New record of markets European hits stable, but Gold Peak (AFP)

London (AFP) - the main stock of Europe and the euro said Monday, as traders followed the news on a possible rescue EU and the IMF for the Portugal, but refuge or hit another record pinnacle.

Index FTSE 100 in London acquired 0.06% to 6,059.35 points in trade in the morning, DAX 30 Frankfurt tempered 0.63% to 7,171.37 points and the Paris CAC 40 slid 0.66% to 4,035.03. Lisbon was 0.19 per cent to 7,928.13.

Currency single European relaxed to $1.4457, after hitting the highest level since January on hopes of interest rate of the euro zone Friday more hiking.

However, interpreter star gold marked another historic high point $ 1,478.18 per ounce in London, powered by concerns in course on the weakness of the dollar, low US interest rates, the rise in global inflation - and the debt crisis of the Portugal.

The European Commission, European Central Bank and the IMF experts will travel to Lisbon this week for talks on a rescue plan of 80 billion euros for the Portugal, a spokesman for the commission, said Sunday.

"After long waiting, the package of the Portugal is now defined to be implemented rapidly," said Citigroup analyst Giada Giani.

"We expect that the measures will be similar to measures proposed earlier by the outgoing Portuguese Government".

The mission will lay the foundations of political level talks between the so-called "troika" and the political parties in the next week, spokesman Cezary Lewanowicz Portugal told AFP Sunday.

The experts will meet Tuesday with the Portuguese Ministry of Finance officials to discuss "technical details" of the plan, 115 billion, said Lewanowicz.

The Union European and offered IMF save the Portugal of a crisis of debt Friday but warned that Lisbon would back to implement reductions in public expenditure, tax increases and large-scale privatizations.

The Portugal is the third country of the eurozone after the Greece and the Ireland to request an international bailout, triggering speculation that Spain - the fourth largest economy of the 17 countries that use the euro - could also request assistance.

Back in London, at the same time, investors digested a key on the battered banking sector report.

British banks need to supervise their operations from retail banking to investment activities, the independent Commission on banks said an interim report which aims to prevent more redemptions of State.

CVI, launched last year after the global financial crisis, has also proposed raising capital ratios and recommended that them rescued the Lloyds Banking Group State should sell most active to stimulate competition.

"Overall, the interim report is positive for banks, with an important achievement of the potential costs to the economy of radical reforms," said broker Killik & Co in a note.

However, the review expected did not ask for banks to be destroyed completely, opting instead for the so-called "ring-fencing" which would not loss of investment banking to threaten the security of retail operations.

"Rumours of a recommendation to break up the largest banks of Great Britain did not materialize,", said analyst Alistair Cotton CurrenciesDirect.

Dealers foreign currency market, the dollar won a lightweight hand after Washington has avoided closure of Government by agreeing to cut approximately 38.5 billion dollars in spending from the Federal Government, said.

The news was "positive for the dollar," said Yuichiro Harada, senior vice president of Mizuho Corporate Bank Forex division.

But dealers warned that momentum would fade, with the focus now on the consumption data index prices of the market in the United States due Friday and speeches by officials of the Federal Reserve for clues on the course of monetary policy.

A dramatic 11 hours agreement, significantly reducing expenses avoided a judgment to end U.S., putting Government to a line of acrimonious budget between President Barack Obama and newly empowered Republican enemies.

The leaders of the party captured the agreement, including additional spending cuts $ 38.5 billion, after intensive negotiations, barely an hour before that the Federal Government actually failed money at midnight Friday.

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