Correction? How long? The reason for the preponderance of sales in the United States, which as always in recent times is equal to the rest of the world, served by several factors. First, the statistics on the value of production of inflation, pointing to the weakness in industrial production. Secondly, the correction in oil, which was recently the first time in the past year reached the price close to $ 80 per barrel. It should be noted that the previous few trading days of the resurfacing took place from November futures, which ended trading yesterday, the existing futures contracts, which led to smearing of the picture assessment of the price of oil market participants. In the coming days we will see whether the market is ready to support the current quotations of oil contracts. Thirdly, several companies disappointed investors edema. Corporation, submitted a weak records, in particular, Boing and Coca-Cola just turned out to be leaders in reducing, well, and the leaders of growth, respectively, those who reported good, for example, Apple and Caterpillar.
The Dow Jones as a whole - minus 0,5%, SP - minus 0.62% (in the black only the technology sector), Nasdaq - minus 0.6%.
pan-European index Dow Jones Euro Stoxx in the first half of the day was growing up, growth reached 1,3%, but at 16:30, Moscow time, when the Americans come to work, he moved in the opposite direction. At the end of the day decline was 0.76%.
Russia market except in investor sentiment in the United States focused on oil, which, in turn, becomes more expensive or cheaper depending on changes in the dollar. So yesterday, the dollar strengthened against the euro, which impacted both the oil and on Russia's MICEX ruble index (minus 0,26% on its day). Tenders have been very volatile, the index pierced 4 times the level of the previous close and back, but the fifth time already failed.
Around this same time came news of the decision of the Board of Directors of Svyazinvest's restructuring, which will be held on the basis of Rostelecom. Shares of the company, which grew a few days before and the morning of Tuesday, after the announcement of the decision of the board of directors abruptly went down, were among the leaders of the reduction and confirmed the classic adage: buy on expectations, sell on fact.
Quotes depositary receipts for shares of Russian companies in the United States are exposed to levels slightly above the local market. Bidding is to premarkete indicate a decrease in the opening of bidding for all blue chips. Increasing the dollar to the euro, cheaper oil futures traded below $ 79 per barrel, indicating a continued correction.
important events in the U.S. is worth noting the publication of the report before the Fed's regional banks, but it will happen after the close of trading on Russia's market - at 22:00 Moscow time.
| log in and see the material;;
2; user rated material on 4,5. |
|
Quotes of the majority of the most liquid shares on the MICEX decline, many blue chips up against a strong resistance levels
Most interesting are now undervalued securities of the electricity and telecommunications sectors
Thereafter the market Russia can expect new attempts to take a more aggressive downward correction
First correction lacks meaningful information occasion
Between a strong bottom-up approach today's session is not expected to play a fall is a great risk
Review of the FOREX market for 20.10.09
The U.S. currency during the trading day Tuesday was able to strengthen against the major competitors in the forex
Indices of the Old World have demonstrated extremely volatile trading session
Denmark allowed the construction of the Nord Stream pipeline on its territory