Economy - has hit the market in Israel tension - Fashion - Style - Trendy

Tuesday, June 1, 2010

Economy - has hit the market in Israel tension

In global markets, the collapse of the coalition government in Japan and Europe to Spain, despite increasing worries about the U.S. and the UK due to national holidays looking calm prevails. With the tensions inside Israel, in ISE 1.5 percent exceeding the loss, while living, the dollar / TL level is 1:57.


Ratings'in international credit rating agency Fitch on Friday to lower the credit rating of Spain and Japan, despite the dissolution of the coalition government because the U.S. and UK markets closed for national holidays around the globe was revealed today, looking calm.



Inside the movement in the market, between Israel and Palestine to help Turkey to intervene and sent the ship became more rigid due to be tension. Despite the calm weather in the overseas market, the Istanbul Stock Exchange (ISE) 1.5 per cent exceeding 54 thousand 536 level and closed with losses.



U.S. $ / £ 1:57 's while on the euro / £ 1.93 The' e rose.



NOT pessimistic analysts

Analysts of tension between Israel and Turkey could have a negative impact on the domestic market but will not make major changes in views towards Turkey said.



Paris-based Crédit Agricole Cheuvreux analyst Simon Quijano-Evans on the progress evaluations that information note, the "local media events in an intensive way the Turkey-Israel relations damage for the news and the markets opening negatively affected ... [of development] in the domestic market perception negatively affects open, but we Our view of Turkey's place is not something that changes significantly, "said



UniCredit emerging markets analyst Ferrazzi Matteo the hurriyet.com.tr 'eat in a statement, Turkey's regional power and that relations with Israel is important, he said, and the domestic market this geopolitical tensions against the very sensitive, he said.



Matteo, "Europe's stock markets or horizontal plus watch, while the Turkish stock market is 2 percent depreciated offers. Lira also weakened. Market crash will not but at least a few days of this event, the negative effects will feel."



ASIA AND EUROPE HORIZONTAL

On the other hand, a Fitch credit rating of Spain FMF Ratings'in AA + 'or by downloading a step to lower the euro area despite increasing concerns about the economy, the Asian stock markets today, watching the horizontal.



Left-leaning Social Democratic Party of Japan, the government decided to withdraw from the parliamentary elections two months before the coalition's strength has weakened. With this news in the country despite the stock market declined in the industrial production data later in the month of April from 1.3 percent the previous month, compared to 'luxury increase, the losses were to be undone.



Adversely affected by these developments, but Japanese yen and the euro against the dollar has lost value. Today, the U.S. and UK stock markets closed for National Day of Remembrance.



1.2260 on Friday with news of Spain up to the euro / dollar parity in this morning's partial recovery process as having 1:23 's is traded on.



Slightly over U.S. $ 74 oil, gold in 1214 dollars is.

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