Last closure
On Friday, December 18, trades in USA have come to the end with decrease. The Fed raised interest rates on Wednesday for the first time in nine years, expressing its confidence in the economy and markets and their ability to absorb higher rates. It’s hard to argue the U.S. economy still needs interest rates at the crisis level of zero. Investor confidence has suffered on concern that slumping oil prices would further hurt energy companies and the many businesses and countries that supply them. That raises worries about a global recovery already in doubt because of China's economic slowdown. On the day’s result, index Dow Jones has declined by 2.10%, S&P has lowered by 1.78%, Nasdaq has decreased by 1.59%.
European stock exchanges closed with decrease of main indexes, after the Federal Reserve’s decision to raise interest rates for the first time since 2006, and investors remained cautious on the price of oil. On the day’s result, British FTSE has declined by 0.82%, DAX (Germany) has lowered by 1.21%, CAC 40 (France) has decreased by 1.12%.
Januarys’ contractual price on Brent oil, decreased by $0.18 to $36.88 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened on neutral territory, day passed with negative dynamics. Value of the UX index has declined by 1.91% to 670.67. Share trades capacity on the application market was equal to UAH 5.6 million. Trades capacity on the derivatives market was equal to UAH 5.6 million. Total trades capacity for yesterday — UAH 21.1 million.
From ten shares of an index basket, two have risen. Leaders of growth were shares of Alchevsk Metallurgical Plant (+3.77%). Worse than market looked shares of Enakievo Metallurgical Plant (-5.13%).
The Ukrainian government has announced the imposition of a moratorium on the payment of a $3.582-billion debt on the so-called Russian eurobonds issued at the end of 2013 for $3 billion and on the state-guaranteed loans the Pivdenne Design Bureau and Ukravtodor owe Russian banks, Ukrainian Prime Minister Arseniy Yatseniuk said on Friday. The gross external debt of Ukraine in July-September 2015 increased by 0.4%, to $127.5 billion, according to the National Bank of Ukraine.
Premarket
External background at the opening is neutral.
The Asian indexes are showing mixed dynamics today. Nikkei has lowered by 0.37%, Hong Kong Hang Seng increasing by 0.26%.
Futures on American indexes are slightly changing decreasing growing today from 0.% to 0.%.
Russian indexes as of 10:42 EET are showing mixed dynamics — MICEX increasing by 0.20%, RTS lowers by 0.60%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In the U.S. will be published Сhicago Fed national activity (15:30 EET).
In Europe will be published consumer confidence (17:00 EET).
ITT Investment group
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