Strong loss of Asian sited5as, minus futures on indexes and a falling U.S. oil prices leave no chance of “bulls”

by admin on February 21st, 2010

On Monday, U.S. markets took a breather after the most “bearish” week nearly a year: major U.S. indices finished the auctions on the rise 0,2-0,5%. A pause after the fall looks quite natural, and found a reason - Bernanke”s nomination as head of the Fed for the next term is gaining support in the Senate. Nevertheless, the possibility that Bernanke will not be re-elected, is small and the information from the Senate looks like a fairly formal occasion, and growth - rather technical. Tuesday morning, futures for the American indexes decrease.

Statistics on sales volume in the secondary housing market in the U.S. were disappointing, but no one was surprised. Despite the massive infusion of cash, demand in this sector has not yet begun to recover. Today will be published index of home prices in the U.S. for November - projected figures are expected weak that we can add arguments to sellers.

Trades in Asia on Tuesday are in negative zone: Nikkei -1,8%, Hang Seng -2,2%, Shanghai Comp -2,6%. Tightening credit conditions in China can affect the central bank declines in industrial production in the country and reduced demand for raw materials. It is expected that a key interest rate in China will be lifted as early as February.

The demand for protective assets affects the growth of the dollar (euro /dollar traded below $ 1.41) and increased the yield of U.S. Treasury bonds. Oil prices lost Tuesday”s acquisitions yesterday: in electronic trading on the New York price of a barrel of mark WTI is near the mark of $ 74.4.

Russia market starts day decline: severe loss of Asian sites, minus the futures on U.S. indexes and falling oil prices leave no chance of “bulls”. Today, in the middle of the day expected to be published index of consumer confidence in Germany”s IFfbfO, which traditionally has a strong influence on the currency markets, in addition, the afternoon will be published index of consumer confidence in the U.S. (18.00 Moscow time. Is expected to increase to 53.5 points). Today begins a two-day meeting of the U.S. Federal Reserve, the decision on rates will be announced tomorrow at 22.15 Moscow time., An hour later, come out comments that evaluate the current state of the economy.

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Latin America: Bidding ended Monday in the red zone
Meat not benefited
Manipulation will rise in the price
Its a game. Internet trading has provided strong support the stock market

In 2009, individuals were given the opportunity to purchase securities without intermediaries via the Internet …


European indexes fell on Monday 4 th day in a row - the longest drop in 2 months
If oil prices are approaching the mark of $ 70 per barrel, the level of 1400 points on the MICEX index can not resist
Negative external background may encourage market participants to sales, which resulted in the MICEX index could test the level of 1400-1405 points
Liquidity in the market is, but to flow in the action, it will selectively
“Bulls” can feel relatively quiet until the MICEX indexd13is not moving away from support for 1405-1410 points

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