Output statistics of strong retail sales in the United States gave U.S. indexes powerful stimulus for growth

The growth of the world's leading venues resumed, drawing strong support in the statistics of sales in the U.S., as well as the Ad Fed chief Ben Bernanke is the end of the recession. Improved economic expectations and the further weakening of the dollar contributed to the return of demand in commodity assets. Easy oil in U.S. trading rose to $ 71 a barrel.

yield strong statistics on retail sales in the United States gave U.S. indexes powerful stimulus for growth, however, after a spurt early in the session, the rest of the day spent in the indices of Comma delimited with, obviously, could not find sufficient cause for the development of the rally. As a result, the growth index Dow was limited to 0.59% (up to 9683.41 on), and SP - 0,31% (up to 1052 on).

According to statistics of retail sales in the U.S. rose by 2.7% in August, mainly due to the state program of support for car industry, as well as a number of other stimulating consumer activity measures, including tax credits for the purchase of first home. However, retail sales are also highlighted positive developments in no way associated with the contribution of the state: with the exception of auto sales and gasoline had risen by 0,6% (the second time in six months), indicating a gradual revival of the American consumer.

Data from the industrial sector, also supported the market. Index of New York Empire State rose to 18.88 Section in September that was the highest value target in 2007.

Against the background of recovery in domestic demand, excess liquidity and the increase in oil quotes in the U.S. experiencing a rise in inflationary pressures. Producer price index rose by 1.7% in August, with an increase in the production of basic inflation by 0,2%. On the one hand higher inflation pushes the threat of deflation and stagflation, but on the other hand in case of continued growth, the U.S. monetary authorities will seriously consider the withdrawal of excess liquidity from the financial markets. However, while the market took the data exclusively in the context of recovery of demand in the industrial segment.

array of data from the U.S. is to summarize the words of head FRS of Ben Bernanke, announced the end of the recession in the United States. Despite the fact that this head of the Fed has been very cautious, he pointed out good prospects for economic recovery, although it suggested that in the coming months, the economy is still very weak and the labor market was causing him great concern.

Finally, a good prognosis for the coming months and made great and terrible Alan Greenspan. In his view, the scenario for a semi-annual term, it is easy to guess: the absence of inflation, good economic growth - all is well in the near future.

growth of retail sales in the U.S. - main trading partner for the Asian region, was one of the key incentives for the growth of the regional indices. MSCI Asia Pacific Index rose to a maximum in the last three weeks, the value of - 1,6%. Korean KOSPI index increased by 2,2%, Hong Kong's Hang Seng - by 1,8%, Australia SP /ASX - by 2,2%. Against the backdrop of recovery of demand for commodity assets in shares of the leaders went out of mining companies. Also, support was given to exporters of paper.

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