April 30, 2014 - Daily Market News
Today's Hot assets: EUR , GBP , USD , oil
Technology stocks again yesterday, dragging U.S. stocks higher. Risk appetite returned and investors focused on the FOMC statement will be released today 06:00 GMT . Recent U.S. data has been mostly strong and has shown continuous improvement in the economy , and tāFed is expected to continue the current pace of tapering and reducing quantitative easing Arwel $ 10 billion . At the end of the session , the S & P 500 was 0.48% higher unDow Jones was 0.53% higher. Asian markets were mixed . Hang Seng lost 1.43 % , after earlier rally following disappointing corporate earnings . Nikkei , however, gained 0.11% , after kadJapānas Bank about any change in the monetary policy izraisajena decline slightly , and stocks to get . European stocks began the day mixed before CPI data will be released at 09:00 GMT . The lower than expected number could push Draghi , monetary easing to increase and thereby weaken the euro .
WTI Crude dropped the after strict inventory released data showing an increase in inventories increases spekulācijasIVN will report similar results today . The EIA reported that inventories last week rose to the highest level on record , and clearly this is bearish for the price. Gold falls before Fed statement and U.S. data later in the day . Tapered has pushed gold lower than parastimetāla moves inversely to the dollar , which strengthens as quantitative easing is reduced. U.S. data will be the focus for commodity traders throughout the day, including ADP Nonfarm Employment change 12:15 GMT and 12:30 GMT on GDP .
Today's key events :
09:00 GMT : EUR - CPI - measures changes in the prices of goods and services from a consumer perspective
12:15 GMT : USD - ADP Nonfarm Employment Change - measure monthly changes in non- farm , private sector , based on salary , approximately 400,000 U.S. business clients
12:30 GMT : C - GDP - measures of annual changes in inflation -adjusted value of all goods and services produced by the economy
12:30 GMT : U.S. - GDP - measures the annual change in inflation -adjusted value of all goods and services produced by the economy.
18:00 GMT : USD - FOMC statement -chief instrumentspaneļa uses to communicate with investors about monetary policy.
18:00 GMT : USD - Interest Rate Decision - The Federal Open Market Committee ( FOMC ) members vote on where to set the rate . Traders watch interest rate changes , as short-term interest rate is a major factor in currency valuation .
