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Stock Exchange, Shanghai goes up. The dollar advances

Yesterday's US data were positive, both for construction spending and for car sales – The PMI indices in the services sector also held up well in Japan and China.

Stock Exchange, Shanghai goes up. The dollar advances

Yet another Wall Street record – at least for the Dow Jones – comforted the Asian markets. The American economy confirms itself as the locomotive of the world, and the dollar breaks through 119 against the yen (119,3) and gains on the euro, which drops to 1,237. 

The advance of the greenback is general, especially against the Australian dollar (it has disappointed the trend of the antipoid GDP). Yesterday's US data was positive, both for construction spending and auto sales. And the PMI indices in the services sector also held up well in Japan and China.

The Nikkei sees 18 on the horizon, gaining 0,4%, after hitting a high during the session at 17881. But it is the Chinese stock exchange that records another 1,8% step forward, after exceeded 3 thousand in the intra-day (Shanghai-Shenzhen CSI 300 index).

WTI oil stands at 67.4 $/b – the feeling is that the recent fall after the decision of the Saudis not to cut production has been excessive. Gold regains 1200, but we don't know how long it will last. Dow Jones and S&P500 stock futures are stable.


Attachments: Bloomberg

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