December 13, 2013 - Daily Market News

Today Hot Asset : USD

After positive economic news lately is great speculation that the Fed stimulus could cut as early as next week as they have said they are waiting for better economic results . The markets are now awaiting the FOMC meeting next week . U.S. stocks fell , the S & P 500 reached a five -month closing low 0.38 % and the Dow Jones 0.66 % lower. Asian stocks closed higher as the dollar rose against the yen . At the end of the session, the Nikkei had gained 0.4 % and the Hang Seng had gained 0.22 % . European stocks opened mixed.

STI little changed after a fall during the week when petrol and diesel inventories increased . Reduction of the stimulus can also reduce . An adverse effect on the product as a tapered question Gold fell sharply yesterday after U.S. data was positive and the dollar strengthened. During the Asian session traded flat and there was no significant movement .

Today Main Events :

13.30 GMT : USD - Core PPI ( MoM ) - measures the change in the selling price of goods and services sold by producers , excluding food and energy . The PPI measures price change from the perspective of the seller. When producers pay more for goods and services, they are more likely to have higher costs to consumers go, so PPI is thought to be a leading indicator of consumer inflation.

13:30 GMT : USD - PPI - measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation , which accounts for the majority of overall inflation .