On Tuesday, American stock markets showed a weak single positive trend and closed at positive territory. The Dow Jones rose by 0.16%(24640.45), S&P 500 up 0.26%(2662.94), the Nasdaq added 0.45% (7013.51). The European markets did not support a positive mood and decreased in a single dynamics. British FTSE 100 index fell by 0.13% (7168), German DAX fell by 0.7% (12196.50).
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 02:50 MSK Japan's GDP
- At 10:00 MSK German GDP
- At 11:00 MSK Speech of the President of Bundesbank Weidmann
- At 11:50 MSK the speech of the member of the governing Board of the national Bank of Switzerland, Zurbrugg
- At 13:00 MSK Eurozone GDP
- At 15:45 MSK the speech of the ECB representative Mersch
- At 16:30 MSK the Basic index of consumer prices USA
- At 16:30 MSK the Basic index of retail sales USA
- At 16:30 MSK retail sales in the United States
- At 18:30 MSK the Data on excess reserves of oil in Cushing (Oklahoma)
- At 18:30 MSK crude oil Inventories from the US Department of energy
Today premarket of European session signaled a possible rise in European stock indices during the day. Yesterday, France released data on changes in the number of employees in the non-agricultural sector, it was not significant, but positive, the growth was 0.1%, which was better than the forecasts of specialists who did not expect changes. Britain reported on inflation, the consumer price index remained at the same level of 0.3%, which is also better than the expected 0.1%. German concern BMW published a report, according to which, it recorded an increase in January sales by 3.8% to 169538 cars, while sales in Europe increased by 1.8%, in China by 6.5%. German retailer Metro showed almost two-fold increase in quarterly profit thanks to successful sales in Eastern Europe. Net profit increased from € 124 million to € 232 million. Metro also confirmed the forecast for the growth of total sales in the current year by 1.1%.
On Tuesday, the US stock indices showed a slight increase after the start of the session in the negative territory. The rise of technology companies shares contributed to the index growth. So Amazon added to the capitalization of 2.0%, Apple grew by 1.0%. At the same time, the activity of market participants was limited in anticipation of the publication of January inflation data, which will be published today. There is a positive trend at the premarket.
Yesterday, oil prices received an additional reason for the decline after the publication of API data on inventories in the United States, which showed an increase of 3.95 million barrels. Prices are likely to be consolidated before the publication of data from the US Department of energy about inventories and quantity of production. Also, market participants are waiting for news from the IEA and OPEC Symposium, which will be held today in Riyadh.