Financial News and Economical Crisis

 

Monday, December 28, the stock markets in the European region on the background of expectations of recovery in global growth and strengthening the value of oil and metals, have finished day with positive result.

In the absence of release of regional statistics, market focus primarily on foreign data, which showed growth of industrial production in Japan in November for more than the expected value.

chief economist for the U.S. to Barclays Capital said that the world”s largest economy next year will grow to a maximum in 2004, the value of 3,5%, which is also very encouraged by the investors.

Index Dow Jones Stoxx 600 by the end of bidding added 0,52% and closed at the mark of 253.20 points. Indicator Stoxx 50 “stouter” at 0,69%, a key indicator of eurozone Euro Stoxx 50 Index added 0.89%.

German DAX has risen in price on 0,76%, French CAC-40 was “harder” to 0,88% UK stock markets were closed for national holiday.

Shares in companies mining industry against the background of strengthening the value of metals present in the leaders of growth. Thus, the paper world”s largest steel company ArcelorMittal jumped 2.4%, and aluminum producer Norsk Hydro went up by 2.37%.

Increasing oil prices and stabilizing prices of about $ 78 a barrel and a positive impact papers of the oil sector. Quotations Petroleum Geo-Services “stouter” at 0,83%, while the Norwegian manufacturer of platforms for oil and petroleum equipment Aker Solutions rose 1.33%.

French carmaker had strong support data on the 40% increase in sales of new cars in the country for the period from 1 to 23 December, published a daily edition Les Echos, which also reported that sales in the country for the whole year could rise by 9%.

Shares

French Peugeot added 1,51%, while its German rival Volkswagen slipped to 0.59%. The latter informed of the intention by the year 2015 issue 8 new models of its owned brand Audi to compete with BMW in the production of machinery luxury.

Paper manufacturer MAN trucks finished the day with a setback at 1,23%. Chapter Scania said that he sees great potential in creating an alliance with MAN and it would be “unrealistic” to expect from the merger with rival tangible savings in the short run. Quotes Scania, in turn, fell 0.21%.

main European currencies - euro and sterling - at 20:06 IST strengthened their positions against the dollar. Thus, the rate of EUR /USD pair rose to 0,09% up to $ 1,439, for the euro, while the GBP /USD added 0,18% to $ 1,599 per pound.

Values of the basic indexes on closing are resulted in the table:

Europe: Investors go for the weekend with a nice potyazhelevshimi purses
Asia: investors are happy to have summed up the year
Latin America: another rise before the holidays
United States: the good macroeconomic indicators did not keep indices from the fall
Europe: prices of raw materials and statistics from the U.S. - another guarantee of success
Asia: bidders have relied on raw
Week on the world stage: United States approved a reform of health
Latin America: optimism prevail
United States: the players are reluctant to fix the profit before the end of the year