June 5 Daily Market

 

Market News

 

Wall Street ends down on fears the Fed could reduce incentives

Stocks ended lower on Tuesday, resuming their recent decline as investors sold growth-oriented sectors on speculation the Federal Reserve may slow the pace of its economic stimulus.

The move follows a retreat of about 2 percent in the last two weeks from the seven-month term benefits, which was mainly due to continued economic support from the central bank.

"It seems that perhaps investors are tiring at the time of long stock, while (the market has) been in this trading range. Was unable to renew their enthusiasm, and I think that's attractive investors to" lock in profits, said All Luschini, chief investment strategist at Jenny Montgomery Scott in Philadelphia.

He said that the S & P 500 seemed to be slowly approaching its 50-day moving average, which is around 1602.

"The market took the form of heavy feel to it," he added.

Growth-oriented sectors have been hit the hardest, a switch from last week, as investors took profits in high-dividend stocks. S & P financial index fell 0.9 percent, while the index of telecommunications grew by 0.9 percent.

Kansas City Federal Reserve Bank President Esther George, who relentlessly criticizes the bond-buying program and voted against it at every meeting of the Fed this year, once again called on the Fed to come off its aggressive purchases. George said that the slowdown in bond purchases would help wean the financial markets and their dependence on ultra-easy money from the U.S. central bank.

Index Dow Jones Industrial Average fell 76.49 points, or 0.50 percent, to 15,177.54. 500 The Standard & Poor's was down 9.04 points, or 0.55 percent, to 1,631.38 during the day, but remains at 14.4 percent for the year.

The Nasdaq Composite Index was down 20.11 points, or 0.58 percent, to 3,445.26.

Dow decline over a 20-week contract revenue on Tuesdays.

All three indexes were down more than 1 percent during the session. Intraday volatility of the market has picked up since minutes from the last meeting of the U.S. central bank and recent remarks by Fed Chairman Ben Bernanke has heightened concerns the Fed may lower the rate of its bond-buying program sooner than expected.

Market breadth was also negative, with advancers outpacing decliners on the New York Stock Exchange by almost 12:58.

Dollar General Corp fell 9.2 percent to $ 48.64, the worst performer on the percentage of S & P 500, after the discount chain cut off the top end of its full-year profit forecast. The company also warned that slows the growth of sales and reduced margins as frugal shoppers make it difficult to raise prices.

Salesforce.com Inc shares slid 7.9 percent to $ 37.80 after it said it would pay $ 2.5 billion for marketing software maker ExactTarget ExactTarget Inc. shares rose 52.4 percent to $ 33.69.

Driving Salesforce.com decline was investors' fears that the rate at $ 33.75 per share, will reduce the margin in the near future.

Although defensive sectors have outperformed the sector growth in most of the rally this year, they look less attractive to the second half of the year, Goldman Sachs analysts wrote in a research note. They recommend underweighting health care and consumer products.

Trading volume was about 6.8 billion shares traded on the New York Stock Exchange, Nasdaq and NYSE MKT, slightly above the average daily volume of closing about 6.4 billion shares this year.

Advancers outpaced decliners on Nasdaq at 12:58

 

October 6 , 2013 - News daily market

 

Asset today 's hot : EUR

 

U.S. stocks fell, investors are awaiting the release of key economic data. Tomorrow will release its quarterly GDP of U.S. Nonfarm figure salaries Friday , following. Shall be on the Federal Reserve and economic information on the incoming closely monitor the progress in the labor market in the coming months as far as the financial outlook is better. S & P 500 0.28 % lower , and closed the Dow Jones closed 0.13 % lower . Asian stocks rose earlier in the session as the yen weakened against the dollar (Non - manufacturing PMI ism following positive) and Nikki closed 0.79 % higher . Hang Seng was mixed throughout the session as traders speculating that the Chinese leaders of the party 's economic reforms to give another meeting this weekend , closed 0.01 % higher . European stocks have started the session with little change.

 

WTI has been falling recently due to higher demand and lower supply. It rebounded through the Asia session , I began to come up to the price of entry into the oversold to the market, and the merchants made ​​the price. The price of gold is fluctuating . Impoverished pressed brass hope . All the positive U.S. data adds to speculation that the Fed quickly as possible to reduce monetary stimulus.

 

Main interest rates today :

 

08.00 GMT : GBP - Halifax House Price Index ( Mom ) / ( YoY ) - measures the change in price of the houses and properties financed Halifax bank of Scotland ( HBOS ) , one of the UK 's biggest mortgage atmosphere. In the window is a sign of the prince there is no health care.

 

9.00 GMT : EUR - Services PMI - measures the activity level of purchasing managers in the services sector. The report , based on surveys of about 600 executives in the private business sector services companies . Traders watch these surveys closely purchasing managers usually early access to information about the company's performance , which can be a leading indicator of overall economic performance.

 

09.30 GMT : GBP - industrial production ( Mom ) / ( YoY ) - measures the change in the total inflation - adjusted value of output produced by manufacturers , mines, and utilities .

 

09.30 GMT : GBP - The latest survey ( Mom ) / ( YoY ) - measures the total change in inflation - adjusted value of output produced by manufacturers . Maintain a ratio of approximately 80 % of the overall industrial production .

 

10.00 GMT : EUR - Retail sales ( Mom ) / ( YoY ) - changed the retail sales total price inflation - adjusted level. The first index is spending, on which part of the economy

 

11.00 GMT : EUR - German football Orders ( Mom ) - measures the change in the total value of new purchase orders placed with manufacturers so long and so not durable goods . Is a leading indicator of production.

 

April 29, 2014 - Daily Market News

 

Hot assets of today : GBP, USD, CAD, yen

 

After the news of the merger and potential Pending Home Sales data plus , U.S. stocks were higher primarily . S & P500 closed at 0.53 percent sales Dow Jones was closed at 0.32 percent higher . The gain , after it was confirmed that for the acquisition of $ 100 billion equivalent , Pfizer is close to AstraZeneca , Pfizer and Microsoft has been led . However , companies such as linked by subtracting the low refractive index Amazon like this , and Netflix , by off of technology stocks and the Internet , in order to sell other , Nasdaq , were down slightly . Shares in Asia were good and close at 1.45% of sales News Next revenue from Hansen and Agricultural Bank of China and Bank of China . May remain on holiday , it was closed , the Japanese market , remained at 14,228.23 Nikkei that way . In the European market , after another round of earnings , high large , it is today . The FTSE 100 in London , at 0.71% maximum , though it is up to 0.42% , at the moment , the DAX, CAC 40 in France is 1.19% maximum .

 

WTI crude oil is climbing after applying the new sanctions on Russia in the west . EU imposes sanctions on officials of Ukraine 15 , the United States imposed sanctions on 17 companies and seven Russians . Energy supply has not been affected yet, but the risk is present in the market yet . According to the traders , now , from the API of today for tomorrow and later it will look to the inventory data from the EIA. Last week , EIA is as reported record profits , this will be closely monitored . Previously , gold has fallen of FOMC minutes to be announced tomorrow . The Federal Reserve , we will continue to pace their current taper , there is expected to reduce the quantitative easing of $ 10 billion further .

 

The main event of the day :

 

08.30 GMT: GBP - gross domestic product - the value of the inflation -adjusted goods and services of all generated by economic measures the change in annualized

 

Level of consumer confidence in economic activity measures - CB consumer confidence - USD: 14.00 GMT.

 

For testimony , Ottawa in front of the house financial Commons Standing Committee - Governor Poloz Contact language BoC - CAD: 19.30 GMT

 

Change of total inflation-adjusted value measures manufacturers , mines, and the output is generated by the utility - circle - industrial production : 23.50 GMT

 

November 7, 2013 - Daily News Market

 

Today's Hot Assets : EUR

 

U.S. stocks rise as there is speculation that the next NFP report will not be strong enough to support the taper . S & P 500 closed 0.43% higher and the Dow Jones closed 0.82 % higher . Asian stocks also fell as investors await the outcome of the upcoming U.S. data . Investors are also awaiting the outcome of the ECB 's policy meeting later today. Nikkei closes 0.76 % lower and the Hang Seng closed 0.75 % lower . European stock reached its highest level in 5 years during the session yesterday. They have opened slightly lower today amid speculation that ECBB can reduce the rate to help the economic recovery . Traders should look out for the European interest rate decision at 12:45 GMT and the ECB Press Conference at 13:30 GMT.

 

WTI rose to its highest level in five weeks after the United States after U.S. gasoline stockpiles declined and oil supplies rose less than expected. It closed lower in Asian session as traders are hesitant to make any moves before the data reach the market . The price of gold has begun. Salary payrolls will be released tomorrow at 13:30 GMT.

 

Key events today:

 

11:00 GMT : EUR - German Industrial Production - measures the change in the total inflation adjusted value of output produced by manufacturers , mines , and utilities.

 

12.00 GMT : GBP - BoE QE Total - The Bank of England electronically creates new money and uses it to buy gilts from private investors such as pension funds and insurance companies.

 

12.00 GMT : GBP - Interest Rate Decision - monetary policy committee of the Bank of England ( BOE ) vote on where to set the pace . Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation .

 

12:45 GMT : EUR - Interest Rate Decision - six members of the European Central Bank ( ECB ) Executive Board and the 16 governors of the euro area central banks vote on where to set the pace . Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation .

 

13:30 GMT : EUR - ECB Press Conference - The European Central Bank ( ECB ) held a press conference every month , about 45 minutes after the Minimum Bid Rate is announced. The conference is about an hour long and has two parts. First, the statement read , then the conference is open to press questions. Press conference examines the factors that affect the ECB's interest rate decision and deal with the overall economic conditions and inflation . Most importantly, it provides guidance about future monetary policy .

 

13:30 GMT : USD - Continuing Jobless Claims - measures the number of unemployed individuals who qualify for benefits under unemployment insurance .

 

13:30 GMT : USD - GDP - measures the annual change in the inflation-adjusted value of all goods and services produced by the economy. It is a broad measure of economic activity and the primary indicator of economic health .

 

13:30 GMT : USD - initial unemployment claims - measures the number of individuals who filed for unemployment insurance for the first time last week . This is the earliest U.S. economic data , but the market impact varies from week to week.

 

19:00 GMT : EUR - ECB President Draghi Speaks - Mario Draghi (born 3 September 1947 ) was an Italian bank and the economy has been a successful governor of the Bank of Italy and Jean Claude Trichet as President of the European Central Bank from November 2011. As head of the ECB , which controls short-term interest rates , he has more influence on the EUR from any other person

 

January 24 , 2014 - Daily Market News

 

Hot Property today : iyayaashu / USD

 

The U.S. Stock indices ended up on a red . Mr Konare , decreased -0.59 % , S & P500 by -0.89 % . The main attention was yesterday Most Corporation , which lost 8.7 % on NYSE . However, the S & P500 index was down often due to poor performance Bank (Bank of America -1.69 % , -2.27 % in kobocsan knowledge , Tawakal -1.69 % ) . Obstruction of the market price of Gold to increase and reach the highest price in the 5 - week $ 1,265 / ounce . Today, we pay attention to Canadian CPI data which predicted -0.4 % . We also will see Mario Draghi ( President of the European Central Bank ) to speak at 5.00pm ( GMT ) .

 

The iyayaashu / USD pair increased to the highest levels since May 2011 . With the lack of information should we expect some return value and correction technique down . On / USD euro we see may increase the movement of some gubnay , market sentiment can on the Euro .

 

Milestones today :

 

09.30 GMT : iyayaashu - BBA Mortgage approval - measures the number of new loans approved by banks BBA - Shabaab during the first month . It includes more than half of the total UK mortgage market . It provides information about the buyers in the housing market in the UK

 

13.30 GMT : CAD - Core CPI - measures changes in prices of goods and services , excluding food and energy . The CPI measures price change from the perspective of the customer

 

The main U.S. index futures pointed to a lower opening on Wednesday, reflecting the mood of a careful arrangement of traders among some disappointing economic data. In a report released earlier in the day showed that the U.S. private sector added far fewer jobs than expected. The report considered the forerunner for non-agricultural report of the Ministry of Labor wage bill is likely to increase uncertainty about the latter. Thus, the markets were able to observe the session in which the lack of direction, if the results of a survey of the Institute for Supply Management did not lead them in a certain direction.

 

U.S. stocks fell on Tuesday as concerns about trimming the stimulus the Fed came back to haunt investors. The major indexes opened higher after a report showed the U.S. trade balance widened by less than expected. After moving with modest results before the end of morning trading, indexes fell below the line unchanged. The indices were down after that, before paring back some of the losses in late trading.

 

Industrial Dow fell 76.49 points, or 0.50 per cent to 15,178 and S & P 500 Index closed 9.04 points, or 0.55 per cent lower in 1361, while the Nasdaq Composite closed at 3445, up 20.11 points, or 0.50 per cent.

 

Nineteen of the thirty Dow components closed lower, with Alcoa (AA), Boeing (BA), Bank of America (BAC), Home Depot (HD), Hewlett-Packard (HPQ), IBM (IBM), Microsoft (MSFT) and United Technologies (UTX), leading declines. On the other hand, Coca-Cola (KO), Merck (MRK) and AT & T (T) advanced features.

 

Gold, biotechnology, oil, banking and retail stocks were among the outsiders of the session.

 

Currency, commodity markets

 

Crude oil futures are rising $ 0.46 to $ 93.77 a barrel after slipping $ 0.14 to $ 93.31 a barrel on Tuesday. An ounce of gold is currently trading at $ 1,403, up $ 5.80 from the previous session, closing at $ 1,397.20. In the previous session, the precious metal fell to $ 14.70.

 

Among currencies, the U.S. dollar traded at 99.62 yen compared with 100.03 yen it brought at the close of New York trading on Tuesday. Against the euro, the dollar is valued at $ 1.3073 compared with $ 1.3081 yesterday.

 

Asia

 

Major Asian markets fell across the board, stung by the negative lead from Wall Street overnight and the uncertainty of the prospects of monetary policy in the U.S. Some sour domestic economic reports and the strengthening of the yen, despite the policy measures announced by the Government and weighed on the markets.

 

Japan's benchmark Nikkei 225 average does not move in a nervous way to the end of the day, moving in and out of positive territory before declining sharply thereafter. The index fell 518.89 points, or 3.83 percent to close at 13,015. Sale was broad based, with Tokyo Electric Power falling 16.31 percent and leading declines.

 

Australia All Ordinaries opened little changed, but fell sharply in the first half of the day. After the index is shifted toward before closing 61.50 points, or 1.26 per cent in 4825, while domestic GDP data disappointed to the downside. The market witnessed a broad-based sell-off, financial and energy stocks leading position below.

 

Hong Kong's Hang Seng Index closed at 22,069, up 216.28 points, or 0.97 percent. The averages in Singapore and South Korea slipped 1 percent each.

 

On the economic front, in his speech, touted as a "third arm" growth strategy, the Japanese Prime Minister Shinzo Abe laid out a plan to rejuvenate the ailing economy of the country with plans to increase per capita income by 3 percent per year, to increase capital spending by 10 percent during the the next three years, and set up special economic zones to attract foreign companies. But the lack of specific details have disappointed investors.

 

Measure of activity in the Chinese service sector showed little change in the levels of activity in May. Data collected by HSBC and Markit Economics showed that the index of business activity in the service sector grew only by 0.1 points to 51.2. The composite index, which measures activity in both manufacturing and non-production sector fell to 50.9 from 51.1 in April.

 

A report published by the Australian Bureau of Statistics showed that Australia's first quarter GDP grew by 0.6 percent quarter over the previous quarter. Economists had expected a greater expansion of 0.8 percent.

 

Europe

 

European stocks are also seeing weakness, as the economic problems of stress released some lukewarm economic data. Traders also exercised caution ahead of the U.S. employment data.

 

In economic news, the final estimates released by Markit Economics, showed that private sector activity in the euro area declined at a slower pace in May. The final composite output index rose to 47.2 in May from 46.9 in April. The reading was in line with the initial estimate. Reading the service sector was revised down to 47.2 from 47.7.

 

In the survey, Markit Economics and the Chartered Institute of Purchasing and Logistics showed that the index is seasonally adjusted purchasing managers for the UK service sector rose to 54.9 in May from 52.9 in April, marking the fifth consecutive growth. The index was forecast to rise to 53.1.

 

The revised GDP estimates released by Eurostat showed that the euro zone economy contracted by 0.2 percent sequentially in the first quarter, according to estimates. A separate report released by Eurostat showed that retail sales fell 0.5 percent month over month in April compared with a 0.2 percent drop in March. Economists had expected a drop of 0.2 percent.

 

 

November 8, 2013 - Market News Daily

 

Today's Hot Assets : USD , GOLD

 

Yesterday , many of the fundamental data was released on the market. The ECB lowered its interest rate to 0.25 % causing the euro to plummet . U.S. data was also released and was mostly positive. GDP came on expectations showing that the U.S. economy expanded by 2.8 % in the third quarter . Continuing Jobless claims were also positive . The data supported speculation that the Fed may start tapering sooner than thought . U.S. stocks fell sharply following the figures , the S & P 500 closed 1.32 % lower and the Dow Jones closed 0.97 % lower . Asian stocks also fell , the Hang Seng closed 0.6 % lower and the Nikkei closed 1 % lower . European stocks climbed yesterday but opened negative numbers after Standard and Poor's Credit Rating cut France. Investors will now focus on the NFP report will be released at 13:30 GMT .

 

WTI dropped yesterday and is now ranging after rebounding slightly. Prices have been falling recently as decimal supply showed a higher but lower demand. The price is also under pressure after China crude imports fell to their lowest level in a year . Gold fell yesterday after positive U.S. data . The metal fell 22 % this year driven by speculation of stimulus . Commodities traders will likely await the outcome of the nonfarm payroll figure before making any moves today.

 

Today's key events :

 

13:30 GMT : CAD - Changing Jobs - measures the change in the number of persons employed . Job creation is an important indicator of consumer spending .

 

13:30 GMT : USD - Nonfarm payroll - measures the change in the number of employed people during the previous month , excluding the farming industry . Job creation 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 total labor force that is unemployed and actively seeking employment during the previous month .

 

20:30 GMT : USD - Fed Chairman Bernanke Speaks - Federal Reserve Chairman Ben Bernanke (February 2006 - January 2014 ) is to speak . As head of the Fed , which controls the short term interest rates , he has more influence on the value of the U.S. dollar than any other person . Traders watch his speeches closely as they are often used to drop hints about future monetary policy .

 

April 30, 2014 - Daily Market News

 

Today's Hot assets: EUR , GBP , USD , oil

 

Technology stocks again yesterday, dragging U.S. stocks higher. Risk appetite returned and investors focused on the FOMC statement will be released today 06:00 GMT . Recent U.S. data has been mostly strong and has shown continuous improvement in the economy , and tāFed is expected to continue the current pace of tapering and reducing quantitative easing Arwel $ 10 billion . At the end of the session , the S & P 500 was 0.48% higher unDow Jones was 0.53% higher. Asian markets were mixed . Hang Seng lost 1.43 % , after earlier rally following disappointing corporate earnings . Nikkei , however, gained 0.11% , after kadJapānas Bank about any change in the monetary policy izraisajena decline slightly , and stocks to get . European stocks began the day mixed before CPI data will be released at 09:00 GMT . The lower than expected number could push Draghi , monetary easing to increase and thereby weaken the euro .

 

WTI Crude dropped the after strict inventory released data showing an increase in inventories increases spekulācijasIVN will report similar results today . The EIA reported that inventories last week rose to the highest level on record , and clearly this is bearish for the price. Gold falls before Fed statement and U.S. data later in the day . Tapered has pushed gold lower than parastimetāla moves inversely to the dollar , which strengthens as quantitative easing is reduced. U.S. data will be the focus for commodity traders throughout the day, including ADP Nonfarm Employment change 12:15 GMT and 12:30 GMT on GDP .

 

Today's key events :

 

09:00 GMT : EUR - CPI - measures changes in the prices of goods and services from a consumer perspective

 

12:15 GMT : USD - ADP Nonfarm Employment Change - measure monthly changes in non- farm , private sector , based on salary , approximately 400,000 U.S. business clients

 

12:30 GMT : C - GDP - measures of annual changes in inflation -adjusted value of all goods and services produced by the economy

 

12:30 GMT : U.S. - GDP - measures the annual change in inflation -adjusted value of all goods and services produced by the economy.

 

18:00 GMT : USD - FOMC statement -chief instrumentspaneļa uses to communicate with investors about monetary policy.

 

18:00 GMT : USD - Interest Rate Decision - The Federal Open Market Committee ( FOMC ) members vote on where to set the rate . Traders watch interest rate changes , as short-term interest rate is a major factor in currency valuation .

 

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