Г‚В
In anticipation of today”s meeting, BoJ investors who bought in recent weeks, the U.S. currency for the yen, rather active fixed income, which in the end, apparently, affected the overall picture of the dynamics of the FX rate of USD in the last hours.
However, the outcome of the session the Bank of Japan have been generally quite expected in view of recent information received from representatives of the governing structures of the country.
The Japanese central bank left unchanged its base rate at 0.1% per annum. The importance of overcoming deflation, it was noted as “critical importance of the problem to the Japanese economy.” BoJ “not tolerate” preservation of the indicator of consumer prices in negative territory. It should be noted that the CPI the second economic power in the world at last count stood at -2.2% (g /g), the estimate of GDP of the country has recently been revised by the Government with a decrease to 1,3% (g /g) to 4 , 4% according to preliminary data.
To normalize the situation in the area of pricing pressures and create conditions for sustained economic recovery Bank of Japan, according to today”s statement by his leadership, will build an “extremely” soft “financial and credit conditions”.
Against this backdrop, the opening of today”s European session, quotes USD /JPY back to the mark close to 90.00, corresponding to levels of opening of tenders for this currency pair on Thursday. In general, the medium-term potential for further weakening of the Japanese currency to the USD remains.
Quotations segment and investment in the risk of “yesterday declined under the influence as the outcome of the December meeting of the FOMC, which clearly reflected the trend of scaling back of Fed policy actions within the so-called quantitative easing, and on the background of renewed growth indicators for assessment of market risks and price volatility.
Against this background, the relatively unfavorable demonstrated shares of the largest banks, the capitalization of this segment declined yesterday during trading on the American sites on average by 2%, and since the beginning of the second decade of December, the reduction of this figure was 3% versus 1% for the index S P500.
Continue to increase in credit default swaps quotes for instruments of public debt, which had begun in November of this year against the background of problems with the refinancing of Dubai World. As leaders of growth rates of credit risk in recent days, apparently, were CDR Greece.
Perhaps in the next few days, several technical factors will adjust the dynamics of this week”s “bearish” trend quotation EUR /USD. However, in terms of medium term, this trend still looks relevant.
From the macroeconomic data, published yesterday, it is worth noting quite favorable business climate index statistics in the industry, calculated by FRB Philadelphia. In December of this year its value has risen to a mark of 20.4 points versus 16.7 in November this year and the average forecast, equal to 16.0 points. U.S. index of leading indicators added in November of this year 0,9% (m /m) after a growth of 0,3% in the previous month. Awaits him at the market an average value was 0,8%.
It appears that such statistics to a large extent already been taken into account, as in the present rate the relative value of the dollar, and in the prices of investments in risk “.
Forex Market 21/12/2009
Latin America: closer to New Year”s rally had begun to fade
U.S.: Oracle of those markets the way …
Europe: statistics and high-tech sector could not lend a helping hand
Technical analysis of the MSCI Malaysia index fund
Asia: markets come in to land
The ultimate buyers ISD may be the shareholders of Evraz
Average for 2009 oil price of OPEC basket was the lowest in four years - 61,06 U.S. $ /bbl
Heineken buys FEMSA Mexican beer business for 5.3 billion euros
Forex Market 18/12/2009
Г‚В
In anticipation of today”s meeting, BoJ investors who bought in recent weeks, the U.S. currency for the yen, rather active fixed income, which in the end, apparently, affected the overall picture of the dynamics of the FX rate of USD in the last hours.
However, the outcome of the session the Bank of Japan have been generally quite expected in view of recent information received from representatives of the governing structures of the country.
The Japanese central bank left unchanged its base rate at 0.1% per annum. The importance of overcoming deflation, it was noted as “critical importance of the problem to the Japanese economy.” BoJ “not tolerate” preservation of the indicator of consumer prices in negative territory. It should be noted that the CPI the second economic power in the world at last count stood at -2.2% (g /g), the estimate of GDP of the country has recently been revised by the Government with a decrease to 1,3% (g /g) to 4 , 4% according to preliminary data.
To normalize the situation in the area of pricing pressures and create conditions for sustained economic recovery Bank of Japan, according to today”s statement by his leadership, will build an “extremely” soft “financial and credit conditions”.
Against this backdrop, the opening of today”s European session, quotes USD /JPY back to the mark close to 90.00, corresponding to levels of opening of tenders for this currency pair on Thursday. In general, the medium-term potential for further weakening of the Japanese currency to the USD remains.
Quotations segment and investment in the risk of “yesterday declined under the influence as the outcome of the December meeting of the FOMC, which clearly reflected the trend of scaling back of Fed policy actions within the so-called quantitative easing, and on the background of renewed growth indicators for assessment of market risks and price volatility.
Against this background, the relatively unfavorable demonstrated shares of the largest banks, the capitalization of this segment declined yesterday during trading on the American sites on average by 2%, and since the beginning of the second decade of December, the reduction of this figure was 3% versus 1% for the index S P500.
Continue to increase in credit default swaps quotes for instruments of public debt, which had begun in November of this year against the background of problems with the refinancing of Dubai World. As leaders of growth rates of credit risk in recent days, apparently, were CDR Greece.
Perhaps in the next few days, several technical factors will adjust the dynamics of this week”s “bearish” trend quotation EUR /USD. However, in terms of medium term, this trend still looks relevant.
From the macroeconomic data, published yesterday, it is worth noting quite favorable business climate index statistics in the industry, calculated by FRB Philadelphia. In December of this year its value has risen to a mark of 20.4 points versus 16.7 in November this year and the average forecast, equal to 16.0 points. U.S. index of leading indicators added in November of this year 0,9% (m /m) after a growth of 0,3% in the previous month. Awaits him at the market an average value was 0,8%.
It appears that such statistics to a large extent already been taken into account, as in the present rate the relative value of the dollar, and in the prices of investments in risk “.
Forex Market 21/12/2009
Latin America: closer to New Year”s rally had begun to fade
U.S.: Oracle of those markets the way …
Europe: statistics and high-tech sector could not lend a helping hand
Technical analysis of the MSCI Malaysia index fund
Asia: markets come in to land
The ultimate buyers ISD may be the shareholders of Evraz
Average for 2009 oil price of OPEC basket was the lowest in four years - 61,06 U.S. $ /bbl
Heineken buys FEMSA Mexican beer business for 5.3 billion euros