Financial News and Economical Crisis

index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) rose 7.36 points (0.13%) and at the level of 5720.88. Index of the London Stock Exchange Futsi 100 (FTSE 100) rose by 6.75 points (0.13%) and is located at the level of 5166.47. Index of the Paris Stock Exchange, BTB 40 (CAC 40) rose to 16.07 points (0.42%) and at the level of 3830.17.

The euro /dollar rose today to the level of 1.4671. Support for the course have the auction results by placing the ECB euro money market. There has been low demand for financial resources. This may indicate that banks have no problems with liquidity and that conditions in the financial market in the euro area improved.

supported the euro against the dollar has a growth stock index, the price of oil and precious metals.

pound /dollar rose in European session to a mark 1.6116. Support for the pound has a high value of the index of consumer confidence in the UK, as well as the expectation that the Bank of England does not reduce the interest rate he pays on bank deposits.

Course

dollar /yen has fallen to the level of 89.34. Pressure on the course had a statement of the Minister of Finance of Japan Fuji that at the next meeting of the Big Seven, Japan does not plan to raise the issue of the sharp increase in the rate of the Japanese yen. The fall rate is also associated with the return of Japanese investors and exporters of their funds from abroad in the last day of the first half of the fiscal year in Japan.

Australian dollar rose to 0.8835 marks. Support for the course have data that show that increasing the volume of retail sales in Australia. Also expect the rate hike by the Reserve Bank of Australia.

price of oil in the mode of electronic trading in New York rose by 1.19 dollar to the level of 67.90 dollars per barrel.

Today, investors' attention will be directed to the publication of important data in the United States.

Change the number of unemployed (Unemployment), taking into account seasonal fluctuations in Germany in September-12K (forecast 20K, the previous value-1K). Unemployment without seasonal variations (Unemployment rate unadjusted) in Germany in September 8.0% (the previous value of 8.3%).

industrial price index (PPI) for August in Italy, 0.6% for the month, -6.7% for the year (forecast 0.4% for the month, the previous value of -0.4% for the month, -7.5% per year).

Preliminary

value of consumer price index (Harmonized CPI) in Europe (16) for September, -0.3% for the year (-0.2% forecast for the year, the previous value of -0.2% per year).

preliminary value of consumer price index (CPI) in Italy for September, -0.2% for the month, 0.2% for the year (estimated at 0.0% per month, 0.4% for the year, the previous value of 0.3% per month, 0.1% per year).

Today is scheduled for release the following data:

at 12:30 GMT - final index value of the gross domestic product (GDP) in the U.S. for the second quarter (-1.2% forecast for the year, an improved value of -1.0% per year);

at 13:45 GMT - an index of business activity of the Managers Association of Chicago (Chicago PMI) in the U.S. in September (forecast 52.5, the previous value of 50.0);

at 23:50 GMT - Quarterly Economic Review of the Bank of Japan Tankan (Tankan): index of large manufacturers in Japan for the third quarter (forecast -33, the previous value of -48);

at 23:50 GMT - an index of retail sales (Retail sales) in Japan in August (-2.4% forecast for the year, the previous value of -2.5% per year).

U.S. statistic data were mixed, but the market reacted to them quite optimistic
Shares of ITT and Sibirtelecom today worked his short-term growth potential
Euro graduated correction
Prices EUR /USD pair are trying to be fixed above the resistance level 1.4630
Resistance of the first level of EUR /USD pair is at 1.4645
Rate for the dollar fell - the evening review of cash markets
Bank of America has improved the earnings outlook of companies from the list of SP 500
IMF: Additional measures are needed to restore bank balance sheets
OECD: Bank of Japan should maintain the current interest rate to overcome deflation