In the Forex market opening of the new trading week again marked decline of the dollar. Currently, the euro /dollar almost entirely played its last Friday's decline, when the U.S. dollar was able to show growth, which many argue is only a minor correction. It should be noted that last Friday, 16 October, the euro did not help and the usual positive macroeconomic data, which, incidentally, the day came out, mostly in the United States. Thus, industrial production in September showed reduction to 0.7%, which was unexpected, as analysts predicted decline to 0.2%. He grew up and the index of capacity utilization: 70.5 points in September, against 69.6 in August. But it was not without fly in the ointment: consumer sentiment index showed the decline in September to 69.4 points against 73.5 last month. From Europe to the day came, only data on the trade balance, which showed a strong decline to-E4.0 billion, which also contributed to the decline of interest to the single currency. It is worth noting that the common interest to the risks from bidders remained, and on Friday, because, for example, the British pound in a pair with the dollar, still demonstrated aggressive growth.
Trades on Monday, October 19, occur in the green zone. Today's macroeconomic calendar rather poor, so analysts expect moderate trading, which probably will not allow the euro to gain a foothold above the long-awaited mark of 1.50. The most interesting event on Monday is B. Bernanke speech on economics at the Federal Reserve conference in California, as well as the index of the housing market, which will be published later.
The upcoming week will be volatile, the shares of Gazprom and Rostelecom can upgrade the local maxima Energy, World Stock Market, Currency, Weather …
As leaders of the growth of the second day to keep the paper Rostelecom, worse than the market today traded shares of OGK-5 and Mosenergo
The banking sector is behaving rather low: Sberbank (2,59%), VTB (2.38%)
If the day ends above 1320 mark n. MICEX index, there is no reason to record profits
During 9 months of 2009 and ChTPZ PATH reduced otruzku pipe production by 34% - up to 825.8 thousand tons
Review of the precious metals market for 16.10.09
Analytics - the outcome of the day
Despite continued talk of a correction, clear signals about its early onset yet
The afternoon auction of the weakness of the information background forces bulls and bears are approximately equal