Stock markets fall before meetings of Central banks

  • And
  • +A

Investors are reinsured and reduce positions in the shares on the eve of important meetings of the Central banks of the developed countries on the issue of monetary policy later this week.
On Tuesday, the decision on this issue will take the Bank of Japan Wednesday, the US Federal reserve, on Thursday the Bank of England. American stock indices on this background in early trading Monday in the U.S. declined 0.3% to 1.2% since the beginning of the day. Western European markets on Monday to the closure fell within 0.5%.
Regional trading floors came under the pressure of corporate negativity. Brewing group Heineken reported that this year’s economic conditions remain volatile, and the negative impact on revenue and operating profit will have a directional effect.
The Russian stock market on Monday rose slightly. Investors have won high oil prices, the cost of which is strengthened above $ 75 per barrel and headed to $ 76. The strong ruble added confidence to the “bulls” stock market.
The leaders of growth were shares of AFK “Sistema” (4.8%), receive a loan from the Bank “Opening” that allowed to remove the collateral to owned by AFC of the shares of “Children’s world” (52,1%). Shares of the Moscow exchange rose in price by 1.9%, “Akron” – on 1,5%. The leaders of decline were the shares of “Yandex” (-6,1%), M. video (-3,2%), Polymetal (1.6 million%).
In General, the ruble indicator Masuri to close increased from the start of trading on 0,13% – to 2295,72 points, the dollar index of RTS – on 0,93% to 1162,42 points. The difference in growth is due to the decline of the dollar more than 50 cents. Expect the next auction index Mosuri will hold in the range of 2250 -2350 points, and RTS – in the hallway 1145-1175 points.
In the evening the ruble rose against the dollar and the Euro, although the normal course of trading and was interrupted by the technical failure of the exchange, which lasted about one hour from 19.30 GMT. Rising in district 76 dollars per barrel of oil and the last day of the tax period supported the Russian currency.
The dollar 20.56 MSK decreased by 0.9% to 62,22 ruble, Euro – by 0.5% to 72,90 of the ruble. In the next session, the U.S. currency will fluctuate in the range of 61.7-62.7 ruble, Euro – in the hallway of 72.3-73.5 per ruble.
Ivan Marchena,
GK Forex Club