Ukrainian Globalist

Gold price set a new record against continuing fears over the economic outlook in Europe on Friday, 18 June. As a result of the regular trading session on the New York Mercantile Exchange, NYMEX, the August futures for gold delivery have risen by 0,8% to $ 1,258.30 per troy ounce.

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Dow Jones Industrial Average – nervous atmosphere in the market remains the second consecutive day. Yesterday’s loss of Dow Jones have left their mark. Tuesday, June 8, the stock market of the United States by mid-session trading in a moderate positive territory after a period of fluctuation of the “red” zone in the “green” and vice versa. Nervous atmosphere in the market remains the second consecutive day, helped by the ambiguous information background.

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Exchange rate euro goes down. According to currency analysts, Bank of America-Merrill Lynch, the European currency remains weak, as a negative for the euro will continue until the flow of news. The Bank believes that any kickbacks European currency will be minor and short-lived.

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Bank of America Merrill Lynch Global Research has lowered the forecast for Russian GDP growth this year from 7% to 5,5%, according to a review of the bank. And this was the first decrease in GDP growth forecast of Russia in 2010 among analysts optimists.

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