Suddenly, a strong statistics on the labor market in the United States gave a strong impetus for the continuation of the rally in equity markets. In Asia, an additional factor leading to the restoration of the regional indices has been an increase of orders for manufactured goods. Taken together, recent data give investors hope that the recession in the world's leading economies concluded that the preservation of bovine portends trend in the market in the near future. Certain risks for the Russian market bear the price of oil, as well as the dollar, in the case of quotes which further strengthen the black gold can go below $ 70/barrel. However, at this morning oil is kept above $ 73/barrel, and the dynamics of the foreign indices portends domestic indexes on 1,5-2% off today at the opening.
Statistics for the U.S. labor market has become a surprise for investors: the reduction of unemployment, as well as less-than-expected decline in the number of jobs as a powerful incentive to continue the rally in the stock market of the United States. Dow index rose 1,23%, SP - on 1,37%.
According to official statistics the number of jobs in the U.S. economy dropped in July to 247 thousand, which is considerably less than the forecasts (-325 thousand), and can not be compared to the rate observed in previous months (-443 Thousands in June and about 700 thousand in the first months of this year). Unemployment is the expected growth to 9.6% decreased to 9.4% from the June rate of 9.5%. The state of the labor market in the United States caused the greatest concern of investors about the prospects for restoring the world's leading economies. Surprisingly strong data from the labor market confirmed the words of President Barack Obama United States passing through the lowest point of the economic downturn in the economy and provide hope for the stabilization and recovery of the labor market by the end of this - the beginning of next year. President Obama, in particular, said that the government was able to rescue the economy from disaster and to create a foundation for her recovery, although he noted that stable growth is possible until the Americans lose their jobs.
From corporate news provided support for market access reporting unfortunate AIG, which, thanks to gosvlivaniyam managed in the second quarter of gains after huge losses in the first quarter. However, statements of other representatives of Finance was not so positive: Fannie Mae has lost in the second quarter of $ 14.8 billion, mainly due to losses related to credit instruments. Royal Bank of Scotland showed a profit of $ 1.74 billion, which resulted in allocations to reserves for coverage of bad debts.
In Asia, positive market sown by the American statistics, received additional support after a strong report on industrial orders in Japan. The indicator, which characterizes the capital costs of industry on the horizon of 3 months up to six months, rose by 9.7%, with growth forecasts for 2.6%. The greatest impetus for growth in the Asian sites have received shares of the largest companies-exporters, with the greatest benefit from the restoration of their largest market - the United States. MSCI Asia Pacific Index rose 1.3%.
Statistics on the U.S. labor market has become a surprise for investors
Suddenly, a strong statistics on the labor market in the United States gave a strong impetus for the continuation of the rally in equity markets. In Asia, an additional factor leading to the restoration of the regional indices has been an increase of orders for manufactured goods. Taken together, recent data give investors hope that the recession in the world's leading economies concluded that the preservation of bovine portends trend in the market in the near future. Certain risks for the Russian market bear the price of oil, as well as the dollar, in the case of quotes which further strengthen the black gold can go below $ 70/barrel. However, at this morning oil is kept above $ 73/barrel, and the dynamics of the foreign indices portends domestic indexes on 1,5-2% off today at the opening.
Statistics for the U.S. labor market has become a surprise for investors: the reduction of unemployment, as well as less-than-expected decline in the number of jobs as a powerful incentive to continue the rally in the stock market of the United States. Dow index rose 1,23%, SP - on 1,37%.
According to official statistics the number of jobs in the U.S. economy dropped in July to 247 thousand, which is considerably less than the forecasts (-325 thousand), and can not be compared to the rate observed in previous months (-443 Thousands in June and about 700 thousand in the first months of this year). Unemployment is the expected growth to 9.6% decreased to 9.4% from the June rate of 9.5%. The state of the labor market in the United States caused the greatest concern of investors about the prospects for restoring the world's leading economies. Surprisingly strong data from the labor market confirmed the words of President Barack Obama United States passing through the lowest point of the economic downturn in the economy and provide hope for the stabilization and recovery of the labor market by the end of this - the beginning of next year. President Obama, in particular, said that the government was able to rescue the economy from disaster and to create a foundation for her recovery, although he noted that stable growth is possible until the Americans lose their jobs.
From corporate news provided support for market access reporting unfortunate AIG, which, thanks to gosvlivaniyam managed in the second quarter of gains after huge losses in the first quarter. However, statements of other representatives of Finance was not so positive: Fannie Mae has lost in the second quarter of $ 14.8 billion, mainly due to losses related to credit instruments. Royal Bank of Scotland showed a profit of $ 1.74 billion, which resulted in allocations to reserves for coverage of bad debts.
In Asia, positive market sown by the American statistics, received additional support after a strong report on industrial orders in Japan. The indicator, which characterizes the capital costs of industry on the horizon of 3 months up to six months, rose by 9.7%, with growth forecasts for 2.6%. The greatest impetus for growth in the Asian sites have received shares of the largest companies-exporters, with the greatest benefit from the restoration of their largest market - the United States. MSCI Asia Pacific Index rose 1.3%.
If the disappointment of investors will result in a wave of sales, it will be possible to see movement on the MICEX index level 640-740
Futures on the dollar-ruble is currently traded in the region of 31 900, the nearest resistance - 32 000
MDM-Bank and URSA Bank completed the process of
i-Free and FINAM created a new section on Raw
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