Indices of the Old World have demonstrated extremely volatile trading session
America and Europe
indices of the New World fell 0,5-0,6%: bad accounting could not outweigh not a good macroeconomic statistics. The emotional background of prevailing in the financial markets is described in one word - confusion.
indices of the Old World have demonstrated extremely volatile trading session, the mean change as a result of the closure amounted to -0,4%. Satisfactory corporate reports little optimism among investors does not cause - were waiting for them and what to do now: to record a profit or go further up - no one knows.
raw materials, currency and so on
Prices for industrial metals on the auctions in London fell slightly, gold has returned to $ 1050, oil prices jumped from $ 80 - all because a few stronger U.S. dollar. On the one hand the idea of abandoning the dollar begins to gradually move from words to deeds, on the other - the real alternatives are still not clear that the ECB categorically rejects the euro the world's reserve currency, and making a lot of effort, mainly aimed outward, to weaken the single currency, and back to commodities are not infinite. Much, if not all depends on the Fed's monetary policy, but here in the next couple of quarters of tightening is expected (however, the Fed can expect anything and without rhyme or reason), and hence cash flow will be directed strictly along the vector of the printing press - Financial markets.
Statistics and Reporting
Continues season records, but today's macroeconomic statistics can not be called rich in data. Of the major names I would have said Boeing, Fiat, Morgan Stanley, USBancorp and Wells Fargo, here it is possible to add VTB reporting under IFRS for the first half of the year. Some statistics: in the 12-30 (Moscow time) publishes minutes of the meeting of the Bank of England, 14-00 (Moscow time) leave the data on industrial orders in the UK, 18-30 (Moscow time) published a report on oil and petroleum products in the United States, 22 -00 (ICN) is published by the Federal Reserve Beige Book.
Quotes of the majority of the most liquid shares on the MICEX decline, many blue chips up against a strong resistance levels
Most interesting are now undervalued securities of the electricity and telecommunications sectors
Stocks Rostelecom affirmed the right of buy on expectations, sell on fact
Thereafter the market Russia can expect new attempts to take a more aggressive downward correction
First correction lacks meaningful information occasion
Between a strong bottom-up approach today's session is not expected to play a fall is a great risk
Review of the FOREX market for 20.10.09
The U.S. currency during the trading day Tuesday was able to strengthen against the major competitors in the forex
Denmark allowed the construction of the Nord Stream pipeline on its territory
