Week toned bag with recoveries on all international stock exchanges. The indices are brought back to near the maximum short. The S & P 500 closed the week on the annual maximum area in 1220, despite the data on employment American remains worrying. The weekly budget remains positive for equities and commodities, while negative for bonds. The European bond market suburb continues to severe strains the indecisiveness of the member countries for policy to be implemented to save the euro area countries in crisis. Well this week's auction of government securities in Spain. Tensions, however, the European bond market is not over. We must wait for the next heavy deadlines for repayment of bonds and English portaghesi to dissolve the prognosis on the health of their economies.
On the stock market, the DAX well that ends very close to the maximum of 2010 driven by sectors that, even in Europe are confirmed as the strongest (Industrial, Chemical, Automotive, Household goods and the person). Sottoperformanti remain, however, banking, insurance, utilities and telecom. Their bearish trend is reflected in lower performance indices such as FTSE and IBAX Mib high financial content, which also suffered from an increased risk country.
About the raw materials, characterized by strong increases week after the correction of mid-November (both energy and precious metals). The quotes are supported by growing demand from emerging markets. Weak the Bund, by now a media comuque discrete value.
Focus on the FTSE Mib , the index maintains a low strength relative shareholding in Europe. The index is doing for some time to record maximum decreasing. Is dangerously close media area and 19,800 under the medium-term bullish trend line, broken last week. (See chart)
0 comments:
Post a Comment