Jul 16, 2014 - Daily Market News
Today's Hot assets: EUR, USD, CAD
Janet Yellen began two days of the Congress yesterday's testimony. It is suggested that the proposed assessment on Internet stocks that are stretched and also noted that the Fed would act before the interest rate. U.S. stocks were initially higher after positive earnings and data, but after Yellen Comments are closed niže.S & P 500 0.19% lower, however, the Dow Jones was 0.03% higher. Asian stocks were mixed in today's sjednice.Nikkei lost 0.1% in cautious trade ahead of Chinese data as insurers and consumer lenders opao.Hang Seng, however, added 0.27% after the economy grew in line with the government's target. European markets were higher today after jobs data from the United Kingdom goes beyond expectations. Currently, the CAC 40 was up 1.29%, while Germany's DAX was up 1.12% and London's FTSE 100 was up 0.87%.
VTI crude gained slightly after data API release inventory was lower than predviđenog.Američki Petroleum Institute reported 4.8 million barrel drop in U.S. oil-stocks for week ending 11 July better than expected Chinese data also adds support goods. . Acquisition of data from EIA is due today at 2.30pm GMT. Gold continues to decline after Yellen comments and now trading below the key level of $ 1,300 / ounce. Remarks that interest rates increase the earlier dollar pushed up as metal crafts vice versa, this pressure to lower prices. Yellen will testify again today and further movement can be seen.
Today's main events:
08:30 GMT: EUR - Prosecutor Count Change - measures the change in the number of unemployed in the UK during the reported month
12:30 GMT: EUR - PPI - measures changes in the price of goods sold by manufacturers
14:00 GMT: CAD - Interest Rate Decision - Bank of Canada (BOC) governing council members to reach consensus on where to set the rate
14:00 GMT: USD - Fed Chair Yellen Certificate - That testifies to the semi-annual monetary policy report before the House Financial Services, in Washington, DC
15:15 GMT: CAD - Boc Press Conference - quarterly, after the publication of the Report BOC monetary policy
