United States, opening tenders: market sentiment improved after the publication of the index of Purchasing Management Chicago
December 31, 2009 – 11:07 amtoday’s trading on major U.S. markets opened with a moderate reduction of stock indexes. A few minutes after the opening of trading, leading indicators of stock were traded at reduced within 0.3%. In this case the worst results of the companies whose shares are part of the TOP-30, showed industrial giants Alcoa and GE, whose capitalization has fallen to 0,64% and 0,67%. In addition, the paper fell 0,61% Microsoft Corp.
However, the activity of the bears was short-lived. At 17:45 Moscow time it was published, the index of Purchasing Management-Chicago. In December, the figure has increased its value from 56,1 to 60 points, while analysts forecast a decline to 55 points. As a result, the stock indices went up and after half an hour after the start of the morning session virtually played losses. At 18:00 Moscow time the Dow was trading with an increase of 0,01%, Nasdaq increased its value at 0.13%, while both the S & P has continued to trade in the red zone, falling to 0.02%.
In addition, a marked improvement PMI a positive impact on the U.S. currency quotations, which pierced the level of $1.43 per euro. By 18:00 Moscow time the leading pair of the currency market the euro-dollar has fallen to 0,37% to a mark of $1.43 per euro.
Oil prices continued to remain on the green area in anticipation of the weekly data on oil reserves and petroleum products. Yesterday’s news from the American Institute API adversely affected quotes black gold, as oil reserves last week increased by 1.7 million barrels, while analysts expected them to decline by 2 million barrels.
However, data from the U.S. Department of Energy were not as bad as it could be assumed on the basis of reports API. Oil reserves last week fell by 1.5 million barrels, while it was expected to decrease by 2 million barrels.



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