European premarket from Sergei Kostenko

 

European market shares finished trading on Friday amid growing of all good statistics on employment in the U.S., as well as reports of the ECB that it would buy large amounts of sovereign bonds of troubled countries in the euro area for one to two months after starting the program OMT - " direct cash transactions "and then suspend buying for evaluation. According to M. Draghi's decision to start a program OMT inspired investors.

Index DJ EURO STOXX BANK up to previous trading closed at 107.34 (+2.84%). Shares of Barclays, Banco Santander and Societe Generale rose from 2.38% to 3.73%.

 

Major European indexes at the close of the previous trading session: FTSE 100 - 5,871.02 (+0.74%); DAX 30 - 7,397.87 (+1.27%); CAC 40 - 3,457.04 (+1.64%). Futures DJ STOXX 50 in the morning prior to the opening of trading in Europe is 2506.50 (-0.16). European stock markets open in the red zone.

 

European index of "blue chips" FTSEurofirst 300, closed on Friday at 1,111.65 (+1.03%).

 

Before the opening of the European session US yield on 10-year T-Note is 1.74% (+0.000 points), the 10-year German Government Bonds is 1.52% (+0.074 points), and 10-year-old UK Government Bonds is 1.77% (+0.067 points).

 

Oil futures on the morning electronic trading before the opening of Europe's consolidated because of the weekend in the U.S..

Mark Brent Oil (ICE) in morning electronic trading before the opening of Europe at 111.44 (-0.52%) and the U.S. crude oil WTI (ICE) 89.26 (-0.70%).

Gold futures morning at 1,773.40 (-0.42%), quotes copper at 373.10 (-1.24%).

Commodity Index CRB Index for the previous trading day was 307.62 (-0.91%).

 

In the currency market the dollar against major currencies grows amid low activity of investors because of the celebration of Columbus Day.

The dollar index ICE, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 79.61 (+0.22%).

   

Prediction of the day:

Today we do not expect significant changes in the market because of the weekend in the U.S..

 

Events today:

Moscow time

11.15 Switzerland Consumer Price Index in September n / a; 0,3% m / m and 0.0% m / m

12.30 Eurozone investor confidence in the medium on October Sentix n / a; -20,6; -23,2

14.00 Germany Industrial production in August n / a; -0,7% m / m, 1.3% y / y

U.S. markets are closed due to the celebration of Columbus Day.

 

Sergei Kostenko