Last closure
On Monday, July 6, trades in USA have come to the end with decrease, as Greeks voted to reject creditor conditions for more loans. The pace of growth in the U.S. services ticked higher in June after dropping to a 13-month low in May, as reads on business activity and new orders improved, an industry report showed on Monday. The Institute for Supply Management said its services sector index increased to 56.0, just short of analysts' expectations of 56.2 in a Reuters survey, from 55.7 in May. On the day’s result, index Dow Jones has declined by 0.26%, S&P has lowered by 0.39%, Nasdaq has decreased by 0.34%.
European stock exchanges closed with decrease of main indexes. In a Sunday referendum on creditor demands for spending cuts and tax hikes in exchange for more bailout money, 61% of Greeks voted no, a much higher proportion than anticipated. Some analysts attributed the lack of sharper sell-off in stock markets to the resignation of the Greek finance minister, which might help bailout talks resume. German Chancellor Angela Merkel and French President François Hollande were expected to meet in Paris later Monday, and eurozone leaders were slated to meet Tuesday in Brussels. Separately, markets were waiting for any word from the European Central Bank on what it will do with emergency lending to Greek banks. On the day’s result, British FTSE has declined by 0.76%, DAX (Germany) has lowered by 1.52%, CAC 40 (France) has decreased by 2.01%.
Augusts’ contractual price on Brent oil, decreased by $5.53 to $56.53 per barrel, amid the Greek debt crisis and continued turmoil in China's battered stock markets. Iran, the fourth-largest member of the OPEC, has estimated it could double crude exports from about 1 million barrels a day within six months of sanctions being lifted.
In Ukraine
Trades on the Ukrainian stock exchange opened by decrease, day passed without certain dynamics. Value of the UX index has declined by 0.02% to 1015.25. Share trades capacity on the application market was equal to UAH 1 million. Trades capacity on the derivatives market was equal to UAH 10.1 million. Total trades capacity for yesterday — UAH 19.2 million.
From ten shares of an index basket, four have risen. Leaders of growth were shares of Azovstal Iron and Steel Works (+1.26%). Worse than market looked shares of Ukrnafta (-1.34%).
The European Bank for Reconstruction and Development is considering investing in the share capital of PJSC Raiffeisen Bank Aval, Ukraine's second largest bank with Western capital, to obtain a significant minor stake.
Premarket
External background at the opening is neutral.
The Asian indexes are showing mixed dynamics today. Nikkei rose by 1.31%, Hong Kong Hang Seng declining by 0.58%.
Futures on American indexes are growing today from 0.43% to 0.53%.
Russian indexes as of 10:01 EET are showing mixed dynamics — MICEX increasing by 0.08%, RTS lowers by 0.87%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In the U.K. will be published manufacturing production (11:30 EET).
In the U.S. will be published trade balance (15:30 EET) and data on JOLTs job openings (17:00 EET).
ITT Investment group
Приложения к материалу:
