Stock markets inspired by the fed’s decision

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Prices on black gold on Wednesday, 30 January, slowly but surely increased. By the closing trading price of Brent crude oil rose 0.98% to $of 61.56 per barrel and the price of Texas WTI even gained 2.1 percent, rising to $ 54,35 per barrel. The main reason for the rise in prices was based on data from Ministry of energy U.S. commercial oil reserves, and, oddly enough, not their reduction, but rather about growth. The fact is that oil market analysts predicted the growth of commercial oil reserves in the United States more than 3 million barrels in the week, but in the end it turned out that the stocks for the week increased by 919 thousand barrels.
A small increase in oil reserves was inspired by the oil market on the rise. The sanctions that the administration of Donald trump declared against the Venezuelan state oil Corporation PDVSA, the oil market is apparently not much affected: according to the us Treasury, from the effect of the sanctions will be removed, a number of countries-importers of Venezuelan oil, and American refineries. Today in the morning trading session the price of Brent and WTI continue to rise and rising more than a percentage point, Brent and WTI grows more dynamic. For today we expect the trading range for Brent is $61-62 per barrel.
On Wednesday, the fed announced its decision to keep interest rates unchanged and its head Jerome Powell in a press conference hinted at a revision of the monetary policy towards easing, and it motivated the us stock market on growth. At the end of trading Wednesday the Dow 30 showed an increase of 1.77%, the S&P 500 by 1.55% and the Nasdaq by 2.2%. The decision of the Federal reserve and comments Powell also encouraged the Asian stock markets: indices of stock exchanges in China, Japan, and South Korea in the morning in the pros.
The Russian stock market closed higher amid rising oil prices and expectations that the fed will keep interest rates unchanged. RTS index has added 0,64%, while the index of the Moscow stock exchange rose by 0.54%. Today on the Russian stock market, we expect growth to continue in the morning. Our expectations for today for the RTS index are within the boundaries of 1100-1250 points, index Masuri – 2500-2600 points.
Today, the ruble at the opening, probably more expensive. Predicted for today the following rates of the ruble to the dollar and the Euro: 65,7-66,8 rubles per dollar and 75-76 RUB for Euro.
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Natalia Milchakova,
Deputy Director of information-analytical center,
Alpari