World stock markets
program cash-for-clunkers proved so popular among Americans, that the authorities decided to allocate the additional $ 2 billion to finance it. On Thursday, the bill was finally approved by the U.S. Congress. Recall that initially on the program was given a total $ 1 billion, which should have been enough, presumably, for a few months of sales. However, citizens of both inspired the idea of receiving subsidies when purchasing a new car to replace the old one, that the allocation of budget funds have been spent in less than a month.
According to data published in Thursday on the labor market, the number of American citizens, first applied for unemployment benefits last week, amounted to 550 thousand compared to 584 thousand, recorded a week earlier. The market-consensus forecast figure of 580 thousand, however, the number of Americans continuing to receive unemployment benefits during the week from 20 to 26 July, by contrast, has increased to over 6.3 million people - a week earlier benefit received slightly less than 6.2 million.
Today, the U.S. Department of Labor has announced the official figures for unemployment in the country in July: Investors fear that the unemployment rate reached a record over the past 26 years, 9,6%.
Major U.S. stock indexes finished the last trading day of losses. Dow Jones Industrial Average fell by 0.27% - to 9256.26 point, Standard Poor's 500 reduced 0.56% - up to 997.08 point, Nasdaq Composite has been less than 1%, stopping at 1973.16 points.
European Central Bank, as well as the Bank of England, took the decision yesterday to leave the level of the base interest rate unchanged - at the level of 1% and 0.5%, respectively. The latter also announced plans to pour in the UK economy 84 billion U.S. Capital grounds in Europe on Thursday, had grown up.
On Friday morning markets in the Asia-Pacific region showing predominantly downward trend.
Metals Market
Growth dollar against major world currencies and the absence of supportive economic news have a good reason for long-overdue correction on the London Metal Exchange. Her start was quite dramatic. On Thursday LMEX, the combined value of the index of six metals traded on the LME, fell to 3.5%.
greatest loss suffered lead, the value of which collapsed the day at 4.9%, with an increase in stockpiles of the metal at 1.2%. Nickel dropped in price on 4,2%, prices for aluminum and copper proseli at 3.9% and 2.8% respectively.
On Friday morning metals are still trading in red. Helping them to get out could published statistics on the evening of the labor market in the United States if it proves positive. In another case, metals risk a week to complete the minor note that, by the way, it would be better for them.
oil market
Oil slightly cheaper at the auction on Thursday. Brent has lost 0.9% of the value, close to the mark at $ 74.83 a barrel, the price of WTI fell to 0.04% - up to $ 71.94 a barrel.
correction in the energy market was noted on the background of a general weakening of support for the external background. Its shallow nature shows that the traders of oil platforms, in contrast to the metals market traders do not believe perekuplennym in the current market conditions and are not yet ready for a dramatic discharge of oil futures.
some support quotes black gold, also produced a statement yesterday, the oil minister of Kuwait, Ahmed Abdullah Al-Sabah. In his view, at the upcoming OPEC meeting in September, its members will likely decide to maintain the quota of oil production, or reduce them.
on Friday morning with a moderate correction in prices for black gold continues.
Litvitsky: NBU is useful to consider the possibility of lowering the discount rate
Central Bank of Russia from August 10, reduces the rate: The rate of refinancing and the rate on loans overnight - from 11% to 10.75% each
If growth in the U.S. and beyond will continue, the oil can go to $ 70, that the immediate impact on the Russian market
Stocks TsentrTelekoma grow today reported an increase in net profit for the RAS in the I half to 23.8%
Today the Russian market closes, or at current levels, or start a new dive in search of the next floor
IDC Center is moving towards self-formation of the volume of services provided for the transfer of electrical energy
Chinese once again became a factor for the commodity and stock markets in a decisive
GM could not overcome their differences on the Opel
Analysis - Results of the day