04/08/2014 - August Daily Review
- Mark Densel
- English
- MARKETS NEWS
- Hits: 1600
Aug 4, 2014 - Daily Market News
Below expectations as it came out of Friday's non-farm payroll data disappointed the market. During the month of July, the U.S. economy added 209,000 jobs. It still adds 200,000 jobs, but missed forecasts as the sixth month was slightly positive. The unemployment rate edging up to 6.2 percent, a little more left. After results, U.S. stocks closed lower at S & P 500 0.29 percent and the Dow Jones closed 0.42 percent lower, more dropped. Asian markets were mixed today. Dollar trading at ¥ 102,53, rise against the yen as the Nikkei declined 0.31%. Strengthen banks Hang Seng gained 0.28%. Investors week after a policy meeting of the European Central Bank are expected as European markets are higher today. London's FTSE 100 up 0.44 percent and Germany's DAX up 0.11%, while currently, CAC 40 up 0.51 percent.
WTI crude refinery in Coffeyville declined to less than 6 months after the fire. Fire low demand and refinery could shut for 4 weeks. Operations already recently been added to the list as it was at first. In the face of the reduced demand for oil is waning. Gold is trading above a 6-week low. Will not raise interest rates soon resulted in speculation that, which was worse than expected NFP data came below. However, the benefits of metal, as luster has worn it was limited. Today's data so we can not see any significant movement is a quiet day.