Saturday, June 22, 2013

Highlights International News morning 22/6


 




                                   Wall Street recovered slightly after 2 sessions plunge - Reuters

  After the plunge by the impact from the Fed, Wall Street and the price of gold was recovered, while European equities and oil continues to decline.


    
Wall Street recovered slightly: After 2 sessions significantly reduced by cuts announced stimulus package worth $ 85 billion / month the Fed, Wall Street investors were calm again, though many also fret. This helps Dow Jones and S & P500 recovery, while the Nasdaq decline is muted.



    
Specifically, the session ends 21/6, the Dow Jones rose 41.08 points (+0.28%) to 14799.4 points. The S & P 500 rose 4.24 points (+0.27%) to 1592.43 points. The Nasdaq composite index fell 7.39 points (-0.22%) to 3357.25 points.



    
During the week, the Dow fell 1.8%, the S & P fell 2.1% and the Nasdaq lost 1.9%. This is the largest weekly drop for all three indexes since April and is also the fourth weekly decline 5 biggest decline in the history of the index.



    
European stocks continued to fall: But not in reverse as Wall Street rally, but the decline of European equities was slow down during the final weeks of the session did not brake before it plummeted by following impact statement FED. Specifically, the session ends 21/6, Britain's FTSE 100 index fell 43.34 points (-0.70%) to 6116.17 points. Germany's DAX index fell 139.24 points (-1.76%) to 7789.24 points. France's CAC 40 Index fell 40.89 points (-1.11%) to 3658.04 points.



    
Asian stocks recovered late: After falling sharply by the impact of the Fed statement reduced stimulus package and China's economic data, Asian stocks opened the final trading week continues to sink in the red, However, strong buying late to help the recovering index, in which Japanese stocks reversed successfully. Specifically, the session ends 21/6, only Japan's Nikkei 225 rose 215.55 (+1.66%) to 13230.13 points. Only Hong Kong's Hang Seng Index fell 119.56 points (-0.59%) to 20263.31 points. The Shanghai Composite fell 10.93 points (-0.52%) to 2073.10 points.



    
Gold prices recovered sharply: After the plunge more than 5% in session 20/6 after Fed statement, gold prices have recovered strongly in the last session due to the purchase is automatically activated when gold fell to a slim least 3 years. End of 21/6, spot gold prices on the New York Mercantile Exchange rose $ 24.2 (+1.9%), to $ 1,298.6 / ounce. August-delivery gold on the Comex rose $ 5.8 (+0.45%) to $ 1,292 / ounce.



    
Oil prices continued to decline: While other market recovery, the oil price continued to decline as the dollar continues to rise. Ending 21/6, Brent prices fell $ 1.13 (-1.11%) to $ 100.91 / ounce. Market price of crude oil in New York fell $ 1.51 (-1.59%) to $ 93.63 / barrel.

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