Yesterday
Yesterday, the stock trades in Russia culminated in the growth of the entire range of securities. At the end of the trading the MICEX index rose by 5.59% - to 941.21 points and the RTS index - on 2,46% - to 887.85 points.
In the trading session on the Russian stock market was dominated by the positive dynamics. The trend of increase in the cost of oil prices and consequently to the further strengthening of the Russian national currency against the dollar and against bivalyutnoy basket supported market value of Russian stocks. During the day, quotes the most liquid shares have stabilized some of the price levels. However, in the second half of the day came on the market for new and positive signals in the form of the publication of positive macroeconomic indicators for the United States and we have witnessed a downward movement of local fracture. MICEX Index has completed tenders above the important resistance of 920 points. According to the established technical models, growth can continue until the level of 975 points.
U.S. market
Trades in the United States continued to rally which began the previous day. The optimism of investors connected with the unexpectedly good quarterly reports of Intel, which was published after the conclusion of the previous trading session. Intel Shares on the basis of trades went up by 7.2%. Also, a beneficial effect on the market had the Fed comments, which published the minutes of its meeting held on June 23-24. The Fed expects the imminent end of a recession, but recovery from the recession may be quite slow.
At the end of the trading index of blue chips Dow Jones Industrial Average rose 256.88 point, or 3%, to 8616 points. The index of wide market growth of SP 500 was closed at 26.84 point, or 2.9%, at around 932.68 points.
With regard to macro-economic statistics, it is the U.S. economy continues to set new records. For example, manufacturing in the U.S. declined for the month of June at 0.4% annual decline of 13.6%, which was another record since the summer of 1946. But worth noting that the theme of the fall in June slowed down a bit, for the quarter amounted to losses of manufacturing 3.0%, in the first quarter fall was 5.2%. Worst decline was in the construction sector, where production for the year decreased by 20.5% and in business equipment here in the fall of the year was 17.8%. Since the beginning of the crisis on the industry fell 15.1%. Capacity utilization fell to 68%, which has a minimum value in the history of the counting rate in 1967.
Consumer prices in the United States for the month of June increased by 0.7% annual drop in prices was the strongest since January 1950-year and amounted to 1.4%. The main contribution to the growth of prices was from energy prices, which for the month went up by 7.4%, while retail gasoline prices according to the EIA increased by 16%. The base price index (excluding energy and food) has increased over the month at 0.2% annual increase in the core price index fell to 1.7%. Higher prices due mainly to high oil consumer friendly shared their profits with GOLDMAN SACHS, which allowed Goldman to get a record profit from trading operations in the second quarter.
Oil
The price of oil rose on Wednesday above $ 61 a barrel through the U.S. Department of Energy report on oil and petroleum products in the country. Ministry of Energy reported that crude oil inventories last week fell by 2.8 million barrels. Analysts interviewed by Platts, forecasted decline in stock only at 2.1 million barrels.
As a result of trades on NYMEX August futures for the supply of oil WTI brand went up by 3.4% to $ 61.54 a barrel. This is the highest closing price since 7 July.
Asia
Stock Indexes Asia today demonstrate the positive momentum. Japanese Nikkei, rising more than 1.5%, the index of wide market Topix at 1.8%. Korean Kospi adds more than 2%. Chinese CSI 300 INDEX growing at 1.2%. On the mood of the players had a positive impact of the closure of American playgrounds.
Yen against the U.S. currency is now trading at 94.33 - 94.36 (0.87).
Today
External background at the opening of tenders in Russia - a positive. Sure the growth of American indices, the rise in prices above $ 61, the growing Asian site, of course, will support the domestic stock market. Considering all these factors, we expect the opening bid gepom up to 2-2,5%.
In the course of yesterday's auction MICEX index closed above the important resistance of 920 points. According to the established technical models, growth can continue until the level of 975 points.
We do not think that growth, we are seeing now is the beginning of sustained ascending trend. Shopping at these levels - not investment, and the game of rebound, about which we wrote a couple of days ago.
In the current situation, we continue to recommend investors wary of buying, because do not rule out another downward correction in the near future, which may occur suddenly or on a background of deteriorating macroeconomic situation, or a release of negative reports of American companies.
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2 users rated material at 3.
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Analyst Ratings
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The optimism of investors playing into the hands of competitors to the U.S.
United States: economic recovery in sight
Gas production in Russia dropped to 12.6% in 2009. To 2012g. grow by 7%
Morning gap at the Russian sites could become the best moment for the formation of short
At the Russian exchanges are expected to open with gepom up the RTS index to 2.4%
After the decline of oil is growing steadily: to mark Brent futures traded slightly above $ 63.5, to mark WTI futures are around $ 62.75
Against the background of positive dynamics of oil prices, the leaders of today may become a growth stock oil and gas companies
Outside the background before the opening of Russia's bid positive: America closed growth, Asia is traded mostly up
Today is the opening bid on the Russian stock market is expected to above previous levels
The opening bid on the Russian market is expected to gepom up to 2-2,5%
Yesterday
Yesterday, the stock trades in Russia culminated in the growth of the entire range of securities. At the end of the trading the MICEX index rose by 5.59% - to 941.21 points and the RTS index - on 2,46% - to 887.85 points.
In the trading session on the Russian stock market was dominated by the positive dynamics. The trend of increase in the cost of oil prices and consequently to the further strengthening of the Russian national currency against the dollar and against bivalyutnoy basket supported market value of Russian stocks. During the day, quotes the most liquid shares have stabilized some of the price levels. However, in the second half of the day came on the market for new and positive signals in the form of the publication of positive macroeconomic indicators for the United States and we have witnessed a downward movement of local fracture. MICEX Index has completed tenders above the important resistance of 920 points. According to the established technical models, growth can continue until the level of 975 points.
U.S. market
Trades in the United States continued to rally which began the previous day. The optimism of investors connected with the unexpectedly good quarterly reports of Intel, which was published after the conclusion of the previous trading session. Intel Shares on the basis of trades went up by 7.2%. Also, a beneficial effect on the market had the Fed comments, which published the minutes of its meeting held on June 23-24. The Fed expects the imminent end of a recession, but recovery from the recession may be quite slow.
At the end of the trading index of blue chips Dow Jones Industrial Average rose 256.88 point, or 3%, to 8616 points. The index of wide market growth of SP 500 was closed at 26.84 point, or 2.9%, at around 932.68 points.
With regard to macro-economic statistics, it is the U.S. economy continues to set new records. For example, manufacturing in the U.S. declined for the month of June at 0.4% annual decline of 13.6%, which was another record since the summer of 1946. But worth noting that the theme of the fall in June slowed down a bit, for the quarter amounted to losses of manufacturing 3.0%, in the first quarter fall was 5.2%. Worst decline was in the construction sector, where production for the year decreased by 20.5% and in business equipment here in the fall of the year was 17.8%. Since the beginning of the crisis on the industry fell 15.1%. Capacity utilization fell to 68%, which has a minimum value in the history of the counting rate in 1967.
Consumer prices in the United States for the month of June increased by 0.7% annual drop in prices was the strongest since January 1950-year and amounted to 1.4%. The main contribution to the growth of prices was from energy prices, which for the month went up by 7.4%, while retail gasoline prices according to the EIA increased by 16%. The base price index (excluding energy and food) has increased over the month at 0.2% annual increase in the core price index fell to 1.7%. Higher prices due mainly to high oil consumer friendly shared their profits with GOLDMAN SACHS, which allowed Goldman to get a record profit from trading operations in the second quarter.
Oil
The price of oil rose on Wednesday above $ 61 a barrel through the U.S. Department of Energy report on oil and petroleum products in the country. Ministry of Energy reported that crude oil inventories last week fell by 2.8 million barrels. Analysts interviewed by Platts, forecasted decline in stock only at 2.1 million barrels.
As a result of trades on NYMEX August futures for the supply of oil WTI brand went up by 3.4% to $ 61.54 a barrel. This is the highest closing price since 7 July.
Asia
Stock Indexes Asia today demonstrate the positive momentum. Japanese Nikkei, rising more than 1.5%, the index of wide market Topix at 1.8%. Korean Kospi adds more than 2%. Chinese CSI 300 INDEX growing at 1.2%. On the mood of the players had a positive impact of the closure of American playgrounds.
Yen against the U.S. currency is now trading at 94.33 - 94.36 (0.87).
Today
External background at the opening of tenders in Russia - a positive. Sure the growth of American indices, the rise in prices above $ 61, the growing Asian site, of course, will support the domestic stock market. Considering all these factors, we expect the opening bid gepom up to 2-2,5%.
In the course of yesterday's auction MICEX index closed above the important resistance of 920 points. According to the established technical models, growth can continue until the level of 975 points.
We do not think that growth, we are seeing now is the beginning of sustained ascending trend. Shopping at these levels - not investment, and the game of rebound, about which we wrote a couple of days ago.
In the current situation, we continue to recommend investors wary of buying, because do not rule out another downward correction in the near future, which may occur suddenly or on a background of deteriorating macroeconomic situation, or a release of negative reports of American companies.
2 users rated material at 3.
Analyst Ratings
The optimism of investors playing into the hands of competitors to the U.S.
United States: economic recovery in sight
Gas production in Russia dropped to 12.6% in 2009. To 2012g. grow by 7%
Morning gap at the Russian sites could become the best moment for the formation of short
At the Russian exchanges are expected to open with gepom up the RTS index to 2.4%
After the decline of oil is growing steadily: to mark Brent futures traded slightly above $ 63.5, to mark WTI futures are around $ 62.75
Against the background of positive dynamics of oil prices, the leaders of today may become a growth stock oil and gas companies
Outside the background before the opening of Russia's bid positive: America closed growth, Asia is traded mostly up
Today is the opening bid on the Russian stock market is expected to above previous levels