2013/11/05

Markets move depending on published statistical data

Yesterday we did not see any essential changes in foreign stock markets. The American platforms on Monday has been traded with the volumes which has been lower than average, Dow Jones increased by 0,15%%, S&P 500 grew by 0,36%%, and Nasdaq Composite added 0,38%%. Support to the markets was given by R. Fisher's speech, where he negatively expressed his attitude towards political disagreements between republicans and democrats that led to the termination of financing of the budgetary establishments.

In the meantime, Asian platforms bargain in a different directions. Better than others feels the Australian ASX200 which adds about 0,8%%, supported by the news that Reserve Bank of Australia kept an interest rate at the current level of 2,5%%. Chinese Shanghai Composite decreases by 0,4%%. In the morning has been published the index of business activity in a services sector according to the HSBC version, which in October grew to 52,6 points. The Japanese market after a national holiday on Monday shows sluggish movement, increasing by 0,1%% in relation to closing levels of Friday.

It can be assumed that trading session in the European stock platforms is going to pass rather quietly, due to the fact that there are not a lot of statistical data to be published today.  Data of economic moods of the countries of the Eurozone yesterday showed traditionally good results. As it has been expected, the PMI index in the production sector for the region made 51,3 points, having confirmed an initial assessment. The indicator of economic moods of Sentix in November continued the growth from 6 to 9 points, reflecting growth of business activity.

As to the important statistical data, today will be published PMI index of Great Britain in a services sector and the Producer Price Index for the Eurozone, which shows decrease in rates of the growth since the end of 2011. In the evening also are going to be published numbers of ISM Services PMI in the USA. Indexes for the non-productive sphere, most likely, will confirm today the high level of optimism reached within a year.





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