Friday, March 12, 2010

‘Scenario and forecasts’ News

People and companies

Monday, March 1, 2010 8:11

 Prime Minister Vladimir Putin approved the composition of the new governmental commission on economic development and integration . Vice-chairman of the commission, headed by first deputy prime minister Igor Shuvalov, was appointed first deputy prime minister Viktor Zubkov. He is the head of the subcommittee on customs-tariff and nontariff regulation, protective measures in foreign trade. The commission also included the head of the Ministry of Regional Development Viktor Basargin, Director, Department of Economics and Finance, Government Minister Andrei Belousov, Minister of Health and Social Development Tatyana Golikova, Deputy Prime Minister - Head of Finance Minister Alexei Kudrin, the head of the Ministry of Economic Development and Trade Elvira Nabiullina, Deputy Prime Minister - Head Government Staff Sergei Sabyanin, Minister of Education and Science Andrei Fursenko, head Minpromtorg Viktor Khristenko, as well as the Rector of the Academy of National Economy Vladimir Mau.

The Ukrainian stock market on Wednesday remained “bullish” sentiment on domestic demand

Thursday, February 25, 2010 6:14

Ukrainian stock market on Wednesday continued its growth in the high activity of domestic investors: the outcome of the day index of "Ukrainian Stock Exchange, rose by 1,13% - to 1672.78 points, the PFTS index - by 0,6%, to 632.82 item. As the investment adviser IR Dragon Capital Vyacheslav Urluk, trades on the Ukrainian stock markets opened on a moderately negative external background: American indexes lower on the eve of the opening and most European and Russian platforms in the "red zone" contributed to making the most of the morning quotes liquid securities went below the closing on Tuesday. However, by mid trading session, bulls on domestic platforms seized the initiative and returned to the market in "green zone". As the analyst, the main growth indices Ukrainian sites took place, primarily due to increased interest of players to stock steel companies, securities of the banking sector and mechanical engineering. In addition, increased interest in the shares of the "second tier". All papers index basket on Wednesday closed in positive territory. As participants in the market, have fallen in price only paper "Ukrnafta (-1.44%), which adjusted the post of 25% rally Tuesday on news of the meeting of shareholders, has taken sever1000al important decisions, including the payment of dividends for 2006-2008 gg. However, it is estimated Urluk, the further direction of the Ukrainian stock market is still in question, and on Thursday the market is likely to be quite volatile. analyst at investment group "TASK" said Vyacheslav Ivanishin moderately negative vneshnyayu conjuncture during the trading session on the Ukrainian stock exchanges. Thus, data on the confidence of French consumers to the economy of the country in January were better than expected, but the markets have ignored them, European stock indices continued to trade in negative zone. Trading session on the U.S. stock markets opened with a moderate decrease. However Urluk predicts that mixed external background and fall of American indexes after U.S. statistics on new construction sites worse than forecast, perhaps, on Thursday will be offset by strong demand for some paper sector Mining, Engineering, and shares Ukrnafta in anticipation of the closure of the register of shareholders for dividends. In addition, he said, additional support for the markets on Thursday could have the results of the Fed meeting and subsequent comments.

Forex on the European session

Wednesday, February 24, 2010 16:29

index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) fell 22.57 points (-0.40%) and at the level of 5646.36. Index of the London Stock Exchange Futsi 100 (FTSE 100) fell 41.61 points (-0.79%) and at the level of 5235.24. Index of the Paris Stock Exchange, BTB 40 (CAC 40) dropped to 28.05 points (-0.74%) and at the level of 3778.99. The March futures on the index S & Pi 500 (SP 500) on Globex (Globex) has not changed and is 1087.2. Opening of the American stock indexes are now expected to close yesterday"s closing level. The euro /dollar remains stable within 1.4019-1.4094. Investors are awaiting the outcome of today"s meeting of the Open Market Committee"s U.S. Federal Reserve. Rate pound /dollar rose from 1.6106 to 1.6241 level. Support for the pound has had a demand for the British currency on the part of one major oil company. According to a survey of the British Confederation of Industrialists (CBI), the balance of total retail sales (Retail sales volume balance) for January in the UK amounted to -8% (the previous value of 13%). Consumer Price Index (CPI) of Saxony (Saxony) in Germany in January was -0.6% per month, 0.7% for the year (the previous value of 0.8% per month, 0.8% for the year).

Forex - Asia

Wednesday, February 24, 2010 0:18

index of the Tokyo Stock Exchange Nikkei (Nikkei) fell 73.20 points (-0.71%) and closed at 10252.08. Yield of 10-year Japanese government bonds is 1.305 (has fallen from the previous closing on 0.010). Index of the Hong Kong Stock Exchange Haeng Seng (Hang Seng) fell 76.26 points (-0.38%) and is located at 20033.07. Currency dollar /yen sank to the Asian session, with the level of 89.69 to 89.12. The euro /yen fell 100 points to a mark of 125.22, the minimum for the last nine months. The fall of quotations on the stock markets is putting pressure on risky instruments, thereby strengthening the yen. The euro /dollar established within 1.4026-1.4094. Rate pound /dollar is oscillating in the range of 1.6108-1.6158. Investors are awaiting the outcome of today"s meeting of the Open Market Committee"s U.S. Federal Reserve. Trade Balance (Trade balance) in a trillion.

U.S. index showed the greatest three-day decline since March, but rising futures

Friday, February 19, 2010 9:11

U.S. stock indices finished the auctions on Friday in a minus, by more than 2% and, as a result, showed the greatest three-day decline since March last year, reported Bloomberg. reason for this has been a drop in prices of shares of financial companies because of plans by Obama, but also because of disappointing investors, accounting Google. Nevertheless, quotations of futures on Jan. 25 showed positive dynamics: the March contracts for SP 500 was added 0,51% and the Dow Jones - 0,43%. U.S. president promised to restrict the business of financial corporations and reduce the possibility of investment. The American taxpayer will never again be hostage to the bank, which is too big to go bankrupt assured Obama. SP 500 Financials sub-index fell 3.3% on Friday following the decline in bank stock quotes, led by securities Bank of America Corp. (-3,7%), Morgan Stanley (-5,3%) and Goldman Sachs (-4,2%). SP 500 Financials two trading sessions fell by 6,1% - a substantial reduction not occurred since September last year. In addition, the impact on the sector have concerns that the current head of the Federal Reserve, Ben Bernanke will not be approved for a second term. Reassigning Bernanke, which seemed a done deal, suddenly appeared in doubt because of the failure of two senators to support his candidacy. Previously, another 15 senators1000expressed their opposition to his reappointment. According to The Wall Street Journal, currently 31 senators declared their support for the current leader of the American Central Bank, which many consider the savior of the U.S. from the repetition of the Great Depression. "Bernanke is seen by markets worldwide as a positive for the U.S. economy - and the uncertainty regarding his reassignment has increased sale of" shares of U.S.

U.S. indexes fell on Friday the 3rd consecutive day on weak corporate reporting

Wednesday, February 17, 2010 20:18

U.S. indexes declined in early trading on Friday, opening is the third straight session decline, reported Bloomberg. Output negative reporting Schlumberger and Google had affected investor sentiment. Google shares have fallen in price at the auctions in New York at 2.9% after the company reported that its earnings, excluding charges for partner sites, grew 13%, analysts expected the growth rate of 17%. Papers oilfield services company Schlumberger fell in price by 1,5%. The company said that its net profit within the next quarter decreased by 31% - up to $ 795 million that was worse than analysts" expectations. market value of Freeport-McMoRan Copper Gold fell by 2,4% on the message that analysts Goldman Sachs lowered the recommendation for the securities of the company to "neutral" from "sell." In addition, negative for the market was the message to analysts Goldman Sachs, declared that the tightening of credit policies in China could adversely affect the development of steel industry in the United States.

The stock market of Ukraine on Thursday continued correction in the external negative

Monday, February 15, 2010 19:18

Ukrainian stock market closed on Thursday, falling under the influence of negative external environment, as well as short-term profit-taking by speculators on domestic platforms: the index of "Ukrainian Stock Exchange, fell to 0,76% - to 1640.4, the PFTS index - on 0,28 %, to 629.23 points. According to the specialist sales KBC Securities Ukraine Bohdan Kochubey, today"s trading session opened in positive territory, the optimism of European and Russian markets, but soon the mood changed dealers. The greatest negative impact had fears that China will continue to implement restrictive monetary policy, which in turn will impact on the world markets. As noted analyst investment group "TASK" Vyacheslav Ivanishin, negative impact on the markets has also had an unexpected increase in the number of applications for unemployment benefits in the United States to the maximum level for two months. However, he said, some support index was a strong quarterly reporting Goldman Sachs, under which up to the fourth quarter of 2009 the bank received net income of $ 4.95 billion, or $ 8.2 per share, while analysts on average, predicted the figure at $ 5.18 per share. In addition, the local sites significant pressure on shares of energy companies had news that the Ministry of Coal Industry and the Ministry of Fuel and Energy will increase the base price of coal for generating companies to 10%. According Ivanishina, strong fundamental news is negative, since an increase in coal prices further complicate the financial condition of energy companies. Experts predict that this could have a significant impact on share prices of companies sector in the medium term. The leading stock exchanges of Ukraine also continued sale of shares in Ukrnafta after not held Jan. 20 auction, bringing the shares have lost interest for buyers. However, as reported by B. Kochubey, amid news of a possible introduction of additional benefits for manufacturers of aircraft (the law initiated by the president "Motor Sich" V.

European indexes fall more than 2% on Wednesday on fears tighter credit policies in China

Saturday, February 13, 2010 13:13

European stocks continued to fall Wednesday evening, reported Bloomberg. Rally in the pharmaceutical sector was unable to reverse the negative, caused by fears of collapse measures by China to stimulate economic growth. composite index of the largest companies in the region Dow Jones Stoxx 600 fell from the open market at 1%. Indices are reduced in all 18 countries of the region, except for Iceland. Premier Wen Jiabao said Tuesday that China will control the pace of credit growth in the country. The head of China"s banking regulator said that some banks were required to reduce the volume of lending. told the Chinese media, the government ordered the country"s largest banks to stop issuing new loans before the end of January. According to some reports, China"s banks since the beginning of this year has already provided loans of more than 1 trillion yuan ($ 160 billion). The market fears that it could adversely affect the growth of Chinese economy and demand for European goods. prices for metals, including copper, nickel, lead and tin, also dropped on Wednesday on fears China folding incentives, and therefore the fall and quotations of securities of mining companies. value of shares in Rio Tinto fell during trading on 4,1%, Xstrata - on 5,8%. Renault shares fell in price by 4,1%, UBS analysts lowered the recommendation for the securities of the company to "sell" from "neutral." Papers Daimler fell 2.4%. Papers Kesa Electricals, one of Europe"s largest electronics store chain, fell 3.6%. Proceeds company"s stores open at least a year ago, has declined over the period from 1 November to 8 January to 0,3%.

Markets in Asia fell on Wednesday on fears cease to stimulate the economy in China

Friday, February 12, 2010 7:08

Stock Indexes in Asia fell Wednesday, the third consecutive day as investors fear that the PRC government would cease to stimulate the economy of the country in order to prevent the formation of bubbles in asset markets, reports Bloomberg. Composite stock index MSCI Asia Pacific Asia Pacific lost 0.4% with the opening of trading, falling to 124.73 points. Chinese Shanghai Composite fell 1% after the Chinese regulators ordered the country"s largest banks to stop issuing new loans before the end of January. Hong Kong Hang Seng fell 1.3%. According to some estimates, China"s banks since the beginning of this year has already provided loans of more than 1 trillion yuan ($ 160 billion). Stock quotes China Construction Bank Corp. decreased by 2,7% at the auctions in Hong Kong. Price Securities Nomura Holdings Inc. fell 3.7% after Credit Suisse Group downgraded the shares of brokerage firms in general.

Forex Asia

Friday, February 12, 2010 4:28

index of the Tokyo Stock Exchange Nikkei (Nikkei) fell 27.38 points (-0.25%) and closed at 10737.52. Yield of 10-year Japanese government bonds is 1.330 (increased from the previous closing on 0.005). Index of the Hong Kong Stock Exchange Haeng Seng (Hang Seng) fell 499.07 points (-2.30%) and is located at 21178.91. The euro /dollar fell today to the level of 1.4165, a minimum of 19 August 2009. The negative impact on the euro against the dollar has a drop in the Australian, New Zealand dollar, gold, stock indices and lower oil prices. Euro continues to remain under pressure due to investors" anxiety about the situation with the budget deficit in Greece and Portugal. The fall of the euro /dollar strengthened trigger stop orders to sell the euro below 1.4250. closing long positions in more risky instruments associated with measures of China"s leadership, aimed at tightening monetary policy. The market has information on that China"s banks have been instructed to stop issuing loans to the end of this month. Pressure on the New Zealand dollar have also had lower rates of inflation in New Zealand. This week, investors" attention remains directed to the publication of financial statements of major American companies for the fourth quarter of 2009, in particular, banks Citigroup, Morgan Stanley, Bank of America, Goldman Sachs. These data could have a noticeable effect on the behavior of U.S. stock indices. index of business activity in the services sector1000(Tertiary activity index) in Japan for November -0.2% (forecast 0.0%, the previous value of 0.5%). industrial price index (PPI) in Germany in December -0.1% for the month, -5.2% for the year (forecast 0.2% per month, -5.2% for the year, the previous value of 0.1% for the month, -5.9% per year) .