AMERICAN premarket 19.11.2012

 

Obama reassured investors ...

 

The U.S. stock market ended trading on Friday steady growth inspired by rumors about the positive notes of the talks Obama and Congress on how to overcome the budget crisis. Optimism President conveyed to market participants who are hoping for a positive outcome in the negotiations. The leaders of growth stocks were the technology sector. Paper Research in Motion Ltd and Facebook jumped by 3.13% and 5.41% respectively.

American BKX bank index closed yesterday at 47.15 (+0.64%).

 

U.S. stock indexes for the previous trading day to close at: DJI-12,588.31 (+0.37%); S & P 500 - 1,359.88 (+0.48%); NASDAQ Comp. - 2,853.13 (+0.57%)

On the eve of the U.S. trading session, futures on the broad market index S & P 500 is 1,369.30 (+0.70%). U.S. markets open growth.

 

Oil futures before opening in New York are growing because of ongoing tension in the Middle East. The conflict between Israelis and Palestinians support a risk premium, contributing to higher prices for crude oil.

Crude futures mark Brent Oil (ICE) day at 110.45 (+1.36%), U.S. crude oil WTI (ICE) 88.21 (+1.46%). Gold futures stood at 1,725.00 (+0.60%), quotes copper at 351.85 (+1.65%).

Goldmann Sachs Commodity Index XOI last session stood at 1172.19 (+0.07%).

 

In the currency market, the continued weakening of the dollar amid expectations of a positive resolution of the situation around the budget crisis. Reduction of tension around the probability of this event promotes buying risk investors.

Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 81.09 (-0.27%).

 

Prediction of the day:

Against the background of optimistic news about the prospects of negotiations to overcome the fiscal crisis in the U.S., as well as rising oil prices AUDUSD pair has the potential to grow to a level of 1.0435-45 in the short term.

 

Events today:

Moscow time

19.00 U.S. sales of existing homes in October n / a; 4,76 million, 4.75 million

19.00 U.S. Housing Market Index from November NAHB n / a; 41, 41

 

Sergei Kostenko