Add gainnya to the Euro on Thursday, the dollar rose to the top level of $ 1.32 for the first time in more than a week after the bond yield down Italy and us jobless claims increased. The spot price of gold rises more than 1%, technical buying in action, strengthening of the euro and an additional stimulus expectations of Fed.
Oil rose for the second day as a weakening dollar sparked buying assets at risk action and hopes for additional stimulus in the u.s. back to appear. Wall Street rally, driven by the rise of GDP growth prospects in China and amid expectations of further monetary easing.
Economic Data today is the BoJ meeting minutes, GDP, industrial production, retail sales of China, CPI, industrial production of Germany from Italy, the United Kingdom of the CPI, PPI, the University of Michigan consumer sentiment report from the u.s. as well as earnings from JPMorgan and Wells Fargo.
EUR/USD closing 1.3187, high, low, 1.3212 1.3100 XAUUSD C:1675.70, H:1680.00, L:1650.75, CO-S c: 103.64, H: 104.24 l: 102.39. Dow C: 12950, H: 12955, L:12737.
Posted in: BoJ,economic data today,industrial production,oil rose,retail sales of china,U.S Market Review on 13 April 2012,university of michigan consumer sentiment,wells fargo