a two-day monetary policy meeting yesterday, the first Janet Yellen as President of the . Investors expect this to be the third meeting , jossaFed to scale back monetary stimulus Oct. 2 billion. Yellen is scheduled to hold a news conference after the meeting. European stocks moved lower cautious trade ennenFBI statement , which will be published at eighteen (GMT).

 

WTI Crude rose yesterday, gaining almost 2%, while Enterprise Products Partners LP said it has more than twice the capacity of the Seaway pipeline . Financial Information also some support for oil. The prices shown above gains after U.S. data osoittivatkuluttajahintaindeksi rose 0.1% , matching estimates . Investors should focus on the inventory data later tulevatYVA at 14:30 (GMT). Gold prices fall ennenFBI statement and Yellen at a press conference later in the day . A surge in share prices yesterday also pushed gold down to a reduction of tension in Ukraine.

 

The main events of the day :

 

09.30 GMT : GBP - MPC Meeting Minutes of Monetary Policy Meeting Minutes - onyksityiskohtaiset knowledge of English bank's policy setting meeting, which includes in-depth insights into the economic conditions that influenced the decision on where to set interest rates .

 

09.30 GMT : GBP - unemployment report - measures change in the number of unemployed in the UK during the reported month .

 

18:00 GMT : USD - FOMC announcement , the primary tool the panel uses to communicate with investors monetary policy. It contains the result of the vote on interest rates , keskusteleetalousnäkymistä and provides clues to the future of the votes.

 

18.30 GMT : USD - FOMC Press Conference

 

21.45 GMT : EUR - GDP - measures in at an annualized muutosinflaatiokorjattuina all goods and services produced by the economy

 

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