Forex on the European session

index of the Frankfurt Stock Exchange Ksetra Daks (Xetra DAX) has fallen on 69.94 item (-1.43%), and is at the level of 4835.50. The index of London Stock Exchange Futsi 100 (FTSE 100) fell by 33.49 points (-0.77%), and is at the level of 4307.22. September futures on the index S & P 500 (SP 500) at Globekse (Globex) dropped 4.8 point at 914.4. Opening of the American stock index today is expected to bottom.

rate euro /dollar fell on the European session to 1.4045. The negative impact on the euro had a drop in stock indexes, the weak data in the euro, reducing the price of oil and precious metals.

It is noted that prior to publication review of labor market activity in the United States investors in the forex market is relatively low.

Managing Board of the European Central Bank decided at its meeting today to leave the refinancing rate in Europe (16) unchanged at 1.00%.

financial market participants expect a press conference on the results of meetings of the Governing Council of the ECB, which was addressed by the ECB President Trichet.

Swedish Riksbank central bank unexpectedly cut the main interest rate at 0.25% to 0.25%.

Today, the price of oil in electronic trading in New York fell by 1.35 dollars to 67.96 dollars per barrel.

Unemployment (Unemployment) in Europe (16) May 9.5% (previous 9.2%). Industrial price index (PPI) in Europe (16) May -0.2% for the month, -5.8% for the year (previous -1.0% for the month, -4.6% for the year).

Today

expected output the following data:

at 12:30 GMT - Press conference on the results of meetings of the Governing Council of the ECB;

at 12:30 GMT - the number of applications for unemployment benefits (Jobless claims) in the United States during the week to 27.06 (forecast 620K, the previous value of 627K);

at 12:30 GMT - the number of new jobs (Nonfarm payrolls) in the United States for June (forecast-365K, the previous value-345K);

at 12:30 GMT - unemployment rate (Unemployment rate) in the United States for June (forecast 9.6%, previous 9.4%);

at 12:30 GMT - index of average hourly earnings (Average hourly earnings) in the United States for June (forecast 0.2%, previous 0.1%);

at 14:00 GMT - index of production orders (Factory orders) in the United States for May (forecast 0.3%, previous 0.7%);

at 20:30 GMT - the index of money supply M2 in billions of dollars in the United States for the week of 22.06 (previous 15.7).

Opinion: The probability of obtaining larger Ukraine IMF loan tranche is high enough
Increased negative trends in foreign markets can provide adequate pressure on the dynamics of the Russian market
Investors reacted to the negative statistics from the U.S. modest sales
Until mid-July, is expected to increase in oil prices to $ 75 a barrel
In the short term actions AvtoVAZ will be under pressure from retailers
The course has increased the dollar - the evening review of cash markets
Kievenergo listed Gaza of Ukraine of 25 million UAH for the gas
Today, against the backdrop of an external negative Russian traders remained only to record profit
As of 18:00 Moscow time the volume of trades on the MICEX Stock Exchange amounted to 165.3 billion rubles

Leave a comment