Last closure
On Wednesday, July 1, trades in USA have come to the end with growth, as investors looked beyond the latest developments in Greece and focused on economic data. The May ISM Manufacturing Survey shows a slight improvement from last month, yet nothing to write home about. The composite PMI increased by 0.7%age points to 53.5%. Manufacturing employment accelerated and order backlogs dropped. Prices for manufacturers didn't change for the month. Private payrolls in the U.S. increased by 237,000 jobs in June, according to the national employment report compiled by payroll processor Automatic Data Processing and forecasting firm Moody’s Analytics. Economists expected ADP would report a gain of 220,000 jobs last month. The May ADP increase was revised to 203,000 from 201,000. On the day’s result, index Dow Jones rose by 0.79%, S&P has increased by 0.69%, Nasdaq grew by 0.53%.
European stock exchanges closed with growth of main indexes. Greece has already missed a $1.7-billion payment to the International Monetary Fund, after previous proposals to creditors were rebuffed. Three days of capital controls, rationing pensions and the expiry of its bailout pushed the Greek government to say it’s willing to accept creditors’ latest offer as a basis for compromise. Sunday’s referendum remains a stumbling block, along with disagreements over pensions, spending and taxes. Tsipras called for voters to reject austerity measures to help strengthen the government’s negotiating position. The final manufacturing PMI for the German manufacturing sector edged up to 51.9 points in June from the 51.1 booked in May. The gauge confirmed the preliminary result of 51.9. While The final manufacturing PMI for the euro zone came in at 52.5 points in June, following 52.2 in May, a 14-month high and confirming the preliminary reading. On the day’s result, British FTSE rose by 1.34%, DAX (Germany) has increased by 2.15%, CAC 40 (France) grew by 1.94%.
Augusts’ contractual price on Brent oil, decreased by $1.58 to $62.01 per barrel.
In Ukraine
Trades on the Ukrainian stock exchange opened by decrease, day passed with negative dynamics. Value of the UX index has declined by 1.28% to 1013.07. Share trades capacity on the application market was equal to UAH 1.9 million. Trades capacity on the derivatives market was equal to UAH 12.3 million. Total trades capacity for yesterday — UAH 23.2 million.
From ten shares of an index basket, two have risen. Leaders of growth were shares of Ukrnafta (+1.57%). Worse than market looked shares of Motor Sich (-3.53%).
The surplus of Ukraine's consolidated balance of payments in May 2015 was $320 million, which is 3.2 times less than in May 2014, according to preliminary data posted on the website of the National Bank of Ukraine.
Premarket
External background at the opening is neutral.
The Asian indexes are growing today. Nikkei rose by 0.95%, Hong Kong Hang Seng increasing by 0.06%.
Futures on American indexes are slightly growing today from 0.01% to 0.03%.
Russian indexes as of 10:01 EET are showing mixed dynamics — MICEX increasing by 0.11%, RTS lowers by 0.38%.
Our expectations
We expect opening of the Ukrainian market on neutral territory.
In Europe will be published data on construction PMI in the U.K. (11:30 EET).
In the U.S. will be published initial jobless claims (15:30 EET), nonfarm payrolls (15:30 EET) and unemployment rate (15:30 EET).
ITT Investment group
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