Leading European and American indexes grew yesterday by 0,2-0,6%%, increase was promoted by good corporate reports and weak statistics on employment from the USA. Investors look on the macroeconomic indicators as on confirmation that stimulating policies and monetary easing program will be still kept. Unemployment benefit figures in the USA which have showed growth of number of the requests to 350 thousand, then only 330 thousand were predicted, definitely is an argument for longer period of QE.
In turn reports of the American companies continue to please investors. The report of Microsoft, published after closing of the trading session, affected a rise in prices of company papers for 7%% during an electronic trading session. On the average the profit of 217 companies which have already reported for the last quarter from the S&P 500 index has been better than market expectations in 77%% of cases, profit in 53%%.
Commodities are again weak today, prices of oil rise slightly on Friday, but finish week with essential decrease. Brent is traded on a price of 107,05$ per barrel increasing from yesterday only for 0,06%%, Light is up for 0,03%% at price of 97,14$. Since the beginning of this week Brent fell in price for 2,4%%, the cost of WTI fell by 3,3%% that is the maximum decrease since June. Gold and silver are losing 0,63%% and 1,77%% accordingly. The future contract on oil of the Brent brand bargains at the price of $107 for barrel, WTI - $96 for barrel.
In relation to EUR/USD, dollar again has been under a strong pressure and pair could from level of opening of 1,3774 move to a maximum on 1,3824. Nevertheless, data which has been published yesterday has been rather inconsistent, data from the Eurozone limited further movements. PMI in France in manufacturing sector left below 50 points level, and in a services sector – didn't hold on to forecasts. Indicators in Germany showed similar dynamic. As a result, pair was rolled away to the area of 1,38, but even after this disappointing figures - EUR/USD feels quite confident. However if today's indicators of IFO will confirm decrease, it will return pair to the area of 1,3710.
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