2013/09/12

Investors are waiting for FRS meeting where the destiny of the QE3 program can be decided


Leading stock markets of Europe has been growing yesterday. The leader became the German DAX, which has added 0.6%%. Mainly due to increased interest from the investors towards the largest German energy companies - E.ON (+4,8%%) and RWE (+6,6%%). The value of the stock of the British chip maker ARM Holdings developing chips for iPhone smartphones, jumped up yesterday almost for 5%%. It occurred after Apple announced two latest versions of the smartphones - multipurpose iPhone 5S and its younger brother - iPhone 5C.

However shares of Apple after presentation of smartphones fell in two days more than for 7%%. Experts totally scarified positioned as the "budgetary" iPhone 5C, which obviously didn't get to the target price category. Falling of stock quotes of Apple was negatively reflected yesterday in an index of technological sector of the USA which lost 0,1%%. In turn, Dow Jones finished trading day in a green zone, having added 0,7%%, thankfully to growth of stock quotations of IBM corporation. Corporation declared that sells to the Synnex company the division which is engaged in outsourcing support of clients, for $0,5 billion. Shares of Synnex jumped up yesterday more than for 20%%.

Another interesting development yesterday  was that on the expectations of good performance results due to increased demand for mobile advertising, Facebook shares rose in price for 3.3%% and were closed at 45.04$ per share, having exceeded a level of 45.00$ for the first time since the moment of IPO which has been carried out in May, 2012.

As to the currency market, main currency pairs approached to key levels of resistance. As a result, EUR/USD finished trading day in the level of 1,3310, and GBP/USD – around 1,5740. News that the U.S. President Obama asked the Congress to postpone vote concerning rocket attack across Damascus, reduced interest to US dollar, however pair faced quite strong resistance on 1,3280 which could go throw only during the American session. This morning EUR/USD is traded on a level of 1.3302, there is possibility that levels of 1.3320/1.3330 will be difficult to overcome and, as a result, it is possible to expect temporary correction back to 1.3260.


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