Wednesday 30 November 2011

Rise of markets despite the Libya and the Japan

Index Nikkei 225 Index of the Japan reference have increased more than 3pc on opening transactions, to 9,518.81 as the country that it has made progress in the stabilization of the reactor at the Fukushima Daiichi nuclear power.

The FTSE 100 index increased 1. 3pc - 71 points at 5,789.65 - despite the launch of operation dawn Odyssey against in Libya Saturday.

The day after in America, the Dow Jones Industrial Average closed 178.01 points or 1. 5pc to 12,036.53 after that traders simply geopolitical fears and instead congratulates $39bn (£ 23. 9bn) OPA of the AT & T for T-Mobile USA, which is the property of Deutsche Telekom. Success, the agreement would be the biggest deal in the world this year and plu German of a decade.

Telecoms, banks and miners led a gathering of the market in the world. The Japan markets had been closed for a holiday Monday, but the MSCI index of Asian stocks outside the Japan increased 1. 4pc in the news of successes at the Fukushima nuclear engineering.

The yen also weakened to 81.13 against the dollar following intervention by the Group of seven nations.

Calm on equity markets was not shopkeepers in petroleum reflected. Future Brent Crude rose $1.33 to $115.26 Monday with experts warning that the Allied Libya shares were likely to push prices even higher.

Francisco Blanch, head of research of the products at BofA Merrill Lynch in New York, believe that the price rally to provide as high as $ 140 per barrel on global concerns. Mr. Blanch said Bloomberg that Brent could hit this level in the three to four months. "We are going missing Libyan oil for some time", he said.

Commerzbank said: "a return at the beginning of the Libya for the world oil market is little probable, which should support prices long-term".


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