The growth of consumer confidence in the U.S. ran a 3% fall in oil prices, the level of 1130 points on the MICEX index and remains unresolved

Written by admin on August 26th, 2009

U.S. consumer confidence index in August after two months of decline has demonstrated rapid growth. Published values (54.1) was significantly higher than the expected 47.9. Thus, after two months of decline, the main indicator of U.S. consumer sentiment began to move in general terms with other macroeconomic indicators, indicating recovery in the U.S. economy. Left yesterday as data on prices of houses provided additional support to the stock markets.

However, plyusovavshy more than 1% immediately after the release of statistics, the American stock market finished the day more than a modest plus (S P500 0.24%). Even more interesting situation in the oil market - as soon as quotes for WTI futures rose to $ 75, immediately followed by the sale, set back futures more than 3% down. Active selling of oil was partly played on Russia's market in the last minute exchange session, not allowing the MICEX index to close above the local maximum of 1130 points. Today, after falling at the opening of trading forward to resuming attempts to pass the specified mark.

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Analyst Ratings


The Ukrainian stock market closed on Tuesday in the wake of growing optimism of investors, inspired by the growth of world sites
Growth of the European share indexes on Tuesday in an average of 0,5%
Analyst forecasts: The positive dynamics of world equity markets can provide support for Russia's indices
In the case of formation of purchases of paper Savings Bank will show substantial growth and test the resistance at 50 rubles
Today the players will pay attention to statistics on new home sales and inventories of crude oil and petroleum products in the U.S.
Rate single European currency to the dollar may remain bullish trend in the future the next few weeks
Today on the equity market will be very heavy trading session
On the morning of quotes shares of our oil companies be playing drop in energy prices last night
Trading volume on the stock market, MICEX Stock Exchange on Tuesday amounted to 106.69 billion rubles

 

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