Monday, January 9, 2012

BlackBerry Battery up 0.73%. EUR/USD falls 0.86% EQB

129667840543584142_342On Friday, the eurozone's three largest economies France, Germany and Italy before in one-day meeting of leaders in the end not put forward any short-term solution the eurozone sovereign debt crisis, markets expressing general frustration BlackBerry Battery, coupled with biaopu cut Belgium rating also increases European debt concerns, the euro plunged against the dollar, the dollar index rose to 1.5-month high of 79.70. In New York currency market closing, $ 79.61 points, up 0.73%. EUR/USD falls 0.86%, 1.323. EUR/USD earlier there have been seven weeks since its lowest level of 1.3224. Ratings agency standard and poor's announced today will be Belgium's credit rating by the AA call down to AA Diablo 3 Power Leveling, but also to theA big pressure of the euro. This week on United States Thanksgiving holiday in New York for a long time trading Friday, the main index lower, then rose, but eventually closed down. The Dow Jones industrial average fell 0.23%, decrease of standard and poor's 500 index also has 0.27%. Traditional Black Friday shopping day of the Thanksgiving holiday was not able to help us stocks index remains wellGains momentum. On Thursday, France President Nicolas Sarkozy, Germany, Angela Merkel and Italy met in Strasbourg Prime Minister El. Mrs Merkel and Mr Sarkozy said at a news conference afterwards, the two countries had agreed at the next Summit of EU leaders in the EU submitted a modified proposal to the Convention, to further strengthen the euro-zone countries the financial ties of love. But minAnalysis of the masters generally believe that this position does not have any follow-up, investors generally felt disappointed. The other hand, the rating agency Moody's Investors Service announced on that day will be Hungary's sovereign debt rating to Baa3, Ba1 to raise reduced to junk status. This decision allowed Hungary forint were under great pressure, euros and dollars for Hungary forint exchange rate respectively FridayAnd to 1.6%. RBC capital markets global emerging markets Analyst Nick Chamie believes that "we think that Hungary does not balance, sometimes even doing a very unorthodox economic and fiscal policy, as well as high debt burden, coupled with the weakness of the financing capabilities make the defensive ability of countries to external shocks is very weak. "He added,"This downgrade will further narrow the Hungary of the scale of outside investors, who is also Hungary financing needs mainly relied on, which would allow Hungary's problems became more serious. "Another bad news is that Germany, Angela Merkel, once again, in a statement Thursday to oppose the proposed eurozone bonds, and that in the euro zone within 17 Member States using the sameInterest rates would be a wrong signal. France President Nicolas Sarkozy, then agreed with Germany's views on the request of the European Central Bank would no longer demand their participation in the debt crisis assistance. Rabo Bank, senior currency analyst Jane Foley stressed that "the sovereign debt crisis has reached a crossroads, to see politicians going to bow to market pressures. MarketWant some form of euro-bonds to obtain is a European Central Bank abandon cautious stance, large-scale purchase euro Government bonds right away. "Italy two-year, five year and ten-year government bond yields on Friday over the 7%, ten-year benchmark Government bond yields have been as high as 7.24%. Beijing 06:59, the dollar index daily 79.61.

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