Market Review By TraderXP

The yen and the dollar rose against the euro as investors turned their attention from American politicians can agree raising the limit national debt.
U.S. debt ceiling "is going to potentially start to get a little more attention to market sentiment in the coming weeks," said Jonathan Cavenagh, a currency strategist in Singapore at Westpac Banking Corp (WBC) "This is likely to be more positive U.S. Dollar History" "yen could also benefit," he said.

 

Market Review By TraderXP

Gold futures fell for the third consecutive session on signs that the Federal Reserve policy of manufacturers could end monthly purchases of U.S. debt this year.
Drop today followed the longest weekly drops since May 2004. January 3 minutes from the Federal Reserve showed $ 85 billion in monthly purchases of bonds, the third round of so-called quantitative easing is likely to be completed sometime in 2013. Gold gained 5.1 percent in September, the central bank announced stimulus measures.
"The market is dull, because people want some clarity from the Fed," Adam Klopfenstein, senior market strategist at Archer Financial Services Inc. in Chicago, said in a telephone interview.

 

 

 

 

August 6, 2013 - Market News Daily

John FOMC members said yesterday that the bank is close to slowing down of quantitative easing and men should watch their trust to keep the market moving. Stronger growth also saw yesterday in the United States to serve the configuration U.S. (ISM index of non-manufacturing rose to 56 estimated beating) was. Economic U.S. view of their momentum. Therefore gold fell for a second day. U.S. and Asian shares also fell.

WTI warehouse first choppy trading this week. Political volatility can cause a surge in the water. The terminal's largest beer for water supply and close in For Interrupted may cause the water to rise in the short term.

Entering the UK increased after services PMI Beat Expectations and Economic English looks to be in constant development. Europe is more than an order of German factories and resources at 1.0%. Dollar prices rebounded yesterday after positive data, the U.S. trade balance in disclosure today and can provide great trade options.

Now the main event:

09,30 GMT: GBP - Industrial Production m / m, y / y - measuring changes in the cost rate Inflation-adjusted rate of total output of manufacturers, mines, and use The

09,30 GMT: GBP - Manufacturing Production m / m, y / y - measuring changes in the cost of inflation , adjustment of the total output of British produced. Manufacturing Representing approximately 80% of total industrial production. The increase in manufacturing production signify economic growth increases

11.00 GMT: EUR - Factory orders German m / m - measuring changes in total value of new orders placed with manufacturers for eternity and strengthen things. was Write a major production.

13,30 GMT: USD - Trade Balance - measuring the difference between the value of imports and exports and services and reporting period. Positive number indicates that the goods and services for export.

15.00 GMT: GBP - estimates of GDP NIESR - measuring changes in the estimated value of all goods and services in the economy over the past three months. NIESR GDP estimate for the basic monthly data in an effort to estimate the information of government, is released quarterly.

 

 

 

 

 

 

 

December 2, 2013 - Daily Market News

Today Hot Asset : Oil , EUR , USD

U.S. stocks closed slightly lower on Friday and it was a quiet day with no economic data . The S & P 500 closed 0.08% lower and the Dow Jones closed 12:07 % lower. Both Chinese and Chinese Manufacturing PMI HSBC Manufacturing PMI was higher than expected, showing expansion in the manufacturing sector . Asian Stocks finished mixed , Hang Seng closed 0.89 % higher ( highest since 2011 ) while the Nikkei closed with little change (0.04 % lower) near six -month high . Attitude is boosted by speculation that the Bank of Japan will change monetary stimulus plan.

WTI fell last week after inventory data showed supply to rise again . In the Asian session , it received following the PMI data . This showed growth in the second largest oil consumer would increase demand for commodities. Investors should watch out for the PMI data later in the day where it could give some information on demand. Gold is the lower level ahead of U.S. data this week including GDP on Thursday and Nonfarm Payroll number on Friday. Investors are still looking for clues about the gradual starts and these numbers will provide key information.

Major Events of the Day:

08.50 : EUR - German Manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector

9:00 GMT : EUR - Manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector .

09:30 GMT : GBP - Manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector

13:30 GMT : USD - Fed Chairman Bernanke Speaks - Federal Reserve Chairman Ben Bernanke ( February 2006 - January 2014 ) is speaking. As head of the Fed , which controls short-term , he has a greater impact on the value of the U.S. dollar than any other person. Traders watch his speeches closely as they are often used to drop hints about future monetary policy.

15:00 GMT : USD - ISM Manufacturing Index - level diffusion barrier index based on surveyed purchasing managers in the manufacturing industry

 

 

 

 

March 3, 2014 - Daily News

 

Today's Hot Assets : USD, Gold, Oil

 

U.S. GDP negative out on Friday and showed the economy only grew by 2.4 % in the previous quarter . Investors shrugged off the release and instead chose to focus on the Chicago PMI and Michigan Consumer Sentiment report is better than expected. As a result of U.S. stocks rise; S & P 500 once again above 1850 and closed 0.28% higher. The Dow Jones closed 0.3 % higher . The political situation in Ukraine rose over the weekend. Russian forces have reported that they have taken full control of the Crimean peninsula . This has raised concerns how stable region and traders are turning to safer assets . Asian stocks fell due to progress in the market . The Nikkei lost and from 1.27% to as little as a week and a half people are turning to safe haven yen causing it to climb against the U.S. dollar . Hang Seng lost 1.47% due to losses in the financial sector and concerns about the health of the Chinese economy remain . China's yuan has lost 1.3 % over the past two weeks and have questioned whether other asset markets can also change the course . European markets have opened sharply lower tensions between Ukraine and Russia is widely weighed risk sentiment .

 

WTI crude is soaring higher rising tensions in Ukraine fueling fears that energy supplies could be disrupted . Positive Chicago PMI and consumer sentiment data from the United States on Friday also supports raw because they supported the energy demand outlook . Price is trading around 5month high around $ 104.5 / barrel. Gold is also soaring higher because many investors turned to safe haven metal as unrest in Ukraine . Concerns about China's economy has increased the demand for gold. Prices touched $ 1.350 / oz but has reversed slightly .

 

Key Events Today:

 

09:30 GMT : GBP - 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 .

 

14:00 GMT : EUR - ECB President Draghi Speaks - Due to testify before the Committee on Economic and Monetary Affairs of the European Parliament , in Brussels

 

15:00 GMT : USD - ISM Manufacturing PMI - The PMI Manufacturing ISM Report on Business is based on data compiled from monthly replies to questions asked of purchase and supply executives in over 400 industrial companies .

 

Market Review By TraderXP

The yen fell against the dollar and the euro ahead of the data this week that may show Japan has a current account deficit in November, support the case for increasing the stimulus at the next meeting of the central bank. The euro is due to the loss of the previous day about the prospects of the European Central Bank officials are meeting tomorrow, will refrain from lowering borrowing costs. The Australian dollar slipped against most peers after data showed that retail sales unexpectedly fell and vacancies.
"The weakness of the yen trend has not changed," said Yoshiko Takayasu, Tokyo-based head of corporate sales of National Australia Bank Ltd. "There's a good chance yen will be discussed below, the Japanese government is expected to announce economic measures and the Bank of Japan held a meeting."

 

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