U.S. stock indices closed lower on Friday assured

Written by admin on February 18th, 2010

U.S. stock indices closed lower on Friday assured. Major sales occurred in the financial sector, where"d play concerns regarding Obama"s plan to reduce the size of banks, the imposition of restrictions on trade in its own facilities and etc.

oil and gas sector also suffered significant losses. In a moment futures for Brent oil tested support around $ 72. To date, the futures rebound, forming a local bottom. Potential rebound goal located in the region of $ 75-78 per barrel.

In the Asian session, the stock indexes traded in the temperate region minus. Prevalence Sellers noticeably weaker than would be expected based on the outcome of trades in the United States.

possible buyers supported the confidence that a re-election of Ben Bernanke to head the Fed for another term.

on the SP 500 Futures traded at around 1097 points by testing during the Friday session of 1087 points. At the moment fluctuations in the futures look within the range of 1080-1110 points. Expect the development of rebound up with a potential target in the vicinity of 1110-1120 points.

To resume the uptrend should return higher than 1120-1130 points. Output below 1080 points will confirm the reversal.

This week will be full of events and macroeconomic data:
- Monday, 18.00 Moscow time sale on the secondary housing market in the U.S. for December;
- Tuesday, 17.00 Moscow time index of home prices from SP /Case-Shiller for November, 18.00 Moscow time index of consumer confidence in January;
- Wednesday, 18.00 Mosccffow time sales in the primary housing market in December, 22.15 Moscow time decision on rates, the U.S. Federal Reserve;
- Thursday, 16.30 Moscow time, orders for durable goods in December;
- Friday, 16.30 Moscow time the U.S. GDP for the fourth quarter of 2009.

External von moderately negative. America to close certain decline, oil and gas sector is moderately worse than the market, the financial sector worse than the market. Asia is trading moderately down.

American statistics on sales of existing housing will have a significant impact on the outcome of todad0fy"s trading
After Drawdown Russian sites occurred at the end of last week, the market is ready for technical rebound
Today at the opening of the expected gradual decrease in quotations on the full range of liquid securities
In early trading the MICEX index falls below the 1400 points
Today the opening of tenders is expected to near previous closing levels on the equity market
In 2009, "IDC Center and Volga Region" attached to their networks more than 15 thousand consumers
Vladimir Putin instructed to develop a comprehensive strategy for the development of the North Caucasus Federal District
On Friday, the U.S. stock market dominated by pessimism
Logistichnoe decision

 

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