Several markets in Asia
were closed for public holidays Monday, mainly to observe the Chinese Lunar New
Year. Hong Kong, China, Taiwan, Singapore and Malaysia were all closed for the
Lunar New Year festival.
Malaysia reopened on
Tuesday, February 12, Hong Kong and Singapore will resume trading on Wednesday,
February 13, and Taiwan will reopen on Thursday, February 14. China will remain
closed for the whole week, and will reopen on Monday, February 18.
Japanese shares rose, with the Nikkei 225 Stock Average halting a two-day
drop, as the yen weakened after a contender to become the next Bank of Japan
governor signaled support for more monetary easing.
The Nikkei 225 gained 1.9% to close at 11,369.12 in Tokyo after equity
markets were shut yesterday for a holiday; Korea's Kospi index fell 0.26%;
Australia's S&P/ASX 200 inched down 0.01% and in Mumbai, the Bombay Stock
Exchange's Sensex 30 index rose 0.52%.
In Europe, the
Dow Jones Stoxx Europe 600 is up 0.02% in morning trading Tuesday.
In Dublin, the
ISEQ has risen 0.78%.
Elan is up 3.52%.
Key Index Performance
Bank of Ireland Daily Report
The euro is
trading at $1.3437 and at £0.8610.
For live currency updates, check the
right-hand column of the
Finfacts home page.
The US dollar
fell to $1.6038 per euro on Tuesday, July 15, 2008 - an-all time record.
The Baltic Dry
a measure of shipping costs for dry commodities,
hit an all-time High of 11,771 on the 21st of May, 2008.
From that time it reversed and on the 5th of December, 2008 it hit a low of 663
- - close to a 1986 low.
On Thursday, July 15, 2010, the index fell for
the 35th straight session, by 9 points, or 0.537%, to 1,700 points,
On Monday this
week, the BDI fell 2 points or 0.27% to 746 - - the BDI is
up 6.72% in 2013.
Crude oil for March 2013 delivery is currently
trading on the
Chicago York Mercantile Exchange (CME/Nymex)
at $97.26 up 23 cents from Monday's close. In London, Brent for February
delivery is trading on the
International Commodities Exchange at
$118.69. The North
Sea benchmark accounts for two-thirds of the global market.
reports that for the
first year since the futures were created, Brent crude is poised to overtake
West Texas Intermediate (WTI) oil as the world’s most-traded commodity.
in Brent jumped 14% to average 567,000 contracts in the year to November 20
compared with all of 2011, while WTI fell 17% to 575,000, according to data from
the ICE Futures Europe exchange in London and New York Mercantile Exchange
compiled by Bloomberg. The number of Brent futures changing hands has exceeded
those for WTI every month from April through October,
the longest streak since at least 1995.
Brent, produced in the
North Sea, is gaining favour among traders because of its role as the benchmark
for energy prices from Saudi Arabia to Russia. Prices have climbed 34% in the
past two years, reflecting everything from war in Libya to the embargo on Iran.
WTI, the main grade in the US, has risen 9% as the nation, which prohibits crude
exports, has struggled to clear a glut at Cushing, Oklahoma, the delivery point
for Nymex futures.
Gold spot price
The spot price
of an oz of gold is trading in New York at $1648.40, down 10 cents from Monday's
close in New York.
Gold had hit a
record high of $1,921.05 a troy ounce on Sept 06, 2011.
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