Financial News and Economical Crisis

Previous Session Thursday trading session on domestic markets closed in the red zone: -3.75% RTS, MICEX -2.46%. After a negative opening, the domestic market continued to decline again. In the middle of the day there was lateral movement of indices in anticipation of release of data on interest rates Bank of England and the ECB. However, after the publication of information "bears" again captured the market and held the position until the end of auction. The dynamics of the ... Read More

On Thursday, the U.S. dollar managed to make a serious leap up against their European competitors. not enough that both the euro and pound were under pressure in anticipation of the publication decisions CB eurozone and UK rates, so still and fall of stock indices, which began in Asia and was spreading to Europe first, and then in the States finally alienated from the desire of investors to risk, so they rushed to sell riskier assets, including currencies with relatively ... Read More

  Thursday, 4 February, the U.S. stock market finished the trading session of the collapse of the indices, with the broad market index fell the most since last April. Such a market reaction caused depressing news background, in particular, concerns about the ballooning budget deficit of Spain, Portugal and Greece; published weekly data on U.S. labor market added reason for sale. The next day, reporting season has brought more frustration than optimism. The negatives were accepted accounting MasterCard, Monster Worldwide, ... Read More

most significant risks facing the global banking sector, is not financial, but political. This is according to the latest rating of "Banking Banana Skins", compiled by the Centre for the Study of Financial Innovation with PricewaterhouseCoopers based on the survey of 450 key players in the financial sector from 49 countries. The results of the annual survey ranking the 30 most serious risks for the banks during the financial crisis led the risk of political interference. respondents, which included ... Read More

Board of Directors of OAO "LUKOIL" approved lists of candidates for election to the Board of Directors and the Audit Commission for a vote at the annual general meeting of shareholders of the company in 2010. The list of candidates has been determined on the basis of proposals of shareholders that own not less than 2% of the voting shares. The Board of Directors of LUKOIL shareholders have put forward the following nominations: • Alekperov - OAO LUKOIL ... Read More

Discussion plan to reform the U.S. financial sector and the proximity of the strong support for the EUR /USD - the main risk transfer as a "Long" and "shorts" for tomorrow Today the Russian market reign corrective mood, during which the MICEX index back down to the bottom of the rising channel. After the sales at the start of the session the market was dominated Consolidation mood. Market participants have taken a wait before the key statistics of ... Read More

USD Today, perhaps, an unusual day, as the shine will not States, and Europe with their two meetings of central banks. And that"s okay, because we should rest and prepare for Friday"s report on the labor market. By yesterday, the dynamics of exchange is clear that traders are few expectations of today"s meetings, and so allowed themselves to buying the dollar in anticipation of such events. Moreover, their contribution made, and economic reports on the labor market. ... Read More

  Thursday, February 4, the major stock markets in Asia with a few exceptions, showed a negative trend against the background of emerging concerns over slowing economic growth in the region, but also because of impairment Commodities. Big surprise was the reduction of retail sales of Australia in December - the decline rate was 0.7% m /m, while analysts had expected its growth to 0,2%. Retail sales fell for the first time in the country over the past 5 ... Read More

Ukrainian presidential candidate Sergei Tigipko, who finished in the first round in third place, is a leading not reach the second round of applicants for the highest office on the amount of electoral funds, which amounted to 102.002 million USD ($ 12.748 million at the current rate of National Bank of Ukraine). According to the formation of electoral funds of candidates for the presidency, the government published the newspaper "Governmental Courier" on Thursday, S. Tigipko highlighted in the campaign ... Read More

           04.02.10 13:19 ;   to negative external background of Russia"s market started today"s trading near the closing levels of protection. After a slight decline in the first half-hour session, the index went into the positive region. However, the start of trading in Europe in the "red zone" on the background of a sharp weakening of the euro back Russia"s indexes into negative territory. By 13.00 Moscow time RTS index has decreased by 1% and amounts to ... Read More