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On Thursday, oil prices falling

Sep 24th, 2009 | By admin | Category: News International Markets

Trades in the United States opened raznonapravlenno, however, reporting on U.S. fuel inventories unexpectedly made adjustments to the alignment of forces on both sides of the ocean. Larger-than-expected growth of oil reserves in the United States led to the collapse of commodity prices by almost 4%. U.S. Department of Energy reported that oil reserves in the country last week rose 2.8 million barrels. According to the Institute, API, released yesterday, last week's oil reserves increased by 200 thousand barrels., While the market expected them to decline to 1.5 million barrels. As a result, U.S. indexes went into negative. European markets lost the day arrived and closed an average of zero change.

Despite the optimistic statements of the U.S. Federal Reserve on the basis of a two-day meeting (rate maintained at the same level, as expected), the country's stock index fell by 0,7 - 1,0%. The Fed said that interest rates will stay low for a long time, the forecast for inflation is unchanged. Office noted signs of recovery in the U.S. economy.

On Thursday, oil prices are falling, on average by 1%. WTI futures dropped to a mark of 68.30 dollars per barrel., Futures for Brent - up to 67.4 dollars per barrel. Most of the indices of the Asia-Pacific region are in the negative plane, look worse than the market shares of oil and mining companies. Exception is the index Nikkei (1,7%), during the three festive days of missed the growth of world markets and are reducing the gap from its competitors.

Analytical review of the Forex Market for September 23
Forex Market 24/09/2009
Investors fear that the dollar will lose its role as a major global reserve currency
Higher pricing
AZS - against the state gasoline prices

alleged that it kills their business ...


Indices in the U.S. fell on Wednesday because of fears that the Fed has exhausted the means to stimulate the economy
Russia's indexes are adjusted for the negative external background, but the possibility of rebound in the second half of the day is saved
Speculative recommendation on shares of Polyus Gold, Gazprom, Lukoil, Sberbank and VTB
Conference on-line: The bottom of the crisis passed? View from the Regions

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