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The course of the common European currency remains under pressure. Informed the agency DPA. Euro today ...
On US stock markets yesterday traded due to the celebration so. President's Day. Friday's trade Ovan was due to an increase in the minimum reserve banks in China in response to the huge increase in loans over the past year, the situation around Greece and data on the increase in retail sales and a decline in consumer confidence in the US. What then expect the equity markets?
Today's markets will follow the conclusions of the meeting of EU finance ministers (yesterday met only euro area finance ministers) who should outline how they will proceed track usps to help Greece. We do not expect that the specific plan, which will mean a negative market reaction. track usps
Shares of Bank of America and Citigroup Inc. fell, after the credit outlook was lowered track usps to negative rating agency S & P based on the low probability that the US government again proceeded to rescue troubled financial institutions.
Today's recommendations to purchase (Technical Indicators): Adidas, Aegon, Allianz, Bayer, Danone, Deutsche Post, EDF, France Telecom, K + S, Man, Admiral Group Plc, Anglo American, BG Group, British track usps Airways, British Land, Capita Group, Carnival, Compass Group, Intercontinental, Old Mutual.
Today outlook for silver is slightly positive. The increase may be extended up to 16.00, track usps but we are likely to see trading in a range from 15 to 16.00 USD / ounce. Oil prices are these days still affected by the events surrounding Greece and speculation about how the new restrictive measures to slow credit growth and raising the minimum reserve banks in China reflected on the economy of the country. What are the conditions of market responses?
There wider range 65-80 USD / barrel meets the market as well as producers. track usps But markets are receiving mixed signals when the IEA (International Energy Agency) sees an increase in demand for oil on the basis of economic growth in emerging markets, but on the other hand, OPEC lowered growth forecasts of demand. This could lead to further pressure on oil prices.
Prior to oil prices were at $ 33.98 / barrel just a few months after a peak at 150 USD / barrel. When we realize how extreme events occurring in the market from speculative bubble in real estate and commodities in the 2008 financial crisis, the bank rescue track usps packages and current uncertainties as further volatility track usps is only the result of investor sentiment.
Today will be the sign of the expected results and meeting of EU finance ministers. track usps We do not expect any concrete plan, which will have a negative impact on the euro. Requirements for fiscal consolidation track usps and spending cuts are self-evident and can not be viewed track usps as a special measure. What other context, taking into account for the predicted market situation EURUSD?
The current problem situation is a great opportunity for Greece, which has been plunged itself to its management, as you put right on public finances. Therefore any advice, advice or assistance should be seen as positive.
Today will be published indicator of business sentiment in Germany track usps ZEW about 11:00 CET. Alternatively, more information will have a positive impact on the euro, since not solve the financial problems of Greece, on the other hand, poorer data mean slower recovery and worse situation for Greece.
The market is extremely large volume of short positions in futures contracts on EURUSD especially from hedge funds. It should however, be very careful, track usps because the mood may change at any time.
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