Dow Jones Industrial Average (Dow Jones) the New York Stock Exchange fell 53.13 points (-0.52%) and closed at 10067.33. NASDAQ Index (Nasdaq) fell 31.65 points (-1.45%) and at the level of 2147.35. Index S & P 500 (SP 500) dropped to 10.66 points (-0.98%) and at the level of 1073.87. Yield 30-year U.S. government bond is 4,510.

euro /dollar fell to American session and reached a level of 1.3860, a minimum of 9 July 2009. The depreciation contributed to the present series of positive economic data in the U.S.. After them, market participants are talking about the fact that U.S. interest rates may be increased earlier than in the euro area.

preliminary index of gross domestic product (GDP) in the U.S. for the fourth quarter of 2009 at an annual rate was 5.7% (forecast was 4.5%, the previous value of 2.2%). The index came out much better than forecast and reached its highest level since 2003.

index of business activity of the Managers Association of Chicago (Chicago PMI) in the U.S. for January 61.5 (57.0 forecast, the previous value of 58.7). This figure is of great importance before the publication of index of business activity at the national level, which is scheduled for Monday.

final consumer sentiment index value of the University of Michigan (Michigan sentiment index) in the U.S. for January 74.4 (73.0 forecast, the previous value of 72.8). This index also went better than expected and reached a maximum level over the past two years.

supported the dollar has decline in oil prices. Today the oil price during trading in New York fell to 1.20 dollar to the level of 72.44 dollars per barrel.

euro /franc soared during the auction in America to the level of 1.4755. The market rumors that the Bank of International Settlements on behalf of the Swiss National Bank bought euros against francs. Click to continue »

for Thursday, February 4, 2010

On Thursday, the U.S. dollar has increased substantially in value relative to European currencies. The cost of the euro and pound were under pressure from publication of decisions of the Central Bank Eurozone and UK rates, which were retained without change. Due to the falling stock index investors sold riskier assets, including currencies with relatively high interest rates and buy dollars and Japanese yen.

end of the day the euro was trading at a level - just above 1.3700, the pound fell in value by about 150 basis pointsecfto - 1.5750. The currency pair USD /CHF entrenched above the level of - 1.0600 and peaked the day and the last few months - 1.0674. Dollar /yen at the beginning of the day was worth in the region - 91.00, but fell to a minimum of the day - 88.53. Click to continue »

 

now in financial markets the prerequisites for the new IPO, in particular, additional liquidity, capital for new investment, foreign investors interested in Russia"s mining companies, participants held at the MICEX Conference on Investment Climate and the IPO ". There is a desire to be placed by the issuers - the budgets of many large state-owned companies are scarce or curtailed, "hole" it is necessary to stop any money from the budget, or bond with a state guarantee, or primary /secondary allocation.

expected volume of IPO and SPO in 2010

Source: estimates Finam

Impuls Russia"s market of IPOs in 2010 will provide and privatization. The state plans to privatize part of the companies through the public offering. In particular, the exchange can leave companies such as Sovcomflot, First Cargo Company "," Rosagroleasing "," Transcontainer "and others. Use of IPO for the privatization of state companies will be interesting for both retail and institutional investors (to recall a popular location for Rosneft, VTB and Sberbank, "which became one of the largest volume of attracted funds in those years when performed). State enterprises, whose shares are to be sold, are leaders or even a monopoly in its industry, which attracts investors (for example, Sovcomflot).

"The success of the IPO will largely depend on the conditions of placement: whether the offering price at a discount to the world analogues, - said Alexei Kurasov, head of corporate finance Finam." - State Company, not only in Russia have traditionally been popular with investors, the main reason - state-owned enterprises are the basis of the economic power of the country is a stable company that is a low probability may become bankrupt. "

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Index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) fell 29.43 points (-0.52%) and at the level of 5642.66. Index of the London Stock Exchange Foots 100 (FTSE 100) fell by 36.31 points (-0.69%) and at the level of 5216.84. The March futures on the index S & P 500 (SP 500) on Globex (Globex) dropped by 6.1 points and is 1090.3. Opening of the American stock indexes are now expected to bottom.

Monetary Policy Committee Bank of England decided today to leave the key interest rate on repo transactions (Repo rate) in the UK unchanged at 0.50%. Number of funds in the amount of 200 billion pounds, selected the Bank of England on the quantitative easing of monetary policy is left unchanged. The committee members voted against the increase of this amount.

pound /dollar reacted to the decision of the Bank of England surge to the level of 1.5883.

Governing Council of the European Central Bank decided today at its meeting to leave interest rates in Europe (16) without change. Refinancing rate (Refinancing tender) remained at 1.00%.

euro /dollar continued to decline and reached a level of 1.3824, the lowest since 17 June 2009. Pressure on the euro has investors concerned about the situation with the budget deficit in Greece, Spain and Portugal. The depreciation also helps lower the index of industrial orders in Germany. Click to continue »

Equity markets of Asia are on the rise in the morning on Wednesday on reports of increased sales of housing in the U.S., reports Bloomberg.

index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) rose 29.55 points (0.52%) and at the level of 5684.03. Index of the London Stock Exchange Futsi 100 (FTSE 100) rose by 11.21 points (0.21%) and is located at the level of 5258.62. The March futures on the index S & Pi 500 (SP 500) on Globex (Globex) rose by 2.2 points and is 1088.5. Opening of the American stock indexes are now expected to top.

The euro /dollar rose in European session to 1.3955 level. Support has increased the rate of stock indexes and exchange of precious metals. Positive impact on the euro exchange rate has a slight decrease in profitability of Greek government bonds.

Today the European Commission must give its opinion on the plan of Greece to reduce the budget deficit. Recall that the last member of the European Commission Almunia said that, despite the fact that Greece plans to reduce the budget deficit the government is sufficiently ambitious, they are achievable. Click to continue »

European stocks increased for the second consecutive bid, a favorable effect on the market have, in particular, good statistical data from the U.S., reported Bloomberg.

composite index of the region Dow Jones Stoxx 600 rose from the market opening on 0,6%, although earlier in the bidding reached a reduction of 0.8%. With the maximum recorded on January 19, the indicator fell 4.6%.

"The recent rollback was welcome and brought action from overbought levels, as compared with bonds to almost neutral", - analyst JPMorgan Asset Management.

costs of the U.S. population in December increased by 0.2%, revenue - by 0,4%, according to the Ministry of Commerce. Thus, consumer spending rose a third consecutive month, pointing to the fact that they can make a significant contribution to economic recovery in the coming months, experts say.

In addition, the index of industrial activity in the U.S. (ISM Manufacturing) in January rose to a peak in August 2004 - 58.4 points, at the same time, experts had expected a decline to 55.5 points. Excess index mark of 50 points means increased business activity in the industrial sphere.

Stock quotes

Ryanair Holding Plc jumped 6.9%. Europe"s largest low-budget airline recorded a net loss for its third fiscal quarter ended December 31, 2009, but improved the outlook for the current financial year as tariff reduction was less significant than expected.

shares rise in price of British construction companies, after analysts Deutsche Bank have stated that they can rise in price this year by 35%. Click to continue »

index of the Tokyo Stock Exchange Nikkei (Nikkei) has grown by 6.98 points (0.07%) and closed at 10205.02. Yield of 10-year Japanese government bonds is 1.330 (increased from the previous closing on 0.015). Index of the Hong Kong Stock Exchange Haeng Seng (Hang Seng) fell 21.78 points (-0.11%) and is located at 20100.21.

the Asian session, a decrease in the willingness of investors to take risks. Consequently, the pressure proved courses riskier instruments. In the forex market has information on that UK regulators may forbid investors to execute transactions in which loans are taken currencies with lower interest rate, such as the yen or the dollar, and bought for them witha high exchange rate, such as the Australian and New Zealand dollar .

As a consequence, the market experienced the closure of long positions in these instruments. Pressure on the Australian dollar has also reduced the probability of increasing the basic interest rate in Australia this week.

This week, investors" attention will be directed to the meetings of central banks in the eurozone, Britain and Australia. An important event called the next day"s speech team member of U.S. President Obama Volcker in the U.S. Senate, during which he will present the management plans to the White House to reform the banks.

on Friday will be published survey data of the labor market in the U.S.. Expected to increase in the number of jobs.

Today is scheduled for release the following data:

at 07:45 GMT - index of industrial prices (PPI) in France in December (forecast 0.1% for the month, -3.0% for the year, the previous value of 0.2% for the month, -4.5% per year);

at 08:45 GMT - business activity index (PMI index) in Italy in January (the previous value of 50.8);

at 08:50 GMT - business activity index (PMI index) in France in January (54.7 forecast, the previous value of 54.7);

at 08:55 GMT - business activity index (PMI index) in Germany in January (53.4 forecast, the previous value of 52.7);

at 09:00 GMT - business activity index (PMI index) in Europe (16) January (forecast 52.0, the previous value of 51.6);

at 09:30 GMT - an index of business activity (CIPS manufacturing index) in the UK in January (forecast 54.0, the previous value of 54.1);

at 09:30 GMT - consumer credit (Consumer credit) in billions of pounds in the UK in December (forecast -0.50, the previous value of -0.38);

at 13:30 GMT - an index of personal income (Personal income) in the U.S. Click to continue »

Ukrainian stock market closed the week of the fall, despite the positive trend in global markets. Ukrainian investors have preferred later in the week to record profits after the previous growth, resulting in the leading stock indexes dropped sites: Ukrainian Stock Exchange - on 0,55%, to 1671.77 points, PFTS - on 0,57%, to 633.91 item.

As commented Interfax-Ukraine "investment adviser investment company Dragon Capital Vyacheslav Urluk, during the trading session the stock market of the country showed differently directed dynamics. According to him, the Ukrainian site opened "gepom down against the backdrop of falling U.S. indices yesterday, but by the middle of the day quotes of most liquid stocks went into a" green zone "with little active players in anticipation of the publication of important macroeconomic statistics from the United States.

As noted by the analyst, the improvement of conditions in world stock markets caused by the release of positive statistic data on the growth of U.S. GDP in the fourth quarter of 2009, resulting in increased trading activity on the Ukrainian stock exchanges in the afternoon. However, the optimism on world stages in the Ukrainian market was offset by the number of investors willing to take profits in anticipation of the weekend.

Urluk predicts that the absence of negative domestic news, closing on Friday, Russian and European sites is considerably higher levels Thursday, as well as opening the U.S. market with gepom "up and rising commodity quotes may be grounds for a" positive start "of the Ukrainian market in the next week.

On

"Ukrainian Stock Exchange on Friday became the leader of reducing the action Ukrnafta, lost 6.37% at the volume of trades 6.432 million UAH. Players explain this the beginning of the period of payment of dividends and the uncertainty of the closing date of the roster.

In addition, the interest of investors to shares of the banking sector and steel companies. The most actively traded shares Alchevsk Iron and Steel (1.16%) and Enakievo Steel (1.22%). Actively buying shares Krukovka Carriages, went up by 2.09%, after the plant confirmed the plans in 2010, almost double the production of freight cars. Click to continue »

U.S. stock indices have lost up to auction on Thursday, more than 1%, with the value of Standard Poor "s 500 dropped to a minimum almost for three months.

One reason for this decline in value of securities launched Qualcomm at 14% after reducing the company forecast sales that dragged the entire technology sector, said the agency Bloomberg. This was a record decline in nearly 10 years.

manufacturer of chips for phones Qualcomm expects the current financial year revenue of $ 10,4-11 billion, while in November, the expectations were at $ 10,5-11,3 billion

In addition, negative for the market has increased fears that Greece will not be able to finance the budget deficit.

Quotations of futures on Jan. 29 continue to show negative dynamics: the March contracts for SP 500 lost 0.38%, for Dow Jones - 0,29%.

"Company, predicting growth, but not showing it, will be punished, while investors are willing to pay a premium for shares of companies that are really growing," - said president of Axiom Capital Management Liam Dalton.

technology sector SP 500 fell on Thursday to 2.9%, and the sub-index of financial institutions dropped to 0,4%.

Motorola"s share price fell by 12%. The largest manufacturer of mobile phones in the United States expects a loss in the first quarter.

Paper

Apple fell 4.1% against the backdrop of criticism from some observers of the new tablet computer company - iPad. Click to continue »