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European equities rebound after yesterdays plunge

FXstreet.com (New York) - The European stock experienced managed to bounce off the cataclysmic plunge yesterday, which saw markets trade at 20-month lows in Europe.

Beginning with commodities, the prices of gold and silver are trading at session lows, trading more specifically at USD $1294.87 and $19.83 per oz. respectively. In addition, the price of crude is operating at USD $95.40/bbl Friday.

Equities bounce back in Europe

Moving to indices and composites, the EURO STOXX 50 rose +1.04% as it settles in region of 2612.69, up 26.24 points in these moments. In addition, the FTSE 100 moved higher Friday, operating at 6232.36 ascending +72.85 points or +1.18% at the time of writing. Finally, the DAX has strenghtned recently as well, trading in the zone of 7974.04 presently +0.64% after a movement of +50.56 points.

Flash: Is September the targeted month to end easing? – NAB

According the NAB Research Team, “Currency markets have stabilized in the past few hours, the AUD tracking sideways and the USD giving up some of its gains – the catalyst for these moves was Fed Chair Bernanke’s post FOMC press conference earlier this week.
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