
The week just ended was marked by the weakness of emerging markets that until now had better right the brunt of the correction for the area, the area markets remain affected by the news on inflation. The indices that recorded the greatest losses in week one Chinese, one Korean, and then the Russian, the latter due to the weakening of oil prices. Indexes reached new highs but Americans, in particular the Nasdaq, which is now on 2007 levels, eliminating completely the crisis. Even in Europe this week's indices are force, in particular from the report that Dax is able to overcome the resistance at 7200 points with the best performance among the markets of the Old Continent. The basis of this movement there is a growing optimism on growth, while government debt prices fall slowly but steadily. In Europe, declining only Spain and the Nordic countries, the latter weakened by the debacle of Nokia. Among sectoral funds, confirming the trend towards normalization in the relations of relative strength: force found chemicals, industrial and auto.Debole, as mentioned, oil. In the field of Forex, Euro and Yen Franco gains positions, although one of the CDS were banks and indicates some increase. Continue down the Bund, the bond market remains quite weak.
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