Hello,
This article is uncomplete:
Gold is also in an interesting position, as the
yellow metal hovers around a sticking point (USD1650).
U.S. equities
rallied sharply with the DJIA finishing up by about +1.50% and the S&P 500
advancing by around +1.54% to close the day,
EUR/USD remained above the
significant 1.30 figure and currently trades around its 100-day SMA which is
around 1.3130.
The euro, however, was broadly unchanged overnight, but
price action was fairly choppy following the German data and the Spanish bill
auction.
but we are looking for confirmation from a break of the overnight
high around 1.0420 before a technical push towards the 1.0450 level.
Sovereign yield spreads eased after Spain had a better than expected bill
auction and ECB officials (Ordonez, Constancio) reaffirmed their confidence
in Spain.
The IMF raised its world growth projection to 3.5% in 2012 from
the prior estimate of 3.3% with the U.S. economy expected to grow at 2.1%
this year from the prior 1.8% forecast.
UST yields are higher across the
curve and 10-year yields are testing the pivotal 2.00% level, and the dollar
index is lower after being rejected from bearish channel resistance
yesterday.
XAUUSD has traded in a fairly tight range all week – except for
a slid last night to around 1634.34
Gains in the FX market were more muted
than equities, with the dollar index barley falling as investors clearly
remain wary of risk currencies.
The improved assessment helped to support
overall risk sentiment.
;
how did you cope with the report authentication?
When talking about the report , you should also try
http://sourceforge.net/projects/clockloop/
Best regards