
week dominated by Ben Bernanke's speech at the Boston Fed on maneuvers that the U.S. central bank will do to combat any deflationary risks. The market remains uncertain unable to predict the risk you will face in coming years if a period of deflation or inflation. The rally in Treasuries linked to inflation shows that the Fed will attempt to maneuver through the next quantitative easing, to increase inflation. The increase in liquidity being implemented through the purchase of government bonds is intended to implement an expansionary monetary policy aimed at sustaining growth economy. The 'wealth effect "will be generated first in the financial markets with the hopes of inducing then to stimulate consumption and investment in the real economy. These possible moves have pushed the accelerator in the equity markets last week, but attention to the possible effect on the bond, especially on longer securities scadenza.La Wednesday session, in particular, has seen many major indices to break resistance, an example rupture of the share Dax 6300. The index of China is ready to break the resistance that has stuck since mid last year. For the currency market the dollar continues to depreciate: movement seems to now confirm that the Member United will continue to weaken the dollar against the currencies of the rest of the world. Pound remains stable. Still strong raw materials, not only the precious metals but also the sector of industrial waste. Worth noting is the trend of the gold price hit a record $ 1,381 an ounce before correcting, the trend of appreciation was supported by the possibility of a sharp increase in inflationary expectations. The oil maintains its upward movement, driven by the depreciation of the dollar but also by expectations of strong demand from emerging countries.
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