global equity markets
In connection with the fragile economic recovery, high unemployment and low inflation, interest rates should stay low for a long time - this is the head of the Federal Reserve Bank of New York, William Dudley. He believes that growth will likely not be strong enough because of the low level of consumer spending, the weakness of the banking system, a substantial budget deficit. Our focus in the short term should be placed on maintaining the significant monetary stimulus, - said William Dudley. Apparently, thus the head of the New York Fed made it clear that in the short term, the U.S. Fed does not plan to raise the key interest rate.
Major U.S. stock indexes finished the last trading on an optimistic note on the data on the state of the U.S. service sector. Increase amounted to about 1% -1.5%.
Posted on Monday, the index of business activity in non-productive sector of the U.S. (ISM Non-Manufacturing) in September rose to 50.9 points from 48.4 points a month earlier. American experts, on average, forecast growth of up to 50 points. Recall that the index values in excess of 50 points indicates the rise of business activity.
Drivers are growing at yesterday's trading were the financial sector securities of companies that go out after Goldman Sachs recommended buying shares of major banks.
Asian indices, using the support of primary sites, are also traded on Tuesday mainly on the green area. In addition to the commodity market companies better market in Asia feel bank shares, which repeats the overall picture of trades in the U.S. yesterday.
Metal Market
Monday, October 5, industrial metals traded on the London Stock Exchange, most of them closed in the negative region. Positive attitude that prevailed in world stock markets, was unable to support quotes base metals.
Losers - lead. The metal prices have fallen by 1,2% and entrenched in the 2090.5 mark per barrel. Contracts for aluminum, tin and zinc have fallen in price by 0,8% (1790 $), 0.5% ($ 14,200) and 0,4% (1872 $).
Positive changes in market value recorded yesterday, nickel and copper prices increased by 1,5% ($ 17,750) and 0,7% (5920 $), respectively.
the morning of Tuesday, all industrial metals, without exception, Expensive.
Market Oil
trading session Monday hydrocarbons completed minor changes in different directions quotations.
The November Brent crude contracts fell in price by 0,04%, recording a mark of $ 68.04 per barrel. Neftefyuchersy class WTI prices increased by 0,66% and stopped on the value of 70.41 dollars per barrel.
During the session, supported by weakening the dollar, the good statistics from the United States and the subsequent rise of the global stock market value of the areas of black gold had overcome a mark of 71 dollars per barrel.
On the morning of Tuesday, oil futures for the second consecutive day on a weaker dollar are trying to get into the positive region.
Analytics - the outcome of the day
Energy, World Stock Market, Currency, Weather …
Short-term growth potential is not exhausted in many papers, not yet fired shares Gazprom and Lukoil
Given the positive attitude on the world markets, Russia's indexes continue to bargain in Comma delimited with prior to bidding in the U.S.
VTB accounts for 9 months of 2009 according to RAS provided the bank shares a good growth of quotations - more than 5%
Today, the world currency market the dollar against the euro reduced
Pynzenyk: Economy will fall more than the most pessimistic forecasts
Forex on the European session
Favorable internal and external environment stimulates further growth of quotations of the debt market instruments
Against the background of strengthening the ruble good results demonstrated the growth of paper banking segment