Financial Markets Today - By Winoptions - Fri, July 27, 2012

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It is our pleasure to present you with daily analysis and a list of important events in the week to come.


U.S. Markets
U.S Markets were closed with higher yesterday inspired by an the ECB announcement . Dow Jones index futures points toward a higher opening. Yesterday, The Dow Jones index was closing at 12,887 +1.67%, the S&P 500 index was closing at 1,360 +1.65% and the NASDAQ index was closing at 2,893 +1.37%.



European Markets
European Markets were closed substantially higher yesterday. President of the European Central Bank (ECB), Mario drag, said yesterday that the central bank will do everything in its powers to protect the euro. "As part of our mandate, the ECB is ready to do whatever it takes to keep the euro intact. And believe me, it will be enough" Yesterday, The FTSE 100 index was closing at 5,573 +1.36% , the German DAX was closing at 6,582 +2.75% and the France CAC was closing at 3,207 +4.07%.

Asian Markets
Asian Markets were trading with a positive sentiment earlier today inspired by Mario Draghi announcement that the ECB is 'Ready to Do Whatever It Takes'. Samsung of South Korea announced yesterday that it sold 50.5 million smart phones in the second quarter, nearly double than Apple which has sold 26 million smart phones in the same quarter. Earlier today, The SSE Composite Index In China was closing at 2,124 -0.07% while the Hang Seng Index in Hong Kong was closing at 19,254 +1.92%, and the Nikkei 225 Index in Japan was closing at 8,525 +0.98%.

Commodities & Foreign Exchange
The U.S Dollar Index is lower, currently traded around 82.79 on a higher Euro. Crude NYMEX is up by 0.10%, currently traded around $91.16. Gold prices are up by 0.03%, the precious metal is currently traded around $1,615, Spot Silver is currently traded around $27.59.

As always, we wish you a successful trading week - and look forward to serving all your trading needs.
Sincerely,

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