Home About the company Daily reviews European premarket 05/02/13

European premarket 05/02/13


European problems in the focus of the market again  ...
                
European shares ended trading on Monday in the red zone against the background of the political crisis in Spain, arose because of allegations of corruption and instability in the Italian banking sector. Under strong pressure were shares of banking companies. UniCredit shares collapsed by 8.3%, Banco Santander at 5.7%, Intesa Sanpaolo on., 4%, BBVA 4.2%. An additional negative factor was the weak data on orders in the U.S. industry, published on Monday, which aggravated the negative investor sentiment. Sanofi shares of the French company in terms of capitalization, fell in price by 3.4%.
Stoxx Europe 600 index fell 1.49%, to close at 283.90 points.
Index DJ EURO STOXX BANK up to previous trading closed at 117.18 (-4.99%).

Major European indexes at the close of the previous trading session: FTSE 100 - 6,246.84 (-0.58%); DAX 30 - 7,638.23 (-2.49%); CAC 40 - 3,659.91 (-3.01%). Futures morning before the opening of trading in Europe FTSE 100 IDX - 6212.80 (+0.05%); DAX INDEX - 7642.00 (+0.12%); CAC40 - 658.80 (-0.01%). Trading in Europe will open mostly in the green zone.
 
European index of "blue chips" FTSEurofirst 300, closed on Monday at 1,150.91 (-1.47%).

Before the opening of the European session US yield on 10-year T-Note is 1.96% (+0.010 NCP), the 10-year German Government Bonds is 1.61% (-0.060 NCP), and the 10-year UK Government Bonds is 2.08% (-0.020 NCP).

Oil futures morning before the opening of the European trading session, continue to decline from-zi aggravated European problems.
Brent Oil (ICE) in morning electronic trading before the opening of Europe at 115.13 (-0.41%), and U.S. crude oil WTI (ICE) 96.00 (-0.18%).
Gold futures morning at 1,677.10 (+0.05%), quotes of copper at
376.30 (-0.13%).
Commodity Index CRB Index for the previous trading day was 302.91 (-0.71%).
 
In the currency market the dollar is supported by negative news from Spain and Italy. Against the background of dollar oversold from a technical point of view, and European news short term the dollar will be supported.
Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 79.78 (+0.27%).
     
Prediction of the day:
EURUSD pair today seems to continue to be adjusted down to the level of 1.3400-20.
 
Events today:
Moscow time

13.00 Eurozone Final data on the index of business activity in the services sector in January n / a; 48,3; 48,3
13.30 UK index of business activity in the services sector in January n / a; 49,8; 48,9
14.00 Eurozone retail sales in December n / a; -0,5% m / m and 0.1% m / m
17:30 U.S. FOMC Member Duke Speech
19.00 U.S. ISM index of business activity in the non-manufacturing sector in January n / a; 55,2; 56,1
19.00 U.S. index of business optimism IBD / TIPP February n / a; 46,1; 46,5
21.00 Speech Switzerland SNB board member Zurbrugga

Sergei Kostenko
 
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Author: admin
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