Forex on the European session

index of the Frankfurt Stock Exchange Ksetra Daks (Xetra DAX) has grown by 11.34 points (0.22%) and is at the level of 5258.62. The index of London Stock Exchange Futsi 100 (FTSE 100) rose by 27.91 points (0.61%) and is at the level of 4587.71. The index of the Paris Stock Exchange BuyThisBook 40 (CAC 40) rose by 9.76 points (0.29%) and is at the level of 3383.48. September futures on the index S & P 500 (SP 500) at Globekse (Globex) rose by 2.3 point at 971.2. Opening of the American stock index today is expected to top.

pound /dollar fell to the European session, up to 1.6410, which is 130 points below the current maximum. Rate euro /pound rose 100 points to 0.8672. The negative impact on the pound had the data in the UK, the index of the GDP for the second quarter was far below the projected level.

Preliminary index of gross domestic product (GDP) in the UK for the second quarter of 2009 was -0.8% for the quarter, -5.6% for the year (forecast was -0.3% for the quarter, -5.2% for the year, the previous value of -2.4 %for the quarter, -4.9% for the year).

At the same time, the euro /dollar has risen by 60 points to 1.4251. Support for the euro provided evidence of an increase in business activity in the European region. The index of business activity of the Institute of German IFO (Business climate index) in West Germany for the month of July amounted to 87.3 (forecast was 86.6, the previous value of 85.9).

Today

expected output the following data:

at 13:55 GMT - final consumer sentiment index from the University of Michigan (Michigan sentiment index) in the United States for July (65.5 prognosis, pre-value 64.6).

EBRD: The deep recession in 2009 are expected in Russia, Romania, Turkey and Ukraine
Rada refused to instruct the Cabinet to provide funding for the AIC no less than 10% of GDP in the draft state budget-2010
The most powerful of the day were shares of Surgutneftegaz, the prices of which had grown up almost 2%
Throughout the week there was a demand for shares InterRAO, magnet (as a security tool), and coal companies
Europe: poor reporting record profits, gave rise to the termination
Factor Friday led to the closure of Russian divergent indices reverse the positive trends in oil prices
United States: Skeletons in the closet season statements have not slowed the movement of the indices
Opinion: Course of the dollar might rise due to the elimination of Ukrprombank
NERC has raised gas prices by 20% for the population in September and 20% for teplokommunenergo October



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