Russian English German Italian Spanish Portuguese Chinese French Japanese Korean
NEWS DIRECTORY FORUM FINANCIAL FORECASTING FOREX GUIDE
Members access
Email:
Password:
home based business opportunity

Sign up now.
Forgot password?

Choose Category
 Forex Forecasts
 USMarket
   
   INFORMATION
 About
 Business support
 Feedback
 Forex informers
 Easy Forex
 Glossary
 Forex Market
 Forex Brokers
 Forex Trading

Customer quotes

I tried a lot of paid forecasts and signals but I didn`t meet such quality forecasts. I `ve been looking for 2 months and checking positions - the result is fabulous, it`s easy to follow predictions and the statistics is genuine true! Thanks for being OpenForex

Serg Berg

D

Contact

  Email: click here
  Tel: +1 312 2390929

Forex · News · USMarket

NEWS / USMarket

USmarket Despite divergence of last statistical data key indexes are stable.

11:47 02/13/2006

On a background of expectations of the US trade balance data shares on Wall Street opened mixed. Right after the publication of data, which showed growth of trade deficit balance in December, the tenders proceeded in noticeably less volume.

 

Let's remind that the US trade deficit balance made $65.68 billion in December of the last year against November value of $64.69 billion. Earlier it was informed on November deficit of $64.21 billion.

Experts waited for deficit at a level of $65 billion. Import made $177.19 billion in December against $173.88 billion in November, export rose up to $111.52 billion from $109.19 billion in November.

On results of 2005 deficit made $725.76 billion against $617.58 billion a year earlier. These are record data.

 

HFE expert Jan Sheperdson notices: "Export and import are at high levels. We wait for revision of GDP data for the 4 quarter. Export data should add about 0.5% to GDP, but import must take away about 1.1%. On the other hand, last data on construction spending and stocks will influence positively on gross domestic product. As a result changes can be not so visible" - the expert concludes.

 

And another expert noticed "there are three factors which have influenced seriously on December data. First, sales of air vessels were down 1.5 billion dollars that would not repeat any more in January. Secondly, petroleum deficiency was down 1.2 billion dollars because of drop in of prices that leveled almost all losses of planes. Thirdly, the core deficiency – except for planes and oil – was up0.7 billion dollars. Export and import hiked, but in general rate of deficiency growth slowed down".

 

Let's remind that investors were concerned by messages on reduction of staff in IT-sector. So, for example, today software producer Oracle has declared about its intention to reduce 2.000 jobs in connection with Siebel Systems purchase.

 

It is also necessary to notice that a situation in the market of energy carriers has sustained a little key stock indexes. We shall remind that the oil prices keep down on a background of increase in stocks in the USA. On Friday of the quotation of oil WTI were down 78 cents to $61.84 per a barrel.

"Geopolitical factors receded into the background due to expectations of stocks rise", - Ed Mayer from Man Financial told. Thus he added that sharper drop in oil prices was hampered by such fears. On today morning oil traded in area of $61.80.

 

As a result Dow-Jones index of New York stock exchange has fallen on 26.73 points and was closed at a level 10892.32. NASDAQ index has dipped on 22.07 points and is at a level 2239.81. S&P 500 index has reduced on 4.13 points and is at a level 1262.86.

And profitability of the US state obligations for 30 years has grown on 0.012 in comparison with the previous closing and makes 4.559.

As a result we recommend continuing to keep purchases of Dows-Jones index futures, opened from levels 10690. Protective stop-loss should be set under a level 10660. The key purpose of growth of the index will most likely to become a level 11200.

* Printer-Friendly Version * Send This Page * Add to Favorites * Comments
Prev All News Category News Next

World Time
Calendar
 March, 2006
Sun Mon Tue Wed Thu Fri Sat
      01 02 03 04
05 06 07 08 09 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  
Forex NewsAdvertise
Resource
Forex Forex Guide
Forex Analysis Forex News
Forex Broker Foreign Exchange
Forex Directory Russian Forex
World Market
Market Snapshot
Stock Quotes

Partners

| Forex Trading | Business catalog | China Real Estate | Forex Broker | Forex Market | Forex Forum |
© Copyright 1998-2011 OpenForex.com - forex trading, brokers, financial forecast