January 6, 2014 - Daily Market News
Today's New Asset : USD
The following Bernanke's speech on Friday , U.S. stocks ended mixed , S & P 500 closed 0.03 % lower while the Dow Jones closed 0.17% higher. Bernanke said that a significant improvement in the U.S. economy, but the recovery is still in progress. He also supported the current program of quantitative easing . His comments were positive , and he said adaptive policy will be maintained until needed . During the first day of trading in 2014 , Asian stocks fell after China HSBC came out low and Yen showed strength. Nikkei closed 2.35% lower and the Hang Seng fell 0.46% . European stocks open higher today , the DAX up 0.22% , the FTSE 100 is up 0.23% and the CAC 40 was up 0.01 % .
After reaching a monthly low, WTI sinking because of the possibility of further increase in deliveries in Libya Sharara field has resumed production. Prices also fell after data from China ( including Non - Manufacturing PMI and HSBC Services PMI ) showed the economy moving at a slower pace , which could lead to a potential decline in demand. Gold prices rose today as its low cost is still attracting buyers in Asia. Traders should focus FOMC meeting minutes and Nonfarm Payroll figure is released later this week.
Today's main event:
09.00 GMT : EUR - Services PMI - measures aktivitetsnivåav purchasing managers in the services sector .
09.30 GMT : GBP - Services PMI - measures aktivitetsnivåav purchasing managers in the services sector .
15.00 GMT : USD - ISM Non - Manufacturing Employment - calculated as an indicator of the overall economic condition of the non - industry. NMI is a composite index based on the diffusion indexes for four of the indicators with equal weights : Activity (seasonally adjusted ) , New Orders (seasonally adjusted ) , Employment (seasonally adjusted ) and supplier deliveries.
15.00 GMT : USD - ISM Non - Manufacturing PMI - a composite index is calculated as an indicator of the overall economic condition of the non- industry
21.45 GMT : NZD - Trade - measures the difference in value between imported and exported goods and services during the reporting period.
