Last closure
On Thursday, February 5, trades in USA have come to the end with growth, as oil resumed a rebound. Applications for unemployment benefits increased by 11,000 to 278,000 in the week ended Jan. 31, from a revised 267,000 in the prior period. The median forecast called for a rise to 290,000. Nonfarm payrolls rose by 230,000 last month, while the unemployment rate remained at 5.6%. U.S. worker productivity fell at a 1.8% seasonally adjusted annual rate in the fourth quarter. From a year earlier, productivity was flat in the fourth quarter. Productivity declined in the fourth quarter because output rose at a 3.2% pace but hours worked increased at a 5.1% rate, the largest jump in hours since the fourth quarter of 1998. On the day’s result, index Dow Jones rose by 1.20%, S&P has increased by 1.03%, Nasdaq grew by 1.03%.
European stock exchanges closed with mixed dynamics of main indexes. The Economic Bulletin released by the European Central Bank highlighted the effects of the sharp decline in oil prices as well as the continuing low inflation environment in the Eurozone. The bulletin stated that the recent decline in oil prices is supporting the global economic recovery. The Bank of England voted to keep interest rates at a record-low 0.50%, where they have stood for nearly six years, amid fears of deflation and slowing growth. Policymakers also decided to maintain the level of quantitative easing cash stimulus at £375 billion ($571 billion, 500 billion euros), the BoE said in a statement at the conclusion of a two-day meeting. On the day’s result, British FTSE rose by 0.09%, CAC 40 (France) grew by 0.15%, DAX (Germany) has lowered by 0.05%.
March contractual price on Brent oil, grew by $2.41 to $56.57 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 2.41% to 1017.77. Share trades capacity on the application market was equal to UAH 4.3 million. Trades capacity on the derivatives market was equal to UAH 9.4 million. Total trades capacity for yesterday — UAH 28.5 million.
All ten shares of an index basket have risen. Leaders of growth were shares of Ukrnafta (+6.74%) and Avdiivka Coke Plant (+4.92%).
Ukraine's international reserves in January 2015 decreased by 14.8%, to $6.42 billion. The dynamics of reserves in January 2015 was largely due to the implementation of payments by the government and the NBU to repay and service the state and guaranteed debt in foreign currency ($624.4 million), including payments to the International Monetary Fund.
Premarket
External background at the opening is positive. German industrial production was up 0.1% after a revised 0.1% gain in November, a report from the Economy Ministry in Berlin showed on Friday. The increase in the typically volatile figures compares with a median estimate of a 0.4% gain.
The Asian indexes are showing mixed dynamics today. Nikkei rose by 0.82%, Hong Kong Hang Seng declining by 0.37%.
Futures on American indexes are changing today from -0.01% to +0.04%.
Russian indexes as of 10:00 EET are rising — MICEX increasing by 2.48%, RTS growing by 3.14%.
Our expectations
We expect opening of the Ukrainian market by growth.
In Europe will be published trade balance in the U.K. (11:30 EET).
In the U.S. will be published nonfarm payrolls (15:30 EET) and unemployment rate (15:30 EET).
ITT Investment group
