24 March 2014 - Daily Market News

 

Today hot Assets: EUR

 

Last week, the market was moved by the statement the Fed 's Yellen and comments because they want to raise interest rates 6 months after the end quantitative easing . Stocks initially fell , but some ground blind following positive U.S. data . EU and U.S. then the intensified sanctions against Putin to pressure the Russian government to alleviate the global standoff other over Ukraine. Western nations have added more people in their list of assets freezes and travel ban pushed stocks lower and end of the week, the Dow Jones lost 0.17 %, the S & P 500 lost 0.30 %, and the Nasdaq lost 0.98 %. Asian markets were higher during today's session . Chinese HSBC Manufacturing PMI has below expectations sparking speculation that the weakness in the data could push Beijing to begin a fresh round of stimulus , as this would be the only way China can meet 2014 economic growth objectives. Hang Seng The closed 1.91 % higher with Nikkei closed 1.77 % higher as investors returned to the market after a public holiday . European markets are lower today as world leaders gathered in The Hague to discuss other tensions over Ukraine.

 

WTI crude ended higher on Friday as investors monitor the geopolitical tensions surrounding Ukraine. Today , data is weak from China that caused a dip in prices during the Asian session as it has sparked concerns about a slowdown in the second largest user of oil. In the coming week , investors will watch U.S. data that measure the strength of the economy , including the housing sector data , consumer confidence and durable goods . Gold ended the week with losses after the Federal Reserve decided to continue tapering and suggested interest rates could rise again as soon as 2015 . Metal is still declining today but with no major economic events can lower volatility .

 

Main Event Today:

 

08.30 GMT : EUR - German Manufacturing PMI - measure activity levels for purchasing managers in the manufacturing sector .

 

09.00 GMT : EUR - Services PMI - measure activity levels for purchasing managers in the services sector .

 

December 16, 2013 - Daily Market News

 

Today's Hot News : EUR

 

The House of Representatives passed a budget deal on Friday . Focus they are $ 85000000000 to reduce the purchase of the property will determine whether or not the meeting is now on the Feds from December 17 to 18 . The market is divided on what to expect , the Fed always said taper is dependent on the economic situation has improved recently, we have seen a series of positive data . U.S. stocks from the S & P 500 was down 0.01 % and the Dow Jones closed with little change by 0.1 % . The yen strengthened against the dollar as Asian stocks HSBC manufacturing PMI fell below expectations after coming out . Hang Seng declined 0.56 % and the Nikkei declined by 1.62% . European stocks opened mixed with but little change .

 

WTI dropped last week after inventory data . It further speculation that the Fed would begin tapering meeting after reaching a two- week low dropped . Negative manufacturing PMI data signal lower demand for the commodity fell during the Asian session . Feds investors are preparing for the outcome of the meeting, as gold is edging lower . Slightly weaker prices could push the price can encourage some physical demand .

 

Today's Key Events :

 

08:30 GMT : USD - German manufacturing PMI - measures the activity level of purchasing managers in the manufacturing sector

 

13:30 GMT : USD - NY Empire State Manufacturing Index - rates relative level of general business conditions in New York State .

 

Draghi speaks . That short-term interest rates as head of the ECB , the euro's value than any other person to have more impact .

 

14:15 GMT : USD - Industrial Production ( MoM ) - measures manufacturers , mines , and utilities output produced by the change in the total inflation-adjusted value .

 

 

 

 

September 9 , 2013 - Daily Market News

Tokyo tourism and the economy will result in the increase of the injection , which was given the right to hold the 2020 Olympics . Chinese trade balance 28.61B and Chinese data show the continued resilience of the economy is better than expected . This has led to an increase in Asian stocks . European shares gain , but also because investors are hesitant because Syria is increasingly limited .

Gold Nonfarm Payrolls on Friday was negative, despite the push by the United States is likely to tapering is still declining . Syrian crude imports in China is still very low , but the attention is focused on the losses were limited after falling WTI . Uncertainty in the binary options market, traders should be careful .

Today 's Main Event :

12.30 GMT : CAD - Building Permits ( mother ) - Measuring the change in the number of new building permits . Building permits , a key indicator of housing market demand .

23.00 GMT : GBP - RICS House Price Balance - a designated area of surveyors reporting a rise in house prices measured in percent . 0.0 % more surveyors reported an increase in price above a level indicator , the indicator also reported a fall . The latest price of surveyors reporting house price inflation , a leading indicator of access to data .

23.50 GMT : JPY - Monetary Policy Meeting Minutes - affect the decision on where to set interest rates , economic conditions in the in-depth insights that will contain detailed records of the Bank of Japan's policy setting meeting .

23.50 GMT : JPY - The Industry Activity Index ( mother ) - the total value of services purchased by businesses to measure change . It is a leading indicator of economic health .

 

 

 

 

Market Review By TraderXP

Gold price cycle has probably been, as the U.S. economic recovery is gaining momentum and the collapse of investment holdings, according to Goldman Sachs Group Inc, which reduced the outlook for the metal.

"In turn, the gold cycle, most likely, already begun," Goldman analysts wrote in a report after the prediction of the end of Bull Run in gold Dec. 5 note. "The latest collapse in gold ETF holdings stands in sharp contrast with our assumption that the ETF position werelikely from long distribution, and not short-term trading."

 

 

 

 

September 10, 2013 - Daily Market News

Earlier today , the Chinese industrial production and retail sales came out better than expected at 10.4% and 13.4 % respectively . Asian stocks have gained a ninth day as a result and Asia seems to be improving . European stocks also got and rally since opening . The attack on Syria seems increasingly unlikely that an agreement can be made based on the argument that Syria placing his chemical weapons under international control . Our inventories are inflated by this news .

If the fear of a Syrian military attack fade WTI also declined. Gold is also powered by Syria and because of speculation that withdrawal can start on next week's FOMC meeting. The price of gold should still visible binary options traders as NFP was lower than expected , so the slope can not start now , as it was originally stated that the reduction of the stimulus will depend on improvements in the labor market .

Today the main events :

12:15 GMT : CAD - Housing Starts - measures the change in the annual number of new homes that construction during the reported month began . It is a leading indicator of strength in the housing sector .

23:50 GMT : JPY - BSI large production conditions - measures business confidence in the manufacturing sector. The data come from a survey of the major Japanese manufacturers . It is an important indicator of the strength of the Japanese economy , which is heavily dependent on the industry . A level above zero indicates improving conditions , a level below indicates worsening conditions . This research may help in predicting the Bank of Japan Tankan Large Manufacturing Index , which is generally released about a week later .

23:50 GMT : JPY - CGPI ( MoM ) - measures the price development of domestic production and domestic second-hand goods with sample rates collected either from the manufacturer or wholesaler of these products.

 

 

 

 

December 17, 2013 - Daily News Market

 

Today Hot Assets : EUR , GBP , USD

 

The Federal Reserve begins a two-day meeting today where they will discuss their monthly monetary policy statement will thereafter be made ​​public . Currently The Fed bought assets worth $ 85000000000 every month and the aim of the meeting is to decide whether to start the taper amount . Positive U.S. data showed that the U.S. economy is improving and this alongside many budget has led to speculation that the scaling back bond purchases begin this month . As tapering means reducing their purchase but not completely expired yesterday and feeling strong U.S. stocks gained . The S & P 500 closing 0.63 % higher and the Dow Jones closed 0.82 % higher . Asian stocks were mixed as investors await the outcome of the meeting , the Nikkei closed 0.83 % higher while the Hang Seng closed 0.24 % lower . European stocks opened mixed . Investors should watch data later in the day including European Core CPI and ZEW Economic Sentiment and a host of figures from Britain .

 

After falling 1 % last week , WTI rose yesterday as the dollar fell . Political unrest continues in Libya and oil terminals and three were about to be reopened remain closed after rebel leader disagrees with the conditions imposed . The American Petroleum Institute is set to release data list again later today and investors expect to see an increase in gasoline stockpiles . Currently the price is trading flat as traders await Fed meeting to see what the outcome of that . Gold edged higher as the market appears to be divided over the fate of quantitative easing . Once we see the results of the meeting may cause a strong shift in the market , but until then the price can vary . Gold traders should watch U.S. data later in the day including CPI and the Current Account

 

Today Main Events :

 

09:30 GMT : GBP - CPI ( yoy ) - measures the change in price of goods and services from a user perspective . It is a key way to measure changes in purchasing trends and inflation .

 

10:00 GMT : EUR - Core CPI ( yoy ) - measures the change in price of goods and services from a user perspective . It is a key way to measure changes in purchasing trends and inflation .

 

10:00 GMT : EUR - ZEW economic sentiment - rates at six months relative economic outlook for the euro zone . On the index , a level above zero indicates optimism , below indicates pessimism . It is a leading indicator of economic health

 

13:30 GMT : USD ( MoM ) - Core CPI - it measures changes in the price of goods and services , excluding food and energy . The CPI measures price change from the perspective of the user . It is a key way to measure changes in purchasing trends and inflation .

 

15.30 GMT : GBP - BOE Gov Carney Speaks - Bank of England ( BOE ) Governor Mark Carney (July 2013 - June 2021 ) is to speak . As head of the Monetary Policy Committee of the BOE at ( MPC ) which controls short -term interest rates , Carney has more influence over sterling value than any other . Traders scrutinize his public engagements for clues about monetary policy in the future .

 

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