Thursday, December 30, 2010

Yellow Gold oil commodities adjourned to gain new high-mania.

Buzz <P> rising tide of commodity markets. .</ P> <P> because investors expect the U.S. financial system and the European Central Bank will launch a new round of "blood" action, coupled with prospects for European debt crisis is still unknown, continues to heat up hot commodities, gold, silver, copper and .oil and other commodities Diego high, and promote Hong Kong stocks and shares resources stocks on Tuesday A broad based. .Analysts believe that commodities remain in short-term upside momentum, but the outlook depends on the development of Europe and the U.S. debt crisis, the trend, if the dollar rally, commodities upside may be limited. .</ P> <P> the past few days, U.S. and European authorities to rescue again the attitude was softening. .In last week's meeting on interest rates, the European Central Bank announced that it would present the long-term liquidity tender unconventional measures to be extended to the end of the first quarter of next year. .European Central Bank President Jean-Claude Trichet said the ECB is still in stock plans, which allow members of the central bank to purchase government bonds through the secondary market. .Market participants also noted that the European Central Bank in recent days has increased the national debt in the secondary market acquisition, which requires the European Central Bank with the IMF efforts to increase the appeal bond coincides with the acquisition. .</ P> <P> in the U.S., Federal Reserve Chairman Ben Bernanke last week said that the 600 billion U.S. dollars to complete the existing secondary quantitative measures, "of course, likely to continue to expand the national debt acquisition." .</ P> <P> United States and Europe and other major economies continue to implement ultra-loose monetary policy, financial system will bring more liquidity. .In addition, the United States, "three quantitative easing" tendency, but also let the dollar fell in recent days, these have provided the impetus for higher commodity prices. .Tuesday's trading, the dollar index was down 0.4%. .</ P> <P> the U.S. market starting from Monday until Tuesday, the European trading session, warming up hot commodity. .International Spot gold was once the European session on Tuesday, rose 1%, approaching $ 1,430, again a record high refresh; Copper & rose more than 2% intraday on Tuesday and broke through $ 9,000, Takami $ 9,044, a record high; silver futures Tuesday .broke through 30 dollars, a record high of 30 years, New York, copper was up 1% to $ 30.46; the international impact of high oil prices continuously, 7 electronic trading, crude oil futures rose 1.1% in New York, stand on the 90 dollars in one fell swoop, the highest .touched $ 90.36, a 26-month high. .</ P> <P> hot commodity markets has also led to the stock market. .Overnight in the European market, energy stocks significantly outperformed the broader market, rose 3.4% British Petroleum, Total also rose more than 1%. .Tuesday's Asia-Pacific market, resource stocks also performed eye-catching. .MSCI Asia Pacific Index's top ten in the industry index, resource and energy stocks led the way. .Stocks, resource giant BHP Billiton rose 1.2%, Rio Tinto rose 1.6%. .Hong Kong stocks listed PetroChina rose 1.8%. .The strong performance of resource stocks, driving Hong Kong stocks, and both A shares closed up 7. .Gold, oil and copper leading the broader market. .</ P> <P> for commodity market performance, analysts say, much will depend on the development of Europe and the debt situation of the U.S. dollar. .If the EU continues to deteriorate and the dollar debt higher, may be restricted to a certain extent, commodity gains. .</ P>.

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