Новини ринків

• • You should not attach too much importance to one weak employment report

  • The March employment report was "mediocre"

  • The unemployment rate will be 7.8% at the end of the year

  • We are waiting for more data to obtain confirmation of the economic recovery

  • It is still too early to decide what to do next

• 
  

  • Activity in the manufacturing sector continued to grow in most regions

  • Manufacturers are optimistic about economic growth, but concerned about oil prices

  • Warm weather contributed to the growth of retail sales

  • Prospects encouraging household spending, gas prices cause concern

  • Sales of new cars strong, active in the tourism sector has grown

  • Residential real estate market showed some improvement

  • Banking conditions are stable, there is some improvement in demand for loans

  • The rate of employment is stable or show moderate growth in many regions

  • The pressure in the limited salaries, general inflation has reserved

European stocks gained, rebounding from a two-month low, as banks and automakers advanced and Spain’s prime minister said the country wouldn’t need a bailout.

Prime Minister Mariano Rajoy said Spain faces a “huge” task generating jobs and growth as it looks to rein in its budget deficit. Addressing lawmakers of his People’s Party in Madrid today, he also said he wants to make it “as clear as day” that Spain won’t need a bailout.

Spain’s 10-year borrowing costs have jumped more than 1 percentage point since March 2, when Rajoy announced that the country will miss its 2012 budget-deficit goal approved by the European Union. European Central Bank Executive Board member Benoit Coeure triggered speculation that the bank will revive its bond purchase program to lower Spain’s borrowing costs.

FTSE 100 5,634.74 +39.19 +0.70%, CAC 40 3,237.69 +20.09 +0.62%, DAX 6,674.73 +68.30 +1.03%

Deutsche Bank, Germany’s largest bank, added 2.3 percent to 34.48 euros. Barclays Plc gained 2.8 percent to 212.1 pence. Italian banks gained, with UniCredit, the country’s biggest bank, adding 5.5 percent to 3.21 euros after falling 8.1 percent yesterday. Intesa Sanpaolo SpA also rose 5.5 percent to 1.20 euros. Banca Popolare di Milano Scarl gained 5.9 percent to 34.8 euro cents.

Banco Santander SA, Spain’s largest bank, added 2 percent to 5.30 euros, Banco Bilbao Vizcaya Argentaria SA rose 3.8 percent to 5.60 euros. BBVA was raised to buy from hold at Deutsche Bank.

Preferred shares of Volkswagen added 3 percent to 128.80 euros, after four days of losses. Europe’s largest carmaker said first-quarter auto sales rose 10.5 percent to 1.36 million units. Daimler AG added 1.2 percent to 41.31 euros. Bayerische Motoren Werke AG (BMW), the world’s largest maker of luxury vehicles, gained 2.5 percent to 66.71 euros.

Norsk Hydro, a European aluminum producer, advanced 2.2 percent to 29.95 kroner after Alcoa Inc. (AA), the largest U.S. aluminum producer, reported an unexpected first-quarter profit after orders rose and it closed higher-cost smelting capacity.

Givaudan, the Swiss maker of flavors and fragrances, rose 3.7 percent to 894.50 francs. The company reported improved first-quarter sales as it continued to pass on the higher cost of raw materials including vanilla and citrus oils with increased pricing.

Nokia tumbled 14 percent to 3.27 euros, its lowest level since 1997, after the company cut its profit forecast for its handset division. The first-quarter operating margin for the devices and services business was probably minus 3 percent based on the non-IFRS accounting standard, Espoo, Finland-based Nokia said in a statement today.

The euro strengthened from a seven- week low against the yen as Spain’s bonds climbed after a board member of the European Central Bank indicated it may buy the nation’s debt to reduce borrowing costs. Europe’s shared currency gained versus the dollar after Italy sold 11 billion euros ($14.4 billion) of bills, meeting the target for the auction. The yield on Spain’s 10-year bond fell from the highest since Dec. 12 today. The rate has jumped almost 1 percentage point since March 2, when Prime Minister Mariano Rajoy said the country would miss its 2012 deficit goal approved by the European Union. Italian 10-year yields fell 15 basis points, or 0.158 percentage point, to 5.54 percent after touching 5.73 percent, the highest level since Feb. 16.

The yen weakened against all but one of its 16 most-traded peers amid speculation the Bank of Japan will add to monetary easing later this month.

Britain’s pound strengthened after a report showed U.K. retail sales rose in March. It advanced 0.3 percent to $1.5903, and climbed as much as 0.5 percent, the most since March 30. Retail sales at U.K. stores open at least 12 months, measured by value, gained 1.3 percent from a year earlier, after sliding 0.3 percent in February, the London-based British Retail Consortium said today.

U.S. stocks advanced, snapping a five-day decline for the Standard & Poor’s 500 Index, after Alcoa (AA) Inc. reported an unexpected first-quarter profit.

The S&P 500 yesterday capped its longest losing streak since November as a disappointing jobs report and a surge in Spanish and Italian bond yields fueled concern about global growth. The index has risen 8.9 percent in 2012 amid better- than-estimated economic data and corporate earnings.

Dow 12,829.91     +113.98       +0.90%, Nasdaq      3,021.35       +30.13 +1.01%, S&P 500   1,372.10         +13.51 +0.99%

Alcoa climbed 7.8 percent to $10.04. The earnings were “driven by higher-than-expected profitability from every operating segment,” Brian Yu, an analyst at Citigroup Inc. in San Francisco, said in a note. “Good cost control likely played a major role.” The stock dropped 48 percent in the 12 months through yesterday, the biggest decline in the Dow.

Bank of America (ВАС) advanced 3.5 percent to $8.84.

Homebuilders surged. PulteGroup Inc. (PHM), the largest U.S. homebuilder by revenue, increased 7.7 percent to $8.28. D.R. Horton Inc. climbed 4 percent to $14.61 and Lennar Corp. added 3.9 percent to $25.45.

Owens-Illinois Inc. rose 7.5 percent to $23.66. The biggest maker of glass bottles said first-quarter earnings will rise more than 35 percent from a year earlier on good manufacturing performance and greater-than-planned production rates.

Computer Sciences Corp. fell the most in the S&P 500, sinking 3.6 percent to $27.17. The technology contractor for governments and companies said earnings excluding certain costs in the quarter ended March 30 were 19 cents to 21 cents a share. Analysts predicted 97 cents.

Oil rose after the U.S. Energy Department said that fuel stockpiles declined and as a European Central Bank official signaled the lender may act to stem the spread of the region’s debt crisis.

Futures climbed as much as 1.5 percent after the department reported that gasoline inventories fell 4.28 million barrels last week. Supplies of distillate fuel, a category that includes heating oil and diesel, dropped 4 million barrels. Distillate fuel inventories dropped to 131.9 million barrels, the lowest level since December 2008. Stockpiles were forecast to fall 250,000 barrels, the survey showed. Crude oil inventories rose 2.79 million barrels to 365.2 million, the department said. Supplies were forecast to increase 2 million.

Oil also gained after ECB Executive Board member Benoit Coeure suggested that the bank may restart bond purchases for Spain.

Crude oil for May delivery rose  to $102.75 a barrel on the New York Mercantile Exchange. Brent oil for May settlement decreased 24 cents to $119.64 a barrel on the London-based ICE Futures Europe exchange. The European benchmark contract was at a premium of $17.70 to New York futures. The spread narrowed $1.35 yesterday to $18.86.

The value of gold in the environment has stabilized after rising for four consecutive trading sessions, which was linked to fears of investors about the U.S. economic recovery and worsening debt crisis in the eurozone, according to the auction.

The rising cost of precious metal as a safe asset is started after the publication of which turned out worse than analysts' expectations of statistics on the U.S. labor market last Friday. The data raised investors' concerns about the pace of economic recovery.

Added a weak negative statistics from some countries and euro zone government bond yield growth in Spain and Italy.

So, before it became known that the surplus of current account balance Europe's largest economy - Germany - in February rose to 11.1 billion euros against 10.6 billion euros in February 2011. Nevertheless, the data were worse than analysts' expectations, forecast growth rate to 12 billion euros.

In addition, according to previously published data, the volume of industrial production of Germany in February fell a seasonally adjusted 1.3% in monthly terms and by 1.0% in annual terms.

Gold on COMEX has risen in price due to the eve of its investment purchases. Stock trading in the U.S. April 10, 2012 resulted in the most significant drop in major stock indexes this year. Major U.S. stock indicators before lost an average of 1.7%, and the funds derived from the stock market were aimed at the purchase of gold bullion.

At the same time, investment demand for physical gold on the eve of a little weak.Assets of ETFs SPDR Gold Trust, which is the world's largest holder of gold among investment institutions, 10 April declined by about 400 kg and amounted to 286.2 thousand tons 1 - the lowest rate of approximately one and a half weeks.

Jewellers in India on the eve of a nationwide strike ended, which lasted nearly three weeks. Jewelry Stores in the country once again resumed and will be open until at least May 11. From early April to mid May in India to a series of national holidays, during which the population usually actively buying gold jewelry.

May futures on the COMEX for gold today is kept in the range of $ 1652.6 - $ 1661.5 per ounce.

Resistance 3:1397 (Apr 5 high)

Resistance 2:1383 (Apr 9 high)

Resistance 1:1370/71 (resistance line from Apr 2, Apr 9 loiw)

Current price: 1369,50

Support 1:1359 (session low)

Support 2:1352 (Apr 10 low)

Support 3:1338 (low of March)

EUR/USD $1.3025, $1.3080, $1.3100, $1.3145, $1.3200

USD/JPY Y81.00, Y81.50, Y81.65

EUR/GBP stg0.8260

USD/CHF  Chf0.9140

AUD/USD $1.0250, $1.0300, $1.0425

GBP/USD $1.5900, $1.5800

NZD/USD $0.8280

U.S. stock futures rose after Alcoa (AA) Inc. reported an unexpected first-quarter profit.

Alcoa - the first company in the Dow Jones Industrial Average to report quarterly results. Shares of Alcoa climbed 5.32% $9.82.

Global Stocks:

Nikkei  9,458.74 -79.28 -0.83%

Hang Seng 20,140.67 -215.57 -1.06%

Shanghai Composite 2,308.92 +3.06 +0.13%

FTSE  5,635.75 +40.20 +0.72%

CAC  3,262.79 +45.19 +1.40%

DAX 6,701.21 +94.78 +1.43%

Crude oil $101.34 (+0.32%).

Gold $1659.70 (-0,06%).

EUR/USD
Offers $1.3280, $1.3240/50, $1.3220, $1.3195/200, $1.3155/70
Bids $1.3090, $1.3065/50, $1.3035/30, $1.3020,  $1.3005/00, $1.2980/70

GBP/USD
Offers $1.6000/10, $1.5980/85, $1.5960/65, $1.5950
Bids $1.5885/80, $1.5810/00

USD/JPY
Offers Y81.85/90, Y81.60/65, Y81.25/30, Y80.90/95
Bids Y80.50, Y80.30/25, Y80.10/00, Y79.80/75

EUR/GBP
Offers stg0.8320/25, stg0.8300, stg0.8275/80
Bids stg0.8235/30, stg0.8225/20, stg0.8200, stg0.8180/75

AUD/USD
Offers $1.0460/70, $1.0425/30, $1.0380/00, $1.0355/60, $1.0330/35
Bids $1.0255/45, $1.0225, $1.0200, $1.0150

EUR/JPY
Offers Y107.45/50, Y107.15/20, Y106.95/00, Y106.75/80, Y106.50/55
Bids Y105.50/40, Y104.75/70, Y104.50

Resistance 3: Y81.90 (Apr 10 high, МА (200) for Н1)
Resistance 2: Y81.20 (Apr 9 low)
Resistance 1: Y81.00 (session high, resistance line from Apr 6)
Current price: Y80.97
Support 1: Y80.60 (session low, low of March)
Support 1: Y80.20 (Feb 29 low)
Support 3: Y80.00 (Feb 28 low)

Resistance 3: Chf0.9250 (Mar 16 high)
Resistance 2: Chf0.9210/20 (area of Apr 5, 9-10 highs)
Resistance 1: Chf0.9180 (intraday high)
Сurrent price: Chf0.9141
Support 1: Chf0.9120 (МА (200) for Н1)
Support 2: Chf0.9110 (50,0 % FIBO Chf0,9000-Chf0,9220)
Support 3: Chf0.9090 (61,8 %% FIBO Chf0,9000-Chf0,9220)

Resistance 3 : $1.6060 (Apr 2 high)
Resistance 3 : $1.5960 (61,8 % FIBO $1,6060-$ 1,5800)
Resistance 1 : $1.5930/40 (session high, 50,0 % FIBO $1,6060-$ 1,5800)
Current price: $1.5926
Support 1 : $1.5800 (intraday low)
Support 2 : $1.5850 (session low)
Support 3 : $1.5810/00 (Mar 26, Apr 5 and 10 lows, support line from Jan 13)

Resistance 3 : $1.3220 (area МА (200) for Н4)
Resistance 2 : $1.3180 (area МА (200) for Н1)
Resistance 1 : $1.3150/50 (area of session high and Apr 10 high)
Current price: $1.3143
Support 1 : $1.3070 (session low, support line from Apr 9)
Support 2 : $1.3030 (Apr 5 and 9 lows)
Support 3 : $1.3000 (low of March)

EUR/USD $1.3025, $1.3080, $1.3100, $1.3145, $1.3200

USD/JPY Y81.00, Y81.50, Y81.65

EUR/GBP stg0.8260

USD/CHF  Chf0.9140

AUD/USD $1.0250, $1.0300, $1.0425

GBP/USD $1.5900, $1.5800

NZD/USD $0.8280

Asian stocks slipped, with the benchmark index headed for its longest losing streak since August, as Spanish bond yields surged closer to levels that prompted other European countries to seek bailouts.

Nikkei 225 9,458.74 -79.28 -0.83%

Hang Seng 20,121.71 -234.53 -1.15%

S&P/ASX 200 4,246.13 -46.14 -1.07%

Shanghai Composite 2,308.92 +3.06 +0.13%

Esprit Holdings Ltd., a clothier that depends on Europe for about 80 percent of sales, fell 3.1 percent in Hong Kong.

China Shipping Development Co. slumped 8.6 percent after the commodities carrier said it may post a first-quarter loss on lower cargo rates.

Sony Corp. and Sharp Corp., Japan’s biggest makers of liquid-crystal-display televisions, dropped more than 3 percent after posting record losses amid declining TV sales and a stronger yen.

00:30 Australia Westpac Consumer Confidence April 96.1 94.5

01:30 Australia Home Loans February -1.2% -3.7% -2.5%

05:00 Japan BoJ monthly economic report April

The euro traded 0.4 percent from a three-week low against the greenback after a jump in Italian borrowing costs stoked concern that Europe’s debt crisis is worsening. The 17-nation currency earlier touched the least in seven weeks versus the yen before Italy sells 11 billion euros ($14.4 billion) of bills today and longer-term debt tomorrow. Ten-year yields in Italy, Europe’s third-biggest economy, rose 23 basis points to 5.69 percent yesterday, the highest level since Feb. 17 and the biggest increase since Dec. 19. The nation will sell as much as 3 billion euros of 91-day bills and 8 billion euros of 361-day bills today, followed by auctions tomorrow of debt due in 2015, 2020 and 2023. Spain’s 10-year yields touched 5.99 percent yesterday, the most since Dec. 12. Economy Minister Luis de Guindos declined to rule out a rescue for Spain and central bank Governor Miguel Angel Fernandez Ordonez said the nation’s lenders may need additional capital if the economy weakens more than expected.

The Australian and New Zealand dollars rallied as Standard and Poor’s 500 Index futures advanced, signaling the underlying gauge may halt a five-day drop, supporting demand for riskier assets.

New Zealand’s dollar rebounded from a one-month low against the yen after data showed business confidence improved in the first quarter, adding to signs the country’s economy remains resilient. In New Zealand, a net 13 percent of 797 companies surveyed expect the economy will improve over the next six months, from zero percent in the fourth-quarter survey, the New Zealand Institute of Economic Research Inc. said today in Wellington. The net figure subtracts the proportion of pessimists from optimists.

The Australian dollar’s 14-day relative strength index versus the yen yesterday touched the 30 level that some traders see as signaling an asset may reverse direction.

EUR/USD: during the Asian session the pair gain to $1.3100.

GBP/USD: during the Asian session the pair gain to $1.5900.

USD/JPY: during the Asian session the pair restored after yesterday's falling.

US data starts at 1230GMT, the US Import Price Index data is due. Both the weekly EIA crude oil and gas stocks data are due at 1430GMT. Also at 1430GMT, Boston Fed President Eric Rosengren will speak at the Atlanta Fed's Financial Markets Conference, chairing a discussion of Money Market Mutual Funds, in Stone Mountain. The US 10-year auction is due at 1700GMT, while at 1800GMT both  the latest FOMC Beige Book survey and also the Treasury Dept Monthly Budget Statement are due. Later on, at 2330GMT, Federal Reserve Vice Chair Janet Yellen speaks to the New York University Money Marketeers on "The Economic Outlook and Monetary Policy".

Yesterday the yen rose for a fifth day versus the dollar and the euro after Federal Reserve Chairman Ben S. Bernanke said the U.S. recovery is far from complete, spurring demand for haven amid bets the central bank will add stimulus. The Japanese currency advanced against all of its 16 most- traded peers after the Bank of Japan refrained from easing monetary policy. The Bank of Japan kept its key rate between zero and 0.1 percent and left unchanged its 30 trillion-yen ($370 billion) asset-purchase fund. No board member proposed additional easing at the two-day meeting concluded, the central bank said. The yen has weakened 4.2 percent against the dollar since the Bank of Japan set a 1 percent inflation goal on Feb. 14 and increased its planned purchases of government bonds.

The euro fell to the lowest level in a month against the yen before Italy auctions bonds this week amid concern the region’s debt crisis is spreading. Italy will sell 11 billion euros ($14.4 billion) of bills, followed by an offering of debt due from 2015 to 2023. Spain’s 10-year yields jumped more than 40 basis points last week, the biggest surge since the five days ended Jan. 6, as Prime Minister Mariano Rajoy said the nation is in “extreme difficulty.” Spanish banks may need additional capital if the economy weakens more than expected, Bank of Spain Governor Miguel Angel Fernandez Ordonez said at a conference in Madrid as he warned the recovery will be slow. Spanish lenders have made provisions of 112 billion euros in the four years through 2011, and that figure will rise to 147 billion euros once tighter rules approved in February have been implemented, Ordonez said. If the economy recovers, that will be “more than enough,” he said.

EUR/USD: yesterday the pair decreased, traded below $1.3100.

GBP/USD: yesterday the pair fell to a low of the last week, however was restored later.

USD/JPY: yesterday the pair fell to a figure, below Y81.00.

US data starts at 1230GMT, the US Import Price Index data is due. Both the weekly EIA crude oil and gas stocks data are due at 1430GMT. Also at 1430GMT, Boston Fed President Eric Rosengren will speak at the Atlanta Fed's Financial Markets Conference, chairing a discussion of Money Market Mutual Funds, in Stone Mountain. The US 10-year auction is due at 1700GMT, while at 1800GMT both  the latest FOMC Beige Book survey and also the Treasury Dept Monthly Budget Statement are due. Later on, at 2330GMT, Federal Reserve Vice Chair Janet Yellen speaks to the New York University Money Marketeers on "The Economic Outlook and Monetary Policy".

Asian stocks slipped, with the region’s benchmark dropping for a fifth day as markets opened from a holiday, after the Bank of Japan didn’t add to monetary stimulus and China reported an unexpected trade surplus.

Nikkei 225 9,538.02 -8.24 -0.09%

Hang Seng 20,356.24 -236.76 -1.15%

S&P/ASX 200 4,292.26 -27.58 -0.64%

Shanghai Composite 2,305.86 +20.09 +0.88%

Sony Corp., which yesterday said it will cut 10,000 jobs, extended declines as the yen rose after the Bank of Japan’s decision to leave its stimulus measures unchanged.

China Resources Land Ltd. and other mainland developers dropped after better-than-expected Chinese exports and a report yesterday that inflation accelerated gave policy makers less room to ease monetary policy.

BHP Billiton Ltd., the world’s biggest miner, dropped 0.6 percent after crude prices fell.

Resistance 3: Y82.55 (Apr 6 high)

Resistance 2: Y81.85 (Apr 10 high)

Resistance 1: Y81.20 (Apr 9 low)

The current price: Y80.72

Support 1: Y80.60 (Apr 10 low)

Support 2: Y80.00 (Feb 28 low)

Support 3: Y79.35 (Feb 20 low)

Resistance 3: Chf0.9255 (Mar 16 high)

Resistance 2: Chf0.9220 (Apr 5 high)

Resistance 1: Chf0.9195 (session high)

The current price: Chf0.9176

Support 1: Chf0.9140 (Apr 5-10 low)

Support 2: Chf0.9095 (Apr 4 low)

Support 3: Chf0.9070 (Apr 2 high)

Resistance 3 : $1.6045 (Apr 3 high)

Resistance 2 : $1.5975 (high of the American session on Apr 3)

Resistance 1 : $1.5930 (Apr 10 high)

The current price: $1.5877

Support 1 : $1.5850 (session low)

Support 2 : $1.5805 (Apr 5-10 low)

Support 3 : $1.5770 (Mar 22 low)

Resistance 3 : $1.3210 (high of the European session on Apr 4)

Resistance 2 : $1.3165 (Apr 5 high)

Resistance 1 : $1.3135 (Apr 9 high)

The current price: $1.3090

Support 1 : $1.3065 (session low)

Support 2 : $1.3030 (Apr 9 low)

Support 3 : $1.3000 (psychological level)

Change % Change Last

Oil $101.28 +0.26 +0.26%

Gold $1,663.10 +2.40 +0.14%

Change % Change Last

Nikkei 225 9,538.02 -8.24 -0.09%

Hang Seng 20,356.24 -236.76 -1.15%

S&P/ASX 200 4,292.26 -27.58 -0.64%

Shanghai Composite 2,305.86 +20.09 +0.88%

FTSE 100 5,595.55 -128.12 -2.24%

CAC 40 3,217.6 -102.21 -3.08%

DAX 6,606.43 -168.83 -2.49%

Dow 12,715.93 -213.66 -1.65%

Nasdaq 2,991.22 -55.86 -1.83%

S&P 500 1,358.59 -23.61 -1.71%

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,3081 -0,21%

GBP/USD $1,5859 -0,23%

USD/CHF Chf0,9185 +0,21%

USD/JPY Y80,72 -1,04%

EUR/JPY Y105,60 -1,24%

GBP/JPY Y128,02 -1,26%

AUD/USD $1,0254 -0,53%

NZD/USD $0,8156 -0,72%

USD/CAD C$1,0041 +0,72%

00:30 Australia Westpac Consumer Confidence April 96.1

01:30 Australia Home Loans February -1.2% -3.7%

05:00 Japan BoJ monthly economic report April

12:15 Canada Housing Starts March 201 202

12:30 U.S. Import Price Index March +0.4% +0.8%

14:30 U.S. EIA Crude Oil Stocks change 06.04.2012 +9.0

18:00 U.S. Federal budget March -231.7 -207.5

18:00 U.S. Fed's Beige Book -

21:30 U.S. FOMC Member Yellen