Wall Street slumped on Draghi's comments

Note: This section contains information in English only.
Source: Marketwatch
Wall Street fell on Thursday as the ECB announced no plan of action to address Eurozone's debt crisis. The Dow Jones Industrial Index dropped 0.7 per cent, to 12,886.52; the S&P 500 Index tumbled 0.7%, to 1,366.50, and the Nasdaq Composite declined by 0.1 per cent, to 2,917.17. Meanwhile, the ECB is planning to cooperate with governments in bond-purchasing program in order to stimulate Eurozone's economy, but Germany's Bundesbank did not support the idea.
Back to articles

Actual Topics

Fri, 03 Aug 2012 07:19:00 GMT

Oil recovers before the U.S. jobs report

Oil recovered from the lowest level in almost 3 weeks before job creation report, which might show increased hiring in the US. Analysts expect employers to add 100 000 work places in July. Oil futures gained as much as 0.5%, with Brent crude for September delivery rising 0.3% or 28 cents to $106.18 per barrel. 

Fri, 03 Aug 2012 15:54:19 GMT

Oil tumbles as Draghi offers no plan

Mario Draghi disappointed markets by providing no action plan to save the Euro, what caused the depreciation of oil on Thursday. Crude oil with September contract fell by 2 per cent, to $87.12 per barrel, before it was stuck for movement in anticipation of ECB's meeting.  European leaders failed to meet expectations of markets, after pledging their commitment to protect the Eurozone.

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.