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Friday, 24 May 23:35 (GMT -05:00)


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Stock and commodities markets

Mario Monti Disappoints European Stock Markets


 

European stock indexes are bearish today. The decline is caused by the statement made by Mario Monti, Prime Minister of Italy. He says that there is no unity between European leaders, which threatens the eurozone integrity.

 

 

 

 
Tomorrow, Germany and Italy are to publish their manufacturing production reports. They are expected to show poor manufacturing performance. If this is the case, the reports will most likely bring the European stock market further down.
 
Stoxx Europe 600 dropped 0,3% down. Dow Jones Euro Stoxx lost 0,29% of its value, thus going down to 2365,72 points, FTSE 100 (UK) declined by 0,27% thus reaching 5771,70 points. CAC 40 (France) went 0,44% down to 3359,19 points. DAX (Germany) managed to gain 0,05%, reaching 6868,82 points.
 
According to Masterforex-V Academy, the British stock index is in the process of finishing a 5-wave pattern. The pattern may well see its wave level increasing in the short run. Elongation is no exception as well. Everything will depend on the essence of the correction after wave [v] is completed.

 

 

FTSE100

 

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Japanese Stock Market Goes Red Amid Stronger Yen

 

 

The current strengthening of the Japanese Yen seems to be the major reason for today’s decline seen in the Japanese stock market. This is the biggest daily decline in 2 years.
 
Publication date: 23 May 06:18 AM

Gazprom Sees Income Decline. Possible Threats For Russia?

 

Negative forecasts for Gazprom’s future have become a routine for analysts and strategists from around the world, including Russia, China, Great Britain and the USA. While some of them can be treated as a means of info wars, most doomsday predictions are so old that they shouldn’t be considered seriously by market participants.
 
Still, there are some objective negative tendencies and factors. In particular, Gazprom has recently seen an income decline. What are the reasons behind it and what are the threats to the Russian energy-dependent economy?
 
Publication date: 22 May 08:06 AM

European Stock Indices Go Red

 

 

European stock indices are trading in the red zone in advance of the forthcoming EU summit and US economic reports. European leaders are planning to discuss the ways and means to fight tax laundering.
 
Publication date: 22 May 07:24 AM

Apple Is Planning To Patent Social Camera Flash

 

 

A couple of days ago Apple, the famous tech giant, applied for another patient. This time the tech corporation is planning to patient the so-called “social camera flash”.
 
Publication date: 21 May 03:19 PM

US Stock Indices Show Weak and Multidirectional Dynamics

US stock indices are trading without any major moves as they cannot find common dynamics. Yesterday, Standard & Poor's 500 dropped down to the local low, which can affect other stock indices. However, most indices are currently trading in the green zone.

 

 
Publication date: 21 May 03:04 PM

Asian-Pacific Indices Go Red

 

 

Asian-Pacific stock indices closed today’s Asian trading session in the red zone. Yesterday, indices reached their 5-year highs. Therefore, today’s retracement looks neutral.
 
Publication date: 21 May 09:01 AM

European Stock Indices Go Red On Poor Reports

European stock indices are trading in the red zone today amid weak quarterly reports published by several European companies.
 
Publication date: 21 May 07:57 AM

Brent Comes Close To $105/b.

 

On Monday, Brent oil was trading around $105/b, taking into account positive economic stats and stock market growth along with moderate forecasts for oil demand and stocks.
 
Publication date: 20 May 05:54 PM

Investors Should Get Ready For Further Monetary Stimuli

 

 

Lower inflation in the UK amid brighter prospects of the British economy may well give the Bank of England a few extra weapons in its arsenal of economic stimuli. This is what Martin Weale, an MPC member, thinks on the issue.
 
Publication date: 20 May 05:22 PM

European Stock Indices Break Records

European stock indices have started this trading week positively and are currently trading in the green zone. Some indices keep making new 5-year highs.

 

 
Publication date: 20 May 08:55 AM