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December 13, 2013 - Daily Market News

 

Today Hot Asset : USD

 

After positive economic news lately is great speculation that the Fed stimulus could cut as early as next week as they have said they are waiting for better economic results . The markets are now awaiting the FOMC meeting next week . U.S. stocks fell , the S & P 500 reached a five -month closing low 0.38 % and the Dow Jones 0.66 % lower. Asian stocks closed higher as the dollar rose against the yen . At the end of the session, the Nikkei had gained 0.4 % and the Hang Seng had gained 0.22 % . European stocks opened mixed.

 

STI little changed after a fall during the week when petrol and diesel inventories increased . Reduction of the stimulus can also reduce . An adverse effect on the product as a tapered question Gold fell sharply yesterday after U.S. data was positive and the dollar strengthened. During the Asian session traded flat and there was no significant movement .

 

Today Main Events :

 

13.30 GMT : USD - Core PPI ( MoM ) - measures the change in the selling price of goods and services sold by producers , excluding food and energy . The PPI measures price change from the perspective of the seller. When producers pay more for goods and services, they are more likely to have higher costs to consumers go, so PPI is thought to be a leading indicator of consumer inflation.

 

13:30 GMT : USD - PPI - measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation , which accounts for the majority of overall inflation .

 

March 21, 2014 - Daily Latest News

 

Asset hot today: USD , CAD

 

The U.S. Federal Reserve decided to continue tightening the monetary policy meeting as it continued to improve working conditions . Reduced the current quantitative easing program by another $ 10 billion . Although there is no specific timeframe stated, Yellen also suggested that the Fed could start raising interest rates since April 2015 , which was a big surprise for the market . The news initially sent stocks lower , as they benefit from low interest rates that make borrowing money more attractive. The U.S. manufacturing index published by the Philadelphia Fed yesterday went above expectations and investors began to shake the rate hike as an improvement in the economy would boost corporate earnings . Accordingly, the shares rose the Dow Jones closed 0.67 % higher , the S & P 500 closed 0.60 % higher and the Nasdaq closed 0.27% higher. Asian stock markets also recovered and Hang Seng closed 1.21 % higher. The Nikkei , however, remained at 14,224.23 as the market remained closed for a public holiday . European markets opened on the rise as the shares recovered . Support was also found after a member of the ECB Executive Board , Lautenschlaeger said Thursday that rates will stay low or go even lower for an extended period .

 

WTI Crude oil is poised for a third weekly decline as the EIA reported that crude supplies rose to the highest level since November in the U.S. and increased production . Yellens comments that the Fed could raise interest rates as soon as next year also pushed prices down , as added support for the U.S. dollar. Gold has been a downward trend throughout the week . Following the gradual decline and the possibility that the central bank's stimulus program could end this fall have put pressure on the price . Fears over violence in Ukraine are also decreasing reducing the need for refuge assets . Traders should look out for key FOMC member speeches later in the day.

 

Today Main Events :

 

12:30 GMT : CAD - Core CPI - measuring changes in the price of goods and services , excluding food and energy .

 

12:30 GMT : CAD - Core Retail Sales - measures the change in the total value of retail sales in Canada , excluding automobiles

 

17:45 GMT : USD - FOMC Member Fisher speaks - because of a speech entitled " Facing Forward : fashion or future monetary policy " at the London School of Economics and Systemic Risk Conference in Political Science

 

20:30 GMT : USD - FOMC Member Kocherlakota speaks - Due participated in a panel discussion entitled " Transition and long-term challenges for monetary policy ," the International Research Forum in Washington DC

 

22:30 GMT : USD - FOMC member speaks Stein - Due to speak at the International Research Forum in Washington DC

 

Market Review By TraderXP

Hedge funds cut bets on a rally in gold the most since 2007 and was the most bearish ever on sugar and coffee, as concern that the Federal Reserve will slow the U.S. stimulus program drove commodity prices the biggest loss this year.

 

 

 

 

September 5, 2013 - Daily Market News

U.S. stocks advanced after jobless claims came out better than expected. It contributes to the flow of positive data that we have seen recently from the U.S. suggesting peak soon. A two-day meeting will be held by the Federal Open Market Committee reduction of monetary stimulus on 17 and 18 September to discuss. European shares climb to the president of the ECB, Draghi reiterated that monetary policy will remain accommodative and interest rates will remain low.

U.S. oil inventories fell send WTI higher. A Senate panel has given President Obama the authority to use military force against Syria pushes oil concern remains that the oil supply may be affected. Gold falls to the positive U.S. data as the dollar is strengthening. Tomorrow the monthly nonfarm payrolls for the U.S. will be released. As a driver of the markets this event watched by binary option traders as it may send gold to new lows.

 

 

 

 

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