London (Reuters) - expectations of another interest of the European Central Bank rate increases in July kept the euro close to recent highs Monday and pushed euro zone Government bond prices lower.
Global stocks were lower, although Wall Street seemed set to open higher that its most recent business profits was preparing.
Although the world economy is strong enough, there are growing expectations of investors that accompany higher prices will lead to inflation and the central banks invites to tighten monetary policy soon.
Oil prices jumped Monday on hopes of a settlement in Libya, but they remain high and techniques suggest that Brent could soon be directed to $ 130 per barrel.
The ECB raised its reference rate by 25 points from base to 1.25%, the first hike since 2008 last week used a language suggest that another place in the pipeline.
Responsible for the reserve Federal American, in the meantime, have made hawkish comments more, questioning the future of his relaxation program quantitative asset-purchase.
"This week, perhaps, the focus could be on the question of whether the Federal Reserve indicates actually market if they are going out of its loose monetary policy, and if they show the hawkish signals," said NGO Yi Ling, analyst Phillip Futures to Singapore investment.
One of the results of mood was to send core euro-zone debt higher yield, Bund yields above 3.5% for the first time since August 2009.
In the eurozone debt crisis, a German magazine reported Saturday that some euro-zone finance ministers had said the ECB, they doubt that Greece will meet its budget targets and suggested restructuring of its debt.
The euro touched the highest against the yen since May 2010 of yen 123.33 trade platform EBS. Later, he gave a portion of these gains and was last down 122.52 yen.
It decreased by 0.2% to $1.4457, after having hit a maximum of 15 months of $1.4489 Friday.
SUPERIOR PRODUCTS
Markets of raw materials, Tin hit a record and lead scaling up to three years on the London Metal Exchange.
Gold jumped to a lifetime of high for a fifth session, topping $1,476 an ounce.
Global stocks measured by MSCIMIWD00000PUS > were flat, with emerging markets (.)(MSCIEF) off the coast of 0.3%.
European stocks declined by prudence built before the next series of reports of income societies. The FTSEurofirst 300 (.)(FTEU3) high index of European actions was decreased by 0.2%.
"Investors appear too complacent at this moment, before earnings season," said Frederic Buzare, global head of the management of the fairness of Dexia Asset Management. "I am cautious in the short term for stocks."
(Other reports by Saikat Chatterjee, Blaise Robinson and Anirban Nag;) (Editing by Patrick Graham)
View the original article here
This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.
没有评论:
发表评论