European markets edged higher on Tuesday

Note: This section contains information in English only.
Source: Marketwatch

European stocks jumped this Tuesday, as markets stabilized after a choppy session on the previous day, due to Spain aid request from the EU for the country's banking sector. The Stoxx Europe 600 index gained 0.3 per cent to 242.53. The Spain IBEX 35 index climbed 0.6 per cent to 6,557.40 and The French CAC 40 index rose 0.4 per cent to 3,053.59.

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Tue, 12 Jun 2012 15:16:42 GMT

The Euro gains versus the falling Yen

On Tuesday, the Euro was growing versus the Japanese Yen, but gains seemed to be capped by Spanish worries and uncertainty over Greek elections. EUR/JPY peaked at 99.79, and later consolidated at 99.40, which was a 0.23% growth since the beginning of the European afternoon trading session. The pair's support is likely to be found at 98.52, whereas resistance may be at 100.61.

Tue, 12 Jun 2012 15:05:44 GMT

Crude oil sinks on Greek elections

Oil futures edged lower during electronic training on Tuesday, due to increased concerns regarding upcoming Greek elections. Petroleum for July delivery retreated 61 cents, a 0.7 per cent decline, to $82.09 a barrel.

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