The American trading session again ended reaching new historical maxima. S&P 500 updates records the third session in a row, NASDAQ is on a maximum levels since September, 2000. Again weak statistics have been giving support to the markets and was pushing indexes to go up. Retails in the USA decreased in September by 0,1%%, then growth of 0,1%% has been expected. The index of consumer confidence of Conference Board fell to 71,2 from 79,7.
It is natural that this published statistics is leading investors to buy more before FRS meeting. The majority of participants of the market doesn't expect any changes in the volume of the quantitative program. It is also worth remembering the prices of houses. The S&P/Case-Shiller index in August showed a rise of 12.8%% in prices for residential real estate in 20 main city formations of the USA. Just during the August price grew by +0,9%%.
The Asian markets are also full of optimism. MSCI Asia-Pacific in Tokyo rose by 0,5%%. Industrial production in Japan grew in September. This morning Nikkei 225 grew up for 1,03%%, and Shanghai Composite adds 0,76%%.
As to the commodity market, then here gold is not moving, seems to be waiting for FRS decision. Quotations decreased on Tuesday and this morning gold is traded on a price of 1346,27$ per troy ounce adding 0,06%%. Even reserves of SPDR Gold Trust didn't change. Oil also is decreasing second day in a raw, especially Light having losing 0,44%% and traded on a price of 97,77$ per barrel. Brent is up for 0,12%% at a price of 109,14$ per barrel.
Today it is necessary to pay attention to the following macroeconomic events like unemployment in Germany, indexes of expectations and business climate in the Eurozone, the indicator of employment of ADP Services, data on consumer inflation in the USA, data of the Ministry of Energy of the USA on stocks and consumption of oil and oil products. And of course the results of the FED meeting, which have been awaited by participants of the market for the last two weeks.
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