The Euro weakened for the third
session of the dollar on Wednesday after a bad return data Europe turn
the anxiety about a slowdown in the region towards the more general
elections in France and Greece.
Gold
tumbles as the decline on the stock exchange and other commodities,
following private sector employment data AS disappointing and weak
physical demand, crude oil also fell over the supply of U.S. crude oil
climbed to the highest level in more than 20 years. Wall
Street managed to recover from the downturn at the beginning of the
session for ditutip mix, but anxiety about the weak ADP data made
investors stay cemasn ahead of Friday's NFP data.
Economic
Data today is AIG services index of Australia, non-manufacturing PMI
from China, nationwide HPI, Halifax HPI, services PMI from the United
Kingdom, the PPI of the European zone, the decision of interest rates
and the ECB press conference, jobless claims, ISM non-manufacturing PMI
from the US, as well as the reports of earnings from GM, Kraft, AIG, and
LinkedIn.
EUR/USD closing 1.3161, high, low, 1.3241 1.3124 XAUUSD C:1653.20, H:1662.95, L:1646.45, CO-S c: 105.39, H: 106.05 L: 104.91. Dow c: 13204, H: 13252, L:13135.
Posted in: AIG,and LinkedIn,as well as the reports of earnings from GM,ISM non-manufacturing PMI from the US,jobless claims,Kraft,Market Review of The U.S 03 May 2012