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Blog / Forex vijesti / --->30-01-12 - Daily Market Review

--->30-01-12 - Daily Market Review

30.1.2012
 
 
  Important Financial Indicators of the day Forecast Previous
EUR   All day Economic Summit    

Currencies

  • EUR/USD The euro declined against the dollar, snapping a five-day gain, before European Union leaders meet in Brussels to discuss the region's debt crisis.
    • The euro slid 0.4 percent to $1.3169 as of 6:35 a.m. in London from the Jan. 27 close in New York
  • USD/JPY fell during the Friday session as the Dollar continues to weaken against most other currencies, the area just below 76.66 starts the support level that the Bank of Japan has been defending.

Commodities

  • Oil declined before a meeting of European Union leaders to discuss the region's debt crisis, which has slowed the economy and threatened to curb fuel consumption.
    • Crude for March delivery fell as much as 82 cents to $98.74 a barrel in electronic trading on the New York Mercantile Exchange.
  • Gold ticked lower on Monday after earlier rising to its highest in more than seven weeks as investors awaited the outcome of Greece's debt deal talks.
    • Gold hit a high of $1,739 an ounce, its strongest since December 8, on safe-haven buying after data showed U.S. fourth-quarter economic growth was weaker, however it found resistance at 1739.00 and pulled back to 1725.95 the lowest for today 7:39 GMT.

Equities

  • Asian stocks fell, with a regional benchmark index dropping from a three-month high, ahead of a European summit on the region's debt crisis.
    • The MSCI Asia Pacific Index rose 1.2 percent.
    • Japan's Nikkei 225 Stock Average rose 0.4 percent.

Sources: Bloomberg, FT


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