March 22nd, 2010
Yesterday, the American site of the second day in a row showed 1% growth, with especially positive news was no support was provided by correction of the dollar, which soared thanks to commodity prices. Today, the markets calm, the dynamics of the neutral European sites, without significant changes in traded futures for U.S. indices. In London, leaders of growth stocks of1000banks and insurance companies, which increased the recommendation from the major investment banks. Standard Life 4.5%, Barclays 2.4%, Lloyds 2.3%.
oil for 2 days soared by more than 5% on the background correction for the pair euro /dollar and positive for the stock markets. According to the American Petroleum Institute API oil per week increased by 4.72 million barrels. up to maximum levels for the month, but the data did not stop the rally in oil quotes. Today, official statistics released by the Ministry of Energy. Spot Brand Brent $ 75.69, WTI $ 77.23.
While the external background remains positive, we can expect attempts to update the maxima, to which the remaining 3%. However, this requires maintaining rise in the oil market, which could be in jeopardy in the event of a sharp rise in stocks in the U.S.. Great importance will be the data on index ISM Services, which will be released in the U.S. at 18:00. The index reflects the activity in the service sector, a similar figure in the industry on the eve showed an increase up to 5-year highs.
disappoint, in turn, can data from the U.S. labor market, which will come in the week. The unemployment rate in the U.S. is on the 26-year high, further deterioration will undermine the faith of many investors in the speedy economic recovery. I recommend to refrain from active operations, hold positions in cash and securities. Current growth is difficult to justify near-term prospects of the market is difficult to estimate, so it is best to reduce risks and wait for clarity.
The data on reserves can contribute to opening of short positions on the “oil industry”
Investors are still wary of shares in Rosneft: at the first negative signals of the market followed by sales
If the external sites will develop a second wave of downward movement, the Russian market, too, may well prosest
The technical analysis of currency pairs 03.02.2010
Review of the precious metals market for 02.02.10
Global giants do not complain about the lack of profit
Cabinet received the court”s decision to suspend the appointment of acting Lutsenko Interior Minister
Defective gas pedal obodetsya Toyota in 16,4 million dollars. “
Costs undermine budget



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