London (Reuters)-global stock markets, the euro tick higher rebound from the early on Monday, 10 year lows against the yen, the speculation, the European central bank may cut rates to help the economy to the eurozone debt crisis resistance of attention.
The German government bonds fell roughly safety, seek flow decrease. But, the concerns of the global economic slowdown doesn't disappear, gold and rode and its 2008 financial crisis, the biggest one-day fall since copper pain.
The European central bank's board member val DE NuoWoTeNi was quoted as saying, should not rule out the possibility of a rate cut. The German IFO economists krauss Abberger also said he expected the European central bank cut interest rates to 1%, although it of the time is not yet clear.
However, it is from some of the European central bank is really will cut interest rates. Another European central bank council members eve MEL was said, cut next month with the rate of speculation is "wild".
However, loose speculation dismissed the latest on how to effectively Europe, from any steps to stop the Greek default consequences, including search for ways to enhance its existing 44 billion euros of the rescue fund investor's attention.
RIA capital market strategy Stamenkovic, "Nick said," we have seen little hope in risk markets, the eu authorities finally began to put in place of thing, solve the installation in the euro land financing problems.
"The bund market may be just a little cautious attitude, but until we see from the European authorities announced further, to solve these problems, we didn't see, stock market many faults, basic emotional still optimistic."
MSCI world stock index erase stood up to the day of 0.3% declines have touch, Friday, July 2010, the lowest level since. The index was down more than 23% in May, in three years, is also high January dropped 17%.
European stocks reverse losses rose 2.7%. The stock is down 0.8%, after the ark set since 2009, their most weak earlier.
U.S. stock index futures rose 1.4% or so, point to more established the Wall Street and opening up.
Us crude oil rose 0.6% respectively $80.31 a barrel.
Gold is its biggest three days of loss in 28 years of nearly 10%, with copper prices fell as much as 6.1% to $6914 per ton, its decline since October 2008.
The potential impact of Greek default expressed concern, especially for the banking industry, and has set up a file to the slowdown in the us economy crackdown on the concerns of the global stock markets, stir up seeking safety ratings of the highest government bonds become the flow.
Profound differences still more than the European central bank should be submitted if the enormous resources to support the European Banks, and help troubled the eurozone member countries.
The bund futures prices fell 57 ticks on the day.
The dollar has fallen 0.1%.
The euro 101.90 yen low, and hit a record $1.3361 8 months, before the fixed loss.
The IFO index in a less than the expected decline down, measure the morale of the German companies, but also help a little bit of emotions.
"(in a modest decline) IFO index should be damp down at present a temporary economic worries about a recession, but at the same time, Germany's decision makers sent a clear warning, steady growth should not be taken for granted. The possible a package of incentives in the discussion, a two months of recovery, kasten Brzeski, the Dutch international group (ING) economists said."
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