Today traders will see the biggest opportunity to trade the European CPI and GDP data. As we know for past 2 months ECB is backing up its inflation data which remains low and deny to cut the interest rate to spur it. We know that as the German data shook the strong believe in the single currency the price of Euro might continue to go down. At 12.30 GMT we should pay attention to U.S. CPI data which might give us some more trading opportunities. At 23.00 GMT Janet Yellen (Fed Chairman) is about to speak at the US Chamber of Commerce and US Small Business Administration. Looking back on previous speeches we can expect slightly dovish speech which might cut some gains of dollar.
The London Stock Exchange released its earning for the year and posted increase in revenue by 50%. The London Stock Exchange Group rose on the back of those news by 2.22%. The stocks which also releasing today their earning will be Vivendi SA and Aegon. We do have Vivendi available on the Traderush platform so we can take the advantage and trade it. However, as the data will be release after market closes, the main movement we should expect tomorrow. Currently Vivendy adding 0.21%.
Today’s main events:
09.00 GMT: EUR – CPI – measures the change in the price of goods and services from the perspective of the consumer
09.00 GMT: EUR– Flash GDP – measures the quarterly change in the inflation-adjusted value of all goods and services produced by the economy
12.30 GMT: USD– CPI – measures the change in the price of goods and services from the perspective of the consumer
12.30 GMT: CAD– Manufacturing Sales – measures the change in the total value of sales made by manufacturers
14.00 GMT: USD – Philly Fed Manufacturing Index – level of a diffusion index based on surveyed manufacturers in Philadelphia
23.00 GMT: USD – Janet Yellen Speaking -Due to speak at the US Chamber of Commerce and US Small Business Administration as part of National Small Business Week
May 15, 2014 – Daily Market News
Hot Asset For Today: EUR, USD, WTI
Today traders will see the biggest opportunity to trade the European CPI and GDP data. As we know for past 2 months ECB is backing up its inflation data which remains low and deny to cut the interest rate to spur it. We know that as the German data shook the strong believe in the single currency the price of Euro might continue to go down. At 12.30 GMT we should pay attention to U.S. CPI data which might give us some more trading opportunities. At 23.00 GMT Janet Yellen (Fed Chairman) is about to speak at the US Chamber of Commerce and US Small Business Administration. Looking back on previous speeches we can expect slightly dovish speech which might cut some gains of dollar.
The London Stock Exchange released its earning for the year and posted increase in revenue by 50%. The London Stock Exchange Group rose on the back of those news by 2.22%. The stocks which also releasing today their earning will be Vivendi SA and Aegon. We do have Vivendi available on the Traderush platform so we can take the advantage and trade it. However, as the data will be release after market closes, the main movement we should expect tomorrow. Currently Vivendy adding 0.21%.
Today’s main events:
09.00 GMT: EUR – CPI – measures the change in the price of goods and services from the perspective of the consumer
09.00 GMT: EUR– Flash GDP – measures the quarterly change in the inflation-adjusted value of all goods and services produced by the economy
12.30 GMT: USD– CPI – measures the change in the price of goods and services from the perspective of the consumer
12.30 GMT: CAD– Manufacturing Sales – measures the change in the total value of sales made by manufacturers
14.00 GMT: USD – Philly Fed Manufacturing Index – level of a diffusion index based on surveyed manufacturers in Philadelphia
23.00 GMT: USD – Janet Yellen Speaking -Due to speak at the US Chamber of Commerce and US Small Business Administration as part of National Small Business Week
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