U.S. markets open in the “plus”
Today, we expect a positive opening on U.S. markets. In the first minutes of trading the major indexes can add about 0.5%, after which the players will draw attention to statistics on an index of business activity in manufacturing (ISM Index, is expected to 55.2 points, the previous value of 55.9 points) in January, leaving at 18.00 MSK. to define further the dynamics of the markets. It should be noted that the players continue to ignore the statements of U.S. companies and are waiting for Paul Volcker”s speech in Congress, which will be held Zavriev.
traded on the American sites have opened growth of the major indexes, helped by data on U.S. GDP for the fourth quarter, which turned out better than expected. In the future markets have been supported by positive data on business activity index of Chicago and University of Michigan consumer sentiment, but it was not enough to continue growth. After the first hour of trading, during which the main indexes added about 1%, the markets faced a wave of sales. As a result, by the middle of the day indices returned to levels close Thursday, and at the end of trading left in negative territory. As a result, the indices Dow Jones and S P500 lost 0,53% and 0,98% respectively, the NASDAQ index fell 1.45%.
Today, the morning session, the index futures on S P500 showed restoration of quotations, but after the release of statistics on an index of personal spending, there has been a slight decrease, resulting in a 17.00 contract is trading at 1,075.5 points.
Meanwhile, Russia”s market returned to morning levels. By the current moment the MICEX index lost about 1%, dropping to a level of 1405.7 points. In leaders reduction Rosneft and Gazprom Neft, losing more than 2%. Better the market looks the regional telecom sector, the paper which demonstrate the growth of quotations. Itf1cshould be noted that bidding in the market place against a background of high volatility. Additional portion of “noise” comes on the market after the index of ISM. This statistics is likely to determine the dynamics of our sites at the closing.
| log in and see the material;;
1; user rated material at 3. |
Analyst Ratings |
The U.S. economy grew
Forex - in the European session
In the steel sector now dominated by selling on the background of reducing the cost of industrial metals
The market remained “bullish” idea: “Gazprom jumped inside the day up to 2.5% on the results of financial statements for the III quarter 2009
Now on the market, the weak position of Russia in securities NLMK, they look worse than their steel counterparts
In 2009 RusHydro sent 8.5 billion rubles in technical renovation and reconstruction of the generating facilities
In the 4 th quarter of 2009, Mechel cut coal production by 4% to 5.434 million tons
Net profit of Rosneft on US GAAP for 2009 decreased by 36% to $ 6.514 billion
Overview of the market of precious metals for 29.01.10