21 October 2013 - Daily Market News
As the U.S. government has now reached an agreement on increasing the debt ceiling and reopened the government 's attention turned once more to talk about narrowing . Because of the economic impact of exclusion are speculating that the Federal Reserve will delay reduction stimulants . U.S. stocks rose on Friday after Congress reached an agreement . S & P 500 rose after the financial results of Google beat expectations and closed 0.65 % higher , and the Dow Jones closed 0.2 % higher. Asian shares rose after the expectation of delayed stimulus cuts after the governor of the Bank of Japan , Kuroda said that the Japanese economy will maintain moderate recovery and that monetary policy will remain Accommodative until inflation hits 2%. Nikkei 225 closed 0.91 % higher and Hang Seng is currently up 0.4% higher. European shares opened higher.
WTI is trading interruptions ahead of crude oil inventory data released later today. Gold traded slightly higher during the Asian session as investors reacted to speculation that the Fed may refuse Stanjvianje . The price of gold rose on Thursday as the dollar fell. Economic impact of fire gave gold a boost.
Binary Options Traders should watch for Nonfarm Payroll data released tomorrow , which was delayed due to the government shutdown. This usually causes great volatility and provides opportunities for trade in almost all markets.
Today's main events:
12:30 GMT : CAD - Trade and Sales ( MoM ) - measures the change in the total value of sales at the wholesale level . It is a leading indicator of consumption.
14:00 GMT : USD - Existing Home Sales - measures the change in the annual number of existing residential buildings that were sold in the previous month . This report helps to assess the strength of the U.S. housing market and a key indicator of overall economic strength .
