Oil continues to fall: to mark Brent futures traded slightly above $ 66.5
By admin at 3 July, 2009, 1:16 pm
Europe
Old World Index fell by an average of 2.5%, after the devastating experiences of unemployment in the euro area (9.5%) and other macroeconomic statistics anything to please the players could not. The ECB left the main interest rate unchanged, most likely agency Trichet will wait until the last action of the Fed, which in turn will wait until the last.
America
indexes fell on the New World 2,6-2,9% after the devastating experiences of unemployment in the United States (there as in Europe, the unemployment rate was 9.5%), but not even the very magnitude of the level, the maximum since 1983, affected the market, and what growth rate the number of unemployed people are not in a hurry to fall. Crashes of sales in the automotive sector has caused the collapse of shares automakers, and not only in the United States (U.S. automakers still have not read that, unless Ford, the other bankrupt claims) - fell mostly stock car in Europe and Japan.
Despite a solid cushion of money that accrued from international investors, which makes markets grow, to ignore the widening gap between stock market and the real sector of the economy becomes impossible. I hope that next season will soon begin reporting to arrange, if not all, many of the points i (ie I can not wait for positive change in the corporate sector).
raw materials, currency, etc.
Industrial metals at auction in London, graduated neutral trading day, rising only a nickel: appears on the metal as a high-spirited local updates and annual maximums, as the immediate goals, I would have identified the $ 18000 and $ 21000 per tonne.
gold once again cannon of resistance at $ 940, thanks largely to the strengthening U.S. currency, which has steadfastly holds strike by the Chinese comrades, just need a change of world reserve currency. Behavior of Chinese looks strange - they are buying dollars as readily as before, but in the case of a reserve currency, who prevents them unilaterally to buy Euro or SDR?!
Oil continues to fall: to mark Brent futures traded slightly above $ 66.5, to mark WTI futures were slightly higher than $ 66.75. In principle, oil $ 66 - this level of support, if the Bears by selling it, it can be expected to reduce the quotations in the area of $ 57-60.
Statistics and Reporting
At 12-00 (Moscow time) is published index of business activity in the euro area services, in the 12-30 (ICN) is a similar indicator for the UK, 13-00 (Moscow time) published data on retail sales in the euro area. In the United States today off to celebrate Independence Day, but for some time key overseas futures are still with us.
The technical analysis of currency pairs
Yesterday, a pair of Euro /Dollar down on U.S. session to 1.3986
Problem banks: How to exchange a security deposit on the property
Britain took over the head
U УкрГаз-Energo ended gas reserves
Changing anchors
Most of «blue chips» fallen in «red» zone, but the weak buying not give rise to speak on the descending trend
The threat of continuing correction in the Russian stock market becomes a reality
September futures on the RTS index has managed to reach the resistance in the region of 94 000 items
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