October 11, 2013 - Daily Market News
Yesterday , President Obama and the Republicans were trying to come up with a higher debt ceiling deal . House Speaker John Boehner said on November 22 proposed a temporary increase in the limit . Now it will be a compromise can be allowed to default , there is hope . Although a decision has not been reached yet, the news reached the market shares of progress . U.S. stocks both initial and continued unemployment claims are lower than expected, although much was released . S & P 500 is 2.18 % higher and 2.18 % higher than the Dow Jones closed. European shares gained 1.61% in the Euro Stoxx 50 gained . Asian stocks rallied Friday session , the Nikkei 225 closed 1.48 % higher , and the Hang Seng closed 1.21 % higher . Important data to be released at the end of this week to China (imports , exports and trade balance ), and is expected to be positive . Australian shares gain as a result of China's largest export market in Australia .
WTI is a little bit today after yesterday's rally . The current situation in the U.S. , which dampen oil demand growth to slow to the low price threatened. Government to negotiate higher prices as a reason for the high demand has caused prices to rise again . There was fear of political developments in Libya sent the price is as high as it would be disrupted . As no decision was taken , the price fell again , and can be considered as a correction . The price of gold has been affected by 2 factors . First, the next president of the Federal Reserve Janet Yellen determine the cause of the fall in price negotiations with the government , and pushed even lower . Both events brought optimism to the market caused the dollar to rise . It is up to now no compromise was reached .
Against the dollar will rally his colleagues to be a compromise with the government as an Investors in talks to develop . This will affect the gold , and there are great opportunities for binary options traders will put the tasks you need to watch this closely .
TODAY'S Events :
12.30 GMT : CAD - Employment Change - measures the change in the number of employed people . The creation of jobs is an important indicator of consumer spending .
12.30 GMT : CAD - Unemployment Rate - unemployed and actively seeking employment during the previous month , which measures the percentage of the total workforce .
13.55 GMT : USD - Michigan consumer sentiment - the relative level of the rates of current and future economic conditions . Two weeks of the initial and revised two versions of this data is released . For more information on the first try . A survey of 500 consumers around the reading is made .
