Financial News and Economical Crisis

Wednesday, October 21, the main stock indexes of the United States by the middle of trading, after reports of large companies such as Yahoo! and Morgan Stanley, exceeded analysts' expectations have erased the losses of yesterday and rushed into the green zone on the background of positive sentiment about the many months that the rally in equity markets was justified. treasury secretary, Timothy Geithner said in an interview that the $ 700 billion program of assistance to the ... Read More

USD /JPY Prices trying to overcome the level of support 90.70. If it is resolved to continue falling, the primary purpose of which is likely to become a mark 90.40. The probability of this outcome suggests the direction indicators on the 4-hour chart (Figure 1). And the trend indicator OsMA, and both oscillator gain a downward direction. On the hourly chart (Fig. 2) OsMA is oriented downward, thus confirming the assumption about the possibility of a ... Read More

Now trading in the homestretch, and it seems that the absolute leaders of the day were bears. Their leadership is undeniable, but eventually they win it will be possible, if the shares are popular companies will close the day at a strategically important milestone. On the hourly chart Gazprom see figure reminiscent of head-shoulders. It is not very pretty, but trading volume confirms its strength. Line neck of this figure lies at around 192 rubles. As a sign ... Read More

Today, 21 October, Russia's market is in the red corridor, which underpinned a decrease in oil prices and falling U.S. indices. correction has affected most of the shares, particularly of paper affected by metallurgical sector, which lost an average of 3,27%. Just the game for a fall are: Polyus Gold (-5.13%), Severstal (- 2,75%), Norilsk Nickel (- 1,67%). the plus is the telecommunications sector: Rostelecom (2.9%) and systems (9%). As of 15.15 Moscow time ... Read More

The total net profit of OJSC Bank VTB North-West IFRS for the 6 months of 2009 reached 2.26 billion rubles, a decrease of 5,7% compared to 2.40 billion rubles a year earlier. Interest income on loans to corporate clients on over the first six months of 2008 increased by 34,5%, net interest income increased by 5,1%; contributions to reserves for possible losses amounted to 4.56 billion rubles, exceeding the same indicator first half of 2008 to 128.3% or ... Read More

  Wednesday, October 21, Asian stock markets retreated for the first 3 days. Fixing the lead tech and commodity sectors, respectively, against the backdrop of disappointing financial results of the Chinese telecom giants and lower oil prices. Japanese benchmark index Nikkei 225 closed at a slight minus, Hong Kong's Hang Seng declined by 0,4%, while South Korea's Kospi lost 0.3%. Only the markets of Vietnam and Sri Lanka have managed to resist the bear's spirit in the region. ... Read More

Yesterday, U.S. stock indexes finished trading day decline on average by 0,6%. Even though a number of brilliant corporate reports of leading U.S. companies, investors were not ready for new purchases, as published on the day these principles of construction of new housing have been disappointing. At current levels of U.S. stockindexes marking the fourth consecutive day, as the forces to grow higher in smaller markets, but to fall for no outstanding reason. On Wednesday morning, futures for the U.S. indices (SP ... Read More

POLE GOLD Surrounding levels of support: 1700.00 /1650.00 /1580.00 Surrounding resistance levels: 1750.00 /1800.00 negative sentiment in the stock markets and rising gold prices supported gold shares, resulting in a paper Polyus Gold traded on the eve of a better market. At the end of the day shares added 2.58%, to close at 1,713.12 rubles. External signals before the start of the trading session are moderately negative, but ... Read More

Ministry of Energy of Denmark has agreed to the construction of the Danish section between Russia and Germany gas pipeline Nord Stream ( Nord Stream), which is expected to take place under the Baltic Sea, Ekho Moskvy. Denmark became the first country which gave its consent for the project. As stated in the Ministry of Energy of Denmark, the decision was made after careful study of all aspects and consequences of a gas pipeline, is a technical rather than ... Read More

Market on Tuesday was not a single dynamics: apparently, after a good move in the previous week, as always, begins with a cooling and a shift in the slack side views. Although, of course, to talk about that starts Bokovikov, somewhat too early. However, the outcome of the day changes the indices and securities were very low and the market, mainly'd play some ideas - the more that goes news failed to significantly shift the quotes. Although the statistics came out moderately ... Read More