On Friday, Russia”s stock market is expected to release statistics from the U.S. and demonstrated lateral dynamics of bidding. Factor to the growth of beginning at 16:30 provided the data on changes in GDP per 4 quarter at 5.7% instead of the expected 4.7%. Then an additional factor to growth was made by publication of positive data on the growth index of business managers in Chicago and an indicator of consumer confidence at Michigan State University. As a result, the MICEX index closed again on an optimistic note on the value of items in 1419. As a result of the session the index grew at 0.92%, better than the market looked securities banking sector. In the oil and gas dynamics of quotations has been mixed, investors left the shares of Rosneft, Surgutneftegaz and Lukoil in the paper and Gazprom, because of increasing uncertainty about the return of deposits in Eastern Siberia these companies.
At the auctions in the U.S. observed the dynamics of the falling of quotations. The market ignored a favorable change in the GDP statistics, and decided to take profits. The reason for the decrease was the reduction of “risk appetite” among investors because of worsening geopolitical situation in the world and the continued withdrawal of negative corporate news from the technology sector, which on this against the background looked worse than the market. As a result of the auctions the index of wide market SP 500 fell 0.98%.
External background on Russia”s market opened moderately negative. Japanese Nikkei grew by 0.07%, Chinese Shanghai Composite is reduced by 1.51%. London Brent traded at a mark of $ 71.3 for the March contract. Currency pair EUR /USD is trading at 1.388. Futures on the U.S. S P500 grow by 0.3%.
Today, the dynamics of bidding will be determined by changes in the “risk appetite” of Western investors, which will affect the movement of quotes in the currency markets, and especially the dynamics of cross-rate euro /yen. In general, now the yen and the dollar looks overbought in the near future, we may well see a significant correction in their prices in favor of the euro. Bidders now pay attention to the value of indexes of business activity in the industrial area in Germany, the EU and the United Kingdom at 11:55, 12:00 and 12:30 Moscow time, respectively. Then adjust the basic market dynamics will change in publication costs and incomes in the United States at 16:30 Moscow time, after which the mood of the market will set the publication index of business activity in the manufacturing sector in the U.S. and the statement by Timothy Geithner at 18:00 Moscow time. At the moment, the stock and commodity markets look oversold, and quite possible a quick rebound in prices on them due to rising interest in risky assets in the world.
important indicator of the emergence of interest in the risk for investors will be the interpretation of the U.S. budget for the new year, which according to preliminary data will be scarce at 1.6 trillion. instead of the expected U.S. $ 1.3 trillion. because of the growth incentive programs designed to reduce unemployment in the country. Thus, after opening in negative zone, we expect the stabilization of trades on the MICEX index in the range of 1400-1410 points and the further growth of the index in the second half of the session.
| log in and see the material;;
3; user rated material at 3.
|
Analyst Ratings
|
Terminals iBox blocked for a week
Russia”s banking system a year working at a loss
Advertisement well itself shows
Steelmakers are returned to the modernization of production
The chances of bankruptcy physical persons tend to zero
few months ago, the most risky of Ukrainians were tempting idea to cheaply get rid of the unbearable credits …
Russia market remains one of the few world sites that are in positive territory since the beginning of the year
Another drop in oil prices once agad0cin is the main negative for the shares of Rosneft, Lukoil, Tatneft
Accelerating the reduction of quotations on the market of Russia in the coming days it is very likely
Rising futures on U.S. indexes suggest that Russia”s indexes can go in, plus the opening exchanges of America
At the moment the stock and commodity markets look oversold, and quite possible a quick rebound in prices
On Friday, Russia”s stock market is expected to release statistics from the U.S. and demonstrated lateral dynamics of bidding. Factor to the growth of beginning at 16:30 provided the data on changes in GDP per 4 quarter at 5.7% instead of the expected 4.7%. Then an additional factor to growth was made by publication of positive data on the growth index of business managers in Chicago and an indicator of consumer confidence at Michigan State University. As a result, the MICEX index closed again on an optimistic note on the value of items in 1419. As a result of the session the index grew at 0.92%, better than the market looked securities banking sector. In the oil and gas dynamics of quotations has been mixed, investors left the shares of Rosneft, Surgutneftegaz and Lukoil in the paper and Gazprom, because of increasing uncertainty about the return of deposits in Eastern Siberia these companies.
At the auctions in the U.S. observed the dynamics of the falling of quotations. The market ignored a favorable change in the GDP statistics, and decided to take profits. The reason for the decrease was the reduction of “risk appetite” among investors because of worsening geopolitical situation in the world and the continued withdrawal of negative corporate news from the technology sector, which on this against the background looked worse than the market. As a result of the auctions the index of wide market SP 500 fell 0.98%.
External background on Russia”s market opened moderately negative. Japanese Nikkei grew by 0.07%, Chinese Shanghai Composite is reduced by 1.51%. London Brent traded at a mark of $ 71.3 for the March contract. Currency pair EUR /USD is trading at 1.388. Futures on the U.S. S P500 grow by 0.3%.
Today, the dynamics of bidding will be determined by changes in the “risk appetite” of Western investors, which will affect the movement of quotes in the currency markets, and especially the dynamics of cross-rate euro /yen. In general, now the yen and the dollar looks overbought in the near future, we may well see a significant correction in their prices in favor of the euro. Bidders now pay attention to the value of indexes of business activity in the industrial area in Germany, the EU and the United Kingdom at 11:55, 12:00 and 12:30 Moscow time, respectively. Then adjust the basic market dynamics will change in publication costs and incomes in the United States at 16:30 Moscow time, after which the mood of the market will set the publication index of business activity in the manufacturing sector in the U.S. and the statement by Timothy Geithner at 18:00 Moscow time. At the moment, the stock and commodity markets look oversold, and quite possible a quick rebound in prices on them due to rising interest in risky assets in the world.
important indicator of the emergence of interest in the risk for investors will be the interpretation of the U.S. budget for the new year, which according to preliminary data will be scarce at 1.6 trillion. instead of the expected U.S. $ 1.3 trillion. because of the growth incentive programs designed to reduce unemployment in the country. Thus, after opening in negative zone, we expect the stabilization of trades on the MICEX index in the range of 1400-1410 points and the further growth of the index in the second half of the session.
3; user rated material at 3.
Analyst Ratings
Terminals iBox blocked for a week
Russia”s banking system a year working at a loss
Advertisement well itself shows
Steelmakers are returned to the modernization of production
The chances of bankruptcy physical persons tend to zero
few months ago, the most risky of Ukrainians were tempting idea to cheaply get rid of the unbearable credits …
Russia market remains one of the few world sites that are in positive territory since the beginning of the year
Another drop in oil prices once agad0cin is the main negative for the shares of Rosneft, Lukoil, Tatneft
Accelerating the reduction of quotations on the market of Russia in the coming days it is very likely
Rising futures on U.S. indexes suggest that Russia”s indexes can go in, plus the opening exchanges of America