FOREX,COMMODITY AND STOCK MARKET NEWS TODAY

Today,economic news about Wells Fargo will cut 3,800 jobs and close 638 stores. The Wells Fargo Financial, the company’s consumer finance division that made “non-prime” home loans.Wells Fargo cut  2,800 of the job will happen in the next 60 days, and the remaining 1,000 positions will be eliminated over the next 12 months.
Wells Fargo said.”The economics of a separate Wells Fargo Financial channel are no longer viable,” David Kvamme, president of Wells Fargo Financial, said in a statement.Charges related to the restructuring will total $185 million, Wells Fargo said. About $137 million of those costs, or 2 cents per share, will be recorded in the second quarter of the year for severance. Most of the remaining charges will be incurred in the third quarter.

Today,the European shares mixed in active trading.The Europe exchange has increased because of the effect of strengthening the U.S. market. U.S. stocks experienced positive reinforcement because of the financial statements of large U.S. corporations are poised to give an assurance of future economic conditions. Shares of technology companies led gainers as investors responded to strong quarterly results from Intel (INTC, Fortune 500). After the closing bell on Tuesday, the chipmaker reported its Best quarter ever and raised its outlook for sales growth.So Britain’s Britain’s FTSE 100 slipped 0.3% and France’s CAC 40 Fell 0.1%. The DAX in Germany gained 0.3%.

Today, Asian stock markets rose position.The Asia stock exchange  increased because the effect of strengthening the U.S. market. The increase in U.S. stocks gave a positive sentiment for the movement of Asian stock. U.S. stocks experienced positive reinforcement because of the financial statements of large U.S. companies are poised to give an assurance  of future economic conditions.So that the Nikkei index surged 2.7%, Kospi Index closed up by 22.93 points or 1.32% to 1758.95 basis points. The Shanghai Composite Index added 0.8% and the Hang Seng closed up by 129.75 points or 0.64% to 20560.78 basis points.

Today, the forex market reports about japanese Yen Weakens as Global Stocks stronger influence.In currency trading the Asian session today, japanese yen weakened against the U.S. Dollar. Pair EUR / JPY is currently engaged in the range of 88.53.This week’s global stock market managed to have strengthened after the previous week fell quite sharply, both on Wall Street, Europe and Asia. As a result, demand for safe haven japanese yen also declined to accompany the strengthening of the stock.

Today, the forex market reports about japanese yen weakened  againts  EURO for the German Industrial Thin Recovery so Euro Rebound Against Yen.In the pair trading the EUR / JPY European session this afternoon, the euro was observed to rebound and rose against the Japanese Yen in the range of 111.59. But the euro rose to a two-month high versus the dollar, on Some optimism about the results of European bank stress tests, Also Some Gave stocks support.Updated information on the indicators of Germany Industrial Production m / m which was just released by Destatis showed an increase in performance on the German industrial sector.

Today, the forex market reports about japanese yen strengthened against the pound sterling.The latest data releases  still not quite strong performance of UK manufacturing sector, so that investors responded to the increasing tendency to sell pound sterling at GBP / JPY.So GBP / JPY, Yen strengthened against the Pound Sterling.Because still weak performance in the development of the manufacturing sector in the UK movement causes the weakening pound sterling

Today, the forex market reports about japanese yen strengthened against the latest data releases Dollar.The releaseClaims unemployment indicators scheduled to be released by the Department of Labor is expected to show any indication of positive developments in the United States economy

Today,stock market reports about  Asian markets ended lower.Weakening conditions in Asia apparently the majority of the stock exchange also affects the movement of U.S. stocks today. Investors apparently still do not give a positive response regarding global economic developments that are still labile.Weaken economic data remains a major focus after yesterday announced that the ISM non-manufacturing data for the month of June U.S. weakened.Kospi Index closed down by 9.29 points or 0.55% to 1675.65 basis points. While index futures declined by 1.59 points to 217.85 basis points. The Nikkei index fell by 58.39 points to 9279.65 basis points, The Hang Seng index closed down by 227.05 points or 1.13% to 19857.26 basis points.And the Shanghai Composite rising 0.5%.