The situation in Western markets is not very happy: the U.S. market yesterday, fell by 0,3-0,6% on major indexes, interrupting his two-day growth after a frankly negative financial reporting and projections for 2010-the year before the companies Pfizer and Ryder Systems as well as reducing the comparable sales in January, the company Walgreen.
News that the U.S. rating could be lowered from the highest in more reminiscent of a certain complacency on the part of rating agencies, which actively “threatening finger at”1000the American administration: that something must be done with a sharply deteriorating ratio of national debt and GDP, as in other countries with similar ratings (AAA), this ratio is not so lamentable. This is true, only the opportunity to attract investments from them while clearly inferior to the U.S.. On the U.S. market trades were dominated by negative moods. Those market participants who feared exit pessimistic macroeconomic statistics, decided to actively record profits, resulting in significant trading opened gepom down. Left on the number created in January of jobs were in line with expectations - decline was only 22 thousand compared to the expected 40 thousand, which is allowed to return to the index closing level on Tuesday, but the index of business activity in the service sector in January was weak, after which the market again yesterday went rasprodazhi.Takzhe strong influence on the market has had a message the agency Moody “s that the U.S. sovereign credit rating could be downgraded in the future from its current” Aaa “, unless additional measures are taken to reduce the budget deficit country . While the U.S. remains its top rating because of the high degree of economic and institutional security, but against a background of deteriorating relations between the size of government debt, the U.S. GDP and the revenues to the budget situation may change soon, as these indices in the U.S. may be worse than in other countries with the highest rating of “Aaa”.
Yesterday, the Dow Jones periodically approached the level of close of business on Tuesday, indicating investors” uncertainty in anticipation of data on unemployment, which will be published tomorrow. Other global trading ideas on the American market yet, but the main interest will be confined to corporate reports GlaxoSmithKline and MasterCard.
significantly reduced the capitalization of the largest U.S. life insurance company MetLife (-4,32%) after it entered the market information is the fact of negotiating for the purchase of American Life Insurance Company, owned by American International Group (AIG). The company has 19 million customers, operates in 50 countries that MetLife will radically expand its overseas business. Nevertheless, the agency SP, for example, a negative attitude towards the deal and promises to reduce the credit rating company MetLife, if the deal goes through.
The oil futures market yesterday suspended its two-day growth, significantly lost against the background of new government data that showed a low demand for oil. Yesterday”s figures from the Ministry of Energy showed a reduction in oil demand in January by 2% over the same period last year. While oil demand is not high enough compared with the previous year, despite the fact that several months have seen a slow improvement in the economy. All the same rate until the demand for petroleum products continues to be compared with the worst period of last year”s recession. The presented data yesterday, the Ministry of Energy confirmed that the improved economic situation in the U.S. has not yet manifested itself in the oil market. Inventories of distillates last week fell by 900 000 barrels, while economists forecast a decline of 800 000 barrels. Quotes March heating oil futures fell by 0.69% up to $ 2.02 per gallon. Now the attention of the market will be focused on the emerging data on Friday, the Labor Department on the number of jobs outside of agriculture in January, which is one of the most closely tracked economic indicators. Yesterday it became known that the number of jobs in the private sector of the U.S. in January decreased by 22 000, which was the least significant reduction in rate for the year.
Dollar fell - an overview of cash markets Energy, World Stock Market, Currency Forecast …
Index of the Frankfurt Stock Exchange Xetra DAX fell 0.52%, the index of the London Stock Exchange FTSE 100 fell by 0.69%
As leaders of the decline on MICEX today, shares of telecommunications segment
At 16.00 Moscow time the volume of trading in government securities market MICEX amounted to 63.15 billion rubles
After take-off earlier this week, the world”s leading stock index adjusted
Analysis - Results of the day
Forex on the European session
In the segment of Russian Eurobonds until a weak activity
Today, the MICEX index back down to the bottom of uplink