The European indices have closed down today after some of the elation over the Greek debt talks has subsided. It now appearsthe perception is that a Greek default is imminent. Traders are keeping a watchful eye on every headline coming out of Greece and the euro zone. This morning, after news of the failed negotiations broke, the EUR made a new high ($1.3063) followed by a selloff to $1.2954. The entire precious metals complex is lower today with palladium leading the way. It looks as if we are seeing a consolidation on some profit taking in across the entire group. Over all it has been a relatively slow news day and a quiet day in the markets as most investors and traders are waiting to hear the tone of the State of the Union Address tonight and the Fed press conference tomorrow. A change in the US economic outlook or any hint of further quantitative easing either in the US or abroad will be sure to create some fireworks.
| Metals | Last | %Change | Low | High |
| Au- Feb | 1667.9 | -0.61% | 1661 | 1680 |
| Pt-Apr | 1552.4 | -0.54% | 1541.1 | 1572 |
| Pd-Mar | 682.2 | -0.98% | 670.00 | 690.00 |
| Ag-Mar | 32.080 | -0.59% | 31.855 | 32.470 |
| London | AM | PM | Minor | PGMs |
| Au | 1669 | 1665.5 | Rh | 1425 |
| Pt | 1550 | 1541 | Ru | 110 |
| Pd | 679 | 676 | Ir | 1100 |
| Ag | 31.95 | DJI | 12667.08 | -41.74 |
| Currencies |
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| USD | EUR | JPY | GBP |
| USD | 0 | 1.302 | 0.012864 | 1.5602 |
| EUR | 0.7681 | 0 | 0.98798 | 1.1984 |
| JPY | 77.74 | 101.22 | 0 | 121.298 |
| GBP | 0.6409 | 0.8345 | 0.8244 | 0 |
| *THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES | | |||
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