Today hydrocarbon market again reigned downward trend, the pressure on the quotation of the dollar has strengthened

global equity markets
trading session ended Tuesday for most global stock indices confident growth. The U.S. Dow Jones Industrial Average rose by 1,09% - to 10,725.43 points, Standart Poor"s 500 rose to 1,25% - to 1150.23 points, Nasdaq Composite was higher at 1.42% to 2,320.4 points. European sites added, on average, less than 1%.

Paper Citigroup risen up to the last auction on 3,5%, despite the fact that the published statements yesterday, one of the largest U.S. banks, was worse than market expectations. Citi Net loss for the 4 quarter totaled 7.6 billion dollars (33 cents per share), while at the same time, the emergence of this loss is due primarily bank debt repayment to the state that can not be interpreted as purely an unfavorable outcome.

to please investors may be the American giant in the field of information technology IBM Corp., published after completion of the trading session in the United States accounts for the previous quarter. For 3 months the company earned 4.81 billion dollars (3.59 dollars per share) compared to the projected 4.43 billion dollars (3.27 dollars per share), the company"s revenue totaled 27.23 billion against the expected market of $ 26.96 billion

Indices Asia-Pacific region are traded on Wednesday morning diverse directions, but most of them fall. The reason for the negative attitude served as news from the region: in the morning chairman of the Banking Regulation Minkail Liu (Liu Mingkang), made an appeal to the national banks in the country, to stop granting new loans until the end of January. Futures for America "while also unable to get out of negative territory.

Metal Market
Movement metals futures yesterday in line with prevailing market uncertainty due to mixed news background. At the end of the trading session Tuesday at the LME main industrial metals recorded multidirectional changes in market value.

In the forefront was nickel, has risen to 1,7% - to $ 19215 per tonne. Zinc has grown on 0,9% - to $ 2,503. The change in copper prices was 0.6% (7545 $).

The dynamics of the market showed good contracts for lead, which fell by 1,6% (2425 $). Aluminum and tin dropped in price by 0,4% ($ 2,293.5) and 0.1% ($ 17,975), respectively.

Wednesday morning on the London Metal Exchange there are countervailing dynamics, the advantage - on the side of the bears.

In the group of precious metals worth noting contracts on platinum, which on Wednesday reached a maximum value over the past 17 months, it now trades above $ 1,654 an ounce.

Market Oil
hydrocarbon market, despite the controversial background, managed to gain a foothold on the basis of past trading session in positive territory. For example, Brent crudewent up for the day at 0.7% and stood at 77.63 dollars per barrel, the U.S. WTI, which trades on Monday were not performed, rose by 1,3% and consolidated on the value of $ 79.02 barrel.

decisive influence on the course of trading on Tuesday had circulated on the eve of the monthly report of the Organization of Petroleum Exporting Countries OPEC. In the view of cartel participants, global economic growth this year will amount to 3,1%, which is 0.2% higher than previously expected, respectively, the global demand for oil, on average, increased by 0.81 million barrels per day to daily average consumption level of the past year and will amount to 85.15 million barrels per day. The volume of oil production from countries outside of OPEC, will rise, according to forecasts of the Organization at 0.35 million b /d and reach 51.31 million b /d in the actual volume of oil all the countries of the cartel about 29.1 million bpd /s (in fact in December). However, keep in mind that oil reserves remain at a fairly high level, overriding the effect of increased consumption of energy resources.

On Wednesday morning of hydrocarbons in the market again reigned downward trend, the pressure on the quotation has strengthened the dollar.

Russia Market
External background, emerging on Wednesday, appears contradictory. On the one hand, trading in the United States ended on the eve of the growth index by more than 1%, roughly the same number went up and oil. On the other - appears after the order of the Chinese regulators to limit the volume of lending in the country, the situation at all sites began to change for the worse.

Quotations of most commodities, including oil, painted in the morning in the red. Dollar exchange rate grows against all 16 most traded currencies, providing an additional depressive effect on commodity exchanges.

It is worth mention that the observed decrease in the morning on most world exchanges is moderate, however, it would interfere with Russia"s "bulls" to achieve yesterday"s success, manifested in the growth index at the end of the trading session.

In the end, the outcome of the bidding environment will depend on the mass of interesting news emerging in the afternoon. U.S. Department of Commerce to unveil today a series of data on the real estate market for December: the number of building permits issued and the volume of housing construction started (at 16:30 Moscow time). At the same time, will the producer price index.

In addition, during the day a number of U.S. companies publish financial statements for the 4 quarter of 2009. Among them, Bank of America, Bank of New York Mellon, Morgan Stanley, US Bancorporation, Wells Fargo, ASML Holdings NV, eBay, Hynix Semiconductor, JSW Steel, Starbucks.

Kommersant: ISD Corporation lost Serbian Carriage Works
Traditional buying precious metals at the beginning of the year from foundations and the dollar"s decline will provide sustained support for quotations of gold and silver
Coming in the second half of the trading day pool statistics define the mood of the closure of Russiad32"s market
Recommendations on the shares of Gazprom, Transneft, FSK, RTS Index futures, oil and natural gas
At 13.00 Moscow time trade on the MICEX Stock Exchange amounted to 88.5463 billion rubles
"Finam" teach swing trading
Overview of the oil market for 19.01.10
Asia: pharmacists are jubilant, but the markets in the region can not boast of success
China has banned a number of under-capitalization of banks to issue loans and limit the total amount of lending in the country

Leave a comment