China's central bank injects liquidity in the financial markets

The Chinese central bank injected amounts of liquidity in the banking system by using open market operations for the first time two months ago, after the Chinese sovereign debt sales failed to raise liquidity in the market planned to target him.   China's central bank show the amount of 35 billion yuan ($ 5.6 billion) through reverse repurchase operations Bajil seven days through an auction today was the last day was the implementation of such operations in April / April 16 last.   The Ministry of Finance has sold bonds Bajil two years worth 25.16 billion yuan on Wednesday, less than the target value of 26 billion yuan, the first auction for the sale of government bonds fails to achieve his goal since the month of July of last year.   China's central bank and the government aimed to pump liquidity into the financial markets and the banking system in order to maintain the low borrowing costs and in light of the increasing demand by commercial banks on the liquidity to meet the large withdrawals end of the second quarter of the year.   This has made China's central bank cut interest rates three times since November last, in addition to reducing reserve requirements for Chinese banks to contribute to reducing the pressure on the Chinese economy, which is the lowest growth rate since 1990.   The cost of the difference in interest rates for the year, a rate that is paid in exchange for a fixed repo operations have decreased the basis of two points to reach 2.56 percent, after pumping money operations.

The US dollar declined from the highest level in two weeks and attention on growth data

The US dollar extended the decline of European market on Wednesday within corrections and rebound from the highest level in two weeks registered yesterday against a basket of currencies and awaits investors US economic growth data for the first quarter of this year, the European currency rose euro optimistic about solving the Greek debt crisis at a meeting of finance ministers the European Union.

The US dollar index is trading by the time 11:50 GMT on the level of 95.29 points from the opening level of 94.56 points and recorded the highest level of 95.65 points and 95.11 points, the lowest level.

And achieved the dollar index during trading yesterday, up by 1.2 percent the largest daily gain since the middle of last month, and in the third daily gain in a row, to its highest level in two weeks 95.87 points, with the support of strong data for the Gaza US housing and statements Jerome Powell, one of the members of the monetary policy makers Federal Reserve " US central "and which he asserted that the US economy has become ready to raise interest rates during the current year.

The US economy is expected today growth data for the first quarter with a final reading of GDP by the issuance at 12:30 GMT is expected to contract 0.2 percent after the previous reading recorded a contraction of 0.7 percent, recorded the largest economy in the world growth rate of 2.2 percent during the last quarter of last year.

US economy shrinking in line with expectations - first quarter

Released from the US economy at 12:30 GMT, the final reading of GDP contraction in the first quarter registered a rate of 0.2 percent, in line with expectations, which pointed to a contraction rate of 0.2 percent, recorded the previous reading shrinking at a rate of 0.7 percent, is worth mentioning that the US economy has grown at a rate of 2.2 percent during the last quarter of last year.

Report and EIA crude oil stocks

Released from the US economy and the EIA crude oil stocks, which explained deficit in stocks of about 4.9 million barrels during the elapsed on 19 of June this against a deficit of about 2.7 million barrels in the previous weekly reading, other than the analysts' forecasts when the deficit by about 1.8 million barrels report, and bringing the total crude oil stocks to around 463 million barrels and is near the highest level in eighty years.
On the other had, motor gasoline rose to the United States by about 0.7 million barrels, to remain higher than the average range for this time of year, as the IAEA report said on Wednesday that distillate products, which include heating oil stocks rose by 1.8 million barrels for longer within the medium term for this time of year.

Prime Minister of Taiwan to step down, and the fear on the local economy

Abandoned Taiwan Premier Jiang Yi Hua from his post on Saturday, after the defeat of his party (Kuomintang) in the local elections that took place last Friday.
For his part, the amateur has announced the acceptance of Taiwan President Ma Ying-Joe for his resignation.
Once the counting of votes in more than 80% of the constituencies show that the ruling party Kuomintang -oho Qoma- Party lost voices include eight cities Almaklan old adversaries of the party Taipei and Taichung.
It is noteworthy that the party calls for rapprochement with China, and that as a pro-China.
And let the supporters of the Kuomintang to improve relations with China, noting that Taiwan is a renegade province to Chinese sovereignty.
Fear remains the dominant force and supporters of the Democratic Progressive Party victory in the elections, the Kuomintang, which could create a suitable ground to win the presidential election scheduled in 2016.
Democratic Progressive Party came to power and the presidency of the country may erase all talks with China, and leads the deterioration of Taiwan-China relations.
It is noteworthy that the Kuomintang party was working to strengthen its relations with China in order to improve Taiwan's economy and the prosperity of the work, but the heavy loss incurred by the party in local elections threaten these relations, which would negatively affect the economy.

Indices conclude the session on a slight negative changes in its entirety

Indices third this week's sessions on the variation in the performance concluded in the wake of economic developments and data Tbanha on Wednesday, which confirmed the world's largest economy contraction during the first quarter showed a final reading of GDP contraction of 0.2% little changed from the previous high reading Unlike expectations pointed to the widening contraction to 0.7% amid a 2.1% Personal Spending growth ahead of expectations for a growth rate of 1.9% and compared to a growth rate of 1.8% in the secondary previous reading, in conjunction with the draw attention of investors to developments in Greece crisis file.
This Dow Jones industrial average has ended the trading session down 0.33%, or about 59.29 points at 18,084.78 levels, as Standard & Poor's 500 index fell 0.13%, or about 2.66 points at 2,121.54 levels, while the Nasdaq Composite Index rose 0.06%, or about 3.20 point to 5,163.30 levels.
The US dollar index, which tracks the greenback's performance against six major currencies, especially the single currency for the euro zone as well as the Swiss franc, Japanese yen, pound sterling, krone Swedish, Canadian dollar, has fallen to currently trade at 95.43 levels compared Balavtaatahih at 95.56, its lowest level during the the trading session at 95.12, while achieved its highest at 95.73.
On the other hand lost gold prices fell for a fourth straight session to trade at 1,175.22 $ per ounce compared with the opening level at 1,178.30 $ an ounce, as US crude oil prices declined to trade at $ 60.22 per barrel compared with the opening levels at $ 60.59 a barrel, ignoring it all The weekly report showed energy, told the US deficit in stocks exceeded expectations.