It is possible that statistics on the U.S. labor market a few touch up the situation. On the U.S. market trading yesterday, closed down the growth of leading indexes against corporate news. Investors reacted positively to reports of several large U.S. retail chains on the positive dynamics of sales for the past month, which led to the growth of quotations of the companies in retail sector. In particular, for 8,6% in the retailer's shares have risen in price bidding Costco, reported an increase in revenue from units outside the United States. 8% increase in prices the securities of one of the largest U.S. clothing retailer Gap, whose sales decline in August was half what analysts expected. At 3.6% increased in price by bidding up shares and the largest U.S. aluminum producer Alcoa, after which the company raised its forecast for global demand for aluminum in the near future due to the fact that economic incentives used by the Government of the PRC, can increase the consumption of this metal. With regard to macroeconomic news, they generally coincided with market expectations. The latest unemployment figures showed that the number of initial claims for unemployment benefits last week, compared with that of the previous week fell by 4 thousand and reached 570 thousand in anticipation of its value of $ 562 thousand since the start of trading institute U.S. Supply Management reported that the index of business activity in the service in August 2009 of the year rose by 2.3 points - to 48.4 points compared with a revised 46.1 in the July value of the item.
The oil futures market quotations Light Sweet and Brent fluctuated in a positive zone due to technical buying oil futures prices, which since the beginning of the week fell by an average of 7% and remained three previous trading day below $ 70 a barrel.
further support to the oil market has provided information on a significant reduction in weekly U.S. gasoline supplies and heavy distillates. Among other factors affecting the course of trading, was the decline of the dollar, which since the beginning of the day lost significantly against the euro and other currencies except the Japanese yen. According to market participants, futures were traded in a range against the backdrop of continuing concerns about high stocks and weak demand. Demand for gasoline has shown growth in the completion of the summer season, but traders noted that this improvement probably will not last long, since long before the winter season of high demand stocks of distillates, which include diesel and heating oil, reached the United States in August of 28-year high . The level of stocks in Europe is also high, and millions of barrels of oil still stored in tankers. Even the message of the delay in deliveries of oil received from one of the leading companies in the world, almost no impact on market sentiment on the back of high stockpiles and lower demand. The supply is still excessive, and the OPEC produces more than it should. The next meeting of the Organization of Petroleum Exporting Countries will be held September 9 in Vienna, but many of the oil ministers of several countries of the cartel had already spoken in favor of continued restrictions on oil production.
It is possible that statistics on the labor market situation in the U.S. a few touch up
It is possible that statistics on the U.S. labor market a few touch up the situation. On the U.S. market trading yesterday, closed down the growth of leading indexes against corporate news. Investors reacted positively to reports of several large U.S. retail chains on the positive dynamics of sales for the past month, which led to the growth of quotations of the companies in retail sector. In particular, for 8,6% in the retailer's shares have risen in price bidding Costco, reported an increase in revenue from units outside the United States. 8% increase in prices the securities of one of the largest U.S. clothing retailer Gap, whose sales decline in August was half what analysts expected. At 3.6% increased in price by bidding up shares and the largest U.S. aluminum producer Alcoa, after which the company raised its forecast for global demand for aluminum in the near future due to the fact that economic incentives used by the Government of the PRC, can increase the consumption of this metal. With regard to macroeconomic news, they generally coincided with market expectations. The latest unemployment figures showed that the number of initial claims for unemployment benefits last week, compared with that of the previous week fell by 4 thousand and reached 570 thousand in anticipation of its value of $ 562 thousand since the start of trading institute U.S. Supply Management reported that the index of business activity in the service in August 2009 of the year rose by 2.3 points - to 48.4 points compared with a revised 46.1 in the July value of the item.
The oil futures market quotations Light Sweet and Brent fluctuated in a positive zone due to technical buying oil futures prices, which since the beginning of the week fell by an average of 7% and remained three previous trading day below $ 70 a barrel.
further support to the oil market has provided information on a significant reduction in weekly U.S. gasoline supplies and heavy distillates. Among other factors affecting the course of trading, was the decline of the dollar, which since the beginning of the day lost significantly against the euro and other currencies except the Japanese yen. According to market participants, futures were traded in a range against the backdrop of continuing concerns about high stocks and weak demand. Demand for gasoline has shown growth in the completion of the summer season, but traders noted that this improvement probably will not last long, since long before the winter season of high demand stocks of distillates, which include diesel and heating oil, reached the United States in August of 28-year high . The level of stocks in Europe is also high, and millions of barrels of oil still stored in tankers. Even the message of the delay in deliveries of oil received from one of the leading companies in the world, almost no impact on market sentiment on the back of high stockpiles and lower demand. The supply is still excessive, and the OPEC produces more than it should. The next meeting of the Organization of Petroleum Exporting Countries will be held September 9 in Vienna, but many of the oil ministers of several countries of the cartel had already spoken in favor of continued restrictions on oil production.
The worst of the market has traded shares of LUKoil and Uralsvyazinform
In anticipation of today's major publication review of the labor market in the U.S. active investors in the Forex market is very low
A number of leading stocks of oil companies are now traded in the area of a small reduction
UPC RF completed investigation against members of the Euroset, the case by Chichvarkin Separated
Left indicators for the euro zone PMI and the UK were more optimistic projections
Market Overview of non-ferrous metals for 03.09.09
IMF gave credit
ECB is not going to necessarily raise interest rates in the implementation of exit strategy
Forex on the European session