New trading week begins rather quietly and without any surprises after weekend. On Friday the American market continued the growth, thanks to what index Dow Jones increased for 0,18%% reaching level of 15399,65 points, Nasdaq added 1,32%% and finished trading week on a level of 3914,28 points, S&P500 increased for 0,66%% up to the level of 1744,50 points.
In general, this continuous growth can be described with the bad effect on the economy of USA, while the politicians in Washington were unwilling to agree and solve matters. FRS will be compelled to prolong repayment of bonds without reduction of volumes, most likely, at least till February of the next year. Also we believe, today growth also will proceed.
Also successful quarter results of a number of the leading American companies are giving indexes power to move further up. Some of the companies which presented their quarterly results on Friday – extremely surprised markets. Google reported growth of quarter net profit for 36%%, for the first time the price of its shares passed through a level of 1000 dollars, having reached maximum cost at 1011 dollars.
As to the commodities market, then here oil and precious metals prices are quite stable. Brent this morning is losing just 0,08%% traded on a price of 109,85$ per barrel, Light is decreasing a bit more – traded on a price of 100,88$ per barrel and losing 0,23%%. Gold and Silver are up on 0,52%% and 1,39%% accordingly.
It is important to admit that despite the fact that the stock markets continues its growth, American dollar is under significant pressure for the last few weeks. Today EUR/USD currency pair is traded on a level of 1,3682. Upcoming week will be saturated on important macroeconomic statistics as public institutions of the USA resume work and will start publishing the releases passed during the previous weeks. We will see figures on sales volumes in the secondary market of real estate, Bureaus of labor statistics will deliver the report on quantity of new workplaces and unemployment rate. The released data might have significant influence on further development of the dollar.
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