Last closure
On Tuesday, September 30, trades in USA have come to the end with decrease, as energy producers sank with the price of oil. Brent fell $17.69, or 16%, at $94.67 a barrel on the London-based ICE Futures Europe exchange over the three-month period. The North Sea oil closed at its lowest price since June 28, 2012. The Federal Reserve should continue to act fully independently from the U.S. Treasury even in times of crisis, Fed Gov. Jerome Powell said Tuesday in response to calls for closer cooperation between the two bodies in a Brookings Institution paper. The Chicago purchasing managers index fell to 60.5 in September from 64.3 in August. This was a bit worse than the 62.0 expected by economists. U.S. consumer confidence deteriorated in September to 86.0 this month from a reading of 93.4 in August, whose figure was revised up from a previously reported 92.4. Analysts expected the index to decline to 92.5 in September. On the day’s result, index Dow Jones has declined by 0.17%, S&P has lowered by 0.28%, Nasdaq has decreased by 0.28%.
European stock exchanges closed with mixed dynamics of main indexes, as investors speculated that the European Central Bank will boost stimulus after a report showed euro-area inflation slowed this month. The annual rate of inflation in the eurozone fell further below the European Central Bank's target in September, and to its lowest level since October 2009. The decline is a setback to the ECB which, earlier this month, launched a series of measures designed to boost growth and start to move the inflation rate back toward its goal of just below 2.0%. It is too soon for those measures to have had an impact, but the further drop in the rate at which consumer prices are increasing underlines the severity of the threat confronting policy makers. The European Union's statistics agency said consumer prices were just 0.3% higher than in September 2013, as the inflation rate slowed from 0.4% in August. The inflation rate has now been below 1.0% for 12 straight months. Figures released by Eurostat also showed that the jobless rate was unchanged at 11.5% in August from in July, while the number of people without work fell by 137,000, leaving 18.35 million unemployed. On the day’s result, British FTSE has declined by 0.36%, CAC 40 (France) grew by 1.33%, DAX (Germany) has increased by 0.55%.
Octobers’ contractual price on Brent oil, decreased by $2.53 to $94.67 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened on neutral territory, day passed without certain dynamics. Value of the UX index has increased by 0.35% to 1077.15. Share trades capacity on the application market was equal to UAH 4.4 million. Trades capacity on the derivatives market was equal to UAH 5.8 million. Total trades capacity for yesterday — UAH 32.7 million.
From ten shares of an index basket, seven have risen. Leaders of growth were shares of Avdiivka Coke Plant (+3.12%). Worse than market looked shares of Krukivsky Carriage Works (-1.39%).
Russia is expecting Ukraine not just to pay $1.9 billion in advance for new gas but also to pay $2 billion that it owes for gas already supplied before gas deliveries can resume, Russian Energy Minister Alexander Novak told reporters. Ukraine itself has said it intends to pay a first tranche of $1.5 billion towards its debt at the end of October.
Premarket
External background at the opening is neutral. China's official manufacturing PMI was unchanged at 51.1 in September. This was a bit higher than the 51.0 expected by economists. The Asian indexes are decreasing today. Nikkei has lowered by 0.56%, Hong Kong Hang Seng declining by 1.28%.
Futures on American indexes are decreasing today from 0.02% to 0.14%.
Russian indexes as of 10:00 AM are rising — MICEX increasing by 0.21%, RTS growing by 0.08%.
Our expectations
We expect opening of the Ukrainian market decrease.
In Europe will be published Manufacturing PMI in Italy, France, Germany, in the E.U. and in the U.K. (10:45-11:30 AM).
In the U.S. will be published ADP Nonfarm Employment Change (3:15 PM) and ISM Manufacturing PMI (5:00 PM).
ITT Investment group
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