05/02/2014 - February Daily Review
- Mark Densel
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- MARKETS NEWS
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5 February 2014 - Daily Market News
Today's Hot Assets: EUR , USD
Weak data from across the United States in January could be bad weather and cold wave which affected the industry across the state. U.S. stocks recovered their lows yesterday, this realization has hit the market , and Factory Orders fell by less than expected. LõpusUSA sessions & P 500 was 0.76 % higher jaDow Jones was 0.47% higher. Asian markets were given a positive eeskujuUSA and most of the stocks to increase . The Nikkei gained 1.23% after the Japanese companies such as Panasonic and Sony, posted significant gains. However, the Hang Seng fell 0.6 % because of concern that the public offering listings to hurt liquidity, but markets remained closed for the New Year in Shanghai . European shares are mostly higher following positive Services PMI data from Spain, Italy and France, the FTSE 100 is up 0.29 % , while the CAC 40 is up 0.03%. However, the DAX in Germany is 0.07 % less than the postitatudoodatust worse outcome. Investors are cautious ahead of the U.S. ADP Nonfarm Employment Change data at 13:15 ( GMT) . This can give us a show , what to expect from Friday's NFP report.
WTI Crude oil stocks are climbing ahead from the EIA later today at 03:30 ( GMT) . It is expected to see a further decline in distillate stocks , which have fallen due to the cold in the U.S. over the last couple of weeks. API reported yesterday that Crude 0.38M shares rose only much less than the expected 1.5 . After rising sharply after U.S. ISM data Gold saw the damage . Investors moved into riskier assets after U.S. Factory Orders were slightly better than expected and the stock markets rise . Physical demand is still lower than that of the largest consumer , China, is still closed. Price is inching slightly higher enneADP data today. Investors should also vaadataISM Non - Manufacturing PMI at 15:00 ( GMT) .
Today's Main Events:
09:00 GMT : EUR - Services PMI - measures the activity level of purchasing managers in the services sector .
09:30 GMT : GBP - Services PMI - measures the activity level of purchasing managers in the services sector .
10:00 GMT : EUR - Retail - measure the change in the total value of inflation-adjusted sales at the retail level
13:15 GMT : USD - ADP Nonfarm Employment Change - measures the monthly change in non-farm private employment based on payroll data on approximately 400,000 U.S. business clients.
15:00 GMT : USD - ISM Non - Manufacturing PMI composite index arvutatakseüldine indicator of the economic condition of the non - manufacturing sector.