Global asset markets are quiet on this last trading day before New Year. European Stocks are 0th 3 Percent Higher, EURUSD is down 0th 2 percent, gold spot is up first 6 percent, WTI crude is Unchanged and Spanish & Italian 10-year bond yields are down eight and two basis points respectively. U.S.
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Union Finance Minister Agreed on boosting IMF resources by EUR 150B after a three-hour conference call yesterday. The joint statement said the thought That Could be provided through bilateral loans " " to the IMF’s General Resources Account. Germany Will Be The largest contributor Providing EUR 41st 5b while France Will Provide EUR 31st 4b.
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Sentiments were steadily Optimistic for most of the week before sharpening post ECB risk selloff and hadeeth a strong risk of rebound on the EU summit. The Bigger Picture was left ratherkool mixed by the week’s volatility. Dow managed to close at 12,184 Despite a brief break of 12 000-level, Which Suggested
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Sentiments were steadily Optimistic for most of the week before sharpening post ECB risk selloff and hadeeth a strong risk of rebound on the EU summit. The Bigger Picture was left ratherkool mixed by the week’s volatility. Dow managed to close at 12,184 Despite a brief break of 12 000-level, Which Suggested
View full post on Action Forex (ALL)
Sentiments were steadily Optimistic for most of the week before sharpening post ECB risk selloff and hadeeth a strong risk of rebound on the EU summit. The Bigger Picture was left ratherkool mixed by the week’s volatility. Dow managed to close at 12,184 Despite a brief break of 12 000-level, Which Suggested
View full post on Action Forex (ALL)
Sentiments were steadily Optimistic for most of the week before sharpening post ECB risk selloff and hadeeth a strong risk of rebound on the EU summit. The Bigger Picture was left ratherkool mixed by the week’s volatility. Dow managed to close at 12,184 Despite a brief break of 12 000-level, Which Suggested
View full post on Action Forex (ALL)
Sentiments were steadily Optimistic for most of the week before sharpening post ECB risk selloff and hadeeth a strong risk of rebound on the EU summit. The Bigger Picture was left ratherkool mixed by the week’s volatility. Dow managed to close at 12,184 Despite a brief break of 12 000-level, Which Suggested
View full post on Action Forex (ALL)
Sentiments were steadily Optimistic for most of the week before sharpening post ECB risk selloff and hadeeth a strong risk of rebound on the EU summit. The Bigger Picture was left ratherkool mixed by the week’s volatility. Dow managed to close at 12,184 Despite a brief break of 12 000-level, Which Suggested
View full post on Action Forex (ALL)
Markets consolidated after yesterday’s sharp rally in risk and the U.S. dollar retraced some of the ITS Losses Against the G10 Currencies EXCEPT the CAD and the EUR. U.S. equities were Unable to sustain the positive Territory after brief intraday gains with the DJIA slumping late in the day to close lower
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Dollar was broadly higher last week as sentiments were gene rally weak. Worries on European debt crisis contagion Continued eventhough Political turmoil in Italy and Greece were cleared. Weak Both auctions in Euro Zone, provided no support to neither sentiments and investors’ minds were troubled Also as the dead line for
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