The USA is ready to postpone military operation against Syria

Today the market will be more nervous, than it was on Monday - the USA is ready to accept the offer of Russia and to postpone military operation against Syria, if Syria will agree to transfer the chemical weapon of the country under the international control.  Based on this news and discussions, prices of oil are falling.  Brent is traded this morning on 111.47$ per barrel and Light has reached level of 107.46$, both oil, both oil brands are losing around 1%% in price. Nevertheless, the latest events are only temporary break before the situation will continue to develop according to a new scenario.

Meanwhile, the stock market of the United States finished trading session with a moderate growth of the main indexes, the Dow Jones index recorded the greatest increase from the middle of July, having added 0.94%%. Nasdaq and S&P500 added 1.26%% and 0.99%% accordingly. Mainly all the stock markets were growing on the Chinese optimism.

Just to remind, that surplus of trade balance made $28,61 billion in comparison with average market expectations at the level of $20 billion. Signs of improvement of economy of the country accordingly to the tradition work as a balm for the soul of the investment community, and on such background even remaining uncertainty around Syria didn't prevent rally.

One more interesting development, we could see in the development of the EUR/USD currency pair. USD felt under pressure after the index of business moods of Sentix grew to 6,5 instead of predicted fall to 4,0, having showed the maximum indicator since May, 2011. Euro went above level of 1.32, reaching 1.3280 high during the America trading session and closing day around 1.3260. This morning, dollar is trying to win back lost positions and is strengthening towards euro, traded on a level of 1.3246.


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