U.S Market Review April, 19, 2012

The Euro weakened for a second day on Wednesday as the European zone debt worries culminated the day before Spain bond auction, which is regarded as the last test of the capacity in addressing the financial pressure of Madrid and the budget. Gold is down over the euro depressed by worries about the European zone.

Oil plummeted almost as much as 2% after data showed crude oil supplies down for 4 weeks in a row at the weekend. While U.S. Stock Exchange adds made-up to drop near the level low, closed depressed earnings reports by a number of technology sector is bad and in the middle of the anxiety of the European zone back sticking out.

Economic Data today is the trade balance from Japan, the NAB quarterly business confidence from Australia, 10-year Treasury bond auctions Spain, consumer confidence from the European zone, jobless claims, existing home sales, the Philadelphia manufacturing index, a leading indicator of the u.s., as well as the reports of earnings from BofA, DuPont, Morgan Stanley, Motorola, Travelers, Verizon, Microsoft, AMD, Capital One, and SanDisk.

EUR/USD closing 1.3123, high 1.3140, low 1.3056, C:1640.50, H:1654.20, and XAUUSD L:1638.20, CO-S c: 102.77, H: 112.49 l: 102.19. Dow c: 12957, H: 13049, L:12952.

Read more »

U.S. Market Review April 18, 2012

The u.s. Dollar and the yen are air-conditioned low-yield weakened on Tuesday, pressured down by improving the global economy that triggered investors to back in a risky commodity currencies higher. Solidnya bond auction results Spain and Germany which improved investor sentiment gives investors the go-ahead to abandon the dollar and yen were impressed. Provide support in the euro against the greenback.

Gold slipped by technical selling action, while crude oil rose to a high level in 2 weeks as Spain reached more than the maximum targets at an auction of bonds and the IMF global growth estimates hiked. The US stock exchange closed near the session high level, assisted by a number of positive earnings reports and meredanya anxiety in Europe.

EUR/USD closing 1.3126, high, low, 1.3172 1.3088 XAUUSD C:1650.20, H:1657.35, L:1634.95, CO-S c: 104.26, H: 105.07 L: 102.66. Dow c: 13024, H: 13070, L:12816.

Read more »

Market Review of U.S. 17 April 2012

Euro rally on Monday, recovering from a low level in the past few months against the dollar and yen and low level 1-1/2 years against sterling in trading that was triggered by technical factors after the hold above technical support level ahead of the auction of bonds this week in Spain.

The price of gold goes down, following the decline on a number of other commodities such as crude oil, over anxiety about Spain's ability to pay off its debts and back wages crisis Europe zone  erode global investor appetite.

The US stock exchanges closed mix, with the Dow moving up closer to the psychological important 13,000 level and the S & P 500 is situated near a key level, however a limited increase of 1,370 as Nasdaq stocks dragged down down by big like Apple and Google.

Economic Data today is the RBA meeting minutes (8: 30), industrial production (11: 30 am), household confidence from Japan (12: 00 pm), the CPI of the United Kingdom (1530), the ZEW economic sentiment from Germany (4: 00 pm), CPI (4: 00 pm), the ZEW economic sentiment from the European zone (4: 00 pm), the speeches of the ECB Draghi (7: 30 pm), building permits (7: 30 pm), housing starts (7: 30 pm), industrial production from the US (8: 15pm), as well as earnings reports from Coca-Cola, Goldman Sachs, IBM, Intel , and Yahoo.

EUR/USD closing 1.3142, high, low, 1.3147 1.2993 XAUUSD C:1651.65, H:1657.85, L:1641.65, CO-S c: 103.18, H: 103.37 l: 101.80. Dow C: 12850, H: 12925, L:12748

Read more »

Market Review AS 12 April 2012

The Euro strengthened against the dollar and yen on Wednesday as the ECB officials hope there sparking program buying additional bonds, but investors see little reaction to push the euro up out of range lately.

Gold steady as the debt crisis continues to be the European zone of intense pressing and tapping the potential of the euro safe-haven demand for gold on the price of oil rises after the interim Government data showing the domestic fuel supply is reduced far surpass the estimated last week, while a decrease in the level of oil imports to limit the increase in the supply of crude oil.

The US stock exchange closed up, supported by a good start on the season earnings and reports the last of the Fed's Beige Book, provides an opportunity for investors to breathe a sigh of relief after a spate of decline.

Economic Data today is MI inflation expectations, employment change, jobless rate from Australia, monthly bulletin, the ECB trade balance from United Kingdom, industrial production from the European zone, PPI, trade balance, jobless claims from the us as well as earnings reports from Google.

EUR/USD closing 1.3109, high, low, 1.3156 1.3064 XAUUSD C:1657.90, H:1662.55, L:1653.20, CO-S c: 102.55, H: 103.13 L: 100.84. Dow C: 12744, H: 12785, L:12686.

Read more »