Ukrainian
market continues a series of trading sessions in the red zone. On Tuesday, the
decrease was 2.78%, while the trading volume rose slightly. Total trading
volume in the spot market totaled 30.7mln., the short-term - 53.6mln.
Global
markets froze in anticipation of conference in Jackson Hole, where the ECB
President Mario Draghi is no longer coming. Thus Ben Barnanke alone shall take
the rap for the central bank. Analysts and managers of the operating companies give
forecasts and comments on the upcoming conference. Naturally, there is no
consensus, and no one knows the exact answer whether the new round of
quantitative easing is expected. This uncertainty reflects the dynamics of all
the major indexes.
Major European
benchmarks finished trading in a small minus as well on Tuesday, having fallen
to a record low over the past three weeks on the news that Catalonia being the second most populous region in Spain,
decided to apply for financial assistance in the amount of 5 billion euros ($
6.3 billion) to the central government.
The
regional indicator STXE 600 fell by 0.7% closing at 267.32 points. Britain's
FTSE 100, France's CAC 40 and Germany's DAX tumbled by 0.02%, 0.90% and 0.64%
respectively.
Today, is
expected a lot of important macroeconomic statistics, which is why the activity
might increase. Thus, the data on the U.S. GDP for the 2nd quarter is coming, the
inflation data in Germany is expected as well as the mortgage and the price
index for personal consumption expenditures and pending transactions in the
housing market in the U.S. and Fed's
Beige Book and data on oil stocks .
Analytical department
IC “IFG Capital”
