Daily Market Reviews by MAYZUS.com

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03 April 2014: Outcome Of The ECB Meeting Will Have Investors Attention

DAILY MARKET REVIEWS

By Kristina Leonova: Analyst in Portfolio Asset Management Department.

Stock markets again pleased the participants of the markets and closed one more trading day with an increase.

According to the published figures from the Institute of ADP, employment in the United States during last month increased by 191 thousand, which almost reached the expectations of analysts at 195 thousands. Additionally, factory orders in February increased by 1,6%, when 1,2% was expected.

As a result, the Dow Jones Industrial Average increased by 0,24% up to the level of 16573,00 points, the Standard & Poor's 500 index grew by 0,29% and was closed on a level of 1890,90 points, while the index of high-tech companies, Nasdaq Composite, moved up by 0,20% and reached the level of 4276,46 points.

European indices also conducted a positive trading session, continuing their positive trend. The British index, FTSE 100, rose by 0,1%, France's CAC 40 added 0,09%, while Germany's DAX increased by 0,2%. The regional indicator STXE 600, in turn, rose by 0,17% and was closed on the level of 336.93 points.

Today, the attention of investors will be focused on the outcome of the ECB meeting, which, traditionally, is going to be followed by a speech from Mario Draghi. During the last week, analysts were building up confidence that members of the meeting are going to concentrate on the restoration of the peripheral economies, rather than on the weak levels of inflation. Although yesterday, the first doubts about this appeared.

Copyright: MAYZUS Investment Company Ltd

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04 April 2014: The Trading Week Will End Depending On The Data From The U.S. Labor Market

DAILY MARKET REVIEWS

By Kristina Leonova: Analyst in Portfolio Asset Management Department.

Yesterday, markets reacted positively on the outcome from the ECB meeting. The President of the ECB, Mario Draghi, said that the ECB is ready to take additional measures to mitigate the monetary policy, and added that interest rates will remain at current or lower levels for an extended period of time. The ECB kept its benchmark interest rate unchanged at 0,25% yesterday, which coincided with market expectations.

As a result, the British index, FTSE 100, fell down by 0,2%, France's CAC 40 increased by 0,40%, while Germany's DAX grew by 0,1%. The regional indicator, the STXE 600, in turn, increased by 0,1% and was closed on the level of 337,25 points.

It is worth paying attention to the fact that yesterday data was presented on weekly claims for unemployment benefits, which appeared to be worse than expectations. The index of business activity in the U.S. service sector, ISM Non-Manufacturing index, rose in March to 53,1 points from 51,6 points a month earlier, but still appeared to be lower than the predicted 53,5 points.

At the closing of the day, the Dow Jones finished without any change at the level of 16572,55 points, the S&P 500 index fell by 0,11% to the level of 1888,77 points, whilst the Nasdaq lost 0,91% and reached the level of 4237,74 points.

Brent and WTI are up by 0,30% and 0,48% accordingly, traded on levels of 106,41$ and 100,11$ per barrel. Gold is increasing by 0,39% on a price of 1289,57$ per troy ounce, and silver is up by 0,61% on a price of 19,93$ per troy ounce.

This afternoon, the U.S. Labor Department will release the employment report for March. It is expected that the level of unemployment in the U.S. economy in the last month decreased from 6,7 % to 6,6%. Also, it is expected that in March more than 200,000 jobs were created.

Copyright: MAYZUS Investment Company Ltd

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07 April 2014: Markets Are Digesting Last Weeks Events

DAILY MARKET REVIEWS

By Kristina Leonova: Analyst in Portfolio Asset Management Department.

The last trading week was filled with important economic events and publications of macroeconomic statistical data, which influenced the situation in the stock and currency markets.

European stock markets finished the week rather optimistically, and by the end of the trading session, the British index, FTSE 100, and Germany's DAX, increased by 0,70% and the French CAC 40 added 0,79%. The regional indicator STXE 600 increased, in turn, by 0,60% and was closed at the highest level since January 2008 at 339,18 points, having added around 1,60% within a week.

At the same time, the situation in the American stock market was not as positive and finished in negative territory. Mainly, it was pushed down by weak statistics. The labor market data appeared to be worse than the consensus forecast. Last month 192 thousand jobs were created, against the expected 200 thousand. Additionally, the unemployment rate rose from 6,6% to 6,7%.

As a result, the Dow Jones Industrial Average lost 0,96% and was closed on a level of 16412,71 points, the S&P 500 fell by 1,25% to the level of 1865,09 points, and the biggest loss of the day was obtained by Nasdaq Composite Index, which lost 2,60% and was closed on the level of 4127,73 points.

Commodities are also down this morning, Brent and WTI are losing 1,05% and 0,59% accordingly, traded on prices of $105,51 and $99,87 per barrel. Gold is down by 0,24% on the level of $1300,41 per troy ounce, and silver is traded on a price of $19,86 per troy ounce and is decreasing by 0,45%.

Among the interesting publications today which require attention, is the data on industrial production in Germany, which, in February, increased by 0,4%, against an expected 0,3%. The previous change was revised from 0,8% to 0,7%.

Copyright: MAYZUS Investment Company Ltd

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06 May, 2014: Stock Markets Are Opening Trading Week Without Significant Changes

The new trading week started with a moderate growth of the main stock markets. As for the U.S, the index of economic conditions of ISM in the non-productive sphere in April increased from 53,1, to 55,2, when, at the time, analysts predicted growth of only 54,1.

The Dow Jones Industrial Average index raised 0,11% to the level of 16530,55 points, the index of the wide market, Standard & Poor's 500, increased by 0,19% and reached a level of 1884,66 points, and the index of high-tech industries, Nasdaq Composite, went into plus by 0,34% and reached a level of 4138,06 points.

The situation in Europe was not so optimistic, mainly influenced again by the conflict in Ukraine, which brings huge uncertainty to the markets. The French index, CAC 40, increased by 0,10%, the German DAX went to a minus by 0,30%. The regional STXE 600 indicator, in turn, decreased by 0,30% and was closed on a level of 336,89 points.

The investor confidence index of Sentix of the Eurozone for May, made 12,8 points against average expectations of 14,2 points. Besides that, the price index of producers of the Eurozone in March decreased by 0,20%, which coincided with average forecasts.

The price of commodities remain stable without showing any significant movements. Brent and WTI are up by around 0,11% and are traded on prices of $107,23 and $98,84 per barrel. Gold adds 0,20%, traded on a level of $1311,94 per troy ounce. Silver is up 0,40%, bargaining next to the level of $19,65 per troy ounce.

The Asian markets are less active due to the celebration of a national holiday. Today, attention should be paid to the index of business activity in the services sector of Germany, Great Britain and the Eurozone. Also, later on data on retails sales in the Eurozone will be published.

[MAYZUS_rep]

09 May, 2014: Comments Of Draghi Sent EUR/USD Down

Yesterday, investors were focusing on the meeting of the European Central Bank, which strongly affected the Euro's position in relation to main currencies. The ECB kept the interest rate on the same level of 0,25%, but during the press conference, Mario Draghi hinted that it was possible that interest rates could lower next month.

This had an immediate effect on the euro. The EUR/USD dropped from its maximum level over the past 3,5 years, 1,3993, to the minimum of the week, on the level of 1,3848. This morning, the EUR/USD currency pair is traded on a level of 1,3826.

In the U.S, data was presented on the primary requests for unemployment benefits, which appeared to be substantially better than expectations, making 319 thousand, dropping from 345 thousand last month. Analysts were expecting the number to be on 325 thousand.

As a result, the Dow Jones Industrial Average index grew by 0,20% to the level of 16550,97 points, the S&P 500 index lost 0,14% and reached a level of 1875,63 points, and the Nasdaq Composite index decreased by 0,40%, to 4051,50 points.

Prices of commodities are stable and are moving, but without a significant change. Brent and WTI are up 0,84% and 0,83% accordingly, traded on levels of $108,39 and $100,36 per barrel. Gold is up 0,23% and is bargaining on a price of $1290,67 per troy ounce. Silver is adding 0,27% and is traded on a level of $19,19 per troy ounce.