May 28, 2014 - Daily Market News

 

Yesterday we saw another impressive increase in the U.S. stock market. S & P500 moved its record level reached the value 1,914.50 . The main driving force came from the technology sector. We saw , for example, Apple Inc. has increased by 1.87% , or Facebook with large 3.47% . On the other hand, the sector of oil and gas has not worked well . Petroleo Brasileiro SA fell by almost 2%. Asian stocks opened in positive sentiment despite Chinese industrial profits showed a decline in mining. In Tokyo, the Nikkei 225 index ended 0.24% up . Today we can see some price correction after such a sharp rise so we should be wary of buying positions and trade shorter term .

 

Euro has been under pressure for the last 3 weeks as investors weigh the risk of possible European Central Bank rate cut. We can see that the EUR / USD has bounced twice on the 1.3610 level , but when we see the pair below 1.3600 level which can cause huge sell out and send the pair even lower. The EUR / JPY fell from 139.35 to 138.65 and introduces support on 138.50 .

 

Today's main events:

 

7:55 GMT : EUR - German unemployment - Change in number of unemployed in the previous month

 

10:00 GMT : GBP - CBI Realized Sales - Level of a diffusion index based on surveyed retailers and wholesalers

 

23:50 GMT : JPY - Retail - Change in the total value of sales at the retail level

 

February 21 , 2014 - Daily Market News

 

Today's Hot property : USD , GBP, Gold

 

Yesterday, the U.S. stock market ended positive numbers . The mood in the market for U.S. manufacturing index for February , the highest since May 2010 , showed that 56.7 percent spurred by Markit data . European shares opened bullish sentiment and the FTSE +0.24 % is already included .

 

German manufacturing PMI released, the EUR / USD pair fell down yesterday morning . The index came in below expectations 1.3680 from 1.3760 where the pair is forced to change its support . While the U.S. Federal Reserve manufacturing index set too low , then re- checking support . The finish is long and bearish sentiment ahead of the U.S. session does not last as long on the pair back to 1.3720 . Waiting at the G20 meeting starting today in the market during the Asian session, we did not see any significant movement . Central Bank President Janet Yallen some volatility can lead to a collapse of the monetary stimulus that is going to face a lot of pressure from emerging markets . U.S. housing data we have today at 3.00pm (GMT) will focus on a 6.00 (GMT) after the FOMC Member Bullard and Fisher makes a speech which caused some trading opportunities . They 'd have to pull it down to a couple is said to be more sharply . Movement is sideways .

 

Today's key events :

 

09.30 GMT : GBP-core retail sales - the total value of sales at the retail level in Canada , excluding motor vehicles change . It is an important indicator of consumer spending, and the Canadian economy is considered a speed indicator .

 

13.30 GMT : CAD , Core CPI - excluding food and energy measures changes in prices of goods and services . The CPI measures price change from the perspective of the consumer

 

15.00 GMT : U.S. Dollar - Existing Home Sales - operations that were sold in the previous month, the annual number of residential buildings changed .

 

Market Review By TraderXP

German shares rose with the benchmark index DAX (DAX) completion of its sixth consecutive month in advance, amid optimism that American politicians agree on a new federal budget.

 

July 19, 2013 - Binary Options Daily News

 

Microsoft and Google lost after 2nd quarter reports as they showed less - than - expected profit per Share. But konakkord suggests to buy Google stock with expected value 940 USD. Meanwhile, Asian stock decrease and European stock also began the day in red numbers.

 

In a forex market the U.S.. There. Dollar weakened as Fed chairman Bernard bernanke has more dovoysh speech before Senate Committee even though the jobless Claims Data came out better - than - expected. Today traders should watch Canadian core CPI results which will be released at 12:30 (GMT).

 

On the dovoysh witnesses where he did not explain when and if the Fed will taper off the quantitative easing program price of gold ribaundid ago and is traded around $ 1287 / ounce. Price of Crude Oil is on its highs since April 2012.

 

Today's main events:

 

8:30 GMT GBP Public Sector Net Borrowing - difference in value between spending and income for public corporations, the central government and local governments during the previous month.

 

12:30 GMT GMT CAD Core CPI - Change in the price of goods and services purchased by consumers, excluding food and energy.

 

 

 

 

November 20, 2013 - Daily News Market

Hot active today : GBP , USD, gold

The OECD has cut its global growth forecast yesterday because of the outstanding trust and market stability . This sentiment and stocks fell down. At the end of the U.S. session the S & P 500 fell 0.2% and the Dow Jones was down 0.07%. Today , markets are generally quiet as investors await the results of the minutes of the FOMC meeting to be released 19 hours (GMT) . This along with other key data such as retail sales in the United States could provide more insight into where the narrowing of quantitative easing can begin. Asian stock markets were generally lower than Japan reported a high trade deficit , which was much worse than expected and the Nikkei closed 0.33% lower . The Hang Seng, however, remained in positive numbers as positive sentiment remains after China promised to introduce economic reforms . European stocks opened mixed to lower .

Bernanke told the National Press Club economists and as expected has taken a favorable position to the status quo on monetary policy . WTI rose as the dollar weakened . Nuclear talks resume today with Iran (formerly the second largest oil producer ) . The production of oil from Iran has dropped 16 % since sanctions were imposed on its program. Gold was steady throughout the hours of trading yesterday . It is now slightly lower edges in the cautious trade before the publication of the data. It has already been established in the market that the Fed will not start typing the monetary stimulus that has been proven soon after Bernanke's speech did not cause movement. Physical demand remains weak traders should wait for the minutes of the FOMC meeting before placing positions.

Main events of the day :

0930 GMT : GBP - MPC Meeting Minutes - a detailed account of the Bank of the meeting as part of the policy of England , containing a deep insight into the economic conditions that influenced the decision on where to set rates interest . The distribution of votes in interest rates of MPC members tend to be the most important part of the minutes.

13:30 GMT : USD - Core CPI (MoM) / (YoY ) - measures changes in the prices of goods and services , excluding food and energy . The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation .

13:30 GMT : USD - Core Retail Sales (MoM) - measures the change in the total value of retail sales in the United States , with the exception of automobiles. It is an important indicator of consumer spending and is also considered an indicator of pace for the U.S. economy.

13:30 GMT : USD - Retail Sales ( MoM) - 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 - Existing home sales - measures changes in the annualized number of existing residential buildings that were sold during the previous month. This report measures the strength of the U.S. real estate market and is a key indicator of global economic power.

19.00 GMT : USD - Minutes of the FOMC meeting - a detailed account of the meeting setting policy committee held two weeks earlier. The minutes provide a detailed report on the position of the FOMC monetary policy, so that traders scrutinize clues regarding the outcome of decisions on future interest rate view .

 

 

 

 

Market Review By TraderXP

The euro traded 0.1 percent from six-week high against the dollar before EU finance ministers meet in Brussels today amid optimism the region can find a solution to the debt crisis.

 

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