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European premarket from Sergei Kostenko

 
Markets are totally running out of ideas
 
European stock markets ended the week on a negative note, because of uneven results of corporate reporting in Europe and the U.S.. Lack of certainty as to the adoption of Spain's financial assistance, as well as the expectation of the results of the presidential elections in the U.S., led investors to reduce their appetite for risky game. In this situation, the pressure is still paper were the European banking sector.
Index DJ EURO STOXX BANK up to previous trading closed at 104.17 (-1.04%). Shares of Deutsche Bank, BBVA and UniCredit fell from 1.46% to 1.77%.
 
Major European indexes at the close of the previous trading session: FTSE 100 - 5,793.32 (-0.62%); DAX 30 - 7,232.49 (-0.68%); CAC 40 - 3,389.08 (-0.72%). Futures on the DJ STOXX 50 in the morning prior to the opening of trading in Europe is 2,458.00 (-0.36%). Trading in Europe opened to reduce the major stock indexes.
 
European index of "blue chips" FTSEurofirst 300, closed on Thursday at 1,093.33 (-0.50%).
 
Before the opening of the European session US yield on 10-year T-Note is 1.65% (-0.003 NCP), the 10-year German Government Bonds is 1.46% (+0.010 NCP), and the 10-year UK Government Bonds is 1.72% (-0.062 NCP).
 
Oil futures morning before the opening of the European trading session on Friday to continue the corrective decline amid fears of deterioration in general economic conditions in the world economy and the fall in demand for crude oil.
Brent Oil (ICE) in morning electronic trading before the opening of Europe at 114.05 (-0.50%), and U.S. crude oil WTI (ICE) 91.09 (-0.85%).
Gold futures morning at 1,772.20 (+0.09%), quotes of copper at
374.05 (-0.29%).
Commodity Index CRB Index for the previous trading day was 306.55 (-0.75%).
 
In the currency market continues to consolidate amid emerging corporate reporting companies and waiting for the results of presidential elections in the U.S..
Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 80.03 (+0.36%).
    
Prediction of the day:
EUR/USD pair continues to form a triangle shape with the absence of a clear perspective on the market. One can assume that it will continue to move in the range of 1.2850-1.3000 in the near term.
 
Events today:
Moscow time
11.15 Switzerland PPI September n / a; 0,3% m / m and 0.5% m / m
16.00 U.S. President's speech the New York Fed U.Dadli
16.30 U.S. retail sales excluding auto sales in September n / a; 0,6% m / m and 0.8% m / m
16.30 U.S. retail sales in September n / a; 0,7% m / m and 0.9% m / m
16.30 U.S. index of business activity in the industry FBI in New York in October n / a; -4,5; -10,4
18.00 U.S. stocks in volume of business in August n / a; 0,5% m / m and 0.8% m / m
18.30 The report of the Bank of Canada, Canada's economic conditions and business prospects
20.45 U.S. President's speech Richmond Fed Dzh.Lekera
23.20 Presentation Canada Governor of the Bank of Canada M.Karni
 
Sergei Kostenko
 

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