markets and the particular case of dow



:-)

everyone should read the following article
and the economic sentiment index
advancing to 23.4 from 22.3, representing the fifth consecutive rise.

Thus, it will be interesting to see if the aussie can hold its ground against
the dollar.
The Spanish Treasury sold a total of EUR3.18bn, which was
above the target size but yields were higher than those seen previously.

The IMF raised its world growth projection to 3.5% in 2012 from the prior
estimate of 3.3% with the U.S. economy expected to grow at 2.1% this year
from the prior 1.8% forecast.
Gold is also in an interesting position, as
the yellow metal hovers around a sticking point (USD1650).
? between around
1640.80-1658.01. If the pair breaks through the top of this trading band it
may find resistance around 1663.26-1664.04.
Gold is also in an interesting
position, as the yellow metal hovers around a sticking point (USD1650).

Equity markets in Asia are following the positive lead of US and European
stock markets on the back of a reasonably positive Spanish bill auction,
strong Eurozone data, the IMF raising its forecasts and a hawkish tone from
the Bank of Canada.
an upward revision to the IMF?s world growth
projection, mixed U.S. housing data, and a hawkish tone from the Bank of
Canada.
? between around 1640.80-1658.01. If the pair breaks through the
top of this trading band it may find resistance around 1663.26-1664.04.
an
upward revision to the IMF?s world growth projection, mixed U.S. housing
data, and a hawkish tone from the Bank of Canada.
;
I should also mention that this article may be used
The IMF released its World Economic Outlook report
which indicated that the global economy is slowly improving but warned that
dangers remain.
But the aussie managed to claw back some losses (around 5%)
and pushed through 1.0400 against the dollar.
U.S. equities rallied
sharply with the DJIA finishing up by about +1.50% and the S&P 500 advancing
by around +1.54% to close the day,
but we are looking for confirmation from
a break of the overnight high around 1.0420 before a technical push towards
the 1.0450 level.
Recently, a push above 1.0400 for AUDUSD has sent the
pair towards a major resistance line around 1.0450,
The IMF raised its
world growth projection to 3.5% in 2012 from the prior estimate of 3.3% with
the U.S. economy expected to grow at 2.1% this year from the prior 1.8%
forecast.
Sovereign yield spreads eased after Spain had a better than
expected bill auction and ECB officials (Ordonez, Constancio) reaffirmed
their confidence in Spain.
Equity markets in Asia are following the
positive lead of US and European stock markets on the back of a reasonably
positive Spanish bill auction, strong Eurozone data, the IMF raising its
forecasts and a hawkish tone from the Bank of Canada.
UST yields are higher
across the curve and 10-year yields are testing the pivotal 2.00% level, and
the dollar index is lower after being rejected from bearish channel
resistance yesterday.
The IMF released its World Economic Outlook report
which indicated that the global economy is slowly improving but warned that
dangers remain.
The euro, however, was broadly unchanged overnight, but
price action was fairly choppy following the German data and the Spanish bill
auction.
Sentiment was broadly higher and the dollar was mostly softer
after positive developments in Europe,
The euro, however, was broadly
unchanged overnight, but price action was fairly choppy following the German
data and the Spanish bill auction.
;
By the way, you can find some ideas at http://alsasimple.sourceforge.net before debating
about markets
Bye Bye
.



Relevant Pages