Dow Jones Industrial Average is preparing for a rapid rally, but is afraid of collapse

Dow Jones Industrial Average gives new hope bulls

In brief: Dow Jones Industrial Average will rise over the stock trades in the U.S.. The overall level of trading will be high - analyst.

Bulls look at the Dow Jones Industrial Average with great hope. Yesterday’s steady growth of Dow Jones Industrial Average was a huge surprise to many. At the same time, the bad news from Japan may significantly increase the risks of collapse Dow index.

At the same time, U.S. Treasury Secretary Timothy Geithner noted that the patience with regard to monetary policy of China to the limit. According to U.S. lawmakers, undervalued yuan subsidizes Chinese exports and makes the position of U.S. companies less competitive. The variant of anti-dumping penalties and countervailing duties on Chinese goods. According to Geithner, China’s failure to re-evaluate its currency hampers global economic reform. In addition, India said that foreign exchange reserves during the past week amounted to 271.093 billion USD, the previous value of 271.970 billion USD. At the moment of time Dow Jones is 10,141.47 points.

Igor Tringlers
2010-06-11 14:05, Economics.

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