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Scotland's no makes the pound jump

The unionists' victory in the Scottish independence referendum further reassured markets in Asia as well.

Scotland's no makes the pound jump

The good economic news in America (decrease in new unemployment benefits) pushed Wall Street to new records (for both the Dow Jones and the S&P500), and overnight the rejection of the Scottish independence referendum further reassured the markets .

The pound rose, even if it remains close to the lowest levels of the year, and the yen continued its triumphal march (from the point of view of Japanese producers) towards depreciation, quoted at 109,2 against the dollar. That was enough to lift the Nikkei by 1,7% and the MSCI Asia Pacific regional index, despite the loss of weight in Japanese capitalization (due to the weakness of the yen), is up 0,4%. The euro stood up to the dollar, and reached 1,292, while gold, which yesterday collapsed to 1216 $/ounce, reached 1226. WTI crude oil was 93,0 $/b and Brent 97,6: the differential fell to within 5 points. Stock futures on Wall Street and even more on London were positive.

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