Daily market news: June 17, 2013
June 17, 2013 - Binary Options Daily Analysis
Crude starting to flex its muscles again!
Pound is one of the most popular currencies today. On the other hand, the yen is very little demand at the moment.
Asian stock markets ended the session is much higher. This is in contrast to the weakness that we saw in all of Wall Street during Friday's session.
Home Today's events:
Many global data to affect the markets today
2:30 GMT AUD New Motor Vehicle Sales m / m - Change in the number of new cars and trucks sold in the domestic market. It is a sign of consumer confidence - the growth of demand for expensive durable goods shows that consumers are confident about their future financial position and feel comfortable spending money.
10:00 GMT EUR trade balance - the difference in value between imported and exported goods and services during the reporting month. This seasonally adjusted data (like most FF figures), not to be confused with the non-seasonally adjusted number reported by some media outlets.
13:30 GMT CAD Foreign Securities Purchases - read the total value of domestic stocks, bonds and money market assets purchased by foreigners in the reporting month. Demand for domestic securities and currency demand are directly linked because foreigners must buy the currency for the purchase of securities of the country.
13:30 GMT USD Manufacturing Index Empire Manufacturing - This measures the level of a diffusion index based on surveyed manufacturers in New York State. Above 0.0 indicates improving conditions, below indicates worsening conditions. It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
