June 30, 2014 - Daily News 

Today's hot property: EUR, USD 

U.S. stocks closed higher on Friday but still posted a weekly loss. The benefits they get after a rally in technology shares and as investors digested the information to be suggesting that cotton rates will remain low for the foreseeable future. Is the time to close, the S & p. 500 is 0.19% higher and the Dow Jones was 0.03% higher. Asia markets started the week mixed. The Nikkei added 0.44% as the yen weakened following weaker than expected Housing starts data from Japan. The feat Seng, however, lost 0.13% ahead of the data tomorrow. Kannada PMI will be released at 1am GMT. European stocks began the week mixed after a range of data releases from the Eurozone. This will be a great week for the markets with the European Central Bank interest Rate and two numbers from the U.S. NFP release on Thursday. At present, the DAX is up 0.38% while FTSE 100 gains 0.10%. Makoko 40 was off 0.02%. 

Crude masculine is declining as the problem of Iraq is fading. Oil has also been lower after the API and EIA week release data that show an increase in inventories. Traders should watch U.S. data this week, same as any developments in Iraq. Gold is continuing to trade choppy. Investors are still uncertain on Iraq and therefore, is holding on to the safe Haven property in anticipation of any escalation. The key event for the gold this week will be the NFP and we can get nailed by notice beforehand. 

Main playlist: 

09.00 GMT: EUR - CPI - step changes in the price of goods and services from the perspective of the consumer. 

12.30 GMT: CAD - GDP - a process annualized changes in the extra-adjusted value of all goods and services in the economy. 

14.00 GMT USD - pending home sales - step changes in the number of schools under the product to be sold but still awaiting the closing transaction, excluding new construction.