14/04/2014 - April Daily Review
- Mark Densel
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14 April 2014 - Daily Market News
Hot assets Today : USD
The technology continued settlement at the end of last week , with companies like Facebook , Apple and Google are facing heavy losses . NASDAQ , the benchmark index for U.S. technology stocks suffered their worst day since 2011 decline of 3.1 % , or 129.79 points on Thursday . The feeling continued on Friday with the S & P 500 losing 0.95 % and the Dow Jones losing 0.89 % . The Asian stocks rose during the session today. Indices continued to enjoy advertising in China who are planning to connect the stock exchanges in Shanghai and the city , allowing investors to trade the stock markets of each. Merchants will be able to invest in sectors of the economy that were previously off limits , therefore , have more options out of state industries . The Hang Seng closed 0.03 % higher . The Nikkei , however , lost 0.36 % , as the yen remains strong relative to the U.S. dollar , to be negotiated around 101.5 yen . European stock markets opened the day lower extending last week's decline . During the first negotiations , the FTSE 100 was down 0.07% , the DAX was 0.43 % lower and the CAC 40 was 0.33 % lower .
WTI Crude gained 3% last week after consumer sentiment U.S. reached a nine-month high boost demand prospects . The EIA reported that production was lower during the month of March with Libya , Iraq and Saudi Arabia all about numbers much lower . Geopolitical tension in Ukraine is also supporting the commodity . Gold has met due to tension in Ukraine and following the meeting minutes released last week from the Federal Reserve . The record shows that the first increase in interest rate will not happen until the second half of 2015 at least , and when rates are high , it will be done slowly and measured . Most participants were in favor of a policy accommodative and lowered its projection of GDP , which was high for gold , sending the U.S. dollar lower. Traders should watch the sales data to retailers to be released today at 12.30 GMT .
Today Main events :
09:00 GMT : EUR - Industrial Production - measures the change of the total value adjusted for inflation of output produced by manufacturers , mines and utilities .
12:30 GMT : USD - sales Retail - measures the change of the total value of sales, adjusted for inflation in retail
16.45 GMT : USD - FOMC Member Tarullo Speaks - Due to speak at the New York Stock Exchange