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European markets surge Wednesday

FXstreet.com (Barcelona) - European stock indices rose strongly Wednesday, notching solid gains across the board despite rumblings of a mounting ratings action facing Slovenia, and perhaps even worse – talks of a bailout. Beginning with the indices and composites, the EURO STOXX 50 grew +1.10% as it settles in region of 2623.74, up +29.61 points in these moments. In addition, the FTSE 100 index is trading in positive territory, operating at 6348.79, advancing +30.88 points or +0.56% at the time of writing. Finally, the DAX broke slightly higher, oscillating in the zone of 7704.34, after a movement of +56.27 points and up +0.87%.

In terms of commodities, the price of gold and silver is trading at USD $1580.90 and $27.75 per oz. respectively. In addition, the price of crude is negotiating a price of USD $94.07/bbl.

Forex: EUR/USD rejected from 1.3120

The single currency is trading back around the key mark at 1.3100 on Wednesday, after comments by Luxemburg PM, J.C.Juncker, saying that the euro area would remain stuck into recession...
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