Last closure
On Friday, March 21, trades in USA have come to the end with decrease. Fed policy makers met this week as economic reports indicated the economy is pulling out of a slowdown linked to unusually harsh winter weather. “Growth in economic activity slowed during the winter months, in part reflecting adverse weather conditions,” the Fed said. Even so, “there is sufficient underlying strength in the broader economy to support ongoing improvement in labor-market conditions,” the central bank said. Federal Reserve Bank of St. Louis President James Bullard defended Janet Yellen’s comments on interest-rate increases, saying her outlook is in line with private surveys on when the central bank might start tightening policy. President Barack Obama is turning a European trip originally focused on nuclear security and trade into a mission to mobilize international opposition to Russia’s annexation of Crimea. White House National Security Advisor Susan Rice said Russian president Vladimir Putin’s moves to claim Crimea from Ukraine have prompted the U.S. and Europe to reevaluate their post-Cold War relationship with Russia. On the day’s result, index Dow Jones has declined by 0.17%, S&P has lowered by 0.29%, Nasdaq has decreased by 0.98%.
European stock exchanges closed with growth of main indexes, as consumer confidence increased more than forecast, while derivatives contracts expired. Preliminary measure of consumer sentiment in the eurozone surged to minus 9.3 from minus 12.7 in February, and in the EU to minus 6.7 from minus 9.3. The eurozone measure was last higher in November 2007, before the onset of the financial crisis, and well above expectations. Rio Tinto Group rose 1.6% as copper rebounded. Commerzbank AG climbed 2.5% as Morgan Stanley upgraded its rating on the German lender. On the day’s result, British FTSE rose by 0.23%, CAC 40 (France) grew by 0.17%, DAX (Germany) has increased by 0.5%.
Aprils’ contractual price on Brent oil, grew by $0.47 to $106.92 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened by growth, day passed with positive dynamics. Value of the UX index has increased by 2.28% to 1027.29. Share trades capacity on the application market was equal to UAH 4.1 million. Trades capacity on the derivatives market was equal to UAH 2.8 million. Total trades capacity for yesterday — UAH 25.5 million.
From ten shares of an index basket, nine stocks prices have raised. Leaders of growth were shares of Donbasenergo (+3.93%) and Ukrnafta (+3.09%). Worse than market looked shares of Ukrsotsbank (-4.32%). Gross public debt of Ukraine in 2013 grew from USD 137.7 billion to USD 142.5 billion in Q4, 2013. According to the National Bank of Ukraine information, in Q4, 2013, growth of gross foreign debt of Ukraine was USD 4.798 billion or 3.48%.
Premarket
External background at the opening is positive. HSBC China Flash PMI fell to an eight-month low of 48.1 in March. Economists were looking for a reading of 48.7, up modestly from 48.5 in February. A reading below 50 indicates contraction.
The Asian indexes are growing today. Nikkei rose by 1.77%, Hong Kong Hang Seng increasing by 1.95%.
Futures on American indexes are growing today from 0.28% to 0.35%.
Russian indexes as of 10:04 a.m. are rising — RTS increasing by 1.79%, MICEX growing by 1.43%.
Our expectations
We expect opening of the Ukrainian market by moderate growth.
In Europe will be published manufacturing purchasing manager's index in France (10:00 a.m.), Germany (10:30 a.m.) and in the E.U. (11:00 a.m.).
In the U.S. will be published Chicago Fed national activity index (02:30 p.m.) and Markit PMI manufacturing index (03:45 p.m.).
ITT Investment group
Приложения к материалу:
