September 10, 2013 - Daily Market News
Earlier today , the Chinese industrial production and retail sales came out better than expected at 10.4% and 13.4 % respectively . Asian stocks have gained a ninth day as a result and Asia seems to be improving . European stocks also got and rally since opening . The attack on Syria seems increasingly unlikely that an agreement can be made based on the argument that Syria placing his chemical weapons under international control . Our inventories are inflated by this news .
If the fear of a Syrian military attack fade WTI also declined. Gold is also powered by Syria and because of speculation that withdrawal can start on next week's FOMC meeting. The price of gold should still visible binary options traders as NFP was lower than expected , so the slope can not start now , as it was originally stated that the reduction of the stimulus will depend on improvements in the labor market .
Today the main events :
12:15 GMT : CAD - Housing Starts - measures the change in the annual number of new homes that construction during the reported month began . It is a leading indicator of strength in the housing sector .
23:50 GMT : JPY - BSI large production conditions - measures business confidence in the manufacturing sector. The data come from a survey of the major Japanese manufacturers . It is an important indicator of the strength of the Japanese economy , which is heavily dependent on the industry . A level above zero indicates improving conditions , a level below indicates worsening conditions . This research may help in predicting the Bank of Japan Tankan Large Manufacturing Index , which is generally released about a week later .
23:50 GMT : JPY - CGPI ( MoM ) - measures the price development of domestic production and domestic second-hand goods with sample rates collected either from the manufacturer or wholesaler of these products.
