Last closure
On Thursday, March 12, trades in USA have come to the end with growth, as investors question the impact that a Federal Reserve rate increase would have on the market. Initial jobless claims dropped 36,000 to a three-week low of 289,000 in the period ended March 7 from a revised 325,000 in the prior week. The median forecast of economists called for 305,000 new applications. Retail sales in the United States fell 0.6% last month, a third straight retreat, including a 0.8% decline in January. On the day’s result, index Dow Jones rose by 1.47%, S&P has increased by 1.26%, Nasdaq grew by 0.89%.
European stock exchanges closed with decrease of main indexes, following their biggest advance in more than six weeks. Industrial production in the eurozone fell in January, an indication that the weakening euro has yet to deliver a significant boost to exporters, and a reminder that the currency area’s economic recovery remains fragile. The European Union’s statistics agency said Thursday that production by factories, mines and utilities during the first month of 2015 was 0.1% lower than in December, but 1.2% higher than in the same month of last year. German final consumer price inflation was up 0.9% in February, unchanged from previously and in line with expectations. On the day’s result, British FTSE rose by 0.59%, CAC 40 (France) has decreased by 0.21%, DAX (Germany) has lowered by 0.06%.
April’s contractual price on Brent oil, decreased by $0.46 to $57.08 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened by growth, day passed without certain dynamics. Value of the UX index has declined by 0.31% to 1089.55. Share trades capacity on the application market was equal to UAH 2.8 million. Trades capacity on the derivatives market was equal to UAH 13.5 million. Total trades capacity for yesterday — UAH 25.4 million.
From ten shares of an index basket, seven retreated. Leaders of growth were shares of Krukivsky Carriage Works (+2.34%). Worse than market looked shares of Avdiivka Coke Plant (-4.46%).
Ukraine may receive the first tranche of the International Monetary Fund in the amount of USD 5 billion until March 15. Prime Minister of Ukraine Arseniy Yatseniuk has said this during presentation of the first 100 days of the government's activity.
Premarket
External background at the opening is neutral. Ukraine's Ministry of Finance on Friday, March 13 in Kyiv, will hold its first consultations with creditors on the planned debt restructuring at which it will announce its parameters. Jaresko said that the main objective is to reduce the pressure on budget payments by $15 billion within four years.
The Asian indexes are growing today. Nikkei rose by 1.39%, Hong Kong Hang Seng increasing by 0.22%.
Futures on American indexes are growing today from 0.13% to 1.29%.
Russian indexes as of 9:45 EET are decreasing — MICEX decreasing by 0.05%, RTS lowers by 0.39%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In the U.S. will be published PPI (14:30 EET) and Michigan consumer sentiment (16:00 EET).
ITT Investment group
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