U.S. indexes were able to grow appreciably in the course of yesterday's auction. The Dow rose 1.18% to 9,599.75 p., index SP - on 1,49% to 1,040.46 p. One of the key factors contributing to demand the return of risky assets after a prolonged correction, was beginning a strong statistics as services in the United States. Index of ISM non-manufacturing after 11 months of decline, finally, entrenched at the level above 50 subsection (subsection 50.9), thus indicating the beginning of the recovery in the service sector of the United States, responsible for more than half of U.S. GDP.
In addition, demand has begun to return and bank paper: by raising the recommendationsGoldman Sachs on the largest U.S. banks, the sector's leaders escaped to growth in the course of yesterday's trading (2.8%).
Finally, commodity prices continued to slowly but surely go up, thus spurring the growth stocks of mining companies (2.6% at the auction in the U.S.).
Asian indices picked up the American baton of growth and also added about 1% (index MSCI Asia Pacific). Signs of expansion in the service sector of the United States was the reason for buying shares of exporters. In favor of the auto industry has played a publication reporting Mazda, according to which the company's profits fell less significantly than expected forecasts. Quite unexpected was the decision of the Australian Central Bank to raise rates by 0,25 percentage points, which cut short the growth of the Australian site (0,4%), which could prove more significant, given the growth of commodity assets.
Today in the afternoon, one of the limiting factors for growth of stock markets could be the deployment of three-year U.S. Treasury bond amount of $ 39 billion, which could divert part of the capital stock sites.
Dynamics of Russia's market will continue to depend on oil prices Moscow uses political arguments and kicking corporate war …
Review of the FOREX market for 05.10.09
Industrial metals in the auction in London a little grown up, gold rose above $ 1000
AMC wants to use force
Verkhovna Rada adopted in first reading a bill to raise sotsstandartov
More than 100 workers at Ford in Russia, disagreed with the transition to 4-day week, may be dismissed
Without the heat in his voice
Lukoil crushes rivals Kremlin
Dollar cheaper against the euro and the yen on reports of plans to replace the dollar with the payment for oil