Forex - in the European session

By admin at 31 August, 2009, 5:10 pm

index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) fell 32.85 points (-0.60%) and at the level of 5484.50. Index of the Paris Stock Exchange, BTB 40 (CAC 40) dropped to 23.57 points (-0.64%) and at the level of 3669.57. The September futures on the index S & Pi 500 (SP 500) on Globex (Globex) dropped to 5.5 points and is 1021.9. Opening of the American stock indexes are now expected to bottom.

Today in the UK the day off. Consequently, the financial market in the country closed.

The euro /dollar remains under pressure on the European session. The market there are investors selling riskier instruments in favor of dollars and yen. This is facilitated by falling world stock indices, oil prices and the rates of such currencies as the Australian, New Zealand and Canadian dollar. Today the stock index in Shanghai fell by more than 6.5%.

Active members of the forex market due to the output in the UK is very low.

Course

dollar /yen has adjusted to a mark of 93.28. Recall that in the Asian session, the rate fell to the level of 92.53, a minimum of 13 July.

On the one hand, the fall of stock indices supporting the yen. On the other hand, the market there is uncertainty about who will become the new government of Japan, and what measures the government will take.

Today oil prices in the mode of electronic trading in New York fell by 1.59 dollar to the level of 71.15 dollars per barrel.

index of retail sales (Retail sales) in Italy in June -0.4% for the month, -0.8% for the year (the previous value of 0.0% for the month, -2.9% per year).

Preliminary

value of consumer price index (CPI) for August in Italy, 0.4% per month, 0.2% for the year (the previous value of 0.0% per month, 0.0% for the year).

Preliminary

value of consumer price index (Harmonized CPI) in Europe (16) for August -0.2% per year (the previous value of -0.6% per year).

Today is scheduled for release the following data:

at 13:45 GMT - an index of business activity of the Managers Association of Chicago (Chicago PMI) in the U.S. in August (forecast 47.5, the previous value of 43.4).

Hiding Naftogaz consolidated statements for 2008 may be indicative of Defaulted
Low volumes of today's trading showed the speculative component of profit-taking, and not to withdraw large investors
Among the leaders of today to reduce paper metallurgical sector, in particular, Norilsk Nickel
Reducing the stock market in China should not significantly affect Russia's stock market
Shares Transneft grow by 5,6%, from tomorrow they will be included in the calculation of the MSCI EM index and the MSCI Russia
Sergei Shmatko: Restoring Sayano-Shushenskaya GES will be implemented in several stages
Euro continued to fall, currently testing 1.4280 support
Euro failed to break away from the mark of 1.43
Rate for the dollar has risen - the evening review of cash markets

Categories : Scenario and forecasts


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