Tuesday, August 19, 2014

Opening markets: Investors optimistic with the situation … – Saturday Magazine

Opening markets: Investors optimistic with the situation … – Saturday Magazine

In Asian markets confidence is back after Wall Street had closed yesterday at its highest level since late July. The MSCI Asia Pacific Index gained 0.6% after 2.7% valued last week, the highest rise in four months. This was due to relieve the tension in various parts of the globe, as in Gaza, Iraq and Ukraine and disclosure of increased confidence in the construction sector in the United States to the highest level since January.

Any Japanese Topix index austrialiano as the S & P / ASX 200 rose 0.7% each. But the South Korean Kospi gained 0.9%.

“The improvements in the situation in Eastern Europe and increased business confidence building in the United States are improving optimism,” said Matthew Sherwood analyst at Perpetual Ltd., quoted by Bloomberg.

In the oil markets, the futures price of West Texas Intermediate, the reference to the United States, is rising 0.6% in New York for $ 96.96, valuing the second in three days.

[read more]

In Europe the future of Brent for October, reference to Europe is rising 0.3% to $ 101.94. Brent oil fell yesterday to its lowest level in almost 14 months after the Kurdish and Iraqi retain control of Iraq’s largest dam, thus locking the advance of Islamic militants in the north forces.

The dollar is dropping by 0.1% with the single currency trading at 1.3355 euros, a close of $ 1.333 reached this month value, the lowest figure in the last nine months.

LikeTweet

No comments:

Post a Comment