Last closure
On Tuesday, September 16, trades in USA have come to the end with growth, on a report that China’s central bank is boosting stimulus measures. China provided 500 billion yuan ($81.4 billion) of liquidity to the country’s five biggest banks as Premier Li Keqiang steps up stimulus to support economic growth. Producer price inflation in the U.S. was flat in August, while core prices inched up modestly, official data showed on Tuesday. Producer prices were unchanged last month, compared to forecasts for a 0.1% gain, after rising 0.1% in July. On the day’s result, index Dow Jones rose by 0.55%, S&P has increased by 0.75%, Nasdaq grew by 0.75%.
European stock exchanges closed with decrease of main indexes, amid speculation about the timing of a U.S interest-rate increase and this week’s vote on Scottish independence. After slight losses (minus 1.7 points) in September, the ZEW Indicator of Economic Sentiment for Germany stands at 6.9 points (long-term average: 24.6 points). The indicator has dropped for the ninth consecutive time to a 21-month low, although to a much lesser extent than in August. The ZEW Indicator of Economic Sentiment for the Eurozone has also declined in September. The indicator has lost 9.5 points compared to the previous month, now standing at 14.2 points. The indicator for the current economic situation in the euro area decreased by 10.0 points to a value of minus 43.8 points. The UK Consumer Price Index revealed prices for goods and services, including food and gas, rose by 1.5% year-on-year in August compared to 1.6% in July. On the day’s result, British FTSE has declined by 0.18%, CAC 40 (France) has decreased by 0.44%, DAX (Germany) has lowered by 0.28%.
Octobers’ contractual price on Brent oil, decreased by $0.02 to $96.63 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 2.47% to 1086.94. Share trades capacity on the application market was equal to UAH 6.7 million. Trades capacity on the derivatives market was equal to UAH 7.2 million. Total trades capacity for yesterday — UAH 80.9 million.
From ten shares of an index basket, seven have risen. Leaders of growth were shares of Krukivsky Carriage Works (+7.37%) and Avdiivka Coke Plant (+5.19%). Worse than market looked shares of Donbasenergo (-1.25%).
The European Parliament completed the ratification of the European Union - Ukraine Association Agreement in Strasbourg on Tuesday by confirming that part of the agreement which deals with citizens of third countries legally employed in the territory of either side. Prior to that, it approved the main part of the agreement. The Ukrainian government has asked the European Commission to provide an additional EUR 2 billion in the form of macro-financial assistance, which will be sent to the budget. Retail turnover in Ukraine amounted to UAH 569.602 bn (US $44.160 bn) over eight months (January-August), which is 4% less than the indicators in the same period 2013, reported the State Statistics Service.
Premarket
External background at the opening is moderately negative.
The Asian indexes are showing mixed dynamics today. Nikkei has lowered by 0.14%, Hong Kong Hang Seng increasing by 1.02%.
Futures on American indexes are decreasing today from 0.08% to 0.14%.
Russian indexes as of 10:00 AM are decreasing — MICEX decreasing by 1.53%, RTS lowers by 0.52%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published Claimant Count Change in the U.K. (11:30 AM) and CPI in the E.U. (12:00 AM).
In the U.S. will be published consumer price index (3:30 PM), NAHB housing market index (5:00 PM), FOMC meeting announcement (9:00 PM), Fed Chair Yellen press conference will start at 9:30 PM.
ITT Investment group
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