The market seems to be gradually increasing the risks are growing indicators that reflect the potential volatility of the price of investment instruments. Yesterday, the ECB following its June meeting deteriorated significantly the medium-term forecast revisions eurozone GDP. Now expected the European Central Bank's range of this indicator in 2009 and 2010. , respectively, -4.1% /-5.1% (g /g) and 0.4% /-1% (g /g) compared to -2.2% /-3.2% (g /g ) and 0.7% /-0.7% (g /g) according to the previous March estimated the bank. However, the prospect of complications of the macroeconomic situation in the EMC are still not having a meaningful impact on decisions taken by the ECB in the field of monetary incentive. Europe's central bank confirmed on Thursday that the implements in the period from June 2009 to June 2010 previously announced repurchase program in the market for bonds secured by a modest amount of critical standards in the 60 billion euro. However, any suggestion of any new plans for the monetary and credit support for the economy of the euro area the ECB leadership has once again abstained. There is quite a strong impression that the positions taken by the European Central Bank in the supranational economic regulation, policy is now dictated by the German financial and economic management.
Exchange EUR /USD has managed to last push off from the support at 1.3800 /30 and today for the opening session of the European re-marks above 1.3900. The market is awaiting the publication on Thursday, May retail sales data in the United States, which, judging by the overall dynamics of macroeconomic statistics, leaving at a time may be relatively favorable in nature. It should also be noted that the Fed yesterday officially endorsed by the ten leading lenders of America plans to build its own capital in accordance with the requirements of U.S. regulatory structures, formed as a result of previous financial stress - tests the largest banks in the U.S.. Uncertainty, however, persists in changing the banking risk management and overall efficiency of their administration, which also includes the list of the requirements of Fed, promulgated on May 7, TG It should be noted that this factor may have in the medium term dampening effect on the level of financial investment activity of the U.S. credit sector. Meanwhile, macroeconomic statistics, published yesterday, does not seem to have on the mood of investors homogeneous influence. On the one hand, the June index of economic confidence in the EMC demonstrated increasing up to -27 pt. with an average forecast, and its value in the previous month, equal to -31 and -34.3 pt. On the other hand, factory orders in Germany, also according to yesterday's data, in May, TG decreased - the truth, without regard to seasonal changes - at 37.1% (g /d). The market in this case the expected reduction in this indicator by 35,8%. In doing so, the April value of the dynamics of this index were markedly more favorable accounting -26,5%.
Strengthening U.S. dollar, which followed the publication of more positive data on Friday as the labor market in the United States in May, apparently fully izzhilo their bid on Tuesday. According to analysts, investors began with great care to assess the prospects for restoring the American economy and, possibly, more rapid increases in interest rates in the United States, which led to the downfall of American currency. Against the backdrop of rising oil prices and the strengthening of the stock indices, investors were once again to show the propensity to take risks. Market participants close their long positions on dollar, gradually moving their assets into euros and other risk-sensitive currencies with relatively high interest rate. In addition, it should be noted that the European currency managed to grow despite the disappointing April data on foreign trade and industrial production in Germany. The British pound meanwhile was able to feel quite significant support from the data on the housing market in the UK, as well as efforts by the optimism of investors with respect to Prime Minister Gordon Brown, who received support from the Labor Party of Great Britain and, apparently, to whom still managed to continue his political career in the near future.
As a result of yesterday's auction of American Dow-Jones index fell by 0,01%, SP increased by 0,35%, Nasdaq rose 0.96%. As a result, the importance of Dow-Jones has reached the level of 8763.06 point, SP - 942,43, Nasdaq - 1860,13 points. The stock index of Brazil BRSP BOVESPA IND decreased by 0.88% to 53157.13 points. Index of the London Stock Exchange FTSE 100 dropped 0.01% and closed at 4,404.79 points. The index of the Paris Stock Exchange Sas 40 increased by 0.21% and closed at 3,296.73 points. The index of the Frankfurt Stock Exchange Xetra DAX fell by 0.14% and amounted to the closing of 4,997.86. Value Japanese Nikkei index soared to date at 1.87%, to 9970.5 points. To date, China's Shanghai Composite index rose by 0.44% and is located at 2800.379 points. Index of the London Stock Exchange FTSE 100 dropped 0.01% and closed at 4,404.79 points. The index of the Paris Stock Exchange Sas 40 increased by 0.21% and closed at 3,296.73 points. The index of the Frankfurt Stock Exchange Xetra DAX fell by 0.14% and amounted to the closing of 4,997.86. In the World's Markets you can read news, reviews and commentaries on the situation in foreign markets. the June contract price for oil varieties Light on the New York exchange NYMEX (Crude) was $ 71.5 per barrel (today at the same time, it was $ 68.45 per barrel), the price of futures for Brent crude oil marks on the London Stock Exchange IPE was $ 71 per barrel (today at the same time, it was $ 68.26 per barrel). As a result of trades on the closing price of ADRs on the Russian stock of: VTB (Eng) - 2,7, Gazprom (Eng) - 22.84, Lukoil (Eng) - 52.8, Nor. Nickel (Eng) - 10.1, Rosneft (Eng) - 6,29, Surgutnfgz (Eng) - 7,82, Mobil TeleSystem (USA) - 40.66, Rostelecom (USA) - 37.34, VimpelCom (United States) - 11,99, Mechel Steel (USA) - 10.23. For a change in the quotations for domestic and foreign sites, you can follow in the Quotations of securities and Interactive tehanaliz. Today, 16.30 Moscow time in the United States leave the following information: - Oil and gas reserves (EIA Total Crude Stocks) as at 5 June 2009. Previous value of 366 million barrels. - Oil of the Week (Review) (EIA Weekly Crude Stocks w /e) as at 5 June 2009. The previous value of 2.9 million barrels. More expected today, the statistics can be found under Calendar of statistics. comment yesterday on the behavior of market analysts from the investment company FINAM: Vladimir Sergievskaya, strategist of investment company FINAM: ВидеоверÑÐ¸Ñ comment On Tuesday the Russian stock indices recorded multidirectional change in external conditions rather quiet background: MICEX (-0.6%), RTA (0.8%).
Yesterday in the Russian stock market was nevolatilnym. In the absence of new trading ideas MICEX index fluctuated in indecision within the day in small amounts (up session - -0.6%). There was a common behavior among different sectors. Thus, much stronger than the market looked like steel sector, neftyanka is experiencing great pressure. Mostly positive, comes from foreign stock markets and futures on the SP, was largely ignored. It has stimulated the purchase of oil and rosshaya. news background, as mentioned, was scarce, we note only way out of date statistics: the GDP of Brazil, in the 1 quarter of -1.8%, as well as information about industrial production in Germany in April of -1.9%. significant corporate events in Russia and abroad are not observed. Today, the session will be more intense: in addition to traditional weekly statistics on oil reserves in the United States, is important information about the May CPI in Germany and China, as well as the May trade balance in China. There will be an annual general meetings of the leading Russian companies: the shareholders are going to RusGidro, Dalsvyaz, OGK-5 and the North-West IDC. In the United States accountable within the index S P500 company-alcoholic beverage producer Brown-Forman. Morning positive background for the Russian stock market, we look forward to the opening with a positive gap of order 0.6% on the MICEX index. Authorize and appreciate the story;; Your grade will be the first! Analyst Ratings
At the opening of the trading environment for futures index RTS (RTS-6.09, RIM9) reached a resistance in the area of 114 000 points, where we recommended that the opening short position with the foot above 115 000-116 000 points. In the case of games from shopping recommend placing a stop below 110 000, 107 or 000 points. Futures on the euro-dollar (ED-6.09, EDM9) is currently moving in the area of resistance at 1.41, where possible sale with the foot above 1.41-1.415. Stop by the Long recommend that you place below 1.395, or 1.37. Futures on the dollar-ruble (Si-6.09, SiM9) during the last trading session Breaks support at 31 000, returning to the range of 30 500-31 000. Stop by the long positions in the current situation, recommend that you place below 30 500. In the case of game sales stop by the shorts can be above 31 100 or 31 700. Futures oil varieties Brent (BR-6.09, BRM9) managed to penetrate the support in the region of $ 70, which paves the way for $ 75-80. Stop by the long recommend that you place below $ 69-69,5, or $67. Futures on gold (GOLD-6.09, GDM9) continues to move in the area of resistance at $ 960. Exit above this level will increase the chances of a region $ 985-1000. Stop by the Long can be below $ 940. Stop by the short positions above $ 965. Authorize and appreciate the story;; Your grade will be the first! Analyst Ratings
04.06.09 10:08 ; Â On Wednesday, the Russian stock market nahlynula correction. Trading began with the decline of most «blue chips». The occasion gave the fall of European sites and oil quotations below $ 67za barrel. During the day, futures on U.S. indexes are in negative zone, which also has a negative impact on the Russian market quotes. outsiders among the «blue chips» the recent leaders - Paper banking sector, «polegchavshie» more than 10%. This is largely connected with the weakening of the ruble: On Wednesday it fell to 40 cents on the dollar. As a result of ordinary shares «Sberbank» decreased by 11.63%, VTB - on 9,89%. In the oil and gas sector, most have lost the paper «Tatneft» (-11,11%). Promotions «Rosneft» and «Gazprom» has dropped by 8.42% and 8% respectively. The general «red» emerged Paper «InterRAO» (11,6%). At the end of the day the dollar RTS index fell by 4.5% to 1127.57 point values, the MICEX index fell by 7.45%, the value of 1109.21 points. External background before the opening of the Russian sites on Thursday moderately negative. America closed the decline, oil and gas market is worse, the financial sector in the market. Asia traded mostly down: Japanese Nikkei falling 0.5%, Chinese Shanghai Composite drops to 1.4%. Oil brand Brent traded at around $ 66 mark. Futures on the U.S. S P500 reduced by 0.2%. Despite the negative closure of U.S. indices, buying near the end of trading session in the United States led indexes to levels similar to the close of the trading in Russia, which substantially reduces the pressure on domestic customers, said managing the assets of Investment House Alexander Volynsky .
09.06.09 12:54 ; Â As analysts predicted that today the Russian stock market opened with a small gepom up. This contributed to the external background, formed before the opening of tenders: U.S. stock indexes finished trading Monday neutral, but higher than those who were at the close of the trading in Russia, oil prices stabilized above the $ 68 a barrel. Leaders at the opening, once again became common and preferred stocks «Sberbank», which added 2.1% and 2.55% respectively. Neftyanka despite rising oil prices, traded raznonapravleno: «Rosneft» (1,42%), «Tatneft» (-0,42%), «Surgutneftegaz» (-0,13%), «LUKOIL» (0, 8%). By 12.30 Moscow time the MICEX index adds 0.73% at 1128.52 points. RTS Index at that time was 1113.19 points (1.51%). On FORTS the June futures on the RTS index in the «black» at 2.18%, at 110,650 points. In European trading venues are in «green belt». FTSE Index rising at 0.5%, at 4427.55 item DAX index adds 0.7%, at 5,039.88 point, the index CAC 40 - 3316.38 points (0.81%). By 12.30 Moscow time ADRs in the Russian equities in London (in dollars per share) as follows: LUKOIL -54.4, -101.9 NorNikel, Rosneft - 6.47, Rostelecom - 6.118, Gazprom - 5.712. Futures on the SP in the «black» at 0.06% and is at the level of 939.4 points. The July futures on oil brand Brent traded at around $ 68.92 a barrel, Light - $ 69.13 per barrel. «Oil prices are denominated in Russian rubles, at a maximum since the beginning of this year (and only one-third below last year's level), and thus the conditions of the Russian companies continue to improve, which should be reflected in their quotes», - noted Yury oxen, Senior Analyst, Bank of Moscow.