June 23, 2014 - Market News Daily

Today's Hot Tools: USD, oil

U.S. stocks finished at record levels last week, the Federal Reserve increasingly dovish position. The S & P 500 closed 0.17% higher, reaching a record 22 times this year, the Dow Jones closed 1,962.87 0.15% higher. Asian stocks mixed after China issued a better-than-expected HSBC Manufacturing PMI reached a 7month high. Initially, the Hang Seng gained, but following the decline in property prices and the political tension in the BUX 1.68%, the biggest loss in 3 months. However, the Nikkei gained 0.13%. European shares weakened in the manufacturing of lower-than-expected PMI data after and investors to monitor the developments in Iraq. Currently, the CAC 40 down 0.38%, while Germany's DAX is down 0.32% and the FTSE 100 less than 0.22%.

WTI Crude hit a nine-month high due to the unrest in Iraq. Gunmen seized several cities and also lingering concern that the disruption of the oil supply would be. The HSBC Manufacturing PMI positive data from China to support the increased demand may indicate the second largest consumer. Gold prices are climbing because of the violence in Iraq. U.S. President Obama said Thursday that he would send forces to increase the uncertainty. Gold also benefited Yellens noted that interest rates will remain low until the middle of next year.

Today's main events:

14:00 GMT: USD - Existing Home Sales - measures the annualized number of existing residential buildings which are sold in the preceding sentences