MICEX today will try to get closer to the mark of 1400 points
Feb 25th, 2010 | By admin | Category: News and CommentsAll positive market today gather bank shares
Despite the negative makrostatistiku Real Estate Market, yesterday, U.S. stock indexes managed to finish the day in the zone of moderate growth. For investors buying inspired speech of U.S. President Barack Obama, which indicates that the White House intends to allocate $ 30 billion of TARP funds to support small businesses and give tax breaks and give tax breaks for investments. The Fed yesterday agreed to once again leave the rate unchanged (0.25%), and promised not to raise it for a long time. At the same time the Fed repeated that the program of purchases of mortgage securities will be completed by the end of March. In general, the Fed"s comments were markedly more optimistic, although the release was not mentioned about the stabilization in the housing market.
Investors drew attention to the fact that the head of the FBI Kansas City, Thomas Hoenig is not supported by his colleagues on the FOMC and voted against the promise to keep rates low for a long time. This strengthened the position of the dollar. During today"s trading in Asia reported a decline of the euro to a minimum of $ 1.3935. The position of the single European currency continues to crush the debt problems of Greece and other eurozone countries. On the strong dollar, we see stagnation in commodity prices: Brent $ 72,4 /barrel, nickel $ 17,950 /ton, copper $ 7010 /t.
opening of trading on Russia"s stock market on Thursday we will see in the positive zone. Low demand for petroleum products in the United States will press on the energy market. This means that even on a positive external background of our shares of oil companies will not have substantial incentives to growth. The same applies to the shares of mining companies. But who today would be in favor with the players - a bank"s shares. I think that the paper of the electricity sector also continue to climb. MICEX today will try to get closer to the mark of 1400 points.
Before trading in the United States will provide quarterly reports: 3M, AT T, Motorola, Procter Gamble, Potash. In the 13-00 waiting for data from January"s eurozone economic sentiment index (forecast: 92.3), confidence in the industrial sector (forecast: -15), consumer confidence (estimate: -15), and the business climate indicator (forecast: -1, 10). I believe that the weak data could again weaken the position of the euro. At 16-30 in the U.S. went traditional data applications for benefits b /d (estimate: 452 thousand) and the December data on orders for durable goods (forecast: 2.0%).
| log in and see the material;;
6; users rated material at 4. |
b53 Analyst Ratings |
Publicly traded on the market of Russia can be expected to break up on 0,5-0,75%, due to optimistic external background
"Sibur" and Japanese "Yokogawa Electric CIS" agreed on a three-year supply of equipment for automation of petrochemical industries
Forex: euro again antihero, pierced lows in July
A single European currency in today"s Asian session, the newly updated many months lows against the U.S. dollar
Forex Market 28/01/2010
Ministry of Agriculture lobbies for cheaper fertilizer
Dollar exchange rate is saved without changes - a review of cash markets
Nabucco fill from Azerbaijan and Iraq
Soros has supported the banking reforms Obama
