07/04/2014 - April Daily Review
- Mark Densel
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- MARKETS NEWS
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April 7, 2014 - Daily Market News
Today 's Hot Asset : USD
Friday's nonfarm payroll report showed that 192,000 jobs during the month of March, which was slightly below expectations created . The unemployment rate also disappointed as it was at 6.7 % instead of 6.6 % fall expected . U.S. stocks initially opened higher and reached maximums for intraday speculation that the report could be a slowdown in the pace of the peak attracts . However , profit is lost following selling pressure in the internet and technology companies . At the end of the U.S. trade , the Dow Jones was down 0.96 % , the S & P 500 was 1.25 % lower and the Nasdaq was down 2.6 % . Asian markets fell at the start of the week . The Nikkei lost 1.69 % as the yen strengthened against the dollar after weak data on Friday. Markets in China remain closed for the grave Animal Day. Technology stocks in Europe fell following global losses , sending shares lower at the open session . In early trading the FTSE 100 was 0.73 % lower , the CAC 40 was 0.98 % lower, the DAX was 1.46 % lower .
WTI Crude , following the NFP report, the figures still showed an improvement in the economy , together with the recent data from Europe question seems to be on the top . Support was also found by the hope that China will carry out economic stimulus measures soon . Then follows protests in Libya , the limitation Libyan rebels agreed to two oil exporting ports open after talks with the government , and so during the Asian session the price . Gold rises sharply and moved above $ 1,300 / ounce after the United States released a weaker -than-expected nonfarm payroll figure caused investors to the rate of pointed questioning . Pricing is also a boost as a result of losses in the stock market . Losses earlier today seen as physical demand weakened with the Chinese market is closed .
Today 's key events:
06:00 GMT : EUR - German industrial production - measures the change in the total inflation - adjusted value of output produced by manufacturers , mines , and utilities .
14.30 GMT : CAD - BOC Business Outlook Survey - measures the business perspective in Canada , as derived from a survey of 100 selected businesses asking respondents to evaluate the relative level of general business conditions .
15.45 GMT : USD - FOMC Member Bullard Speaks - FOMC members are responsible for setting the benchmark interest rate , and their words are closely watched for signs of the future possible direction of monetary policy
23:50 GMT : JPY - adjusted current account - measures the difference in value between imported and exported goods , services and interest payments during the month