Market Commentary, March 25
April 4th, 2010
Day trips in the European markets, which once again highlights the fall of the Spanish selective with a -1.18%, while the other major markets, except the Parisian square -0.05% recorded moderate increases: The FTSE up 0.07% and the German DAX by 0.36%.Within the Spanish market highlighted the financial sector, which has been the hardest hit in this day with a fall of 1.89%, highlighting the collapse of Banco Santander of 2.49% followed by Banco Sabadell to 2.36%. The second most affected sector was the Repsol Energy to the head, down from 1.48%. The most favored sector in this day was the Materials with an outstanding increase in MTS in this day marked by widespread
losses.
In the U.S. markets the day was negative, with closures around half a percentage point negative, with the telecom service sector as the worst hit, with a drop of -1.05%. By the Japanese Nikkei Index, the day was slightly positive, with a 0.13% appreciation, with the sector of information technology as the most prominent with an increase of 1.12%.
On the macro data on MBA Mortgage Applications out worse than before, with a -4.2%. The data for Durable Goods Order improved the previous, but was worse than expectations, with 0.5%. The New home sales came in line of the previous and expected.
The price of American crude fell yesterday -1.34% at $ 79.62. In the exchange rate Euro-Dollar suffered a fall of -1.36%, bringing the exchange rate at 1.3315. The assessment of an ounce of gold stood at $ 1,086.65, -1.67% depreciated.
In the U.S. markets the day was negative, with closures around half a percentage point negative, with the telecom service sector as the worst hit, with a drop of -1.05%. By the Japanese Nikkei Index, the day was slightly positive, with a 0.13% appreciation, with the sector of information technology as the most prominent with an increase of 1.12%.
On the macro data on MBA Mortgage Applications out worse than before, with a -4.2%. The data for Durable Goods Order improved the previous, but was worse than expectations, with 0.5%. The New home sales came in line of the previous and expected.
The price of American crude fell yesterday -1.34% at $ 79.62. In the exchange rate Euro-Dollar suffered a fall of -1.36%, bringing the exchange rate at 1.3315. The assessment of an ounce of gold stood at $ 1,086.65, -1.67% depreciated.
Tags: Euro Dollar, FTSE, Gold Ounce, IBEX, Nikkei, Santander