Last closure
On Thursday, January 10, trades in USA have come to the end with decrease, s concerns about global economic weakness intensified. Initial jobless claims totaled 269,000 last week, fewer than expected, and the lowest print of the year. Economists had estimated that there were 280,000 first-time filings for unemployment insurance last week, down from 285,000 in the prior period. Federal Reserve Chair Janet Yellen returned to Congress on Thursday and again stressed that the U.S. central bank was not on a pre-set path to return policy to normal given a worsening meltdown in global stock markets. But, testifying for a second day before U.S. lawmakers, Yellen said she still expects the Fed will gradually raise interest rates this year, given a strong U.S. labor market and steady economic growth. On the day’s result, index Dow Jones has declined by 1.60%, S&P has lowered by 1.23%, Nasdaq has decreased by 0.39%.
European stock exchanges closed with decrease of main indexes, as bank and commodity stocks sold off. Talks with Greece on reforms are progressing but more needs to be done on pensions reform, fiscal issues and the setting up of a privatization fund, the head of the group of euro zone finance ministers said on Thursday. On the day’s result, British FTSE has declined by 2.39%, DAX (Germany) has lowered by 2.93%, CAC 40 (France) has decreased by 4.05%.
Februarys’ contractual price on Brent oil, decreased by $0.78 to $30.06 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened by decrease, day passed without certain dynamics. Value of the UX index has declined by 0.20% to 620.17. Share trades capacity on the application market was equal to UAH 4.5 million. Trades capacity on the derivatives market was equal to UAH 10.1 million. Total trades capacity for yesterday — UAH 14.9 million.
From ten shares of an index basket, three have risen. Leaders of growth were shares of Azovstal Iron and Steel Works (+4.53%). Worse than market looked shares of Donbasenergo (-2.23%).
The International Monetary Fund will continue cooperation with Ukrainian authorities after the second revision of the EFF program for Ukraine is completed, Director of the IMF Communications Department Gerry Rice has stated.
Premarket
External background at the opening is moderately positive. Germany's GDP expanded by 0.3% in the period from October to December, the same rate of growth as in the preceding three months.
Futures on American indexes are growing today from 0.26% to 0.40%.
Russian indexes as of 9:40 EET are rising — MICEX increasing by 0.68%, RTS growing by 1.58%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published GDP in the E.U. (12:00 EET).
In the U.S. will be published retail sales (15:30 EET) and Michigan consumer sentiment (17:00 EET).
ITT Investment group
Приложения к материалу:
