pause or caution?
started trading session, from 1-2% gepa up quotes leading securities very quickly went to increase, reaching average levels of the previous day. In our view, this is due to the trivial closure of short positions that are open overnight, for a strong fall in U.S. indices. Vast drop in the States has not happened, and the morning of Brent oil rose toward $ 76/barr, it brought our share of 3-5% growth in the morning. However, after 12 hours, quotes leading securities were blown off. MICEX Index on 15-00 adds only 0.65%.
Double canopy prevents sellers today to share the players to new heights. Guilt to a number of reasons. Affects the reluctance to risk and play in the promotion, without further support from the foreign exchange market. Dollar rate has stabilized in the region of 1.44, while the ruble to a basket bivalyutnoy also tends to weaken the (37,38), rather than to strengthen it. Another factor reducing the risk of investor interest, may be fear that the weak labor market data from the United States, which we have seen in recent times, it is correct optimism on world stock exchanges. And finally, the most trivial reason for this afternoon's falling of quotations of our securities is their banal correction in order to reach higher levels.
Prices for oil and industrial metals this afternoon had breathing space, after they reach the maximum marks in this year. Today, the commodity sector rests after the rally the past few days: Brent -0,3%, nickel -2.6% -2.2% copper. Shares of our banks today traded slightly better than the rest of the market, thanks to good demand in this sector in the western markets.
The Bank of England left rates unchanged at 0.50%, indicating an increase in the quantitative program to mitigate the 50 billion pounds to 175 billion pounds. This caused a strong movement in the foreign exchange market: the pound /dollar has lost 150 points, ruhnuv up to $ 1,683. Now the market is waiting for a press conference the ECB Chapter M-C. Trichet, therefore, possible volatility and euro. In the 16-30 come from the United States, traditional data applications for unemployment benefits. I think that before the end of the day the market will maintain current levels, but it may be, and slightly above.
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Analyst Ratings
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The most likely scenario of futures on RTS index - sample of 100 000 and the resumption of the downward movement in the area of 90 000
In the 2 quarter of 2009 consolidated revenues of STS Media has fallen by 34% to $ 113.9 million
Precious metals market review for 05.08.09
Asian markets show positive dynamics
Psychological reasons for the correction of a good present for all the major stock market areas
The index of the Frankfurt Stock Exchange Xetra DAX rose by 42.25 point, the index of the London Stock Exchange FTSE 100 rose 58.37, paragraph
Bank of Moscow for Far East generating company credit of $ 4 billion rubles
Foreign trade of Russia in the 1 half of 2009 fell by 45% #8206, to $ 196.3 billion
The Bank of England said that the economic slowdown in the country deeper than expected
The Bank of England left rates unchanged, causing a strong movement in the foreign exchange market: the pound / dollar has lost 150 points, ruhnuv up to $ 1,683
pause or caution?
started trading session, from 1-2% gepa up quotes leading securities very quickly went to increase, reaching average levels of the previous day. In our view, this is due to the trivial closure of short positions that are open overnight, for a strong fall in U.S. indices. Vast drop in the States has not happened, and the morning of Brent oil rose toward $ 76/barr, it brought our share of 3-5% growth in the morning. However, after 12 hours, quotes leading securities were blown off. MICEX Index on 15-00 adds only 0.65%.
Double canopy prevents sellers today to share the players to new heights. Guilt to a number of reasons. Affects the reluctance to risk and play in the promotion, without further support from the foreign exchange market. Dollar rate has stabilized in the region of 1.44, while the ruble to a basket bivalyutnoy also tends to weaken the (37,38), rather than to strengthen it. Another factor reducing the risk of investor interest, may be fear that the weak labor market data from the United States, which we have seen in recent times, it is correct optimism on world stock exchanges. And finally, the most trivial reason for this afternoon's falling of quotations of our securities is their banal correction in order to reach higher levels.
Prices for oil and industrial metals this afternoon had breathing space, after they reach the maximum marks in this year. Today, the commodity sector rests after the rally the past few days: Brent -0,3%, nickel -2.6% -2.2% copper. Shares of our banks today traded slightly better than the rest of the market, thanks to good demand in this sector in the western markets.
The Bank of England left rates unchanged at 0.50%, indicating an increase in the quantitative program to mitigate the 50 billion pounds to 175 billion pounds. This caused a strong movement in the foreign exchange market: the pound /dollar has lost 150 points, ruhnuv up to $ 1,683. Now the market is waiting for a press conference the ECB Chapter M-C. Trichet, therefore, possible volatility and euro. In the 16-30 come from the United States, traditional data applications for unemployment benefits. I think that before the end of the day the market will maintain current levels, but it may be, and slightly above.
1 users rated material 5.
Analyst Ratings
The most likely scenario of futures on RTS index - sample of 100 000 and the resumption of the downward movement in the area of 90 000
In the 2 quarter of 2009 consolidated revenues of STS Media has fallen by 34% to $ 113.9 million
Precious metals market review for 05.08.09
Asian markets show positive dynamics
Psychological reasons for the correction of a good present for all the major stock market areas
The index of the Frankfurt Stock Exchange Xetra DAX rose by 42.25 point, the index of the London Stock Exchange FTSE 100 rose 58.37, paragraph
Bank of Moscow for Far East generating company credit of $ 4 billion rubles
Foreign trade of Russia in the 1 half of 2009 fell by 45% #8206, to $ 196.3 billion
The Bank of England said that the economic slowdown in the country deeper than expected