09/05/2014 - May Daily Review
- Mark Densel
- English
- MARKETS NEWS
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May 9, 2014 - Daily News Market
Hot Properties for today: GBP
Twitter finally reversed its sharp decline yesterday and finished a little under 32.00 . Compared to the price of it about two weeks ago ( $ 42.00 ) we see that investors have lost faith in the company on Twitter. S & P500 Index finished slightly lower ( -0.14 % ) . The main event yesterday was talk of the European Central Bank president Mario Draghi . First began to sound hawkish when he said about the economic recovery , but later in his speech said that the ECB to cut June which sent the Euro down. EUR / USD finish above its support at 1.3830 and today will be traded in a mood. Janet Yellen second in his testimony not be surprised anyhow .
Today Telefonica SA is about to release its Q1 earnings which may provide some good trading opportunities . On the other hand we expect some increase in Barclay as they announced the closing of 7000 the opportunity to work .
Today Main Events :
08.30 GMT: GBP - Industrial Production - a step change in the total inflation-adjusted value of output produced by manufacturers
12:30 GMT: CAD - Rate Unemployment - measures the percentage of the labor force that is unemployed and actively seeking employment during the previous month .
14:00 GMT: USD - jolts Job opportunities
22:00 GMT: USD - FOMC Member Kosherlakota speaking - From the talk in 2014 in Asia Pacific American Heritage Dinner , in Minnesota