13/03/2014 - March Daily Review
- Mark Densel
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March 13, 2014 - Daily Market News
Today hot assets : USD, JPY
Tension in Ukraine continues to affect the markets and sparked some profit taking during the U.S. session yesterday. He said fears of a possible slowdown in the Chinese economy also uncertainty. However , stocks ended little changed as investors chose instead to stay on the sidelines and wait for further developments . At the end of trading , the Dow Jones up 0.07 %, the S & P 500 rose 0.03% and the Nasdaq rose 0.37% . Asian stocks fell as China issued another set of negative data . Industrial production and retail sales both missed expectations , raising fears about the outlook for the economy. Hang Seng Index ended 0.67% lower and the Nikkei index lost 0.1 %, as the stronger yen more of the following data are weak. European stocks began the day after closing at the highest level of one-month low yesterday .
The total WTI crude lowest since the beginning of February. The data showed a slowdown in Chinese industrial production and retail sales show less demand in the second largest consumer of. And API and EIA both reported gains in stocks and stocks earlier in the week also pay lower prices . Gold has reached its highest level since September after growing concerns of Russia and Ukraine . Decline occurred only facing the yellow metal after data worse than expected China , which saw many of the would reduce the actual demand. Since then, the Item has been on the rise again and can continue to do so as long as the situation in Eastern Europe is still tense. Pay attention to U.S. retail sales data coming in later , because any signs of a strengthening of the U.S. economy may counteract this upward pressure .
Today the most important events :
12.30 GMT: USD core retail sales - measures the change in the total value of sales at the retail level in the United States , excluding automobiles . It is an important indicator of consumer spending and is also considered as an indicator of the speed of the U.S. economy .
12.30 GMT: USD - Retail Sales measures the change in the total value of inflation-adjusted sales at the retail level . Is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity .
14.00 GMT: USD - business inventories - measures the change in the value of unsold goods held by manufacturers , wholesalers and retailers and
18.00 GMT: USD - Federal Budget Balance - measures the difference in value between the federal government's income and expenditure during the reported month .
23.50 GMT: JPY - Monetary Policy Meeting Minutes - and Monetary Policy Meeting Minutes are a detailed record of the meeting of the Bank of Japan 's policy-making , and contains in -depth insights into the economic conditions that influenced the decision on where to set interest rates .