Last closure
On Wednesday, October 29, trades in USA have come to the end with decrease, after the Federal Reserve confirmed it will end its asset-purchase program amid signs of a strengthening economy. The Fed retained its commitment to keep interest rates low for a “considerable time” as it ended a two-day policy meeting. Officials said labor market conditions “improved somewhat further,” and that a range indicators suggests that “underutilization of labor resources is gradually diminishing,” modifying earlier language that referred to “significant underutilization.” On the day’s result, index Dow Jones has declined by 0.14%, S&P has lowered by 0.33%, Nasdaq has decreased by 0.29%.
European stock exchanges closed with mixed dynamics of main indexes, as investors weighed better-than-expected results from companies including Total SA and Schneider Electric SE, and a disappointing report from Banco Bilbao Vizcaya Argentaria SA. Total and Schneider Electric each added at least 2%. Fiat Chrysler Automobiles NV rallied 13% after saying it will spin off its Ferrari unit. Banco Bilbao Vizcaya Argentaria SA slid 4.1% as it posted profit that missed analyst projections. On the day’s result, British FTSE rose by 0.81%, CAC 40 (France) has decreased by 0.05%, DAX (Germany) has increased by 0.16%.
Novembers’ contractual price on Brent oil, grew by $1.09 to $87.12 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 2.85% to 1104.98. Share trades capacity on the application market was equal to UAH 3.9 million. Trades capacity on the derivatives market was equal to UAH 3.7 million. Total trades capacity for yesterday — UAH 30.7 million.
From ten shares of an index basket, nine retreated. Better than market looked shares of Avdiivka Coke Plant (+0.69%). Worse than market looked shares of Azovstal Iron and Steel Works (-4.65%) and Alchevsk Metallurgical Plant (-4.58%).
Ukraine and Russia bargained late into the night on Wednesday but European Union officials trying to broker a deal to resume gas supplies to Kiev as winter sets in said there was still no accord to announce. At talks in Brussels hosted by energy commissioner Guenther Oettinger two days before he makes way for a new EU executive team. The EU, which has lending facilities to Ukraine along with the IMF, is looking at releasing more funds. And Germany, a key ally for Ukraine's pro-Western leaders, has spoken of providing international "bridging finance" to see Kiev through the winter.
Premarket
External background at the opening is neutral.
The Asian indexes are showing mixed dynamics today. Nikkei rose by 0.79%, Hong Kong Hang Seng declining by 0.67%.
Futures on American indexes are slightly growing today to 0.15%.
Russian indexes as of 9:40 AM are showing mixed dynamics — MICEX increasing by 0.17%, RTS lowers by 1.31%.
Our expectations
We expect opening of the Ukrainian market by decrease.
In Europe will be published German unemployment change (10:55 AM).
In the U.S. will be published initial jobless claims (2:30 PM) and data on GDP (2:30 PM).
Federal Reserve Chair Janet Yellen gives welcoming remarks at diversity conference at Fed in Washington DC, at 3:00 PM.
ITT Investment group
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