fxwdnet Posted July 17, 2012 Report Share Posted July 17, 2012 It is our pleasure to present you with Winoptions.com daily analysis and a list of important events in the week to come. U.S. Markets U.S Markets were closed with modest losses following disappointing macro data and the IMF lowers its global growth forecasts. The Fed Chairman is expected to address the Congress Today and report on future monetary policy it intends to take. Dow Jones index futures points to a higher opening. Yesterday, The Dow Jones index was closing at 12,727 -0.39%, the S&P 500 index was closing at 1,353 -0.23% and the NASDAQ index was closing at 2,896 -0.40%. European Markets European Markets were closed with little change yesterday. The Central issue in Europe continued to be the LIBOR manipulation in Britain. It seems that the U.S. Justice Department intends to launch an investigation against several financial institutions in the U.S for alleged involvement in the LIBOR manipulation. The European Central Bank has decided to impose part of the losses caused to Spanish banks on bond holders. Finance ministers of the Euro zone, are expected to meet over the weekend to discuss further steps to deal with the European financial crisis. Yesterday, The FTSE 100 index was closing at 5,662 -0.07, the German DAX was closing at 6,565 +0.13% and the France CAC was closing at 3,179 -0.03%. Asian Markets Asian Markets were trading with a positive sentiment earlier today as investors wait for The Fed's Chairman report to the U.S Congress.Earlier Today, The SSE Composite Index In China was trading around 2,159 +0.55% while the Hang Seng Index in Hong Kong was trading around 19,455 +1.75%, and the Nikkei 225 Index in Japan was trading around 8,776 +0.61%. Commodities & Foreign Exchange The U.S Dollar Index is lower, currently traded around 82.98 on a higher Euro. Crude NYMEX is up by 0.10%, currently traded around $90.62. Gold prices are up by 0.19%, the precious metal is currently traded around $1,594, Spot Silver is currently traded around $27.49. As always, we wish you a successful trading week - and look forward to serving all your trading needs. Sincerely, binary options,binary options broker,binary options trading Quote Link to comment Share on other sites More sharing options...
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