Daily Remarkable news 1/14/2014

The British pound fell sharply

GBP fell sharply in trading yesterday as the market fears the UK economy slowed in the final quarter of 2013. The report released last week showed growth of UK manufacturing output in November last 3-month low and much lower than the forecast of analysts . Meanwhile , yesterday JPY rise when the stock market plunged , increasing demand for haven assets . The U.S. stock index plunged the most in the last 2 months prior series forecasting corporate profits decline .

Economic Statistics today 's notable retail sales 12/ 2013 U.S. . USD is under pressure to reduce prices after reporting disappointing U.S. labor market published last week . If giving bad data than expected , the greenback is likely to continue to go down .

GOLD PRICE rose slightly Monday's session

Closed session last night in New York , gold for immediate delivery rose nearly 5 USD, to $ 1,253 / ounce , the highest level in the last 1 month . This precious metal prices supported after statistics released on Friday showed the U.S. job market is weak , meaning that the Fed can not accelerate downsizing of easing package amount of QE3 .

According to experts , with a strong rally last week , gold prices may also move beyond this week. However, investors should continue to monitor the economic data for the U.S. , by private employment report released last week is not enough to set a new trend for gold prices . If the data less optimistic about the U.S. economy continue to be made , the price of gold will have greater opportunities to continue to grow

(sources: collection)