January 24 , 2014 - Daily Market News

 

Hot Property today : iyayaashu / USD

 

The U.S. Stock indices ended up on a red . Mr Konare , decreased -0.59 % , S & P500 by -0.89 % . The main attention was yesterday Most Corporation , which lost 8.7 % on NYSE . However, the S & P500 index was down often due to poor performance Bank (Bank of America -1.69 % , -2.27 % in kobocsan knowledge , Tawakal -1.69 % ) . Obstruction of the market price of Gold to increase and reach the highest price in the 5 - week $ 1,265 / ounce . Today, we pay attention to Canadian CPI data which predicted -0.4 % . We also will see Mario Draghi ( President of the European Central Bank ) to speak at 5.00pm ( GMT ) .

 

The iyayaashu / USD pair increased to the highest levels since May 2011 . With the lack of information should we expect some return value and correction technique down . On / USD euro we see may increase the movement of some gubnay , market sentiment can on the Euro .

 

Milestones today :

 

09.30 GMT : iyayaashu - BBA Mortgage approval - measures the number of new loans approved by banks BBA - Shabaab during the first month . It includes more than half of the total UK mortgage market . It provides information about the buyers in the housing market in the UK

 

13.30 GMT : CAD - Core CPI - measures changes in prices of goods and services , excluding food and energy . The CPI measures price change from the perspective of the customer

 

The main U.S. index futures pointed to a lower opening on Wednesday, reflecting the mood of a careful arrangement of traders among some disappointing economic data. In a report released earlier in the day showed that the U.S. private sector added far fewer jobs than expected. The report considered the forerunner for non-agricultural report of the Ministry of Labor wage bill is likely to increase uncertainty about the latter. Thus, the markets were able to observe the session in which the lack of direction, if the results of a survey of the Institute for Supply Management did not lead them in a certain direction.

 

U.S. stocks fell on Tuesday as concerns about trimming the stimulus the Fed came back to haunt investors. The major indexes opened higher after a report showed the U.S. trade balance widened by less than expected. After moving with modest results before the end of morning trading, indexes fell below the line unchanged. The indices were down after that, before paring back some of the losses in late trading.

 

Industrial Dow fell 76.49 points, or 0.50 per cent to 15,178 and S & P 500 Index closed 9.04 points, or 0.55 per cent lower in 1361, while the Nasdaq Composite closed at 3445, up 20.11 points, or 0.50 per cent.

 

Nineteen of the thirty Dow components closed lower, with Alcoa (AA), Boeing (BA), Bank of America (BAC), Home Depot (HD), Hewlett-Packard (HPQ), IBM (IBM), Microsoft (MSFT) and United Technologies (UTX), leading declines. On the other hand, Coca-Cola (KO), Merck (MRK) and AT & T (T) advanced features.

 

Gold, biotechnology, oil, banking and retail stocks were among the outsiders of the session.

 

Currency, commodity markets

 

Crude oil futures are rising $ 0.46 to $ 93.77 a barrel after slipping $ 0.14 to $ 93.31 a barrel on Tuesday. An ounce of gold is currently trading at $ 1,403, up $ 5.80 from the previous session, closing at $ 1,397.20. In the previous session, the precious metal fell to $ 14.70.

 

Among currencies, the U.S. dollar traded at 99.62 yen compared with 100.03 yen it brought at the close of New York trading on Tuesday. Against the euro, the dollar is valued at $ 1.3073 compared with $ 1.3081 yesterday.

 

Asia

 

Major Asian markets fell across the board, stung by the negative lead from Wall Street overnight and the uncertainty of the prospects of monetary policy in the U.S. Some sour domestic economic reports and the strengthening of the yen, despite the policy measures announced by the Government and weighed on the markets.

 

Japan's benchmark Nikkei 225 average does not move in a nervous way to the end of the day, moving in and out of positive territory before declining sharply thereafter. The index fell 518.89 points, or 3.83 percent to close at 13,015. Sale was broad based, with Tokyo Electric Power falling 16.31 percent and leading declines.

 

Australia All Ordinaries opened little changed, but fell sharply in the first half of the day. After the index is shifted toward before closing 61.50 points, or 1.26 per cent in 4825, while domestic GDP data disappointed to the downside. The market witnessed a broad-based sell-off, financial and energy stocks leading position below.

 

Hong Kong's Hang Seng Index closed at 22,069, up 216.28 points, or 0.97 percent. The averages in Singapore and South Korea slipped 1 percent each.

 

On the economic front, in his speech, touted as a "third arm" growth strategy, the Japanese Prime Minister Shinzo Abe laid out a plan to rejuvenate the ailing economy of the country with plans to increase per capita income by 3 percent per year, to increase capital spending by 10 percent during the the next three years, and set up special economic zones to attract foreign companies. But the lack of specific details have disappointed investors.

 

Measure of activity in the Chinese service sector showed little change in the levels of activity in May. Data collected by HSBC and Markit Economics showed that the index of business activity in the service sector grew only by 0.1 points to 51.2. The composite index, which measures activity in both manufacturing and non-production sector fell to 50.9 from 51.1 in April.

 

A report published by the Australian Bureau of Statistics showed that Australia's first quarter GDP grew by 0.6 percent quarter over the previous quarter. Economists had expected a greater expansion of 0.8 percent.

 

Europe

 

European stocks are also seeing weakness, as the economic problems of stress released some lukewarm economic data. Traders also exercised caution ahead of the U.S. employment data.

 

In economic news, the final estimates released by Markit Economics, showed that private sector activity in the euro area declined at a slower pace in May. The final composite output index rose to 47.2 in May from 46.9 in April. The reading was in line with the initial estimate. Reading the service sector was revised down to 47.2 from 47.7.

 

In the survey, Markit Economics and the Chartered Institute of Purchasing and Logistics showed that the index is seasonally adjusted purchasing managers for the UK service sector rose to 54.9 in May from 52.9 in April, marking the fifth consecutive growth. The index was forecast to rise to 53.1.

 

The revised GDP estimates released by Eurostat showed that the euro zone economy contracted by 0.2 percent sequentially in the first quarter, according to estimates. A separate report released by Eurostat showed that retail sales fell 0.5 percent month over month in April compared with a 0.2 percent drop in March. Economists had expected a drop of 0.2 percent.

 

 

November 8, 2013 - Market News Daily

 

Today's Hot Assets : USD , GOLD

 

Yesterday , many of the fundamental data was released on the market. The ECB lowered its interest rate to 0.25 % causing the euro to plummet . U.S. data was also released and was mostly positive. GDP came on expectations showing that the U.S. economy expanded by 2.8 % in the third quarter . Continuing Jobless claims were also positive . The data supported speculation that the Fed may start tapering sooner than thought . U.S. stocks fell sharply following the figures , the S & P 500 closed 1.32 % lower and the Dow Jones closed 0.97 % lower . Asian stocks also fell , the Hang Seng closed 0.6 % lower and the Nikkei closed 1 % lower . European stocks climbed yesterday but opened negative numbers after Standard and Poor's Credit Rating cut France. Investors will now focus on the NFP report will be released at 13:30 GMT .

 

WTI dropped yesterday and is now ranging after rebounding slightly. Prices have been falling recently as decimal supply showed a higher but lower demand. The price is also under pressure after China crude imports fell to their lowest level in a year . Gold fell yesterday after positive U.S. data . The metal fell 22 % this year driven by speculation of stimulus . Commodities traders will likely await the outcome of the nonfarm payroll figure before making any moves today.

 

Today's key events :

 

13:30 GMT : CAD - Changing Jobs - measures the change in the number of persons employed . Job creation is an important indicator of consumer spending .

 

13:30 GMT : USD - Nonfarm payroll - measures the change in the number of employed people during the previous month , excluding the farming industry . Job creation is the foremost indicator of consumer spending , which accounts for the majority of economic activity .

 

13:30 GMT : USD - Unemployment Rate - measures the percentage of the total labor force that is unemployed and actively seeking employment during the previous month .

 

20:30 GMT : USD - Fed Chairman Bernanke Speaks - Federal Reserve Chairman Ben Bernanke (February 2006 - January 2014 ) is to speak . As head of the Fed , which controls the short term interest rates , he has more influence on the value of the U.S. dollar than any other person . Traders watch his speeches closely as they are often used to drop hints about future monetary policy .

 

April 30, 2014 - Daily Market News

 

Today's Hot assets: EUR , GBP , USD , oil

 

Technology stocks again yesterday, dragging U.S. stocks higher. Risk appetite returned and investors focused on the FOMC statement will be released today 06:00 GMT . Recent U.S. data has been mostly strong and has shown continuous improvement in the economy , and tāFed is expected to continue the current pace of tapering and reducing quantitative easing Arwel $ 10 billion . At the end of the session , the S & P 500 was 0.48% higher unDow Jones was 0.53% higher. Asian markets were mixed . Hang Seng lost 1.43 % , after earlier rally following disappointing corporate earnings . Nikkei , however, gained 0.11% , after kadJapānas Bank about any change in the monetary policy izraisajena decline slightly , and stocks to get . European stocks began the day mixed before CPI data will be released at 09:00 GMT . The lower than expected number could push Draghi , monetary easing to increase and thereby weaken the euro .

 

WTI Crude dropped the after strict inventory released data showing an increase in inventories increases spekulācijasIVN will report similar results today . The EIA reported that inventories last week rose to the highest level on record , and clearly this is bearish for the price. Gold falls before Fed statement and U.S. data later in the day . Tapered has pushed gold lower than parastimetāla moves inversely to the dollar , which strengthens as quantitative easing is reduced. U.S. data will be the focus for commodity traders throughout the day, including ADP Nonfarm Employment change 12:15 GMT and 12:30 GMT on GDP .

 

Today's key events :

 

09:00 GMT : EUR - CPI - measures changes in the prices of goods and services from a consumer perspective

 

12:15 GMT : USD - ADP Nonfarm Employment Change - measure monthly changes in non- farm , private sector , based on salary , approximately 400,000 U.S. business clients

 

12:30 GMT : C - GDP - measures of annual changes in inflation -adjusted value of all goods and services produced by the economy

 

12:30 GMT : U.S. - GDP - measures the annual change in inflation -adjusted value of all goods and services produced by the economy.

 

18:00 GMT : USD - FOMC statement -chief instrumentspaneļa uses to communicate with investors about monetary policy.

 

18:00 GMT : USD - Interest Rate Decision - The Federal Open Market Committee ( FOMC ) members vote on where to set the rate . Traders watch interest rate changes , as short-term interest rate is a major factor in currency valuation .

 

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