Euro capitalisation or US dollar highlight? In the last 5 days the EUR/USD rate has dropped even 1.4 percent and now is only 1.028 – the lowest value in over more 2 years.
Political risks, slow GDP growth and rapid currents in ECB interest rate cuts are strengthening the euro.On the other side the US economy growth remains unusually high, inflation remains relatively high, and the Fed signifies a few reductions of interest rates in the months. Krent is not only euro, the pound so it also recedes 1,4 percent when aligned with the U.S.A. dollar. Although interest rate reductions now will be lower than in the euro zone , according to recent data the third quarter of BGDP has not changed, of the Bank of England is confident that the fourth quarter so there will not be growth.
South Korea’s stock market is recovering. Last year, the country share index of KOSPI fell by 10 percent . and has recorded one of the best performances among the markets of developed countries. Today the South Korea share increases by 1.8 percent,Shares in electronics and electronics equipment are leading the supply . While the political situation in the country is still not stable, the police have failed to contain ex president Yoon Suk Yeol. Supporters and defences did not allow officials into Suk Yeol ‘s house,The from the unfairly deposed politician and former Prosecutor-General will try to use every tea land to get defended and remain free. Arest order expires until January 6 day, when the most police will try to detain the former President this weekend.
Baltic action started the year on high note. The OMX Baltic Benchmark Index was up 1.5 percent tonight,
