Morning Market Brief 15/7/15

European Market

- BOE states that the first interest rates hike for England is coming, GBP highly appreciate 0.90% to $1.5628/GBP.

- Stoxx 600 rose 0.5% closed at 398.3.
The U.S. Market

- The U.S. Dollar Index  fell 0.18% from weaker retail sales, lowest since February.

- DJIA rose 75.90, or 0.42%, closed at 18,053.58. NASDAQ rose 33.38, or 0.66%, closed at 5,104.89. S&P 500 rose 9.35 or 0.45%, closed at 2,108.95. 

Oil

- Iran nuclear talks reached agreement, WTI fell 2.3% shortly afterward.

- Keep an eye on U.S. stockpiles today, as inventories levels reached one of its highest totals in the last 80 years: 465.8 million barrels, last week. 

- August WTI rose 84 cent closed at $53.04 as Iran's oil will take months to reach the world market.

GOLD

- The strong U.S. dollar causes dollar-denominated commodities such as gold become more expensive for foreign purchasers when the dollar appreciates.

- Keep an eye on Yallen testifies today and tomorrow.

- August gold fell $1.9, or 0.16%, closed at $1153.50.