The market review for April 16

Bidding on the U.S. stock market Thursday, April 15, started opposite changes leading indexes because of the weak macroeconomic statistics.First, investors’ expectations are not justified report U.S. Department of Labor (United States Department of Labor), demonstrating growth in the number of primary applications for unemployment benefit up to 484 thousand from the past 460 thousand, while experts predicted decline to 440 thousandThis is the second consecutive increase in the number of those who receive the allowance, which is not evidence of improvement in the labor market, although the data on unemployment, which is no longer growing, continue to point to stabilize the situation.

Do not boosted share prices and the report of the Federal Reserve System (FRS) on industrial production for March, submitted before the start of the trading session.According to the report, the volume of industrial production increased in comparison with the previous month, only 0.1%, while economists predicted growth rate on a monthly basis on 0,7%.In addition, pressure on the paper provided investor concern problems with the budget deficit of Greece, which vaguely resemble the fiscal problems of the United States, behind that except that the explosive growth rates for American state bonds until portends.
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The market review for April 15

On Wednesday, April 14, trades on the American stock market began rising prices. Optimism for the most part was based on reports of strong semiconductor manufacturer Intel Corp. and one of the largest U.S. bank JPMorgan Chase & Co. After Alcoa Inc.failed to meet expectations on the eve of Experts on the part of the proceeds, the players began to doubt the success of the new season statements, but Intel and JPMorgan managed to dispel them. Published macroeconomic statistics were also quite good:Consumer prices in March rose in line with expectations at 0.1%, and increase the volume of retail sales for March exceeded projections by 0,4 percentage points Magnitude of changes in the last figure (1.6% in March) shows growth in consumption necessary for economic recovery.The tendency of people to savings falls, indicating that expectations of improving macroeconomic environment in the medium-term future.
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The market review for January 26

Trading on the U.S. stock market on Monday, January 25, held at the “green” territory. The positive mood of investors seemed to shake the reported sales volume in the secondary housing market in December. Experts expect declining by 9,8%, but sales fell by 16,7%, which proved to be the most significant change over the past 40 years. However, the decline was quickly redeemed, as the main theme of the day still was the news about the likely re-election as head of the Federal Reserve System (FRS) the USA Ben Bernanke, who headed it into the present. Term of office expires next Sunday and the Senate is expected this week to vote for his re-election.

B. Bernanke, impressed investors so that he insisted on lowering a key interest rate to stimulate the economy and, consequently, contributed to the supply of cheap liquidity of banks and the growth of stock markets. In addition, bidders do not want any change, because at present the future and so extremely vague. Senior White House adviser David Axelrod said Monday that U.S. President Barack Obama is absolutely sure of reelection B. Bernanke, than in the largely pacified American traders.

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Alan Greenspan

Every morning, Alan Greenspan wakes up at 5.30 and within 1.5 hours takes a bath and read the economic reports, considering the financial and economic problems of the country. Presidency of the Council of Governors of the Federal Reserve System (U.S. Central Bank), an influential body of economic policy, Greenspan was appointed by President George W. Bush June 20, 2000, and for the fourth time.

Alan Greenspan was born in March 1926 in Brooklyn, in an area which was called “Frankfurt on the Hudson”, because there selilos many Jewish immigrants from Germany. Parents of his father, a stockbroker, also came from Germany. On the maternal side his ancestors were immigrants from Poland. When Alan turned 5 years old, his parents divorced, and he brought his mother and her parents. His mother, Rose, after divorce, along with Alan moved to her parents in a small 2-room apartment in a six-story house on the corner of Broadway and 163rd Street and went to work in a furniture store. Next to them lived a family sisters Rose – Mary and her husband Jacob Halpert, in which the couple had two children – a boy and a girl. It is with them and with their father and a young Alan spent most of the time.

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The market review for December, 17st

Stock trades in the United States were closed on Dec. 16 change in opposite directions leading aggregate indicators against the background of the decision of the Federal Reserve System (Fed) to leave the key rate at a level close to zero. Following the two-day meeting on monetary policy the Fed repeated its pledge to keep rates at “extremely low” level for a prolonged period, and stated that the U.S. economy is gaining strength. Fed presented a gamblers are no surprises, but immediately after the announcement of the decision at 22:15 Moscow time, U.S. stock indexes began to win back down, reducing much of the growth achieved in early trading. This happened against a background of growth yield of 10-year U.S. Treasuries, caused by speculation about forthcoming in 2010. Fed rate hikes.

Among the leaders of growth in the auction on Dec. 16 was the action of mineral fertilizer producer CF Industries Holdings (+4,9%), US Steel Corporation Steel Corp. (+2.9%), Oil and gas Range Resources Corp. (+4.3%). Quotations oil futures on the basis of trading on the NYMEX rose 1.97 dollars and accounted for 72.66 dollars per barrel. In the currency market the dollar declined in value against the euro and British pound but strengthened the Japanese yen.
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The market review for November, 24st

Stock trades in the U.S. on November 23 leading indexes closed higher on the background of macroeconomic statistics. With optimism investors viewed the data of the National Association of realtors on the number of sales of houses in the secondary market in the U.S. in October 2009. That exceeded expectations. Annual volume (for the last 12 months) sales of houses on the secondary housing market in the United States in October 2009. annualized seasonally adjusted grew by 10,1% and amounted to 6.1 million units. Analysts expect that figure for the past month was 5.7 million units. In addition, the market rumors that the Federal Reserve System (FRS), the U.S. intends in the near term to keep the discount rate at a record low level, which contributes to the positive sentiment among investors.

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The market review for November, 17st

Stock trades in the U.S. on November 16 2009. culminated in the growth of leading indexes. Investors are pleased as news of macroeconomics, and statement by the head of the Federal Reserve System (FRS) the USA Ben Bernanke that in the near future have the opportunity to hold the refinancing rate at its current level. According to him, in the foreseeable future, inflation is not expected, while next year the U.S. economy will grow, despite several negative factors.

According to the U.S. Department of Commerce (US Department of Commerce), the volume of retail sales in the country was above forecasts of experts, and in October 2009. compared with the previous month increased by 1,4% – to 347.48 billion dollars, while analysts expect its growth to 0,9%. According to the Ministry of Trade, published after the commencement of the trading session, stocks of manufactured goods, components and semi-finished products to U.S. stores in September 2009. decreased by 0,4% compared with August 2009., while analysts predicted decline of this indicator on 0,8% in monthly terms. read more

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The market review for November, 11st

Stock trades in the United States were closed on November 10 countervailing change leading indexes. The main factor that influenced the outcome of the meeting, was the publication of financial statements of a number of American companies. In the banking sector is worth noting improvement quotes Bank of America Corp. (1.65%) appeared on the background of news British bank HSBC to reduce the level of arrears on consumer credit in the United States.

In the Green Zone ended in bidding for the world’s largest insurance company American International Group Inc. (3.90%) amid reports from the agency Moody’s Investors Service. According to analysts Moody’s, AIG in the near future be able to pay received from the Federal Reserve System (FRS), the U.S. loan and pay off most of the debt owed to the Ministry of Finance (Unites States Department of the Treasury) to exit from a crisis situation. read more

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The market review for November, 5st

Stock trades in the United States were closed on November 4 countervailing movement leading indexes. Influence the course of bidding had decided the Federal Reserve System (FRS), issued after the beginning of the trading session. The Fed decided to keep the key discount rate in the range of 0-0,25% per annum. This figure coincided with forecasts of analysts, also expect a continuing bid to a minimum. Thus, the Fed left rates unchanged since December 2008. To ensure the necessary conditions for a speedy withdrawal of the economy from recession.

Fed decision influenced the change in quotations in the banking sector. Shares of mortgage bank Wells Fargo & Co. prices increased by 0,8%, but rates JPMorgan Chase & Co. and Citigroup Inc. decreased by 1,15% and 1,73% respectively. read more

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Federal Reserve System

The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. It was created in 1913 by the enactment of the Federal Reserve Act, largely as a response to a series of financial panics or bank runs, particularly a severe panic in 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved.^[2][4] Events such as the Great Depression were some of the major factors leading to changes in the system.^[5] Its duties today, according to official Federal Reserve documentation, fall into four general areas:^[6]

1. Conducting the nation’s monetary policy by influencing monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
2. Supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system, and protect the credit rights of consumers
3. Maintaining stability of the financial system and containing systemic risk that may arise in financial markets
4. Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system read more

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