Overnight market review 07.22

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London gold opening of 1601.20 to close at 1589.60 up to 1604.40 minimum 1584.70 volatility of $ 19.7 decreased by $ 11.6 tonquin opened 332.58 to close at 329.95 up to 332.94 328.87 minimum amplitude of 4.07 yuan fell by 2.63 yuan Europe early Eurozone President Juncker, fundamentals before the EU summit would not rule out the Greek debt options possible breach of contract, breach of Greece worries about market sentiment once again under pressure, risk assets is gradually steady and reach a new agreement of Greece in the European Union summit in midday trading after the sharp rebound, again showing the The draft agreement released by the EU summit, the EU decided to Greece, the European Financial Stability Fund (EFSF) lending rate down to 3.5 percent, the loan period is extended from 7.5 years to at least 15 years. In addition, the draft also shows that the EFSF will be able to provide loans through government recapitalization of financial institutions and purchase of bonds on the secondary market, the EFSF related terms also apply to Ireland and Portugal. To stimulate the economic growth of Greece, the summit also called for a At the same time, the Summit of private investors to participate in three programs of the Greek aid for the repurchase of debt, debt to extend and bond swaps, but the above program is still under further discussion. Compared to the earlier market is relatively pessimistic forecasts,longchamp pas cher, the new Greek salvage agreement is undoubtedly the market Sudden Impact, and promote market sentiment rebounded sharply. because the euro zone summit on the eve of market sentiment cautious, and investors are still worried about U.S. debt hit the ceiling, the international spot gold Thursday, the European session, in 1600 U.S. dollars / ounce of first-line within a narrow range . If the spread of any positive results are likely to generate negative for gold. EU leaders reached a credible plan to address the issue of Greece but also succeeded in avoiding the crisis spread to Italy and Spain. The U.S. Congress to reach agreement on the debt limit. Otherwise gold any pullback would be temporary. today concern U.S. government debt ceiling negotiations deadline 7:00 p.m. Canadian consumer price index in June before the value of the monthly rate of 0.7% expected and -0.2% June 7:00 p.m. Canada before the value in the consumer price index annual rate of 3.7% expected 3.5% Canada in June, 19:00, core consumer by Price Index monthly rate value of 0.5% expected 0.1% 19:00 Canada in June before the annual rate of core consumer price index value of 1.8% expected 2.0% 8:30 p.m. Canada 5 Monthly Retail Sales before the value of the expected 0.4% from 0.3% expected 0.3% 20:30 Canada Core Retail Sales in May by 0.0%