Barclays PLC (LON: BARC) is the banking sector leader in the UK stock market trading. Barclays (LON: BARC) shares came close to 313.50 points, gaining +3.95 (1.28%).
BNP Paribas and Westpac preference for yen. Given that the upward movement of the euro / yen is likely to be limited, as well as to reduce the risks in the pair dollar / yen, currency analyst at BNP Paribas believes that the risks for the euro / yen, more intensified. Break below 111.80 support level indicates a further reduction in the mark of 110.00.
Nikkei 225 and Topix raise anti-record today. Trading on the Tokyo Stock Exchange started with a lower basic prices. Fifteen minutes after the start of operations index Nikkei, reflecting the average price of shares of 225 leading Japanese companies, has lost almost 147 points (1.5 percent) and fell to mark 9.261 points.
Dollar exchange rate continues to fall, as the euro is rising steadily today. As noted by dealers, in the case of the closing weeks of the euro / dollar above 1.2490 today, to the credit of couples can be asked to enter another positive week, completion of which is above the 55-day moving average at 1.2550 would be evidence of the establishment of a bullish trend.
Dollar is not so stable, as it was the day before. Standard Chartered Plc has lowered the forecast on the U.S. dollar relative to the yen and Swiss franc, as the reason for designating the decline in yield bonds. Currency exchange rates are not stable today. According to the expectations of the bank, the dollar / yen at 3 quarter to an average of 93.5. The previous forecast implied rate at 98 yen per dollar. The new forecast for the dollar / franc mean value of 1.19 instead of 1.25 in the previous forecast.
According to currency analysts said BNP Paribas, the euro / yen is unlikely to be able to continue its recovery from the 8-year low 107.30, which established the couple on Tuesday, amid disappointing June PMI data in China.
Dow Jones Industrial came to the monthly minimum. So, today the euro-dollar fell to 1.2176. From yesterday’s maximum euro-dollar has fallen by 220 points. Deutsch DAX index shows a decline of 2.22%. Futures on the Dow Jones Industrial Average shows the decline of 239.20 Points or -2.36%. Dow Jones Industrial stood at around 9,899.32 points. A yield of 10-year U.S. Treasuries struck a note of 3% and dropped to a new year at least, the current value of 2.95% (this means that the bonds of our past issues rose in price, and bond new issues of the U.S. Treasury will be able to deploy at a lower coupon rate).
Stock market today is stable enough today. The Dow Jones Industrial Average goes from the red zone, in which the index spent the first 10 minutes of trading on the U.S. stock market today. Dow Jones Industrial is 10,155.37 points today after rising 0.11% for the first two hours of trading. It should be recalled that the data on U.S. GDP released Friday were worse than forecast. The news had a negative impact on the dollar, and he fell against major currencies.
Oil prices remain at the mercy of the bears. The level of support from the bulls is negligible. Prices for oil futures Middle East Crude Oil for Tokiyskoy Commodity Exchange (TOCOM) today dropped almost 1%. As a result of trades on June 23 TOCOM official price of the most active futures transaction (November) amounted to 44.270 (-0.410) thousand yen per kl (about 77.88 dollars per barrel.).
The Japanese company Sumitomo Metal Mining decided to October 1, 2010 to provide a plant zinc oxide Shisaka a separate unit. This was stated by the representatives of the holding. It is assumed that through this venture will allow a more flexible and meets the demand policy.