Forex - results of the day
By admin at 25 February, 2010, 6:14 am
Dow Jones (Dow Jones) the New York Stock Exchange rose 41.87 points (0.41%) and closed at 10236.16. NASDAQ Index (Nasdaq) rose 17.68 points (0.80%) and at the level of 2221.41. Index S & Pi 500 (SP 500) rose to 5.33 points (0.49%) and at the level of 1097.50.
yesterday completed another two-day meeting of the Open Market Committee Federal Reserve System. As a result, the range for the basic interest rate on federal funds (Federal fund rate) is unchanged at 0.00-0.25%. For this decision voted nine committee members, one voted against. The discount rate is left unchanged at 0.50%.
In a statement the Fed said that the country"s continuing growth in economic activity. However, its pace is slow. It was stated that the rates in the U.S. for an extended period will remain at low levels. The main reasons for this are called high unemployment and low inflation.
It was noted that the negative trends in the labor market in the U.S. is weakening. At the same time, the volume of consumer spending remained low. The decrease in lending continues. Experts say that used in the Open Market Committee"s statement o1000f expression suggests that the leadership of the Fed has become more optimistic about the prospects for economic development.
Program Fed to buy debt from mortgage agencies retained without change in the amount of 175 billion dollars it must end in the first quarter of this year. Program for the purchase of securities in the mortgage market of $ 1.25 trillion. U.S. until March of this year is unchanged. By February 1, is scheduled to close anti-crisis swap transactions with foreign central banks.
Immediately after the announcement of Open Market Committee meeting of the euro /dollar committed swings and decreased to the level of 1.3993, a minimum of 15 July 2009. Pressure on the euro as investors continued to worry about how to solve the problem of large fiscal deficit in Greece. On the market there were conversations about the possibility of reducing the credit rating of Portugal.
price of oil during the bidding in New York fell to 1.80 dollar to the level of 72.91 dollars per barrel.
financial market participants expect the U.S. president Obama"s remarks during his annual speech last night, and the results of voting on approval for a second term U.S. Fed Chairman Bernanke, which will be held on Friday.
Number of sales of new homes (New home sales) in the U.S. for December 342K (forecast 370K, the previous value of 355K).
preliminary value of consumer price index (CPI) in Germany in January -0.6% per month, 0.8% for the year (-0.3% forecast for the month, 1.0% for the year, the previous value of 0.8% per month, 0.9% per year) .
Unemployment (Unemployment) in France in December -18,700.
Reserve Bank of New Zealand (RBNZ) announced today that the official interest rate (Official cash rate) remains at the same level of 2.50%. In a statement head of the bank said that by mid-year interest rates in the country can be increased, as its economy continues to sustainable recovery.
Skgodnya scheduled for release the following data:
at 08:55 GMT - change in the number of unemployed (Unemployment), taking into account seasonal fluctuations in Germany in January (forecast 18K, the previous value-3K);
at 08:55 GMT - unemployment without taking into account seasonal variations (Unemployment rate unadjusted) in Germany in January (the previous value of 7.8%);
at 10:00 GMT - index of business sentiment (Economic sentiment index) in Europe (16) January (forecast 92.5, the previous value of 91.3);
at 10:00 GMT - business climate indicator (Business climate indicator) in Europe (16) January (estimate -1.10, the previous value of -1.22);
at 13:30 GMT - the number of applications for unemployment benefits (Jobless claims) in the United States for the week to 23.01 (forecast 452K, the previous value of 482K);
at 13:30 GMT - an index of orders for durable goods (Durable goods orders) in the U.S. for December (forecast 2.0%, the previous value of 0.2%);
at 21:30 GMT - an index of broad money M2 in billions of dollars in the U.S. for the week to 18.01 (the previous value of -9.4);
at 23:30 GMT - consumer price index (CPI) in Japan in December (the previous value of -0.2% for the month, -1.9% per year);
at 23:30 GMT - consumer price index (CPI), excluding prices for food and energy prices in Japan in December (-1.3% forecast for the year, the previous value of -1.7% per year);
at 23:30 GMT - unemployment rate (Unemployment) in Japan in December (forecast 5.3%, the previous value of 5.2%);
at 23:50 GMT - preliminary value of the index of industrial production (Industrial production) in Japan in December (forecast 2.5% per month, 5.7% for the year, the previous value of 2.2% per month, -4.2% per year);
at 23:50 GMT - an index of retail sales (Retail sales) in Japan in December (forecast 0.3% for the year, the previous value of -1.0% per year).
The dollar will fall in price, but the collapse will not
dollar - a strong currency does not tire of repeating IMF head Dominique Strauss-Kahn ...
The Ukrainian stock market on Wednesday remained "bullish" sentiment on domestic demand
During today"s session at the roar of Russd46ia remain high volatility, which again will increase the speculative activity
Today, there are data on durable orders and initial applications for unemployment benefits in the U.S.
Yesterday, trading volume on the stock market, MICEX Stock Exchange amounted to 107.17 billion rubles
Markets can now go up to Barack Obama"s new proposals, which will leave the MICEX index to 1420 points
In the evening session on FORTS futures on RTS index has played the position, rising by 0,5% to a value of 146 065 points
Better the market today may look like shares of banks and steel companies
Today, the closest level of support for the RTS Index futures will mark 143.000 points
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