Forex on the European session

Written by admin on July 3rd, 2009

index of the Frankfurt Stock Exchange Ksetra Daks (Xetra DAX) has fallen on 13.82 item (-0.29%), and is at the level of 4704.67. The index of London Stock Exchange Futsi 100 (FTSE 100) rose by 23.39 points (0.55%) and is at the level of 4257.66. September futures on the index S & P 500 (SP 500) at Globekse (Globex) rose by 3.0 point at 896.3.

Today in the United States a day off. Consequently, the financial market in the country closed.

rate euro /dollar was established in the European session between the levels of 1.3980 and 1.4025. Due to the weekend in the U.S. active investor in the forex market is low, which contributes to the stabilization of exchange rates in limited ranges.

Today saw a correction of the euro after yesterday's sharp fall, due to weaker data in the United States. At the same time, it should be noted that today's data in Europe and fall in stock index puts pressure on the euro.

Yesterday's weak data in the United States suggests that the country's economic recovery will be very slow. This reduces the willingness of investors to risk and buy more risky assets.

index of business activity in services (PMI services index) in Italy in June, 42.3 (44.0 forecast, the previous value of 43.1). The index of business activity in services (PMI services index) in France for June 47.2 (47.5 forecast, the previous value of 48.3).

index of business activity in services (PMI services index) in Germany in June, 45.2 (44.3 forecast, the previous value of 45.2). The index of business activity in services (PMI services index) in Europe (16) June 44.7 (44.5 forecast, the previous value of 44.8).

index of business activity in services (CIPS services index) in the UK for June, 51.6 (previous 51.7).

index of retail sales (Retail sales) in Europe (16) May -0.4% for the month, -3.3% for the year (estimated -0.1% over the month, -2.7% for the year, the previous value of 0.2% for the month -- 2.3% per year).

The course is kept buying the dollar unchanged - the evening review of cash markets
Today, the indicator RTS-2 in the closure of Russia's bid has added 0,39%
At the end of the day RTS index lost 1%, while the MICEX index fell by less than 0.4%
The current low level of players is due to holiday on the stock exchanges in the United States
The State Duma approved the amendments to the Code of Administrative Offenses, aimed at protecting the interests of small business
The State Duma approved the amendments to the legislation on protection of competition
Bank of Moscow will not pay dividends on the basis of 2008
Factor Friday and the lack of trades on American exchanges have contributed to the negative of the Russian sites
Europe: statistical indicators have given rise to uncertain growth indices

 

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