July 11, 2014 - Daily News 

Today's Highlights Assets: CAD 

One of the main banks in Portugal, Espirito Santo International, decided to postpone debt payments. This decision makes the stock market continued to fall, and push bond yields up to the sky. This caused uncertainty comeback on the European economy. After this, U.S. stocks fell, although it dropped to a seven year low positive initial jobless claims data. In the closing session, the S & P 500 Index 0.41 percent lower, while the Dow Jones index lower 0.42%. Asian stock markets also declined throughout the region. Nikkei index fell 0.34 percent, the yen remained strong against the U.S. dollar traded near 101.3 yen. The Hang Seng lost 0.02 percent, as investors tend to follow the American mood. European stock markets and the regional banks released rebound. Currently, the French CAC40 rose 0.46 percent, while the FTSE 100 index rose 0.28 percent, Germany's DAX index rose 0.26 percent. 

WTI crude oil price increased from the lowest since May. Speculation that the U.S. economy is growing, following positive data consistently pushed price increases led to a greater demand for oil. Upward movement can also be attributed to the actual demand, as investors take advantage of low prices. Gold trading near four-month high, due to concerns in the Middle East, the European Economic and geopolitical tensions. Today, prices were flat as traders play not from the recent U.S. monetary policy decisions arising from the expected data from China and a weaker dollar has recently deteriorated. 

Today's main activities: 

12.30 GMT: CAD - Employment Change - measures changes in employment. Job creation is an important indicator of consumer spending. 

18.00 GMT: USD - Federal budget balance - the value of the U.S. federal budget balance to measure the reporting month the federal government the difference between revenue and expenditure