Last closure
On Tuesday, September 9, trades in USA have come to the end with decrease, as concerns grew that the Federal Reserve may raise interest rates sooner than anticipated and a rally in Apple Inc. disappeared. The US Federal Reserve, mindful that some banks are still so big that their failure could weigh on the wider economy. Daniel Tarullo, the Fed governor said that the Fed would propose special capital requirements for the largest banks that would be even higher than those demanded under international banking regulations. The number of U.S. job openings remained near the highest level in 13 years in July, and companies also stepped up hiring that month to the fastest pace in nearly seven years, two signs the job market is slowly healing. The tally of available jobs ticked down 2,000 to 4.673 million in July, from 4.675 million in June, the Labor Department said Tuesday. June's figure was the highest since February 2001. Apple fell 0.4% to $97.99, after climbing to within one point of its intraday record of $103.74 reached last week. The shares have typically fallen at other events where it debuted new products. Apple is up 22% so far this year, exceeding the 7.6% gain for the S&P 500. The company announced a smartwatch, mobile-payments system, health applications and bigger-screen iPhones that all work together. On the day’s result, index Dow Jones has declined by 0.57%, S&P has lowered by 0.65%, Nasdaq has decreased by 0.87%.
European stock exchanges closed with decrease of main indexes, posting their biggest three-day decline in a month, as national benchmark gauges slipped in Greece, Portugal and Spain. Manufacturing production in the U.K. rose in line with market expectations in July, while industrial output topped forecasts. Manufacturing production inched up by a seasonally adjusted 0.3% in July, meeting expectations. Manufacturing production in June rose by 0.3%. Industrial production rose by a seasonally adjusted 1.7% in July, compared to expectations for a 1.3% gain, after increasing 1.2% in June. The Bank of England may start to raise interest rates next spring if the labour market continues to recover from the financial crisis, Governor Mark Carney said. Carney said forecasts made by the Bank last month showed that if rates started to go up in spring 2015, as markets were predicting at the time, inflation would be on course to settle close to the BoE's 2% target in three years' time. On the day’s result, British FTSE has declined by 0.08%, CAC 40 (France) has decreased by 0.50%, DAX (Germany) has lowered by 0.49%.
Octobers’ contractual price on Brent oil, decreased by $1.04 to $99.16 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 4.66% to 1093.07. Share trades capacity on the application market was equal to UAH 7.2 million. Trades capacity on the derivatives market was equal to UAH 15 million. Total trades capacity for yesterday — UAH 45.9 million.
All ten shares of an index basket retreated. Worse than market looked shares of Enakievo Metallurgical Plant (-13.93), Azovstal Iron and Steel Works (-11.36%), Ukrsotsbank (-9.16%) and Donbasenergo (-8.04%).
The situation in the area of the anti-terrorist operation remains stable, however the insurgents are building up their forces. At the same time, the militants are building up their presence in the immediate vicinity of a National Guard checkpoint near the town of Slovianoserbsk. The National Bank of Ukraine is expecting inflation in 2015 to lower to 10% compared to 17% this year and considers it inappropriate to increase the discount rate today, which stands at 12.5% per annum.
Premarket
External background at the opening is moderately negative.
The Asian indexes are showing mixed dynamics today. Nikkei rose by 0.25%, Hong Kong Hang Seng declining by 1.69%.
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 0.43%, RTS lowers by 0.54%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In the U.S. will be published wholesale inventories (5:00 PM) and EIA petroleum status report (5:00 PM).
ITT Investment group
Приложения к материалу:
