10 April 2014 - Daily Market News
Today's Hot Assets : GBP, USD
Fed Minutes of the meeting were released yesterday, showing a more dovish stance of the Federal Reserve System . The majority of participants were in favor of the accommodative policy and lowered their projection of GDP. They also believe that inflation - still below the 2% target , and so rates will stay low for longer. Traders welcomed the news that the first rate hike will not occur until the second half of 2015 as soon as possible and that when rates rise , it will be done in a slow and measured way . S & P 500 rose 1.09 % and the Dow Jones up 1.11% . Asian stocks also rose . Hang Seng gained 1.51 % after China announced that they plan to tie the stock exchanges in Shanghai and . The Nikkei closed at 14,300.12 , even as the dollar has made some progress with respect to the yen reached ¥ 102.07 ¥ 101.93 against about 24 hours ago. European markers are mixed after the supreme principle . Currently, the FTSE 100 index is up 0,21%, DAX 0.08 % gets , but the CAC 40 is 0.25 % lower.
Tension in Ukraine sends WTI Crude above. Russia threatened civil war , as Ukraine has started to use force against demonstrators. U.S. insists that Russian agents provoke problems and concerns surfaced that the party of Russian oil may be affected. Geopolitical concerns offset bearish report from the EIA, which showed inventories rose . Gold climbed higher after the FOMC Meeting Minutes showed that there is no rush to raise interest rates in the United States . Traders should look for unemployment benefits in the United States comes in 12:30 (GMT).
Today's main event:
8:00 GMT : EUR - ECB Monthly Report - European Central Bank ( ECB) monthly report contains statistical data that policy evaluation, if the establishment of interest rates
11:00 GMT : GBP - Interest Rate Decision - Bank of England (BOE) members of the Monetary Policy Committee to vote on where to set the speed .
12:30 GMT: USD - unemployment measures the number of individuals filing for unemployment benefits for the first time during the last week
18:00 GMT : USD - Balance the federal budget - measures the difference in value between the federal government revenues and expenses during the reporting month
