08/04/2014 - April Daily Review

April 8, 2014 - Daily Market News

 

The Assets : USD, GBP

 

Selling high- growth stocks continued yesterday . Investors continue to be faced with technology shares , after interest , which began on Friday . Therefore , markets fell sharply in the United States . Closing session of S & P 500 was 1.08 percent lower , ending below the key 1,850 level technology , while Dow Jones was 1.02 % lower . Asian stocks ended mixed in Technology shares also decreased. Sony Corp lost 2.5 % , while Yahoo Japan Corp lost 2.3 % . The Nikkei lost 1.36 % after Bank of Japan left its policy unchanged , indicating that the economy is improving at a moderate pace . This caused the Yen strengthened against the U.S. dollar , as the dollar fell to ¥ 103,09 - from ¥ 102,69. The Hang Seng closed 0.98 % higher at Tencent Holdings released , it spent 76.7 million Hong Kong dollars in stock buybacks. European markets started the day lower , as it seems to be escalating tensions in the country once again .

 

WTI Crude rises ahead of inventory data later in the day from the API. Tension in Ukraine is growing. Pro-Russian protesters seize government buildings this week urging Ukraine to police forces in the eastern regions . The U.S. has accused Russia of instigating raids. Gold rises too high and another $ 1300/ounce due to uncertainty over the geopolitical situation . Traders are also focusing minutes of meetings of the Fed comes later in the week . Fed members indicated that interest rates will rise in 2015 , and again reiterated that if the Fed meeting, we can see a decline in metal.

 

Today's main events.

 

08.30 GMT: GBP Manufacturing - measures the change in the total inflation adjusted value of output produced by manufacturers

 

12.15 GMT: CAD - Building permits, a measure of the change in the number of new building permits issued by the government.

 

14.00 GMT: USD - Jolts Job Openings

 

17.30 GMT: USD - FOMC Member Kocherlakota speaks

 

18.45 GMT: USD - FOMC Member Plosser speaks

 

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