Last closure
On Tuesday, April 4, trades in USA have come to the end with mixed dynamics, by a rebound in oil prices and a handful of positive first-quarter earnings reports. U.S. retail sales rose 0.9% in March to $441.4 billion. That was the biggest monthly gain in a year, but was weaker than the 1.1% increase expected by economists. A gauge of U.S. business prices rose in March for the first time since October. The Labor Department said Tuesday the producer-price index gained 0.2% in March from February, in line with expectations. On the day’s result, index Dow Jones rose by 0.33%, S&P has increased by 0.16%, Nasdaq has decreased by 0.22%.
European stock exchanges closed with decrease of main indexes, overtaken by worries about Greece’s persistent debt troubles. Greece was back in focus, with the Financial Times reporting the country is preparing to default on some of its debt payments if talks with its creditors are unsuccessful. Greek Prime Minister Alexis Tsipras denied there were plans for default. On the day’s result, British FTSE rose by 0.16%, CAC 40 (France) has decreased by 0.69%, DAX (Germany) has lowered by 0.90%.
May’s contractual price on Brent oil, grew by $0.50 to $58.43 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened on neutral territory, day passed without certain dynamics. Value of the UX index has increased by 0.01% to 1016.40. Share trades capacity on the application market was equal to UAH 6.5 million. Trades capacity on the derivatives market was equal to UAH 13 million. Total trades capacity for yesterday — UAH 32.2 million.
From ten shares of an index basket, six have risen. Leaders of growth were shares of Avdiivka Coke Plant (+2.64%). Worse than market looked shares of Raiffeisen Bank Aval (-1.27%).
The fall of Ukraine's real gross domestic product (GDP) is expected to slow from 6.8% in 2014 to 5.5% in 2015, and it should recover in 2016 when it will rise by 2%, according to the World Economic Outlook (WEO). Ukraine's economy is expected to bottom out in 2015 as activity stabilizes with the beginning of reconstruction work, but the economy is still projected to contract by 5.5%, reads the report.
Premarket
External background at the opening is neutral. China’s gross domestic product rose 7% from a year earlier, in line with economists’ forecasts.
The Asian indexes are showing mixed dynamics today. Nikkei has lowered by 0.20%, Hong Kong Hang Seng increasing by 0.61%.
Futures on American indexes are decreasing today from 0.7% to 0.11%.
Russian indexes as of 10:00 EET are showing mixed dynamics — MICEX decreasing by 0.08%, RTS growing by 0.45%.
Our expectations
We expect opening of the Ukrainian market by decrease.
In Europe will be published interest rate decision by ECB (14:45 EET).
European Central Bank President Draghi press conference will start at 15:30 EET.
In the U.S. will be published NY empire state manufacturing index (15:30 EET) and data on industrial production (16:15 EET).
ITT Investment group
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