Last closure
On Monday, June 29, trades in USA have come to the end with decrease. Fears that Greece's troubles could spread through the global financial system shook markets on Monday, driving U.S. stocks to their worst day of the year. The Pending Home Sales Index, a forward-looking indicator based on contract signings, climbed 0.9% to 112.6 in May from a slight downward revision of 111.6 in April and is now 10.4% above May 2014 (101.9). The index has now increased year-over-year for nine consecutive months and is at its highest level since April 2006 (113.7). On the day’s result, index Dow Jones has declined by 1.95%, S&P has lowered by 2.09%, Nasdaq has decreased by 2.40%.
European stock exchanges closed with decrease of main indexes. European finance leaders have refused to extend Greece's bailout beyond Tuesday and the European Central Bank has frozen its emergency liquidity assistance to the debt-ridden country. As a result, the Greek government has imposed capital controls, closing the country's banks for a week and imposing a cap of €60 a day on cash withdrawals. Greek Prime Minister Alexis Tsipras has called for a referendum on 5 July so the people can decide whether to accept the terms of the bailout being offered by international creditors. On the day’s result, British FTSE has declined by 1.97%, DAX (Germany) has lowered by 3.56%, CAC 40 (France) has decreased by 3.54%.
July’s contractual price on Brent oil, decreased by $1.25 to $62.01 per barrel.
In Ukraine
On Friday, June 26, trades on the Ukrainian stock exchange opened by growth, day passed without certain dynamics. Value of the UX index has increased by 0.45% to 1024.62. Share trades capacity on the application market was equal to UAH 5.3 million. Trades capacity on the derivatives market was equal to UAH 4.9 million. Total trades capacity for yesterday — UAH 29.6 million.
From ten shares of an index basket, nine have risen. Leaders of growth were shares of Alchevsk Metallurgical Plant (+4.44%) and Avdiivka Coke Plant (+3.91%).
The monetary policy committee of the National Bank of Ukraine has suggested that the refinancing rate should remain unchanged at 30% to prop up the positive changes on the money market and ensure further stabilization. In case of further easing of inflationary risks, moving to liberalization of the monetary policy in the near future, the committee said in its recommendations following meetings on June 24-25.
Premarket
External background at the opening is neutral.
The Asian indexes are growing today. Nikkei rose by 0.63%, Hong Kong Hang Seng increasing by 1.32%.
Futures on American indexes are growing today from 0.26% to 0.30%.
Russian indexes as of 10:01 EET are decreasing — MICEX decreasing by 0.15%, RTS lowers by 0.62%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published German unemployment change (10:55 EET), data on GDP in the U.K. (11:30 EET) and CPI in the E.U. (12:00 EET).
In the U.S. will be published CB consumer confidence (17:00 EET).
ITT Investment group
Приложения к материалу:
