June 10, 2014 - Daily Market News
Today's Hot Assets: GBP, USD
U.S. stocks continued to climb, reaching a record level of the S & P 500 19 times this year. With no major economic figures released, the movement came from observations FOMC members Bullard and Rosengren. S & P added to 0.09% to 1,951.27, and the Dow Jones added 0.11%, amounting to 16,943.1. Asian stocks ended mixed. The Nikkei lost 0.85% as the dollar fell against the yen. However, the Hang Seng was 0.86% after positive data from China. China's consumer price index came in better than expected to reach a four-month high of 2.5%. Chinese banks are also maintained gains after the People's Bank of China announced a plan to cut the reserve requirement ratio. European markets opened mixed following a sharp increase in the debt before yesterday, and manufacturing production data from the United Kingdom. Currently, the DAX is up 0.13% and the CAC 40 is up 0.09%. However, out of the FTSE 0.50%.
WTI Crude oil climbed after positive data from China and Europe boosted the prospects for additional stimulus energy needs. Merchandise is currently trading at its highest level since March over U.S. $ 104/barrel. The API is set to release surveillance data today at 20:30 GMT, and the expectation is to see a decrease in supply. Gold is trading in the range as a result of inconsistent data. On the one hand, the ECB lowered interest rates and said a further incentive, which is a bullish metals. But investors continue to invest in U.S. stocks, pushing them to a record level. Traders should look to U.S. data throughout the week, including a young jolts at 2:00 today.
Today's Main Events:
8.30 GMT: GBP - industrial production - the measures the change in the total inflation-adjusted value of output of producers
14:00 GMT: GBP - NIESR GDP Estimate - measures the change in the estimated value of all goods and services produced in the previous three months, the economic
14:00 GMT: USD - young jolts - the number of jobs reported during the month, with the exception of the agricultural sector
Market Review By TraderXP:
The yen touched the weakest level against the dollar since June 2010, on speculation the Bank of Japan will work with the government of Prime Minister Shinzo Abe to step up efforts to stimulate the economy.
Market Review By TraderXP:
Oil fell as accelerating Chinese inflation reinforced fears that economic incentives can be eliminated. The spread between oil in New York and London has narrowed to least in almost four months.
March 5, 2014 - Market News Daily
Today 's Hot Assets : EUR, USD, CAD
The chances of military conflict in Ukraine has decreased. Russian President Putin said that they reserve the right to use force in the Crimea in the case of " lawlessness " , but noted that such an occurrence would be a last resort . This came after news that Russian troops were called military exercise back into their bases . Stocks rose as investors speculated that the situation would likely not escalate further. S & P 500 closed 1.53 % higher and the Dow Jones closed 1.41 % higher . Asian stocks were mixed . Nikkei rose 1.2 % as the yen continued to weaken against the dollar . Hang Seng , however , declined 0.34 % as Chinese HSBC Manufacturing PMI points to slowing economy . Attention in Asia will now turn to the National People's Congress meeting in China. The meeting will be watched for any signs of whether government officials will introduce something new to the restructuring of China's economy . Asian investors are also preparing for a potential default in the bond market in the country . European shares lower on a wide range of services PMI data came out better than expected and the whole eurozone GDP out of the goal.
WTI crude declined almost 2 % as the threat of disruptions related to the geopolitical situation in Ukraine fell . API- ing, published yesterday that U.S. crude inventories rose 1.2 million barrels in the week ending Feb. 28, compared with expectations for an increase of 1.5 million barrels . Traders are now looking forward to today's EIA inventory of 15:30 (GMT). After collecting the following tension in Ukraine , gold fell 2 % yesterday . Attention will turn to key U.S. data released later in the day . ADP Nonfarm Employment Change will be released at 13:15 (GMT) and ISM Non- Manufacturing PMI will be released at 15:00 (GMT).
Today the main events :
13.15 GMT: USD - ADP Nonfarm Employment Change - a measure of the monthly change in non - farm , private sector , based on payroll data from about 400,000 U.S. business clients
15.00 GMT: CAD - Decision interest rate - Bank of Canada ( BOC ) governing council members came to a consensus on where to set the rate .
15.00 GMT: USD - ISM Non- Manufacturing PMI - Institute for Supply Management (ISM) Non- Manufacturing Purchasing Managers Index (PMI) for Business report , the composite index is calculated as an indicator of the overall economic condition for the non- manufacturing sector .
Market Review By TraderXP:
The Australian dollar fell for a second day against the yen after data showed consumer confidence was little changed from two-month low, highlighting the concerns of the economy of the South Pacific weaken.
December 3, 2013 - Daily Market News
Today's Hot Assets: GBP
U.S. stocks fell after reaching record highs in late U.S. session as investors locked in profits . IndeksiProdhim ISM came on increased speculation seFed expectations could begin to diminish rapidly as it shows a strong growth in the U.S. economy which would weigh on shares . Reports also indicated that Black Friday spending was actually lower than last year . S & P 500mbyllur lower 0.27% and closed dheDow Jones 0:48 % lower . In Asia , after reaching the highest level since 2011Hang Seng fell 0.49% due to fear of tapering . However , Nikkei gained 0.6 % against the dollar weakened siYen . European stocks opened with small change .
WTI has climbed amid speculation that stocks may have fallen . Manufacturing PMI from China, Europe and the U.S. beat expectations which can lead to increased demand and push prices higher . Gold fell further as positive data yesterday . The dollar strengthened and made investors trade on expectations for the Federal Reserve to start tapering monthly bond purchases in the coming months . The price is a little low siçmim climbing today has brought back some physical demand . However , traders should be wary of any call positions as they are dangerous and wait for key data at the end of the week , including the U.S. GDP and non - agricultural wages.
Key events today :
09:30 GMT : GBP - Construction PMI - measures the activity level of purchasing managers in the construction industry . A reading above 50 indicates expansion in the construction industry , a reading below indicates contraction . It gives an indication about the health of the construction section in the UK . Traders watch these surveys closely as purchasing managers usually have early access to data about their company's performance , which can be a leading indicator of overall economic performance .
June 11, 2014 - Daily Market News
Today's Hot Asset: NZD
U.S. stocks little changed, remains at record highs. The S & P 500 lost 0.02% and the Dow Jones 0.02% to close at 16,945.92. In individual stock news, Apple Inc. rose 0.6% to a 7 - to - 1 split Ebay but lost 2.7% after reports their PayPal chief leaving Facebook to join. Asian stocks were mixed. The Nikkei 0.5% as the dollar fell further against the yen. The Hang Seng lost 0.25%, however, as the World Bank cut its forecast for global economic growth. The World Bank bag its forecast to 2.8% from a previous estimate of 3.2% amid a weaker outlook for Russia, China and the U.S. European stocks open lower as sentiment. Currently, the DAX is down 0.78%, while France's CAC 40 was down 0.66% and London's FTSE 100 was down 0.61%.
WTI Crude dropped slightly after the API reported that increasing Weekly Crude Stock. But the price is climbing again because of speculation the EIA will be a drop in stock later in the day at 14:30 GMT report. Traders are waiting for the start of the OPEC meeting in Vienna today. Gold went through a resistance level broken and climbed to $ 1,263 / ounce. Physical demand has increased, but the metal receives its major boost from the additional stimulus coming in Europe. No key data from the U.S. today so the price may be choppy.
Today's key events:
21.00 GMT: NZD - interest rate decision - The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisors. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
21.00 GMT: NZD - RBNZ Rate Statement - The Reserve Bank of New Zealand's rate statement is the primary tool the panel with investors about monetary policy communication.
21:05 GMT: NZD - RBNZ Gov Wheeler Speak - The press conference is about 30 minutes long and has two parts - the first in a prepared statement read, then the conference is open to press questions.
Market Review By TraderXP:
Oil rose in New York for the unexpected drop in U.S. stocks, imports fell for the fourth time in five weeks, and oil consumption has increased.
Prices received as much as 1.2 percent after the Energy Information Administration, the statistical arm of the Ministry of Energy, said that stocks fell 951,000 barrels last week. They had to climb 2.2 million barrels, according to the median estimate of 11 analysts surveyed by Bloomberg. Consumption rebounded from the lowest level since March.
Market Review By TraderXP:
IPhone maker turned to the full panel of judges in the U.S. Court of Appeals for the Federal Circuit to consider, at the same time, the two appeals seeking to block the sale of products Samsung, said that Apple, violate its patents. Panel of three judges usually hear appeals first, with all the court sometimes, when stepping in the broad legal issues need to be resolved.
August 9, 2013 - Daily Market News
The U.S. dollar is the 7 weeks low and why the EUR / USD has reached the highest price since June 19, Weakness of the dollar also helps the price of gold rises, so the price has gone from $ 1,285 / oz 1.315 U.S. dollars / ounce. Today, binary options traders can take a conference motion reversal and short-term stay in the U.S. dollar.
Asian stocks ended the week positive. The Nikkei rose 0.07%, the Hang Seng Index 0.59%. Major European indices have also started well. FTSE100 was added to 0.18% and 0.24% of the DAX.
The main events today:
8:30 GMT GBP Trade Balance - measures the difference in value between imported and exported goods and services during the maksua.Positiivinen indicates that more goods and services were exported to the ground.
12:30 GMT CAD Unemployment - The unemployment rate measures the proportion of the total labor force that is unemployed and actively looking for work during the previous month.
March 6 , 2014 - Daily Market News
Today more Hot Property : GBP, EUR, USD
U.S. data yesterday came out negative again . The ADP Nonfarm Employment Change and Non- Manufacturing PMI market both disappointed method . Ukraine, the situation is still as it is below the radar , but the market is also not much response . U.S. stock after a choppy day, a little less close . This estimate is a result of bad weather that still has most of the investors are rejecting the bad data . S & P 500 and the Dow Jones closed down 0.01 % 0.22 % lower close . Asian stock rescued . The yen continued to fall against the U.S. dollar from 1.59% as Nicky . This improvement in the energy sector started Seng may continue to gain from the news , measures 0.55 % added . European stocks ahead of ECB rate decision today is high . Some economists expect a rate cut in response to weak inflation forecast with , are mixed .
Call now where the car rode the strong growth in the fall , and its raw materials reduced after a 3 week . With regard to any risk of oil supply for Ukraine is also reduced . Consumption signal weak economic data for the following negative side , and therefore the object of the sense of the recession is at the moment . U.S. data came out worse than expected after the explosion of gold yesterday rescued . Traders expect the data on Friday for more than a foreshadowing bad Nonfarm payrolls report and strong enough for the Fed to continue tapering to receive the U.S. may have felt that that .
Today, the main events :
12.00 GMT: GBP - Interest Rate Decision - The Bank of England (BOE) Monetary Policy Committee member where the rate is set to vote
12.45 GMT: EUR - Interest Rate Decision - European Central Bank ( ECB ) Executive Board and the rate where the euro area is set to the Governor of the Central Bank of the vote to 16 members .
13.30 GMT: EUR - ECB Press Conference - European Central Bank ( ECB ) announced in a press conference, the minimum bid rate of about 45 minutes later , the monthly kept . This conference is about an hour long, and the two parts . First of all , a prepared statement and press conference is open to question , to read is .
13.30 GMT: USD - Initial jobless claims - initial jobless claims last week, the number of people filing for unemployment insurance for the first time measuring .
15.00 GMT: CAD - Ivey PMI - measures the activity level of purchasing managers in Canada
June 12, 2014 - Daily Market News
Today's Hot Property: EUR, USD, CAD
U.S. stocks retreated from a record level that they are finally cutting global growth forecast due to the winter cold and Ukraine following the conflict, the World Bank report. The World Bank lowered its forecast to 2.8% from 3.2% earlier in Russia, China and the United States, citing a weaker outlook for the calculation of the S & P 500 lost 0.35% to close 1,943.89 and the Dow Jones lost 0.6%, closing at 16,843.88. Asian stocks also declined today. The Nikkei lost 0.64% as Dollar remained low against the yen to trade around ¥ 102. Bank of Japan monetary policy meeting today in 2 days but few analysts expect a new action must be entered at this point. Hang Seng down 0.35%, due in the fall, and be careful of the shares into the market on Friday as they were before the release of China's Retail Sales. European stocks are higher today. Focus is on U.S. data later in the day at 12:30 GMT with the retail sales. Today, the CAC 40 was up 0.13%, London's FTSE 100 was up 0.11% and Germany's DAX was up 0.08%.
WTI crude oil prices today are soaring commodity currently trading above $ 105/barrel. This comes as violence in Iraq escalates the fight between the government and the militants. The militants have taken control of the northern city of oil. EIA also reported a greater than expected decline in inventories, which added support to the bullish movement yesterday. U.S. gold rose as investors sold off the stock. Gold traders are now coming out of the U.S. data should be seen more in the direction of the market.
Today's main event:
08.00 GMT: EUR - ECB Monthly Report - European Central Bank (ECB) monthly report contains statistical data that policymakers evaluate when setting interest rates together.
09.00 GMT: EUR - Industrial Production - the inflation-adjusted value of output of manufacturers, mines, and utilities to change the dimensions.
12.30 GMT: USD - Core Retail Sales - the total change in the value of sales at the retail level in the United States, excluding automobiles measures
15.15 GMT: CAD - Gov. Polo Speaks - Due talking about Financial System Review, Ottawa
22.00 GMT: GBP - BOE Gov Carney Speaks - Due to the Annual Dinner at Mansion House in London
Market Review By TraderXP:
The euro is set to rise to its highest level against the dollar in more than a year after breaking of the so-called resistance, Credit Suisse AG said, citing trading patterns.
Violation of $ 1.3309 resistance zone opens an advance for a common currency by 50 percent Fibonacci level of $ 1.3493 and eventually to $ 1.40, Credit Suisse analysts including Christopher Hein wrote in a note today, the level last touched in October 2011. He is currently continuing through the completion of a long-term invertedhead and shoulders reversal pattern in December, they wrote.
August 12, 2013 - Binary Options Daily Market News
Asian stocks rose after China's real estate developers, energy and raw materials increased. (Hang Seng up 1.7%), Japan's quarterly GDP fell by 0.6%, according to the economy fell more than expected following parts and low volume decreased. Better-than-expected data on service industries and trade of the United States added to speculation that the Fed could reduce the incentive for U.S. stocks fell all week due to this.
The oil was boosted by China's industrial production grew by 9.7% and positive data on retail sales.
Today, market events:
08:15 GMT: CHF - Retail y / y - measuring changes in total sales, adjusted for inflation, retail. It's a leading indicator of consumer spending, which makes up the bulk of the total economic activity.
19:00 GMT - Balance the federal budget - measures the value of the difference between revenue and expenditure of the federal government during the reference mēnesī.Pozitīvs sign indicates a budget surplus, a negative sign indicates a deficit.
March 7, 2014 - Daily Market Analysis
Today Hot Property: USD, CAD
Today nonfarm Payrolls figures will be released from the U.S. which measures the change in the number of newly employed people , excluding the farming industry . Important indicator of economic activity is employment and so this event is highly anticipated by investors. The latest figures from the U.S. market has more ambition and the last two have been reported NFP also well below expectations . Winter storms have been battling with the U.S. and the market is not sure if bad data is a result of economic slowdown or due to bad weather . Janet Yellen , the new head of the Federal Reserve, has assured the markets that the weakness in employment is weather- related and so today's NFP release will be watching closely . If the data is again lower than expected Fed may decide to pause in their meeting next tapering . Yesterday , the U.S. released surprisingly positive initial Jobless Claims figures to bring some hope to the market. This came after Beige Book showed that in most regions , the economy grew last month. For this reason U.S. stocks gained , S & P 500 closed 0.17% higher and the Dow Jones closed 0.38% higher. Asian stocks were mixed . Nikkei get 0.92 % as yen continues to fall against the dollar following positive Jobless Claims data and Hang Seng declined 0.19% . European stocks have started the session in negative numbers . ECB maintained interest rates at 0.25% yesterday as stronger inflation and economic output to reduce the demand for leaders to take action.
WTI crude is rising following better than expected U.S. data . It also gained after President Obama said that the pressure will rise on Russia to support sanctions under the Ukraine and more can be delivered . Gold climbed yesterday after European officials urged the international community to take a tougher stance against Russia - to increase tension in the region. Yellow metal also moved up in anticipation of today's nonfarm Payrolls data . Traders will be to use the results to try and determine how the Fed to continue with monetary policy .
Today Main Events :
13:30 GMT: CAD - Jobs Language -point change in the number of people employed . Employment is a key indicator of consumer spending
13:30 GMT: USD - nonfarm Payrolls - a step change in the number of employed people during the previous month , excluding the farming industry . Employment is the foremost indicator of consumer spending , which accounts for the majority of economic activity .
13:30 GMT: USD - unemployment rate - measures the percentage of the labor force that is unemployed and actively seeking employment during the previous month .
17:00 GMT: USD - FOMC Member Dudley Speaks - Due to talk about economics in Brooklyn College, in New York
Market Review By TraderXP:
Gold rally this year and to rise further in 2014, the U.S. Federal Reserve policy producers are likely to support the purchase of assets for two years to support the recovery, according to Morgan Stanley.
Gold was the biggest quarterly drop since 2008 in the final three months of last year, data showed recovery largest economy is gaining momentum, increasing concern the Fed may reject stimulus. Minutes from the December meeting of the Federal Open Market Committee, released on January 3, said asset purchases is likely to end this year. Each month, the Fed pledged to buy $ 85 billion of Treasury bonds and mortgage debt.
December 4 , 2013 - Daily Market News
Today's Hot Assets : EUR , USD , Gold
U.S. stocks declined yesterday as positive data is boosting speculation that the Federal Reserve will reduce stimulus in early 2014 . At the session close the S & P 500 was down by 0.32% and the Dow Jones was down by 0.59 % . Asian stocks also fell with the Nikkei closing 2.17 % lower as the yen strengthened against the dollar. After hitting its highest level since 2011, the Hang Seng declined due to tapering fears and closed 0.76 % lower. Following their drop yesterday, European stocks opened in positive numbers . Investors should focus on key data out today from both Europe and the United States .
WTI is rising after data showed that U.S. inventories fell . TransCanada has released news that it plans to increase deliveries of crude to Texas next month by easing supply bottleneck which resulted in the lack of pipeline capacity. Gold reached a 5 month low due to the speculation that quantitative easing will be reduced. Physical demand is also weak . Retailers should focus on U.S. data today including the ADP Nonfarm Employment Change at 1.15 pm (GMT ) . If the data are positive and show a further improvement in the economy we see the price drop down further.
Today's Main Events :
9.00 at : EUR - Services PMI - measuring the activity of purchasing managers in the services sector .
09.30 GMT : GBP - Services PMI - measuring the activity of purchasing managers in the services sector .
10.00 GMT : EUR - GDP - measures the annualized change in the inflation - adjusted value of all goods and services produced by the economy
10.00 GMT : EUR - Retail Sales - measure the change in the total value of inflation - adjusted sales at the retail level. It is the main indicator of consumer spending , which make up the majority of overall economic activity .
13.15 GMT : USD - ADP Nonfarm Employment Change - a measure of the monthly change in non- farm , private employment, based on the payroll data of approximately 400,000 U.S. business clients . The release, two days before the government data , there is a good predictor of the government non- farm payroll report.
15.00 GMT : CAD - interest rate decision - Bank of Canada ( BOC ) governing council members come to a consensus about where to set the rate.Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
15.00 GMT : ISM Non - manufacturing PMI - calculated as an indicator of the overall economic condition for the non - industrial sector . The NMI is a composite index based on the diffusion indexes for four of the indicators with equal weights : Business Activity ( seasonally adjusted ) , New Orders ( seasonally adjusted ) , Employment ( seasonally adjusted ) and Supplier deliveries.
15.00 GMT : USD - New Homes Sales - measures the annualized number of new single-family homes that were sold during the previous month . This report tends to have more impact when it's released in advance of the existing Home Sales because the reports are tightly correlated
Market Review By TraderXP:
Oil traded near the highest level in four months in New York on signs of economic growth in the U.S. and after OPEC Secretary General Abdalla El-Badri said prices are not likely to fall this year.
13th August 2013 - Daily Market News
Both annual and monthly Japanese machinery orders beat expectations cause Asian stocks rise. Government reports showed that the growth of the Japanese economy slowed and reduced as a result of U.S. equities.
WTI crude oil traded higher fueled by speculation that U.S. inventories fall. Libya has its largest terminal for the export of oil closed and BP have reported that it was a mistake that has caused a drop in production. Gold falls as it begins to consolidate after a four-day rally.
The yen after a report that Prime Minister Abe is considering cutting corporate taxes weakened. The U.S. dollar index traded higher as investors speculate that future data will be strong and will lead to the reduction of monetary stimulus. Investors awaited German ZEW consumer confidence and U.S. retail sales data, which will be published later today. Retail sales in the U.S. have to be observed in the last 3 months, so the dollar for a good binary options trading.
Today's main event:
08:30 GMT: GBP - CPI y / y, m / m - measures the change in prices of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing and inflation
09:00 GMT: EUR - Industrial Production y / y, m / m - Industrial production is a measure of output of the industrial sector of the economy. The industrial sector includes manufacturing, mining and utilities. Although these sectors contribute only a small portion of GDP (Gross Domestic Product), they are very sensitive to interest rates and consumer demand. This makes Industrial Production an important tool for forecasting future GDP and economic performance.
09:00 GMT: EUR - ZEW Economic Sentiment - prices relative six-month economic outlook for the euro zone. On the index, a reading above zero optimism, below indicates pessimism. It is a leading indicator of economic health. The reading is compiled from survey of about 350 German institutional investors and analysts.
09:00 GMT: EUR - German ZEW economic sentiment - gauges the six-month economic outlook. One level above zero indicates optimism, below indicates pessimism. The reading is compiled from a survey of about 350 German institutional investors and analysts.
12:30 GMT: USD - Core Retail Sales m / m - measures the change in the total value of sales at retail in the U.S. without cars. It is an important indicator of consumer spending and is also considered a pace indicator for the U.S. economy.
12:30 GMT: USD - Retail Sales m / m - measure the change in the total value of inflation-adjusted retail sales. It is the most important indicator of consumer spending, which account for the majority of overall economic activity.
June 13, 2014 - Market News Daily
Today hot Assets: Oil, USD
Tensions escalated in Iraq yesterday as militants fought government forces seized the city of Kirkuk. Iraq is close to civil war and largest oil producer, a surge in oil prices would hinder the global economy. U.S. stocks fell because of the uncertainty and the market received worse than the Retail Sales and Jobless Claims data expected. At the close of the session S & P 500 0.71% lower and the Dow Jones 0.65% lower. Asian stocks, however, climbed today shrugging off turmoil. Following positive data, it seemed that China is pumping additional funds into the economy in an effort to boost the economy. Both China's Fixed Asset Investment and Retail Sales Expected to Beat positivity into the market and the Hang Seng closed 0.69% higher. The Nikkei added 0.83% after the Bank of Japan did not change its monetary policy and the dollar moved higher against the Yen.
WTI Crude soared as Iraq tensions intensified. The commodity is now trading above $ 107/barrel, the highest close since September. Iraq is the world's largest producer of oil on the 8th and a spike in prices could be bad for the economy. Wants the biggest threat to the market if militants took Baghdad and moved to the oil patch. Gold also climbed to the tension. Weakness in equities and weak U.S. data also helped push the metal to a high 3 weeks.
Key events today:
12:30 GMT: USD - PPI - measures the change in the price of goods sold by manufacturers. Is a leading indicator of consumer price inflation
14:00 GMT: USD - Michigan consumer sentiment - rates the relative level of current economic conditions and future
