Daily Remarkable news 1/22/2014

BOJ NO MONETARY POLICY CHANGE

Ends 2-day meeting today , Bank of Japan ( BOJ ) decided to keep monetary policy when the economy is growing again and escape deflation . Traders said the stimulus measures will have to wait until the new BOJ can assess the impact of the increase in consumption taxes began to be implemented from next April . AUD rose sharply this morning after Australia 's rising inflation expectations reduce the Reserve Bank of Australia ( RBA ) would cut interest rates in a meeting early next month .

The report 's statistics agency showed that Australian consumer price index ( CPI ) increased by 0.8 % of the country in the last quarter of 2013, higher than the 0.5 % forecast by analysts . Compared to the same period last year , Australia 's CPI rose 2.7 % , exceeding the 2.4 % forecast made ​​earlier .

Economic information published today include minutes of meetings of the Bank of England ( BOE ) and the unemployment rate in the country. BOE can not move any policy changes at its meeting held on 09 / 01 last .

The analysts predicted , Britain's unemployment rate continued to decline from 7.4 % to 7.3 % , close to the BOE 's target of 7% . The pound will rise sharply if the country's unemployment rate fell faster than expected , accelerating the time of the BOE rate hike .

GOLD PRICE REDUCED BY optimistic economic forecasts

Gold prices fell more than 1 % in trading yesterday due to pressure from the positive economic news . The International Monetary Fund ( IMF ) has raised its forecast of global economic growth in 2014 to 3.7 % from 3.6 % forecast made ​​in October last year . This is the first time the IMF improving global economic outlook in almost 2 years. U.S. economic growth is also forecast at 2.8 % , higher than the previous figure given was 2.6 % .

Currently investors are cautious ahead of Fed meeting takes place next week . If the Fed continues to cut program of quantitative easing at this meeting , will pressure gold prices fell sharply .

(sources: collection)

Daily Remarkable news 1/16/2014

The greenback rose sharply after positive news

As we have seen , yesterday's session marked the " sublimation " of the greenback against most currencies in the basket of foreign currencies. USD -index index finished up 80.63 points from the opening up around 80.99 points to close at U.S. economic information received positive than predicted by experts . From the New York market in operation , investor sentiment was optimistic the Producer Price Index rose 0.4 % compared with a decrease of -0.1 % last month . In particular , the producer price index core PPI eliminates the cost of production increased food and energy rose 0.3 % compared with 0.1 % growth of the previous period . Not long after this information , the U.S. oil reserves continue to decline publication -7.7 million barrels, compared with forecasts for a decrease of -0.7 million barrels experts .

This is the information contained much sense to expect stability in the growth of the U.S. economy . In addition, the Beige Book report published two weeks before the Fed meeting also confirmed the growth rate of economic activity as production growth remained stable , consumer spending continues to rise , and the real estate market is still developing .
Looking through the stock market , the positive news that 7 out of 10 groups in the S & P 500 stocks rallied with the phone group , financial technology and more than 1.1 % . The close of this record has helped the Standard & Poor's 500 regain what was lost in the first session of 2014.

Looking at today's trading session , the market is waiting for a host of important information on the U.S. market . Among them is to be told , the consumer price index CPI and core U.S. market requirements for unemployment benefits . With what the U.S. economy is showing many experts continue to expect a new taper process for stimulus programs in the U.S. economy . Forecast , the greenback will maintain strong momentum for other currencies .

The common currency will remain under pressure ?

When the positive news for the U.S. economy are in place, that's when the currency basket of foreign currencies to meet pressure . The markets are waiting for the important information from the general area is also given the euro was created at sideways . Despite yesterday's price decline , however generally the recent trading , the euro is trading around 1.3620 dollars .

With what has been happening , sessions today and tomorrow is expected to be a lively session after the accumulation phase has formed . Expectations for the decline of the euro is still there ! More likely , the euro will only trading around 1:34 in the quarter 1/2014 .

 GOLD continues accumulating!

In terms of trade movements , after receive important information from the U.S. market , gold fell to continue trading around 1234 USD / oz , and then had to adjust the back end of the session . With information constantly positive , supported the greenback led many experts believe that gold will still face pressure . However, in general, investors should be cautious when gold is still in a period of time to accumulate and be supported by demand from the festive season in Asian countries .

Looking at the indicators of technical analysis , gold prices will likely continue to accumulate in the region 1225 - 1252 USD / oz before sustained decline . Forecast , today's trading session , gold approaching the 1230 USD / oz .

Daily Remarkable news 1/15/2014

USD PRICE INCREASE SALES BY RETAIL POSITIVE

The greenback rose after a report showed U.S. retail sales stronger than expected growth . The U.S. Commerce Department yesterday said December retail sales rose 0.2 % , followed by 0.4 % rise in the previous month . Retail sales rose 0.7 % basic , exceeding the 0.4% rise forecast by economists. Analysts said the market , reported December retail sales did erase the worries of investors about the status of weak economic growth , which stems from the report made ​​by the Ministry of U.S. Labor announced last weekend .

USD also supported the Fed chairman said Philadelphia Fed branch should end bond-buying program months before the end of 2014 . Meanwhile, Dallas Fed President said that reducing the speed scale QE program should be doubled ( U.S. $ 20 billion rather than $ 10 billion as at present) .

GOLD PRICE REDUCED AFTER AMERICAN ECONOMIC DATA

End the session yesterday , the world gold price fell $ 1.244 to 8 USD / ounce . U.S. stock markets rallied in trading last night made ​​the appeal of gold diminished . In addition, statistics show that U.S. retail sales than expected positive also for investors interested in the reduction of gold .

Yesterday , trusts the world's largest gold SPDR Gold Trust remained net sellers tonnes 3:56 , hold volume decreased 789.56 tons . The trend of continuous net sellers of gold funds from last year has not yet ended .

Recently , gold always under pressure to reduce prices when the U.S. has good economic news or stock market gains , and vice versa .

Returning to physical gold demand in China , gold buying " good luck " and as a gift from the first month to reach '' the Lunar new year'' increased sharply . Analysts said strong buying support gold prices also go up .

Daily Remarkable news 1/14/2014

The British pound fell sharply

GBP fell sharply in trading yesterday as the market fears the UK economy slowed in the final quarter of 2013. The report released last week showed growth of UK manufacturing output in November last 3-month low and much lower than the forecast of analysts . Meanwhile , yesterday JPY rise when the stock market plunged , increasing demand for haven assets . The U.S. stock index plunged the most in the last 2 months prior series forecasting corporate profits decline .

Economic Statistics today 's notable retail sales 12/ 2013 U.S. . USD is under pressure to reduce prices after reporting disappointing U.S. labor market published last week . If giving bad data than expected , the greenback is likely to continue to go down .

GOLD PRICE rose slightly Monday's session

Closed session last night in New York , gold for immediate delivery rose nearly 5 USD, to $ 1,253 / ounce , the highest level in the last 1 month . This precious metal prices supported after statistics released on Friday showed the U.S. job market is weak , meaning that the Fed can not accelerate downsizing of easing package amount of QE3 .

According to experts , with a strong rally last week , gold prices may also move beyond this week. However, investors should continue to monitor the economic data for the U.S. , by private employment report released last week is not enough to set a new trend for gold prices . If the data less optimistic about the U.S. economy continue to be made , the price of gold will have greater opportunities to continue to grow

(sources: collection)

Daily Remarkable news 1/13/2014 (sources: collection)

US LABOR GROWTH LOWEST SINCE 2011

Report of the U.S. Department of Labor announced last week that , in the month 12/2013 , the U.S. economy added only 74,000 new jobs created , the lowest since May 11/2011 and lower than the median forecast average was 197,000 that analysts put out earlier . Nevertheless , the U.S. unemployment rate in the last month of 2013 decreased 0.3 percentage points to 6.7 % as more people gave up looking for work . According to analysts , the number of jobs was lower than expected due to unusually cold weather and this number is only temporary . However, this also has the ability to slow down the process of reduction of Fed stimulus . Dollar fell sharply against most major currencies after jobs data was released .

Disappointing report on the labor market creates downward pressure on the greenback in the short term . U.S. economic data released this week include retail sales , manufacturing index and consumer confidence . Dollar will decline further if economic data make less optimistic .

GOLD PRICE INCREASE  AFTER US LABOR REPORT

Gold prices rose sharply in trading last week when the U.S. Labor Department released employment report less positive than expected increase may not expect the Fed to speed reduction program QE3 quantitative easing . End of session 10/1 , the world gold price increased by 21 USD to 1.248 USD / ounce .

In opinion polls expert predicted the price of gold this week performed by Kitco News , have 12/23 feedback predicted price increase , 5 reviews forecasted prices fell , and 6 suggested that prices will horizontal scrolling . Participation in the weekly poll is gold trading companies , investment banks , trading houses commodity futures , fund managers , analysts and technical charts .

According to experts , with a strong rally last week , gold prices may also move beyond this week. However, investors should continue to monitor the economic data for the U.S. , by private employment report released last week is not enough to set a new trend for gold prices . If the data less optimistic about the U.S. economy continue to be made , the price of gold will have greater opportunities to continue to grow .

Daily Remarkable news 1/10/2014 (sources: collection)

MARKET WAITING U.S. nonfarm PAYROLL

Investors await non-farm payroll of the U.S. will be announced today . This is important data affect the Fed's decision on QE3 . If non-farm payrolls positive , the Fed will likely cut more QE3 and put an end to the economic stimulus package in 2014. According to the average forecast of analysts , in December last U.S. economy added 196,000 new jobs created , lower than the figure of 203,000 in November , but higher than the average of 188.545 jobs May 11, 2013 . Positive employment data released today by ADP 4th and rising consumer confidence in recent months that many analysts expect job growth of 200,000 Americans will stand on the threshold of the third month in a row , this will be factors strongly support the dollar . In contrast , the greenback will take the pressure off if employment report disappointing .

ECB NO MONETARY POLICY CHANGE

Ends policy meeting yesterday , the European Central Bank ( ECB ) decided to keep interest rates at a record low of 0.25 % . The move is in line with the ECB's previous forecast of analysts .

In the press conference afterwards, ECB president Mario Draghi pledged interest rates will be maintained at current levels or lower in a long time and said the ECB has prepared plans and is ready to act if necessary . EUR has dropped to one -month low against the dollar after Draghi 's remarks .

However, the common European currency has risen again after ECB president said that the monetary policy of the ECB is being made in accordance with the current situation of the region . Observers said that the euro will continue to face downward pressure in the near future as inflation remained low and slow growth of the economy many members .

Also yesterday , the Bank of England ( BOE ) does not change the monetary policy rate unchanged at 0.5 % and maintain the asset purchase program at 375 billion pounds .

August of last year , Governor Mark Carney said the BOE will not raise interest rates until the unemployment rate fell to 7 % . However, the current unemployment rate of 7.4 % in the UK , close to the threshold goals. Even so , most economists expect interest rates will remain the same , at least until the end of 2014 . Most are predicting that the BoE will raise interest rates in 2015.

GOLD PRICE walked ahead of U.S. jobs data

Gold prices fluctuated in a narrow range of trading yesterday as investors awaited U.S. employment report published today to predict the direction of the gold price . Session ends 9/1 , the world gold price increased to U.S. $ 1,227.5 / ounce .

According to analysts , labor market statistics in December U.S. will be an important factor for the Fed's next steps towards easing program , in which the gold price is likely to be volatile in next time .

Many people predicted that U.S. employment figures will continue to rise creating downward pressure on gold . However, the price of this precious metal will be supported if the jobs report disappointed .

Daily Remarkable news 1/9/2014 (sources: collection)

PRIVATE SECTOR JOBS U.S. increase

USD continues to maintain the momentum gained against most major currencies in the last session when job growth of the U.S. private sector to its highest level in 13 months shows that the economy 's largest world was recovering well . ADP report yesterday said employers in the U.S. private sector employers added 238,000 jobs during the month 12/2013 , higher than the 199,000 median forecast of analysts and the highest level since January 11/2012 . Data recently published by ADP may be a positive indicator for the employment report aggregate of U.S. Department of Labor announced the country tomorrow , including jobs in government and the private sector .

Minutes of meetings of the Committee 17-18/12/2013 day Federal Open Market ( FOMC ) were released yesterday showed that the majority of members are evaluating the effectiveness of QE3 weakened when the program is still continue. Fed officials insisted that the cuts stimulate the economy in the future will be done with careful consideration and there are no specific timetable for ending QE package .

MARKET MEETING awaiting the results of the ECB

Today the European Central Bank ( ECB ) will announce the results of monetary policy meetings in the context of the economic recovery is uneven across countries and members of regional inflation to remain low .

Data from the European statistical agency announced on 7/1 shows the month 12/2013 of the euro area fell from 0.9 % to 0.8 % , near the lowest level in the past 4 years .

Although ECB President Mario Draghi said in the recent assertion does not have the risk of deflation in the euro area and no need to cut interest rates further , however low inflation and prolonged recovery many weak economy will cause the ECB to consider further easing in monetary policy at this meeting .

World gold prices continue to fall

Gold prices continued to decline in trading yesterday as positive statistics of the U.S. economy increased expectations the Fed continues to cut quantitative easing program at its meeting later this month . Session ends 8/1 , world gold prices fell nearly 0.5 % to $ 1.225 / ounce .

Currently investors are waiting for the next economic information especially non-farm payroll announcement tomorrow to confirm more about the health of the U.S. economy . Strong recovery of the economy will create the world's largest downward pressure on gold prices .

Daily Remarkable news 1/8/2014 (sources: collection)

TRADE DEFICIT DOWN MY LEAST 4 YEARS

Dollar rose against most major currencies during yesterday's trading session when the U.S. trade deficit fell to its lowest level in 4 years thanks to record exports increase . Report of the U.S. Commerce Department yesterday said the country's trade deficit this month 11/2013 down from USD 39.3 billion in October to 34.3 billion , lower than the median forecast of 40.2 billion and is the lowest since from January 11/2009 . Today will publish the minutes of the Fed policy meeting 17-18/12 last day of this agency . At the meeting , the Fed decided to cut -scale quantitative easing program from $ 85 billion per month to $ 75 billion with 9 votes in favor and 1 opposed opinions .

At a press conference shortly afterwards , Fed Chairman Ben Bernanke expects asset purchase program would be reduced to $ 10 billion at the end of the Fed's next meeting . However this is only his own judgment Bernanke , who will resign after on 31/ 1 to . Consequently , the Fed's meeting minutes will be investors to monitor more closely the views of the other members of the FOMC QE package of cuts in the future .

If most of the FOMC members concurred with the view to continue with QE3 cut at a regular rate , USD will be strongly supported . However, if the Fed members expressed hesitation and the subsequent decision of the agency is dependent on economic developments , the greenback will be under pressure to reduce prices .

Euro Area Inflation fell back

Impressive data on retail sales and German labor markets yesterday announced not much support for euro area inflation of the single currency fell back to near the lowest level in 4 years .

Reports yesterday showed German retail sales for the month of 11/2013 increased 1.5 % compared to the same period last year , higher than the forecast of 0.5 % . The number of unemployed fell 15,000 in November compared with a forecast increase of 9,000 analysts .

However, data from the European statistics agency announced yesterday showed inflation 12/ 2013 euro region declined from 0.9 % to 0.8 % , lower than expected and close to the lowest level in 4 years.

Last November , the European Central Bank ( ECB ) decided to cut the base rate from 0.5 % to 0:25 % in October after inflation of the euro fell sharply from 1.1 % to 0.7 % , the lowest since since 2009 .

Although ECB President Mario Draghi said in the recent assertion does not have the risk of deflation in the euro area and no need to cut interest rates further , however prolonged low inflation will cause the ECB to consider further easing in monetary policy at its meeting tomorrow .

GOLD PRICE REDUCTION UNDER PRESSURE strengthening of USD

Gold prices retreated in trading yesterday as a stronger dollar and the stock market began to rally back . End of session 7/1 , world gold prices fell 7 USD to 1.231 USD / ounce .

Gold under pressure to reduce prices when economic statistics yesterday showed more pronounced recovery in the U.S. economy increased expectations the Fed will continue to cut back stimulus at its meeting later this month . Global stock market rebound that also reduces the attractiveness of gold in the eyes of investors .

Currently investors are concentrating tracking of Fed meeting minutes released on Wednesday and non-farm payrolls was introduced in the 6th . The shrinking QE3 , as well as the positive recovery of the U.S. economy , have adversely affected the prospects for the gold price .

Daily Remarkable news - january 7, 2014 (sources: collection)

AMERICAN GROWTH SLOW SERVICE IN 12 MONTHS

Report of the Institute of Supply Management ( ISM ) said yesterday , the U.S. non-manufacturing PMI for the month of 12/2013 dropped from 53.9 to 53.0 points , lower than the 54.6 median forecast of the analysts analysis . This is the 48th consecutive month the index stood above 50 points indicates the U.S. service sector continues to expand but the growth rate has slowed . Economic data has just announced that the Fed will have to consider before deciding whether to continue cutting program of quantitative easing at its meeting later this month .

Dollar fell against most major currencies as U.S. data low service expectations . Trend of the greenback this week depends on the Fed meeting minutes released tomorrow and employment data in the 6th .

With a ratio of 56 votes in favor and 26 votes against , Janet Yellen recently received approval from the U.S. Senate to become the 15th Chairman of the Federal Reserve and the first female chairman of the 100 -year history of the central bank this . Her 4-year term Yellen will begin on 01 / 02 after the second term of Chairman Ben Bernanke ends on 31 / 01 .

World gold prices volatile session

Closed session last night at the New York World gold prices nearly unchanged compared to the previous trading session . However, in a sudden turn gold price fell from $ 1.246 30 USD / ounce to $ 1.216 / ounce in a very short time before and bounced back to close at $ 1.238 / ounce .

Gold prices are being supported by the weakening of the global stock markets and the demand increases for physical gold in China ahead of the Lunar New Year . However, analysts said that gold prices will rise higher still need to have the impact factor more decisive , because the gold price outlook in 2014 is still being assessed with a pessimistic view .

On 6/1 , Janet Yellen was the U.S. Senate ratified officially become the next chairman of the Federal Reserve Ben Bernanke instead , the term will end at the end of this month . Ms. Yellen who is maintaining perspective easing to support growth - factors favor gold . However, the appointment of Ms. Yellen is not a surprise factor for the market .