Home About the company Daily reviews European premarket from Sergei Kostenko

European premarket from Sergei Kostenko

 
Moody's has raised the investors mood...
 
European shares closed Tuesday on a report good growth from rating agency Moody `s, it confirms that a short-term credit rating of Spain's Prime-3. This report, as well as approval of the agency, that Spain is the EU summit will ask financial help, reassure investors and boosted risk appetite in financial markets. An additional positive factor was evidence of an increase in industrial production in the United States above a certain level. For this reason, the leaders of growth were the stocks of the European banking sector.
Index DJ EURO STOXX BANK up to previous trading closed at 105.23 (+1.02%). Shares of Deutsche Bank, BBVA and Lloyds soared from 5.06% to 6.05%.
 
Major European indexes at the close of the previous trading session: FTSE 100 - 5,870.54 (+1.12%); DAX 30 - 7,376.27 (+1.58%); CAC 40 - 3,500.94 (+2.36%). Futures on the DJ STOXX 50 in the morning prior to the opening of trading in Europe is 2,548.00 (+0.24%). Trading in Europe will open growth of the major stock indexes.
 
European index of "blue chips" FTSEurofirst 300, closed on Monday at 1,113.14 (+1.35%).
 
Before the opening of the European session US yield on 10-year T-Note is 1.73% (+0.015 NCP), the 10-year German Government Bonds is 1.57% (+0.047 NCP), and the 10-year UK Government Bonds is 1.82% (+0.061 NCP).
 
Oil futures morning before the opening of the European trading session are growing in line with the pre-election situation in the United States. Quotes of oil also supports statistics released on the eve of the U.S. and strong statements Johnson & Johnson, Goldman Sachs and other big banks and companies.
Brent Oil (ICE) in morning electronic trading before the opening of Europe at 114.17 (+0.15%), and U.S. crude oil WTI (ICE) 92.38 (+0.31%).
Gold futures morning at 1,752.80 (+0.37%), quotes of copper at
371.00 (+0.27%).
Commodity Index CRB Index for the previous trading day was 306.20 (+0.54%).
 
In the currency market, the dollar remains under pressure against major currencies amid yesterday's solutions agency Moody `s leave Spain's credit rating unchanged, along with statements that it has formally requested financial help reassure investors and market optimism returned nor its members.
Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 79.25 (-0.28%).
    
Prediction of the day:
EURUSD pair has a good chance to catch up to the level of 1.3185.
 
Events today:
Moscow time
12.30 UK Changing the number of applications for unemployment benefits in September n / a; -200; -15.000
12.30 Publication of the minutes of the UK Monetary Policy Committee of the Bank of England
12.30 UK unemployment rate in August n / a; 8,1%; 8,1%
12.30 UK The change of the average wage in August n / a; 1,6% 3m / y and 1.5% 3m / y
13.00 Switzerland ZEW economic expectations index in September n / a; n / a; -34,9
16.30 U.S. The number of building permits issued in September n / a; 810.000; 800.000
16.30 U.S. Bookmark new homes in September n / a; 770.000; 750.000
18:30 U.S. Change oil 08.10-14.10 n / a; n / a; 1,7 million barrels.
 
Sergei Kostenko
 

*Recommendations listed in this article, can not be used as a base for the direct actions.

Author: admin
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews
Log in Registration

Don't have your language?