Reduce by boosting the dollar and the euro - in the market of the major base metals yesterday

Written by admin on August 7th, 2009

Prevalence of rehabilitative sentiments - to the world's stock in anticipation of the fundamental areas of Labor Statistics in the United States. Thus, a reduction of the closure of major U.S. indices yesterday (DJI - minus 0.27%, NASDAQ - 0%, S P500 - minus 0.56%), but the lateral dynamics of futures on major U.S. indices today. The absence of express drivers of growth against a background of short-term perekuplennosti led to the divergent dynamics of the most significant actions. After the negative data on the July sales decline were shares leader Procter Gamble (minus 4.5%). Multidirectional dynamics of the shares of major banks. At the end of the day, shares of Citigroup rose by 6.15%, shares of Bank of America - at 0.24%, shares of JPMorgan fell to 2.47%. Stop the growth in world oil prices yesterday, and the impact on the dynamics of the energy sector shares. The index of the largest oil companies fell on the day at 0.7%. Today, the focus of investors will be focused on the U.S. labor statistics. The response to these labor market statistics (very positive on expectations) will establish the direction of movement of the world's major stock and commodity markets.

Yesterday's dominance of the pessimism on Wall Street, world market crude oil, base and precious metals led to a decline in the stock markets of Latin America (Mexico - minus 1%, Brazil - minus 1.12%, Argentina - minus 1.63%). Mixed dynamics - in Asia (Japan - 0.23%, Korea - 0.7%, China - minus 1.9%, Thailand - minus 0.4%).

The modest decline in the final against the backdrop of a small strengthening of the U.S. currency, and bear of data on the Office of Energy Information on the bidding yesterday, the continuation of a small negative trends in anticipation of Labor Statistics, U.S. auction in Asia today. September futures price of oil brand Brent on the results of yesterday's trades fell by 0.68 dollar to 74.83. In Asia, the September futures price of oil brand Brent fell by 0.12 dollars.

Reduced by boosting the dollar and the euro - in the market of the major base metals yesterday, continued decline in morning auction today. As a result of yesterday's auction at the LME, three-month futures price of copper rose by 0.08%, nickel prices fell by 4.8%, and zinc - to 3.14%, lead - to 3.86%.

One of the key events of yesterday has become the ECB meeting
Grain osyadet in regions
From 31 July to 7 August in the primary market of Kiev real estate prices for one-room apartments fell to 0,02% to 14,4 thousand hryvnia per square. m
Forex - Asia
The Russian market is accumulated capacity reduction caused by the desire of bidders to record profit
In the short run may preserve the negative dynamics of Russian stock market
Bank of Russia will hold 10 and 11 August auctions for banks to provide loans without collateral
From 31 July to 7 August, the rental rates on one-room apartments of Kiev has increased by 0,9%
Ministry of Economy: Money supply to Ukraine in July fell by 0.1%

 

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