Last closure
On Friday, October 30, trades in USA have come to the end with decrease, as government data revealed that wages and consumer spending growth remain feeble. U.S. government economic data released Friday and earlier this week suggests the economy is still sluggish, stuck in a pattern of gradual but uneven growth it has followed since the Great Recession. But the outlook for future growth improved and fears waned that a slowing Chinese economy would send the U.S. economy into a tailspin. The Commerce Department said Friday that consumer spending inched up just 0.1 percent in September, partly because consumers were spending less on gasoline as energy prices fell. The gain was the smallest in eight months. The department said Thursday that economic growth slowed sharply in the summer, although most economists think the economy has improved this month. On the day’s result, index Dow Jones has declined by 0.52, S&P has lowered by 0.48%, Nasdaq has decreased by 0.40%.
European stock exchanges closed with mixed dynamics of main indexes. Data released Friday showed inflation in the eurozone in October was unchanged from the year-ago period. Consumer prices were 0.1% lower in September, said the European Union’s statistics agency. Separately, the eurozone’s unemployment rate fell to 10.8% in September from 10.9% in August, marking its lowest level since January 2012. On the day’s result, British FTSE has declined by 0.54%, DAX (Germany) has increased by 0.46%, CAC 40 (France) grew by 0.24%.
Novembers’ contractual price on Brent oil, grew by $0.76 to $49.56 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 declined by 0.60% to 793.19. Share trades capacity on the application market was equal to UAH 1.9 million. Trades capacity on the derivatives market was equal to UAH 10.8 million. Total trades capacity for yesterday — UAH 23.6 million.
From ten shares of an index basket, three have risen. Leaders of growth were shares of Azovstal Iron and Steel Works (+1.63%). Worse than market looked shares of Krukivsky Carriage Works (-4.21%).
Fitch Ratings has affirmed Ukraine-based Interpipe Limited's Long-term Issuer Default Rating (IDR) at 'RD' (Restricted Default), Fitch said in a press release. Additionally, the senior secured rating of the company's 2017 eurobonds has been affirmed at 'C'. The bond's Recovery Rating is 'RR5'.
Premarket
External background at the opening is moderately negative. Manufacturing activity slumped again in China in October although at a less severe pace than the previous month, a closely-watched survey showed Monday. The preliminary Caixin China manufacturing purchasing managers' index rose to 48.3 in October, above the 47.5 forecast. The Asian indexes are decreasing today. Nikkei has lowered by 2.10%, Hong Kong Hang Seng declining by 1.06%.
Futures on American indexes are decreasing today from 0.33% to 0.39%.
Russian indexes as of 10:44 EET are decreasing — MICEX decreasing by 0.44%, RTS lowers by 0.67%.
Our expectations
We expect opening of the Ukrainian market by decrease.
In Europe will be published index IFO in Germany (11:00 EET) and data on GDP in the U.K. (11:30 EET).
In the U.S. will be published initial jobless claims (15:30 EET) and data on durable goods orders (15:30 EET).
ITT Investment group
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