Market United States

At the auction in the U.S. we are seeing the continuation of the rally last week. Growth factors have become optimistic quarterly reports of American companies and confidence that the company CIT Group will be able to avoid bankruptcy due to new financial injections. CIT Board of Directors has reached an agreement with the largest holders of bonds of companies that have expressed willingness to provide bridge financing for the $ 3 billion CIT Group Shares on the basis of trades soared 85.7%.

In States reporting season continues. By July 17, his report is published 55 companies whose shares are included in the estimated base SP 500 index. Financial performance 71% of these companies exceeded expectations of analysts on Wall Street. On Monday, the corporate calendar was not very crowded. The company Hasbro Inc. reported an increase in profit in II quarter at 5%, the rate of return in terms of share exceeded expectations. Paper companies went up by 4.2%. Nefteservisnaya company Halliburton reported a decline in profits by 48%, but its record was still above forecasts. The company grew by 4.4%.

Economic data also give reason for optimism. The index of leading U.S. economic indicators, calculated research organization Conference Board, rose in June of 2009 by 0,7% compared to the previous month. Analysts expected the index to rise to 0.5%.

From the technical point of view we can see the consolidation of SP 500 index at the level of 940-950 points from a possible implementation of the double peaks and the slide to 870 pm.

Oil

The price of oil rose slightly on Monday under the influence of divergent factors. On the one hand, quite optimistic quarterly reports of American companies offer the hope that the U.S. economy is close to recovery. This factor has a positive effect on the oil market. Meanwhile, energy demand remains low, and analysts predict an increase in stocks of petroleum and petroleum products in the United States.

As a result of trades on NYMEX August futures for the supply of oil WTI brand went up by $ 0.42 to $ 63.98 a barrel. Futures for the supply of oil brand Brent in London rose by $ 1.06 to $ 66.44 a barrel.

Asia

Stock Indexes Asia today demonstrate the positive momentum. Japanese Nikkei, rising more than 0.5%, the index of wide market Topix at 1.2%. Korean Kospi adds more than 0.6%. Chinese CSI 300 INDEX growing at 0.2%. 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 93.80 - 93.9.

Owners of gambling halls are not exempt leased premises
The course is kept buying the dollar unchanged - the morning review of cash markets
Ports earned through the fall hryvna
Kommersant: Verkhovna Rada may restrict the work of foreign banks
Sales of home appliances in Ukraine dropped by 60%
What Europe wants credit for gas
Villagers harvest crumble
According to the financial results of Caterpillar will be judged on activity in the construction industry around the world
The main event of the day - it has chapters FRS Ben Bernanke on monetary policy before the representatives of the U.S. Congress