Financial Markets Today - By - Fri, July 13, 2012

Discussion in 'Forex Trading Discussion' started by fxwdnet, Jul 13, 2012.

  1. fxwdnet

    fxwdnet ECZ Newbie

    Apr 3, 2012
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    It is our pleasure to present you with daily analysis and a list of important events in the week to come.

    U.S. Markets

    U.S Markets were closed lower yesterday as investors were still reacting to the negative FED protocols which did not support an additional financial easing program. Dow Jones index futures points to a higher opening. Yesterday, The Dow Jones index was closing at 12,573 -0.25%, the S&P 500 index was closing at 1,334 -0.50% and the NASDAQ index was closing at 2,866 +0.75%.

    European Markets

    European Markets were closed lower yesterday. Moody's ratings has lowered Italy's credit rating by 2 levels, to a "Baa2" compared to a previous level of "A3", with a negative outlook. Yesterday, The FTSE 100 index was closing at 5,608 -0.99%, the German DAX was closing at 6,419 -0.53% and the France CAC was closing at 3,135 -0.70%.


    Asian Markets

    Asian Markets were traded with a positive sentiment as Chinese second-quarter GDP data landed in line with analysts forecasts. Another report from China, the industrial production index for June has expanded by 9.5%, compared to a 9.6% increase in May. Earlier Today, The SSE Composite Index In China was trading around 2,184 -0.03% while the Hang Seng Index in Hong Kong was trading around 19,111 +0.45%, and the Nikkei 225 Index in Japan was trading around 8,728 +0.10%.


    Commodities & Foreign Exchange

    The U.S Dollar Index is higher, currently traded around 83.59 on a lower Euro. Crude NYMEX is down by 0.19%, currently traded around $86.30. Gold prices are up by 0.30%, the precious metal is currently traded around $1,570, Spot Silver is currently traded around $27.21.


    As always, we wish you a successful trading week - and look forward to serving all your trading needs.