21/02/2014 - February Daily Review

February 21 , 2014 - Daily Market News

 

Today's Hot property : USD , GBP, Gold

 

Yesterday, the U.S. stock market ended positive numbers . The mood in the market for U.S. manufacturing index for February , the highest since May 2010 , showed that 56.7 percent spurred by Markit data . European shares opened bullish sentiment and the FTSE +0.24 % is already included .

 

German manufacturing PMI released, the EUR / USD pair fell down yesterday morning . The index came in below expectations 1.3680 from 1.3760 where the pair is forced to change its support . While the U.S. Federal Reserve manufacturing index set too low , then re- checking support . The finish is long and bearish sentiment ahead of the U.S. session does not last as long on the pair back to 1.3720 . Waiting at the G20 meeting starting today in the market during the Asian session, we did not see any significant movement . Central Bank President Janet Yallen some volatility can lead to a collapse of the monetary stimulus that is going to face a lot of pressure from emerging markets . U.S. housing data we have today at 3.00pm (GMT) will focus on a 6.00 (GMT) after the FOMC Member Bullard and Fisher makes a speech which caused some trading opportunities . They 'd have to pull it down to a couple is said to be more sharply . Movement is sideways .

 

Today's key events :

 

09.30 GMT : GBP-core retail sales - the total value of sales at the retail level in Canada , excluding motor vehicles change . It is an important indicator of consumer spending, and the Canadian economy is considered a speed indicator .

 

13.30 GMT : CAD , Core CPI - excluding food and energy measures changes in prices of goods and services . The CPI measures price change from the perspective of the consumer

 

15.00 GMT : U.S. Dollar - Existing Home Sales - operations that were sold in the previous month, the annual number of residential buildings changed .