14/03/2014 - March Daily Review
- Mark Densel
- English
- MARKETS NEWS
- Hits: 1834
March 14, 2014 - Daily Market News
Today's Hot Assets: PLN , USD
China has released another collection of bad data from the U.S. yesterday and is in conjunction with the voltage in Ukraine pushed the markets lower. Global problems in the shadow of better -than-expected U.S. data and stocks ended the worst declines more than five weeks , investors turned to safer assets. S & P 500 lost 1.17 % to close below the key technical level of 1,850 Ides Jones lost 1.41 %. The slowdown in the Chinese economy hit by the Asian markets , as four investment banks to lower their growth forecasts for the country. Hang Seng lost 1% is experiencing its worst week for almost two years , aNikkei lost 3.3% , jakjen strengthened as a safe haven asset , the dollar fell to ¥ 101.55 from ¥ 102.62 . European markets opened losses. During early European trade , the EURO STOXX 50 lost 0.54 % , France's CAC 40 lost 0.48 % and the German DAX 30 lost 0.67 %.
WTI Crude fell after the unfavorable data from China , which suggests that it may be a lower demand from the second largest consumer. API inventory data from the EIA and the beginning of the week also showed an increase in inventories and stocks. Gold has been inching higher as safe haven assets . Currently, price fluctuations in the face of mixed information. U.S. Retail Sales in the USA were better than expected last night reinforcement of better prospects for the economy. However, global events seem byćgłównym subject of their market. Traders should watch the data were published later in the day with the U.S. in the PPI at 12:30 GMT .
Today's main events :
09.30 GMT : GBP - Trade Balance - środkiróżnicy between imported and exported goods and services during the reporting period .
12.30 GMT : USD - PPI - measures the change in the price of goods sold by manufacturers. Jestwiodącym indicator of consumer price inflation , which accounts for the majority of overall inflation.
13.55 GMT : USD - Michigan - Atesrelatywnego level of current and future economic conditions.