Posts Tagged ‘Gold Ounce’
Market Commentary, March 23
The IBEX closed the meeting at 10861.90 points with a drop of -1.17%, with all sectors except red consumption, rising 0.26% and 1.69% above technology. For companies, the largest increases were for OHL and Indra a 1.90% and 1.69% respectively. However, the worst results were for Sacyr and Bankinter a -4.57 and -3.01%. (more...)Tags: Dow Jones, Euro Dollar, FTSE, Gold Ounce
Market Commentary, March 25
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%.(more...)
Tags: Euro Dollar, FTSE, Gold Ounce, IBEX, Nikkei, Santander
Opening FX: Today begins the European Council meeting
Today begins the expected European Council meeting in Brussels which will discuss in detail the possible rescue plan for Greece. The chronic stress that Germany’s strategy to avoid passing an explicit agreement rescue while Greece can continue to issue debt in international markets. Germany also use the occasion to try to impose greater fiscal discipline with which to prevent further attempts at debt problems. There is talk of a Stability and Growth Pact (SGP) which strengthened penalties could be imposed over those countries that exceed the deficit level permitted in an appellant, including the temporary suspension of the Euro Zone. For this reason many experts believe that community matters will be difficult to reach a final agreement.
Tags: Aussie, bonds, Brent barrel, Euro Dollar, Forex, Gold Ounce, Kiwi, Pound, Swiss Franc
