November 15 , 2013 - Daily News Market
Asset hot today : USD
Saw Janet Yellin yesterday and reiterated comments made by the Open Market Committee previously. Confirmed its position doves and said it would continue stimulus in the United States . U.S. stocks made immediately after then gained more after the release of lower - than - expected data from the U.S. , including the continuing jobless claims , initial jobless claims and the trade balance . The index of the S & P 500 was up by 0.48 % and the Dow Jones index closed 0.35% higher . Asian stocks also rose ; Nikkei up 1.95 % and Hang Seng index closed 1.68 % higher . There is also speculation that the new reforms will be introduced to China during the next few days.
Rose WTI after Yellens speech despite the rise in stocks and inventories . A stronger economy could lead to higher demand which ultimately pays higher prices. Gold jumped yesterday, as to maintain stimulus weakens the dollar . The market did not expect to be unrelenting as they were doves . And investors should be cautious as the call sites in the long term can be risky .
Today the most important events :
10.00 GMT: EUR - Core CPI (YoY ) - measures the change in prices of goods and services purchased by consumers , excluding food and energy , alcohol and tobacco . Data has a relatively mild effect due to the overall CPI is the inflation target mandate of the European Central Bank .
10.00 GMT: EUR - Consumer Price Index ( MoM) / (YoY ) - measures the change in prices of goods and services from the point of view of the consumer. It is a key way to measure changes in purchasing trends and inflation rates.
13.30 GMT: CAD - Manufacturing Sales ( MoM ) - measures the change in the total value of sales made at the manufacturing level
13.30 GMT: USD - Import Price Index (MoM) - measures the change in the prices of imported goods and services purchased locally .
13.30 GMT: USD - NY Empire State Manufacturing Index - rates the relative level of general business conditions upstate New York. Above 0.0 indicates improving conditions , below indicates worsening conditions . The reading is compiled from a survey of about 200 manufacturers in New York State .
14.15 GMT: USD - Industrial Production ( MoM ) - measures the change in the total value of inflation-adjusted output produced by manufacturers, mines , and utilities
