December 10, 2013 - Daily News

Today's hot Assset: EUR

NFP Friday brought more optimism in the market, as it showed that 204K jobs were created during the month of November. This shows the U.S. economy continued to strengthen . As the market is more comfortable with the idea of tapering U.S. stocks rose. They continued upwards yesterday , S & P 500 closed 0.18 % higher and the Dow Jones closed 0.03 % higher. Asian stocks fell after the release of some negative data including industrial production in China . Hang Seng closed 0.28 % lower and the Nikkei closed 0.25 % lower . European stocks opened on a positive number, and investors should wait for Draghi at 12:00 pm (GMT).

WTI up ahead of data later in the day which is expected to show that the inventory at the bottom of the second week. Positive data from the U.S. also supports the growth, as it can lead to a greater demand for the commodity . Traders will also focus on current developments in the pipeline, TransCanada Keystone came out, that it will increase the opportunities for Texas in January. Gold continues to climb despite positive data suggesting tapering can begin earlier . Physical demand from China has also picked up.

The main events :

12.00 GMT: EUR - ECB President Draghi speaks - Mario Draghi ( born September 3, 1947 ) is an Italian banker and economist who has been governor of the Bank of Italy and succeeded Jean-Claude Trichet , President of the European Central Bank in November 2011. As head of the ECB, which controls short-term interest rates that it has more impact on the EUR value than any other person