Forex Broker—- Due to recurring fears against European sovereignty debt crisis, Euro-American Stocks fell on Thursday. Till 22:37 last night, the Dow Jones Index fell 60.62 points to 10237.82 provisional points.
US durable goods orders in May released last night (June 24th) reduced by 1.1%, weaker than April’s increase of 3.0%, but stronger the anticipated reduce of 1.4%. The beginning of the week of June 19th saw 457 thousand claiming for unemployment compensation, less than 476 thousand in the previous week, and better than the expected 463 thousand. In the week up till June 12th, 4.548 million people continued claiming for unemployment compensation, less than the 4.593 million of the previous week, and better than the expected 4.55 million. Although recent US economic indicators are not satisfying, statistics released last night are not bad. It is fears against European debt crisis that suppress the stock index in forex market.
Greek governmental bonds CDS rose 38 basis points to the new historical high of 970 basis points, which brought worries to the forex market. In addition, Greece’s 10-year governmental bonds also fell, yielding rate hit the high since May 10th. Spain was still in good situation, with a relatively stable trend.—-Forex Broker: Ikonfx
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By Amanda.
