Stock Market: Tuesday results.[E]

Closing
Nikkei -614.41 (-4.1%) 14,218.60
FTSE 100 -101.30 (-1.80%) 5.519,60
DOW -90.45 (-0.84%) 10,702.13
NASDAQ -18.67 (-0.89%) 2,072.65
S&P500 -12.99 (-1.05%) 1,223.41
10YR +4/32 (4.96%) 101 8/32

Japan stock market has the greatest losses on Tuesday since September 11th, 2001.
Japanese exporters as Canon Inc. and Honda Motor Co. headed a collapse of market after announcements of Fed officials about undesirable rate of inflation in the country and left doubts of rate increase in the USA will continue. As a result fears renewed on growth of credit cost will negatively influence on American consumers activity. The USA is the major Japan export market.
Its enough to tell for representation of sales scale that only three components of Nikkei 225 strengthened its positions on results of day. It were Kao Corp., Chugai Pharmaceutical Co. and Sky Perfect Communications Inc.

Fears on rates increase and world economy slowdown became a reason of EU stock markets falling. Shares of technological sector companies decreased after world tendency for this segment, which is more sensitive to economic cycle dynamic.
Shares of extracting companies as BHP Billiton, had losses on a background of continuation of copper prices decrease.
Investors worry that FED in the USA likely continues to lift the rates.
Financial companies shares became locomotives of falling which are most sensitive to changes of rates. So, UBS shares have lost 2.7%, a leading European insurer Allianz - 2.4%. BHP Billiton shares fell on 3.3%.

On Monday Wall Street continued decrease.
The U.S stock market opened without the certain tendency after the publication of ambiguous economic data.
As Labor Department informed, PPI which excludes food and energy has grown in May on 0.3% after strengthening on 0.1% the last month.
Forecasts predicted less significant growth, 0.2%.
Major index has strengthen at 0.2% against expected 0.5% and growth at 0.9% in April.
Rates of Retail Sales growth Retail Sales аДаИаАаГб?аАаМаМаА in May decreased to 0.1% compared with 0.5% in April. The index, which excludes auto sales Retail Sales (ex. auto) аДаИаАаГб?аАаМаМаА, appeared at level of expectations and was 0.5% after increase on 0.8% in the last month.
Positive corporate news, and decrease of oil prices on 2.3% in first half of day supported the market. In particular, Best Buy and Goldman Sachs presented stronger quarter results in comparison with expectations, and Qualcomm rose profit forecast for Q3.
Attempt of core indexes growth didnт??t have a success and the market closed with losses.
Considering general concern in inflation problem similar instability likely will keep before the CPI publication on Wednesday, before inflationary report at FOMC meeting.
Volumes of trades: NYSE - 1.92 billion shares; Nasdaq - 2.13 billion.