Last closure
On Wednesday, April 16, trades in USA have come to the end with growth, after an earlier rally fueled by optimism on corporate earnings and better-than-estimated factory data, as Federal Reserve Chair Janet Yellen said the central bank has a “continuing commitment” to support the economic recovery. Yellen told investors to pay attention to shortfalls in both inflation and the jobless rate for signals on the Federal Open Market Committee’s decisions on the policy rate. “The larger the shortfall of employment or inflation from their respective objectives, and the slower the projected progress toward those objectives, the longer the current target range for the federal funds rate is likely to be maintained,” Yellen said. Data showed industrial production rose more than forecast in March after a February gain that was twice as big as previously estimated, indicating U.S. factories recovered after a weather-depressed start to the year. A Commerce Department report showed the pace of U.S. home construction rebounded less than forecast in March, held back by declines in warmer parts of the country that indicate the recovery in residential building will be slow to develop. On the day’s result, index Dow Jones rose by 1%, S&P has increased by 1.05%, Nasdaq grew by 1.29%.
European stock exchanges closed with growth of main indexes. A final revision of Eurozone inflation for March has come in at 0.5% - confirming the four-year low preliminary reading and stoking concerns that the economic area could slip into deflation, as disinflation continues. Month-on-month, the consumer price index rose 0.9% - below expectations of a 1.0% increase. Core consumer prices rose 0.7%, just ahead of the 0.8% estimate. The number of unemployment people in the UK fell by 30.4K in March, following a 37K drop registered in February, National Statistics reported on Wednesday. Analysts expected a 30K decrease. The Claimant Count Rate was at 3.4%, down from the 3.5% reading. On the day’s result, British FTSE rose by 0.65%, CAC 40 (France) grew by 1.39%, DAX (Germany) has increased by 1.57%.
Mays’ contractual price on Brent oil, grew by $0.06 to $108.80 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened on neutral territory, day passed with negative dynamics. Value of the UX index has declined by 2.50% to 1086.27. Share trades capacity on the application market was equal to UAH 9.1 million. Trades capacity on the derivatives market was equal to UAH 8.1 million. Total trades capacity for yesterday — UAH 28.6 million.
All ten shares of an index basket retreated. .%). Worse than market looked shares of Donbasenergo (-4.66%) Avdiivka Cokery Plantand (-3.49%) and Motor Sich (-3.4%). Russian terrorist sabotage groups have been captured six units of armored vehicles of the Armed Forces of Ukraine in Kramatorsk of Donetsk region, Ukraine's Defense Ministry reported. According to the ministry's report, on April 16, six armored vehicles of the Armed Forces of Ukraine entered Kramatorsk as a part of the counter-terrorism operation, however, the local residents together with the Russian terrorist sabotage groups blocked the road, and as a result extremists seized the vehicles and made their way with them to Sloviansk. Retail trade turnover in Ukraine in January-March 2014 amounted to UAH 204.9 billion, which in constant prices was 7.7% more than in the same period in 2013, the State Statistics Service has reported. The largest turnover was recorded in Kyiv (UAH 27.8 billion) and Donetsk region (UAH 20.7 billion), the lowest - in Sevastopol (UAH 2.4 billion) and Chernivtsi region (UAH 2.7 billion).
Premarket
External background at the opening is moderately positive. Ukraine Interior Minister Says 3 Killed at Mariupol Base Shooting. Shooting broke out late on Wednesday near a base of the Ukrainian national guard which came under attack by pro-Russian separatists. In a statement published Thursday on his Facebook page, Ukraine Interior Minister Arsen Avakov said three separatists had been killed, 13 had been injured and a further 63 had been detained. German Producer Price Inflation fell to a seasonally adjusted annual rate of -0.3%, from 0.0% in the preceding month. Analysts had expected German Producer Price Inflation to rise 0.1% last month.
The Asian indexes are growing today. Nikkei remained unchanged, Hong Kong Hang Seng increasing by 0.28%.
Futures on American indexes are decreasing today from 0.10% to 0.19%.
Russian indexes as of 10:01 a.m. are rising— RTS increasing by 1.26%, MICEX growing by 0.87%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published index IFO in Germany (11:00 a.m.) and data on GDP in the U.K. (11:30 a.m.).
In the U.S. will be published initial jobless claims (3:30 p.m.) and data on Philadelphia Federal Reserve Manufacturing Index (5:00 p.m.).
ITT Investment group
