Investors Don't Rush Their Decision-Making

Yesterday, the trading session in the main European stock platforms passed rather quietly, and the main focus of the participants of the market was on statistical data, which mostly coincided with forecasts of analysts. Final data on the consumer price index of Germany was presented for December, which, as expected, increased by 0.4%%. Meanwhile, the similar indicator on the Eurozone grew by 0.3%%, also having coincided with market forecasts.

As a result, the key index of Great Britain, the FTSE100, went down by 0.07%%, the French CAC40 lost 0.3%%, and the German DAX went to a minus by 0.17%%. The regional STXE 600 indicator, in turn, decreased by 0.2%% and was closed on a level of 333.99 points.

As for the macroeconomic statistics published in the United States, in general, it was of a neutral character. Data on inflation for December corresponded to average market forecasts, the consumer price index, taking into account seasonality, grew by 0.3%%, and the basic indicator of inflation added 0.1%%. Furthermore, the number of primary requests for unemployment benefits for the past week practically coincided with the forecast, having decreased from the reconsidered 328 thousand, to 326 thousand. Finally, the index of business activity of the FED of Philadelphia in January, made 9.4 points, when 8.6 points were forecast.

Following the results of the session, the indicator of blue chips, Dow Jones Industrial Average, went down by 0.39%% to the level of 16417.01 points, the index of the wide market, Standard & Poor's 500, decreased by 0.13%% to the level of 1845.89 points, and the index of high-tech industries of Nasdaq Composite went to a minus on 0.09%% and reached the level of 4218.69 points.

In the commodities market, the situation seems to be stabilizing. The price for Brent is increasing by 0.23%% and is on a level of 105.99$ per barrel. WTI is up by 0.52%% on a level of 94.59$. Gold and silver are adding 0.18%% and 0.13%% accordingly, traded on the levels of 1242.44$ and 20.08$ per troy ounce.

Expectations of the continuation of the reduction of the program of quantitative easing, give support to the Dollar, and during the continuation of active discussions on this subject, the attention of investors is concentrated on speeches from the heads of the regional FED. Today, the report on the situation of the economy is going to be made by the president of the FED of Richmond - Jeffrey Lacker.

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