Last week there were conflicting implications for the international indices. The market correction was triggered by China and the peripheral countries of the Euro. The market has seen alternating positive steps to fix more or less marked, on the whole, however, has not changed the technical way in significant. A correction of physiological therefore justified by an increase that lasts without interruption for ten weeks. Among the most profitable markets, he points out, for once, the Nikkei, able to recover enough to return to positions far above 10000 points. The Dax, however, maintains its strength by setting the best performance among the European markets, the worst, however, it is Italy. The reason lies in the weakness of the Italian banking sector, the sector this week showing a -1.6%.
On the bond market, new week of price reductions, especially in Europe in the wake of the Irish crisis. Riamane yet to be seen what impact the crisis will mainly Irish on weaker countries, Spain and in Portagallo primis.I two countries are so vulnerable because Ireland whose banking system has recently increased its dependence on the European Central Bank.
Even the raw materials have yielded more ground this week in response to tightening monetary policy of China (which has increased by half the ratio of reserve requirements for banks), their performance will be heavily influenced by the ability of China to curb the inflationary spirals without compromising economic growth. This week also gold and oil have moved in corrections.
0 comments:
Post a Comment