July 7th, 2009

...now browsing by day

 

The crisis took the leadership in Moscow in the list of most expensive cities in the world

Tuesday, July 7th, 2009

Moscow ceased to be the most expensive cities in the world. After a 3-year leadership of the Russian capital has given way to two Japanese cities - Tokyo (1 st place) and Osaka (2-e), which now, according to an annual rating of American consulting firm Mercer Human Resource Consulting, found the most expensive to live. Moscow itself is now in 3 rd place.

Then in the top ten followed by Geneva (4 th) and Hong Kong (5th), followed by Zurich, Copenhagen, New York, Beijing, Singapore.

top five most expensive cities in the world by region

North. and South. America Asia-Pacific region Europe Bl. East and Africa
New York, 8mesto, 100 p. Tokyo, 1 seat, section 143.7 Moscow, 3 place, section 115.4 Tel Aviv, 17, Clause 91.9
Caracas, 15 seats, 93.3 Point Osaka, 2 place P. 119.2 Geneva, 4 place, section 109.2 Dubai, 20 th place, Clause 90.1
Los Angeles, 23 seat, section 87.6 Hong Kong, 5 seats, 108.7 p. Zurich, 6 seat, section 105.2 Abu Dhabi, 26 seats, 86.7 p.
White Plains, 31 seat, section 84.7 Beijing, 9 place, section 99.6 Copenhagen, 7 seats, 105.0 p. Douala, 27 seats, 86.1 p.
San Francisco, 34 seat, section 82.5 Singapore, 10 seats, 98.0 p. Milan, 11 seats, 96.9 p. Lagos, 32 seat, section 84.6
the lowest rating among the cities in the region, included a list of 50 most expensive cities in the world, from Chicago, 50, Clause 80.7 the lowest rating among the cities in the region, included a list of 50 most expensive cities in the world, from Guangzhou, 23 seat, section 87.6 the lowest rating among the cities in the region, included a list of 50 the most expensive cities in the world, from Berlin, 49 seats, 80.8 p. the lowest rating among the cities in the region, included a list of 50 most expensive cities in the world, from Beirut, 41 places, 81.6 p.

In its analysis, the company used New York as a starting point, assigning him to the base index (100 points). The rest of the city compared to New York, but the prices in national currencies are translated into U.S. dollars. Under such a system for counting, the cheapest city in the world was Johannesburg (Yuzh. Africa), who removed the capital of Paraguay, Asunción, is listed in the rating of the most affordable cities in the world the last 6 years. Cost of living index in Johannesburg at paragraph 49.6, while in Tokyo it is almost 3 times higher - 143.7 points. The very same New York has shifted from last year's 22 th place to 8 th.

Click to continue »

Uncertainty further vector facilitates the trading of domestic output in the cache

Tuesday, July 7th, 2009

Already in the morning bulls captured the market. At neutral external background opened in the Green Zone, which was connected with a technical rebound after the sales the day before. During the session came to a rather contradictory signals. Futures on the indexes United States after declining in early trading day, not only came in plus, but also to match the psychologically important level of 900 points. But to break it up in the absence of the drivers of growth have not succeeded. Futures oil brand Brent traded in positive zone, supporting the purchase of the domestic market. Then the positive help and published statistics on the orders of the manufacturing sector of Germany, appeared better forecasts. Statdannye contributed to the weakening U.S. dollar, which has supported oil futures. However, commodity platforms today also plagued by speculators, which is reflected in the dynamics of futures for oil brands WTI. Participants in thecommodity market carefully plants in minus the tool, but the bear mood did not receive support from outside.

Opening tomorrow seems uncertain due to the existing external background. Wants to grow with the world's stock markets do not (opening the market turned mixed in the States), the precarious levels contributes to the closure of the current position. MICEX Index consolidated near the critical level of 935 points. Potential downward path remains fairly high, so I recommend to close the position. At the sites of American sentiment will be determined by corporate news, because statdannye on the U.S. economy today is not published. At the world's stock pads still dominated by bear mood, which may occur during the current session of the U.S. market. Closing a position will facilitate the dynamics and uncertainty in oil futures. Poor response to statistics released today also showed higher risks.

session tomorrow promises to be more interesting, because the summit G8. From the summit may come some positive news, in addition, leaders can make statements that encourage upward movement in world stock markets. Tomorrow, a publication of the final data for GDP for the euro area I quarter. The rate will affect how the stock markets, as well as the foreign exchange market, the adjustment of trends that will affect the dynamics of the value of black gold.

Most blue chips traded in a restrained black. Better the market shares of VTB looks to retain a psychologically significant level of 3.5 kopecks. The positive trend is largely connected with the increase in the authorized capital of the bank. However, in my opinion, is better off today to withdraw from the bank's securities. Keen interest in the shares of the banking sector is expected in the publication of records of financial institutions, which are likely to be painted predominantly positive in tone.

Shares of Gazprom towards the end of the session of the adjusted daily max. Resistance levels for the securities was the mark of 150 rub. In the course correction of the action once again gone to the level of support for EUR 145. Near the paper which closed the previous day. The retention of the level-up session will be a positive signal. The immediate objective will be re-level 150 rub. Do not forget the outstanding gepe which arose at the opening day. When a driver of growth stocks turned to the level of 155 rubles.

Authorize and appreciate the story;;

3 users rated material at 3,7.


Analyst Ratings

Click to continue »

Experts: Most of the developing countries of Europe will be the lowest point of recession, the economy in 2009

Tuesday, July 7th, 2009

Most developing countries of Europe will be the lowest point of recession, the economy this year, but express recovery should not wait until early 2011, reported Bloomberg, citing a forecast for the Austrian Institute of Economic Wifo.

Economic growth in all European emerging markets, except the three Baltic countries, to restore by 2011, the GDP of most countries in this group demonstrate a positive trend in the next year, said the study Wifo.

In most countries, as described in this paper, a reduction in GDP will be completed in the second half of 2009 - note the economists Wifo.

Poland may become the only emerging market in Europe, where in 2009 there will be no reduction of GDP. The Polish economy is expected Wifo, will grow by 0.8% in 2009, 1.5% in 2010 and 3% in 2011. Click to continue »

G8 will not discuss the role of the dollar as the reserve currency at a meeting in Italy

Tuesday, July 7th, 2009

Chapters of the Group of Eight (G8) at its meeting in Italy, which will be held July 8, would not discuss the role of the dollar as reserve currency, said Assistant to the President of the Russian Federation Arkady Dvorkovich at a press conference in Moscow.

I think that the question of the dollar or any other specific reserve currency will not be discussed, but the question of stability in the overall functioning of the international monetary or financial system will be discussed, - he said.

According to him, Russia and China have stated the need for evolution, the smooth development of the international financial system, which will be linked with the emergence of several new regional reserve currencies, but in the long run, may have an international character. While these rates slightly, and, in our opinion, not enough - said A. Dvorkovich.

At the same time he stressed that Russia has no aspirations to replace the dollar as world reserve currency. There are no plans, and it would be naive to think that under the current structure of the global economy, - said Assistant to the President of the Russian Federation.

He believes that the financial stability of the world depends on the coordinated action of many countries and whether there will be strong new financial centers, which will, inter alia, issuers of reserve currencies. Click to continue »

Priority decline in the market of major base metals

Tuesday, July 7th, 2009

After a day off and a negative opening - closing mixed major U.S. indexes (DJI - 0.53%, NASDAQ - minus 0.51%, S P500 - 0.26%). The decline in world oil prices have put pressure on shares of the energy sector. The index of the largest oil companies fell as a result of trades at 1.49% after a significant reduction in the beginning of the session. Mixed dynamics - shares in banks. At the end of the day, shares of Citigroup fell by 3.13%, shares of Bank of America - at 3.88%, JPMorgan shares rose by 1.02% leader of trades - stocks AmericanExpress (plus 5.6%) after increasing the rating to hold one of the brokerage houses. Negative, morning, the dynamics of futures for the major U.S. indexes. The absence of meaningful statistics. Even after today's closing session, the basic financial statements of Alcoa will open the season of corporate reporting companies over the past quarter. At yesterday's auction is on a background of declining global prices for base metals stocks leading the company to reduce the (negative 6.09%).

Against the backdrop of yesterday's negative momentum in the commodity areas, the decline - in the stock markets of Latin America (Mexico - minus 1.26%, Brazil - minus 0.61%, Argentina - minus 1.61%), but a mixed trend as the morning's modest recovery in world prices Oil and base metals - in Asia (Japan - minus 0.34%, Korea - 0.38%, China - minus 0.68%, Taiwan - 0.9%). Click to continue »

Recommendations for VTB shares, futures on the RTS index

Tuesday, July 7th, 2009

Campaigns

Partial (open at the levels of SP 900 Index 500) to record gains on short positions in index ETF in the U.S. (SPY) and the indices of developed countries (Europe (VGK), Japan (EWJ)) while lowering the SP 500 index up to 880-885 points.

Keep long positions in the ETF for U.S. financial sector (XLF, KRE, KBE) with the immediate goal of $ 12.60 and the stop-loss on the mark in 11.10 for the XLF.

Keep short positions in developing countries ETF (EEM, EWZ, EWY) with the immediate goal of $ 29.8 for the EEM.

increase long positions in ordinary shares of VTB Bank (VTBR RX) at lower quotes to 0.0340 USD. with the immediate objective of 0.0373 rub.

Partial (1 /3 of the remaining positions) to record gains on short positions in the September futures on the RTS index (VEU9) while lowering the quotations to 870-880 points.

Raw

Keep short position in the August crude oil futures on class WTI (CLQ9) with the immediate goal of $ 62.00 and the stop-loss at the point of $ 66.50.

yesterday tokeep an open long positions in the August futures for natural gas (NGQ9) with the immediate goal of $ 3.80 and the stop-loss at the point of $ 3.15.

Authorize and appreciate the story;;

Your grade will be the first!


Analyst Ratings

Click to continue »

A chance of re-testing position 880 points on the MICEX index

Tuesday, July 7th, 2009

Russia

A small recovery of the U.S. stock market occurred in the more speculative expectations of improvement in global credit markets, with the support of the statistics on business activity in the service sector in June. Goldman Sachs Group Inc., JPMorgan Chase Co. and Bank of New York have helped to restore the previously lost ground in the financial sector index 500 SP blocking the previous fall to 1.3%, while Moody's Investors Service is considering the possibility of improving the credit rating of Brazil. Positive recommendation for shares of American Express Co. on the part of Stifel Nicolaus since. immediate impact on the shares, adding to the closure of 5.3%.

The Russian market has experienced yet another test of strength before, it is likely able to maintain levels of closure in the morning, taking into account the small support of the oil market and U.S. stock pads. However, to restore the previous position in today's auction, one can hardly say with full confidence, taking into account the high probability of achieving the 900p mark. MICEX index, taking into account the steadily downward direction oscillator Stochastic. At the same time kept the likelihood of re-testing position 880p. After which pereprodannost for a week and day scale opens the possibility of positions with the stop-loss in the region of 850-860p. MICEX index.

Europe

European stock markets fell on Monday due to the fall of the financial, petrochemical and commodity sectors in the background enhance the investors' fears about the global economy.Pan-European index of blue chip FTSEurofirst 300 fell 1.04 percent to 833.77 points - the lowest point since 23 June. In the ENI oil and gas stocks cheaper to 2.7 percent, BP - at 2.6 percent, Royal Dutch Shell - to 2.1 per cent against the backdrop of falling oil prices, dropped below $ 65 a barrel. The index of mining company Rio Tinto prosel at 7.0 percent, steel ArcelorMittal - at 4.7 percent. Quotations Deutsche Bank declined by 3.2 percent, UniCredit - at 2.9 percent, Royal Bank of Scotland - at 2.9 percent. However, European stock markets may open growth on Tuesday, due to the fact that price increases for oil and metals are likely to support shares of commodity companies.


FT-SE 100 -41.37 -0.98%
DAX -56.39 -1.20%
CAC40 -37.35 -1.20%

Asia

Asian markets declined in today's bidding against the backdrop of adverse market dynamics of oil and metals, blocking the thus shares the previous achievements of technology and utility companies. Rio Tinto Group Ltd. and Mitsui Co.poteryali more than 2% at the auction. Tokyo Electric Power Co .- largest utility company in the Asian region rose 1.2% against a background of positive from lower oil prices would positively affect the company's costs. Samsung Electronics Co .- grew by 2.4% following the recommendations of BNP Paribas to purchase shares in companies.


NIKKEI 225 -33.08 -0.34%
HANG SENG INDEX -32.95 -0.18%
SHANGHAI SE A SHARE INDX -36.98 -1.13%
SHANGHAI SE B SHARE INDX -2.09 -1.05%
KOSPI INDEX 5.26 0.37%

United States

U.S. stock market closed on Monday raznonapravleno following the collapse of oil prices, which impact negatively on the actions of the energy sector, and in connection with the uncertainty of investors in early recovery. Oil prices fell to a minimum of 5 weeks of significance - below $ 64 a barrel, as investors are pessimistic with regard to the prospects for economic development after last week's poor data on unemployment in the United States. According to published on Thursday, the number of employees in the U.S. economy without taking into account the agricultural sector in June fell by 467,000, while analysts had expected decline in 363.000. The unemployment rate rose to 9.5 percent. While consumers benefit low oil prices, increasing cost of raw material is usually an indicator of economic stabilization. The attention of market participants is also riveted to the corporate reporting period started, which will open this week, Alcoa.


DJIA 44.13 0.53%
SP 500 2.30 0.26%
NASDAQ COMPOSITE INDEX -9.12 -0.51%
NASDAQ 100 -5.27 -0.36 %

Closing bid for ADR GDR in the western areas was positive.

Gazprom 1,37%
Rosneft 0,18%
Surgutneftegas -1,06%
MMC Norilsk Nickel 2,12%
Rostelekom 1,90%
Gazpromneft 3,01%

Authorize and appreciate the story;;

2 users rated material at 2.


Analyst Ratings

Click to continue »

Kommersant: Kiev denied water procedures

Tuesday, July 7th, 2009

deputy head of public utilities Igor of Kiev City State Administration Cobán stated that it was impossible to carry out the task of urban development and reconstruction of water management for 2004-2010.

To finance the program allocated UAH 1.9 billion, but to date, and is only 12.5% works, - said Mr. Cobán. According to him, the disruption of water supply due to the failure of the program Kiev did not threaten. The system actually electrically connected, and if a station goes out of order, during the day a house can be switched to another station, - explained the official.

However, forecasts of OAO Kievvodokanal not so optimistic. The emergency state is 80% of the city water supply networks. We are locating the accident, and five meters, breaks the same tube, which had to be shifted a few years ago - said the Deputy Chairman of the Board of Kievvodokanala Sergei Pavlenko. According to him, the preservation of the situation facing the growing number of accidents, interruptions in water supply and a complete failure of a number of sites running water, so water will be disconnected from the ultimate consumers.

situation, according to representatives of JSC Kievvodokanal, compounded by the fact that it is in emergency state and the central city collector. If a burst water pipe, the water just goes on rainwater catchment, but the breakthrough will mean to the collector of Kiev ecological catastrophe, - said the Deputy Director for sewage OAO Kievvodokanal Nikolai Sour. According to him, with the right bank of the Dnieper to the left is the only pipe collector, the status of which is unknown. Click to continue »

Season of quarterly reports to the United States reduces the willingness to risk players

Tuesday, July 7th, 2009

International Monetary market continues to focus on the dynamics of stock markets, where during the trading day Monday reigned largely pessimistic mood. Investors are once again preferred to go to secure the assets associated with them and with the dollar-denominated securities in its treasury. In particular, it reduces the willingness of players to risk opening this week season of quarterly reports to the United States. Market participants fear a sharp reduction in profits from the key companies in the U.S. market that can significantly drop the price of securities of reporting companies. Thus, according to some projections, on the basis of II quarter earnings organizations participating in a broad index of SP 500 may be reduced by one third compared with the outcome of the first three months of 2009

inhibits activity in the Forex, and coming in this week's summit of G8. Although not officially announced, but many players are afraid that the currency issue may well be affected by participants. Click to continue »

After yesterday's sales on many liquid rosssiyskim shares the positive correction

Tuesday, July 7th, 2009

On Monday against the backdrop of falling oil prices and negative dynamics of world markets on the Russian stock market witnessed sales across the spectrum of liquid securities: RTS (-3.03%), MICEX (-5.02%).

Shares of oil companies desheveli after falling oil prices: Gazprom (-6,6%), Rosneft (-3,6%), Lukoil (-4.4%). Papers of domestic banks desheveli under market trends: Sberbank (-4.0%), VTB (-5,2%). Shares of steel companies look slightly worse than the market: NLMK (-7.2%), Severstal (-7.2%), MMK (-3.9%).

In Monday trading on the American stock market have opened decrease against the background of falling oil prices, but the published index of business optimism has better expectations that support the stock market indicators, whichas a result of trades are not recorded significant changes. In Asian markets today, there has been a mixed trend, desheveyut shares of commodity companies. Oil prices fall after a few days now demonstrate growth. Prices barrel of oil brand Brent climbed above $ 64.5.

According to our estimates, this morning's positive background for the Russian stock market. After yesterday's sales of many illiquid stocks can be a positive correction. In the first instance, can demonstrate the growth of shares of oil companies against the background of positive trends in oil prices. From the statistics today, we can draw attention to the industrial production of Great Britain in May.


Видеоверсия comment

Authorize and appreciate the story;;

5 users rated material at 4,8.


Analyst Ratings

Click to continue »