Once again, the fear of an overbought stock market dragging down the world's leading indexes. The positive momentum generated by strong stock markets makrostatistikoy from China, could not resist the desire of American investors to take profits after eight days of rally. As a result of trading, the Dow fell 0.23% to 9,605.41, P., SP index at 0.14% to 1042.73 n. Market almost no attention at exit makrostatistiku, which again showed a gradual improvement in consumer perception of current economic realities: a preliminary index of consumer expectations Reuters /University of Michigan rose to 70.2 n. what was the best indicator of value since June, indicating the gradual restoration of confidence of consumers in the economy. Although, it should be noted that the evaluation of consumers of its own financial condition in the short term remains very pessimistic.
Throughout last week, there is a weakening of U.S. currency: signs of faster economic recovery in Europe and Asia, gave rise to re-evaluate the market prospects of regional stock markets, which eventually led to capital flows to Asian and European sites, as well as commodity assets. However, reaching the milestone of $ 1.4620 per euro, the main couple started reduction, and it is possible that this week it may well fall to the level of $ 1.4370 per euro, especially if we take into account the increasingly sounding statements about how investors, that the increase in rates in the world will begin with the United States. In the context of strengthening the U.S. currency will increase pressure on the oil quotations.
fears of excessive overbought stock markets, as well as the desire to take profits on the basis of the very profitable for the Asian markets last week, have caused korrektsinnogo movement on the leading regional venues. On the face of the tendency of investors in the quality of care: on the background of the fall in commodity and stock markets significantly increased demand for treasuries. Additional incentive to reduce the shares of exporters attaches to strengthening the yen against the dollar.
Makrostatistika to spiral this week, ideally, should contain correctional decline. Today, support for the stock indices may have data on industrial production in the euro area. Tomorrow is expected to yield quite good ZEW index of business confidence in Germany, but the focus of investors will attract statistics on retail sales in the United States, which must still take into account the effects of incentive programs, sales of cars and real estate operating in August. On Wednesday there are data on industrialproduction and consumer inflation in the U.S.. By the end of the week will weaken the flow of macro data: the key news is worth emphasizing the publication of statistics on new construction sites in the U.S. and data on retail sales in the euro area, to be released on Thursday.
Throughout last week there is a weakening of U.S. currency
Once again, the fear of an overbought stock market dragging down the world's leading indexes. The positive momentum generated by strong stock markets makrostatistikoy from China, could not resist the desire of American investors to take profits after eight days of rally. As a result of trading, the Dow fell 0.23% to 9,605.41, P., SP index at 0.14% to 1042.73 n. Market almost no attention at exit makrostatistiku, which again showed a gradual improvement in consumer perception of current economic realities: a preliminary index of consumer expectations Reuters /University of Michigan rose to 70.2 n. what was the best indicator of value since June, indicating the gradual restoration of confidence of consumers in the economy. Although, it should be noted that the evaluation of consumers of its own financial condition in the short term remains very pessimistic.
Throughout last week, there is a weakening of U.S. currency: signs of faster economic recovery in Europe and Asia, gave rise to re-evaluate the market prospects of regional stock markets, which eventually led to capital flows to Asian and European sites, as well as commodity assets. However, reaching the milestone of $ 1.4620 per euro, the main couple started reduction, and it is possible that this week it may well fall to the level of $ 1.4370 per euro, especially if we take into account the increasingly sounding statements about how investors, that the increase in rates in the world will begin with the United States. In the context of strengthening the U.S. currency will increase pressure on the oil quotations.
fears of excessive overbought stock markets, as well as the desire to take profits on the basis of the very profitable for the Asian markets last week, have caused korrektsinnogo movement on the leading regional venues. On the face of the tendency of investors in the quality of care: on the background of the fall in commodity and stock markets significantly increased demand for treasuries. Additional incentive to reduce the shares of exporters attaches to strengthening the yen against the dollar.
Makrostatistika to spiral this week, ideally, should contain correctional decline. Today, support for the stock indices may have data on industrial production in the euro area. Tomorrow is expected to yield quite good ZEW index of business confidence in Germany, but the focus of investors will attract statistics on retail sales in the United States, which must still take into account the effects of incentive programs, sales of cars and real estate operating in August. On Wednesday there are data on industrialproduction and consumer inflation in the U.S.. By the end of the week will weaken the flow of macro data: the key news is worth emphasizing the publication of statistics on new construction sites in the U.S. and data on retail sales in the euro area, to be released on Thursday.
Rapid correction of oil prices, which began on Friday, has evolved in the morning against the backdrop of a strengthening dollar
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Recommendations on RTS Index futures for Monday
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