Novosti i prognoe: tržište kapitala od 16-10-2014

Stock indices closed mixed. Stock erased almost all losses after comments by Federal Reserve Bank of St. Louis President James Bullard. Bullard said that the Fed should consider to delay the end of its bond-buying program.

Earlier, stocks dropped on worries the financial crisis is returning.

Spain's government failed to reach its maximum target in a bond sale. That also added to concerns over the Eurozone`s economy.

Eurostat confirmed on Thursday that the consumer price inflation in the Eurozone was at annual rate of 0.3% in September, in line with expectations, down from 0.4% in August. That was the lowest inflation since October 2009.

Eurozone's consumer price index excluding food and energy was at annual rate of 0.8% in September, up from the previous reading of 0.7%. Analysts had expected the consumer price index excluding food and energy to rise 0.7%.

Eurozone's trade surplus climbed to 15.8 billion euros in August from 12.7 billion euros in July. July's figure was revised up from 12.2 billion euros. Analysts had expected the trade surplus to increase to 13.5 billion euros.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,195.91 -15.73 -0.25%

DAX 8,582.9 +10.95 +0.13%

CAC 40 3,918.62 -21.10 -0.54%

U.S. stock-index futures fell as equities around the world continued a selloff amid deepening concern that global growth is slowing.

Global markets:

Nikkei 14,738.38 -335.14 -2.22%

Hang Seng 22,900.94 -239.11 -1.03%

Shanghai Composite 2,356.5 -17.17 -0.72%

FTSE 6,110.18 -101.46 -1.63%

CAC 3,857.39 -82.33 -2.09%

DAX 8,440.12 -131.83 -1.54%

Crude oil $80.26 (-1.74%)

Gold $1238.40 (-0.52%)

(company / ticker / price / change, % / volume)

Upgrades:

Citigroup (C) upgraded from Sell to Hold at Argus

American Express (AXP) upgraded from Underweight to Neutral at JP Morgan, target raised to $95 from $90

Downgrades:

Walt Disney (DIS) downgraded to Neutral from Buy at Guggenheim

Other:

Stock indices traded lower on worries the financial crisis is returning.

Spain's government failed to reach its maximum target in a bond sale. That also added to concerns over the Eurozone`s economy.

Eurostat confirmed on Thursday that the consumer price inflation in the Eurozone was at annual rate of 0.3% in September, in line with expectations, down from 0.4% in August. That was the lowest inflation since October 2009.

Eurozone's consumer price index excluding food and energy was at annual rate of 0.8% in September, up from the previous reading of 0.7%. Analysts had expected the consumer price index excluding food and energy to rise 0.7%.

Eurozone's trade surplus climbed to 15.8 billion euros in August from 12.7 billion euros in July. July's figure was revised up from 12.2 billion euros. Analysts had expected the trade surplus to increase to 13.5 billion euros.

Current figures:

Name Price Change Change %

FTSE 100 6,097.97 -113.67 -1.83%

DAX 8,417.5 -154.45 -1.80%

CAC 40 3,852.77 -86.95 -2.21%

Asian stock indices closed lower following a sell-off on Wall Street. Yesterday's sell-off on Wall Street was triggered by the disappointing U.S. economic data. The U.S. retail sales declined 0.3% in September, missing expectations for a 0.1% drop, after a 0.6% gain in August.

The U.S. PPI fell 0.1% in September, missing expectations for a 0.1% gain, after a flat reading in August.

The NY Fed Empire State manufacturing index decreased to 6.2 in September from 27.5 in August. Analysts had expected the index to decline to 20.3.

Investors speculate that the Fed could delay its interest rate hike.

New loans in China increased to 857.2 billion yuan in September from 702.5 billion yuan in August, exceeding expectations for a rise to 750 billion yuan.

Indexes on the close:

Nikkei 225 14,738.38 -335.14 -2.22%

Hang Seng 22,900.94 -239.11 -1.03%

Shanghai Composite 2,356.5 -17.17 -0.72%