Dollar falls after deceptioning data



The US dollar fell against major world currencies today, after data showed that applications for unemployment benefits in the US rose unexpectedly last week and that new home sales in the country fell more than expected in March.

The dollar came under pressure after the US Department of Labor has informed that the number of individuals who filed new application for unemployment benefits in the week ending April 18 increased by 1,000 to 295,000, the total of the previous week 294,000.
Analysts had expected new claims for unemployment benefits fell by 4,000 to 290,000 last week.
Data also showed that new homes sales in the US fell 11.4% last month to 481,000 units, after a revised increase of 5.6% to 541,000 units in February. Analysts had expected the new home sales fell 5.3% to 513,000 units in March.

The dollar index, which measures the strength of the US dollar against a basket of six other major currencies, fell 0.60% to 97.66.


Coins projection: April 6- April 10



The US dollar had a strong fall against major world currencies on Friday after an unexpected weak employment report in the US have seen investors reduce expectations of a rise in interest rates by the US Federal Reserve (Fed) in the second half of this year.

The US Labor Department reported that the US economy added 126,000 jobs in March stations, less than half the gain of February and the smallest increase since December 2013. Economists had
projected an increase of 245,000 jobs in last month.

Why invest in PETROBRAS stocks?

Ahead of the area of ​​Investor Relations , primary interface between the company and its stockholders tas , the economists Marshall ta Theodore Helms executive manager of Investor Relations , experiencing a good time at Petrobras . After all , leading a team of 48 people , which informs the market about the performance of Petrobras and its main strategies , Helms dissects usually why it's worth investing in Petrobras . And the market today , attests that valley. The site of Fortune magazine , an annual list published in June 2009 , recommends actions ensuring that Petrobras is " one of the companies best positioned to grow in coming years , given the recovery in oil prices and the discoveries made in the Province preview - Sal mainly Tupi , the largest in 20 years . " The investment banker Matthew Simmons , one of the world's experts on energy, was adamant in saying the Exame magazine in July that the future of the industry depends on Petrobras , " the only company that is capable of captaining the increase in world production oil . " Moreover, in rankings released by consulting firm Ernst & Young this year considering the stock value of 300 global companies that have appreciated at the end of the first half , Petrobras was considered the eighth largest global enterprise , whereas in the United consulting firm Economática released in August , was considered the fourth largest publicly-traded capital of the Americas . On the Company's performance and what makes it a good investment , Helms provides details , in an interview with Petrobras Magazine .

In general , one can say that it is worth investing in Petrobras ?
Petrobras has a substantial base of proved reserves , now estimated at about 15.08 billion barrels of oil equivalent according to criteria of the Society of Petroleum Engineers . This means assured production for 14 years or so, not counting the recent discoveries in pre-salt province and there are areas still to be explored by the Company , both in Brazil and abroad, which we believe will translate increased production of durable and sustainable . The Company is also a leader in the production, refining and transportation of oil and oil products in Brazil , its main market , considered grand relatively new and growing . This framework ensures Petrobras unique position in the world . While the other major companies in the oil and gas sector are still in search of new deposits , Petrobras stands out for its ability to replenish reserves to increase production . The company knows exactly where you're going and how. His vision is long term and is clearly expressed in its 2009-2013 Business Plan and Strategic Plan Petrobras 2020.

Gold and Silver prices fall after US employment data and IPC


The prices of gold and silver fell on Thursday , as investors are awaiting important U.S. data later in the day for indications about the strength of the economy and need for stimulation .
Gold and silver fall before U.S. jobs data and IPC
On the Comex division of the New York Mercantile Exchange ( Nymex ) , gold maturing in June fell 0.21 % , or $ 2.80, and was trading at U.S. $ 1,303.10 a troy ounce in U.S. trade morning .
The prices were in a range between U.S. $ 1,301.50 a troy ounce to U.S. $ 1,307.30 a troy ounce . On Wednesday , gold rose to U.S. $ 1,309.20 an ounce , the highest level since May 7 , before getting U.S. $ 1305.90 , advancing 0.86 % , or $ 11.10.
It is expected that gold futures find support at U.S. $ 1,289.10 per ounce , the low of May 13 and resistance at U.S. $ 1,315.00 , the high of May 7.
Also on the Comex , silver maturing in July fell 0.44 % , or 8.7 cents to $ 19.68 per ounce . On Wednesday , the futures recovered to $ 20.00 per ounce, the highest level since April 15 , before becoming U.S. $ 19.77 , advancing 1.17 % , or 22.8 cents .
It is expected that the silver futures find support at U.S. $ 19.36 per ounce , the low of May 13 and resistance at $ 20.00, the high of May 14 .
At the end of the day , the U.S. was to release data on new claims for unemployment insurance , consumer inflation and industrial production as well as a report on manufacturing activity in the Philadelphia region.
The dollar index , which tracks the performance of the U.S. dollar against a basket of six major currencies , rose 0.2 % to 80.28 .
A stronger U.S. dollar typically weighs on gold, because the currency diminishes the appeal of the metal as an alternative asset and makes commodities traded in dollars more expensive for holders of other currencies .
In metals trading , copper maturing in July rose 0.18 % , or 0.6 cents to $ 3.166 per pound .
In the euro zone , data released earlier showed that growth in the region grew less than expected in the first three months of the year , while the growth of the French economy stagnated .
Eurostat reported that the gross domestic product ( GDP ) in the euro zone grew by seasonally adjusted 0.2 % in the first quarter , below expectations of a 0.4% increase .
The prices of the red metal recovered for a ten-week high yesterday, amid speculation that demand in China , the biggest consumer of the commodity , gain strength in the short term . The Asian nation is the world's largest copper consumer , accounting for almost 40 % of world consumption last year .

Source: invest.com