NEW YORK--(BUSINESS WIRE)--Wall St. Analyst (www.wallstanalyst.com) has announced its comprehensive market summary that analyzes the most relevant news, events, and economic releases. This edition of the newsletter provides important details about the Bull Run witnessed by major indices and the vital factors that curtail an overheating market scenario. The newsletter also throws the spotlight on how the US dollar gained against the Japanese yen after the announcement of better-than-expected job growth in February.
Fall in New Jobless Claims Pushes up Oil Prices
WallStAnalyst.com analyzes how crude oil prices witnessed a steady rise after a decline in new jobless claims in February. The recent economic data signals an improving US economy and the gradual tapering of the Fed’s monetary stimulus. On the other hand, US natural gas prices slipped after warmer weather resulted in a tepid demand for gas used for heating purposes. More details about the US oil and gas sector coverage are available at:
US Dollar Bounces Back Over Optimistic Job Data
The US dollar witnessed a sharp rally over the other major currencies after the announcement of stronger-than-expected employment data for February. Adding to the cheer, the Bank of England left its interest rates unchanged, helping the dollar firm up against the GBP. However, data on producer price inflation and the University of Michigan’s preliminary data on consumer sentiments could have a significant impact on the US dollar in the week ahead. More details about currency fluctuations are available at:
Rising Unemployment, Widening Trade Deficit to Hurt Consumer Sentiments
WallStAnalyst.com analyzes how the US stock markets could witness a downfall after reaching new highs with the rising unemployment rates and widening trade deficit. These factors are touted to hurt consumer sentiments in the upcoming week. While recent job data has eased fears of an abrupt economic slowdown, keeping the Fed on track to reduce its monetary stimulus, rising concerns over the Ukraine-Russian standoff and its fallout on the US economy could play spoilsport. More details about the US economic data are available at:
Focus Concepts, and Companies
Boeing
Mitsubishi Heavy
Industries
MasterCard
Skullcandy
Coupon.com
Visa
Baytex
For more information visit www.wallstanalyst.com
