Last closure
On Friday, May 30, trades in USA have come to the end with mixed dynamics. Data showed U.S. consumer spending unexpectedly fell in April after the biggest surge in almost five years as incomes slowed, a sign the largest part of the economy will take time to accelerate. An index of consumer confidence fell more than forecast in May, while business activity in the Chicago area unexpectedly increased. Household purchases, which account for about 70% of the U.S. economy, dropped 0.1% in April, the first decrease in a year, after a revised 1% gain the prior month that was the strongest reading since August 2009. Incomes advanced 0.3% after climbing 0.5%. The Thomson Reuters/University of Michigan final index of sentiment dropped to 81.9 in May from 84.1 in April. The median projection called for 82.5 after an initial May reading of 81.8. The Institute for Supply Management-Chicago Inc.’s business barometer rose to 65.5 this month from 63 in April. The median forecast projected the index would fall to 61. Readings greater than 50 signal growth. Gains in manufacturing, which makes up about 12% of the economy, have been supported by rising demand for durable goods such as automobiles, appliances and machinery. On the day’s result, index Dow Jones rose by 0.11%, S&P has increased by 0.18%, Nasdaq has decreased by 0.13%.
European stock exchanges closed with mixed dynamics of main indexes. Draghi said this month he’s “comfortable” to act in June to expand the central bank’s easing policy. The bank next announces its monetary policy decision on June 5. ECB Executive Board member Yves Mersch said in Tokyo on May 28 that the central bank is working on a package of measures to fuel price growth and stimulate the economy, which could include a negative deposit rate for the first time. Retail sales in Germany declined slightly in April revising the data in previous month upwardly. Retail sales in the Europe's largest economy, adjusted for calendar, seasonal and inflation variations, was down by 0.9% in April compared with that in the previous month. BNP Paribas lost 2.4% to 51.37 euros. A final settlement of federal and state investigations is probably weeks away, said the person, who asked not to be named because the talks aren’t public. The bank said in April that it might need to pay far more than the $1.1 billion it had already set aside. Rio Tinto and BHP Billiton, the world’s two largest commodity producers, retreated 4.1% to 3,057 pence, and 3.7% to 1,868 pence, respectively. On the day’s result, British FTSE has declined by 0.39%, CAC 40 (France) has decreased by 0.24%, DAX (Germany) has increased by 0.04%.
Junes’ contractual price on Brent oil, decreased by $0.5623 to $109.41 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 1.31% to 1220.89. Share trades capacity on the application market was equal to UAH 8.8 million. Trades capacity on the derivatives market was equal to UAH 3.5 million. Total trades capacity for yesterday — UAH 40.1 million.
From ten shares of an index basket seven retreated. Leaders of growth were shares of Enakievo Metallurgical Plant (+0.66%). Worse than market looked shares of Azovstal Iron and Steel Works (-4.79%) and Donbasenergo (-3.60%).
Ukraine received a $750 million loan for 16 years from the World Bank in the framework of the first development policy loan (DPL-1), which can be used to finance the budget.
Premarket
External background at the opening is moderately positive. Ukraine has told Russia that a $786 million partial payment for back gas bills was on its way to Moscow, clearing the way for further talks on Monday. Ukraine will refuse to pay Russia nearly $485 per 1,000 cubic meters and is prepared to go to the Stockholm Arbitration Court if gas negotiations on Monday fail. Capital spending in Japan climbed 7.1% on quarter in the first three months of 2014 - topping forecasts for an increase of 5.8% following the 4.0% gain in Q4.
The Asian indexes are growing today. Nikkei rose by 2.07%, Hong Kong Hang Seng increasing by 0.31%.
Futures on American indexes are growing today from 0.08% to 0.13%.
Russian indexes as of 10:00 a.m. are rising — RTS increasing by 1.31%, MICEX growing by 1.50%.
Our expectations
We expect opening of the Ukrainian market by growth.
In Europe will be published Manufacturing Purchasing Managers' Index in Italy, France, Germany E.U. and U.K. (10:45 - 11:30 AM.).
In the U.S. will be published Manufacturing Purchasing Managers' Index (4:45 PM) and Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (5:00 PM).
ITT Investment group
Приложения к материалу:
