American premarket from Sergei Kostenko

Wall Street took a wait-and-see position

 

The U.S. stock market closed mixed on Tuesday on expectations of results of the first actions the Fed aimed to buy mortgage-backed securities, as well as short-term government securities and weak statistics from the largest express delivery company  - the FedEx, whose shares fell by 3.06%.

American BKX bank index closed yesterday at 50.54 (-0.45%). Shares of companies Goldman Sachs Group Inc., Citigroup Inc and Bank of America Corp fell from 0.02% to 0.75%.

 

U.S. stock indexes for the previous trading day to close at: DJI-13,564.64 (+0.09%); S & P 500 - 1,459.32 (-0.13%); NASDAQ Comp. - 3,177.80 (-0.03%)

On the eve of the U.S. trading session, futures on the broad market index S & P 500 is 1,454.90 (+0.14%). U.S. Markets open in a small plus.

 

Oil futures before opening in New York began to decline, fully recouping from all the positive news from Japan about the decision of the Central Bank to increase the liquidity of the local market by 10 trillion yen. Quotes of oil continues to remain under pressure due to persistent rumors that China will no longer go to the easing of monetary policy, and that Saudi Arabia has increased oil production. An additional negative factor is the expectation that today's official data on U.S. crude stocks show their growth.

Crude futures mark Brent Oil (ICE) day at 110.91 (-1.01%), the U.S. crude oil WTI (ICE) 94.87 (-0.44%). Gold futures stood at 1,771.00 (-0.01%), quotes copper at 379.90 (+0.32).

Goldmann Sachs Commodity Index XOI last session stood at 1288.66 (-0.56%).

In the currency market correction continues to strengthen against the U.S. dollar on Spanish history. Spain's reluctance to request financial assistance from three creditors leaves in limbo the normalization of debt markets troubled European countries.

Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 79.39 (+0.05%).

 

Prediction of the day:

EURUSD pair rolled back by 23% Fibonacci down, which is natural after such a long growth. But in spite of this, we continue to expect that after a couple of minor adjustments to the level of 1.3350 grows amid the results of the first month of the program of quantitative easing from the Fed.

 

Events today:

Moscow time

18.00 U.S. sales in the primary market in August n / a; 4,58 million, 4.47 million

18:30 U.S. Change oil 10.09-16.09 n / a; n / a; 2,0 million barrels.

 

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