Last closure
On Wednesday, July 30, trades in USA have come to the end with mixed dynamics, as data showing better-than-forecast economic growth was offset by weaker earnings and the Federal Reserve’s decision to keep trimming asset purchases. Commerce Department report showed gross domestic product expanded at a 4% annual pace in the second quarter, confirming the Fed’s view that a first-quarter contraction was transitory. Consumers, whose spending accounts for 70% of the economy, have grown more confident as the labor market improves and rising share prices boost wealth. U.S. companies added 218,000 workers to their payrolls in July, according to a report from the ADP Research Institute. That missed the median analyst call for 230,000. On the day’s result, index Dow Jones has declined by 0.19%, S&P has increased by 0.01%, Nasdaq grew by 0.45%.
European stock exchanges closed with decrease of main indexes, outweighed a better-than-expected U.S. growth report, while the U.S. joined Europe in imposing new sanctions on Russia for its role in the insurgency in Ukraine. German CPI increased 0.3% in the month of July, which was stronger than the market’s 0.2% forecast but on an annualized basis, CPI growth slowed to 0.8% from 1%. Eurozone economic sentiment rose unexpectedly in July driven by confidence improvements in industrial and construction. The economic confidence index rose marginally to 102.2 in July from 102.1 in June. Economists had forecast the score to fall to 101.9 from June's originally estimated value of 102. On the day’s result, British FTSE has declined by 0.50%, CAC 40 (France) has decreased by 1.22%, DAX (Germany) has lowered by 0.62%.
Augusts’ contractual price on Brent oil, decreased by $1.21 to $106.51 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 0.81% to 1348.16. Share trades capacity on the application market was equal to UAH 10.5 million. Trades capacity on the derivatives market was equal to UAH 4.8 million. Total trades capacity for yesterday — UAH 40 million.
From ten shares of an index basket, nine have risen. Leaders of growth were shares of Alchevsk Metallurgical Plant (+1.92%). Worse than market looked shares of Ukrsotsbank (-0.28%).
Ukraine's GDP decline in the second quarter of 2014 compared to the same period last year accelerated to 4.7%, the State Statistics Service reported on Wednesday. Compared to the first quarter of 2014 (seasonally adjusted), Ukraine's economy shrank 2.3% in April-June.
Premarket
External background at the opening is neutral. German retail sales rose more than expected in June. Sales on the month increased 1.3% in June in calendar- and seasonally-adjusted terms, beating expectations for a 1.0% rise. The data followed a revised decline of 0.2% in May, from a first estimate of a 0.6% fall.
The Asian indexes are showing mixed dynamics today. Nikkei has lowered by 0.16%, Hong Kong Hang Seng increasing by 0.02%.
Futures on American indexes are decreasing today from 0.08% to 0.14%.
Russian indexes as of 10:00 a.m. are rising — RTS increasing by 1.22%, MICEX growing by 0.85%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published German Unemployment Rate (10:55 AM), Consumer Price Index and Unemployment Rate in the E.U. (12:00 AM).
In the U.S. will be published initial jobless claims (3:30 PM), Employment Cost Index (3:30 PM) and Chicago Purchasing Managers' Index (4:45 PM).
ITT Investment group
Приложения к материалу:
