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Wednesday, June 10th, 2009
On Wednesday, February 11, Brazilian shares, on the basis of trading session have demonstrated falling the third day in succession on lowering the prices of Commodities. Sites added to the negative comments of analysts, according to which the profit for the second-largest producer of steel in the country would be under attack deceleration of sales.
Shares of state oil company Petroleo Brasileiro proseli to the minimum value of this week due to rollback of oil prices in check for 37 dollars a barrel. Click to continue »
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Wednesday, June 10th, 2009
Elena Kozhukhova, an analyst department of information and analysis of world markets IC "Finam".
On Thursday, 6 November, the stock markets in Europe against the backdrop head the European Central Bank Jean-Claude Trichet that the financial crisis could lead to prolonged economic recession, the second consecutive day auction concluded in the red.
did not help the markets recover even a significant reduction in key interest rates, the Bank of England and the ECB carried out today. Thus, the Bank of England rate was reduced by 1.5% to 3%, while the ECB rate has been reduced by 50 basis points to 3.25%.
index Dow Jones Stoxx 600 weakened by 5.58% and reached 215.41 points. Indicator Stoxx 50 "lost" at 5.66%, a key indicator of Eurozone Euro Stoxx 50 ubavil 6.19%.
German DAX fell by 6.84%, the French CAC-40 was the "easier" to 6,38%, while the British FTSE 100 index declined by 5.7%.
Paper sporting goods manufacturer Adidas collapsed at 10.42% to 26.40 euros after the publication of 3 quarter profit of 302 million euros ($ 399 million), while the expected rate of 320.5 million euros.
Shares in Europe's largest insurer Axa collapsed at 9.09% to 15.16 euros against a backdrop of declining revenue in the third quarter at 3.4% to 20.14 billion euros.
Quote manufacturer bags Hermes International fall to 5.83% to 95.48 euros. Revenue in the company's third quarter rose to 410.5 million euros, while analysts had expected rate of 410.8 million euros.
Papers British hedge fund manager Man Group completed the day with a setback at 31.87% to 264.25 pence after reporting on the fall semi-annual profits by 25% to $ 507 million that was due to record volatility of stock markets and the flow of funds .
Quote oil companies against the backdrop of another drop in oil prices of more than 6%, completed the day with less. For example, shares of Total cheaper at 5.57% to 40.37 euros, Royal Dutch Shell weakened by 6.99% to 1 650 pence.
Shares of the company that invests in private equity, 3i Group have been easier to 12.43% to 518 pence in the first 5 years of falling asset values and the statements of its head that in the second half of the company accounts for more heavier.
Paper companies in the mining sector due to weakening prices for raw materials and metals have also completed the bidding with less. Quote largest mining company in the world, BHP Billiton fell by 13.68% to 984 pence, its rival Anglo American fell by 14.64% to 1 329 pence.
the main index at the close are in the table:
| Index |
Country |
Closure (items) |
Change day (items) |
Daily Change (%) |
Change YTD |
| ATX |
Austria |
1991,32 |
-105,79 |
-5, 04% |
-55,88% |
| BEL20 Index |
Belgium |
2132,87 |
-66,56 |
-3,03% |
— 48,33% |
| FTSE 100 |
Britain |
4272,41 |
-258,32 |
-5,70% |
-32,87% |
| DAX Index |
Germany |
4813,57 |
-353,30 |
-6,84% |
-40,33% |
| IBEX 35 INDEX |
Spain |
9133,90 |
-610,80 |
-6,27% |
-39,84% |
| MILAN MIB30 |
Italy |
22182,00 |
-1214 |
-5,19% |
-42,95% |
| AEX |
Netherlands |
260,61 |
-18,83 |
-6,74% |
-49,47% |
| OMX Nordic 40 |
Scandinavia |
690,37 |
-50, 93 |
-6,87% |
-45,42% |
| CAC 40 |
France |
3387,25 |
-230,86 |
-6,38% |
-39,67% |
| SMI |
Switzerland |
5924,90 |
-252,25 |
-4,08% |
-30,17% |
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Wednesday, June 10th, 2009
At last week's security issues at the time replaced the problem of the global economy. This was facilitated by a global security conference in Munich, launch into space the first satellite of Iran and the threat of North Korea to test intercontinental long-range missiles.
Held in the Bavarian capital in the conference this year, perhaps, was the most representative. In Munich brought together about 300 leading politicians, diplomats and military experts, heads of state attended by German Chancellor Angela Merkel, French President Nicolas Sarkozy, the United States was represented by Vice President Joe Biden. The agenda was the same: the Iranian nuclear dossier, the Middle East conflict, Afgh7784anistan, but the primary, according to observers, did a “get acquainted” with the Europeans, the new American administration and the definition of the vector of relations between the major Euro-Atlantic partners, after the difficult relations with the Cabinet Republicans. The main thrust of the speech is in the restoration of the partnership with Europe and a joint decision of the pressing problems: “In the exchange of ideas and matchmaking Americans and Europeans are still, first and foremost, look at each other, and only after all the rest. Our partnership beneficial for us all, it's time to update it. ”
Other topics touched upon the vice president is steamlining. Biden on Iran once again declared the inadmissibility of the further development of nuclear program, but noted that Washington is now reviewing its position on this issue and is ready for a constructive discussion. Observers note that the White House, has repeatedly stated that all military forces will be left is to resolve the situation in Afghanistan, could be interested in normalizing relations with Tehran. In this the key to stabilizing the situation in Iraq, to diversify energy supplies to Europe and reducing Europe's dependence on Russia, and possibly contribute to the stabilization of Afghanistan and the defeat of the Taliban, Sunni radicals, with which the Shia regime of Iran's long-standing feud. However, the possibility of “detente” between the U.S. and Iran is still very small. A great role is played by the Israeli factor, and Iran's support of radical groups in the Middle East, and, of course, a firm refusal to give up Iran's “nuclear program.” Most likely, the Iranian issue will receive a new impetus after the presidential elections in Iran, which will be held in June 2009.
Discussion of the situation around Afghanistan has become, according to observers, one of the “mini-sensation” in Munich. Biden, in his speech, in fact, did not say anything new, just once again highlighted the importance of close cooperation with Pakistan and providing comprehensive care to address the problem of Afghanistan. Suffice unexpected was the reaction of European and American leaders to address by the President of Afghanistan Hamid Karzai. In his view, the only way for the further development of Afghanistan is the conclusion of peace with some members of the Taliban, is not linked to terrorist activities. However, unlike previous international meetings in Munich instead of the usual words of support Karzai heard a lot of criticism against his administration, as well as allegations of mismanagement of funds allocated to the stabilization of the situation in Afghanistan. If we add here made the statement shortly before the Munich Barak Obama that Afghanistan - a country of drugs, we can assume that the official Kabul might lose support from the Americans.
 Surprisingly little attention was paid to North Korea despite Pyongyang's persistent attempts to attract the attention of the international community, then break all agreements with Seoul, the demonstrative preparations to launch intercontinental missiles. Perhaps Pyongyang's attempt to once again resort to the tactics of blackmail to obtain economic and political dividends until (or more) do not bring fruit.
Other events last week, political:
| in the world. |
In Europe, a conference on global security. |
| the Middle East. Iran |
Iran launched the first satellite into space. According to Tehran, the satellite has been established for scientific purposes. |
| Europe. Iceland |
In Iceland, a new left-centrist government, which is headed by the Minister for Social Policy Johanna Sigurdardottir. The new government will work until early elections on 25 April. |
| Africa |
Libyan leader Muammar Gaddafi was elected head of the African Union, which unites 50 African States. |
next week is expected to:
| in the world |
In Rome a summit of finance ministers of Group of Eight. |
| Europe |
in Brussels will be a meeting of Finance Ministers of 27 EU countries. |
| the Middle East. Israel |
Israel will hold elections to the Knesset. |
| USA |
Finance Minister Timothy Geytner submit a new plan in the Senate on toxic assets. February 11, the Senate held a decisive vote on a plan to stimulate economy approach of the allocation of 800 billion USD |
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