The euro has fallen 4.3 percent against the dollar since February 1. dollar on concerns that the euro zone crisis will resurface. Spooner added that people were shorting the euro versus the U.S. He also saw increased appetite for both gold and silver, which he said was due both to relief over the Fed's continuation of easing and as a safe haven move. ![]() ( Read More: Just Like That, Safe Havens Are Back in Favor) Spooner said investors have been buying CFDs shorting major indices, such as the S&P 500, the German DAX and the Hang Seng, in a bid to protect themselves against further falls. The CFDs (contracts for difference) are trading instruments which allow investors to go long or short on a variety of asset classes. Italian Folk Tales Italo Calvino 1956 1.2 2. "Over the past week we have seen increased demand for short-selling on risk-on products, such as CFDs over major indices, precious metals, and for shorting the euro," he said. 1 SOME OF THE BEST ITALIAN NOVELS YOU CAN GET ON AMAZON 1.1 1. ( Read More: Fed's Bernanke Stays the Course) Senate on Tuesday, reiterating his commitment to easing. But Chairman Ben Bernanke has since quelled those fears in a speech to the U.S. Federal Reserve's January meeting hinted quantitative easing (QE) could be coming to an end. Ric Spooner, chief market analyst at Australian stockbroker CMC Markets, has seen increased demand for a range of "uncorrelated" assets since risk sentiment began to turn last week after the minutes of U.S. We've seen inventories here (U.S.) come down in recent weeks and as we've had a cold snap demand for power generation is up," he said. "This almost makes me want to go into something uncorrelated like natural gas. "This will specifically affect industrial commodities, such as copper, oil and base metals and you will see a rally in precious metals at the same time," he said. This development knocked global markets off their 2013 rally, with both the S&P 500 and the Nikkei falling about 2 percent on news of the Italian stalemate earlier in the week.Įssaye added that as the euro zone crisis accelerates again some commodities will weaken significantly. Italian elections left no party in the majority, raising fears Italy's much needed economic reforms will flounder. ( Watch More: Trading US Natural Gas in 2013) ![]() There is money to be made there, specifically in the tanker stocks and the gathering and processing stocks," he said. Get on iWriter if you want to enslave yourself to capricious, low-paying know-it-alls and sweat over a rating system that distorts the reflection of your quality as a writer. "There are bullish tendencies in natural gas as it is uncorrelated to all the madness occurring in Europe and across the globe. commodities trading firm Kinsale Trading, for example, is looking at stocks exposed to the natural gas market, because he sees no correlation between natural gas and global risk sentiment. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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