August 27, 2014 - Daily Market News
Today's Hot Asset: Oil
U.S. stocks climbed after positive data. CB consumer confidence has reached pre -crisis level and came out of 92.4, the highest since 2007, the outlook for the American economy continues to improve, and is currently the bullish stocks. The S & P 500 closed above 2,000 for the first time record of 0:11% daily profit. The Dow Jones 0.17%. Asian markets were mixed in the region. The Nikkei added 0.09% of the shares acquired technology. However, the Hang Seng lost 0.62% after news of the high-speed railway linking Hong Kong mainland Chinese cities ran over budget. European markets are mixed today, investors are weighing between Russia and Ukraine negotiations against the worse-than-expected German confidence data. Currently, the major FTSE 100 0.08%, while the lower lead DAX CAC 40. These bottom was 0.05% and 0.02%.
WTI crude oil rose slightly, despite bearish data from the API. The price range just before the EIA report released today 02:30 GMT and expected to show a decrease of 1,286 million barrels. The USA is also releasing GDP tomorrow and the expectation is that the quarterly growth of 3.9%, and if that is the case, we expect oil higher. Gold climbing today as the physical demand. It is predicted that the metal might bearish on the dollar reached a seven-month high against most currencies, and positive data increasingly betting that the Federal Reserve female ratio sooner than expected.