Last closure
On Tuesday, November 4, trades in USA have come to the end with growth, while crude oil extended declines. Producer price inflation in the U.S. rose more than expected in October, while core prices also topped forecasts. producer prices inched up by a seasonally adjusted 0.2%, compared to forecasts for a 0.1% decline, after falling 0.1% in September. Year-over-year, the producer price index rose at an annualized rate of 1.5% in October, above expectations for a 1.2% increase and following a gain of 1.6% in the preceding month. The core producer price index eased up by a seasonally adjusted 0.4% last month, above expectations for a gain of 0.2% and following a flat reading in September. On the day’s result, index Dow Jones rose by 0.23%, S&P has increased by 0.51%, Nasdaq grew by 0.67%.
European stock exchanges closed with growth of main indexes, as a report showed German investor confidence advanced for the first time this year. ZEW Centre for Economic Research said that its index of German economic sentiment rose by 15.1 points to 11.5 this month from October's reading of minus 3.6. Analysts had expected the index to improve by 4.5 points to 0.9 in November. Meanwhile, the index of euro zone economic sentiment increased to 11.0 in October from 4.1 in September, above expectations for an increase to 4.3. On the index, a level above 0.0 indicates optimism, a level below 0.0 indicates pessimism. On the day’s result, British FTSE rose by 0.56%, CAC 40 (France) grew by 0.86%, DAX (Germany) has increased by 1.61%.
Decembers’ contractual price on Brent oil, decreased by $0.84 to $78.47 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened on neutral territory, day passed with positive dynamics. Value of the UX index has increased by 1.87% to 981.05. Share trades capacity on the application market was equal to UAH 6.1 million. Trades capacity on the derivatives market was equal to UAH 7.2 million. Total trades capacity for yesterday — UAH 38.45 million.
From ten shares of an index basket, seven have risen. Leaders of growth were shares of Alchevsk Metallurgical Plant (+8.43%) and Azovstal Iron and Steel Works (+6.23%). Worse than market looked shares of Raiffeisen Bank Aval (-0.67%).
Ukraine's agricultural sector may grow by 5% in 2014, while GDP may decline by 7% due to hostilities in the east of the country, Ukrainian Prime Minister Arseniy Yatseniuk said.
Premarket
External background at the opening is moderately negative.
The Asian indexes are decreasing today. Nikkei has lowered by 0.32%, Hong Kong Hang Seng declining by 0.67%.
Futures on American indexes are decreasing today from 0.03% to 0.11%.
Russian indexes as of 10:01 AM are showing mixed dynamics — MICEX increasing by 0.10%, RTS lowers by 0.29%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published MPC meeting minutes (11:30 AM).
In the U.S. will be published building permits (3:30 PM), building permits (3:30 PM) and FOMC Meeting Minutes (9:00 PM).
ITT Investment group
Приложения к материалу:
