Market Review U.S & Europe 18 May 2012

Crude oil weakened related news from Europe and weak economic data. Thursday, gold had the biggest daily gain since January, continuing a rally while the return action.

The Euro is moving down the banking worries related Greece and Spain. Opening up new opportunities for Greece out of the Euro and disappointing us economic data. The U.S. stock exchange slumped Thursday, with the Dow plummeting more than 1%, with the accession of Spain bond yield.

EUR: C: 1.2699 H: 1.2749 L: 1.2665; XAU: 573.40 H: C:1, 1, 579.80 l: 1, 538.75; Oil: C: H: 93.88 92.90 L: 92.09; DJIA: C: H: 12,413 12,644 L: 12,409.