19/09/2013 - September

September 19, 2013 - Daily Market News Yesterday's long-awaited Fed's statement was intended to introduce the first scaling back its $ 85000000000 quantitative easing program. However, the Fed decided to postpone the decision and maintaining the momentum constant. This shock shook the market. EUR / USD rose 200 pips above the 1.3500 level. Gold jumped by $ 60/ounce and traded above $ 1360 / oz. U.S. stocks and indexes climbed. S & P500 to its latest highest value ever. Today we could see a price correction following the jump that will give some trade binary options options traders. Today's key events: 08:30 GMT: GBP - Retail - measuring changes in the total value of inflation-adjusted sales at the retail level. This is a key indicator of consumer spending, which makes up the bulk of the total economic activity. 12:30 GMT: USD - Continuing Jobless Claims - measures the number of unemployed individuals who qualify for benefits under unemployment insurance. 14:00 GMT: USD - Philadelphia Fed Manufacturing Index - Diffusion index based on surveyed manufacturers Philadelphia. A study of about 250 manufacturers in the Philadelphia Federal Reserve district, which asks respondents to assess the relative level of general business conditions.

 

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