American premarket from Sergei Kostenko

 

Markets waiting for Bernanke’s words.

 

U.S. stock market finished trading with the growing today, hoping that the head of the U.S. Federal Reserve will announce a program to support the economy. The probability of this event is 50%, but market participants continues to believe in it.

American BKX bank index closed yesterday at 49.63 (+0.69%). Stocks of companies Morgan Stanley, Citigroup Inc and Goldman Sachs Group Inc. rose from 0.99% to 1.33%.

 

U.S. stock indexes for the previous trading day to close at: DJI-13,333.35 (+0.07%); S & P 500 - 1,436.56 (+0.21%); NASDAQ Comp. - 1,436.56 (+0.32%)

On the eve of the U.S. trading session, futures on the broad market index S & P 500 is 1,437.10 (-0.17%). U.S. Markets open in the red zone.

 

Oil futures before the opening of New York consolidated in anticipation of new U.S. economic stimulus from the Fed.

Futures of the Brent Oil (ICE) day at 116.20 (+0.21%), U.S. crude oil WTI (ICE) 97.20 (+0.20%). Gold futures stood at 1,733.70 (+0.00%), quotes copper at 368.75 (-0.14).

Goldmann Sachs Commodity Index XOI last session stood at 49.63 (+0.27%).

In the foreign exchange market during the day the U.S. dollar continues to be under a little pressure on the expectation of the launch of new stimulus from the Fed.

 

Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 79.66 (-0.08%).

 

Prediction of the day:

If there will be a signal that the Fed will begin a new economic stimulus measures, it will have a negative impact on the U.S. dollar.

 

Events today:

Moscow time

16.30 Canada price index on the primary market in July n / a; 0,3% m / m and 0.2% m / m

16.30 The level of capacity utilization Canada Q2. 2012 n / a; 81,1%; 80,7%

16:30 U.S. Producer Price Index in August n / a; 1,2% m / m, 0.3% y / y

16.30 U.S. The number of applications for unemployment benefits for the week 2-8 August n / a; 370,000; 365,000

Basic 16.30 U.S. producer price index in August n / a; 0,2% m / m, 0.4% y / y

18:30 U.S. natural gas reserves for the week 2-8 August n / a; n / a; 28 billion cubic feet.

20:30 U.S. Fed's decision on interest rates in September n / a; <0.25%; <0.25%

22:00 U.S. Fed's publication of economic forecasts

22.00 U.S. Federal budget balance in August n / a; -157,1 billion; -69.6 billion

22.15 U.S. Fed Press Conference