World stock markets
yesterday on news of the unsuccessful placement of the Portuguese government bond euro fell to the lowest marks in May 2009. Concerns about rising budget deficits in several European countries concerned and the participants of the stock market reaction which also did not wait long - the world”s trading floors yesterday as a wave of “bearish” sentiment. From the comments by Jean-Claude Trichet, the data following its meeting the ECB, it was obvious that monetary authorities were aware of the scale of problems the euro area but also options for their effective solution has not yet been proposed.
not added optimism and released on Thursday statistics for the U.S. labor market. Thus, the number of American citizens, first applied for unemployment benefit for the week ended Jan. 31, unexpectedly rose to 480 thousand to 470 thousand, recorded a week earlier. Market participants, however, predicted reduction in the number of applications up to 455 thousand
main stock exchanges U.S. and Europe have collapsed yesterday at 2,2% -3,5%, stronger than the other indexes have fallen off Portugal, Greece and Spain, the reduction of which was about 6%.
Friday futures “on America” neutral. In the morning they show very modest growth, trying to rebound after yesterday”s fall of stock indices. As we approach the release of statistics in the U.S., we hope to see more clearly the dynamics of U.S. futures.
In general, no matter how the auction will be held today, the world”s markets are still some time will remain under pressure from the unstable economic situation in Greece, Spain and Portugal, which threatens to lead to a new not yet resulted in a crisis.
Metal Market
budgetary problems of European countries have strengthened political blockade is not the first day of corrective dynamics at the metal market. Yesterday, traders” screens were again painted in red.
On the London Metal Exchange nickel and zinc have fallen in price on Thursday at 3.4% each - up to $ 17,725 and $ 2,021, respectively. The fall in copper prices was 3% (6390 $). Lead dropped to 2,8% - to $ 1,964.5. Quotes of tin fell during the day on 2,6% - to $ 16,175. Aluminium lost 1.9% of market value (2044 $).
On Friday morning the major industrial metals are in no hurry to recover in price, most of the contracts continue to be kept in the negative territory.
oil market
Hydrocarbons also stayed away from the place in the world of adverse events and were a sell-off yesterday. The internal weakness of the oil market only exacerbated this effect.
By the end of trading day of the March contract London Brent dropped in price by 5% and stopped on the value of 72.13 dollars per barrel drop in the value closest neftefyuchersov mark WTI was appropriate, these contracts were fixed at around 73.14 dollars per barrel.
On Friday morning, “black gold” grows slightly in price, in the current environment investors are very cautious in their actions and the upsurge to wait until you have.
Index of the Frankfurt Stock Exchange Xetra DAX fell 1.27% index of the London Stock Exchange FTSE 100 fell by 1.71%
Reduction of today are headed by the action “metallurgists”: “Mechel” (-4,5%), Severstal (-4,1%), oil and gas securities lose about 3%
Trading volume on the MICEX derivatives market at 16:00 Moscow was 2,710,820,000 rubles
The new field in the Irkutsk region and the license to develop it give shares in Rosneft new growth potential
Bank of Russia on 8 and 9 February will hold auctions for the provision of bank loans without collateral
The meltdown in global stock markets intensified amid rising investor concern with the problems of sovereign debt of European countries
Ready for battle
Non-residents were left in debt
Asian indexes fell on Friday, the fastest pace in 10 weeks