Financial News and Economical Crisis

World stock markets

composite index of business, manufacturing and consumer confidence in the euro-zone economy unexpectedly grew in June, surpassing the most challenging market forecasts. For example, an indicator of consumer confidence reached minus 25 points after the value of the item minus 31 months earlier. The indicator, which characterizes the business climate of the euro rose in June to minus 2.97 point, while in May, he was equal to -3.17 points and the market-consensus forecast for June amounted to -3 points.

Value calculated research organization Gfk NOP index of consumer confidence in the economy of Great Britain has soared to the highest level since April 2008, amounting to minus 25 points to minus 27 points a month earlier.

European and American stock sites unanimously concluded the last trading session of the increasing prices. Dow Jones Industrial Average rose by 1.08% - to 8529.38 point, Standart Poor's 500 rose 0.91% - up to 927.23 point, Nasdaq Composite gained 0.32%, fixed value of 1844.06 points. The growth of European indicators was 1.25% -2.3%.

driver of growth were paper oil companies, which enjoy high demand on Monday against the background buzz in the oil market.

This week is quite saturated solution of important statistics, and market participants are very optimistic.

morning on Tuesday in the area are positive futures to America and the site of the Asia-Pacific region, despite the information on the growth of unemployment in Japan in May to a record over the past 5 years, 5.2%.

Metals Market

On Monday 29 June gold on the LME dropped in price to 0,03%, hold above $ 940 mark per ounce. Palladium also went up by 1.68% - up to $ 251.35 an ounce.

Copper added to the price of 1,27% - to $ 5099 per tonne. The cost of aluminum has declined by 0.24% - up to $ 1640 per tonne, lead reduced 0.7% (up to $ 1703 per ton), tin - 1.28% (up to $ 14605 per tonne) and zinc - 1.33% (up to $ 1560 for ton).

Inventories of metals, tracking the London stock exchange, continues to grow. There is a danger that soon the market of metals can prosest as a result of excessive accumulation.

Company to increase production of zinc in April 2009 to 890.9 thousand tonnes, analysts note the International Lead and Zink Group. This indicator reached its highest level since December 2008, but concedes to measure last April. Extraction of zinc in the first four months of 2009 decreased by 7% - up to 3401 tons.

zinc production in April fell by 0.01% - up to 908.8 thousand tons. Compared with April last year the figure fell to 7%. In January-April this year the production of the metal fell by 8.78% - up to 3490 tons.

zinc consumption declined in April compared with March to 2% - to 885.4 thousand tons. In April last year the figure was higher at 8.55%. In the period from January to April 2009 the consumption of zinc has fallen by 11.73% - up to 3287 tons.

oil market

$ 70-point tries, the storming of both classes of oil lasted for three days, was taken at yesterday's auction after reports emerged from Nigeria. The rebels carried out another attack on oil installations Royal Dutch Shell, which is why the British-Dutch company had to suspend the extraction of black gold at the Estuary.

Repeated attacks members of the Movement for the Liberation of the Niger Delta have led to a resumption of the fall in oil production in Nigeria. In March-May, daily production in the country increased from minimal in the past 15 years, 1.785 million barrels to 1.88 million barrels a day. In June, she again fell almost to the minimum mark, reaching 1.8 million barrels. Recall that Nigeria is the largest African producer of hydrocarbons, it accounts for more than 7% of the exported oil to OPEC.

At the close of tenders on 29 June sorts Brent oil barrel cost $ 70.99 (3%). Today in the morning the price rose above $ 72 a barrel. WTI price yesterday, $ 71.49 a barrel on Tuesday it had traded above $ 73.

Russian Market

seems, the Russian stock market finally found a reason to shop: a sharp spike in oil prices over the past day, the depreciation of the dollar, and optimistic mood prevailing in the foreign stock sites are clearly favored us today.

UK Office for National Statistics will publish the final data for GDP in the first quarter at 12:30. Statistical Office of the European Union publish preliminary data on changes in consumer prices in June at 13:00. The research organization Conference Board will issue an index of consumer confidence in U.S. economy in June at 18:00.

In the course of the day held an annual general shareholders meeting of OAO GMK Norilsk Nickel, OJSC TNK-BP Holding, OAO Uralkali, VSMPO-AVISMA, JSC Pipe Metallurgical Company, JSC The Seventh Continent , OAO Mosenergo , OAO FGC UES , JSC Mechel , OAO Pharmacy Chain 36.6, OAO Dixy Group .

Forex - Asia
Deposits of legal entities - Market Review
Deposit for private individuals - Market Review
Loans to legal entities - Market Review
Loans to individuals - Market Review
Recommendations on the stock market: LUKOIL, MMC Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Worse than the market viewed the banking sector, which, despite the high intraday turnover adds only 0.55%
Shares VTB traded in the downward trend
In the event that the paper the Savings Bank will continue the downward movement of the support they can provide long-term upward trend