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Asia refocuses on China Fri May 25 09:17:12 CEST 2012

Market Brief

G10 Advancers and Decliners vs USD
 
NZD 0.15
SEK 0.14
DKK 0.12
EUR 0.1
CHF 0.04
GBP -0.05
NOK -0.06
CAD -0.06
JPY -0.08
AUD -0.09
Global Indexes Current Level % Change
 
Nikkei 225 Index 8580.39 0.2
Nikkei 225 Index 18624.27 -0.22
Shanghai Index 2336.59 -0.61
FTSE futures 5350.05 1.59
DAX futures 6315.89 0.48
SMI Futures 5852.44 0.59
DJIA futures 12529.75 0.27
Global Indexes Current Level % Change
 
Gold 1555.58 -0.24
Silver 28.12 -0.65
VIX 21.54 -3.54
Crude wti 90.63 -0.03
USD Index 82.33 -0.02

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EURCHF Move Provides Temporary Excitement 25/5/2012

Risk appetite has recovery marginally in the Asian session as the lack of Europe-negative headlines allowed risk seekers to pick up bargains. Oil went bid in the European session as WTI traded swiftly to $91.31. EURCHF jumped suddenly over 60 pips during the European session to 1.2076, blowing through its 100-day moving average before consolidating around the 50-day MA at 1.2025. In Europe, yesterdays round of economic data did nothing to inject confidence that growth could help ease the current crisis. Read more
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