19/12/2013 - December Daily Review
- Mark Densel
- Hits: 1811
December 19 , 2013 - Daily Market News
Today's Hot Property : U.S. Dollar
After months of speculation , the Federal Reserve $ 75 billion from $ 85 billion to reduce its monthly bond purchases . Continued improvement in the labor market and the economy had improved results . Investors believe that the promises in-law and their choice of $ 10 billion will see a small amount of taper mintana shares . S & P 500 1.66% 1.84 % higher Friday and the Dow Jones closed higher . The dollar rose against the yen and Japanese shares closed at their highest level since 2007 , the Nikkei closed higher by 1.74 % . Today is the beginning of a 2 -day policy meeting of the Bank of Japan increased bond purchases . European stocks opened higher , traders welcomed the news .
WTI crude stockpiles decreased, following a one-week high near the trade. By -law and the increasing demand for the U.S. economy was recovering strongly in the final push showed that the higher the price . Gold dropped immediately after the report . Price is less certain that the body can stimulate demand .
Today's key events :
09.30 GMT : GBP - Retail Sales ( Mother ) - the inflation-adjusted sales at the retail level, the total change in value . Consumer spending , which accounts for the majority of overall economic activity , is a leading indicator .
13.30 GMT : USD - FOMC Member Fisher Speaks - FOMC members interest rate and possible future direction of monetary policy in their speeches closely for signs , responsible for the formation of priests .
15.00 GMT : U.S. Dollar - Existing Home Sales - operations that were sold in the previous month, the annual number of residential buildings changed . This report helps to analyze the strength of the U.S. housing market and the overall economic strength is an important symbol .
15.00 GMT : U.S. dollar - Philadelphia Fed manufacturing index - Philadelphia rates relative to the level of general business conditions . An index level above zero indicates improving conditions , below indicates worsening conditions .