At the close of the Dow Jones Industrial rose by 0.04 per cent., To 17,830.87 points.
S & amp; P 500 lost 0.03 percent. and amounted to 2058.20 points.
Nasdaq Comp. fell by 0.20 per cent. and amounted to 4726.81 points.
“The beginning of the year in the markets is positive. We have a technical rebound after several weak sessions. Market gains even though they were weak PMI data from Europe and China, “- said Peter Cardillo, chief economist at Rockwell Global Capital.
“This is what happens at the first session of the year can set the tone for trading for the whole month. I expect that we will see + + January effect, the market should grow, and the best deal should himself small and medium-sized companies, “- he said.
The S & amp; P 500 ended 2014. an increase of 11 percent. and within a year up to 53 times the historical records corrected closing prices. Were weaker on Wall Street but the last two sessions in the past year that have worked index down more than 1.5 percent.
Before the session, investors know the readings of PMI indices in the euro area and industry in China. PMI in the manufacturing sector in China amounted to 50.1 points in December. to 50.3 points. a month earlier. Analysts estimated the PMI to 50.0 points.
PMI in the euro zone manufacturing sector stood at December 50 , 6 points. to 50.1 points. at the end of the previous month – given the final calculation. Pre estimated 50.8 points.
Weaker than expected turned out to be also data from the US industry. Rate ISM American industry fell in December to 55.5 points. with 58.7 points. in the previous month. Analysts had expected the index at 57.5 points.
PMI in the US manufacturing sector rose in December 53.9 points. to 54.8 points. a month earlier. Analysts expected in December at 54.0 index points.
On Friday, the euro weakened against the dollar. EUR / USD rate was during the session close to the level of 1.2 – the European currency is the same as the weakest of the four and a half years. The weakening of the euro is the result of the interview with the president of the European Central Bank, Mario Draghi, the German newspaper “Handelsblatt”.
Draghi said in it that in the euro area, there is a danger of entry into a deflationary spiral. Draghi signaled that the ECB may soon start buying up government bonds.
“The risk that does not fill our the task of maintaining price stability is greater than six months ago “- he said.
” It seems that the market is already convinced that the ECB will act soon. This may lead to a further decline in yields on European bonds “- Christoph Rieger rating, head of debt markets I work at Commerzbank.
On Friday, for the first time in the history of the profitability of the five-year German bonds fell below zero. Also decreased the viability of other European countries. In new historical muscles were on Friday, including the ten-year bonds of Portugal and Spain.
Another downward session reported a crude oil. Brent crude oil prices fell during Friday’s trading below $ 56 per barrel and are the lowest since 2009. Oil prices are falling for the sixth week in a row.
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