Today's data from the United States for unemployment and NFP, of course, will have on the stock, commodity and currency markets. The bad data will not only mean continued deterioration of the situation on the labor market, but also a decline in consumption in the States. We believe that even a neutral data on unemployment and the NFP will not be able to significantly change the overall mood of the markets to correct, strengthen the position of the dollar and send more down commodity prices. To understand this, just to see how in the past two or three days were a sign of such shares on the markets as China and India. Yesterday and today there is a strong sales and stock indices are losing an average of 2,5-3,0% per day. Yes, that is Asia. America, with its neutral-positive statistics have not been able over the past two days to complete the auction in the black. It can be concluded that the market is now ripe for correction, and need only a pretext. Its markets can be found, if the number of newly created jobs in the United States will be higher than -300 thousand, or the unemployment rate has exceeded 9.7%.
Chinese once again became a factor for the commodity and stock markets decisive. The second-largest Chinese bank - China ConstructionBank today announced the reduction of lending by 70% in the second half, with the increase in the risks of excessive lending in the face of uncertainty in the global economy. From the speech of the representative of the People's Bank of China also made it clear that at this stage, the price of shares is not the aim of monetary policy in China. Apparently the Asian factor in stopping the uncontrolled growth of commodity prices in the coming months.
Litvitsky: NBU is useful to consider the possibility of lowering the discount rate
Central Bank of Russia from August 10, reduces the rate: The rate of refinancing and the rate on loans overnight - from 11% to 10.75% each
If growth in the U.S. and beyond will continue, the oil can go to $ 70, that the immediate impact on the Russian market
Stocks TsentrTelekoma grow today reported an increase in net profit for the RAS in the I half to 23.8%
Today the Russian market closes, or at current levels, or start a new dive in search of the next floor
IDC Center is moving towards self-formation of the volume of services provided for the transfer of electrical energy
The program cash-for-clunkers proved so popular among Americans, that the authorities decided to allocate the additional $ 2 billion to finance it
GM could not overcome their differences on the Opel
Analysis - Results of the day
Chinese once again became a factor for the commodity and stock markets in a decisive
Today's data from the United States for unemployment and NFP, of course, will have on the stock, commodity and currency markets. The bad data will not only mean continued deterioration of the situation on the labor market, but also a decline in consumption in the States. We believe that even a neutral data on unemployment and the NFP will not be able to significantly change the overall mood of the markets to correct, strengthen the position of the dollar and send more down commodity prices. To understand this, just to see how in the past two or three days were a sign of such shares on the markets as China and India. Yesterday and today there is a strong sales and stock indices are losing an average of 2,5-3,0% per day. Yes, that is Asia. America, with its neutral-positive statistics have not been able over the past two days to complete the auction in the black. It can be concluded that the market is now ripe for correction, and need only a pretext. Its markets can be found, if the number of newly created jobs in the United States will be higher than -300 thousand, or the unemployment rate has exceeded 9.7%.
Chinese once again became a factor for the commodity and stock markets decisive. The second-largest Chinese bank - China ConstructionBank today announced the reduction of lending by 70% in the second half, with the increase in the risks of excessive lending in the face of uncertainty in the global economy. From the speech of the representative of the People's Bank of China also made it clear that at this stage, the price of shares is not the aim of monetary policy in China. Apparently the Asian factor in stopping the uncontrolled growth of commodity prices in the coming months.
Litvitsky: NBU is useful to consider the possibility of lowering the discount rate
Central Bank of Russia from August 10, reduces the rate: The rate of refinancing and the rate on loans overnight - from 11% to 10.75% each
If growth in the U.S. and beyond will continue, the oil can go to $ 70, that the immediate impact on the Russian market
Stocks TsentrTelekoma grow today reported an increase in net profit for the RAS in the I half to 23.8%
Today the Russian market closes, or at current levels, or start a new dive in search of the next floor
IDC Center is moving towards self-formation of the volume of services provided for the transfer of electrical energy
The program cash-for-clunkers proved so popular among Americans, that the authorities decided to allocate the additional $ 2 billion to finance it
GM could not overcome their differences on the Opel
Analysis - Results of the day