por admin » Dom Mar 17, 2013 8:33 pm
El euoro baja, los futures declinan debido a Cyprus, el oro sube
El euro bajo a su nivel mas bajo en ela nio, las acciones cayeron y el yen se fortalecio debido a un evento sin precedentes: los depositos bancarios tendran que pagar impuestos, evento que podria enviar a Europa nuevamente a la crisis. Y todo esto a pesar que Cyprus es solamente el 0.5% de la zona euro.
El euro bajo 1.4% y el yen gano 0.4% a 94.92 por dolar a las 9:03 a,m, en Tokio. El MSCI de Asia bajo 1%, los futures del S&P 500 1% a la baja, el petrleo cayo 1.2% y el oro subio 0.7%
Euro, U.S. Stock Futures Decline on Cyprus; Gold Gains
By Jason Clenfield & Adam Haigh - Mar 17, 2013 8:31 PM ET
The euro dropped to its lowest level this year, stocks fell and the yen strengthened as an unprecedented levy on bank deposits in Cyprus threatens to plunge Europe back into crisis. Gold jumped.
The euro declined 1.4 percent to $1.2891 and the yen gained 0.4 percent to 94.92 per dollar as of 9:03 a.m. in Tokyo. The MSCI Asia Pacific Index of shares lost 1 percent, while Standard & Poor’s 500 Index futures slid 1 percent. Oil fell 1.2 percent, while gold advanced 0.7 percent.
Euro finance ministers reached an unprecedented agreement on March 16 forcing depositors in Cypriot banks to share in the cost of the latest euro-zone bailout. While Cyprus accounts for less than half a percent of the 17-nation euro economy, the concern is that the one-time tax on accounts could trigger bank runs across Europe and further destabilize the financial system.
“If this is a template for future bailouts, then that’s worrying for any of the larger countries,” said Imre Speizer, a strategist at Westpac Banking Corp. in Auckland. “It isn’t affecting only the euro, it’s affecting risk appetite in general.”
Cypriot President Nicos Anastasiades appealed to lawmakers in Nicosia to ratify the levy, which would raise 5.8 billion euros ($7.6 billion) by taxing every bank account on the island. Meanwhile, scenes of Cypriots lining up at cash machines raised the specter of capital flight elsewhere.
Euro Slides
The euro slid against the dollar to its lowest level since Dec. 10. It dropped 1.8 percent to 122.39 yen, weakened 0.6 percent to 1.2199 Swiss francs and fell 1.3 percent to 0.8542 against the British pound.
“The issue is whether to believe that the Cyprus levy on depositors is one-off,” Steven Englander, head of Group of 10 currency strategy at Citigroup Inc. in New York, wrote in an e- mailed research note. “Depositors and investors elsewhere could easily see this as another in a string of ’one-offs’ and react badly.”
The euro is currently trading about 6.4 percent stronger than $1.2127, its average since being introduced in January 1999, and has been above that level since July 27.
The shared currency has risen 2.4 percent against the dollar since ECB President Mario Draghi on Sept. 6 announced an agreement for an unlimited bond-buying program to regain control of interest rates. It has climbed 2 percent over six months, according to Bloomberg Correlation Weighted Indexes tracking 10 developed market currencies.
About nine shares declined for each that advanced on the MSCI Asia Pacific Index, which dropped for the first time in three days.
Gold climbed above $1,600 an ounce, as investors favored assets they consider safe havens.