Prices for industrial metals in London tore up the price of gold rose to $ 1070

Written by admin on October 20th, 2009

America and Europe

indices of the New World increased by 0,9-1,0% against a background of positive corporate news and the excessive liquidity. Trend to increase, which has been established on all fronts until the break can not, despite its apparent fragility.

indices of the Old World have increased by an average of 1,5% with an eye to their American counterparts, local corporate accounts and improve the next round of recommendations from leading analysts.

raw materials, currency and so on

Prices for industrial metals in London tore up the price of gold roseto $ 1070, oil prices came close to $ 80, - all this is happening against the backdrop of another round of dollar depreciation. There is an assumption that because America's national currency reacts to the aggressive actions of a number of Latin American and Arab countries in terms of building a strategy to phase out the use of U.S. dollars in settlements between themselves and the formation of the regional reserve currencies.

Statistics and Reporting

Day promises to be quiet in terms of publication of macroeconomic statistics, but rather due to the rapid release of a large number of corporate reports. At 12-30 (Moscow time) leave the data on the UK public sector borrowing, and 16-30 (Moscow time) published an index of production prices and data on permits for new homes in the U.S., late at night in favor of the Bank of England head Mervyn King.

from corporate reports can be identified Bank of new York Mellon, Caterpillar, MT Bank, The Coca-Cola and Yahoo, but it is expected reports on the mass of the sector companies high technology, and indeed, the day in this regard would be very interesting.

Tuesday will give a clear understanding of what the balance of forces bulls and bears in Russia market
From the macroeconomic statistics, the U.S. will determine whether Russia will complete the indexes on the day of the new annual highs
Against the background of the depletion of positive factors should expect high volatility in the stock market
Excess liquidity and prized oil does not give our market to carry out a long-awaited correction
In the short run may be a decrease quotations of Russia's currency to the dollar
Another rate reduction refinancing will result in the continuation of rally in the market of ruble-denominated debt
Since the beginning of a new week, the growth in world stock markets resumed
Forex Market. 20/10/2009
The State needs a plan

 

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