Spot prices

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Tuesday, June 19, 2012

The Greek elections are “yesterday’s news” as optimism over a pro-bailout party victory fades…

The Greek elections are “yesterday’s news” as optimism over a pro-bailout party victory fades… partly because The New Democracy Party has yet to form a coalition government and mostly because the country has a long way to go to stabilize their economy.  Spain continues to the center of attention as it was reported today that a detailed audit of the country’s banking system will be delayed. Spain has requested €100 billion to prop up its banking industry but until details of that audit are released, no one really knows how much they need. Investors are hoping that the G20 summit that kicked off in Mexico on Monday will provide some type of direction for a resolution of the Eurozone crisis but nothing has yet to materialize. The U.S. Federal Reserve meeting will conclude tomorrow with a much anticipated policy announcement. Until then, investors can chew on data out of the housing sector released earlier this morning. U.S. housing starts dropped 4.8% to 708,000 units but new permits were up 7.9% to 780,000 units. The precious metal complex is up modestly in early trading.  Have a great day!
 
Metals
Last
 %Change
 Low
 High
Au-Aug
1629.2
0.14%
1626.2
1634.3
 Pt-Jul
1486.8
0.23%
1482.5
1492.6
 Pd-Sep
634.35
0.12%
627.85
635.25
 Ag-Jul
28.715
0.21%
28.620
28.900
London
AM
PM
Minor
PGMs
Au
1628.5

 Rh
1250
Pt
1486
1486
 Ru
115
Pd
629
634
 Ir 
1100
Ag
28.81
 DJI
12791.66
49.84
Currencies




USD
EUR
JPY
GBP
USD
0
1.2647
0.012653
1.5697
EUR
0.7908
0
1.00051
1.2411
JPY
79.03
99.95
0
124.058
GBP
0.6371
0.80572
0.8061
0





Crude Brent
96.58
Comex Copper
341.55

Crude WTI
84.19
Nat Gas
2.576

*THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES

 

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