12/08/2014
The euro fell influenced by the possibility of facilitating the "ECB" monetary policy
Geopolitical risks cast a shadow on global markets
Political risk relating to the Russian crisis and the situation in the Middle East, especially in Iraq and Libya overshadowed world markets saw mixed performance during yesterday's trading. And the price of oil on the New York Mercantile Exchange rose slightly yesterday, with investors watching the situation in different countries pose risks of geopolitical global energy market including Iraq and Libya, where the price of a barrel of light sweet crude rose ' light sweet crude ', in September when the opening 20 cents on the New York Mercantile Exchange to $ 97.85. According to Reuters ' has left John kildav from gain capital investment company to market operators ' watched throughout the weekend various hotspots in the world but relatively calm prevailed with the decline of the organization ' Islamic State ' to the peshmerga in Iraq or the absence of Russian intervention in Ukraine '.
Crude oil prices rose slightly last week in the context of the Declaration of United States intervention in the conflict in Iraq through air strikes to ISIS organization. But the situation remains tense in the country after charging Iraqi President Fouad Massoum, Haidar Al-Abadi, the formation of a new Government. On the Ukrainian side, the Army cordon around separatist stressed strongholds Sunday in Donetsk welogansk 300,000 civilians escaped to Russia and other parts of the country. This situation presented Moscow humanitarian mission confirmed at the same time they do not want to act unilaterally. Investors are also watching the situation in Libya, where the production had returned to 400,000 barrels a day ', although the fighting between rival militias, said Matt Smith, of the company alshnaidr electric.
The euro fell against the dollar to give up the gains made Friday after the European Central Bank may ease monetary policy and fears of the impact of the Ukrainian-Russian conflict, Germany has the largest economy in the euro zone. The European single currency jumped above $ 1.34 on Friday with investors for short but prompt the ascent did not continue in the light of the fundamental factors affecting the Eurozone currency had found support apparently at 1.3350 dollars. In New York trading, the euro fell 0.2 per cent against the dollar to $ 1.3385. The European currency fell 0.1 per cent to Japanese counterpart registered 136.67 yen. The dollar index, which measures the greenback's performance against a basket of currencies-by 0.1 per cent to 81.462. The dollar rose against the Japanese currency to 102.09 yen.
The Norwegian krone has stepped up their highest in seven weeks against the euro after the Norway high consumer price inflation unexpectedly in July with investors reduced their expectations that the Central Bank lowers interest rates. Krona have increased about 1 percent against the euro after data amid high trading volumes registered 8.2835 kroner to the euro. This is the highest level of the Norwegian currency since 19 June last landed after the Norwegian Central Bank hinted of possible interest rate cuts if economic weakness. The euro fell 1.1 percent against the Norwegian currency 8.2688 KR. In the same context, the pound rose yesterday, with focused attention on the report of the Bank of England on inflation probably derives from investors new semantics to a tightening of monetary policy in Britain.
Maybe the pending report tomorrow alongside the data on employment and wages, new evidence on the central structures of the Bank of England on interest rates which had been the engine for the rise of Sterling 15 percent against the dollar in early July last year. Some analysts said that the wage data are probably more important than the inflation report. Sterling rose 0.1 per cent against the dollar to 1.6792 dollars after tumbling to its lowest level in two months against the US currency at $ 1.6767 late trading last Friday. The euro fell 0.3 per cent against Sterling to 79.71 pence.
The gold reached the highest level in three weeks due to high stock prices but remained above $ 1,300 an ounce by concern over tensions in the Middle East and Ukraine. And spot gold today, 0.2 per cent to $ 1307.09 an ounce, the metal has the highest level in three weeks on Friday, when it reached $ 1322.60. American gold contracts fell about $ 3 to $ 1380.50. And the spot price of silver was 0.2 per cent registered 19.87 h dollars an ounce and Platinum fell 0.35 cent to $ 1467.3. Palladium dropped 0.23 percent to 856.25 dollars an ounce.
