years on the market

European premarket 02/06/13


The market expects the ECB meeting tomorrow ...
                
European stock markets closed in positive territory thanks to statistics from the U.S. and Europe. PMI data for the services supported by the eurozone market, the U.S. non-manufacturing sector data also showed that there is an increase in activity in the last month. Against this background, the leaders of growth were shares of Munich Re, which rose by 3.9% after reporting results for the 4th quarter and the statements of the plans to increase dividends.
Stoxx Europe 600 index rose 0.58%, to close at 285.56 points.
Index DJ EURO STOXX BANK up to previous trading closed at 119.32 (+1.83%). Paper Banco Santander and BBVA have risen by 3.0% and 2.3% respectively. BBVA received additional support due to higher broker recommendations. UniCredit shares gained 2.5%, Intesa Sanpaolo rose by 2.1%.


Major European indexes at the close of the previous trading session: FTSE 100 - 6,282.76 (+0.58%); DAX 30 - 7,664.66 (+0.35%); CAC 40 - 3,694.70 (+0.95%). Futures morning before the opening of trading in Europe FTSE 100 IDX - 6,251.50 (+0.21%); DAX INDEX -, 675.50 (+0.13%); CAC40 - 3,697.50 (+0.01%). Trading in Europe opened in positive territory.
 
European index of "blue chips" FTSEurofirst 300, closed on Monday at 1,154.47 (+0.31%).

Before the opening of the European session US yield on 10-year T-Note is 2.01% (+0.010 NCP), the 10-year German Government Bonds is 1.66% (0.000 NCP), and the 10-year UK Government Bonds is 2.12% (+0.040 NCP).

Oil futures morning before the opening of the European trading session traded without any changes due to the strong statistics yesterday from Europe and the U.S., in spite of yesterday's data on the growth in U.S. oil inventories last week.
Brent Oil (ICE) in morning electronic trading before the opening of Europe at 116.57 (+0.04%), and U.S. crude oil WTI (ICE) 96.61 (-0.03%).
Gold futures morning at 1,673.60 (+0.01%), quotes of copper at
376.70 (-0.08%).
Commodity Index CRB Index for the previous trading day was 304.14 (+0.40%).
 
In the currency market, the dollar is supported against the Australian dollar and the British pound because the weakness of the economies of Australia and Britain. Yen continues almost vertical fall against the euro and the dollar because of expectations of change Shirakawa Prime Minister in March, not in April. The euro is almost froze in anticipation of the ECB's monetary policy meeting, which will be held tomorrow.
Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 79.70 (+0.20%).
     
Prediction of the day:
EURUSD pair today seem to continue to be adjusted down to the level of 1.3400-20.
 
Events today:
Moscow time

15.00 Germany factory orders in December n / a; 0,8% m / m, -1.8% m / m
19.00 Canada Business Index Ivey PMI January n / a; 53,2; 52,8
19.30 U.S. Crude Oil Stocks for the week 27.01-02.02 n / a; n / a; 5,9 million barrels.

Sergei Kostenko
 

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