DAILY MARKET REVIEW - 8th November 2013 - Morning Forex: EUR was bullish compared to USD during Thursdays Asian session and went up 0.06%, mainly because of waiting for the European Central Bank meeting later Thursday. AUD was bearish compared to USD and lost 0.56% during Thursdays Asian session, since some concern appeared on jobs data. CAD was in an uptrend compared to most of its major peers, thanks to the nations biggest export crude oil, which finally rose from its lowest level in five months. GBP climbed 0.2% compared to USD, thanks to the government data release of increase of industrial production. Metals and Commodities: Gold futures for December were bearish and went down for 0.08%. Comex silver for December delivery fell 0.02%, Copper for December delivery was bullish and climbed 0.11%. Natural gas prices were in an uptrend yesterday, since wether forecasts data had shown the below-normal temperatures across portions of the central and eastern U.S. next week. Sweet crude oil futures for December delivery climbed 0.19% during the Thursdayss Asian session. Global Markets: Asian stocks were bearish, due to U.S. economic data release, which did not reach the expectations of earnings. Treasuries are in the lowest level in three years compared to their international counterparts, because of speculations of the Federal Reserve on its bond-buying program in the months ahead. Learn more at afxants/ #forex #fx #money #metals #commodities #marketreview #globalmarkets
Posted on: Thu, 07 Nov 2013 07:23:41 +0000