26 February 2014 - Daily market news

 

Today's hot properties : USD , Oil

 

Stocks fluctuated after mixed U.S.. . Data and after companies reported higher than expected earnings. Macy's and Home Depot rose more than 2.4 percent and Tesla Motors Inc. gained 18% as Morgan Stanley more than doubled its projected price for the stock. At the end of the session , after traders digested the information , stocks declined as the downbeat Consumer data suggested a slowdown in recovery and concerns over conditions . The Dow Jones lost 0.17 % and the S & P 500 lost 0.13 %. Asian stocks were mixed after a choppy session . The Nikkei declined 0.54 % as expected after the yen gained 0.3% against the dollar. The Hang Seng gained 0.54 % after the rise of Chinese new energy stocks. European markets were also lower despite the release of strong German consumer climate data . Weak earnings reports coupled with worries over the economic outlook for China are bringing negative sentiment in stocks. Now, the CAC 40 has lost 0.45 % and the DAX has lost 0.18 %. London's FTSE 100 has also lost 0.35 % after Britain reported a lower than expected yearly GDP.

 

WTI Crude declined and reached its lowest price in a week after the weak U.S. economy. . Data . A recent series of disappointing U.S.. . Data has sparked speculation that economic recovery has lost momentum . Forecasts for warmer weather across eastern U.S.. . In early March also pushed prices lower. The price is now climbing ahead of inventory data from the EIA at 03:30 (GMT). Gold is continuing to climb and is now trading at a four month high. The political unrest in Ukraine is also giving gold support especially from Europe. Investors should focus on economic data being released later in the day including U.S.. . New Home Sales at 03:00 (GMT) and a speech of people Member Rosengren at 17:00 (GMT).

 

Today's main Events :

 

15.00 GMT: USD - New Home Sales - measures the annualized number of new single - family homes that were sold during the previous month. This report tends to have more impact when it 's released ahead of existing Home Sales because the reports are tightly correlated .

 

17.00 GMT: USD - people Member Rosengren Speaks - Federal Reserve Bank of Boston President and people voting member, Eric S. Rosengren to speak. Nation members are responsible for setting the benchmark interest rate and their speeches are closely watched for indications on the future possible direction of monetary policy

 

21.45 GMT: NZD - a scale - measures the difference in value between imported and exported goods and services over the reported period

 

Market Review By TraderXP

Apple Inc (AAPL) 's patents for pinch-to-zoom, bounce back and multitouch features of its iPhone are not invalid, at least for now.
"Apple patents were invalid by the court, and, of course, not the appellate court, so they are still enforceable," said Robert resistance Banner and Witcoff in Chicago, who is not involved in the case. "Just because it takes place in the patent office does not make them impractical."

 

July 30, 2013 - Daily Market News

 

The Japanese Yen weakened after industrial production was worse than expected, comes out at -3.3%. As a result, Asian equities have been pushed higher. The Australian dollar also fell after Governor Stevens said that interest rates can still go lower.

 

The upcoming FOMC policy meeting is causing movement of markets, the U.S. dollar is trading higher and gold futures are lower.

 

Oil futures are trading lower spurred by the political situation in Egypt. Friday's Nonfarm payroll costs should be closely monitored for binary options trading, as it could send the oil even lower if negative.

 

Today's main events:

 

07:00 GMT: EUR - GfK German Consumer Climate - measures the level of consumer confidence in economic activity. The data collected from a survey of about 2,000 consumers which asks respondents to judge the relative past and future economic conditions.

 

13:00 GMT: EUR - German CPI m / m and y / y - measures changes in the price of goods and services purchased by consumers.

 

15:00 GMT: USD - CB Consumer Confidence - measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings indicate higher consumer optimism.

 

June 4 , 2014 - Daily Market News

 

Today Hot including : USD

 

U.S. stocks finished little change as investors feel the sidelines before the important data release, including the Nonfarm Payrolls report on ADP nonfarm job change . The S & P 500 lost 0.04 % remaining in the high of 19,722.34 and Demo Jones lost 0.13 % . Asian stocks were mixed and not before . Listen Seng lost 0.6 % lead taken in the casino stocks . The Nikkei , however, added 0.22 % as the dollar continued to gain against the yen , reaching the high of 102.8 . European stocks opened down . Eurozone inflation slowed more than expected when the other months of May . Draghi said that it will prevent deflation assessment now higher than at any time in the hotel to make a deposit rates . Today the European GDP out as expected , and services PMI data is much in the wrong . Now , the FTSE 100 was down 0.33 % while the German DAX is off 0.18 % and the French CAC 40 was down by 0.10 % .

 

WTI Crude took victory two weeks before Inventory data coming from the EIA later today . There are signs of increasing tension in Libya of the additional support to the bill . The acquisition is now trading around $ 103.2/barrel . Gold is trading in the shelf . Dollars to 2 months up against 10 other money by NFP report on Friday and the gold-colored metal tends to occur in the opposite direction .

 

Today Main Events :

 

12.15 GMT : USD - ADP Nonfarm Employment Change - The ADP National Employment Report is the monthly change in non- farm , physical work , based on the payroll data of the total 400,000 U.S. business market . Release , two days before the government data , is a good predictor of the government and the non- farm payroll report

 

12.30 GMT : USD - trade balance measures the difference in value between what is in the products and services reported that when

 

14.00 GMT : CAD - Interest rate decision - Bank of Canada ( BOC ) and the governing council members came to the consensus at the set rate . The market when the interest rate changes closely as short interest rate for the most money valuation .

 

14.00 GMT : USD - ISM Non- manufacturing PMI - The Institute of Management Supply ( ISM ) Non- manufacturing PMI report in Business , a composite index is calculated as the total economic situation the non- manufacturing sector .

 

November 26, 2013 - Daily Market News

Today's Hot Asset : GBP, USD

A nuclear deal done with Iran this weekend in Geneva. The agreement gives Iran the opportunity to revive its oil exports in exchange for stopping the nuclear activities. Penalties will also be facilitated on car parts and gold. U.S. stocks ended mixed as investors continue to react to the news and data came out lower than expected. S & P 500 closed 0.13 % lower and the Dow Jones closed 0.05 % higher. Asian stocks fell as the focus comes back to tapering and that the meeting minutes of the Bank of Japan showed concern over inflation. Nikkei closed 0.67% lower and the Hang Seng closed 0.01 % lower. European stocks opened mixed before U.S. data later in the day

WTI fell sharply after the nuclear deal because it could lead to increased supply of Iranian crude reaches the global market. During the Asian session, the price rebounded since there seemed to be an overreaction and as investors await data on crude stocks later in the day . Gold climbed yesterday after U.S. data came out below expectations ( husförsäljnings decreased by 0.6%) . Investors focus on all economic data that was released for clues as to when monetary policy can be reduced. Physical demand also picked up , especially from China, because the price was so low and reached oversold levels .

Today's Main Events :

10:00 GMT : GBP - BoE Gov Carney Speaks - As head of the BOE 's Monetary Policy Committee (MPC ) , which controls short term interest rates , Carney has more influence over sterling value than any other person. Traders scrutinize his public office for clues regarding future monetary policy .

13:30 GMT : USD - Build - measures the change in the number of new building permits issued by the government. Building permits are a key indicator of demand in the housing market .

13:30 GMT : USD - Housing Starts - measures the change in the annual number of new homes that began construction during the reporting month . It is a leading indicator of strength in the housing sector .

15:00 GMT : USD - CB Consumer Confidence - measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays an important role in overall economic activity. Higher readings point to higher consumer optimism .

 

Market Review By TraderXP

Oil fell for the first time in six days on concern that U.S. lawmakers will fail toavert financial crisis after the House Republican leaders canceled a vote for higher taxes for top earners.
"Oil has been bulled all week on hopes that the U.S. intends to solve the problem and now it seems that there is no quick fix," said Addison Armstrong, director of market research at Tradition Energy in Stamford, Connecticut. "We have little time, and that is on the market spooked."

 

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