Domestic investors shared American and European optimism in the last summer day.
Trade volume decreased on the UX market of applications, which may be connected to the season factor and bullish moods strengthening. Nevertheless, we could consider the power of current trend only after the reaction of Ukrainian market to the negative.
The USA stock indices did not manage to save the achievements of trade session opening, though they finished the day in green zone. Statistics is different and does not make any suppositions for stable growth. We should kindly remind you that the review of labor in private sector showed that quantity of working people decreased in August more than expected. Chicago index of business activity exceeded expectations of economists.
European stock indices showed a great growth.
Asian indices demonstrate different dynamics. Chinese SSEC lost 0,55%. Japanese Nikkei, Korean KOSPI increased by 1,18 %, 0,03 % respectively. Chinese index of business activity in industrial sector disappointed investors, it totaled 50,9 points in August against 51,0 points expected and 50,7 points previously. Inflation accelerates in South Korea. Consumer price index increased by 0,9% in August, against +0,4% expected and +0,7% previously. Non-residents keep selling Japanese shares. Net investments of non-residents decreased by JPY 338 billion during the past week, the previous change was JPY -334,9 billion.
Russian RTS index opened the day with a drop.
EUR-USD exchange rate stepped out of consolidation and pointed down in the 2nd half of the day yesterday. This may be a reaction to the approval of regulation on EFSF authority extension made by German government. Cabinet of federal chancellor Angela Merkel approved the regulation, this document implicates that the further credits to the debt countries issued by EFSF must get the confirmation of all EU countries. We should kindly remind you that the decrease of EUR-USD exchange rate affects the stock assets.
Negative external background was formed on the opening.
Today we will see published following statistics:
- 11:00 Industrial Purchase Management Index of EU
- 15:30 Non-Agricultural Labor Production (the USA)
- 15:30 Primary Unemployment Applications (the USA)
- 15:30 Expenses for working power per production unit (the USA)
- 17:00 Index of National Association of Bulk Purchase Management
Analytical department of IC IFG CAPITAL forecasts Index and Futures decrease by the results of the trade session.
