#Commodities
and Forex fundamental analysis/ MBCFX : 29 05 2012
· Euro Declines as European Fears Grow
· The Swiss franc advanced today after Weber’s Comments and pared yesterday’s losses against the USD
·
U.S. stock futures were
higher on Tuesday, following a long holiday weekend as signs of further easing
by the Chinese government boosted investor confidence.
· UK Retail sales increased significantly in May and sentiment regarding the business situation for the next quarter has improved
· Crude oil up 1% on China stimulus hopes and Middle East turmoil
- Gold futures trade near 1-week high as markets focus on Spain’s s deteriorating financial situation.
