The Euro strengthened against the
dollar and yen for a second day on Wednesday as investors reduced
positions bearish on the euro in the optimistic about elections in
Greece, though anxiety about Italy and Spain bonds yield limiting gains.
Gold
price rises due to the action of buying safe haven amid uncertainty
ahead of crucial elections in Greece, while crude oil was down about 1%
over u.s. economic data is bad and the anxiety regarding the European
zone.
The U.S.
stock market in a downturn towards the close of adds, amid anxiety about
the European zone at this time and after the Agency Egan-Jones rating
cut the credit rating of Spain to be CCC + B.
Economic
Data today is MI inflation expectations of industrial production from
Australia, Japan, the decision of interest rates, financial stability
report, and the press conference, the SNB's monthly bulletin, the ECB,
the European zone CPI CPI, jobless claims, current account from us.
EUR/USD closing 1.2557, high 1.2610, low 1.2472 XAUUSD, C:1619.45, H:1624.65, L:1606.35, CO-S c: 106.02, H: 132.72 l: 84.6. Dow c: 12,429, H: 12531, L: 12381
Posted in: Market Review of U.S. 14 June 2012