Market United States

Trades in the United States July 2, also closed down reduction in the stock indices. Macroeconomic data on the number of employees outside the U.S. agricultural sector and industrial orders, published today, had a strong pressure on investors.

At the end of the trading index of blue chips Dow Jones Industrial Average fell by 222.87 point, or 2.6%, to 8281 points. The index of wide market SP 500 closed at a decline of paragraph 26.91, or 2.9%, at around 896.42 points.

In the past week, the index Dow Jones Industrial Average fell 1.8%, the index of a broad market for the SP 500 fell 2.4%, and high-tech Nasdaq Composite declined by 2.3%.

The report on the labor market for the month of June in the U.S. went fairly bleak. Unemployment was 9.5%, the number of employees decreased by 467 thousand, expected 360-380. Expected that unemployment will rise more dramatically, but in the U.S. has been increased to 358 thousand number of people outside the labor force, so that only 9.5%. But this is not the limit, because the problem is increasing. The new minimum issued on weekly working hours, which was only 33.0 hours, the lowest value since the beginning of the counting rate in 1964. Worse was the situation with the average wage in March it had not increased, but annual growth slowed to 2.7%. In principle, all this signals the so-called hidden unemployment, which reduces the number of working hours, but not dismissed. As expected, and cost, the optimism is justified.

Regarding the volume of industrial orders in the United States in May, the figure rose by 1.2% due to an increase in orders for vehicles. Meanwhile, economists on average predicted growth rate at 1.3%.

Trades on Thursday ended 15 minutes later than usual, due to technical failures on the NYSE. In Friday trading in the United States will not in connection with the celebration of Independence Day.

Oil

The price of oil fell by almost 4% because of fears for prospects of economic recovery, vyznannyh negative data on employment in the United States. As a result of trades on NYMEX August futures for the supply of oil mark WTI fell by 3.7% to $ 66.73 a barrel. Last week, oil dropped in price by 3,5%.

Asia

Stock Indexes Asia Today show negative dynamics. Japanese Nikkei, falling more than 1%, the index of wide market Topix at 1.3%. Korean Kospi traded at zero. Chinese CSI 300 INDEX adds more than 0.5%. On the mood of investors affected by the outcome of trades in the U.S., which culminated in a significant fall in stock indices.

Strengthening of the Japanese yen continues to strengthen the negative in the Asian markets. Now Japanese currency strengthened against the U.S. dollar and traded at a level of 95.74 - 95.78.

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