Speech by Bernanke and the next portion of the corporate reporting supported the rally in world stock sites

Prospects for conservation rates in the United States near zero for an extended period of time and the next portion of corporate accountability have become key factors that kept the rally in world stock markets. However, as the achievement of key indices of resistance to the desire of investors to record profits will grow, which may lead to fixation of the profit at the end of the week. -Established above $ 66 a barrel oil prices and growth in key overseas sites are likely to allow domestic indices revealed a growth of 0,5-1%.

Despite the positive corporate accountability, U.S. indices for most of the trades were in the negative zone. However, the assurances of Chapter Fedrezerva Ben Bernanke regarding the preservation of a record-low interest rates, as well as records of several components of Dow, once again surpassed expectations, helped counter the increasing desire of investors to record profits.

Speaking with the semi-annual report on monetary policy before Congress, Ben Bernanke voiced all the risks that are already within a few months budorozhat market. The head of the Fed, in particular, noted that the labor market recovery is expected only in 2011, but before the consumer demand will remain under severe pressure, which is a very serious risk to the country's economic recovery. However, Bernanke has a plan to bring the economy out of recession: the main tool to combat the crisis would remain cheap money. According to the heads of the Fed, rates will remain near zero in the continuation of a long period of time. Of which, he believed that the cost of borrowing should be kept minimal, even with the economic growth in order to support the effects of extraordinary policy of the Fed to guarantee stability and economic recovery. However, Bernanke is aware that the excess liquidity should lead to higher inflation, but he did not deem it necessary to speak of any time frame to limit the money supply, he only said that the move away from ultra-soft monetary policy will be timely and flexible. Thus, Fedrezerv believes its first priority to economic reconstruction, and yet, strangely enough, he copes with this task, despite the fact that the fire tushitsya money. Prospects for the preservation of soft monetary policy in the United States is likely to guarantee the preservation of excess liquidity in the market for a long period (1-1,5 years) period of time during which the speculative capital will continue to belly bubbles in stock markets. The debt market has reacted to statements by Bernanke regarding the rates of decline in yield from 3.62% per annum on a ten-year Treasury securities to 3.5% per annum, thus showing a decline in inflationary expectations, and confidence in maintaining sufficient liquidity in the market in the medium term.

From the corporate statistics is to record Caterpillar, according to which the company earned $ 371 million, or 60 cents per share, with forecasts of profit of 22 cents per share. Coca Cola earned $ 2.04 billion, or 88 cents per share, while last year's profit was $ 1.42 billion, or 61 cents per share. Reporting United technologies and farmgiganta Merck virtually coincided with forecasts.

In Asia, growth has continued for the seventh consecutive day. Index MSCI Asia adds 0.5%, increasing the achievement of the last week to 9.3%. At the head of the rally - the action once again shares of oil companies, as well as shares of producers of materials. Investors once again draw the optimism of the light at the end of the tunnel, which begin to dawn through the corporate reporting and slow recession.

Asian markets today are growing, adding from 0.3% to 2%
Asian sites are growing slightly
Chinese experts: The leakage of information threatens the security of China's steel industry
Against the backdrop of strong financial reports from abroad is unlikely that the downward movement of the Russian market would be great
Quotes of oil could still go back to the upstream channel, and after the data to continue the momentum up
Futures on the RTS index for a week is moving in the right channel, which greatly simplifies the prediction of movements
Rollback in the Russian stock market is perceived as the possibility of opening additional positions
At the moment, is expected to further develop sales in the region of 93 goals in 000 and 90 000 points in futures on the RTS index
Moscow real estate is looking for bottom

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