REVIEW

 

The ECB left its key interest rate unchanged at 0.5%. This decision was widely anticipated. Improvment PMI indicators of the dynamics in most EU countries affected. The regulator does not see deterrioration situation in the region, and that was a condition of easing monetary policy. Interestingly, the information from the ECB was on the news on the continuation of unemployment in France. This figure reached 10.8% already. This is the highest number since 1998. Nevertheless, the ECB forecast for the EU economy has become more pessimistic. If earlier it was expected that the results of the annual EU GDP going to fall by half a percent, now the number will be revised down to -0.6%. The data for the second quarter look pretty bad. Retail is reduced by 3 months. In addition, according to information published on Thursday, the number of German manufacturing orders fell by 2.3%. Nevertheless Draghi forward to the recovery in the second half of the year. Draghi made an interesting comment on the discussion of a wide range of measures to stimulate the economy, which is beyond the control of interest rates. Among other measures, there is a correction of deposit rates to negative values, and loans of the banking sector by the ECB. This is an attempt to somehow revive lending to small and medium-sized businesses. Anyway Draghi concluded that in the meantime, the ECB sees no reason for too active steps in these directions. European inflation at 1.4%. This is less than the number of ECB target of 2%. But the head of the ECB is not associated with the threat of deflation, and suggests that the current situation may give some support to the consumer sector. In his view, low inflation is one of the three main pillars of the European economic recovery, along with two others: the growth of exports and adaptive ECB policy. To rounding, there NFP report published today. As is usually assumed to affect the markets a lot, so it is strongly recommended to keep an eye on it.

 

TECHNICAL ANALYSIS

 

EURUSD

 

Euro breaks above resistance at 1.3242. It involves the resumption of uptrend from 1.2747. The next target on the upside is 1.3400. A further increase is possible after some consolidation. Supports up to bias the trend. If it holds, the bullish trend is likely to continue.

 

 

USDJPY

Reducing couples' passes in price from 95.92. The next downside target at 95.00 area. Resistance coincides with an oblique downward trend line. Only a strong break above it will suggest the end of the bearish trend.

 

 

GBPUSD

Pound overcomes resistance around 1.5605. Further improvement is expected with the immediate goal of 1.5800. Support for the upward trend line. A break below this level will signal the end of an uptrend.

 

 

 

 

Economic Calendar

 

8:30 GBP Trade Balance

10:00 EUR German Industrial Production (MoM)

12:00 BRL Brazilian CPI (YoY)

12:30 CAD Employment Change

12:30 CAD productivity (QoQ)

12:30 CAD Unemployment

12:30 USD Average Hourly Earnings (MoM)

12:30 USD Average Workweek

12:30 USD Nonfarm Payrolls

12:30 USD creation in the private sector Nonfarm

12:30 USD Unemployment

13:00 MXN Mexican CPI (YoY)

14:00 MXN Mexican interest rate decision

 

September 3, 2014 - Daily Market News 

 

Today's Hot Assets: GBP, USD, Oil 

 

U.S. stocks mixed data with a slightly geriledi.ısm Manufacturing PMI data, however, falling oil prices and energy shares lead to a reduction since May 2011 quickly grew and the United States for the positive economic outlook çizdi.s & P 500 0.05% lost and the Dow Jones 0.18% lost. Dollar higher against the yen following a large manufacturing data as 8 months climbed in Asian markets in the region tırmandı.do 105.158 yen trading at 105.3 yen compared to the previous day gördü.piyas also reacted to a possible reform of the pension fund. Japanese Prime Minister, Shinzo Abe, the current Liberal Democratic Party deputy policy chief, Yasuhisa Shioza, the Government Pension Investment Fund managers can do. This report speculation that pension funds to shift to riskier assets following positive data artırdı.hang Seng China gained 2.17%. European markets are discussed in Ukraine as a potential fire higher today. France's CAC 40 up 1.13% and 0.76%, while London's FTSE 100, DAX currently is 1.19%. 

 

USA New York Mercantile Exchange long weeks later opened to replace the WTI crude sharply yesterday reddetti.da with the slow economic recovery have been pointed and less demand may lead to data from China over concerns with the açıklanabilir.fiyat now 20:30 GMT ahead of the API report climbs. Gold continues to drop and 5.2-month low as dollar strengthens trades. Geopolitical tensions, and now the price drop at the same time support. Markets now from the ECB interest rate decision tomorrow and Friday's NFP report is waiting for the United States. 

 

Today's Key Events: 

 

08:30 GMT: GDP - Services PMI - services sector, the activity level of purchasing managers in the measure. 

 

14:00 GMT: CAD - Interest Rate Decision - Bank of Canada (BOC) to adjust the speed governing council members where a compromise is coming. Short-term interest rates as investors closely primary factor in currency valuation changes of interest to watch.

 

January 27, 2014 - Daily Market News

 

Today's Hot Assets : WTI Crude Oil, USD

 

U.S. stocks fell on Friday after global concerns about emerging markets. This caused a risk-off trading session , which caused demand for safe-haven currencies and commodities , such as the Japanese yen and gold. Weak Chinese data supported a reduction in emerging markets , which led investors shy away from U.S. stocks . At the end of trading hours on Friday, the U.S. markets closed lower , sDow Jones falls to 1,96%, S & P 500 fell 2.09 % and the Nasdaq fell 2.15% . European stocks also followed the same downward trend, poslerazgroma emerging-market currencies increased concerns about the global economic recovery. Asian markets also fell in morning trading after news of the widening trade deficit in Japan and increasing concerns about the continued narrowing in the U.S. Federal Reserve can affect economic growth in Asia . At the opening session , the Hang Seng index in Hong Kong fell 2.11 %, while Japan's Nikkei 225 fell 2.51% .

 

WTI Crude Oil is the largest profit encountered as weather conditions in the U.S. increased demand for heating oil . Stocks in the United States recently showed lower figures showed an increase in demand growth rates . Gold also showed an increase in prices on Friday as shares , investors turned their attention to safe-haven currencies such as gold . The price of gold is now starting to decline slightly as investors consider the consequences of a possible further reduction of monetary stimulus to the U.S..

 

Today's main event:

 

0900 GMT : EUR - German business climate index LFO - rate the current German business climate and measures expectations for the next six months. It is a composite index based on a survey of manufacturers , builders, wholesalers and retailers .

 

15.00 GMT : USD - sales of existing homes - measures the change in the annualized number of existing residential buildings that were sold during the previous month .

 

18:00 GMT: EUR - German Buba President Weidmann Says - Deutsche Bundesbank ( Buba ) President Jens Weidmann has to say . As president of the Bundesbank and a member of the ECB , which controls key short-term interest rates , Weidmann has some influence on the value of EUR

 

May 1, 2014 - Daily Market News

 

Today's Hot Property : USD EUR

 

In the FOMC statement released vakarFED that they would reduce the quantitative net yradar $ 10000000000 , irpagrindinis rate will remain unchanged at zero. They also said kadekonomika gaining momentum and that economic activity has picked up recently added optimism markets. U.S. stocks rose with the Dow Jones closing at 16,580.84 and the entry of the S & P 500 finished 0.3 % higher. Asian shares were mixed. Japanese stocks added to gains after positive earnings news from companies such as Fujitsu and the Nikkei closed 1 27% higher. market in Hong Kong , China and South Korea remained closed for the May 1 holiday . market also finished in France and Germany working day. FTSE 100 , however , gained after strong manufacturing and housing data .

 

WTI Crude continues to decline and moved below $ 100 / barrel for forgiveness kadnaujos generation sanctions against Russia probably will not affect supply . The EIA also reported that crude inventories rose 1.7 million barrels last week , lifting the commercial crude stocks to 399.4 million barrels. Taididžiausia weekly total on record. Gold also fell nescentrinis Bank will continue to taper process. Now attention will turn to tomorrow's nonfarm payroll report.

 

Today's main events:

 

13:30 Time Zone : USD - Fed Chairman Yellen Language - The Independent Community Bankers speak of America's annual Policy Summit in Washington, DC

 

13:30 Time Zone : USD - Jobless Claims - priemonėsasmenų who filed for unemployment insurance for the first time in the last week.

 

15:00 Time Zone : USD - ISM Manufacturing PMI - based on data compiled from monthly replies to questions asked of purchasing and supply managers of more than 400 industry data . For each of the indicators measured in this report shows the percentage reporting each response , the net difference between the number of responses in the positive economic direction of negative economic direction and the diffusion index .

 

18,30 Response: GBP - MPC Cunliffe state language - to speak the Worshipful Company of International Bankers in South London

 

Aug 4, 2014 - Daily Market News 

 

Below expectations as it came out of Friday's non-farm payroll data disappointed the market. During the month of July, the U.S. economy added 209,000 jobs. It still adds 200,000 jobs, but missed forecasts as the sixth month was slightly positive. The unemployment rate edging up to 6.2 percent, a little more left. After results, U.S. stocks closed lower at S & P 500 0.29 percent and the Dow Jones closed 0.42 percent lower, more dropped. Asian markets were mixed today. Dollar trading at ¥ 102,53, rise against the yen as the Nikkei declined 0.31%. Strengthen banks Hang Seng gained 0.28%. Investors week after a policy meeting of the European Central Bank are expected as European markets are higher today. London's FTSE 100 up 0.44 percent and Germany's DAX up 0.11%, while currently, CAC 40 up 0.51 percent. 

 

WTI crude refinery in Coffeyville declined to less than 6 months after the fire. Fire low demand and refinery could shut for 4 weeks. Operations already recently been added to the list as it was at first. In the face of the reduced demand for oil is waning. Gold is trading above a 6-week low. Will not raise interest rates soon resulted in speculation that, which was worse than expected NFP data came below. However, the benefits of metal, as luster has worn it was limited. Today's data so we can not see any significant movement is a quiet day.

 

Daily market news: June 10, 2013

Posted by Beth Fields: TradeRush Binary Options Market Analysis June 10, 2013 at 8:22 am

June 10, 2013 - Binary Options Daily Analysis

 

Crude oil Given the large increase in this Monday!

 

There have been some impressive gains made against the dollar in early morning trade, but the euro was to make some big losses. There has been a lot of effort when the aggravation of leading shares recently. Commodities are weak as binary options traders aside to diversify their trading portfolios.

 

Home Today's events:

 

The data from the euro zone should be positive for the euro back in a few hours

 

6:00 GMT JPY Consumer Confidence - Level composite index based on surveyed households, with the exception of one person at home. Survey of about 5,000 households which asks respondents to rate the relative level of economic conditions, including the general livelihood, income growth, employment and conditions for major purchases.

 

07:45 GMT EUR French Industrial Production m / m - Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment and income.

 

8:15 GMT EUR Retail Sales y / y - change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gasoline stations. It's a leading indicator of consumer spending, which accounted for the majority of overall economic activity.

 

13:15 GMT CAD Housing Starts - the annual number of new residential buildings that began construction during the previous month. This is a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, creates jobs for construction workers, subcontractors and inspectors to work, as well as various construction services are purchased builder.

 

4th September 2014 - Daily Market News 

 

Today's Hot Assets: EUR, GBP, USD 

 

US stocks finished mixed due to uncertainty ahead of the ECB and NFP says. The data came mainly aim and Beige Book showed that the Fed is sticking with their forecast of moderate growth. The S & P 500 closed 0.08% lower, while the Dow Jones closed 0.06% higher. Asian stocks fell across the region. The Nikkei lost 0.33% as the yen strengthened slightly, trading at ¥ 104,89 compared to ¥ 105,05 the previous day. The Bank of Japan released its monetary policy statement and, as expected, decided to maintain the current level of 60-70 trillion record relaxation. The Hang Seng lost 0.08% after a rally triggered by speculation that stimulus can be added to the economy. European markets are higher when the ECB lowered its interest rate to 0.05% sending the Euro lower. Attention will now turn to the press conference hosted by Mario Draghi. Currently, the CAC 40 is up 0.46%, while the FTSE 100 in London up 0.32% and the German DAX is up 0.02%. 

 

WTI Crude fell after disappointing Chinese data which suggests there could be a reduction in demand. However, the API then reported that supplies fell 500,000 barrels during the last week pushing the price back up. The EIA will release a separate report today at 15:00 GMT. Gold trading choppy around a low 11 weeks as the dollar strengthens. Investors are reluctant to trade the metal ahead of tomorrow's report NFP. 

 

Today's Main Events: 

 

11.00 GMT: GBP - Interest Rate Decision - Bank of England (BOE), the members of the monetary policy committee vote on where to set the speed. Traders watch interest rate changes closely and short-term interest rates are the primary factor in currency appreciation. 

 

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

 

12.15 GMT: USD - ADP Non-Farm Employment Change - a measure of the monthly change in non-farm, private sector employment, on the basis of salary of about 400,000 US business customers. 

 

12.30 GMT: EUR - ECB Press Conference - Scheduled monthly, about 45 minutes after the Minimum Bid Rate is announced 

 

14 00 GMT: USD - Non ISM Manufacturing PMI - calculated as an indicator of the overall economic situation in the non-manufacturing sector.

 

January 28, 2014 - Daily Market News

 

Today's Hot Bureau of Foreign Assets : GBP , USD

 

U.S. stocks fell yesterday amid concerns that emerging market economy may slow down. Uncertainty about the Fed stimulus is still present and affecting negatively the market . Fed meeting is now in progress and will conclude tomorrow . The close of U.S. trade , the Dow Jones fell 0.26 % , the index S & P 500 fell 0.49 % . Asia was given a negative lead from the U.S. , the Nikkei 225 Hang Seng guide below . They fell 0.17 % and 0.07 % respectively . European stocks opened higher following a three- day losing streak.

 

WTI is trading near the low weekly stockpile ahead of the API data later today at 9.30 pm ( GMT ) . Investors are expecting a rise in stockpiles from the U.S. . Markets will also be watching U.S. durable goods data due out at 1.30 am ( GMT ) as well as consumer confidence at 3 pm ( GMT ) to measure the strength of the economy . Gold is an inch lower ahead of FOMC statement on Wednesday . Physical demand also weaker after the price before they reach a height of 2 months . The market will probably be so from now until release .

 

Today Main Events :

 

09.30 GMT : GBP - GDP - measures the change in the annualized inflation - adjusted value of all goods and services produced by the economy .

 

13.30 GMT : USD - Core Durable Goods Orders - measures the change in the total value of new orders for long- lasting manufactured goods , including transportation items . Because the flight booking is very volatile , the core number gives a better measure of trends do

 

15.00 GMT : USD - CB Consumer Confidence - measures the level of consumer confidence in economic activity . It is a leading indicator as it can predict consumer spending , which plays a major role in overall economic activity .

 

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