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According to the EPFR tendency to slow the flow of funds into emerging markets funds are still

Jul 10th, 2009 | By admin | Category: News International Markets

Trades in the United States and Europe have closed 9 July, a small growth stock index (within 0.5%). Recovery rates do not give macrodata and the cautious attitude of investors in the upcoming quarterly reports of companies. Asian markets today opened a small growth (index Nikkei - 0,12% by 9:30 Moscow time). Oil prices decline after one week at 10% showing divergent trends, Futures WTI traded at around U.S. $ 60.3 per barrel., Brent - 61,1 $ /barrel. Today will be published monthly IEA report on oil market. In June, experts have raised their forecast for energy demand, but on the July forecast, investors are doubtful.

According to the EPFR tendency to slow the flow of funds into emerging markets funds are still there. On the week ending July 8, witnessed the decline of investment in virtually all categories of funds, signaling that investors took a wait-and-see attitude. GEM Funds category for the week, attracted about 63 million dollars, which is an order of magnitude smaller than the mean value in April-June. In the BRIC funds received 68 million dollars from Chinese investors withdrew funds 431 million dollars under still positive inflow occurs in the Indian funds (53 million U.S. $per week), and Russia funds have recorded although very small, but the positive flow of 3 million U.S.

Yesterday at the G8 summit in Akvile heads of the major economies of the world endorsed the Global Agenda. In the Group of Eight includes Brazil, Mexico, China, India, South Africa, Egypt, Australia, Indonesia and South Korea.

Asia: mining companies reverse the negative momentum
The course is kept buying the dollar unchanged - a daily review of the cash markets
Cabinet promises to the IMF every quarter to adjust the price of gas for the population
Tymoshenko: The forecast of inflation in Ukraine in 2009 improved to 13%
Poland plans to reduce the budget deficit in 2010 accelerated privatization
Analysis - Results of the day
The greatest decline is observed in the electricity sector, less oil and gas sector falls
In the Russian market still possible rebound upward, but the situation is dependent on foreign markets
The leaders are reducing paper Polyus Gold, and preferred shares Sberbank

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