September 2, 2013 - Daily Market News

Asian and European stocks rose after Chinese Manufacturing PMI came out better than expected. This shows the expansion of industry and gives confidence that the global economy is growing. European stocks rose to their highest in 8 weeks. The stocks are also rising fears of military action in Syria is fading .

Gold is down thrust on both decreased the fear of a Syrian intervention and speculation that the Federal Reserve will reduce stimulus. WTI is down after President Obama said he will seek approval from Congress for intervention in Syria - delay a potential attack .

There U.S. and Canadian markets will be closed today due to the Labor Day so that binary options trading can be thin.

Today the main events :

07:45 GMT : EUR - Italian manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector . A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely purchasing managers usually have early access to data related to performance of their company , which can be a leading indicator of overall economic performance

08:00 GMT : EUR - German manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector . A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely purchasing managers usually have early access to data related to performance of their company , which can be a leading indicator of overall economic performance .

08:00 GMT : EUR - Manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector . A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely purchasing managers usually have early access to data related to performance of their company , which can be a leading indicator of overall economic performance .

 

 

 

 

 

 

March 20 , 2014 - Daily Market News

 

Today's hot properties : Dollar , Gold

 

Janet Yellen , president of the U.S. Federal Reserve 's first press conference after their two-day monetary policy meeting , which concluded yesterday . The latest information on the Fed 's economic growth slowed , but it is the experience of the bad weather throughout the winter months , in part, it was concluded that the shows . In addition , to improve the conditions of workers , but the unemployment rate still remains high . As a result , continued, and he was still less than $ 10 billion by the end of the current quantitative easing program . Although there is no specific timeline for that , as early as April 2015, the Federation Yellen suggested to start hiking interest rates in the market for a good surprise . Take advantage of low interest rates make stocks more attractive to borrow money, the news that sent U.S. stocks lower . At the end of the U.S. trade , the Dow Jones and the S & P 500 0.61 % lower , less than 0.62 % , and the Nasdaq 0.59 % lower . Asian markets moved lower . Nikkei gains as the dollar climbed 0.9% against the yen but less than 1.65 % , closing the other of the track started . Tencent is the largest component of 1.8 % , the Hang Seng Shrugging off the loss of positive returns . European stocks started the day with sharp losses . Germany's DAX and France's CAC 40 0.52 % of the 0.53 % less than the current , the FTSE 100 is down 0.77 % .

 

West Texas Intermediate Cushing EIA showed crude inventories dropped for the seventh week climbed above $ 100/barrel . This has led to a greater demand for the high prices that boosted economic growth in the future . Spot goods more attractive to low interest rates in the U.S. oil currently provides support for policy coordination . The Fed refused yesterday following the decision to proceed with the gold tip . And so much more hawkish statement from the Fed is expected to put pressure on the yellow metal , which caused the dollar to rally . Historically, rising interest rates, high interest rates offered by other assets to compete for the gold in the negative , are possible. Today 's existing home sales to traders and the Philadelphia Fed Manufacturing Index at 2pm (GMT) and the U.S. should focus on the data .

 

Today's events :

 

11.00 GMT: GBP - CBI Industrial Trends Orders - which measures business conditions in the manufacturing executives in the UK is a leading indicator of economic expectations .

 

12.30 GMT: USD - initial jobless claims - measures the number of individuals who filed for unemployment insurance for the first time last week

 

14.00 GMT: USD - Existing Home Sales - measures that have been sold in the previous month, the annual number of existing residential buildings .

 

14.00 GMT: USD - Philadelphia Fed Manufacturing Index - general business conditions, the relative level of rates in Philadelphia

 

June 25, 2014 - Daily Market News 

 

Today's Best Asset: USD 

 

U.S. shares declined for the selloff of shares. It appears that the markets took a break while some investors believe that it would be because of the increased violence in Iraq. At the close the S & P 500 was 0.64% lower and the Dow Jones was 0.7% lower. Asian shares also fell in quiet trade across the region because of concerns over Iraq. The Nikkei lost 0.71% after investors shrugged off comments by Prime Minister Abe's awaited growth strategy. The Hang England lost 0.06%. European shares traded lower throughout the day as weaker than expected Euro zone and the confidence in the German market was weighed. In the meantime, trade in a mid DAX Germany lost 0.7% to 9,866.64 and the UK's FTSE 100 declined 0.6%. 

 

WTI crude declined following a pledge from Iraq to increase production and exports. U.S. President Barack Obama also suggested that the prohibition on light oil to the U.S. may be better. The EIA will release inventory data today at 2.30pm GMT and expect to see growth in the following yesterday's report from the API. After dating for most of the day, the higher Gold is rising once again. I further boost the consequences could be very serious, expected U.S. GDP data. Iraq will remain a focus so be sure to stay up-to-date with events. 

 

Main events of today: 

 

12.30 GMT: USD - Core durable goods orders - measures change in the total value of new orders once the goods manufactured, excluding transportation items 

 

12.30 GMTT: USD - GDP - measures annualized change in the value of the inflation-adjustment of all goods and services produced in the economy.

 

 

 

 

September 3, 2013 - Daily Market News

The economic fundamentals have shown the global economy to recover recently as U.S. Fed can reduce monetary stimulus. The dollar has been gaining and the yen is weak as a result. This has caused Asian stocks to rise. U.S. stocks gain but markets can be quiet until the data are released later today. The ISM Manufacturing Index will probably determine where the market will go today. European stocks up after data showed that the Spanish unemployment rate remained unchanged in August and Government Budget Balance of them were below expectations.

Gold has been all but is still trading lower driven by improvements in the global economy and a stronger dollar. The potential strike in Syria seems less imminent and investors are selling the metal. The decline of quantitative easing appears likely and gold could be set to see further decline. WTI is also lower also due to easing the situation in Syria. NFP Friday is going to be a big driver products as it will determine the direction of the U.S. dollar - a great opportunity for binary options trading.

Highlights of today:

13:30 GMT: CAD - RBC Manufacturing PMI - measures the activity level of purchasing managers in the services sector. A reading above 50 indicates expansion in the manufacturing sector, a reading below 50 indicates contraction.

14:00 GMT: USD - ISM Manufacturing Index - prices relative level of business conditions including employment, production, new orders, prices, supplier deliveries and inventories.
The data are compiled from a survey of approximately 400 purchasing managers in the manufacturing industry.
On the index, a level above 50.0 indicates industry expansion, below indicates contraction.

 

 

 

 

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