August 6, 2014 - Market News Daily 

Today's Hot Assets: USD, Oil, Gold 

US stocks fell with the Dow Jones trading negative for this year. The decline came as concerns over rising tensions in Ukraine rose following the comments of the Polish Foreign Minister stated that Russian military forces have gathered at the Ukrainian border. At the closing session of the S & P 500 is 0.97% lower and the Dow Jones was 0.84% lower. Asian markets declined in all regions. Nikkei lost 1.05% as the dollar declined against the yen. The Hang Seng lost 0.26% after sentiment and losses in financial companies and US energy. European markets lower for the fifth time today as traders closely watch the Ukraine. Currently, the DAX fell 1.63%, while France's CAC 40 is off 1.18% and London's FTSE 100 lower at 1.13%. 

WTI Crude fell to 6 months because of speculation that the refinery will reduce production. However, after the inventory released from the API and show the 5.5 million barrel drop in the price rebounding upwards. The EIA will release a separate report today at 02:30 GMT. U.S. gold fell after the data is positive. ISM Non-Manufacturing PMI and Factory Orders came out better than expected better economic prospects improve. However, after the rising tensions in Ukraine, where Russian troops are ready for a possible invasion, the price began to rise. Traders should keep up to date with the US data and the geopolitical developments since this will determine the direction of the market. 

Today's main event: 

08:30 GMT: GBP - Manufacturing Production - Changes in the total inflation-adjusted value of output produced by manufacturers 

12:30 GMT: USD - Trade Balance - Difference in value between imported and exported goods during the reported month 

14:30 GMT: Oil - Crude Oil Inventories - Changes in the number of barrels of crude oil held in inventory by commercial firms during the past week