Not all cat Shrovetide Alibaba continues to fall

Not all cat Shrovetide: Alibaba continues to fall

Alibaba Group Holding Ltd
lowered their quotes
the second day in a row, as well as all
Chinese stocks listed in the US. it
It comes amid concerns
second over a slowdown in growth
largest world economy.

shares
Alibaba yesterday lost 3%
$ 87.17 in the US
auction. Total progress starting at $ 68,
offered per share
during the IPO, slowed
to 25%.

shares of most
Chinese companies fell after
as the “Beige Book” showed serious
problems of the economy. Meanwhile,
90% Alibaba sales are
namely China.

I recall the first
business day after the IPO
action “Chinese miracle” added
as much as 38%, placing the next record.
Alibaba has become one of
the most valuable companies in the US
exchanges. Timoti Griski, Director
Investment in the company Solaris
Asset Management, said by telephone: “Heath
on the stock exchange is now serving companies,
consumer-oriented
services. And it was at this point
timed Alibaba «performance»,
which, as you might expect,
It turned Incredible! “.

Last week
Alibaba earned $ 21.8
billion – and broke the record for the IPO,
established at the time by another
Chinese debutant – Agricultural
Bank Of China Ltd for 22.1 billion (2010).

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US index futures rise on European statistics

US index futures rise on European statistics

MOSCOW, October 23 – RIA Novosti. Futures on indices on Wall Street grew by positive statistics in business activity from Europe. Apparently, investors now feel a certain rise in the hope that the economy still avoid a recession, and will continue steady growth.

By the time 17.13 MSK futures for DJIA rose 0.79%; on NASDAQ – firmed 0.76%; on S P 500 – 0.73%, up to 1939 points.

Driver to the growth of Wall Street futures was the publication of PMI Europe. This index, which assesses the business activity in the industrial production and the service industry, showed a positive trend, even beating analysts’ forecasts. Against the background of gloomy data that is continuously supplied from Europe for the past few weeks, this statistic has become a beacon of light and inspired investors.

"Europe is the focus of investors"- I commented to Bloomberg economist at Commerzbank AG in London Piter Dikson (Peter Dixon).

It contributes to the rise on Wall Street and the season more accountability. Today, data for the third quarter showed Caterpillar Inc., and the data were very positive: net income rose by 5.5%, and the earnings outlook of stocks also rose. The result is expected to increase the company’s capitalization immediately after the opening of US markets. Finally, US automakers General Motors patriarch showed an increase in net profit, which compared to the same period in 2013 doubled that definitely will please investors and is likely to increase the price of the shares of the giant.

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Asian markets rose on Friday

Asian markets rose on Friday

Trading in the Asia-Pacific region in
Friday ended in the green zone. it
It helped a little to reduce the percentage drop
most of the indices for the week.
MSCI Asia Pacific lost per week
1.4%, but on Friday rose by 0.4%.

Nikkei added
0,33%, Kospi up today
0.35%; Hang Seng firmed 0.37% and
Now Shanghai Composite jumped
up to 1.4%. This Chinese growth
index due to the fact that the People’s Bank
China on Friday intervened 8.2
billion dollars on the interbank market
the country with the help of short-term transactions
lending. In the money market in China
very serious rates rose.

AT
a result of increased securities
Chinese financial firms and lenders.
ICBC added modest
1.4%; Citic Securities, Haitong Securities increased
capitalization of 6% each.

And here
loudly announced a project to
“Bow” of stock exchanges in Hong Kong and Shanghai
(Stock Connect), worked
the first week, showed not the most confident
results. Investors chose all
24% quota on the amount of the purchased shares in Hong Kong
(100% – it’s $ 90 billion).

AT
Japan this week happened important
Events: Sindzo Abe dissolved the lower
house of parliament. Already on December 14, will
early election it. unpopular
measure – the second increase in the sales tax
– was postponed for half a year. That’s why
grown up country codes.

Among
large movements of securities can
noted appreciation of 4.2% stake
Casino in Macau Galaxy Entertaiment Group.
oil company
CNOOC added 3.5% yesterday and
now it raises the price of oil, and
securities of companies related to the
“Black gold” perfectly responded
on the news.

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Russia will not cut oil production to support

Russia will not cut oil production to support prices

Russian
“Oil king” said the country
will not cut production to
support prices. This Evening News
placed edition of The Wall
Street Journal, right in front of
OPEC summit to be held in
Thursday.

Speaking after the meeting,
with representatives of the largest
oil companies, on Tuesday
Igor Sechin, the chief executive
Director of OJSC “Rosneft”, he said
The current price of oil "is not
critical for us". He also added,
Russia can not just cut
oil production, unlike manufacturers
OPEC.

OPEC summit on Thursday
officials gather to discuss
possible options for
reduce by 30% in oil prices since the summer of
of the year. Russia is not an OPEC member,
but price cuts hurt its economy
and the national currency has pushed strongly
down.

Minister of foreign
Venezuelan Minister Rafael Ramirez said,
that the participants of the meeting on Tuesday, on the
who were also senior officials
officials from Saudi Arabia and Mexico,
you said "his vision of the market"but
We agreed that the current price is too
low. "All worried about the price".
– he told reporters afterwards.

Despite the statement
Mr. Sechin, the OPEC meeting, probably
It will be one of the most important in recent
years for the Kremlin, because failure
support for oil prices may cause
a serious blow to Russia’s economy and
its currency. The ruble has weakened by about a third
against the US dollar this year
against the backdrop of Western sanctions and falling prices
oil. Low price cost economy
the country about $ 100 billion this year, he said
Finance Minister Anton Siluanov in
Monday. The economic growth
projected at not more than 0.5%
this year.

"If OPEC decides
decision to cut production or make
it will have no influence, ruble
may fall further, raising the level of
inflation and anxious mood"-
sure Kris Uifer, a senior partner
Moscow consulting Macro
Advisory.

Bloomberg recently quoted
Sechin, who said that, they say, not Russia
You will need to cut production, even if
oil prices fall to $ 60 a barrel.
He said that Rosneft may delay
some capital-intensive projects, and she
already cut production in a small
the amount for reasons of efficiency.
In an interview broadcast on Monday
on state television, the Minister
Russian Energy Alexander Novak
He said Russia will keep
stable exports in the coming
some years. "This is our contribution to
stabilization of the situation on world markets
oil", – he said.

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WTI futures are stable but slightly more expensive

WTI futures are stable, but slightly more expensive Brent

After yesterday
a record fall in the price of oil begins
gradually recover. collapse of prices
It occurred after the announcement of data
growth stocks in the US to record levels.

By the close of trading
yesterday quotes for WTI futures with
for delivery in April fell to a mark
$ 43.96 per barrel. May futures also
reduced – to $ 45.53 per barrel. At the same
while crude oil futures, Brent
delivery fell $ 1.48 in May – up
the level of $ 54.43 per barrel.

Today to 8:37 MSK
Oil is traded in a small plus.
May futures for WTI
grew to $ 45.55 a barrel and Brent to this
time has grown by 0.43% – up to $ 54.61.

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Ruble goes beyond oil what are future prospects

Ruble goes beyond oil – what are the future prospects?

Ruble for the second day
It shows strong growth – despite
the presence of several positive
reasons, the main thing is growing
in the price of oil.

Remember last
Friday, the Russian ruble was still under
strong pressure – when announced
the decision of the central bank cut its key
rate to 15% and the ruble began to fall sharply
together with dollar reached the level 72.
Analysts then stirred up and
almost began to bury the “wooden”
although in fact the central bank has done all
correctly.

And – lo and behold – reduction
rates in Russia coincided with a new rally
the oil market. By the evening of the oil
Futures rose sharply by almost 7% and
Ruble went after them, and by the end of
Session played all the daily losses.

This week started
very positive for the oil and the ruble – and
at the end of Tuesday’s oil has been trading
at a maximum since the beginning of the year (Brent
It closed at $ 56.98,
investing.com of data).
Ruble, of course, a little behind in
dynamics, but still ahead. While on
he has almost no pressure there, it
say and in the Central Bank. And all
geopolitical and other risks have
laid in the price (and they cost a dollar
are about 15-20 rubles.).

"Here the risks are not purely
economic, geopolitical laid here
risks – namely, strengthening the sanctions,
disconnecting from SWIFT, increased tension
Ukraine, Obama’s statements – that’s all
here. Here, the economy just rubles
16 should be removed from the dollar, and then it was
would normally", – says Alexander
Kareevsky economic commentator.

In the future, it all depends
oil – and here something might happen
anything. As for
long-term forecasts, there is a very
different variants. And one of them – oil
It can grow even up to $ 100,
and up to $ 200 or more per barrel.
The same forecast has recently expressed by the head
OPEC, Mr. Al-Badri: "oil never
It will no longer be worth a hundred dollars …
Because it would cost two hundred
dollars".

And in that case
will the ruble? Some simple calculations give
us the answer – the ruble in the area of ​​17 rubles. behind
dollar. By the way, technical analysis is also
It allows such levels to the national
currency. Now we have to wait to
This prediction came true.

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January inflation in Russia sharing it with new

January inflation in Russia sharing it with the new Central Bank rate

CPI
prices in Russia increased in January
3.9% – on a monthly basis and by 15% – in
annualized. This was last night said
Rosstat. Analysts had forecast growth
potrebtsen index in January only
2.2% (13.3% – on an annualized basis).

Thus, surprise
as inflation equation
and updated the key rate of the Central Bank was a success,
writes today Reuters. occurs
question – whether the central bank is too early
I lowered the rate?

The head of the central bank
Elvira Nabiullina said that
acceleration of inflation to peak should
only occur in the second quarter,
assuming that for some time the key
rate may be lower than the actual
inflation: "Even if inflation
above 15%, then, in our opinion, it will be on
short period. And the rate of 15% for this
period is normal. I remind you that when
we had a rate of 5.5 percent, it
while inflation was lower.
The rate may at some point become
below inflation", – said Nabiullina.

Inflation 15%, e.g.
very surprised Vladimir Osakovsky
from Bank of America Merrill Lynch, as Reuters writes.
"Very interesting data, inflation
at the level of rates, which is very risky,
in terms of what it creates preconditions
for policy tightening. But given
Nabiullina words, the big question – how
long they are willing to admit it"-
he said.

Central Bank of Russia reduced
its key interest rate from 17% to 15%, explaining that
the fact that the risks are very strong cooling
economy prevail over inflationary
risks.

Analysts at Capital
Economics expect the peak of inflation in the second quarter
at the level of 17.5%: "While oil prices
Ruble frozen and remains stable
a further increase in inflation can not
prevent the Central Bank to reduce
interest rates on"- says
Liza Ermolenko of Capital Economics.

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