2013/10/08

Movements in the market are not expected while crisis in the USA will not be resolved

On Monday, the stock market of the United States finished trading session with moderate decrease of the main indexes, thus the index of the wide market Standard & Poor's 500 fell to a minimum level in a month. After losing week market didn't find in itself forces for growth - legislators remain at the former deadlock concerning the future exhaustion of means in the budget and can't find a compromise.

At the same time, we will note that the international rating agency Moody's called probability of a default of the USA according to debts "very low", and it promotes rather quiet situation in the world markets, at the same time giving support for strengthening of the dollar.

Following the results of the trading session, the indicator of blue chips of Dow Jones Industrial Average went down on 0,90%% to level of 14936,24 points, the index of the wide market Standard & Poor's 500 decreased by 0,85%% to a level of 1676,12 points, and the index of high-tech industries of Nasdaq Composite went to a minus on 0,98%% and reached a level of 3770,38 points.

The European indexes also showed decrease following the results of the day. Gross domestic product of the Eurozone grew by 0,3%% that coincided with expectations of analysts. However, the index of business trust of Sentix for October decreased from 6,5 to 6,1 points when analysts expected growth to 8 points. As a result, DAX decreased by 0,36%%, FTSE 100 fell by 0,37%%, and CAC 40 lost 0,19%%.

The Asian markets are showing multidirectional dynamics, however, with prevalence of small growth. Nikkei bargains in a green zone, despite decrease in quotations of the companies of exporters because of yen strengthening. Increases within 1%% indexes show indexes of China. The Australian and Korean indexes, on the contrary, are in a small minus.

Oil is stable with Brent on 108,70$ per barrel and Light on 102,88$ per barrel. Gold and silver are slightly loosing, traded on levels 1324,87$ and 22,34$ accordingly.

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