Last closure
On Tuesday, January 12, trades in USA have come to the end with growth, following a day of market stability in China. Federal Reserve Bank of Richmond President Jeffrey Lacker said on Tuesday that the economies of the United States and China are linked less than recent volatility in U.S. equity markets seem to imply. I think our real economies are linked less than you would think from the extent to which our equity markets seem to have moved in parallel with movements in their exchange rate and their equity markets, Lacker said following remarks to a business group in Columbia, South Carolina. On the day’s result, index Dow Jones rose by 0.72%, S&P has increased by 0.78%, Nasdaq grew by 1.03%.
European stock exchanges closed with growth of main indexes. Manufacturing production in the U.K. fell for the second straight month in November, dampening optimism over the country's economic outlook. In a report, the U.K. Office for National Statistics said that manufacturing production decreased by a seasonally adjusted 0.4% in November, disappointing expectations for a gain of 0.1% and following a decline of 0.4% a month earlier. On the day’s result, British FTSE rose by 0.98%, DAX (Germany) has increased by 1.63%, CAC 40 (France) grew by 1.53%.
Februarys’ contractual price on Brent oil, decreased by $0.69 to $30.86 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 0.04% to 661.87. Share trades capacity on the application market was equal to UAH 2.2 million. Trades capacity on the derivatives market was equal to UAH 5.3 million. Total trades capacity for yesterday — UAH 14.4 million.
From ten shares of an index basket, six have risen. Leaders of growth were shares of Ukrnafta (+2.34%). Worse than market looked shares of Enakievo Metallurgical Plant (-7.13%).
Ukraine's total direct and guaranteed state debt in October-November 2015 fell by $5.52 billion or 7.8%, reaching $65.15 billion, the Finance Ministry of Ukraine reported on Tuesday. In hryvnias, state debt fell by 2.3% or UAH 34.714 billion, to UAH 1.521 trillion. This is linked to devaluation of the hryvnia over the period from UAH 21.5275/$1 to UAH 23.8847/$1.
Premarket
External background at the opening is moderately positive. China’s trade balance widened to $60 billion, taking the full-year tally to $594.5 billion, helping offset capital outflows that have pressured the yuan. Exports slid 1.4% in U.S. dollar terms in December from a year earlier, while rising when counted in the local currency. The Asian indexes are growing today. Nikkei rose by 2.88%, Hong Kong Hang Seng increasing by 1.18%.
Futures on American indexes are growing today from 0.47% to 0.48%.
Russian indexes as of 10:44 EET are rising — MICEX increasing by 0.75%, RTS growing by 0.85%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In the E.U. will be published data on industrial production (12:00 EET).
In the U.S. will be published crude oil inventories (17:30 EET) and beige book (21:00 EET).
ITT Investment group
