One of the key events of the previous day was meeting the ECB. As expected, the rate was maintained at the same level of 1%, while the European Central Bank head Jean-Claude Trichet has described its current level as appropriate. Thus, the head of the ECB made it clear that sees no need to change the level of rates in the coming months. He said the economy will remain weak in 2009, after the stabilization phase of a gradual recovery is expected to increase in the quarterly estimates of GDP in 2010. Trichet predicts that price pressures would remain cautious: rates of inflation in annual terms, is to remain negative before you become positive later this year. Even before the announcement of the results of meetings of the ECB market was clear that with ongoing deflationary process and to encourage lending to the real sector, the ECB will not change the ongoing monetary policy, the comfortable environment for lending. Trades in Europe culminated in the growth of about 1%. The prospects for the conservation rate of the ECB at the current level and to further encourage lending in the region have become an occasion for the game against the euro. dollar appreciation could lead to a reappraisal of current investments in risky assets, primarily in raw materials, thus triggering a wave of correctional reduction.

American trading session ended with a slight decline. Dow index has lost 0,27%, SP - 0,56%. The concern of investors is the upcoming publication of data on the labor market. According to forecasts the pace of job losses should be reduced, but the unemployment rate rise from 9.5% to 9.6%. It is possible that the rise in unemployment would be more significant that, in particular, confirmed the data on employment in the private sector (report ADP), released on Wednesday. The head of the Fed Ben Bernanke does not exclude that the end of the year it will reach 10%, which is a serious problem for reconstruction of the country.

In Asia, sales in equity markets intensified, but investors remain optimistic about the recovery of world economy, which does not develop full-fledged correction in equity markets, even in spite of the universal understanding of the current perekuplennosti. The main negative on the markets has brought the corporate statistics. MSCI Asia Pacific Index fell by 1%. The main outsiders in the market are metallurgists, which plays against the decline in the price of the metal. In addition, there is a fixation of profits in the banking sector, which in spite of the best in comparison with the financial projections of the results, an increase in bad debts.

Grain osyadet in regions
From 31 July to 7 August in the primary market of Kiev real estate prices for one-room apartments fell to 0,02% to 14,4 thousand hryvnia per square. m
Forex - Asia
The Russian market is accumulated capacity reduction caused by the desire of bidders to record profit
In the short run may preserve the negative dynamics of Russian stock market
Bank of Russia will hold 10 and 11 August auctions for banks to provide loans without collateral
Reduce by boosting the dollar and the euro - in the market of the major base metals yesterday
From 31 July to 7 August, the rental rates on one-room apartments of Kiev has increased by 0,9%
Ministry of Economy: Money supply to Ukraine in July fell by 0.1%