Daily Market Report

European central bank.jpg

Technical Analysis Daily Majors & Minors

EUR/USD - is currently trading at 1.3137 after the Beige book explained that the US

economy expanded in all of it’s districts. But based on todays market news will this

continue.

Quick Daily update

ECB DAY - Big news as they will base their results on putin and parashenko

speaking speaking yesterday.

EDF Energy says that four nuclear reactors in the UK that were shut down for safety

inspections could stay offline until the end of the year.

Daily News To Watch

Thursday, 4th September 2014 Previous Forecast Actual

12:00pm

GBP Asset Purchase Facility 375B 375B

GBP Official Bank Rate 0.50% 0.50%

12:45pm

EUR Minimum Bid Rate 0.15% 0.15%

13:15pm

USD ADP non farm employment change 218k 216k

13:30pm

CAD Trade Balance 1.9B 0.9B

EUR ECB Press Conference

USD Trade Balance -41.5B -42.5B

USD Unemployment Claims 298k 298k

15::00pm

USD ISM Non-Manufacturing PMI 58.7 57.3

By Nikhil Pankhania

Senior Market Analyst & Trader

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