Berlusconi’s threats attract attention of investors

Yesterday stock markets of the United States of America finished trading session on a positive note due to support given by statements of the prime minister of Syria and statistics from China, which appeared to be  better than average expectations of analysts.

Prime minister of Syria, Wael al-Halki, declared that his country agrees with the offer of Russia to transfer all Syrian chemical weapon under the international control, having officially agreed, thus, on chemical disarmament. The market with optimism apprehended these news, taking into consideration also speech of US Secretary of State, John Kerri, who noted that Assad can avoid military intervention if within the next week transfers all chemical weapon to the international community.

As for the Chinese statistics, according to the presented data, retails increased in August by 13,4%% while increase of only 13,2%% has been predicted. Industrial production in August increased by 10,4%% that exceeded forecasts of analysts of 9,9%%.

Following the results of yesterday's trading session - the indicator of "blue chips" the Dow Jones Industrial Average index got stronger for 0,85%% and was closed on a level of 15 191,06 points, the index of the wide market S&P 500 increased for 0,73%% to level of 1 683,99 points, and the index of the hi-tech companies Nasdaq added 0,62%% reaching 3 729,02 points.

As Syrian question has been put on hold, prices of oil of brand Light started to decrease in price, reaching this morning price of 106.16$ per barrel. Brent adds 0.10%% and is traded on a level of 110.13$. Gold is stable on 1367.09$.

While the economic calendar is not having many statistical data, attention of the investors is drawn to subject in relation to Berlusconi and his party. It is important subject, because Italy is the third by the size economic system of E-17 system, and if crisis will begin within the country, echoes will be heard in all region. Secondly, threat of the politician to convince party to stop government support is dangerous due to the fact that the coalition government of the current prime minister won't be able to continue work. Parliament collapse, need of carrying out new elections will lead to new expenses and instability in Italy. Berlusconi didn't sound the decision yet, but can make it at any time, therefore EUR/USD trades very carefully.


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