August 25, 2014 - Daily Market News 

Today's Hot Assets: USD 

On Friday, Janet Yellen said at Jackson Hole Symposium. She noted that labor market conditions have improved, but not yet fully recover. The focus for the Fed is assessing how far the economy of their overall objectives, which remains a difficult task. The Federal Reserve is a tendency to rate hikes in 2015, who stayed close to 0 since 2008, the U.S. shares after the statements bottom end; the S & P 500 closed 0.2% lower and the Dow Jones closed 0.22% lower. Asian markets rose across the region. The Nikkei added 0.48%, while the dollar rose against the yen, trading at 104.26 yen, compared with 103.85 yen at the last close. The Hang Seng 0.22% added. European markets are higher today. Draghi also spoke at the symposium on Friday and hinted that further monetary stimulus to the economy could be added. He noted that inflation continues to fall, the European Central Bank may react with more tools. Currently, the CAC is 40 to 0.92%, while the DAX up 1.03%. Britain's FTSE 100 is closed for a bank holiday. 

WTI Crude was down trend for fear of - supply. The price is now climbing slightly ahead of U.S. data later in the day, including New Home Sales, which is published from the United States 14:00 GMT. At the end of last week traded gold choppy between $ 1,274 / oz and $ 1,283 / oz. Today, however, she opened with a small positive gap then gains against. Traders are assessing whether the Federal Reserve to raise interest rates earlier than expected due to the continuous improvement in the economy. Yellen comments on the Jackson Hole Symposium caused the dollar to climb and as we know, the dollar moves inversely to the metal. As always, traders should keep an eye on the U.S. data released later today. 

Today's main event: 

14:00 GMT: USD - New Home Sales - measures the annualized number of new single-family homes that sold in the previous month.