Financial Markets Today - By Winoptions.com - April 30, 2012
It is our pleasure to present you with Winoptions.com daily analysis and a list of important evennts in the week to come.
U.S Markets were closed Higher on Friday, despite the disappointing macro data released on Friday.
The first growth estimate of the U.S. economy (GDP expansion pace), indicates that the economy grew at an annual rate of 2.2% in the first quarter of 2012 - less than expected.
Some positive data was obtained from the GDP growth estimate, a 2.9% growth was measured in the private consumption - the fastest growth since the fourth quarter of 2010.
Dow Jones index futures point to a slightly Higher opening.
On Friday , The Dow Jones index was closing at 13,228 +0.18%, the S&P 500 index was closing at 1,403 +0.24% and the NASDAQ index was closing at 3,069 +0.61%.
European Markets were closed higher on Friday.
Spain's unemployment figures have reached a new record of 24.4%.
Standard & Poor's credit rating agency have lowered Spainís rating from an A rating to a BBB+ rating with a negative outlook.
On Friday, The FTSE 100 index was closing at 5,777 +0.49%, the German DAX was closing at 6,801 +0.91% and the France CAC was closing at 3,266 +1.14%.
Asian Markets were traded with a positive sentiment Earlier today.
Both the Japanese and Chinese stock exchanges remained closed Today, due to a holiday vacation.
Earlier today, The SSE Composite Index In China is traded at 2,396 -0.35% while the Hang Seng Index in Hong Kong is traded at 20,974 +1.12%, and the Nikkei 225 Index in Japan is traded at 9,520 -0.43%. Commodities & Foreign Exchange
The U.S Dollar Index is Lower, Currently traded around 78.71 on a Higher Euro.
Crude NYMEX went down by 0.11% , currently traded around $104.80.
Gold prices went up by 0.02% , the precious metal is currently traded around $1,665, Spot Silver is currently traded around $31.33.As always, we wish you a successful trading week - and look forward to serving all your trading needs.
Your team at Winoptions.com