European premarket 26.11.2012

EUROPEAN premarket 11/26/12

 

What will the future bring ...

    

European stock market ended last week in positive territory in the hopes of recovery of the European economy and the provision of financial assistance to Greece. Investors continue to believe that at a meeting of the Eurogroup will be made this important decision on Greece. Growth leaders were paper companies of the technological sector ASML Holding NV and Nokia, which added 3.25% and 7.94% respectively.

Index DJ EURO STOXX BANK up to previous trading closed at 108.38 (+0.90%).

 

Major European indexes at the close of the previous trading session: FTSE 100 - 5,819.14 (+0.49%); DAX 30 - 7,309.13 (+0.89%); CAC 40 - 3,528.80 (+0.87%). Futures DJ STOXX 50 in the morning prior to the opening of trading in Europe is 2548.50 (+0.85). European stock markets open growth.

 

European index of "blue chips" FTSEurofirst 300, closed on Friday at 1,110.45 (+0.64%).

 

Before the opening of the European session US yield on 10-year T-Note is 1.67% (-0.022 points), the 10-year German Government Bonds is 1.44% (+0.005 points), and 10-year-old UK Government Bonds is 1.84% (-0.003 points).

 

Oil futures on the morning electronic trading consolidated amid Middle East crisis and meeting the expectations of the results and the Eurogroup meeting of Obama and Republican congressmen who continue today.

Mark Brent Oil (ICE) in morning electronic trading before the opening of Europe at 111.20 (-0.16%) and the U.S. crude oil WTI (ICE) 88.03 (-0.28%).

Gold futures morning at 1,749.10 (-0.13%), quotes copper at 354.00 (+0.03%).

Commodity Index CRB Index for the previous trading day was 299.07 (+0.50%).

 

In the currency market, the dollar is supported against a small correction after the strong weakening of his last week on expectations of a positive resolution of the situation in Greece by the Eurogroup and the meeting of Obama and Congress.

The dollar index ICE, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 80.32 (+0.11%).

    

Prediction of the day:

If the meeting of the Euro Group is successful, we can expect further growth in the local level of the EURUSD to 1.3075.

 

Events today:

Moscow time

Switzerland 12.15 Number of employees 3 kv.2012 n / a; 4,09 million, 4.07 million

During the day, the Eurogroup meeting of euro zone

 

Sergei Kostenko