World stock markets lay the risks of trade wars in the share price

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In global stock markets on Thursday 21 June was dominated by negative sentiment. Markets again lay in the prices of stock risks of trade wars. Thus, in the process they China did not rule out retaliatory actions against U.S. companies included in the calculation of the Dow Jones Industrial Average.
The positive macroeconomic data for the U.S. only partly compensated for the negative geopolitical. The number of initial claims for unemployment benefit Americans for the week was down 3 thousand from a revised figure of the previous week and amounted to 218 thousand, analysts had expected the indicator at the level of 220 thousand. The indicator has been declining for a fourth straight week.
In the end, the American stock indexes at the beginning of the day in the United States decreased by 0.5-0.6%. The main Western European markets were reduced by 1-1. 6% on indices. Pressure on regional markets was provided by the statements of the German Daimler AG about the risks of decline in profit due to a trade dispute the United States and China because some of the factories located on the territory of the United States.
The Russian stock market during trading on Thursday played negative external signals. The weakening of the oil market weighed on stock indexes. However, the corporate story has helped some of the stock to go up.
The leaders of growth Cedi “blue chips” were securities of “Rosneft” (+1%), satirical statements by the representative of Qatar Foundation for allowing the growth of their participation in shareholder capital of Rosneft to more than 20%.
Papers of LUKOIL (+0.3 percent) had the approval by the shareholders at the General meeting dividends for 2017. Increased shares of ALROSA (+2%), NLMK (+2%), “Bashneft” (+1,5%). Cheaper paper “Poles” (-2,6%), “Mosenergo” ( – 2,1%), “Endesa” (-1,7%), Gazprom (1.6 million%).
In General, the ruble indicator Masuri to 18.28 GMT decreased from the start of trading by 0.4% to 2248 points, dollar-denominated RTS index was down 0.7% to 1111 points.
Expect the next auction index Mosuri will hold in the range of 2200-2300 points, and RTS – in the hallway 1095-1125 points.
Ruble in the evening moved to decline against the Euro and stabilize the dollar on the background of the return of the European currency around $ 1,16. The decline in oil weighed on the Russian currency.
The dollar 18.31 MSK grew by 0.1% to 63.72 ruble, the Euro by 0.3% to 73,94 of the ruble. In the next session, the U.S. currency will fluctuate in the range of 63.2-64.2 ruble, Euro – in the hallway of 73.3-74.5 ruble.
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Ivan Marchena,
Analyst
GK Forex Club