On Wednesday, the stock indices of USA showed a single moderate positive dynamics and closed in green territory. Dow Jones up 0.28% (26149.39), S&P 500 up 0.05% (2823.81), Nasdaq rose by 0.12% (7411.48). European markets were traded with a single negative dynamics. The German DAX declined 0.06% (13189.48), British FTSE 100 slipped by 0.72% (7533.55).
Today it is expected a few publications of the macroeconomic data and the speeches of the monetary authorities that could affect investors' decisions during the trading sessions.
- At 01:30 MSK the PMI manufacturing Australia
- At 03:30 MSK building Permits Australia
- At 10:00 MSK the Index of housing prices Nationwide in the UK
- At 11:15 MSK retail sales in Switzerland
- At 11:30 MSK the Index of business activity Switzerland
- At 11:55 MSK the Index of business activity in the manufacturing sector of Germany
- At 12:30 MSK the Index of business activity in the manufacturing sector in the UK
- At 16:30 MSK the Number of initial applications for unemployment benefits
- At 16:30 MSK the Level of productivity in the U.S. non farm
- At 16:30 MSK the cost of labor USA
- At 18:00 MSK the Index of employment in the U.S. manufacturing sector from ISM
- At 18:00 MSK the Index of business activity in the U.S. manufacturing sector from ISM
Yesterday Japan reported about growth in industrial production from 0.5% to 2.7%, despite the fact that it was expected a rise of 1.5%. The South Korean giant Samsung reported a record net profit for last quarter. Its net profit increased by 42% to 12.26 trillion. KRW, i.e. 11.4 billion dollars.
The volume of retail sales declined, at the same time, the unemployment rate declined more than expected. In General, the EU unemployment was unchanged, which was in line with forecasts. and not deceiving the expectations. Consumer prices in the Eurozone fell by 0.1%, in line with forecasts, which gave impetus to rise of the euro.
The results of the fed meeting did not bring any surprises as expected, it was saved the parameters of monetary policy unchanged. According to the comments, the FOMC hopes to revive inflation in the current year, the economy will grow at a moderate pace, labor market conditions will be favorable. Amid of that, there were conditions for strengthen of the dollar, which was added statistics on employment from ADP showed an increase of 234 thousand jobs, which is above the forecast 185 thousand. But the movement of the main currency pair up was limited to the European decline of inflation. Today the attention of market participants will focus on statistics on business activity and economic conditions.
Concern Boeing has reported a net profit increase in almost two times to 3.13 billion. That pushed its capitalisation up. After the publication of the data about growth of inventories of oil in the USA from API, investors were waiting for official information from the Ministry of energy, which showed a slight decline. As a result of opposite news quotes continue to consolidate at the same levels of expectations are more important factors.