Last closure
On Wednesday, May 14, trades in USA have come to the end with decrease, as investors resumed selling in small-cap and Internet shares. The prices U.S. companies are paid for goods and services rose sharply last month, an early sign inflation may be picking up from historically low levels. The producer-price index for final demand, which measures charges for everything from gasoline to accounting services, rose a seasonally adjusted 0.6% in April from a month earlier. That marked the biggest jump since September 2012. Prices rose 0.5% in March. IBM slid 1.8% to $188.72 for the steepest slide in the Dow. Chief Executive Officer Ginni Rometty spoke to Wall Street analysts, saying she remains confident in the company’s 2015 profit forecast despite tumbling sales in hardware and emerging markets like China. Investors have also been watching developments in Ukraine, where rebels yesterday killed seven government soldiers and wounded eight others during an ambush in a breakaway eastern region. On the day’s result, index Dow Jones has declined by 0.61%, S&P has lowered by 0.47%, Nasdaq has decreased by 0.72%.
European stock exchanges closed with mixed dynamics of main indexes. Eurozone industrial production dropped in March, driven by declines in the output of the big four countries, raising concerns over the strength of the economic recovery. Production shrunk 0.3% in March following a 0.2% increase in the previous month. This was in line with economists' expectations. The news temporarily put investors in a dour mood, but buyers jumped in amid speculation that the European Central Bank will surely offer stimulus in June. In London, the Bank of England released its quarterly inflation report, in which policy makers said that the level of spare labor capacity has narrowed slightly in the last few months and needs to come down further. On the day’s result, British FTSE rose by 0.08%, CAC 40 (France) has decreased by 0.09%, DAX (Germany) remained unchanged.
Junes’ contractual price on Brent oil, grew by $0.95 to $110.19 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened by decrease, day passed with positive dynamics. Value of the UX index has increased by 1.03% to 1063.50. Share trades capacity on the application market was equal to UAH 4.6 million. Trades capacity on the derivatives market was equal to UAH 2.7 million. Total trades capacity for yesterday — UAH 21.9 million.
From ten shares of an index basket, nine have risen. Leaders of growth were shares of Enakievo Metallurgical Plant (+4.64%) and Ukrnafta (+2.88%). Worse than market looked shares of Avdiivka Coke Plant (-0.14%).
The National Bank Council stands for limiting cash settlement, for natural persons to UAH 100,000. To remind, the NBU imposed restrictions for cash operations to UAH 150,000 since September 1, 2013. To remind, the NBU imposed restrictions for cash operations to UAH 150,000 since September 1, 2013. The Finance Ministry attracted almost UAH 2 billion to the state budget from the sale of government bonds. In particular, the Finance Ministry satisfied all four bids from investors for the purchase of two-year securities with the yield of 17%.
Premarket
External background at the opening is moderately positive. Japan's first-quarter gross domestic product grew at an annualized pace of 5.9%, its fastest pace since the July-September quarter in 2011. In the three months to March, Germany’s gross domestic product was 0.8% up on the last three months of 2013. That was the most rapid expansion since the first quarter of 2011, and double the rate of growth recorded in the final quarter of last year. French GDP showed nil growth from the prior quarter, while it was forecast to rise 0.1%. That follows a 0.2% expansion in the fourth quarter of 2013.
The Asian indexes are showing mixed dynamics today. Nikkei has lowered by 0.75%, Hong Kong Hang Seng increasing by 0.29%.
Futures on American indexes are growing today from 0.04% to 0.10%.
Russian indexes as of 10:01 a.m. are rising — RTS increasing by 0.62%, MICEX growing by 0.61%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published consumer price index (12:00 a.m.) and gross domestic product in the E.U. (12:00 a.m.).
In the U.S. will be published initial jobless claims (3:30 p.m.), consumer price index (3:30 p.m.), industrial production (4:15 p.m.) and Philadelphia Federal Reserve Manufacturing Index (5:00 p.m.).
ITT Investment group
Приложения к материалу:
