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 .