Yesterday, U.S. stock indexes finished the day, adding a little less than 1%. Investors are not alerted the July data showed another decline in consumer lending in the U.S. (-10% y /y; $ 2.5 trillion.), Which continues to decline more than the previous month, showing a negative dynamic for six consecutive months. Market as a zombie continues to be optimistic to win back the idea that the economic crisis has left behind. Rising prices of basic commodities yesterday, supported the quotation of shares overseas mining and oil companies.
dramatic weakening of the dollar (EUR /USD 1,45), many market participants associated with the results of the recent London summit of G20, which agreed to continue to support monetary economies. Against the background of increasing optimism on stock markets has become particularly relevant in the game carry-trade on the dollar. Investors sold bucks and buy other higher-yielding currencies or commodities. Moreover, the rate on dollar 3-month loan is lower than for the yen, and even easier to hold dollars.
today's trading on Asian markets mostly take place in a negative manner. Against the background of strengthening the yen against the dollar, the Japanese Nikkei index losing now -1.15%. The disappointing data came today from Australia, where the observed decline in July retail sales -1.0% and decrease the number of loans for construction or purchase of homes at -2.0%. Prices for Brent oil on Wednesday morning remained in the evening levels: $ 69.6 per barrel. Futures for the American indexes decrease now -0.42%.
Yesterday, U.S. stock indexes finished the day, adding a little less than 1%
Yesterday, U.S. stock indexes finished the day, adding a little less than 1%. Investors are not alerted the July data showed another decline in consumer lending in the U.S. (-10% y /y; $ 2.5 trillion.), Which continues to decline more than the previous month, showing a negative dynamic for six consecutive months. Market as a zombie continues to be optimistic to win back the idea that the economic crisis has left behind. Rising prices of basic commodities yesterday, supported the quotation of shares overseas mining and oil companies.
dramatic weakening of the dollar (EUR /USD 1,45), many market participants associated with the results of the recent London summit of G20, which agreed to continue to support monetary economies. Against the background of increasing optimism on stock markets has become particularly relevant in the game carry-trade on the dollar. Investors sold bucks and buy other higher-yielding currencies or commodities. Moreover, the rate on dollar 3-month loan is lower than for the yen, and even easier to hold dollars.
today's trading on Asian markets mostly take place in a negative manner. Against the background of strengthening the yen against the dollar, the Japanese Nikkei index losing now -1.15%. The disappointing data came today from Australia, where the observed decline in July retail sales -1.0% and decrease the number of loans for construction or purchase of homes at -2.0%. Prices for Brent oil on Wednesday morning remained in the evening levels: $ 69.6 per barrel. Futures for the American indexes decrease now -0.42%.
Conference on-line: Automotive Russia: only a miracle could save?
Significant positive factor for the growth of non-ferrous metals is the excess of gold level $ 1000 per troy ounce
In the market of raw materials there is a correction, which may be already after the first statement of OPEC meeting
Growth in the oil market, the depreciation of the dollar today should support Russia's indexes
Recommendations on RTS Index futures on Wednesday
Gazprom has completed the construction of the second leg of the pipeline Minsk - Vilnius - Kaunas - Kaliningrad
OPEC will cut quotas
China lift the ban on registration of foreign companies on the stock exchanges
Cabinet won auctions