Europe
indices of the Old World grew by an average of 0,5% against the backdrop of positive news for the Chinese economy and the massive revision of the recommendations of securities analysts from major banks and investment companies upwards. In general, at the level of words and opinions can be noted blessed optimism and relaxation at the level of the dynamics of indices and individual securities - nerves of the players stretched to the breaking point.
America
indices of the New World on Friday conducted a rather vague session and eventually closed a decrease in 0,1-0,2%. Investors reacted sluggishly to the generally positive macroeconomic statistics - cumulative impact fatigue and lack of new drivers for growth (leading economic indicators to be relevant as drivers have already lost).
raw materials, currency and so on
industrial metals on the auctions in London on Friday slightly cheaper. The U.S. dollar seems in a state of free fall (or rather say planning because the reduction is not landslide, but gradually) after the breakdown of local support - ahead of the annual minima. Gold continues to storm the $ 1000 mark, and purely technically this level could take, since there are actual closing above $ 1000. However, if you look at the noble metal in the context of some other currencies such as euros (I suggest we use peeped me on the side of methodology, in order to diversify the analysis), the situation is slightly less optimistic, because gold prices are in the side channel, away from their maximum values.
Crude oil futures back below $ 70, while the spectrum of opinions bidders are inclined to think that the decline may be due to the near expiration of contracts, ie a short-term and purely technical nature. Futures Brent crude traded around $ 68, mark WTI futures is slightly above $ 68.75 (November contracts at 9-30 Moscow time).
Monday to tradition promises to be a fairly quiet week in news terms: the only more or less important, macroeconomic statistics, means a report on industrial production in the euro area, goes to 13-00 (Moscow time).
The main benefits of adopting a system of calculating tariffs on the basis of RAB will obtain the Federal Grid Company and IDC Holding
Greatest risk reduction actions today exposed steel companies, which have assets in the U.S. and Europe
If today's decline does not turn into a panic, the market will be a good chance to continue to rally towards the end of the week
The current correction in Russia market does not necessarily lead to a reversal of trend
Quotes of the ruble against the dollar and the currency basket of the MICEX today are 30,84 and 37,20 rubles
Speculative recommendation on shares of Gazprom, LUKoil, Polyus Gold, Sberbank and VTB
The only asset that still maintains stability is gold
Forex Market 14/09/2009
Stiglitz: the problem of the banks more than in the midst of crisis