November 29, 2013 - Daily Market News
Activities Hot Today : EUR, CAD
The U.S. market was closed yesterday for the Thanksgiving holiday then volatility was lower. As a result, the U.S. markets remained unchanged. Asian stocks were mixed. The Nikkei closed down after reaching its highest level since 2007 due to the Governor of the Bank of Japan's monetary easing maintenance , but the Hang Seng rose 0.24% . European stocks opened mixed .
WTI is still heading lower due to rising exports and increased supply. This comes after another report on Wednesday showed crude oil inventories to gain . The United States is pumping oil at a much faster pace . The price of gold has gained slightly due to the physical demand from China. However, the price is still very low due to expectations of taper that have pressured the metal down by 25% throughout the year. It will open the U.S. market for some time now , but no events to economic volatility in the United States is likely to remain low.
Main events of today:
10:00 GMT : EUR - core CPI (YoY ) - measures the change in prices of goods and services purchased by consumers, excluding food, energy, alcohol and tobacco. The data has a relatively mild impact because overall CPI inflation target mandate of the European Central Bank.
10:00 GMT : EUR - CPI (YoY ) - measures the change in the price 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.
10:00 GMT : EUR - Unemployment rate - measures the percentage of the total labor force that is unemployed and actively seeking employment during the previous month . The data tends to have a muted impact as there are several indicators above relating to the working conditions in the euro area .
13:30 GMT: CAD - GDP - measures the annual change in inflation-adjusted value of all goods and services produced by the economy. And ' the broadest measure of economic activity and the primary gauge of the economy's health . Canada releases GDP data fresh on a monthly basis .
