July 4, 2014 - Daily News 

NFP report was released yesterday and showed that 288,000 jobs were created in June. Unemployment rate is also very positive and fell to 6.1%. As indicated by the positive sentiment and causing U.S. stocks climbed and reached record levels again. S & P 500 closed 0.55% higher at 1,985.44 and the Dow Jones closed 0.54% higher at 17,068.26 (first time ever on the move 17,000). Asian stocks rose across the region following the US sentiment. Positive data due to climbing Dollar against the Yen and consequently, the Nikkei added 0:58%. Hang Seng rose 0.06% also benefit from the U.S. data. European shares opened lower after three days of gains. At present, the CAC 40 fell 0.11% while London's FTSE 100 is off 0.09% and the German DAX was lower by 0.05%. As today is Independence Day, and the U.S. market will remain closed so that we can see light trading throughout the day. 

WTI crude continues to fall and it is currently trading around a monthly low. Reports that supply could increase from Libya has pushed prices down, as well as a stronger U.S. dollar. Commodities may continue to decline, geopolitical tensions reduced. Gold fell after positive U.S. data. However, investors still believe that interest rates will not be raised any quicker and therefore, the metal does not fall too drastically. The price was then led by the physical demands and a lower-than-expected data from Germany. Volatility should remain as low as U.S. markets closed.