Trading on the Russian market is becoming more sluggish: after a very dynamic start of the week we are seeing a natural cooling volatility. As a result, after yesterday morning's optimistic quotes gepa up gradually began to slide into negative zone, with the evening, after the negative news on the U.S. economy, pessimism began to look quite reasonable. First of all, the data actually reaffirmed the U.S. GDP in the I quarter, which turned out to be ultimately -5.5%, which is only slightly below the initial value of -5.7%. In addition, we see continued growth in employment: not only the current data come worse than forecasts, but even earlier had been revised in the direction of growth. Thus, the amount of solvent of American consumers is gradually reduced and, moreover, reduced the number of those who can still maintain their credit.
However, the reduction of rates and programs of quantitative easing has done their job, and in such circumstances, some negative data to fall short. As a result, we have seen tonight the growth of American indices, the market also has a chance to continue growing. From a technical point of view, the MICEX index was caught between holes ascending trend since the beginning of the year, and holes are not top-down trend, built from the beginning of this month. That is possible and the movement up and down, and the market may be some time to choose the direction of movement, being caught between two opposite trends.
Today
leading world markets on Thursday showed mixed trends: German DAX -0,73%, Britain's FTSE -0,64%, DJIA 2,08%. Asian markets this morning are growing, while Japanese Nikkei225 adds 0.94%. Futures on the S P500 reduced by -0.24%.
Pair EUR /USD is in the € /$ 1,4060, while USD /JPY - in $ /#165; 95.86. Gold is $ 942.75 per troy ounce, silver - $ 14.16 per troy ounce, Copper - $ 5,113, and nickel - $ 15,560 per metric ton.
Yield for UST-2, 1,12; for UST-10 3,57.
Oil Prices in the last 24 hours have increased by $ 1.68 to $ 70.36 a barrel varieties Brent.
So, today we are waiting for multidirectional changes of quotations of securities with a probability of growth.
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Analyst Ratings
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Officials will establish a register of coal mines
Federation of Employers of Ukraine appealed to the president requesting vetirovat a bill to eliminate the adverse impact of financial crisis
What is worse, the better
The Russian market has a chance to close in positive territory, but the chance to play a week's loss is small
Russian indices will gradually decline in anticipation of the opening session in the United States
Index MICEX today will be in the range of 950-980 points
Banks Futures again the focus of investors
Magnet will pay dividends in the amount of 1.46 rubles per share for 2008 and 4.76 rubles per share for the 1 st quarter of 2009
Trades in the United States on Thursday, June 25, closed a significant increase in the indices
The Russian market is caught between two opposing trends, and may for some time to choose the direction of movement
Trading on the Russian market is becoming more sluggish: after a very dynamic start of the week we are seeing a natural cooling volatility. As a result, after yesterday morning's optimistic quotes gepa up gradually began to slide into negative zone, with the evening, after the negative news on the U.S. economy, pessimism began to look quite reasonable. First of all, the data actually reaffirmed the U.S. GDP in the I quarter, which turned out to be ultimately -5.5%, which is only slightly below the initial value of -5.7%. In addition, we see continued growth in employment: not only the current data come worse than forecasts, but even earlier had been revised in the direction of growth. Thus, the amount of solvent of American consumers is gradually reduced and, moreover, reduced the number of those who can still maintain their credit.
However, the reduction of rates and programs of quantitative easing has done their job, and in such circumstances, some negative data to fall short. As a result, we have seen tonight the growth of American indices, the market also has a chance to continue growing. From a technical point of view, the MICEX index was caught between holes ascending trend since the beginning of the year, and holes are not top-down trend, built from the beginning of this month. That is possible and the movement up and down, and the market may be some time to choose the direction of movement, being caught between two opposite trends.
Today
leading world markets on Thursday showed mixed trends: German DAX -0,73%, Britain's FTSE -0,64%, DJIA 2,08%. Asian markets this morning are growing, while Japanese Nikkei225 adds 0.94%. Futures on the S P500 reduced by -0.24%.
Pair EUR /USD is in the € /$ 1,4060, while USD /JPY - in $ /#165; 95.86. Gold is $ 942.75 per troy ounce, silver - $ 14.16 per troy ounce, Copper - $ 5,113, and nickel - $ 15,560 per metric ton.
Yield for UST-2, 1,12; for UST-10 3,57.
Oil Prices in the last 24 hours have increased by $ 1.68 to $ 70.36 a barrel varieties Brent.
So, today we are waiting for multidirectional changes of quotations of securities with a probability of growth.
2 users rated material at 4,5.
Analyst Ratings
Officials will establish a register of coal mines
Federation of Employers of Ukraine appealed to the president requesting vetirovat a bill to eliminate the adverse impact of financial crisis
What is worse, the better
The Russian market has a chance to close in positive territory, but the chance to play a week's loss is small
Russian indices will gradually decline in anticipation of the opening session in the United States
Index MICEX today will be in the range of 950-980 points
Banks Futures again the focus of investors
Magnet will pay dividends in the amount of 1.46 rubles per share for 2008 and 4.76 rubles per share for the 1 st quarter of 2009
Trades in the United States on Thursday, June 25, closed a significant increase in the indices