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Wednesday, September 15, 2010

Dow Jones crossed the milestone 10,400 points

Last week the number of unemployed people first fell sharply over the forecast. Besides, the trade deficit has narrowed significantly by the value of exports soared to its highest level in two years.

Two economic reports optimistic that the market is getting in on the number of applicants receiving unemployment benefits for the first time and trade deficits are reduced. According to U.S. Department of Labor, the number of people applying for unemployment benefits the week ending on 4 / 9 27,000 decrease, down to 451,000 people. Besides, the trade deficit in July dropped by 42.8 billion U.S. dollars, how far 47.3 billion forecast by economists and significantly reduced levels were adjusted in June is 49.8 billion
U.S. stocks closed session rally Friday in seven days with a modest increase in sales due to rising pressure on the last day. Dow Jones Industrial items added 28.23 points, corresponding to 0.3%, to 10415.24 points. Thermometer Standard & Poor's 500 0.5% turn, inspired to conquer the technical threshold of 1100 points, key points at 1104.18. Tech Nasdaq Composite Index increased 0.3%, to close at 2236.2 points.
European securities firm consolidation peak four months. Index thermometer 18 DJ Stoxx 600 area received flourishes Wednesday session in five days, recording a 1.1%, 265.09 points milestone conquered. Statistics from the bottom of the lowest level this year is set in late May, this index has recovered by 14% in value.
Blue cover on all areas of electronic tables. English and French Securities 1.2% flourishes. German DAX 30 index entries out of 0.9%. Yesterday, Bank of England (BOE) decided to keep the base rate at record low of 0.5% and historical scale acquisition program papers lost $ 200 billion liquidity Table (308 billion dollars).
Asian equities recovered after two sessions blue negative. 23 Index MSCI thermometer thriving area 0.9%, climbed 121.49 points threshold. Investors optimistic with the number of information workers are employed in Australia in August was unexpectedly higher initial and last forecasts the unemployment rate down 5.1% from 5.3% in July .
In Tokyo, the Nikkei 225 barometer re-established landmark 9000 points after recording a 0.8%, core at 9098.39 points. The Australian and Indian markets turn up 1% and 0.7%. Securities Hong Kong, Singapore and South Korea together accumulated between 0.3% to 0.4%.
Take the left direction with changes in general, the Chinese stock market fell deeply in two weeks. Stocks of financial institutions, companies under pressure metal strong sell-off. Home prices continued to rise last month that raised market speculation about the possibility the government will promote measures to prevent real estate speculation. Shanghai Composite Index fell 1.4%, at 2656.35.
On commodity markets, world oil prices to decrease the third consecutive day amid concern the supply and demand growth slowed. Synthesis Report of the U.S. energy agency (ED) showed that gas production, oil reserves of the economy the world's largest to date ending on 3 / 9 has the highest level since 1990 , corresponding to 1.14 billion barrels. On the NYMEX trading floor goods, the price of black gold-term delivery in October down 42 cents (0.6%), down 74.25 dollars a barrel.
Prices slid the most powerful in three weeks before the rising wave of profit taking. Specifically, on the Comex board electronics, metals prices delivered in December term labor dollars slope 6.6 (0.5%), to 1250.9 dollars an ounce. Thus, peak levels were established in the chain growth is 1259.3 dollars past Monday 7 / 9.
On the New York foreign exchange market, the dollar continued to decline. Rate swap between the blue and silver dollars euro is 1.2708. While, the corresponding ratio between the dollar and Japanese yen 83.87 yen.

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