News Column

WallStAnalyst.com: US Dollar Softens on Weak Economic Indicators; Ukraine Crisis Pulls Down US Oil Futures

February 28, 2014



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 an insight into why the US dollar slumped against the Euro after Janet Yellen stated that the Fed will stick to its monetary policy despite concerns over soft economic indicators. The newsletter also throws the spotlight on how oil and gas prices witnessed a slight fall after prospects of improving weather conditions in the US.

US Dollar Slumps Against Major Currencies as Fed Sticks to Preset Course

WallStAnalyst.com analyzes how the US dollar fell against major currencies after Yellen stated that the Fed is likely to maintain its stance of tapering asset repurchases. Moreover, disappointing weekly jobless claims numbers as well as weak retailing, manufacturing, and home construction data had a detrimental impact on the greenback. Yellen also reiterated that the weak economic data could be partly attributed to the harsh winter weather. More details about the US dollar movement are available at

http://wallstanalyst.com/blog/entry/dollar-falls-on-weak-economic-front-yuan-drops-to-10-month-low

Oil and Gas Prices Fall on Ukraine Turmoil

WallStAnalyst.com analyzes how the oil futures closed lower following turmoil in Ukraine that could disrupt supply in the coming weeks. The market also reacted negatively to the lower-than-expected climb in US crude supplies and rise in distillate stock. The natural gas market witnessed increased volatility after the release of the latest US weekly supply data, closing lower after supply picked up over the week. More details about the US oil and gas sector is available at

http://wallstanalyst.com/blog/entry/oil-slips-on-ukraine-risks-and-improving-weather-forecasts

Earnings Releases Disappoint with Tough Retail Environment

The recent earnings releases of major retail and energy companies point to a tough retail climate and sluggish holiday season that failed to attract shoppers despite heavy discounts. While retail firms are looking at a multi-channel approach to plump up sales, energy companies are adopting measures to increase profits from oil and gas future derivatives. More details about the earnings releases of major companies are available at

http://wallstanalyst.com/research-desk/market-monitoring/1464-earnings-release-28-feb-2014

Focus Concepts, Sectors, and Companies

Gap Inc.

Breitburn Energy

The Wendy's Co.

Best Buy

3D Systems

Isis Pharmaceuticals

Endo Health Solutions

For more information visit www.wallstanalyst.com




Wall Street Analyst

Ms. Vani Rao, Chief Editor

+1 (347) 394 0245

press@wallstanalyst.com


Source: Wall St. Analyst


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Source: Business Wire


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