Last closure
On Friday, January 4, trades in USA have come to the end with decrease, despite a stronger-than-expected jobs report that signaled continued health in the U.S. economy. U.S. employers added to payrolls at a solid pace last month, a sign of steady momentum for the labor market after the strongest year of job growth in 15 years. Nonfarm payrolls rose a seasonally adjusted 252,000 in December, with broad-based gains across a wide array of sectors. The unemployment rate, which is obtained from a separate survey of U.S. households, was 5.6% in December, down two- tenths of a percentage point from the prior month and now at its lowest level since June 2008. The decline was partly because some people dropped out of the workforce. Economists had predicted payrolls would rise by 240,000 in December and the unemployment rate would tick down to 5.7%. On the day’s result, index Dow Jones has declined by 0.95%, S&P has lowered by 0.84%, Nasdaq has decreased by 0.68%.
European stock exchanges closed with decrease of main indexes, on mounting concerns that deflationary pressure will dampen global economic growth. ECB’s Governing Council last week was presented with models for buying as much as 500 billion euros ($592.68 billion) of AAA-rated debt or bonds rated at least BBB-, just a cut above junk. The ECB has previously said it wants to boost its balance sheet by €1 trillion. German industrial production unexpectedly fell for the first time in three months in November as energy output slumped, signaling that the recovery in Europe’s largest economy remains vulnerable. Output, adjusted for seasonal swings, fell 0.1% from October, when it climbed a revised 0.6%. Economists predicted an increase of 0.3%, according to the median of 25 estimates. Production dropped 0.5%% from a year earlier. On the day’s result, British FTSE has declined by 1.05%, CAC 40 (France) has decreased by 1.90%, DAX (Germany) has lowered by 1.92%.
Februarys’ contractual price on Brent oil, decreased by $0.85 to $50.11 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened by growth, day passed with positive dynamics. Value of the PFTS index has increased by 0.24% to 394.38. Share trades capacity on the equities market was equal to UAH 0.5 million. Trades capacity on the state bonds market was equal to UAH 104.4 million. Total trades capacity for Friday — UAH 107.5 million.
From twenty shares of an index basket, seven have risen. Leaders of growth were shares of Azovstal Iron and Steel Works (+1.24%). Worse than market looked shares of Krukivsky Carriage Works (-1.82%). The International Monetary Fund mission to Ukraine began its work on Thursday, January 8. The mission is to complete its work in Ukraine by the end of January 2015.
Premarket
External background at the opening is neutral.
The Asian indexes are growing today. Nikkei rose by 0.18%, Hong Kong Hang Seng increasing by 0.52%.
Futures on American indexes are growing today from 0.08% to 0.14%.
Russian indexes as of 10:00 AM are showing mixed dynamics — MICEX decreasing by 2.47%, RTS growing by 0.52%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In the U.S. will be published CB employment trends index (5:00 PM).
ITT Investment group
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