Russia
Reducing American stock market was below the level of support for May 2009. opens the way for the main index DJIA position to 8000p. and further reducing the potential for up to 2%. Current concerns related to the slowdown in consumption expenditure in the technology sector, as well as the possible collapse of corporate profits, unable to justify the previous rally. Microsoft Corp. and Google Inc. lost nearly 3% after the data from Gartner Inc. waiting reduction of consumer spending in the technology sector by 6% during the year. Discover Financial Services fell 11% in anticipation of increase in capital by selling additional shares in the amount of $ 500 million. Actions leading U.S. oil refining companies - Valero Energy Corp. decreased by 4.7% against a background of similar dynamics in the market of gasoline, the price of which has reached two-month minimum.
domesticmarket is likely to have to test the previous level of local support for the 880p. MICEX index in the next trading session, taking into account the dynamics of the oil market and overseas sites in connection with which the possibility of positions at the level of 870p. with stop-loss in the region of 840-850p. MICEX index is still valid. It should be noted that short-term oil market can support the data of the U.S. Energy Information that will appear today at 18-30, but will not be so pessimistic.
Europe
European stock markets fell the fourth consecutive day due to loss of electric power and petroleum sectors. Pan-European index of blue chip FTSEurofirst 300 fell 0.79 percent to 826.44 point, rising during the day to 840.27 points. However, the index was still 28 percent above the historical level, shown at the beginning of March. Worst of all, a Tuesday for electricity companies: Paper GDF Suez, E. ON, National Grid and Centrica fell by 1,7-4,1 percent. Shares of oil companies after oil cheaper: quotes Royal Dutch Shell, Repsol, Total, ENI and Cairn Energy fell by 1,2-3,4 percent. Today's opening of tenders in Europe may be in the negative zone on a sharp decline in U.S. markets and Asia in connection with the information about the need for new incentives for the U.S. economy and weak commodity prices.
| FT-SE 100 | -7.91 | -0.19% |
| DAX | -53.63 | -1.15% |
| CAC40 | -33.59 | -1.09% |
Asia
Asian markets decline in the last six trading sessions in a massive decline of industrial jobs in Japan, resulting in a strengthening yen to six-week highs against the euro and the dollar. Mitsubishi UFJ Financial Group Inc. - The biggest Japanese bank with a listing on the Stock Exchange lost 3.4% against the backdrop of slowing down the process of crediting people. Jiangxi Copper Co. - Chinese producer of copper lost 2.1% at the auction in Hong Kong against the backdrop of a long protracted decline in prices for metals. In turn, the growth of yen continues to adversely affect the shares of exporters - Honda Motor Co. with 45% of sales in North America declined by 5.95% at auction in Tokyo.
| NIKKEI 225 | -227.04 | -2.35% |
| HANG SENG INDEX | -71.45 | -0.40% |
| SHANGHAI SE A SHARE INDX | -0.40% | -0.28% |
| SHANGHAI SE B SHARE INDX | 0.07 | 0.03% |
| KOSPI INDEX | -3.18 | -0.22% |
United States
The American stock market has lost two percent on Tuesday and dropped to levels of 10-week-old, as investors decided that talk of a new portion gospomoschi bury hopes for economic recovery and predict a bad season of corporate accountability. A member of the team of economic advisers to the White House said on Tuesday that the United States, possibly to prepare the second batch gospomoschi to stimulate economic growth. The statement called into question the scale of the recent rally in the market in anticipation of global economic recovery, rising share prices by 40 percent since March. Market participants will have the first idea of the coming season of corporate accountability since the publication of quarterly results on Wednesday, Alcoa Inc, which traditionally opens the season.
| DJIA | -161.27 | -1.94% |
| SP 500 | -17.69 | -1.97% |
| NASDAQ COMPOSITE INDEX | -41.23 | -2.31% |
| NASDAQ 100 | -36.23 | -2.51% |
Closure ADR GDR trading on the western sites were divergent in nature.
| Gazprom | -1.71% |
| Rosneft | 1.02% |
| Surgutneftegas | 0.26% |
| MMC Norilsk Nickel | -1.27% |
| Rostelekom | 0.79% |
| Gazpromneft | -1.16% |
Prices are per 1 share *
closing price of a receipt for the United States and European markets to the closing price of shares on the MICEX.
major macroeconomic statistical data suggest that to draw attention to the reserves of petroleum and petroleum products during the previous week, as well as the Consumer lending in May this year. The data will be published in the 18-30 and 23-00 on Moscow time.
| Authorize and appreciate the story;;
Your grade will be the first!
|
|
Overview of the foreign exchange market 08.07.2009
United States replace the speculators from the oil market
Kommersant: Konstantin Zhevago out in color
Cold June avtotreyderov
Nationalization started
Forex Asia
The Russian stock market came under a wave of sales - continue to decline in quotations
Conference on-line: The outcome of the visit of Barack Obama in Russia: Reboot?
Recommendations for futures on RTS index