Новини ринків

European stocks rose as German business confidence unexpectedly gained and U.S. companies from General Electric Co. to Schlumberger Ltd. reported earnings that beat estimates, offsetting higher yields on Spanish bonds.

In Germany, a report showed that business confidence unexpectedly rose to a nine-month high in April. The Ifo institute’s business climate index, based on a survey of 7,000 executives, increased to 109.9 from 109.8 in March. Economists had forecast a drop to 109.5, according to the median of 40 economists.

IMF Managing Director Christine Lagarde is seeking more than $400 billion in new reserves to increase a lending capacity of about $380 billion and this week won promises of support from Japan to Denmark.

FTSE 100 5,772.15 +27.60 +0.48%, CAC 40 3,188.58 +14.56 +0.46%, DAX 6,750.12 +78.90 +1.18%

A gauge of European banks was among the best performers of the 19 industry groups in the Stoxx 600. Deutsche Bank AG and Commerzbank AG, Germany’s largest lenders, gained 2 percent to 34.56 euros, and 2 percent to 1.63 euros, respectively.

BNP Paribas, France’s largest bank, gained 3.7 percent to 29.60 euros after Bank of America Corp. raised the stock to neutral, the equivalent of hold, from underperform. Societe Generale SA, the country’s second-biggest, also added 3.6 percent to 17.33 euros. It was upgraded to buy from neutral.

William Hill increased 4.4 percent to 278.5 pence, its highest price since May 2008. First-quarter net revenue jumped 12 percent from a year earlier, adding it remains “confident” in its expectations for the full year.

Home Retail Group Plc advanced 4.2 percent to 103.8 pence as U.K. retail sales rose more than forecast last month. Marks & Spencer Group Plc (MKS) gained 1.6 percent to 361.3 pence.

Waertsilae Oyj, the world’s biggest maker of ship motors and power plants, rose 3.1 percent to 28.90 euros as its service business reached record sales in the first quarter.

A gauge of technology shares was the worst-performing group in the Stoxx 600. Infineon Technologies AG lost 1 percent to 7.60 euros and Alcatel-Lucent retreated 1.7 percent to 1.42 euros. Logitech International SA, the world’s largest maker of computer mice, dropped 1.8 percent to 7.21 Swiss francs.

The euro touched its strongest level in two weeks versus the dollar after German business confidence unexpectedly increased to a nine-month high, fueling investor appetite for risk. The Munich-based Ifo institute said today its business climate index, based on a survey of 7,000 executives, rose to 109.9 this month from 109.8 in March. The 17-nation currency gained for a fourth day versus the yen amid bets the International Monetary Fund will increase its lending capacity to help keep Europe’s debt crisis contained. Governments are leaning toward committing more than $400 billion in fresh funding for the IMF to help it protect the world economy against more fiscal turmoil in Europe. The U.K., Australia and Singapore joined Japan, Denmark and Switzerland among the countries to rally this week to Managing Director Lagarde’s call for capacity beyond the current $380 billion. She told reporters she expected the IMF’s firepower to be “significantly” increased.

The yen touched its weakest level since April 10 versus the dollar, 81.78, on speculation the Bank of Japan will add to monetary easing at its next meeting on April 27. Bank Governor Masaaki Shirakawa said in a speech in Washington this week the nation still needs monetary stimulus. The BOJ set a 1 percent inflation goal on Feb. 14 and increased the size of its program to buy government debt. Deputy Governor Kiyohiko Nishimura said two days ago the central bank is ready to implement additional easing if necessary.

The pound gained for a fifth day against the dollar after retail sales climbed. Sterling was poised for its biggest weekly gain versus the dollar in 11 months after U.K. retail sales climbed more than forecast in March. Sales including auto fuel gained 1.8 percent, compared with February, when they declined 0.8 percent, the Office for National Statistics said today in London.

• 
  

  • Recovery will be moderate, downside risks remain;

  • We are concerned about rising oil prices and if necessary take action;

  • IMF resources are available to all participants;

  • High volatility means the pressure on European markets.

U.S. stocks rose, snapping a two- day decline for the Standard & Poor’s 500 Index, as profits from companies including Microsoft (MSFT) Corp. and General Electric Co. (GE) beat estimates and German business confidence improved.

A report today showed German business confidence unexpectedly increased for a sixth month in April, adding to evidence that Europe’s largest economy can weather the sovereign-debt crisis.

The Group of 20 will announce new funding for the International Monetary Fund’s European reserves that will “satisfy” requests from Managing Director Christine Lagarde, Russian Deputy Finance Minister Sergei Storchak said. Lagarde, who has called Europe the “epicenter” of risks to the world economy, is seeking more than $400 billion in new funding from member countries.

Dow 13,066.69     +102.59       +0.79%, Nasdaq      3,022.51       +14.95 +0.50%, S&P 500   1,385.05         +8.13   +0.59%

Microsoft (MSFT) rose 5.4 percent to $32.70. The Redmond, Washington-based company reported net income of 60 cents a share, exceeding the 57-cent average estimate of analysts amid better-than-expected sales of Windows and Office software for businesses.

General Electric (GE) rose 1.9 percent to $19.50. The maker of aircraft engines and provider of financial services beat analysts’ earnings estimates as profit gains at its energy business, its largest industrial division, outpaced finance for the first time in two years.

Schlumberger gained 4.3 percent to $72.82. The world’s largest oilfield-services provider said first-quarter profit rose 38 percent as the number of U.S. rigs drilling for oil reached a record.

Advanced Micro Devices Inc. climbed 1.1 percent to $8.06. The second-largest maker of processors for personal computers said second-quarter sales will grow about 3 percent from the first three months. That indicates revenue of about $1.63 billion, compared with the $1.59 billion average analyst estimate.

McDonald’s Corp. (MCD) added 2.1 percent to $97.25. The world’s largest restaurant chain reported a 4.8 percent gain in first- quarter profit as new menu items such as Chicken McBites attracted U.S. consumers.

SanDisk, which makes memory chips used in mobile devices, declined 13 percent, the most in the S&P 500, to $35.01 after giving a second-quarter sales forecast that fell short of some analysts’ estimates. Chip production at SanDisk and its rivals is outpacing demand, causing prices to fall, Chief Executive Officer Sanjay Mehrotra said on a conference call with analysts yesterday. Some of the company’s customers also ordered fewer chips for mobile phones than SanDisk had predicted, he said.

Board member of the European Central Bank Klaas Knot told the media about his belief that the International Monetary Fund will achieve its goal to increase the financial resources to at least $ 350 billion Knot This suggests that the IMF will in general difficulty to obtain guarantees for the provision of $ 400 billion to $ 500 billion.

Oil rose for the first time in three days in New York, erasing this week’s decline, after German business confidence unexpectedly increased.

Futures gained as much as 1.1 percent after the Munich- based Ifo institute said today its business climate index, based on a survey of 7,000 executives, rose to 109.9 from 109.8 in March. Economists forecast a drop to 109.5, according to the median of 40 economists.

Negotiators from Iran, the five permanent members of the United Nations Security Council and Germany will meet in Baghdad on May 23 to discuss the Persian Gulf nation’s alleged efforts to develop nuclear weapons, a claim it denies. The parties met in Istanbul on April 14 for the first talks in 15 months.

Iranian Oil Minister Rostam Qasemi said yesterday that he hoped for “good news” from the meeting, according to Shana, an oil ministry news website. Further European Union sanctions will affect global energy-supply security and crude prices, he said. The EU plans to put sanctions on Iran’s energy industry into effect July 1.

Crude for May delivery rose to $104.27 a barrel in electronic trading on the New York Mercantile Exchange. It fell to $102.27 yesterday, the lowest close since April 10. The May contract, which expires today, is up 0.5 percent this week. The more-actively traded June future rose $1.02 to $103.74 a barrel.

Brent oil for June settlement was at $118.98 a barrel, up 98 cents, on the London-based ICE Futures Europe exchange. The European benchmark contract’s premium to West Texas Intermediate was at $15.24, compared with $15.28 yesterday.

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  • Inflation expectations remain restrained

  • Spain and its banking system is no need of help

  • Do not see the need for a third three-year operation LTRO

  • There is no reason to resume purchases of bonds

  • The ECB forecasts on economic growth remain unchanged

Gold prices are kept within the range in the absence of major macroeconomic data from the U.S.

Prices reduced demand puts pressure on the physical market in India in recent weeks. Demand in India - the world's largest consumer of gold - is low because of rising prices and the weakening of the rupiah, having fallen to a three-month low against the dollar.

Some easing of tensions on the debt problems of Europe was caused by good statistics from Germany. The euro rose after better-than-expected business climate index in Germany, but investors cautious pending the outcome of the meetings of the IMF and World Bank meetings this weekend, and the U.S. Federal Reserve next week.

May futures on the COMEX for gold today is trading in the range of $ 1638.8 - $ 1647.0 per ounce.

Resistance 3:1420 (4 years high)

Resistance 2:1397 (Apr 5 high)

Resistance 1:1388 (Apr 13, 17 and 19 highs)

Current price: 1378,50

Support 1:1370 (area of session low)

Support 2:1358/60 (area of Apr 16-17 lows and support line from Mar 6)

Support 3:1352 (Apr 10 low)

EUR/USD $1.2970, $1.3000, $1.3100, $1.3200, $1.2950  

USD/JPY Y80.50, Y81.00, Y81.50

USD/CHF Chf0.9150, Chf0.9250

GBP/USD $1.6000

EUR/JPY Y106.00

AUD/USD $1.0300, $1.0325, $1.0335

EUR/GBP stg0.8200

NZD/USD $0.8190

U.S. stock-index futures rose as Microsoft Corp. and General Electric Co. (GE) reported earnings that beat estimates.

Global Stocks:

Nikkei  9,561.36 -27.02 -0.28%

Hang Seng 21,010.64 +15.63 +0.07%

Shanghai Composite 2,406.86 +28.23 +1.19%

FTSE  5,766.78 +22.23 +0.39%

CAC  3,176.9 +2.88 +0.09%

DAX 6,720.16 +48.94 +0.73%

Crude oil: $103.89 (+1.58%).

Gold: $1642.70 (+0.08%).

General Electric (GE): Q1 EPS of $0.34 vs cons $0.33. Revenue of $35.2B (-8% Y/Y). Shares +1.36% premarket.

McDonald's (MCD): Q1 EPS of $1.23, in-line. Revenue of $6.55B (+7% Y/Y). Shares +1.91% premarket.

Data:
06:00 Germany Producer Price Index (MoM) March +0.4% +0.5% +0.6%
06:00 Germany Producer Price Index (YoY) March +3.2% +3.1% +3.3%
08:00 Germany IFO - Business Climate April 109.8 109.6 109.9
08:00 Germany IFO - Current Assessment April 117.4 117.0 117.5
08:00 Germany IFO - Expectations April 102.7 102.3 102.7
08:30 United Kingdom Retail Sales (MoM) March -0.8% +0.4% +1.8%
08:30 United Kingdom Retail Sales (YoY) March +1.0% +1.5% +3.3%

The shared currency rose amid speculation Group of 20 officials meeting with the International Monetary Fund today will step up efforts to quell Europe’s debt crisis.
The Munich-based Ifo institute said today its business climate index, based on a survey of 7,000 executives, rose to 109.9 from 109.8 in March. Economists forecast a drop to 109.5, according to the median estimate of economists.
The pound was bound for its biggest weekly gain versus the dollar since January after U.K. retail sales rose at the fastest pace in more than a year, beating economist estimates.
The U.K. currency was set to strengthen this week against all but one of its major peers tracked by Bloomberg as a report showed sales including auto fuel gained 1.8 percent in March from the previous month, when they fell 0.8 percent, the Office for National Statistics said in London. The median forecast of economists in a survey was for a 0.5 percent gain.

EUR/USD: the pair grown, showed high above $1,3200.

GBP/USD: the pair grown in $1.6100 area.

USD/JPY: the pair grown in Y81,70 area.

EUR/USD
Offers $1.3280, $1.3230/50, $1.3220
Bids $1.3085/80, $1.3050, $1.3120/00, $1.3075/40, $1.3020, $1.3000/990

GBP/USD
Offers $1.6220/25, $1.6200, $1.6175, $1.6150, $1.6120/30
Bids $1.6085/80, $1.6065/60, $1.6010/00

USD/JPY
Offers Y82.50/60, Y82.30/35, Y81.90/00
Bids Y81.50, Y81.00, Y80.75/70, Y80.55/50, Y80.30

AUD/USD
Offers $1.0460/65, $1.0450/55, $1.0430/35, $1.0400, $1.0370/90
Bids $1.0300, $1.0275/70, $1.0255/50, $1.0225

EUR/JPY
Offers Y109.50/55, Y109.20/25, Y108.60/65, Y108.35/40
Bids Y107.45/40, Y107.00, Y106.85/80, Y106.55/50, Y106.20/10

Resistance 3: Y82.55 (Apr 6 high)
Resistance 2: Y82.15 (МА (200) for Н4)
Resistance 1: Y81.90 (Apr 10 high)
Current price: Y81.73
Support 1: Y81.50 (area of session low)
Support 2: Y81.00 (МА (200) for Н1)
Support 3: Y80.30/20 (area of Feb 29, Apr 16-17 lows)

Resistance 3: Chf0.9210 (Apr 18 high)
Resistance 2: Chf0.9160 (МА (200) for Н1)
Resistance 1: Chf0.9120/30 (earlier support, area of Apr 17 and 19 lows)
Current price: Chf0.9111
Support 1: Chf0.9090 (Apr 12 low)
Support 2: Chf0.9000 (area of April and March lows, psychological level)
Support 3: Chf0.8930 (low of February)

Resistance 3 : $1.3390 (highs of April and March)
Resistance 2 : $1.3250 (Mar 29 low)
Resistance 1 : $1.3210 (Apr 12 high)
Current price: $1.3192
Support 1 : $1.3170 (earlier resistance, Apr 17 and 19 highs)
Support 2 : $1.3120 (МА (200) for Н1, support line from Apr 16)
Support 3 : $1.3060 (Apr 18 low)

EUR/USD $1.2970, $1.3000, $1.3100, $1.3200, $1.2950  

USD/JPY Y80.50, Y81.00, Y81.50

USD/CHF Chf0.9150, Chf0.9250

GBP/USD $1.6000

EUR/JPY Y106.00

AUD/USD $1.0300, $1.0325, $1.0335

EUR/GBP stg0.8200

NZD/USD $0.8190

Asian stocks fell for the fourth day this week, as the Group of 20 nations warned Europe’s debt crisis still threatens global growth, and as U.S. economic data signaled the recovery in the world’s largest economy is slowing.

Nikkei 225 9,561.36 -27.02 -0.28%

Hang Seng 20,982.61 -12.40 -0.06%

S&P/ASX 200 4,366.5 +3.77 +0.09%

Shanghai Composite 2,406.86 +28.23 +1.19%

Esprit Holdings Ltd., a clothier that depends on Europe for about 80 percent of its sales, fell 1 percent in Hong Kong.

James Hardie Industries SE, an Australian supplier of building materials that gets more than half of its sales from the U.S., slid 1.1 percent in Sydney.

LG Chem Ltd. sank 9.2 percent in Seoul after the chemical maker’s profit slumped.

JFE Holdings, Inc., the No. 2 Japanese steelmaker, slid 3.3 percent in Tokyo after a report it may increase borrowing for investment.

01:30 Australia Import Price Index, q/q Quarter I +2.5% 0.0% -1.2%

01:30 Australia Export Price Index, q/q Quarter I -1.5% -3.0% -7.0%

The yen was set to decline against most of its 16 major counterparts this week on prospects the Bank of Japan will add to monetary easing at its next meeting on April 27 to achieve its inflation goal. The currency was 0.2 percent from its lowest level in a week versus the dollar after BOJ Governor Masaaki Shirakawa said in a speech in Washington that Japan still needs monetary stimulus.

The euro was near a 20-month low against the British pound before data today that may show Germany’s business confidence fell this month. Meetings hosted by the International Monetary Fund start today in Washington, where Group of 20 officials are gathering to discuss Europe’s debt crisis.

German business confidence probably declined for the first time in six months in April as the resurgent sovereign debt crisis threatens to curb growth. The Ifo institute’s business climate index, based on a survey of 7,000 executives, will drop to 109.5 from 109.8 in March, according to the median forecast of 40 economists in a Bloomberg News survey.

Europe’s largest economy contracted in the final quarter of last year as spending cuts across the euro region, its largest export market, damped demand for its goods.

New Zealand’s dollar traded within 0.2 percent of a one- week low as Asian stocks extended a decline in global shares. Demand for the so-called Aussie was also limited after a report today showed export prices in the first three months of the year fell for a second quarter. Australia’s export price index dropped 7 percent from the fourth quarter, when it declined 1.5 percent, the statistics bureau said today.

EUR/USD: during the Asian session the pair traded in a range $1.3125-$1.3155.

GBP/USD: during the Asian session the pair traded in a range $1.6035-$1.6060.

USD/JPY: during the Asian session the pair receded from yesterday's high.

European data starts at 0600GMT Friday with Germany PPI. Then at 0800GMT by the German IFO business survey. UK data at 0830GMT sees Retail Sales for March, which are expected to bounce 0.4% m/m, 1.4% y/y (1.3% y/y ex-fuel). On the upside, the British Retail Consortium reported that the warm weather boosted sales  of spring clothing ranges in March. US data is limited to the 1400GMT release of BLS state unemployment data.

Yesterday the yen fell against most of its major counterparts as Bank of Japan officials signaled they’ll keep acting to stem its strength to spur economic growth. The Bank of Japan is “committed” to monetary easing, Governor Masaaki Shirakawa said yesterday in a speech in New York. Deputy Governor Kiyohiko Nishimura said the central bank is ready to implement additional easing if necessary. Japan had a trade deficit of 82.6 billion yen ($1 billion) in March, versus a revised surplus of 29.4 billion yen in the previous month, data showed. The prediction was for a 223.2 billion-yen shortfall.

Europe’s shared currency fluctuated versus the dollar after yields on Spanish 10-year benchmark bonds and French five-year debt increased at auctions. Spain sold 2.54 billion euros ($3.33 billion) of two- and 10-year securities and France raised 10.5 billion euros in debt out of an 11 billion-euro goal. The yield on the 10-year Spanish note was 5.743 percent, compared with 5.403 percent when it was last sold in January. France’s five-year notes yielded 1.83 percent, up from 1.78 percent on March 15.

EUR/USD: yesterday in first half of day the pair decreased, however could will be restored later.

GBP/USD: yesterday the pair gain, traded nearby $1.6050.

USD/JPY: yesterday the pair rose updated a week’s high.

European data starts at 0600GMT Friday with Germany PPI. Then at 0800GMT by the German IFO business survey. UK data at 0830GMT sees Retail Sales for March, which are expected to bounce 0.4% m/m, 1.4% y/y (1.3% y/y ex-fuel). On the upside, the British Retail Consortium reported that the warm weather boosted sales  of spring clothing ranges in March. US data is limited to the 1400GMT release of BLS state unemployment data.

Most Asian stocks fell as bad loans held by Spanish banks surged ahead of European bond sales today, damping investor confidence. Losses were limited amid speculation China will ease its monetary policy to spur growth.

Nikkei 225 9,588.38 -78.88 -0.82%

Hang Seng 20,962.95 +182.22 +0.88%

S&P/ASX 200 4,362.73 +14.07 +0.32%

Shanghai Composite 2,378.63 -2.21 -0.09%

Esprit Holdings Ltd., a clothier that depends on Europe for about 80 percent of its sales, declined 3.3 percent in Hong Kong.

Nippon Sheet Glass Co. headed for its lowest close since 1976 in Tokyo after Chief Executive Officer Craig Naylor quit over a disagreement with the Japanese company’s board.

OCI Co. fell 2.2 percent in Seoul after operating profit at the chemicals maker declined.

Wynn Macau Ltd. gained 3.4 percent in Hong Kong after a report the casino operator may sign a land contract to build a second resort in Macau.

Resistance 3: Y83.00 (Apr 3 high)

Resistance 2: Y82.55 (Apr 6 high)

Resistance 1: Y81.85 (Apr 10 high)

The current price: Y81.63

Support 1: Y81.15 (Apr 19 low)

Support 2: Y80.85 (Apr 18 low)

Support 3: Y80.30 (Apr 16 low)

Resistance 3: Chf0.9250 (Apr 16 high)

Resistance 2: Chf0.9195/10 (area of Apr 18-19 highs)

Resistance 1: Chf0.9155 (session high)

The current price: Chf0.9143

Support 1: Chf0.9120/25 (area of Apr 17-19 lows)

Support 2: Chf0.9090 (Apr 12 low)

Support 3: Chf0.9070 (Apr 2 low)

Resistance 3 : $1.6165 (Oct 31 high)

Resistance 2 : $1.6130 (Nov 8 high)

Resistance 1 : $1.6075 (Apr 19 high)

The current price: $1.6060

Support 1 : $1.6005 (Apr 19 low)

Support 2 : $1.5960/70 (area of Apr 13-17 highs)

Support 3 : $1.5910 (Apr 16 high)

Resistance 3 : $1.3240 (Apr 4 high)

Resistance 2 : $1.3215 (Apr 12 high)

Resistance 1 : $1.3165/75 (area of Apr 17-19 highs)

The current price: $1.3143

Support 1 : $1.3125 (session low)

Support 2 : $1.3055/65 (area of Apr 18-19 lows)

Support 3 : $1.3030 (Apr 9 low)

Change % Change Last

Oil $102.51 +0.24 +0.23%

Gold $1,643.20 +1.80 +0.11%

Change % Change Last

Nikkei 225 9,588.38 -78.88 -0.82%

Hang Seng 20,962.95 +182.22 +0.88%

S&P/ASX 200 4,362.73 +14.07 +0.32%

Shanghai Composite 2,378.63 -2.21 -0.09%

FTSE 100 5,744.55 -0.74 -0.01%

CAC 40 3,174.02 -66.27 -2.05%

DAX 6,671.22 -60.81 -0.90%

Dow 12,964.10 -68.65 -0.53%

Nasdaq 3,007.56 -23.89 -0.79%

S&P 500 1,376.92 -8.22 -0.59%

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

EUR/USD $1,3118 -0,12%

GBP/USD $1,6016 -0,22%

USD/CHF Chf0,9160 +0,11%

USD/JPY Y81,28 -0,39%

EUR/JPY Y106,62 -0,53%

GBP/JPY Y130,17 -0,62%

AUD/USD $1,0355 +0,21%

NZD/USD $0,8156 +0,16%

USD/CAD C$0,9910 -0,39%

01:30 Australia Import Price Index, q/q Quarter I +2.5% 0.0%

01:30 Australia Export Price Index, q/q Quarter I -1.5% -3.0%

06:00 Germany Producer Price Index (MoM) March +0.4% +0.5%

06:00 Germany Producer Price Index (YoY) March +3.2% +3.1%

08:00 Germany IFO - Business Climate April 109.8 109.6

08:00 Germany IFO - Current Assessment April 117.4 117.0

08:00 Germany IFO - Expectations April 102.7 102.3

08:30 United Kingdom Retail Sales (MoM) March -0.8% +0.4%

08:30 United Kingdom Retail Sales (YoY) March +1.0% +1.5%

12:30 Canada Consumer Price Index m / m March +0.4% +0.5%

12:30 Canada Consumer price index, y/y March +2.6% +2.1%

12:30 Canada Bank of Canada Consumer Price Index Core, m/m March +0.4% +0.3%

12:30 Canada Bank of Canada Consumer Price Index Core, y/y March +2.3% +1.9%

12:30 Canada Leading Indicators, m/m March +0.6% +0.4%