Finish of the tuesday session, first trading day of the year in london and in switzerland, the lefthand column of this go function shows equities rising across the board. In greece, luxembourg, austria, switzerland, spain, belgium, currencies in the second column are falling against the dollar. What a quarter the dollar had, the last quarter of 2016. Best since 2008. Sovereign bonds is the third column, lets not forget the stoxx 600 is heading for a bull market. Minutes, the move from february last year through today on a closing basis. 20 . That is a bull market. In turkey, this tells you what has been happening, the dollar rising to a record high against the lira which is falling to a record low against the dollar, the biggest decline against the dollar among the worlds major currencies today, falling as much as 1. 6 . The killer of 39 people at an istanbul nightclub out large. Inflation accelerating more than expected in december, the annual , morebove all estimates than 3. 5 above
The risks to energy and financial markets are immediate and real. Oil prices surged as Israeli forces launched a counteroffensive and as questions mounted around Iran’s involvement in Hamas’ attack plans.