Today bulls organized attack, during which not resist even a powerful mark in 1200 items on the MICEX index. Trading on the local sites have opened in positive territory, after which, despite a stable external background, profit-taking is not followed and the market did not adjust downwards. Instead, market participants continued to purchase, and the MICEX index went up to the mark of 1,200 points, near which was to consolidate a long time in anticipation of publication statistic data on the U.S. economy. The published figures exceeded forecasts, indicating a revival of the American economy. Producer prices rose by 1,7% against the expected growth of 0.8%, which indicates an increase in demand for products. Growth of retail sales reached 2.7% against the projected growth of 1,9%, which also indicates an increase in demand. At such positive data on U.S. index futures were fixed up - a future on the SP 500 index went above the 1,045 points mark. On Russia's market has also formed a wave of purchases and the MICEX index crossed 1,200 points mark - now of the annual maximum of its total of 20 separate items. But today I do not expect to achieve a given level without the appearance of new drivers of growth. In my opinion, is to record growth, as rising dynamics are unlikely to continue - this requires at least a small correction, we can see or finish the current session or at the beginning of tomorrow's trading day. Results of the American session are unlikely to have substantial support to Russia's market, especially as powerful drivers of growth are already in quotes. In this regard, does not recommend moving the position for tomorrow. It is worth noting that amid such positive data have been under strong pressure from oil futures. First published markostatistika presents a revival of the economy - and hence an increase in demand for petroleum products. Secondly, the positive data led to a strengthening U.S. dollar, which adversely affect the dynamics of the value of black gold. Tomorrow's session will also be saturated with statistic data - expected publication of data on unemployment in the euro area, consumer prices in the euro area, inflation in the U.S. consumer and industrial production in the U.S.. However, it is worth noting that today bulls are not prevented even higher risks. Shares LUKOIL is an interesting idea for the opening short positions. Paper too overbought and traded near a strong resistance of 1700 rubles., Which is unlikely to be passed without a correction of this growth. Correction expects paper and Rosneft, which is also very overbought and now updated the annual maximum, were slightly higher than the previous. Papers of the banking sector is overbought, as the majority of shares of domestic issuers. The growth potential of their small, so open long positions too risky. interesting dynamics of this campaign showed KAMAZ. On the idea of a possible acquisition Rostekhnologii 13% On paper shares opened with a gap up, and early in the session growth exceeded 20%, which brought up quotes automaker to the likely costs of the transaction. However, closer to the finish line of the trading day, market participants chose to record substantial profits on shares and securities KAMAZ went into red zone. log in and see the material;; 2; user rated material at 2. Analyst Ratings
gets published Today, before the opening of trading on our sites external news background wore a moderately optimistic. America yesterday came to the finish with positive results within one percent of the leading indexes: DJI 0,22%, SP 500 0,63%, Nasdaq Composite 0,52% - support from the statement of Barack Obama on the end of the crisis and maintaining the intent of the State oversee financial markets. In Asia, the day was the same sentiments. Besides the easy optimism helped to reduce the eve of quotations, in the end results of the tenders were as follows: CSI200 0,52%, Hang Seng -0,31%, KOSPI 1,13%, NIKKEI 0,15%. on domestic exchanges opening took place near the finish of yesterday's levels, and the bidders have begun buying up assets. The leader of trades in the stock market appears Savings Bank, added to 16.00 Moscow time, four per cent and has come down to levels of September last year, one of the incentives for buying it was the increase in investment houses forecasts on shares of the bank. Next to the green paper treadmill run oil and gas sector: 2,59% Rosneft, Lukoil 2,30%, 2,23% Surgutneftegaz, Gazprom 2.15%. The emergency section of the RTS growth is observed for most of the December futures contracts. Futures on the RTS boldly overstepped the mark in Section 120000, and yet they manage to maintain this height. An exception to this green forest stand futures on precious metals: GDZ9 -0,15% - by global gold futures can not keep a note of $ 1000, given heavy lifting, SVZ9 kept at 16.5 dollars per ounce . Moderate optimism in global venues continues: European indexes in positive territory for half a percent, futures on U.S. indexes more restrained - are close to zero, Brent crude is at the beginning levels of the day - 68.50 per barrel. Investors are frozen in anticipation of U.S. data on producer prices and the level of retail sales. As you can see, optimistic investors are present, and for purchases only lacks the positive statistics, if available, and optimism in America's growth areas for us and tomorrow may well be continued. log in and see the material;; Your score will be the first! Analyst Ratings
Index Ksetra the Frankfurt Stock Exchange DAX (Xetra DAX) fell 0.78 points (-0.01%) and at the level of 5619.46. Index of the London Stock Exchange Futsi 100 (FTSE 100) rose by 20.72 points (0.41%) and at the level of 5039.57. December futures on the index of S & Pi 500 (SP 500) on Globex (Globex) rose by 0.5 points and is 1044.0. Opening of the American stock indexes are now expected to top. After a sharp increase to a mark 1.6656 pound /dollar fell on the European session more than 200 points and reached a level of 1.6450. The euro /pound rose by more than 100 points to a mark 0.8875. Strengthening the pound rate was due to the higher value of the index of consumer prices in the UK. However, subsequent statements by the Bank of England King led to the fall of the British currency. King said that the bank's management is discussing the possibility of reducing rates on reserves of commercial banks. This suggests that may be adopted another measure aimed at strengthening the quantitative easing monetary policy. Today, investors' attention will be directed to the publication of important economic data in the United States. Harmonized Index of Consumer Prices (HICP) in the UK for August, 0.4% for the month, 1.6% for the year (forecast 0.3% per month, 1.4% for the year, the previous value of 0.0% per month, 1.8% per year). The retail price index (Retail prices) in the UK for August, 0.5% for the month, -1.3% for the year (forecast 0.3% for the month, -1.4% for the year, the previous value of 0.0% per month, 1.4% per year) . index of business expectations of the German Center for Economic Research (ZEW economic expectations index) in Germany for September 57.7 (forecast 58.9, the previous value of 56.1). preliminary value employment cost index (Labour cost index) in Europe (16) for the second quarter of 4.0% per year (forecast 3.4% per year, the previous value of 3.7% per year). log in and see the material;; Your score will be the first! Analyst Ratings
USD /JPY prices are testing the resistance level of 91.00. If it is over, continue growth, the primary purpose of which is likely to become a mark 91.55. In favor of such an outcome can speak upward direction of the trend indicator OsMA at 4-hour chart (Figure 1). At the same time, the oscillators have identified a U-turn in the opposite direction, thus signaling the likelihood of reverting to the mark of 90.70. On the hourly chart (Fig. 2), the situation indicates the possibility that the level of 91.00 will not be performed, and prices start from him, will fall. OsMA and oscillator SS fixed down. In the same direction outlined a turn and oscillator RSI. Thus, in my opinion, the possibility of opening positions for the purchase with a close stop-loss should be considered only after confirmation of a breakthrough price resistance level 91.00. Support: 90.70, 90.00, 89.70, 89.00, 88.40, 88.00, 87.30, 87.00, 86.00, 85.00, 84.40/30. Resistance: 91.00, 91.55, 92.00, 92.40, 92.70/85, 93.00/20, 93.60/50, 94.10/00, 94.60/50, 94.90/95.00, 95.30/40, 95.90/96.00, 96.30, 96.60, 97.00, 97.50/75, 98.00, 98.35, 98.60. USD /CHF Prices are consolidated in the 1.0350 resistance level. If they still be able to overcome it, to continue growth, the primary purpose of which is likely to be a mark 1.0400. The probability of this outcome suggests that the trend indicator OsMA at 4-hour chart (Figure 3) takes the upward direction. At the same time, the oscillators have identified a turn down, thereby signaling a return of prices to a mark 1.0320 (at least the Asian session). What OsMA on the hourly chart (Figure 4) confidently directed upwards, confirms the supposition about the possibility of a breakthrough level of 1.0350 and the continuation of the rising phase of the movement. SS and RSI turned different direction. In light of this, in my opinion, is to wait for confirmation of breaking the resistance level of 1.0350, and only then consider the possibility of opening positions for the purchase with a close stop loss. Support: 1.0320/00, 1.0250, 1.0200, 1.0175, 1.0130, 1.0100, 1.0070, 1.0650, 1.0615/00, 1.0550, 1.0500/1.0490. Resistance: 1.0350, 1.0400, 1.0445, 1.0490/1.0500, 1.0550, 1.0600, 1.0650, 1.0700,1.0730, 1.0750/60, 1.0800, 1.0840/50, 1.0900, 1.0935/40, 1.0970, 1.1000/10, 1.1050 /60, 1.1100/20.
After 10 years may experience five - six currency unions, which would comprise the majority of countries. This was at a lecture at the International University in Moscow, said Assistant to the President of Russia on Economic Affairs Arkady Dvorkovich. Most countries will be united in 5-6 Monetary Union and will not be such a large number of national currencies - he said. According to him, talk about a currency union are in the South-East Asia, and Latin America and the Middle East. However, monetary union should be established under certain conditions and with the support of the demand in these currencies. It is now possible emergence of new reserve currencies, such as the liberalization of foreign exchange regime in this country and improve the conversion of the Chinese yuan.
Stock Market U.S. share platforms in the U.S. once again renewed the maximum levels this year amid expectations for profit companies, municipal, industrial and financial sectors, supporting them in overcoming the current market downturn. Paper Avery Dennison Corp. - The largest developer and manufacturer of fastening and marking of goods and Sealed Air Corp. - Manufacturer of packaging materials increased by almost 6% to the closing of the auctions after the recommendation to buy shares of companies from Bank of America Corp. Possible purchase of the Chinese sovereign wealth funds, part of the company AES Corp. also have a beneficial effect on the quotation of its shares. Russia's stock market on the eve of a decline in the first half of trading on the equity market and the closure of the green zone, in our view not yet give an unambiguous directions for further development of market trends. The reason for this is the configuration of Japanese candlesticks appeared under the title The Hanged Man on the daily chart of the MICEX Index. The main characteristic of this candle is a long lower shadow and short upper with a small-sized body most candles, the color is not essential. In this case, we believe it is especially important to wait for confirming the bearish signal, before which it is impossible to conclude that reversal of the market at the moment. However, it must be said that quite a significant price fluctuations suggest approaching a tipping point in the dynamics of the market. A good confirmation of the bearish nature will be a candle is black, the closing price is below the closing price on the day of appearance of hanging. European stock market European stock markets declined on the basis of trading on Monday, having failed to finish in positive territory seventh consecutive session, due to losses of the banking and energy sectors outweigh the gains of producers of food. Pan-European index of blue chip FTSEurofirst 300 dropped to 0.31 per cent to 990.83 points on Friday after reaching a maximum of 11 months. Among the major losers Monday was the banking sector. Quotes BNP Paribas, Deutsche Bank and Societe Generale dipped 1,1-2,4 percent. Loss of energy due to the retreat in oil prices to the level of $ 68 per barrel. Quotes BG Group, Royal Dutch Shell and Tullow Oil fell by 0,9-2,3 percent. FTSE-100 7.38 0.15% DAX -3.78 -0.07% CAC40 -4.28 -0.11% Asian stock market Major Asian markets rose during today's trading on the background of support from companies associated with the mineral resources. LG Chem Ltd. - South Korea's largest chemical company, rose togas in Seoul against the backdrop of speculation about the possible beginning of sales of batteries for Volkswagen AG. Rio Tinto Group - the third-largest mining company in the world rose by 1,6% after the agreement on the sale of its units for the production of cables. Yen loses previously occupied the position of the dollar against the backdrop of small changes in commodity markets. NIKKEI 225 15.56 0.15% HANG SENG INDEX 29.79 0.14% SHANGHAI SE A SHARE INDX 7.28 0.23% SHANGHAI SE B SHARE INDX 1.27 0.62% KOSPI INDEX 18.49 1.13% log in and see the material;; 3; user rated material at 3. Analyst Ratings
      15.09.09 12:43 ;  Russia's share platforms have begun trading today different direction. The RTS index fell by 0.03% to 1193.86 points, MICEX added 0.712% to a level of 1183.32 points. Russia's ambiguous opening exchanges contributed to mixed external background. Oil prices continue to adjust downward, U.S. and Asian indices closed a slight increase. Trades in Europe opened different direction. The FTSE fell by 0,011% to 5018.3 points, DAX index fell 0.15% to 5,611.70 points, the CAC 40 index was 3738.66 points (0.216%). Futures on the SP lost 0,259% and is at the level of 1040.8 points. In general, the positive dynamics of the European sites helped Russia's indices get a small advantage. By 12.40 Moscow time the MICEX index rose by 1,362% and amounts to 1190.95 points, the RTS index rose by 0.74% to 1203.05 points. Trading volume on the MICEX exchange is $ 1 828.60 million In the growth leader at the moment shares automakers. Quotes KAMAZ, which rose 8.18%, paper AvtoVAZ added 3.553%. Yesterday, the president of JSC AvtoVAZ Igor Komarov signed decrees on the abolition of part-time working week and to optimize the number of heads that will positively affect the overall performance efficiency of the collective, and as a consequence of further growth of quotations - commented Alex Smyvin, portfolio manager of IK FINAM. growth demonstrate Paper Sistema (3.353%) on reports that over the weekend, Prime Minister of Russia Vladimir Putin has approved the scheme of sharing of telecommunications assets between the state and holding. Information on the approval of Vladimir Putin exchange schemes telecommunication assets may become a pretext for another surge of interest in the shares of subsidiaries of Svyazinvest, securities Comstar and Sistema. However, new aspects in the scheme of the exchange does not appear: the exact timing and conditions are subject to negotiation.
Dynamics dollar closed again with decreasing. At the same time EUR /USD pair again went above the 1.4600 mark, the pair GBP /USD is trading around 1.6650 marks, after falling to 1.6520, and the pair USD /CHF came close to a mark 1.0300. Japanese yen lost some positions against other currencies. When the pair USD /JPY rebounded to a mark of 91.00, and the pair EUR /JPY reached the mark of 133.00. Commodity currencies strengthened slightly against the U.S. dollar. Thus, the pair AUD /USD back above 0.8600, the pair NZD /USD is trading around 0.7000, and the pair USD /CAD again fell to 1.0800. Causes The main driving factor in the markets remain risk appetite, which started to grow, which served as a signal of growth in stock indices on the New York session. Earlier in the markets there is concern about trade disputes between the U.S. and China, but later they weakened after China lodged a complaint with the WTO instead of imposing retaliatory sanctions. As a result, the U.S. dollar declined again, but only against the euro and the franc, he updated the local minimum. What to expect? Today, investor attention will be focused on the publication of a series of important macroeconomic data, can greatly affect the situation of exchange.
U.S. stock indices rose on the results of trading on Monday, SP 500 jumped to a maximum of 6 October 2008. The main rise was observed in the energy, industrial and financial sectors, reported Bloomberg. However, futures on Tuesday showing weak decline: the December contract on the Standard Poor s 500 to 8:41 down on 0,26% and the Dow Jones Industrial Average - at 0,18%. In the energy sector led the growth of AES Corp., as The Wall Street Journal reported that the Chinese state investment fund plans to buy a stake in the company. Course securities AES rose by 4,5%. sub-index of energy companies rose by 1,6%, its biggest rise among 10 industry indices SP 500. Share prices worldwide leader in the manufacture of labels and tags Avery Dennison Corp. risen by 6%. The cost of securities manufacturer of packaging materials Sealed Air Corp. increased by 5,8%. Analysts Bank of America Corp. improved recommendation on shares of both companies to buy. Experts believe Avery Dennison and Sealed Air companies' primary cycle, ie those on whom the economic recovery a positive impact in the first place. price securities Sprint Nextel Corp. soared to 10% on reports that the German Deutsche Telekom AG Deutsche Bank AG asked to explore the possibility of absorption of mobile business Sprint.
Yesterday marked the change of trend is remembered in the middle of the session. After a 2% nogol subsidence indexes at the beginning of the day, in the second half of trading shares regained nearly lost positions. MICEX Index has shown zero change, the RTS - has fallen only 0.2%. The worst stock market looked like Gazprom, Lukoil (-0.9%), better than the market - Surgutneftegaz (2.3%) and RusHydro (3.9%). Today, Russia's government is expected to consider an investment program for energy companies with state participation. Analysts believe that the discussion may bring both negative and positive surprises RusHydro, FSK, IDC and InterRAO. In addition to plans for capital expenditure may be debated as the transition FSK on tariff regulationbased on the RAB (regulatory asset base). FGC can benefit when the clarity on the tariffs will be introduced. It is possible that the meeting could be rescheduled for a later date. Regulated tariff for electricity, according to the media with reference to the government, could rise by 6-8%, against the previously approved 5%. The growth of the average tariff for the end user will not be above 7% (previously 6.2%). Shares KAMAZ and AvtoVAZ increased by 30 and 8%. Central Bank of Russia announced a reduction from 15 September the basic rate of 0,25 PP refinancing rate decreased to 10,5%. Significant impact on the situation on financial markets news will not. European indexes have decreased on average by 0,5%. Makrootchetnost eurozone was worse than expected: industrial production in July fell by 0.3%, analysts expected 0.2%. U.S. markets were more optimistic: the indices rose by 0,5 - 0,6%. Dynamics of the U.S. market reiterated Russia's scenario: most of the day the indices were in negative zone, but by the end of the day increased. The reason for the cautious attitude of players was China's intention to investigate the principles of export-import relations between the two countries, has also discouraged investment sentiment on the stock exchanges. Without the enthusiasm of investors embraced Barack Obama speech that focused on the call for financiers to assist in implementing reforms aimed at overcoming the crisis. Futures an U.S. index decreased by 0.3% by 9:40 Moscow time. Asian markets show growth in the weakening of the yen and the positive dynamics of the U.S. indices. However, the movement is not expressed and the session is likely to be completed near the closing levels on Monday. Oil prices falling, investors expect the data on the growth of oil reserves in the U.S. to 26-year high. Inventories in the U.S. is 13% higher than last year, while volumes of stockpiles of distillates - the maximum for the past 25 years. Futures WTI traded at levels of 68.7 per barrel. On Brent - 67,0 dollars /barrel. In addition to data on inflation and economic activity in the eurozone and the countries of the region, markets await data on PPI in August in the USA (0,8% m-k-m), retail sales in August (1,7% m-k -m), industrial stocks in July (-0.8%). All statistics published during trading on domestic exchanges. The mood in the markets mixed, the market may open as a green and red zone. In any case, the change in prices at the opening will not be significant. log in and see the material;; 3; user rated material at 3. Analyst Ratings