March 20 , 2014 - Daily Market News
Today's hot properties : Dollar , Gold
Janet Yellen , president of the U.S. Federal Reserve 's first press conference after their two-day monetary policy meeting , which concluded yesterday . The latest information on the Fed 's economic growth slowed , but it is the experience of the bad weather throughout the winter months , in part, it was concluded that the shows . In addition , to improve the conditions of workers , but the unemployment rate still remains high . As a result , continued, and he was still less than $ 10 billion by the end of the current quantitative easing program . Although there is no specific timeline for that , as early as April 2015, the Federation Yellen suggested to start hiking interest rates in the market for a good surprise . Take advantage of low interest rates make stocks more attractive to borrow money, the news that sent U.S. stocks lower . At the end of the U.S. trade , the Dow Jones and the S & P 500 0.61 % lower , less than 0.62 % , and the Nasdaq 0.59 % lower . Asian markets moved lower . Nikkei gains as the dollar climbed 0.9% against the yen but less than 1.65 % , closing the other of the track started . Tencent is the largest component of 1.8 % , the Hang Seng Shrugging off the loss of positive returns . European stocks started the day with sharp losses . Germany's DAX and France's CAC 40 0.52 % of the 0.53 % less than the current , the FTSE 100 is down 0.77 % .
West Texas Intermediate Cushing EIA showed crude inventories dropped for the seventh week climbed above $ 100/barrel . This has led to a greater demand for the high prices that boosted economic growth in the future . Spot goods more attractive to low interest rates in the U.S. oil currently provides support for policy coordination . The Fed refused yesterday following the decision to proceed with the gold tip . And so much more hawkish statement from the Fed is expected to put pressure on the yellow metal , which caused the dollar to rally . Historically, rising interest rates, high interest rates offered by other assets to compete for the gold in the negative , are possible. Today 's existing home sales to traders and the Philadelphia Fed Manufacturing Index at 2pm (GMT) and the U.S. should focus on the data .
Today's events :
11.00 GMT: GBP - CBI Industrial Trends Orders - which measures business conditions in the manufacturing executives in the UK is a leading indicator of economic expectations .
12.30 GMT: USD - initial jobless claims - measures the number of individuals who filed for unemployment insurance for the first time last week
14.00 GMT: USD - Existing Home Sales - measures that have been sold in the previous month, the annual number of existing residential buildings .
14.00 GMT: USD - Philadelphia Fed Manufacturing Index - general business conditions, the relative level of rates in Philadelphia
