Daily Market News: February 10, 2014

February 10, 2014 – Daily Market News Today’s Hot Assets: WTI, Gold, CAD Friday’s Nonfarm Payroll report again came out lower than predicted showing that only 113,000 jobs were created during the month of January. However, the Unemployment Rate improved and declined to 6.6% which is the lowest rate since 2008. This painted a picture […]

Stock Trkr
U.S. Dollar Down Due To Negative Non-farm Payrolls Data

February 10, 2014 – Forex News Hot asset for today: EUR/USD The EUR/USD reacted quite unexpectedly on the disappointing Non-farm payrolls. The price first jumped up as expected on bad data and within 10 minutes started to range. If we look back to Thursday we saw that the actual price in was already made once […]

Stock Trkr
Binary Options Weekly Outlook: February 10 – February 14

February 10, 2014 – Weekly News WEEKLY REPORT 10/02-14/02 EUR/USD Last week the EUR/USD pair strengthened by 1.11%. The pair started last week on 1.3480 and moved sideways till Thursday when the last data before Non-farm payrolls came out under estimation. The same moment Mario Draghi (European Central Bank president) was speaking and due to […]

Stock Trkr
Markets Higher on US

European markets have opened higher today, taking cues from a healthy rally on the Wall Street on Friday despite mixed jobs report. Closer home, accounting firm BDO reported that its index, measuring optimism among British businesses, hit its highest level for 22 years in January. Related Posts:What’s behind the latest pullback in equity markets? – […]

Stock Trkr
Indices Shugg off Bad NFP data

February 7, 2014 – Indices News Asian markets went up earlier today after better than expected initial jobless claims data coming from the United States. Good data from one of the largest export markets for Asian firms has made investors optimistic. Furthermore, the Reserve Bank of Australia increased its economic growth forecasts, further adding to […]

Stock Trkr
Many Are Betting on a Calm Market. We’re Not.

The DJIA, S&P and NASDAQ are struggling to bounce. Yet the bullish convictions remain high. Says a February 5 Investor’s Business Daily headline: “Why Mutual Fund Investors Need Not Panic After January Sell-Off” When is the best time to get out of the stock market? When everyone else is invested and extremely optimistic. When is […]

Stock Trkr
Daily Market News: February 7, 2014

February 7, 2014 – Daily Market News Today’s Hot Assets: GBP, USD, CAD, Gold Today we will have the Nonfarm Payroll report coming from the US. Last month we saw that 74,000 jobs were created during the month of December which was far below the expected 196,000. This was the weakest month for job growth […]

Stock Trkr
Greenback Slightly Advancing Before Non-farm Payrolls

February 7, 2014 – Forex News Hot asset for today: EUR/USD The EUR/USD jumped up about 100 pips after 1.30PM (GMT) due to worse-than-expected Non-farm payrolls pre-data and due to European Central Bank President’s speech. Mario Draghi summed up the Euro outlook and potential downward risk. He said that ECB could take action next month […]

Stock Trkr
Comment: Markets Steady But Subdued Before US Nonfarm Payrolls Data

Subdued financial markets in Europe this Friday, a day after the ECB and BOE met to decide on policies. As expected, no change on policies by both central banks with the BOE likely to offer more clarity on forward guidance at next week’s Inflation Report while the ECB meeting yielded few surprises. ECB’s forward guidance […]

Stock Trkr
Stocks In Europe And The U.S. Push Higher

February 7, 2014 – Stock Market News Today’s Hot Asset – Boeing Stocks in Asia traded mixed today. Today marked the first working day following the Chinese Lunar New Year. Investors were cautious during today’s session, as they are look ahead to the upcoming NFP report that will be released in the U.S. later today. […]

Stock Trkr
US Jobs Data Eyed

European markets have opened higher today, extending the previous day’s sharp gains, as investors await the release of US non-farm payrolls data which is expected to show that hiring accelerated in January. Meanwhile, the National Institute of Social and Economic Research (NIESR), in its quarterly review, forecast that the UK economy would grow 2.5% in […]

Stock Trkr
Indices Bullish on Afternoon Events

February 6, 2014 – Indices News Asian markets mostly  went up this morning after better than expected US ISM non-manufacturing PMI data reported growth in the service sector in one of Asia’s largest export markets. However, the worse than expected ADP Nonfarm Employment data still weighed down certain Asian Indices a little bit.  All in […]

Stock Trkr
Bad Start for Stocks in 2014: Buying opportunity or more pain to come?

The major stock indexes started 2014 with losses of 5-7%. Many analysts say this is just a reaction to emerging markets’ weakness and that the U.S. economy is getting stronger. Don’t panic, in other words. But is this truly the case? Robert Prechter, president of Elliott Wave International, has released a new free report that […]

Stock Trkr
Asian Stocks Mixed Ahead of US Jobs Report

Shares in the Asian region advanced for a second day on Thursday as Australia reported an upbeat trade surplus on exports to China and comments from the deputy governor of the Bank of Japan (BoJ). Market participants are looking forward to the release of the US unemployment and payroll reports tomorrow and the European Central […]

Stock Trkr
Vodafone Price Jumps Following Quarterly Earnings Figure

February 6, 2014 – Stock Market News Today’s Hot Asset – Vodafone Stocks in Asia traded mixed throughout today’s early session. Investors were filled with caution, as they anticipate the upcoming U.S. data. They are also waiting for the outcome of the European Central Banks policy meeting to try and gain an idea regarding regional […]

Stock Trkr
Daily Market News: February 6, 2014

February 6, 2014 – Daily Market News Today’s Hot Assets: EUR, GBP, USD The US ADP Nonfarm Employment Change came out below expectations increasing uncertainty around the economic outlook. Markets are becoming increasingly cautious as it boosts speculation that tomorrows NFP report could also be a disappointment. Stocks declined but losses were limited as weak […]

Stock Trkr
Markets Higher Ahead of BoE, ECB Meetings

European markets have opened higher today, ahead of the outcome of monetary policy meetings of the Bank of England (BoE) and the European Central Bank (ECB) due later in the day. Both central banks are set to leave their monetary policy intact. With no major domestic economic data during the day, investors would keep a […]

Stock Trkr
Indices Fluctuate on Mixed Data

February 5, 2014 – Indices News Asian markets are mostly up after stellar performance in the United States yesterday. Furthermore, better than expected earnings from Asian firms have also pushed up Asian Indices. Lastly, the resolution of the currency crisis in emerging markets has increased investor optimism and after a few days of downward movement. […]

Stock Trkr
Stocks Mixed Ahead Of U.S. Data

February 5, 2014 – Stock Market News Today’s Hot Asset – Twitter Stocks in Europe are currently trading mixed during a very turbulent session so far today. Investors are keenly awaiting the U.S. jobs data due to be released later in the session and this is causing uncertainty. The data will be released whilst the […]

Stock Trkr
Daily Market News: February 5, 2014

February 5, 2014 – Daily Market News Today’s Hot Assets: EUR, USD Weak data from the US throughout the month of January could be attributed to the bad weather and cold snap which affected industries across the state. US stocks rebounded from their lows yesterday as this realization hit the market and as Factory Orders […]

Stock Trkr
Investors Remain Cautious

European markets have opened lower today, as persisting concerns over further cuts to the Fed’s bond buying size overshadowed a rise in US factory orders excluding transportation. Closer home, the British Retail Consortium revealed tough trading conditions as UK retailers slashed prices at the fastest rate in at least seven years during the January sales. […]

Stock Trkr
US Indices Recover From Yesterday’s Losses

February 4, 2013 – Indices News Asian markets are down due to yesterdays worse than expected ISM Manufacturing data coming out of the United States. Though the data still showed an expansion, the extent of growth in the manufacturing sector was below expectations and investors panicked at the prospect of a slow recovery in one […]

Stock Trkr
Microsoft Up As They Announce New CEO

February 4, 2014 – Stock Market News Today’s Hot Asset – Microsoft Stocks in the U.S. have opened trading slightly higher today. Investors in the U.S. pounced on some oversold assets caused by yesterday’s slides. Investors are still trading with caution as they await economic data due to be released later in the day. This […]

Stock Trkr
British Pounce Reversing At 2-Month Low

February 4, 2014 – Forex News Hot asset for today: GBP/USD The EUR/USD rebounded on Monday from a 10 week low as the U.S. ISM Manufacturing PMI plummeted. The actual figure was 51.3 which would be the lowest result since June 2013. This number is very disappointing but could be caused by the bad weather […]

Stock Trkr
Daily Market News: February 4, 2014

February 4, 2014 – Daily Market News Today’s Hot Asset: USD The US ISM Manufacturing PMI was released yesterday and surprised the market with its low figure. Instead of the expected 56.4 it was 51.3 which is the slowest rate in 8 months. This brought speculation that the economy is slowing and that Friday’s NFP […]

Stock Trkr
British Pounce Reversing On 2-Months Lows

February 4, 2014 – Forex News Hot asset for today: GBP/USD The EUR/USD rebounded on Monday from the 10 weeks lows as the U.S. ISM Manufacturing PMI plumed. The actual figure showed 51.3 which would be the lowest result since June 2013. This number is very disappointing but might be caused by bad weather and […]

Stock Trkr
Comment: Asian Markets Correct/EM Rout Continues; Developed Markets Feel The Heat

Big correction for Asian markets overnight; Hang Seng, Nikkei 225 all in correction mode. Japan’s Topix fell 4.8% and down by 12.5% year-to-date after registering stellar gains for 2013. Asian markets followed the declines on Wall Street Monday after the US ISM manufacturing report slapped investor confidence by dropping to 51.2 from 64.4, the biggest […]

Stock Trkr
Markets Lower on US

European markets have opened lower today, tracking negative cues from an overnight selloff on the Wall Street after an eight month low in US factory activity heightened fears of a slowing US economy. Closer home, investors await data that might reveal that the UK construction PMI slowed to a reading of 61.5 in January from […]

Stock Trkr
Markets Begin to Correct After A Year of Growth

February 3, 2014 – Indices News Asian markets are down today on worse than expected Chinese non manufacturing PMI  data and anxiety over a possible global slowdown. Keep in mind, Chinese and many other markets are still closed due to the lunar new year. Thus, most of the movement happened in the Nikkei, which shed […]

Stock Trkr