Euro has consolidated around 1.47 mark

Written by admin on October 7th, 2009

So, the markets again, restore optimism, although the apparent reason for this was not. The Dow Jones on Tuesday rose by 1.37%, to mark 9731. The gold price has broken yesterday historical maximum, the previous was made March 17, 2008 at 1032.7 dollars per troy ounce. Current historical record so far raised at the level of 1048.43. Oil, too, feels good, the price of a barrel of mark WTI has risen to 71.34 dollars, although only two weeks before the price drop to 65.05 dollars Canadian Dollar, Australian Dollar, Russian Ruble updated highs, to the U.S. dollar. Bank of Australia lifted rates yesterday, the first among the countries with developed economies, but the strength of the Australian, of course, not that. The worst is now growing commodity currencies, and generally in favor are the currencies of countries with positive trade balance. The markets simply restore justice, currencies tend to levels at which the world economy will be more balanced. For example, Japan and the Eurozone, which as a result of the crisis had a negative trade balance, this year again have a surplus. For this reason, the Japanese yen, which rose during the crisis even stronger than the dollar, in contrast to the dollar does not fall back. A loser pound sterling continues to fall even to the dollar. Although once, at the beginning of last century, the pound instead of the dollar was the world's main currency. But from 1971 to date, sterling fell against the Swiss franc of 6.4 times. A similar fate awaits the coming decades and the dollar, which also means losing the role of the world's main currencies in the new multipolar world. However, it may well be the case with the U.S. dollar event will develop faster than the pound. But we are not talking about the fall of the dollar in times, but only a mark of 1.53 in the cycle of depreciation of the dollar to support American industry.

Yesterday, the U.S. Treasury placed the 3-year notes to $ 39 billion, and today posted a 10-year notes at 20 billion dollars Also yesterday, was announced over the first week of release cache bills. But only for a period of 16 days, and only 10 billion dollars, the auction will be held on October 8 with the date of calculation on 13 October. Overall, the Treasury must pay cache bills for 370 billion dollars (as in the next year and the figure shows the debt only by the cache of a bill), including the issuance of 30 billion dollars, repayable tomorrow. For comparison - in August, federal budget revenues amounted to 145.53 billion U.S. dollars, the cost of 256.94 billion dollars

NBU has provided recommendations to banks on debtors ban on travel abroad
Cabinet ordered MTSU and MinZhKH establish procedures to determine the cost of tickets
Forex on the European session
On Wednesday, Russia's indexes were able to update the maximum annual levels: on MICEX - 1245.73 points on the RTS - 1297.13 points
Today the volume of trading on the MICEX Stock Exchange amounted to 186.61 billion rubles
Today the growth of more than 20% was led by the construction company Sistema
Ministry of Energy: Complete recovery SSHGES scheduled for completion in December 2014
AMC warns Ukrzaliznytsya the inadmissibility of the mandatory inclusion of the cost of meals in the ticket price
Poroshenko told how much earns Stelmach

 

Leave a Comment