United States

Futures on the SP 500 index falling by 0.6%.

Europe

European markets falling in anticipation of data from the U.S. labor market and the ECB rate decision. European FTSE Eurotop 100 index -0.99%, Britain's FTSE 100 -0.72%, German Xetra Dax -1.6%, French Lyxor Cac 40 -1.23%.

leaders in reducing the shares of mining companies against the backdrop of falling metal prices in London. Before the stock sector grew at an average of 4%, leading the growth in the indices after the encouraging data on the status of the Chinese economy. Lonmin -3.3%, BHP Billiton -2.8%, Anglo American -2.6%, Eurasian Natural -2.2%. The negative trend in the shares of steel giants. Shares of European automotive companies declining after downgrading recommendations on the sector by Credit Suisse. Volkswagen -3.5%, Daimler -3.1%.

Macroeconomic data again showed a rise in unemployment and the strengthening of deflationary fears. Unemployment in the euro area in May rose to a maximum of 10 years, the level of 9.5%. It was expected that unemployment will be at the level of 9.4%. The index of producer prices in May fell by 0.2% compared with April,and at 5.8% annualized. This is the maximum reduction per year for the past 27 years, since the beginning of statistics. Predict that in calculating the monthly rate will not change, while the annual decline to 5.6%.

Oil

Oil prices falling for three consecutive sessions. Investors expect the negative data from the U.S. labor market, the continued decline in the number of jobs in the largest world economy, signaling a deepening recessionary processes. Spot Brent $ 66.75, WTI $ 69.31. Futures falling by 2%.

Opinion: The price of petrol A-95 can grow by the end of summer more than UAH 1 per liter in the absence of agreements with the oil
Analysis - Results of the day
Despite the slight decline in Russian stocks, large and panic selling is not
Futures on the VTB in the early hours of the trading was in a positive basis of 55 - 60 points
Data on the U.S. labor market can affect the mood of the players
At 16.00 Moscow time the volume of trades in the market for government securities MICEX was 18.84 billion rubles
It looks like the market sector of the steel industry: NLMK shares increased by 6.3%, Severstal at 2.7%
In the IDC Holding could enter one of the affiliated distribution companies
Since early 2009, Russian Railways has reduced the level of accidents on the railways by 18%

This entry was posted on Thursday, July 2nd, 2009 at 6:12 pm.
Categories: News International Markets.

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