27/01/2014 - January Daily Review
- Mark Densel
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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