US Federal Reserve if necessary is prepared to take
further steps to strengthen the economy. Bernanke’s speech gave commodity and
precious metals prices a strong lift. US equity markets rose, MSCI is up in spite of
Chinese manufacturing low level. Gold jumped USD 40 an ounce , silver also
rose 3 % , oil prices are strong. Soft commodities continue to
raise. EURO/USD is trading at the highest levels seen in weeks. Japanese
yen is strengthened since last week. This week markets are going to be
concentrated on the ECB meeting.
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