May 14, 2014 - Daily Forex News

Today hot Assets : GBP , USD, WTI

Yesterday we saw sharp decline in Euro pairs caused by disappointing data of German / EU ZEW economic sentiment . The Euro was very strong believes that the European Central Bank will not act in the final despite several previous statements. However, the data comes from fears that the German economy slows down and needs some additional stimulus to stimulate it. Later we learned Backup Bundesbank ECB should provide encouragement. That should make more pressure on the single currency . At 8.30 am ( GMT ) will introduce you to the count change Claimant and unemployment. Both are expected to come out very strong data . The last time we saw the unemployment rate surprisingly fell to its lowest level since April 2009. Nowadays the expectation is to see the even lower rate and could pull up the British pound.

Commodity price remains quiet today. WTI Crude oil added nearly $ 2/barrel yesterday the report of American Oil Industry showed declining stocks . Today the main movement that we see in Platinum which is operated in bullish sentiment . U.S. indexes ended slightly lower yesterday , however, we must not forget that DJI and SP500 came to record the previous day.

Main events of today:

0830 GMT: GBP - Claimant Count Change - measures the change in the number of unemployed in the UK during the reference month

0830 GMT: GBP- Unemployment rate - measures the percentage of the total labor force that is unemployed and actively seeking employment during the previous month .

12.30 GMT: USD- PPI - measures the change in the price of goods sold by manufacturers.

23:50 GMT : JPY - GDP - measures the annualized change in the inflation- adjusted value of all goods and services produced by the economy