13 August 2014 - Daily Market News 

oil 

Due to tensions in Iraq over the pre-terrorist group ISIS and the refusal of former Prime Minister to leave office, the oil is at risk of significant climbing. However, the black liquid remained low due to structural changes in the oil market that is just begging to be held. Because of increased hydraulic damned - a process that produces oil from shale rock - United States engaged in the production of 3 million barrels a day more than 2008 Therefore, as the world's largest economy less import prices around the world tend to fall. At 14:30 GMT, the raw data offers will be released, which may dictate short-term movements in the price. Oil is currently trading at $ 97.25 per barrel. 

U.S. Indices 

U.S. futures indices are on the rise today, mainly because of anticipation ahead of us data on retail sales out at 12:30 GMT. A lot of bullish sentiment stems from a previous positive reports GDP and the expectation that good data on retail sales data augur good Q3 GDP. In addition, companies such as Macy's and Cisco Systems are releasing reports earnings today, suggests that we could see a lot of movement in the American markets.