12/08/2014 - August Daily Review

August 12, 2014 - Daily Market News 

 

Forex market movements, we found very interesting. The European single currency dropped down immediately (German) ZEW Economic Sentiment came and showed a very disappointing result. The German index on just 8.6 instead of 18.2 expected. General of the European Economic Sentiment came out 23.7 instead of 41.3. The pair almost came to the lowest price since November 2013 in fact, that's probably the most important point to slower rates to stimulate the economy with the European Central would cause the back to add additional monetary stimulus. So right now bearish outlook for the euro. 

 

The stock market is not so great, now struggling to profit from the market closed yesterday. Most European stock index DAX at the time of writing and are declining while the FTSE100 was down by 0.48%, 0.16%, said. We need to keep an eye on whether the United States will turn bearish sentiment in the market. 

 

United States of America has remained higher volatility. WTI oil price of $ 97.00 / barrel, and a little bit of Gold $ 1,210 / ounce increase over the slid. 

 

Today's main event: 

 

09.00 GMT: EUR - German ZEW Economic Sentiment - Six-month economic outlook 

 

14.00 GMT: USD - Jolts Job Openings - number of job openings during the month, excluding the farming industry 

 

23.50 GMT: JPY- Prelim GDP - the real value of all goods and services produced by the economy, measures the change in

 

Please publish modules in offcanvas position.