Mainland China is growing more than 4%
Oct 9th, 2009 | By admin | Category: News International Markets U.S. Market
U.S. markets continued to rally, due to good statistics and a good start of the season reporting. The company pleased investors Alcoa profit for the III quarter, which gave a sharp impetus to the growth of the world's playgrounds. Additional support markets have good data on unemployment looking out last night. Number of primary applications for unemployment insurance was at 33 thousand lower than forecast. The number of applications for unemployment benefits amounted to 521 000. However, it should be noted that any value of this indicator is above 300 000 is a depression. In addition, the number of applications is reduced mainly because people have already exhausted the limit requests for relief, but the work was not found. While the U.S. market optimism prevails, investors are looking for any excuse for shopping. If a few companies will show good results for the III quarter, then the rally may still continue. Financial markets are becoming more remote from reality.
Oil
Quotes oil rising against the background of general unbridled optimism. Despite the rather pale data on stocks that went before, and the apparent weakening of demand, the black gold does not want to take the level of $ 70 per barrel. Naturally stabilize prices in the oil market contributes to the weakening U.S. dollar.
Asia
Asian markets also did not remain aloof from the general optimism. Markets in the region responded to the rapid growth of the closure of the U.S. market and added an average of one and a half per cent. Mainland China is growing by more than 4%, which is caused by the effects of long holidays, when markets were closed.
End of the week promises to be busy on macroeconomic data Economists believe that the end of the year, real wages podtayut at 10-11 %...
Parliament of Ukraine has appointed Peter Poroshenko Foreign Minister
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The rapid growth of Russian indices may lead to short-term corrective wave of the market early next week
Due to a slight strengthening of the dollar, after a prolonged weakening, the RTS index looks better MICEX Index
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Factor Friday, investors will have the desire to partially fix for the week earned good profit
