Last closure
On Friday, September 5, trades in USA have come to the end with growth, as geopolitical tensions eased and lower-than-estimated jobs data fueled bets the Federal Reserve won’t rush to raise interest rates. The Fed is gauging the strength of the labor market as it winds down a bond-buying program and considers the timing of raising interest rates. Policy officials next meet Sept. 16-17. Increasing evidence that the economy is strengthening had fueled speculation the Fed may raise rates sooner than investors anticipate. Yellen has said the central bank will keep rates near record lows for a “considerable time” after bond purchases end. U.S. job growth slowed to its lowest level of the year in August. Nonfarm employment advanced a seasonally adjusted 142,000 last month. The unemployment rate, obtained via a separate survey of households, ticked down to a seasonally adjusted 6.1% in August from 6.2% in July. The jobless rate has fallen 1.1 points since August 2013, when it was 7.2%. On the day’s result, index Dow Jones rose by 0.40%, S&P has increased by 0.50%, Nasdaq grew by 0.45%.
European stock exchanges closed with mixed dynamics of main indexes, amid investor concern that the latest European Central Bank stimulus measures aren’t enough to spur the economic recovery. ECB President Mario Draghi is struggling to boost inflation that’s running at a fraction of the ECB’s goal against a backdrop of near-record unemployment. The euro-area’s economic recovery ground to a halt in the second quarter as investment slid for the first time since the start of 2013, according to data published today. Gross domestic product in the three months through June was unchanged from the first quarter, when it increased 0.2%. German industrial production rose by 1.9% in July compared with June, the biggest gain since March 2012. On the day’s result, British FTSE has declined by 0.33%, CAC 40 (France) has decreased by 0.19%, DAX (Germany) has increased by 0.23%.
Octobers’ contractual price on Brent oil, decreased by $1.01 to $100.82 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 1.38% to 1161.55. Share trades capacity on the application market was equal to UAH 7.3 million. Trades capacity on the derivatives market was equal to UAH 6.5 million. Total trades capacity for yesterday — UAH 33.6 million.
From ten shares of an index basket, nine declined. Better than market looked shares of Ukrnafta (+1.13%). Worse than market looked shares of Ukrsotsbank (-4.56%), Donbasenergo (-4.26%) and Avdiivka Coke Plant (-4.15%).
Ukrainian President and Commander-in-Chief of the Ukrainian Armed Forces Petro Poroshenko has ordered the chief of the General Staff to cease fire from 6:00 PM on September 5. Industrial prices in Ukraine in Aug. 2014 increased by 2.6%, while in July - by 2.7%, in June - by 3.6%, and in May - by 4.3%. The Cabinet of Ministers has approved macroeconomic forecasts for the years of 2015-2017, which foresee the acceleration of GDP growth from 0.3-2% in 2015 to 2.5-4.5% and 3-6.5% in 2016 and 2017 respectively.
Premarket
External background at the opening is moderately negative. Ukraine and separatists blame each other after ceasefire broken. There was shelling and gunfire in east Ukraine on Sunday as a fragile ceasefire agreed on Friday was broken, with both sides accusing the other of violating the truce. One woman was killed overnight in the city of Mariupol, which is still in Ukrainian hands but braced for assault from rebel forces. China released its latest batch of trade data on Monday which showed that while foreign demand remains healthy, domestic demand appears subdued. Exports in August jumped 9.4% from the year-ago period, beating estimates for an 8% gain and following the 14.5% rise in the month before. But imports fell an annual 2.4%, versus expectations of a 1.7% increase and after a decline of 1.6% in July. Germany's trade surplus grew strongly in July on the back of booming exports, official data says. In seasonally adjusted terms, Germany exported goods worth a total of 98.2 billion euros ($A147.29 billion) in July, up 4.7% from the figure for June. The Asian indexes are showing mixed dynamics today. Nikkei rose by 0.23%, Hong Kong Hang Seng declining by 0.14%.
Futures on American indexes are decreasing today from 0.10% to 0.14%.
Russian indexes as of 10:00 AM are decreasing — MICEX decreasing by 0.14%, RTS lowers by 0.50%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published Halifax House Price Index in the U.K. (10:00 AM) and data on Sentix Investor Confidence in the E.U. (11:30 AM).
In the U.S. will be published CB Employment Trends Index (5:00 PM).
Treasury Secretary Jacob J. Lew will speak today on the matter, though he isn’t expected to announce a specific plan.
ITT Investment group
Приложения к материалу:
