Market Highlights

Economic News

• The euro zone is preparing a package of measures to resolve the debt crisis

• U.S. public opinion was strongly opposed to lifting the debt ceiling

• U.S. import prices rise 1.1% in December



Currencies

• Euro extends gains against the U.S. currency

• Sterling fallS after the rise in Britain's trade deficit to a record high


Shares

• U.S. stocks close higher with the improved sentiment on Wall Street

• European shares rise and eyes will be on auction for Portuguese Bonds
 
• Nikkei closes unchanged after the decline from its highest level in eight months



Commodities, Metals & Energy

• Oil recorded the highest closing level in 27 months jumping above $ 92 a barrel after inventory data

• Gold rises in Europe and the U.S. dollar decline

• Inflation haunts as oil, grain prices climb

 

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