week trading marked by minus signs on the international stock markets that they can not find the strength that has characterized the first weeks of January. The pressure of events in North Africa, the high prices of raw materials and the descent of the dollar and now, even the economic impact of the earthquake in Japan, are bringing to market power in situations of uncertainty.
the American market, the S & P 500, retrieves the last week on the final support at 1300 points by improving the setting. In the Old Continent unlike America's major indexes showed a major weakness. The theme of the coming week will be to verify which will give direction to the market trend, if the U.S. based more upward than downward Europe. Furthermore, emerging markets remain weak, making falls to record up to 4 percentage points to China and Korea. Year to date these markets are definitely showing a loss of relative strength. Recovery only in Turkey. In terms of sub-sectoral, very impressed with those related to basic resources as they held their positions only Food and Telecom. On the currency front, the euro has shown the same tendency towards the general depreciation of currencies: the exchange rate to the dollar in the area has now reached 1.40 / 1.41. The bond, due to the difficulties of the equity, recovers some location: the long maturities come to earn up to 50 bps.
the American market, the S & P 500, retrieves the last week on the final support at 1300 points by improving the setting. In the Old Continent unlike America's major indexes showed a major weakness. The theme of the coming week will be to verify which will give direction to the market trend, if the U.S. based more upward than downward Europe. Furthermore, emerging markets remain weak, making falls to record up to 4 percentage points to China and Korea. Year to date these markets are definitely showing a loss of relative strength. Recovery only in Turkey. In terms of sub-sectoral, very impressed with those related to basic resources as they held their positions only Food and Telecom. On the currency front, the euro has shown the same tendency towards the general depreciation of currencies: the exchange rate to the dollar in the area has now reached 1.40 / 1.41. The bond, due to the difficulties of the equity, recovers some location: the long maturities come to earn up to 50 bps.
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