Financial News and Economical Crisis

Transition Management Ukrtelecom of the State Property Fund (FGI) of Ukraine to the Ministry of Transport and Communications will not affect the timing and preparation of the privatization process, believe in the MFI. I believe that the transition of management FGI to Mintranssvyazi no way affect the timing and quality of this object to privatization, - said Acting Head of MFI Dmitry Parfenenko. He recalled that at the present time is a series of activities over the ... Read More

Today, trading on the Russian market opened with the increase, despite yesterday's correction of oil more than three per cent and negative dynamics of U.S. stock indexes. Perhaps the positive added yesterday's intraday dynamics of American indices, and the fact that futures on the Dow and the SP are traded with a significant increase (about 1%). In addition, following yesterday's sale, now the oil market quotes are up, thus reaffirming the belief of most investors, a shift of ... Read More

Yesterday, the euro-dollar declined to 1.4005, the price of oil fell to mark WTI 62.90 per barrel. But the Dow Jones closed, only a small fall, -0.29%, at around 9070. Part of a rolling optimism can be attributed came yesterday worse prognosis orders of durable goods, which showeda decline of 2.5% m /m. However, excluding sales of automobiles rose by 1.1% m /m and in annual terms, increased from -25.3% y /y to -25.0%. Today, futures for the Dow Jones is back ... Read More

Nine companies appealed to the State Property Fund of Ukraine for the documents for participation in the competition for privatization of OJSC Odessa Port Factory (IPF, South of Odessa Region.), and reported. about. Chapter FGI Dmitry Parfenenko. Already there are nine applications of potential buyers, - he said at a press conference on Thursday in Kiev. D. Parfenenko noted that, according to the procedure, the names of the companies will not be disclosed. He also ... Read More

Dynamics Quotations in the oil market on Wednesday, July 29, significantly proseli view of the substantial increase in stocks of petroleum products in the United States for the past week, while analysts predicted a sizeable reduction. At the New York Stock Exchange NYMEH cost of the September futures for U.S. light crude oil fell by 3.88 dollars and its price, therefore, amounted to 63.35 dollar per barrel. At the ISE ... Read More

The American stock market suffered a loss of the second day in succession (SP 500 -0.46%). Securing the continued gains against the backdrop of growing skepticism in the validity of the prevailing price after the multipliers meaningful levels. Weakness also introduced the third in this week's auction on placing treasuries. New five-year yield has exceeded forecasts of experts, which again made the current talk of a prolonged economic recovery in the light of the increasing cost of borrowed money. Falling prices for ... Read More

Yesterday, a pair of Euro /dollar to the U.S. session continued decline up to 1.4005. pound /dollar fell to 1.6350. The pair dollar /yen consolidated near the mark of 95.00. Exchange Euro /yen has fallen to U.S. session to 133.00. The experts noted that the support rate of U.S. dollar had a significant decline in oil prices, falling stock prices and indices for the precious metals. These factors reinforce the reluctance of investors to risk and ... Read More

Dynamics At the auction on Wednesday 29 July, the U.S. dollar continued to strengthen against most currencies. This pair of EUR /USD fell to 1.3997 area after consolidation at the level of 1.4160, a pair GBP /USD rolled toward 1.6346, a couple of USD /CHF rose to 1.0905. Japanese yen remained under pressure against other currencies, but later regained currency losses. This quotes a pair USD /JPY rose to 95.37, a pair ... Read More

MFA of Russian Federation suggested that the Ukrainian side ahead of time to complete the mission of the Consul General of Ukraine in Saint Petersburg and one of the advisers to the Embassy of Ukraine in Moscow. reported the press service of the Ministry of Foreign Affairs of the Russian Federation. In this decision the Russian side regarding the Consul General of Ukraine in Saint Petersburg, taking into account the principle of reciprocity will be suspended. ... Read More

The Russian market continued to be corrected on Wednesday under pressure from the dynamics of the American market, commodity contracts, and strengthen the U.S. dollar in the international market. yesterday on the dynamics of the market in the United States has largely negative, with the Chinese market (fear of reducing the state. 1mlrd with credit to $ 1 trillion.) and fears of lower demand for raw materials, davilo during the day at the commodity market quotes: Brent crude ... Read More