Home About the company Daily reviews European premarket 01/25/13

European premarket 01/25/13


Good macro data from the U.S. and China support the markets ...

European shares ended trading on Thursday due to the growth of good macroeconomic statistics from the U.S. and China. Vodafone shares rose 3.2% on renewed rumors of a possible sale of its 45% stake in Verizon Wireless. Paper International Consolidated Airlines Group soared by 4.9% due to optimism about EasyJet, whose shares have risen by 5.1%. A company EasyJet reached maximum performance from the start of operations in 2000, a growth of profit in the 1st quarter at a 9.2%.
Stoxx Europe 600 index rose 0.23%, to close at 288.89 points.
Index DJ EURO STOXX BANK up to previous trading closed at 125.54 (+1.78%). UniCredit shares rose in price by 4.2%, Deutsche Bank added 2.6%, Intesa Sanpaolo rose by 2.5% and BNP Paribas 2.1%.


Major European indexes at the close of the previous trading session: FTSE 100 - 6,264.91 (+1.09%); DAX 30 - 7,748.13 (+0.53%); CAC 40 - 3,752.17 (+0.70%). Futures morning before the opening of trading in Europe FTSE 100 IDX - 3,752.17 (-0.04%); DAX INDEX - 7746.30 (-0.06%); CAC40 - 3745.30 (-0.09%). Trading in Europe will open neutral.
 
European index of "blue chips" FTSEurofirst 300, closed on Thursday at 1,171.06 (+0.29%).

Before the opening of the European session US yield on 10-year T-Note is 1.86%, the 10-year German Government Bonds is 1.57%, and the 10-year UK Government Bonds is 2.01%.

Oil futures morning before the opening of the European trading session, remain at highs after yesterday's growth on positive macroeconomic data from China and the U.S..
Brent Oil (ICE) in morning electronic trading before the opening of Europe at 113.13 (-0.13%), and U.S. crude oil WTI 96.01 (+0.06%).
Gold futures morning at 1,671.10 (+0.07%), quotes of copper at
369.20 (+0.41%).
Commodity Index CRB Index for the previous trading day was 300.42 (-0.06%).
 
Volatility in the foreign exchange market has grown considerably, but in general, until the situation is fundamentally different. Euro tries to storm 1.3400 level which could lead to a new local maximum.
Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 80.09 (+0.10%).
     
Prediction of the day:
EURUSD could test the 1.3450 level.
 
Events today:
Moscow time

13.00 Germany Ifo business climate index in January n / a; 103,1; 102,4
during the day World Economic Forum
13.30 UK Preliminary data on GDP growth kv.2012 4 n / a; -0,1% q / q and 0.9% q / q
13.30 UK index of business activity in the service sector in November n / a; 0,5% 3m/3m, 1.1% 3m/3m
17.30 Canada Core CPI in December n / a; -0,2% m / m and 0.0% m / m
17:30 Canada CPI q n / a; -0,2% m / m, -0.2% m / m
19.00 U.S. sales in the primary market in December n / a; 383,000; 377,000

Sergei Kostenko
 
* Recommendations listed in this article, can not serve as a basis for direct action.

Author: admin
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