REVIEW

The ECB left its key interest rate unchanged at 0.5%. This decision was widely anticipated. Improvment PMI indicators of the dynamics in most EU countries affected. The regulator does not see deterrioration situation in the region, and that was a condition of easing monetary policy. Interestingly, the information from the ECB was on the news on the continuation of unemployment in France. This figure reached 10.8% already. This is the highest number since 1998. Nevertheless, the ECB forecast for the EU economy has become more pessimistic. If earlier it was expected that the results of the annual EU GDP going to fall by half a percent, now the number will be revised down to -0.6%. The data for the second quarter look pretty bad. Retail is reduced by 3 months. In addition, according to information published on Thursday, the number of German manufacturing orders fell by 2.3%. Nevertheless Draghi forward to the recovery in the second half of the year. Draghi made an interesting comment on the discussion of a wide range of measures to stimulate the economy, which is beyond the control of interest rates. Among other measures, there is a correction of deposit rates to negative values, and loans of the banking sector by the ECB. This is an attempt to somehow revive lending to small and medium-sized businesses. Anyway Draghi concluded that in the meantime, the ECB sees no reason for too active steps in these directions. European inflation at 1.4%. This is less than the number of ECB target of 2%. But the head of the ECB is not associated with the threat of deflation, and suggests that the current situation may give some support to the consumer sector. In his view, low inflation is one of the three main pillars of the European economic recovery, along with two others: the growth of exports and adaptive ECB policy. To rounding, there NFP report published today. As is usually assumed to affect the markets a lot, so it is strongly recommended to keep an eye on it.

TECHNICAL ANALYSIS

EURUSD

Euro breaks above resistance at 1.3242. It involves the resumption of uptrend from 1.2747. The next target on the upside is 1.3400. A further increase is possible after some consolidation. Supports up to bias the trend. If it holds, the bullish trend is likely to continue.

USDJPY

Reducing couples' passes in price from 95.92. The next downside target at 95.00 area. Resistance coincides with an oblique downward trend line. Only a strong break above it will suggest the end of the bearish trend.

GBPUSD

Pound overcomes resistance around 1.5605. Further improvement is expected with the immediate goal of 1.5800. Support for the upward trend line. A break below this level will signal the end of an uptrend.

Economic Calendar

8:30 GBP Trade Balance

10:00 EUR German Industrial Production (MoM)

12:00 BRL Brazilian CPI (YoY)

12:30 CAD Employment Change

12:30 CAD productivity (QoQ)

12:30 CAD Unemployment

12:30 USD Average Hourly Earnings (MoM)

12:30 USD Average Workweek

12:30 USD Nonfarm Payrolls

12:30 USD creation in the private sector Nonfarm

12:30 USD Unemployment

13:00 MXN Mexican CPI (YoY)

14:00 MXN Mexican interest rate decision

September 3, 2014 - Daily Market News 

Today's Hot Assets: GBP, USD, Oil 

U.S. stocks mixed data with a slightly geriledi.ısm Manufacturing PMI data, however, falling oil prices and energy shares lead to a reduction since May 2011 quickly grew and the United States for the positive economic outlook çizdi.s & P 500 0.05% lost and the Dow Jones 0.18% lost. Dollar higher against the yen following a large manufacturing data as 8 months climbed in Asian markets in the region tırmandı.do 105.158 yen trading at 105.3 yen compared to the previous day gördü.piyas also reacted to a possible reform of the pension fund. Japanese Prime Minister, Shinzo Abe, the current Liberal Democratic Party deputy policy chief, Yasuhisa Shioza, the Government Pension Investment Fund managers can do. This report speculation that pension funds to shift to riskier assets following positive data artırdı.hang Seng China gained 2.17%. European markets are discussed in Ukraine as a potential fire higher today. France's CAC 40 up 1.13% and 0.76%, while London's FTSE 100, DAX currently is 1.19%. 

USA New York Mercantile Exchange long weeks later opened to replace the WTI crude sharply yesterday reddetti.da with the slow economic recovery have been pointed and less demand may lead to data from China over concerns with the açıklanabilir.fiyat now 20:30 GMT ahead of the API report climbs. Gold continues to drop and 5.2-month low as dollar strengthens trades. Geopolitical tensions, and now the price drop at the same time support. Markets now from the ECB interest rate decision tomorrow and Friday's NFP report is waiting for the United States. 

Today's Key Events: 

08:30 GMT: GDP - Services PMI - services sector, the activity level of purchasing managers in the measure. 

14:00 GMT: CAD - Interest Rate Decision - Bank of Canada (BOC) to adjust the speed governing council members where a compromise is coming. Short-term interest rates as investors closely primary factor in currency valuation changes of interest to watch.

January 27, 2014 - Daily Market News

Today's Hot Assets : WTI Crude Oil, USD

U.S. stocks fell on Friday after global concerns about emerging markets. This caused a risk-off trading session , which caused demand for safe-haven currencies and commodities , such as the Japanese yen and gold. Weak Chinese data supported a reduction in emerging markets , which led investors shy away from U.S. stocks . At the end of trading hours on Friday, the U.S. markets closed lower , sDow Jones falls to 1,96%, S & P 500 fell 2.09 % and the Nasdaq fell 2.15% . European stocks also followed the same downward trend, poslerazgroma emerging-market currencies increased concerns about the global economic recovery. Asian markets also fell in morning trading after news of the widening trade deficit in Japan and increasing concerns about the continued narrowing in the U.S. Federal Reserve can affect economic growth in Asia . At the opening session , the Hang Seng index in Hong Kong fell 2.11 %, while Japan's Nikkei 225 fell 2.51% .

WTI Crude Oil is the largest profit encountered as weather conditions in the U.S. increased demand for heating oil . Stocks in the United States recently showed lower figures showed an increase in demand growth rates . Gold also showed an increase in prices on Friday as shares , investors turned their attention to safe-haven currencies such as gold . The price of gold is now starting to decline slightly as investors consider the consequences of a possible further reduction of monetary stimulus to the U.S..

Today's main event:

0900 GMT : EUR - German business climate index LFO - rate the current German business climate and measures expectations for the next six months. It is a composite index based on a survey of manufacturers , builders, wholesalers and retailers .

15.00 GMT : USD - sales of existing homes - measures the change in the annualized number of existing residential buildings that were sold during the previous month .

18:00 GMT: EUR - German Buba President Weidmann Says - Deutsche Bundesbank ( Buba ) President Jens Weidmann has to say . As president of the Bundesbank and a member of the ECB , which controls key short-term interest rates , Weidmann has some influence on the value of EUR

May 1, 2014 - Daily Market News

Today's Hot Property : USD EUR

In the FOMC statement released vakarFED that they would reduce the quantitative net yradar $ 10000000000 , irpagrindinis rate will remain unchanged at zero. They also said kadekonomika gaining momentum and that economic activity has picked up recently added optimism markets. U.S. stocks rose with the Dow Jones closing at 16,580.84 and the entry of the S & P 500 finished 0.3 % higher. Asian shares were mixed. Japanese stocks added to gains after positive earnings news from companies such as Fujitsu and the Nikkei closed 1 27% higher. market in Hong Kong , China and South Korea remained closed for the May 1 holiday . market also finished in France and Germany working day. FTSE 100 , however , gained after strong manufacturing and housing data .

WTI Crude continues to decline and moved below $ 100 / barrel for forgiveness kadnaujos generation sanctions against Russia probably will not affect supply . The EIA also reported that crude inventories rose 1.7 million barrels last week , lifting the commercial crude stocks to 399.4 million barrels. Taididžiausia weekly total on record. Gold also fell nescentrinis Bank will continue to taper process. Now attention will turn to tomorrow's nonfarm payroll report.

Today's main events:

13:30 Time Zone : USD - Fed Chairman Yellen Language - The Independent Community Bankers speak of America's annual Policy Summit in Washington, DC

13:30 Time Zone : USD - Jobless Claims - priemonėsasmenų who filed for unemployment insurance for the first time in the last week.

15:00 Time Zone : USD - ISM Manufacturing PMI - based on data compiled from monthly replies to questions asked of purchasing and supply managers of more than 400 industry data . For each of the indicators measured in this report shows the percentage reporting each response , the net difference between the number of responses in the positive economic direction of negative economic direction and the diffusion index .

18,30 Response: GBP - MPC Cunliffe state language - to speak the Worshipful Company of International Bankers in South London