Contrast the performance of global stock markets yesterday with turning the attention of the global equity investors to Washington, where increasing fears of a possible fall of the American economy in a new financial crisis. The inn FTSEurofirst 300 index of leading European shares 0.1% to 1136.82 points rose Nikkei index of the shares of major Japanese companies to its highest close in 21 months since the earthquake in March 2011 with the support of the shares of exporters and banks after the yen fell to its lowest level in more than two years before dollar amid expectations that the new government is seeking to reduce the price of the Japanese currency and implementation of powerful stimulus measures.
Europe and America
Europe Shares in the financial sector, while mining stocks rose, tracking base metals prices supported by renewed optimism about the growth of the Chinese economy. And Rio Tinto climbed 0.9% me. H.. BHP Billiton 0.8%. As in other parts of Europe CAC index rose 0.1% and Germany’s Dax 0.2%, while the FTSE fell 0.1% British.
The main stock indices in the American Stock Exchange closed session Wednesday on the decline amid reports of slower shopping season during Christmas celebrations and concerns about the political deadlock in the ongoing talks to avoid austerity measures in Washington. The Dow Jones industrial average was 24.94 points, or 0.19%, to reach 13114.6 points.
The benchmark Standard & Poor’s 500 was up 6.83 points, or 0.48% to reach 1419.83 points. The index-heavy Nasdaq Composite Technology Bmekdra 22.44 points, or 0.74%, to reach 2990.16 points.
Tokyo Stock Exchange
Japanese Nikkei index closed up 0.9% to 10322.98 points, while the broader Topix index of 0.8% to 854.09 points. Japan’s Nikkei rises to highest level since the earthquake March 2011.
With the continued decline in the yen, which encouraged increased buying stocks amid expectations of breakthroughs with the receipt of cash Shinzo Abe’s new government rule. The index “TOPIX” broader, rose 11.15 points, or 1.32%, to $ 858.86.
And reassured the fall in the price of the yen traders in the stock market slide buying stocks amid expectations of breakthroughs cash.
The dollar rose to 85.87 yen on trading platform E. P. S, its highest level since September 2010.
The dollar in the latest treatment towards 85.77 yen, up 0.2% from its level at the end of the previous trading.
The euro rose to its highest level in eight months against the pound sterling with a general rise thanks to demand at the end of the month and receding fears about the debt crisis in the eurozone states parties.
The euro rose to 82.12 pence, exceeding the highest level recorded in the previous session, a 82.085 pence to reach its highest level since late April. Because of continuing concerns about the weakness of the British economy Sterling fell against the euro in recent weeks.
Gold fell in thin movement deal. The price of spot gold trading $ 2.13 to $ 1657.36 an ounce soon from its lowest level in four months hit last week, but without the highest level ever around 1920 dollars struck in September 2011.
The precious metal rose nearly 6% so far this year on his way toward recording the second year in a row of gains thanks to the very low interest rates and concerns about the financial stability of the euro area and the direction of central banks to diversify by investing in precious metals. The futures prices fell U.S. $ 2.40 went to $ 1658.30 an ounce. Gold futures rose on the Tokyo Stock Exchange for commodities (توكوم) which often affect the movements of gold in the spot market.