Trading Strategy

Nov 28 , 2013 - Daily Market News

Today's Hot Asset : EUR

( Including initial jobless claims and Chicago PMI ) to most U.S. data came out yesterday with expectations . Boosted investor confidence and the stock was acquired . In the U.S. , S & P 500 0.25 percent and the Dow Jones closed 0.15 % higher to close . Yen against the dollar reached a six -month low as Asian stocks rose and the Nikkei closed 1.8 % higher . However , Hang Seng dropped 0.07 % . European stocks opened with small change , but are close to a 5 -month high . German investors , including unemployment and European consumer confidence later in the day will wait for the data .

Push the total list price of U.S. crude oil gained for the tenth week . Recently , the oil in the face of excess supply and low demand has been trending down . Libya protests still continue and so it should still be seen by traders production recovery is hindered . Gold fell after positive U.S. data . Investors no longer have declined 26% over the past year, which hold the metal .

U.S. markets will be closed today is Thanksgiving . Maybe it will be less volatility .

Today 's key events :

08.00 GMT : EUR - Spanish GDP - all goods and services produced by the economy, the inflation -adjusted annual change in the price measures

08.55 GMT : EUR - German unemployment rate - measures is unemployed and actively seeking employment during the month reported that the percentage of the total work force .

10.30 GMT : GBP - BOE Governor Carney speaks - Short -term interest rates to control the BOE 's Monetary Policy Committee (MPC) as the head , Carney any other person than the effect on the value of sterling 's influence . Traders for clues about future monetary checked his public engagements .

13.30 GMT : CAD - Current account - actions during the export and import of goods, services and price difference between interest payments . Equipment as a monthly trade balance data is the same . The foreigners must buy the domestic currency to pay for imports , because data can be a considerable impact on CAD .

23.30 GMT : JPY - Tokyo Core CPI - excluding fresh food initiatives in Tokyo, goods and services purchased by consumers value changes .

23.50 GMT : JPY - Industrial Production - Measures manufacturers , mines , and utilities produced by the total inflation -adjusted value of output changes

Market Review By TraderXP: 

U.S. stocks fell this week, giving 500 Index Standard & Poor for the largest drop in almost two months, as investors watched the budget negotiations in Washington.
"Discussions on the budget agreement took care of all," said Richard Sichel, chief investment officer at Philadelphia Trust Co. "We have to get that from the home page. It just brings negative to the market."

Market Review By TraderXP: 

Oil rose in New York, heading for the highest close in three months, after the U.S. Congress adopted the Senate approved the deal, which will avoid tax increases and spending cuts that threatened the growth in the world's largest economy.

August 5, 2013 - Daily News Market

Non-farm payrolls on Friday were much lower than expected (162K instead of 184K). It was the lowest since four months. This has caused more confusion about when the Fed will start to type the monetary stimulus. The U.S. dollar index fell and remained low after earlier signs that China could stabilize.

Asian stocks fell, while Japanese exports fell. Chinese shares rose after dairies increased.

Market of today's events:

0930 GMT: GBP - PMI services - measures the activity level of purchasing managers in the services sector. A reading above 50 indicates expansion in the sector and a reading below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company's performance, which can be a leading indicator of overall economic performance.

10:00 GMT: EUR - Retail Sales m / m - measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.

15:00 GMT: USD - ISM Non-Manufacturing Index - Prices of relative level of economic conditions including employment, production, new orders, prices, supplier deliveries and inventories. Data are compiled from a survey of about 400 purchasing managers in the non-manufacturing sector. On the index, a level above 50 indicates expansion, below indicates contraction.

4:45 p.m. GMT: USD - FOMC Member Fisher Speaks - Federal Reserve Bank of Dallas President and Federal Committee of the Open Market Committee (FOMC) voting member (2008 and 2011) Richard Fisher is speaking. FOMC members are responsible for setting the benchmark interest rate and their speeches are closely watched for indications on the possible future direction of monetary policy

November 29, 2013 - Daily Market News

Activities Hot Today : EUR, CAD

The U.S. market was closed yesterday for the Thanksgiving holiday then volatility was lower. As a result, the U.S. markets remained unchanged. Asian stocks were mixed. The Nikkei closed down after reaching its highest level since 2007 due to the Governor of the Bank of Japan's monetary easing maintenance , but the Hang Seng rose 0.24% . European stocks opened mixed .

WTI is still heading lower due to rising exports and increased supply. This comes after another report on Wednesday showed crude oil inventories to gain . The United States is pumping oil at a much faster pace . The price of gold has gained slightly due to the physical demand from China. However, the price is still very low due to expectations of taper that have pressured the metal down by 25% throughout the year. It will open the U.S. market for some time now , but no events to economic volatility in the United States is likely to remain low.

Main events of today:

10:00 GMT : EUR - core CPI (YoY ) - measures the change in prices of goods and services purchased by consumers, excluding food, energy, alcohol and tobacco. The data has a relatively mild impact because overall CPI inflation target mandate of the European Central Bank.

10:00 GMT : EUR - CPI (YoY ) - measures the change in the price of goods and services from the point of view of the consumer . It is a key way to measure changes in purchasing trends and inflation.

10:00 GMT : EUR - Unemployment rate - measures the percentage of the total labor force that is unemployed and actively seeking employment during the previous month . The data tends to have a muted impact as there are several indicators above relating to the working conditions in the euro area .

13:30 GMT: CAD - GDP - measures the annual change in inflation-adjusted value of all goods and services produced by the economy. And ' the broadest measure of economic activity and the primary gauge of the economy's health . Canada releases GDP data fresh on a monthly basis .

June 9, 2014 - Market News Daily

Asset hot today: AUD

The U.S. economy added 217,000 jobs during the month of May if the unemployment rate decreased to 6.3%. While NFP figure was slightly lower than expected it was still an ongoing improvement in economic optimism boosting stocks. Federal Reserve Governor, Powell, also quoted in London at a conference and said the bank will not raise interest rates until the middle of next year. The S & P 500 and Dow Jones both closed at record levels contribute 0.46% and 0.52% respectively. Asian stocks continued positive attitude. The Hang Seng 0.73% with exports after better than expected Chinese Trade Balance and increasing. The Nikkei added 0.31% after GDP better than expected and as the dollar remained higher against the Yen. European stocks started the day higher. Some markets are closed for Whit Monday, but the indices are open as usual. Currently, the FTSE 100 is up 0.25% while Germany's DAX is up 0.10% and the French CAC 40 is up 0.04%.

WTI Crude climbed after the NFP report released on Friday. The figure showed sustainable growth in the U.S. is a greater demand for the commodity. Encouraging trade data from China also added support. The attention of OPEC meeting Wednesday in Vienna. Gold prices fell slightly after the U.S. data and increase in equity. However, it has now regained ground remains low in the Dollar against the Euro following news of extra stimulus in the euro area. The data will be important to watch this week Retail Sales to be released on Thursday.

Key events today:

16:00 GMT: AUD - RBA Governor Stevens Speaks - Due to a speech titled "Financial Regulation: Some Observations" delivered at the Federal Reserve Bank Symposium on Asian Banking and Finance in San Francisco

23:50 GMT: JPY - Tertiary Industry Activity Index - measures the change in the total value of services purchased by businesses. Is a leading indicator of economic health.