January 20, 2014 - Daily Market News
Friday saw mixed from the U.S. data. Building Permits consumer confidence aMichigan came out as below expectations . However, housing starts exceeded expectations and came out to 0.999 . As a result, U.S. stocks ended mixed , S & P 500 closed 0.39 % lower aleDow Jones closed 0.25 % higher. Chinese data were mostly below expectations this morning. Quarterly GDP grew by 1.8 % and industrial production increased by 9.7%. That sent shares down , Hang Seng was down 0.88% , zatímcoNikkei 225 is lower by 0.59% . European stocks opened with little change.
After better than expected data on U.S. housing starts WTI oil prices gained on Friday, but weaker Chinese industrial production sent today is lower. Gold rose after mixed U.S. data. As indices fell , people invest their money in commodities. U.S. markets are closed today due to the day Martin Luther King , Jr. . Volatility is likely to remain low.
Our Highlights:
21.45 GMT : CZK - IPC - opatřenízměny in the prices of goods and services from a consumer perspective . It is a key way to measure changes , including trends and inflation.
