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Market Pulse: Euro election gloom covers stocks, oil, euro

Tuesday, May 08, 2012 - 03:35

May 8 - Risk appetite and assets clouded by election uncertainty, but a couple of shafts of light appear.

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Political paralysis increased fuels market uncertainty across -- Stocks oil on the you know alternating look this is today's market pulse. Well let's get straight time tonight too few marching -- so she's market analyst at city index in London. Few things -- Johnny last night around. You case also done about a third of 1% -- these folks don't about two thirds but might not as that underperforming hugely why is that. Yet striving we've definitely seen of course just does the weight kept. And that the risk appetite has decreased quite Saddam for that reason we -- impresses me from the way. From the heavyweights the Clusty Stutzman mine is coming we've seen that done so that turning down around 5%. Extras have transmit docent at around two and a half percent change. But Sam once sun's out and not say it's is total oil I'll put on 40% on top percent. And tell us why by us -- so strongly. -- that's -- Thomas had a great -- this morning is turning up around 4%. Many on the -- could break friend and recommendations. And that great can hike and that target prices. Basically they've discovered more oil and narrow FSA federation of Kenya. Increasing its potential significant -- for the failed. And I mean it was any back to not trend ASA announced they -- discovered the country's oil site that's rated didn't quite positive -- -- Well I'm oil itself is done and I'm down 1% today. I'm falling for the full a hundred dollars a bottle as this chart shows common thought is done and I'm almost 10% and we salaam. Think news there. You're not finally another high performance at the end this time in the banking center is HSBC. Tell us that was driving. Yeah that's right as he set I mean I suspect be seen every bucking the trend that -- the F for the finance shows. Fave but they've completely smashed expectations. Without reporting this morning that profit before tax -- so they. Six point eight billion US -- as. For the first quarter of 2000 that you think that's 25 -- up -- had to fast quote 50000 and I've been. And and great the -- malls are more honest respecting well which is the -- five point eight. Billion US status on the back of that yet HS CHS BC that current campground 1% to site. Great stuff you know thank you very much -- was just pointing out their bets on HSBC trading strongly but European findings on the whole are much -- today. Done by 1% as this chart shows. That's European might banks of course the -- goes on and -- also look. Yesterday hit a three year low. So the -- and French elections -- -- -- -- pressure for the you -- this week out shot of the day comes from technical strategist validate dust they'll be a day by day and hottest. I suggest the single currency has some -- to fall before it finds a base. When you first heading to one fantasy experts he will seem timing with -- how long it would take to lower than that but so far. But UTT indictment ITT has been going down very much together with the trend. And -- teaching to one effort to support that we have led to it yet it's which means that investors have been complacent. And therefore we did not expect the support to hold. We'll see time wherever this trend can -- match from nowhere and won 26 Turkey that's I was first target. Well what was today's market pulse to an end at eleven GMT every -- if we didn't daily dose of -- moving and financial markets and why. I'm -- to give out this influx of.

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Market Pulse: Euro election gloom covers stocks, oil, euro

Tuesday, May 08, 2012 - 03:35