Thursday, July 23, 2009

Correction in the market shares of burying the hopes of bulls

Published today, the corporate records as a whole, once again proved beneficial to investors, and UBS have drawn attention to the fact that to date the results of the reported hundreds of companies from five members of the index S & P 500, while eighty-two cases, the data were better than that analysts were expecting. Key stock indices in the present, however, show a slight decline, and it should be noted that the events of recent days suggest a weakening of bovine momentum in the markets of shares and currency strategists ANZ Bank recall that exchange rates remain very dependent on how the situation will emerge in the stock market. The bank sees the risk of shares after the recent correction of rapid growth, that will is not a positive development for the currency risk, which, however, are close to year highs. The failure to break above threatens to disappoint the bulls, and there is a danger that the major currencies turn below, following the stock market.

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