Financial News and Economical Crisis

The Ministry of Energy held full-time meeting of the Board of Directors of OAO RusHydro chaired by Energy Minister Sergei Shmatko. The main items of the agenda are measures to eliminate the consequences of the Sayan-Shushenskaya HPP (SSHGES) and plans to restore the station. The meeting was attended by the heads of Rostekhnadzor Nikolay Kutyin. A report on the restoration work on the station after the accident was made by the Acting Chairman of ... Read More

USD /JPY prices closer to the level of resistance 92.40. If they manage to overcome it, to continue growth, the primary purpose of which is likely to be a mark 92.70/85. The probability of this outcome suggests that the trend indicator OsMA at 4-hour chart (Figure 1) acquired a rising trend. Up directed and oscillator SS. At the same time, we should not completely exclude the possibility of a return of prices to a mark of ... Read More

Dynamics Tuesday, Sept. 8 at the tender quotes for gold and silver have grown up in price because of the weakening U.S. dollar against all major competing reserve currencies in FOREX, but also against the background of technical factors: the value of gold futures topped the psychologically important level of 1000 dollars per troy ounce. As a result of trading on the COMEX, division of the New York Mercantile Exchange (NYMEX), quotes on gold ... Read More

With the release of American players on the market stock indexes in the Western Hemisphere continued to rise, playing the promises of representatives of the monetary authorities G20 countries maintain high levels of liquidity in the global financial system. However, this morning to fuse investor optimism waned. Signs of stagflation in Australia and accommodation treasuries, binding liquidity returned to the market uncertainty, which could provide an opportunity for investors in the quality of care. Quotes oil reaching $ 71 a barrel in ... Read More

We see rapid growth for many stocks, resulting in the RTS index reached a mark of 1150 points, that only 5% below the highs of the year. Support to the market, of course, have heard from all sides statements to the effect that the bottom of the crisis behind us, that the effectiveness of state government programs around the world to combat the crises was above expectations. And this optimism, which in the air, said the mood on the bidders. We see ... Read More

New rules for regulating the banking sector would reduce the profitability of the investment divisions of many banks, including Deutsche Bank, Goldman Sachs and Barclays, up to 30% by 2011, the Financial Times reported, citing analysts at JPMorgan. According to published reports Wednesday JPMorgan, return on capital (return on equity, ROE) Deutsche Bank will drop to 6.7% previously predicted that the ROE is 10%. This is the largest drop and the worst outcome among all investment banks appearing in ... Read More

The Chamber has accused the Cabinet of Ministers in carrying out procurement manual. Using the absence of law, which would be obliged to implement government purchases only the tender, in 2008-2009, the government allowed to procure goods, works and services valued at $ 52.2 billion UAH in advance of major companies. Experts believe that such figures show the urgent need for the profile of the law, but doubt that it will be approved before the presidential election. Yesterday Accounts ... Read More

           09.09.09 12:53 ;   Significant increase in world stock and commodity markets on the eve of today has changed a moderate decline. As a result, Russia's stock market opened in a small minus. However, by 12.40 Moscow time the MICEX index rising to 0.29% and amounts to 1153.1 points. RTS index rose to 0.64% to 1143.24 points. On FORTS the December futures on the RTS index increased by 0,16% and amounts to 113,760 points. Despite the ... Read More

In the absence of any meaningful negative for Finance and Investment segment information and background on the outcome of last weekend summit of G20, has confirmed the commitment of the leadership of the leading countries of the world monetary and fiscal policy to stimulate the economy, quotes, segment of investment in risk continues to increase. It is important to note that according to yesterday's publication, the index of the dynamics of consumer credit in the U.S. in July ... Read More

U.S. stock indices rose on Tuesday the third trading session in a row, the rise amounted to 0,5-0,9%, in particular, by increasing the value of the shares of commodity producers and technology companies that was due to higher prices of non-ferrous and precious metals, and well as the weakening dollar, reported Bloomberg. Quotations of futures on Wednesday morning showing a decrease: the September contracts for the SP 500 in 8:12 lost 0,37%, for Dow Jones to 8:15 - to ... Read More