Since the beginning of the week on the restoration of the leading stock markets continued. In addition to signs of recovery in the world economy, the optimism of investors supported the growth of activity in the sector mergers and acquisitions, testifying thereby to stabilize the situation in the business environment. However, it should be noted that without American players, who yesterday celebrated Labor Day, yesterday's auction had lost a substantial part of liquidity, giving speculators more freedom. As a result, on continued during the whole of the European session, the strong euro, the temporary support received quotes of raw materials, which, in turn, allowed domestic indexes rise more than 2%. We believe that with the release of American players and the placement of treasuries volume of $ 70 billion, the pressure of the main commodity assets and stock indices will increase, in the case of Russia's market, may reduce the major indexes in the next few days to 3-4%.
According to the results of yesterday's auction MSCI World Index added 0.9%, driven by news of large-scale mergers (Kraft Foods made an offer Cadbury), as well as assurances of G20 finance ministers on the conservation programs for economic incentives. It should be noted that the activation of the Gaza MA is one of the most compelling evidence of the restoration business.
Today at the auctions in Asia, there is still an optimism among the players. The regional benchmark MSCI Asia Pacific adds 0,6%. The main reason for buying served as the growth in business confidence in Australia jumped to a record over the past six years level. As leaders of growth - banks and technology sector.
After yesterday's rise of the euro against the dollar, as well as the market seized the idea of economic renaissance, the quotations of raw materials had been able to achieved levels yesterday. Oil prices have stabilized near the mark of $ 68 per barrel. Nevertheless, the danger of the resumption of sales of raw materials is still high in anticipation of OPEC, as well as the end of the driving season in the United States. Moreover, against the backdrop of the upcoming placements treasuries in the amount of $ 70 billion, demand for U.S. currency will rise, contributing to its strengthening, which could increase pressure on the quotes of black gold.
Today, market participants are awaiting the results of the meeting of the member countries of oil cartel OPEC in Vienna Past week ago, price increases for bread in Kiev may be the last for the industry in the medium term …
Speculative recommendation on shares of Polyus Gold, Gazprom, Lukoil, VTB and Sberbank
Recommendations on RTS Index futures on Tuesday
The mood of America after the weekend and the dynamics of the oil market will determine the direction of Russia's market close
Receivables from sales companies to MRSK Center rose to 6.14 billion rubles
Growth in Japanese bank lending continues to decline the eighth consecutive month
Spot price of gold exceeded $ 1000 per ounce
Bread risen to stability
The stock market crept higher