Oil futures mark WTI traded just below $ 68.5

Written by admin on July 28th, 2009

Europe

Old World Index grew by an average of 0.4% - Corporate reporting on the region was mixed, but the macroeconomic statistics somewhat encouraged by the investors, although it belonged to the Second-and third-order values. Still, look for any pitfalls and complex reasons for not, since such fluctuation is quite fit into the framework of the standard deviation.

America

indexes the New World increased by 0,1-0,3%, which, again, and change can not be plainly described. At the beginning of the trading platforms like the American pulled up in response to the positive statistics of the construction sector, but then corporate accountability ottyanula quotes back (so the index S P500 entire trading session held at the negative territory and went out into the plus just before closing). Notably, the analysts of American banks vying to increase their predictions about the prospects for each other and thereby promote good sector shares up (will be interested to see what this marketing campaign will end - I personally put on the return of the outstanding problems).

raw materials, currency, etc.

Industrial metals at auction in London are continuing their growth. If the approach to the evaluation of the commodity market in terms of asset inflation, it [the market] is the most accurate reflection of her. And in this regard would be useful to recall the bubble in the market of metals, sulky in 2005-2007, when the industry suddenly interested in the major players. Now I believe similar processes occur, associated with redistribution of enormous monetary liquidity accumulated in the accounts of banks and the non application of a real economy.

gold worth about $ 955 in anticipation of interchanges on the U.S. situation, where the planned assault on two levels. If this level does not stand and not stand it if the Fed does not take any steps to reduce money supply and removal of extra money, it can be expected to focus the movement and the failure rate for the U.S. currency against a basket of up to minimum last year.

futures for Brent crude oil brands are just above $ 70.75, crude oil futures on the mark WTI traded just below $ 68,5 (September contracts at 9-20 Moscow time). I think that before the publication of data on hydrocarbons in the United States, which will be held tomorrow, expect a serious movement away from oil is not worth it. Mark $ 70 is notable because it said many oil industry officials, and it is as though a compromise that should suit all parties concerned. How we got a $ 70 figure and what it fundamentally backed - the big question, which is likely to remain unanswered.

At 14-00 (Moscow time) published data on retail sales in the UK, 18-00 (Moscow time) is the index of consumer confidence in the United States, late at night were Geytner Timothy and Ben Bernanke, and they were a few steps.

With regard to corporate reporting, the following names: BP, Canon, Deutsche Bank, Endesa (Spanish energy company), EADS, US Steel, Quantum and Western Digital (both - high tech) and Hitachi.

In the first half of trading session is expected to multidirectional movement MICEX index in the range of 1020-1050 technical points
Interchanges summer rally is expected until 18-22 August, the growth potential of the Russian stock is estimated at 30% from current levels
A good report from Deutsche bank and rising oil prices will contribute to the emergence of a wave after opening up
Lukoil has begun operations on the installation of traffic by sea ice stationary platform at the name of Yuri Korchagin
Yesterday, a pair of Euro /dollar to the U.S. session after improving up to 1.4295 adjusted down to the level of 1.4200
Review of the FOREX market for 27.07.09
Today, the further forward motion of the single European currency in the past formed a corridor 1,4138-1,4288 dollar
The Europeans did not refuse to leave despite the crisis
New rules of placement of reserves of insurance companies

 

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