August 1, 2014 - Market News Daily.
This attractive asset: gold.
U.S. stocks finished sharply lower following mixed data and start in Argentina. Unemployment first rose less than expected and the Chicago PMI fell at the highest rate since 2008. Trading volume is higher than normal and the S & P 500 was down 2% at 1930.67, the Dow dropped the most experiences. 6 months and closed 1.88% lower at 16,563.3 lost more than 300 points as all components are in red. Index lost all its gains for the year. Asian markets also fell across the region following the conviction States. Despite producing positive Chinese PMI, Hang Seng lost 0.81%, its first loss in 8 and Nikkei lost 0.63% Europe will decline as investors hesitated ahead of the NFP that. 12:30 GMT the stock in Germany's DAX was down 0.41% FTSE 100 index down 0.25%, while the CAC 40 in France has changed.
WTI Crude broke through support and dropped as low as $ 97.60/barrel prices have not been this low since March and will be driven by the accident at the Coffeyville refinery, which reduces the need for strong U.S. dollar also pushed. prices down and to the trader should view workforce data was released by the U.S. at 12:30 GMT, gold was on track for its third weekly decline, while the U.S. economy may be stronger precious metals. will continue to move lower today ahead of the NFP does not know any flare-up of political tensions that could alter the trajectory of the yellow metal.
Today the main event:
8.00 GMT: EUR - German manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector.
08.30 GMT: GBP - Manufacturing PMI - measuring the activity level of purchasing managers in the manufacturing sector.
12.30 GMT: USD - nonfarm employment - measures the change in the number of employed people during the previous month, excluding the farming industry.
14.00 GMT: USD - ISM Manufacturing PMI - based on data compiled from monthly replies to questions asked of purchasing and supply executives in over 400 industrial companies.
