2014/03/25

The Statistics Disappointed Investors And Sent The Markets To A Red Zone

Trading session on Monday, generally took place under pressure of published statistical data, which in Europe and in the U.S. disappointed participants of the markets.

Preliminary data on an index of business activity in the industrial and services sectors of Germany for March made 53,8 and 54 points respectively, in comparison with 54,8 and 55,9 points in February. Meanwhile, similar indicators of the Eurozone made 53,0 and 52,4 points respectively, whereas a month earlier values were at the levels of 53,2 and 52,6 points.

Following the results of the session, the key index of Great Britain, FTSE 100, went down for 0,6%, French CAC 40 lost 1,4%, and German DAX went to a minus for 1,7%. The regional STXE 600 indicator, in turn, decreased by 1,1% and was closed on a level of 324,39 points. PMI index in the USA, counted by research group MarkIt decreased in March up to 55,5 points from 57,1 points in February, reflecting delay of growth rates of business activity in the industry of the USA.

American session continues fall of the European indexes and the indicator of blue chips, Dow Jones Industrial Average went down on 0,16% up to the level of 16276,69 points, the index of the wide market Standard & Poor's 500 decreased by 0,49% and reached level of 1857,44 points, and the index of high-tech industries of Nasdaq Composite went to a minus on 1,18% and reached a level of 4226,39 points.

World stock markets are still influenced and endure a stress from political opposition of Russia and the countries of Europe and the USA. Yesterday the Big Seven at meeting in the Hague made the decision, that the summit of G8 planned earlier in Sochi will take place in Brussels in the G7 format, without participation of Russia. The decision is made in connection with a situation around Ukraine and will be in force until the Russian side will not change the policy concerning Ukraine and the Crimea.

This week the special attention will be paid to statistics, in particular, to influence of bad weather on statistics. In case, if not a snowfalls in the USA were the reason of weak indicators, and weakening of economy - markets will receive more negative news.

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