The European debt crisis is on the crest of the wave, and the leaders of major powers do not succeed in finding a decent output to it.
It mini summits and peaks occur between different prime ministers, with proposals that seek to unify criteria, although in all cases are rejected by the German Chancellor, Angela Merkel.
Such is the case for the initiative to create a Eurobond, which has the approval of Merkel, because its implementation would be supportive to their country with other countries using the euro as national currency, and generate the unification of the interest rates.
These have been increasing in recent weeks in countries that in principle should not have major problems, such as France and Holland have risen to records since the inception of the euro in Spain and Italy.
Indeed, Italy has had to pay on Friday morning, nearly 7.5% of loans to two years, Spain has similar difficulty.
In this context, the foreign exchange market has a uniform behavior, something unusual in recent times. The dollar strengthened on all fronts, especially, of course, against the euro and therefore to the Swiss franc, British pound but also is very weak. Meanwhile, the yen has left its short-term bullish position, and traded at 77.50 per dollar, a move that could deepen in the coming hours.
They also fall oil, which traded at 95.06 (WTI) and 106.00 (Brent) at this time. The currencies linked to it, as the Canadian dollar and Mexican peso, also suffer paths falls. In the case of weight, has reached its lowest end of March 2009, thus being more weakened currency in recent weeks.
Gold also seems to have slowed its upward path, and can not exceed $ 1700 per ounce, bringing down the Australian dollar, which is approaching its minimum of one month and a half.
No important data for the U.S. session, the reopening of the NYSE will be a strong attraction. The Dow Jones index futures traded at the time at 11,160 points, while closing the Wednesday before the holiday on Thursday, was at 11,257 points. This difference between the futures and the actual price of the shares is usually covered in the first minutes of the American session.