March 11, 2014 - Daily Market News
Today's Hot Assets: GBP Oil
U.S. stocks turned lower after a negative lead from Asia after China released data exports, which was well below expectations and showed the biggest slide since 2009. The numbers added to speculation that the emerging economies is slowing down. Current tensions in Ukraine also helped push stocks lower. At the end of trading in the U.S. , is bilDow Jones Industrial Average down 0.21% , the S & P 500 is 0.05 % lower inNasdaq Composite index was 0.04 % lower . Asian stocks rose and exhibited Bank of Japan maintained its quantitative easing . Markets in China and Hong Kong rebounded from heavy losses on Tuesday after data shows that Chinese bank lending fell more than expected . Markets ended higher , Nikkei 225 was up 0.69% , Shanghai Composite was up 0.10% inHang Seng was up 0.02% . European markets advanced naodprtem with miners posting some of the biggest gains , as he climbed most of the metals , but have now turned mixed after a negative trade balance of Germany.
WTI Crude is trading near 3 -week low , before the census data is released later in the day . The U.S. oil industry will release the weekly Crude park , as well as gasoline and distillates park at 20:30 ( GMT ) . Low Chinese export figure pushed down the prices , as they showed signs of a slowdown in growth in the second largest oil consumer. Support may still be found on the situation in Ukraine , but now looks less likely that can occur . Gold climbs higher as investors assess the geopolitical tensions in Ukraine . Gains were limited as they focus on turning to the next meeting of the feds on March 18 to 19 . It is most likely that it will continue to decline , monetary incentives and reduce further $ 10000000000 particularly after the bilNFP data on Friday as positive . Traders will also be watching U.S. data on retail sales and consumer sentiment later in the week .