Market Review By TraderXP

Hedge funds cut bets on a rally in gold the most since 2007 and was the most bearish ever on sugar and coffee, as concern that the Federal Reserve will slow the U.S. stimulus program drove commodity prices the biggest loss this year.

 

 

 

 

September 5, 2013 - Daily Market News

U.S. stocks advanced after jobless claims came out better than expected. It contributes to the flow of positive data that we have seen recently from the U.S. suggesting peak soon. A two-day meeting will be held by the Federal Open Market Committee reduction of monetary stimulus on 17 and 18 September to discuss. European shares climb to the president of the ECB, Draghi reiterated that monetary policy will remain accommodative and interest rates will remain low.

U.S. oil inventories fell send WTI higher. A Senate panel has given President Obama the authority to use military force against Syria pushes oil concern remains that the oil supply may be affected. Gold falls to the positive U.S. data as the dollar is strengthening. Tomorrow the monthly nonfarm payrolls for the U.S. will be released. As a driver of the markets this event watched by binary option traders as it may send gold to new lows.

 

 

 

 

June 27, 2014 - Daily Market News 

 

Today's Hot Assets: GBP USD 

 

A member of the Fed, James Bullard, said in an increase in the interest rate fell after the U.S. stocks. After a debut as a public company, they GoPro losses after the end of a rally. Queen of the session, S & P 500 0.12% lower and 0.13% of the Dow Jones. Combined session of the Asian markets. The yen against the U.S. dollar, reaching a range of data from Japan's Nikkei lost 1.39%. About 24 hours ago from Yen ¥ 101.61 compared with ¥ 101,83 purchase. Hang Seng, however, leading gains in casino shares added 0.1%. European markets higher, but this is the day set for the loss of a week. Germany's DAX and London's FTSE 100 0.26% 0.27% is the present, CAC 40 was up 0.38%. 

 

Reaching its lowest close in 2 weeks, WTI crude moved below $ 106/barrel. Decline in support for the movement, and so the object is not added to the EIA report, the supply of oil and the U.S. worries about the supply of API and from Iraq over the increase was caused by weak data. Gold also Bullard's comments yesterday were a little less. The initial reaction to the situation in Iraq is priced into the market now. Traders will continue to focus on the U.S. to see the data and regional political developments. 

 

Today's main events: 

 

08,30 GMT: GBP - GDP-measures the annual change in the value of the production of all goods and services, inflation 

 

13.55 GMT: USD - Michigan Consumer Sentiment - current and future economic conditions to rate the relative level of

 

 

 

 

September 6, 2013 - Daily Market News

Nonfarm payroll figures will be released today for the U.S. Not only that, in general , the biggest release of the month , but it is also the last major piece of information, we will get a share of the U.S. Federal Open Market Committee meeting yesterday after the release of positive economic indicators in the U.S. the economy continues to improve , and if positive NFP shares may continue to climb. European stocks move in pushing forward the report to the lower than expected German trade balance , published this morning Asian stocks mostly higher ahead of NFP but the Nikkei 225 fell by 1.1 % in

WTI is trading above the low inventories and uncertainty over the Syrian strike : The G20 meeting is held at the time of the Russian and U.S. President Barack Obama is trying to convince allies to support a U.S. military strike . As the Middle East supplies about 35 % of the world's oil supply could be affected by pushing prices higher. Gold traders are still torn between Syria and the U.S. economic data. If a strike is taking place in Syria, pushing gold to new highs. However , if the NFP figures traders to invest in the dollar as a safe haven and the FOMC is likely to initiate a cash tapering metal will decrease . The report should be viewed by investors today , because it will provide a short-term binary options trading opportunities.

Today 's Events:

08,30 GMT: GBP - Industrial Production (YoY) / ( MOM ) measures the change in the total inflation - adjusted value of output produced by manufacturers, mines , and utilities.

08,30 GMT: GBP - Manufacturing Production (YoY) / ( MOM ) measures the change in the total inflation - adjusted value of output produced by UK manufacturers. Manufacturing accounts for approximately 80 % of total manufacturing output , industrial production growth highlights the increasing economic growth.

08,30 GMT: GBP - trade balance - measures the difference in value between imported and exported goods and services over the reporting period . A positive number indicates that more goods and services that are exported imported .

12.30 GMT: CAD - Employment Change - measures the change in the number of people employed . Job creation is an important indicator of consumer spending

12.30 GMT: USD - Nonfarm Payrolls - Measures the change in number of employed people during the previous month , excluding the farming industry. Job creation is the most important indicator of consumer spending , which accounts for the majority of economic activity

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

 

 

 

 

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