24/06/2014 - June Daily Review

June 24, 2014 - Daily News Market

 

Hot Asset today: USD

 

U.S. stocks ended with little change as investors took a break after 6 days of gains arising indexes to record levels. The S & P 500 closing 0.01% lower at 1962.61 and the Dow Jones closed 0.06% lower at 16937.26. Asian stocks gained across the region as markets continue to respond to the HSBC Manufacturing PMI. The Hang Seng added 0.33% as brightens the outlook for China and the Nikkei added 0.5% in cautious trade ahead of economic reforms Prime Minister Abe is. European markets are mixed today after worse than expected data from Germany. LFO Business Climate Index came out at 109.7, below the forecast of 110.2. Currently, the CAC 40 up 0.09% while the DAX gaining 0.02%. 100 FTSE off 0.18%.

 

Reduce WTI crude because of speculation that the supply is interrupted. Will the API list data released today at 8.30pm GMT. The expectation is to see that U.S. crude supplies shrank in the last week, so we can now see the price climb. Gold prices will continue to climb as investors weighed the tension in Iraq. The metal also benefited from comments by the Federal Reserve will keep interest rates low for the next year.

 

Today Main Events:

 

14:00 GMT: USD - CB Consumer Confidence - measure the level of consumer confidence in economic activity.

 

14:00 GMT USD - New Home Sales - measures the annual number of new single-family homes that sold during the previous month.

 

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