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20 Jun 2013

European equities plunge Thursday

FXstreet.com (New York) - The European stock experienced heavy losses Thursday, as global indices followed the US markets down yesterday.

Beginning with commodities, the prices of gold and silver are trading at session lows, trading more specifically at USD $1299.56 and $20.01 per oz. respectively. In addition, the price of crude is operating at USD $96.14/bbl Thursday.

Equities in fierce pullback

Moving to indices and composites, the EURO STOXX 50 fell -2.50% as it settles in region of 2616.92, down -67.26 points in these moments. In addition, the FTSE 100 moved lower Thursday, operating at 6204.21 descending -144.21 points or -2.27% at the time of writing. Finally, the DAX has weakened recently as well, trading in the zone of 7998.93 presently -2.42% after a movement of -198.15 points.

Jun 20, 2013

Flash: QE Exit, The Bottom Line - Nomura

Nomura economists have reflected on last night upbeat FOMC economic projections and the Policy Statement given by Fed Chairman Ben Bernanke.

USD/JPY failing and turns south

USD/JPY had remained well bid in the opening of the European session but has since shed some 60 pips to the downside.